Company: AIRJW
Filing Date: 2025-05-16
Form Type: POS AM
Source: 0001213900-25-044504
Chunk: 53

Company: AirJoule Technologies Corp.
Filing Date: 2025-05-16
Form: POS AM
Chunk 53
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 calendar year, unless otherwise agreed by the AJ Board, we will provide equity awards to AirJoule, LLC employees in amounts approved by the AJ Board. Components of Our Results of Operations Revenue We anticipate that we will earn revenue from the sale of various key components that will be used in the assembly of AirJoule systems. As of March 31, 2025 no revenue has been earned from our operations. Operating Expenses We classify our operating expenses into the following categories:

| ● | General and administrative:    General                                                                                                   
 and administrative expenses consist primarily of personnel-related expenses for our executives, consultants and advisors. These expenses 
 also include non-personnel costs, such as rent, office supplies, legal, audit and accounting services and other professional fees.       |

| ● | Research and development:    Research                                                                                                   
 and development expenses include internal personnel, parts, prototypes and third-party consulting costs related to preliminary research 
 and development of our products.                                                                                                        |

| ● | Sales and marketing:    Sales                                                                                        
 and marketing expenses consist primarily of business development professional fees, advertising and marketing costs. |

| ● | Transaction costs incurred in connection with Business                                                                         
 Combination:    Transaction costs represent the initial recognition of the earnout shares liability and fees                   
 incurred for financial advisory, legal and other professional services that were directly related to the Business Combination. |

| ● | Depreciation and amortization:    Depreciation                               
 and amortization expense consists of depreciation of property and equipment. |

26 Results of Operations The following tables set forth the results of our operations for the periods presented, as well as the changes between periods. The period-to-period comparison of financial results is not necessarily indicative of future results. The three months ended March 31, 2025 compared to the three months ended March 31, 2024 The following table sets forth the Company’s condensed consolidated statements of operations data for the three months ended March 31, 2025 and 2024:

| Cost and expenses:                                                 |     | Three Months Ended March 31, 
 2025                         |            |   |     | 2024 |             |   |     | Change ($) |              |   |
|:-------------------------------------------------------------------|:----|:-----------------------------|-----------:|:--|:----|:-----|------------:|:--|:----|:-----------|-------------:|:--|
| General and administrative                                         |     | $                            |  2,786,484 |   |     | $