Every 10-Q that Airjoule Technologies Corp (AIRJ) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow AIRJ and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full AIRJ filings page.
AirJoule Technologies Corporation reported no revenue and a substantial net loss for the six months ended June 30, 2026 as it continues early-stage commercialization of its AirJoule sorption technology and relies heavily on its 50/50 joint venture with GE Vernova. Net loss was $58,359,106, compared with net income of $17,391,871 a year earlier, driven primarily by an equity loss from investment in AirJoule, LLC of $65,658,820, which reflects that venture’s $110.3 million in-process R&D impairment and $76.1 million goodwill impairment.
Operating expenses remained modest for a growth-stage company, with general and administrative costs of $7,162,278, research and development of $388,278, and sales and marketing of $163,950 for the first half. Changes in fair value of Earnout Shares and Subject Vesting Shares liabilities produced additional non‑cash losses.
Liquidity strengthened through equity raises. The company closed a January 2026 offering and a June 2026 registered direct offering, generating combined net proceeds of about $35.8 million. Cash, cash equivalents and restricted cash were $41,417,134 and working capital was approximately $41.0 million at June 30, 2026. AirJoule also holds a $30,000,000 committed equity facility and has a remaining capital contribution commitment to the AirJoule JV of $64.8 million. Management expects existing cash and prior proceeds to fund operations and JV needs for at least twelve months but notes it may seek additional financing for future opportunities.
The company disclosed a material weakness in internal control over financial reporting related to complex, non‑routine transactions and is implementing remediation measures. Strategic developments include third‑party recognition via a CleanTech award, an exclusive residential sales partnership with Kubota, and new demonstration deployments with GE Vernova.
AirJoule Technologies reported a sharp swing to a net loss of $49.8 million for the quarter ended March 31, 2026, compared with net income of $14.9 million a year earlier, or $(0.74) per basic share versus $0.27.
The loss was driven mainly by a $63.1 million equity loss from its 50/50 joint venture with GE Vernova after the JV recorded a $110.3 million in-process R&D impairment and $76.1 million goodwill impairment. Core operating expenses remained modest, with general and administrative costs of $3.3 million and research and development of $0.2 million.
Liquidity improved through equity financing: AirJoule raised $22.1 million of net proceeds from a January 2026 public offering of 7.1 million Class A shares at $3.25, ending the quarter with $31.1 million in cash, cash equivalents and restricted cash and working capital of $31.4 million. The company contributed $10.0 million to the AirJoule JV in the quarter and has a remaining JV capital commitment of $67.3 million.
Management expects operating losses and negative operating cash flows to increase as it develops its technology and commercialization efforts but believes existing cash and prior financings can fund the current business plan, including JV funding, for at least twelve months. The company also disclosed a material weakness in internal control over financial reporting related to complex, non‑routine transactions and has begun remediation efforts.
AirJoule Technologies Corporation filed its quarterly report, showing a shift to a Q3 2025 net loss of $4.0 million as it continues investing in commercialization. Operating loss was $3.0 million, reflecting higher general and administrative costs while research and development remained modest.
For the nine months, the company reported net income of $13.4 million, down from the prior year period that included a one‑time, non‑cash gain related to forming the AirJoule joint venture. The balance sheet remained strong: cash, cash equivalents and restricted cash were $26.0 million, total assets were $372.7 million, and stockholders’ equity rose to $286.4 million. The investment in AirJoule, LLC stood at $344.7 million. Deferred tax liabilities declined to $75.7 million, and fair‑value liabilities for earnouts and vesting shares decreased versus year‑end.
Liquidity actions included an April 2025 PIPE of 3,775,126 shares at $3.98 for about $14.2 million in net proceeds and initial draws of roughly $0.4 million under a $30 million committed equity facility. Working capital was $25.9 million. The company noted a remaining $82.3 million capital commitment to the AirJoule JV as it advances production and market partnerships.
AirJoule Technologies Corporation (AIRJ) reported consolidated assets of $376.1 million and stockholders' equity of $288.6 million as of June 30, 2025. The company held $30.5 million in cash and cash equivalents and reported net income of $17.4 million for the six months ended June 30, 2025 and $2.5 million for the quarter ended June 30, 2025.
The balance sheet reflects a $343.9 million investment in AirJoule, LLC and a deferred tax liability of $78.1 million. During the period the company received net proceeds of $14.56 million from a PIPE offering and has an unused committed equity facility of up to $30.0 million. The company contributed $10.0 million to the AirJoule joint venture during the six months and discloses a remaining commitment to the JV of $85.0 million. Contingent and liability-classified equity awards changed materially: the Earnout Shares liability decreased to $5.416 million and the Subject Vesting Shares liability decreased to $1.411 million as of June 30, 2025.