v3.26.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Cost and expenses:        
General and administrative $ 3,817,932 $ 3,751,211 $ 7,162,278 $ 6,537,695
Research and development 172,807 401,623 388,278 789,542
Sales and marketing 118,047 7,794 163,950 22,003
Depreciation and amortization 4,405 2,289 8,307 3,877
Loss from operations (4,113,191) (4,162,917) (7,722,813) (7,353,117)
Other income (expense):        
Interest income 292,929 283,733 577,594 526,758
Equity loss from investment in AirJoule, LLC (2,510,952) (2,089,667) (65,658,820) (4,319,945)
Change in fair value of Earnout Shares liability (2,393,000) 6,276,000 (965,000) 19,108,000
Change in fair value of True Up Shares liability 0 0 0 106,106
Change in fair value of Subject Vesting Shares liability (2,730,000) 934,000 (2,289,000) 6,408,000
Change in fair value of Equity Line Obligation liability 0 0 35,598 0
Other expense, net 0 (286,818) (1,577) (285,470)
Total other income (expense), net (7,341,023) 5,117,248 (68,301,205) 21,543,449
Income (loss) before income taxes (11,454,214) 954,331 (76,024,018) 14,190,332
Income tax benefit 2,920,649 1,558,882 17,664,912 3,201,539
Net income (loss) $ (8,533,565) $ 2,513,213 $ (58,359,106) $ 17,391,871
Class A Common Stock        
Other income (expense):        
Weighted average common stock outstanding, basic (in Shares) 69,735,011 59,247,717 68,484,583 57,656,530
Basic net income (loss) per share, Class A common stock (in Dollars per share) $ (0.12) $ 0.04 $ (0.85) $ 0.3
Weighted average Class A common stock outstanding, diluted 69,735,011 60,179,241 68,484,583 58,727,169
Diluted net income (loss), per share, Class A common stock (in Dollars per share) $ (0.12) $ 0.04 $ (0.85) $ 0.3