AirJoule Technologies Corp. (AIRJ)
AirJoule Technologies Corporation operates as an atmospheric renewable energy and water harvesting technology company. It provides energy and dehumidification, water harvesting systems, water recapture systems, evaporative heat pump systems, water heating systems, low relative humidity drying systems, pre- and mid-cool integration coils, evaporative cooling, advanced vacuum pump systems, isothermal condenser design, gate and seal systems, and atmospheric water generation through its AirJoule technology. In addition, it offers solutions, such as water from air, water recovery, data centers, cooling systems, and moisture control. The company was founded in 2018 and is headquartered in Ronan, Montana.
Sector: Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip
Industry: Electrical Equipment & Parts
AirJoule Technologies Corporation
NASDAQ:AIRJIndustrials · Electrical Equipment & Parts
+13.57%$2.38
CLOSED · Nov 6Prev close$2.10+13.57%Close$2.38+0.63%AH close$2.40
AH$2.40+0.63%vs close
Mkt Cap$179.37M
Float40.01M
O/S75.21M
VOL1.37M sh
$ Vol$3.16M
RVOL1.46×
Inst Own23.6%
Dilution
Financials Summary
Revenue$0
Net Income-$9.04M
Total Assets$340.64M
Free Cash Flow-$5.65M
Debt & Equity
Debt 0%
Equity 100%
Total Debt$124K
Total Equity$267.94M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in AIRJ's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$340.64M
Liabilities$72.7M
Accounts Receivable$1.21M
Accounts Payable$163K
Inventory$0
PP&E (Net)$140K
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Revenue | $0 | $0 | $0 | $0 | $0 |
| YoY Growth | - | - | - | - | - |
| Cost of Revenue | $0 | $0 | $0 | $0 | $0 |
| Gross Profit | $0 | $0 | $0 | $0 | $0 |
| Gross Margin | - | - | - | - | - |
| Research and Development | $1.01M | $2.02M | $3.31M | $1.74M | $1.18M |
| Selling, General, and Administrative | $12.57M | $9.19M | $8.08M | $1.05M | $1.07M |
| Other | $10K | $54.7M | $4K | $4K | $509 |
| Total Operating Expenses | $13.59M | $65.91M | $11.39M | $2.79M | $2.25M |
| Operating Income (EBIT) | -$13.59M | -$65.91M | -$11.39M | -$2.79M | -$2.25M |
| Operating Margin | - | - | - | - | - |
| Interest Expense | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $998K | $932K | $12K | $4.19M | $895 |
| Other Income (Expense) | -$13.74M | $362.86M | $12K | $0 | -$55K |
| Income Before Tax (EBT) | -$27.32M | $296.95M | -$11.38M | -$2.79M | -$2.31M |
| Income Tax Expense | -$18.28M | $81.26M | $0 | $0 | $0 |
| Net Income | -$9.04M | $215.7M | -$11.38M | -$2.79M | -$2.31M |
| Net Income Margin | - | - | - | - | - |
| Supplementary Data | |||||
| EPS | -0.15 | 4.15 | -0.31 | -0.08 | -0.02 |
| Diluted EPS | -0.15 | 4.03 | -0.31 | -0.08 | -0.02 |
| Weighted Average OS | 59.14M | 52.03M | 36.51M | 35.94M | 35.94M |
| EBITDA | -$27.28M | -$11.18M | -$11.35M | -$2.77M | -$2.31M |
| EBITDA Margin | - | - | - | - | - |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Assets | |||||
| Current Assets | |||||
| Cash and Cash Equivalents | $21.85M | $28.02M | $376K | $1.29M | $2.84M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $21.85M | $28.02M | $376K | $1.29M | $2.84M |
| Accounts Receivable | $1.21M | $2.82M | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $751K | $614K | $127K | $0 | $0 |
| Total Current Assets | $23.81M | $31.46M | $503K | $1.57M | $3.17M |
| Long-Term Assets | |||||
