Montana Technologies Corp. financial data

Symbol
AIRJ, AIRJW on Nasdaq
Industry
Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip
Location
34361 Innovation Drive, Ronan, MT
State of incorporation
Delaware
Fiscal year end
December 31
Former names
Power & Digital Infrastructure Acquisition II Corp. (to 3/14/2024)
Latest financial report
10-Q - Q1 2024 - May 20, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 120 % +40.6%
Debt-to-equity -151 % -17.7%
Return On Equity 47 %
Return On Assets -4.31 % -881%

Shares

Label TTM Value / Value Unit Change %
Entity Public Float 110M USD -60.9%

Income Statement

Label TTM Value / Value Unit Change %
Research and Development Expense 897K USD +48.2%
Selling and Marketing Expense 37.7K USD +262%
General and Administrative Expense 6.5M USD +752%
Operating Income (Loss) -7.26M USD -321%
Nonoperating Income (Expense) -9.79M USD
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -11.6M USD -1284%
Income Tax Expense (Benefit) 1.76M USD
Net Income (Loss) Attributable to Parent -9.45M USD -679%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 37.4M USD +3232%
Assets, Current 37.9M USD +2608%
Property, Plant and Equipment, Net 4.14K USD
Operating Lease, Right-of-Use Asset 170K USD
Goodwill 247M USD
Assets 651M USD +118%
Accounts Payable, Current 432K USD +13.9%
Accrued Liabilities, Current 6.78M USD +293%
Liabilities, Current 11.8M USD +240%
Operating Lease, Liability, Noncurrent 148K USD
Liabilities 87.8M USD +550%
Retained Earnings (Accumulated Deficit) -43.7M USD -315%
Stockholders' Equity Attributable to Parent -49.7M USD -371%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 563M USD
Liabilities and Equity 651M USD +118%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -5.44M USD -577%
Net Cash Provided by (Used in) Financing Activities 42.5M USD +16509%
Net Cash Provided by (Used in) Investing Activities -1.45K USD
Common Stock, Par or Stated Value Per Share 0 USD/shares
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 37.4M USD +703%
Deferred Tax Assets, Valuation Allowance 1.01M USD +217%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure
Deferred Tax Assets, Gross 1.01M USD +217%
Operating Lease, Liability 171K USD
Lessee, Operating Lease, Liability, to be Paid 193K USD
Operating Lease, Liability, Current 23K USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 21.7K USD
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 25M shares +2400%
Additional Paid in Capital 11.3M USD
Preferred Stock, Shares Outstanding 0 shares
Depreciation, Depletion and Amortization 1.15K USD +5.53%
Share-based Payment Arrangement, Expense 16.6M USD
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%