Company: AIRJW
Filing Date: 2025-05-05
Form Type: 424B3
Source: 0001213900-25-039770
Chunk: 236

Company: AirJoule Technologies Corp.
Filing Date: 2025-05-05
Form: 424B3
Chunk 236
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,
2024 and in total, as of December 31, 2024 has recognized penalties and interest of $0.

The Company files tax returns as prescribed by
the tax laws of the jurisdictions in which they operate. In the normal course of business, the Company is subject to examination by federal
and state jurisdictions where applicable based on the statute of limitations that apply in each jurisdiction. As of December 31,
2024, the open tax years are December 31, 2023, 2022, and 2021.

The Company has no open tax audits with any taxing
authority as of December 31, 2024.

Note 15 — SEGMENT INFORMATION

ASC Topic 280: Segment Reporting establishes
standards for companies to report in their financial statement information about operating segments, products, services, geographic areas,
and major customers. Operating segments are defined as components of an enterprise for which separate financial information is available
that is regularly evaluated by the Company’s chief operating decision maker, or group, in deciding how to allocate resources and
assess performance. Accordingly, management has determined that the Company only has one operating segment and the accounting policies
applied to the operating segment are the same as those described in Note 3 — Summary of Significant Accounting Policies.

The Company’s chief operating decision maker
(“CODM”) has been identified as the senior executive committee that includes the Chief Executive Officer and Chief Financial
Officer. They review the operating results for the Company as a whole to make decisions about allocating resources and assessing financial
performance. The measure of segment performance is based on consolidated net income (loss) as reported on the statement of operations.
The measure of segment assets is reported on the consolidated balance sheet as total assets.

<div align='center'>F-37

AIRJOULE TECHNOLOGIES CORPORATION
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</div>

Note 15 — SEGMENT INFORMATION
(cont.)

The following table reconciles segment profit
or loss to consolidated net income (loss) on the consolidated statements of operations:

|                                                                    |     | Year Ended   
 December 31, |        2024 |     |   |        2023 |   |
|:-------------------------------------------------------------------|:----|:-------------|------------:|:----|:--|------------:|:--|
| Interest income                                                    |     | $            |     932,371 |     | $ |      11,541 |   |
| Gain on contribution to AirJou