| Property, Plant & Equipment Net | $140K | $163K | $53K | $0 | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $316.66M | $338.18M | $0 | $294.4M | $290.38M |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $34K | $54K | $0 | $0 | $284K |
| Total Long-Term Assets | $316.83M | $338.4M | $53K | $294.4M | $290.66M |
| Other Assets | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $340.64M | $369.85M | $556K | $295.97M | $293.83M |
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts Payable | $163K | $79K | $0 | $0 | $0 |
| Short-Term Debt | $0 | $0 | $22K | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $802K | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $0 | $2.19M | $6.21M | $1M | $1.71M |
| Total Current Liabilities | $2.26M | $4.02M | $6.43M | $1.8M | $1.71M |
| Long-Term Liabilities | |||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $62.98M | $81.26M | $0 | $0 | $0 |
| Other Long-Term Liabilities | $7.38M | $32.34M | $0 | $10.06M | $10.06M |
| Total Long-Term Liabilities | $70.44M | $113.72M | $27K | $10.06M | $10.06M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $72.7M | $117.74M | $6.46M | $11.86M | $11.77M |
| Stockholders' Equity | |||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $6K | $6K | $4K | $293.29M | $290.38M |
| Retained Earnings | $189.49M | $198.53M | -$17.17M | -$9.19M | -$8.31M |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $78.44M | $53.58M | $11.26M | $0 | $0 |
| Total Equity | $267.94M | $252.11M | -$5.9M | $284.1M | $282.06M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $340.64M | $369.85M | $556K | $295.97M | $293.83M |
| Supplementary Data | |||||
| Total Debt | $124K | $154K | $50K | $0 | $0 |
| Net Debt | -$21.72M | -$27.87M | -$326K | -$1.29M | -$2.84M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Operating Activities | |||||
| Net Income | -$9.04M | $215.7M | -$11.38M | -$2.79M | -$2.31M |
| Depreciation & Amortization | $42K | $36K | $26K | $24K | $509 |
| Deferred Income Tax | -$18.28M | $81.26M | $0 | $0 | $0 |
| Stock-Based Compensation | $4.87M | $1.32M | $52K | $0 | $0 |
| Changes in Working Capital: | |||||
| Accounts Receivable | $2.1M | -$2.73M | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $19K | -$2.46M | $2.44M | -$92K | $155K |
| Other Working Capital | $467K | -$9.18M | $3.76M | $11K | $209K |
| Total Working Capital Change | $2.59M | -$14.37M | $6.2M | -$81K | $364K |
| Other Non-Cash Items | $14.19M | -$308.2M | $0 | $0 | $55K |
| Net Cash from Operating | -$5.63M | -$24.26M | -$5.1M | -$2.85M | -$1.89M |
| Investing Activities | |||||
| Capital Expenditures | -$18K | -$19K | -$99K | $0 | -$13K |
| Acquisitions | -$17.75M | -$10M | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $99K | $168K | $0 |
| Net Cash from Investing | -$17.77M | -$10.02M | $0 | $168K | -$13K |
| Financing Activities | |||||
| Debt Repaid | - | - | - | - | - |
| Common Stock Issuance | $17.23M | $61.75M | $0 | $0 | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $0 | $176K | $9K | -$297K | -$545K |
| Net Cash from Financing | $17.23M | $61.93M | $265K | $4.97M | $4.54M |
| Forex Effect | $0 | $0 | $0 | -$168K | $0 |
| Net Change in Cash | -$6.17M | $27.65M | -$4.84M | $2.12M | $2.64M |
| Supplementary Data | |||||
| Operating Cash Flow | -$5.63M | -$24.26M | -$5.1M | -$2.85M | -$1.89M |
| Capital Expenditure | -$18K | -$19K | -$99K | $0 | -$13K |
| Free Cash Flow | -$5.65M | -$24.28M | -$5.2M | -$2.85M | -$1.9M |
| Cash at Beginning | $28.02M | $376K | $5.21M | $3.09M | $450K |
| Cash at End | $21.85M | $28.02M | $376K | $5.21M | $3.09M |