v3.26.1
Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Cost and expenses:    
General and administrative $ 12,487,797 $ 9,042,150
Research and development 1,008,592 2,020,388
Sales and marketing 79,326 150,927
Transaction costs incurred in connection with business combination 0 54,693,103
Depreciation and amortization 9,837 6,517
Loss from operations (13,585,552) (65,913,085)
Other income (expense):    
Interest income 997,687 932,371
Gain on contribution to AirJoule, LLC 0 333,500,000
Equity loss from investment in AirJoule, LLC (39,271,360) (5,321,367)
Change in fair value of Earnout Shares liability 18,328,000 29,197,000
Change in fair value of True Up Shares liability 106,106 (1,634,000)
Change in fair value of Subject Vesting Shares liability 6,639,000 3,973,000
Change in fair value of Equity Line Obligation liability (538,076) 0
Gain on settlement of legal fees 0 2,207,445
Other income 2,995 10,245
Total other income (expense), net (13,735,648) 362,864,694
Income (loss) before income taxes (27,321,200) 296,951,609
Income tax benefit (expense) 18,281,002 (81,256,047)
Net income (loss) $ (9,040,198) $ 215,695,562
Class A Common Stock    
Other income (expense):    
Weighted average common stock outstanding, basic (in Shares) 59,143,290 47,964,244
Basic net income (loss) per share, common stock (in Dollars per share) $ (0.15) $ 4.15
Weighted average Class A common stock outstanding, diluted 59,143,290 49,461,753
Diluted net income (loss) per share, common stock (in Dollars per share) $ (0.15) $ 4.03
Class B Common Stock    
Other income (expense):    
Weighted average common stock outstanding, basic (in Shares) 0 4,068,516
Basic net income (loss) per share, common stock (in Dollars per share) $ 0 $ 4.15
Weighted average Class A common stock outstanding, diluted 0 4,068,516
Diluted net income (loss) per share, common stock (in Dollars per share) $ 0 $ 4.03