• Airjoule Technologies posted a net loss of $49.83 million for the quarter ended March 31, 2026, swinging from net income of $14.88 million a year earlier.
• Operating loss widened to $3.61 million from $3.19 million, while general and administrative expense rose 20.02% to $3.34 million.
• Equity loss from investment in AirJoule, LLC widened to $63.15 million from $2.23 million, primarily due to impairment to AirJoule, LLC’s in-process R&D.
• Net cash used in operating activities was $2.34 million versus $72,246 a year earlier, while cash and cash equivalents climbed $9.24 million during the quarter to $31.1 million.
• Business updates included a $22.1 million net public offering in January, a $10 million capital contribution to the AirJoule JV, and a binding term sheet naming TenX as exclusive Middle East distributor ahead of initial commercial deployments planned for late 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Airjoule Technologies Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-225395), on May 15, 2026, and is solely responsible for the information contained therein.