For the year ending 2025-12-31, AIRJ had -$6,173,293 decrease in cash & cash equivalents over the period. -$5,652,553 in free cash flow.
| Cash Flow | 2025-12-31 |
|---|---|
| Net income (loss) | -9,040,198 |
| Depreciation and amortization | 9,837 |
| Deferred tax expense (benefit) | -18,281,002 |
| Amortization of operating lease right-of-use assets | 31,900 |
| Change in fair value of earnout shares liability | -18,328,000 |
| Change in fair value of true up shares liability | 106,106 |
| Change in fair value of subject vesting shares liability | -6,639,000 |
| Change in fair value of equity line obligation liability | 240,134 |
| Change in accrued royalties | -250,000 |
| Gain on contribution to airjoule, llc | 0 |
| Equity loss from investment in airjoule, llc | -39,271,360 |
| Non-cash transaction costs in connection with business combination | 0 |
| Gain on settlement of legal fees | 0 |
| Stock-based compensation | 4,867,357 |
| Due from related party | -2,102,623 |
| Due to related party | 0 |
| Prepaid expenses and other assets | -116,220 |
| Operating lease liabilities | -30,227 |
| Accounts payable | 19,131 |
| Accrued expenses, accrued transaction costs and other liabilities | 381,426 |
| Net cash used in operating activities | -5,634,545 |
| Purchases of property and equipment | 18,008 |
| Investment in airjoule, llc | 17,750,000 |
| Net cash used in investing activities | -17,768,008 |
| Proceeds from the exercise of warrants | 0 |
| Proceeds from the exercise of options and purchases pursuant to employee stock purchase plan | 140,887 |
| Deferred offering costs | 103,508 |
| Proceeds from the pipe offering, net | 14,242,268 |
| Proceeds from the issuance of common stock | 0 |
| Proceeds from the issuance of common stock pursuant to equity line purchase agreement | 2,949,613 |
| Net cash provided by financing activities | 17,229,260 |
| Net increase (decrease) in cash, cash equivalents and restricted cash | -6,173,293 |
| Cash, cash equivalents and restricted cash, beginning of period | 28,021,748 |
| Cash, cash equivalents and restricted cash, end of the period | 21,848,455 |
AirJoule Technologies Corp. (AIRJ)
AirJoule Technologies Corp. (AIRJ)