| Schedule of Balance Sheet Information |
The following table contains balance sheet information of AirJoule, LLC:
|
|
|
|
|
|
|
|
|
|
|
December 31, |
|
|
|
2025 |
|
|
2024 |
|
Total current assets |
|
$ |
660,788 |
|
|
$ |
2,330,386 |
|
In-process research and development |
|
|
613,400,000 |
|
|
|
674,700,000 |
|
Goodwill |
|
|
290,025,000 |
|
|
|
534,353,000 |
|
Other non-current assets |
|
|
6,559,351 |
|
|
|
5,796,941 |
|
Total assets |
|
$ |
910,645,139 |
|
|
$ |
1,217,180,327 |
|
Total current liabilities |
|
$ |
3,338,471 |
|
|
$ |
4,531,668 |
|
Total non-current liabilities |
|
|
4,512,028 |
|
|
|
4,238,293 |
|
Total liabilities |
|
|
7,850,499 |
|
|
|
8,769,961 |
|
Members’ equity |
|
$ |
1,236,803,100 |
|
|
$ |
1,219,053,100 |
|
Accumulated deficit |
|
|
(334,008,460 |
) |
|
|
(10,642,734 |
) |
Total liabilities and members’ equity |
|
$ |
910,645,139 |
|
|
$ |
1,217,180,327 |
|
|
| Schedule of Condensed Statement of Operations |
The following table contains statement of operations information of AirJoule, LLC for the year ended December 31, 2025:
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|
|
|
|
|
|
|
|
|
Year Ended December 31, 2025 |
|
|
For the period from
January 5, 2024 (inception) to December 31, 2024 |
|
Gross Sales: |
|
|
|
|
|
|
Revenue |
|
$ |
110,000 |
|
|
$ |
— |
|
Cost of sales |
|
|
(308,812 |
) |
|
|
— |
|
Gross loss |
|
|
(198,812 |
) |
|
|
— |
|
Operating expenses |
|
|
(17,902,192 |
) |
|
|
(10,859,829 |
) |
In-process research and development impairment |
|
|
(61,300,000 |
) |
|
|
— |
|
Goodwill impairment |
|
|
(244,328,000 |
) |
|
|
— |
|
Other income, net |
|
|
363,278 |
|
|
|
217,095 |
|
Net loss |
|
$ |
(323,365,726 |
) |
|
$ |
(10,642,734 |
) |
|