For the quarter ending 2025-09-30, AIRJW had -$4,494,986 decrease in cash & cash equivalents over the period. -$1,878,878 in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income (loss) | -4,012,159 | 17,391,871 |
| Depreciation and amortization | 2,871 | 3,877 |
| Deferred tax expense (benefit) | -2,395,969 | -3,201,539 |
| Amortization of operating lease right-of-use assets | 8,020 | 15,766 |
| Change in fair value of earnout shares liability | 1,728,000 | -19,108,000 |
| Change in fair value of true up shares liability | 0 | 106,106 |
| Change in fair value of subject vesting shares liability | 95,000 | -6,408,000 |
| Change in fair value of equity line obligation liability | -138,324 | 286,819 |
| Change in accrued royalties | -250,000 | - |
| Gain on contribution to airjoule, llc | 0 | 0 |
| Equity loss from investment in airjoule, llc | -1,948,586 | -4,319,945 |
| Non-cash transaction costs in connection with business combination | 0 | 0 |
| Gain on settlement of legal fees | 0 | 0 |
| Share-based compensation | 1,172,489 | 2,419,596 |
| Due from related party | 360,187 | -2,496,577 |
| Due to related party | 0 | 0 |
| Prepaid expenses and other current assets | -225,924 | 355,138 |
| Operating lease liabilities | -7,951 | -14,230 |
| Accounts payable | -167,643 | 217,385 |
| Accrued expenses, accrued transaction costs and other liabilities | 279,097 | -122,308 |
| Net cash used in operating activities | -1,872,246 | -2,163,485 |
| Purchases of fixed assets | 6,632 | 11,376 |
| Investment in airjoule, llc | 2,750,000 | 10,000,000 |
| Net cash used in investing activities | -2,756,632 | -10,011,376 |
| Proceeds from the exercise of warrants | 0 | 0 |
| Proceeds from the exercise of options and purchases pursuant to employee stock purchase plan | 140,887 | - |
| Proceeds from the exercise of options | - | 99,718 |
| Proceeds from the pipe offering, net | -312,375 | 14,556,106 |
| Proceeds from the issuance of common stock | 0 | 0 |
| Proceeds from the issuance of common stock pursuant to equity line purchase agreement | 405,098 | - |
| Net cash provided by financing activities | 133,892 | 14,655,824 |
| Net increase in cash, cash equivalents and restricted cash | -4,494,986 | 2,480,963 |
| Cash and cash equivalents at beginning of period | 28,021,748 | - |
| Cash and cash equivalents at end of period | 26,007,725 | - |
AirJoule Technologies Corp. (AIRJW)
AirJoule Technologies Corp. (AIRJW)