AirJoule Technologies Corp.
Business
AirJoule Technologies Corp. develops and commercializes proprietary sorption-based technology that harvests pure distilled water from air and produces dehumidified air using advanced metal-organic frameworks and a pressure swing system. The company manufactures AirJoule Core and Prime systems for industrial water generation, dehumidification, and HVAC integration applications. AirJoule operates through a 50/50 joint venture with GE Vernova for manufacturing and supply in the Americas, Africa and Australia; maintains a commercialization partnership with Carrier for HVAC integration; and targets data centers, advanced manufacturing, military, and HVAC markets globally.
Summary from 10-K filed 2026-03-31
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 |
|---|---|---|---|---|---|
| General and administrative | 12 | 9 | 8 | 887,745 | |
| Research and development | 1 | 2 | 3 | — | |
| Sales and marketing | 79,326 | 150,927 | 540,002 | — | |
| Transaction costs incurred in connection with business combination | 0 | 55 | — | — | |
| Depreciation and amortization | 9,837 | 6,517 | 4,341 | — | |
| Loss from operations | −14 | −66 | −11 | −1 | |
| Interest income | 997,687 | 932,371 | 11,541 | 4 | |
| Gain on contribution to AirJoule, LLC | 0 | 334 | — | — | |
| Equity loss from investment in AirJoule, LLC | −39 | −5 | — | — | |
| Change in fair value of Earnout Shares liability | 18 | 29 | — | — | |
| Change in fair value of True Up Shares liability | 106,106 | −2 | — | — | |
| Change in fair value of Subject Vesting Shares liability | 7 | 4 | — | — | |
| Change in fair value of Equity Line Obligation liability | −538,076 | 0 | — | — | |
| Gain on settlement of legal fees | 0 | 2 | — | — | |
| Other income | 2,995 | 10,245 | — | — | |
| Total other income (expense), net | −14 | 363 | 11,541 | 4 | |
| Income (loss) before income taxes | −27 | 297 | −11 | 3 | |
| Income tax benefit (expense) | 18 | −81 | — | −802,367 | |
| Net income (loss) | −9 | 216 | −11 | 2 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash, cash equivalents and restricted cash | 22 | 28 | 375,796 | 5 | — | |
| Prepaid expenses and other current assets | 750,648 | 613,754 | 126,971 | — | — | |
| Total current assets | 24 | 31 | 502,767 | 2 | 3 | |
| Operating lease right-of-use asset | 115,102 | 147,001 | 49,536 | — | — | |
| Property and equipment, net | 24,544 | 16,373 | 3,832 | — | — | |
| Investment in AirJoule, LLC | 317 | 338 | — | 294 | — | |
| Other assets | 33,696 | 54,482 | — | — | — | |
| Total assets | 341 | 370 | 556,135 | 296 | 294 | |
| Accounts payable | 163,107 | 79,202 | 3 | 267,297 | 1 | |
| Other accrued expenses | 2 | 2 | 244,440 | — | — | |
| Operating lease liability, current | 34,437 | 30,227 | 22,237 | — | — | |
| True Up Shares liability | 0 | 2 | — | — | — | |
| Total current liabilities | 2 | 4 | 6 | 2 | 2 | |
| Earnout Shares liability | 6 | 25 | — | — | — | |
| Subject Vesting Shares liability | 1 | 8 | — | — | — | |
| Operating lease liability, non-current | 89,564 | 124,002 | 27,299 | — | — | |
| Deferred tax liability | 63 | 81 | — | — | — | |
| Total liabilities | 73 | 118 | 6 | 12 | 12 | |
| Commitments and contingencies (Note 13) | — | — | — | — | — | |
| Preferred stock, $0.0001 par value; 25,000,000 authorized shares and 0 shares issued and outstanding as of December 31, 2025 and December 31, 2024 | — | — | — | — | — | |
| Additional paid-in capital | 78 | 54 | 11 | — | — | |
| Retained earnings | 189 | 199 | −17 | −9 | −8 | |
| Total stockholders' equity | 268 | 252 | −6 | 5 | −8 | |
| Total liabilities and stockholders' equity | 341 | 370 | 556,135 | 296 | 294 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 |
|---|---|---|---|---|---|
| Deferred tax expense (benefit) | −18 | 81 | — | — | |
| Amortization of operating lease right-of-use assets | 31,900 | 29,282 | 21,216 | — | |
| Change in fair value of Equity Line Obligation liability | 200,000 | 0 | — | — | |
| Change in accrued royalties | −250,000 | 0 | — | — | |
| Non-cash transaction costs in connection with business combination | 0 | 54 | — | — | |
| Stock-based compensation | 5 | 1 | 52,000 | — | |
| Due from related party | 2 | −3 | — | — | |
| Due to related party | 0 | −1 | — | — | |
| Prepaid expenses and other assets | 116,220 | −166,888 | −21,832 | — | |
| Operating lease liabilities | −30,227 | −22,054 | −21,216 | — | |
| Accounts payable | 19,131 | −2 | 2 | −880,791 | |
| Accrued expenses, accrued transaction costs and other liabilities | 381,426 | −8 | 4 | — | |
| Net cash used in operating activities | −6 | −24 | −5 | −2 | |
| Purchases of property and equipment | −18,008 | −19,058 | −98,950 | — | |
| Investment in AirJoule, LLC | −18 | −10 | — | — | |
| Net cash used in investing activities | −18 | −10 | — | 167,553 | |
| Proceeds from the exercise of warrants | 0 | 45,760 | 9,438 | — | |
| Proceeds from the exercise of options and purchases pursuant to employee stock purchase plan | 140,887 | 130,696 | — | — | |
| Deferred offering costs | −103,508 | 0 | — | — | |
| Proceeds from the PIPE offering, net | 14 | 0 | — | — | |
| Proceeds from the issuance of common stock | 0 | 62 | — | — | |
| Proceeds from the issuance of common stock pursuant to Equity Line Purchase Agreement | 3 | 0 | — | — | |
| Net cash provided by financing activities | 17 | 62 | 265,299 | — | |
| Net increase (decrease) in cash, cash equivalents and restricted cash | −6 | 28 | −5 | −2 | |
| Deferred offering costs included in accrued expenses and other current liabilities | 128,820 | 0 | — | — | |
| Initial recognition of True Up Shares liability | 0 | 555,000 | — | — | |
| Initial recognition of Subject Vesting Shares liability | 0 | 12 | — | — | |
| Initial recognition of ROU asset and operating lease liability | 0 | 172,649 | — | — | |
| Liabilities combined in recapitalization, net | 0 | 9 | — | — | |
| Contribution to AirJoule, LLC of license to technology | 0 | 334 | — | — | |
| Taxes paid | 0 | 0 | — | — |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is AirJoule Technologies Corp.'s CIK number?
AirJoule Technologies Corp.'s SEC CIK number is 0001855474 (1855474). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find AirJoule Technologies Corp.'s SEC filings?
All of AirJoule Technologies Corp.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did AirJoule Technologies Corp. last report earnings?
AirJoule Technologies Corp. (AIRJ) most recently filed an earnings 8-K with the SEC on May 14, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001193125-26-223954). This is AirJoule Technologies Corp.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is AirJoule Technologies Corp.'s most recent earnings 8-K?
AirJoule Technologies Corp.'s latest earnings 8-K (Item 2.02) was filed May 14, 2026 under accession 0001193125-26-223954. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View AirJoule Technologies Corp.'s latest earnings 8-K →
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