Note 10 — SEGMENT INFORMATION
The Company operates as a single operating and reportable segment. The Chief Operating Decision Maker evaluates performance and allocates resources based on consolidated net income (loss). Accordingly, segment net income (loss) is the same as consolidated net income (loss) as presented in the consolidated statements of operations.
The following table reconciles segment assets to consolidated assets in the condensed consolidated balance sheets:
|
|
|
|
|
|
|
|
|
|
|
June 30, |
|
|
December 31, |
|
|
|
2026 |
|
|
2025 |
|
Investment in AirJoule, LLC |
$ |
|
263,498,454 |
|
$ |
|
316,657,273 |
|
Other segment assets (1) |
|
|
43,341,812 |
|
|
|
23,984,959 |
|
Segment assets |
|
|
306,840,266 |
|
|
|
340,642,232 |
|
Adjustments and reconciling items |
|
|
— |
|
|
|
— |
|
Consolidated assets |
$ |
|
306,840,266 |
|
$ |
|
340,642,232 |
|
(1)Other segment assets included cash, cash equivalents and restricted cash, due from related party, prepaid expenses, operating lease right-of-use asset, property and equipment, net and other assets. |