AIRJ AirJoule Technologies Corp.

Overview and Growth

In fiscal 2025, AirJoule Technologies Corp. reported net loss of $9.04M. The company employed $340.64M of total assets, the balance-sheet base supporting its current operating and cash-flow results.

Profitability

The reported operating result was an operating loss of $13.59M, reflecting costs that exceeded gross profit. The bottom-line result was a net loss of $9.04M after operating, financing, tax, and other recognized items. The company reported negative EBITDA of $13.58M, adding a pre-interest, tax, depreciation, and amortization view of the operating shortfall. The company reported a pretax loss of $27.32M, before the effect of income taxes. An income-tax benefit of $18.28M improved the final result relative to pretax income or loss. Relative to period-end equity, the net loss represented 3.4%. Relative to total assets, the net loss represented 2.7%. The bottom line deteriorated from $215.70M of income in fiscal 2024 to a $9.04M loss.

Liquidity and Capital Structure

Total assets were $340.64M, supported by $72.70M of liabilities and $267.94M of shareholder equity. The near-term balance sheet paired $23.81M of current assets with $2.26M of current liabilities at the reporting date. The current ratio was 10.52x, with current assets exceeding current liabilities and providing a short-term liquidity cushion. Reported cash and equivalents were $21.85M, separating immediately recognizable cash resources from the rest of the current-asset base. Cash and equivalents represented 965.1% of current liabilities, showing the portion of near-term obligations matched by reported cash alone. The equity-to-assets relationship was 78.7%, placing book capital against the total resource base. Relative to total assets, liabilities measured 21.3%, complementing the separate equity-based view of the company’s capital structure. Cash and equivalents equaled 6.4% of total assets, showing the liquid cash component within the company’s broader resource base. The asset base changed 7.9% from $369.85M in fiscal 2024, leaving current total assets lower year over year. Book equity was 6.3% higher than fiscal 2024 equity of $252.11M, showing how shareholder capital changed year over year. Compared with $28.02M in fiscal 2024, the current cash balance moved 22.0% and finished lower.

Cash Flow and Earnings Quality

Operating activities used $5.63M of cash, resulting in an operating cash outflow for the year. The company spent $18.01K on capital expenditures while operations also absorbed cash, so both ongoing activity and investment drew on liquidity during the period. Operating cash flow and capital spending combined to leave a $5.65M cash deficit after capital spending. The cash deficit after capital spending represented 1.7% of the period-end asset base. Compared with a $24.26M operating cash outflow in fiscal 2024, the current outflow improved to $5.63M.

Based on the annual report for the fiscal year ending Dec 31, 2025. Analysis generated Sep 24, 2026.