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
DE
Fiscal year end
December 31
Former names
Power & Digital Infrastructure Acquisition II Corp. (to 3/14/2024)
Latest financial report
10-Q - Q2 2024 - Aug 23, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 216 % +436%
Debt-to-equity 83.9 % -95.9%
Return On Equity 196 %
Return On Assets 92.6 %

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 1.05M USD -4.4%
Selling and Marketing Expense 74.8K USD -41.6%
General and Administrative Expense 7.88M USD +230%
Operating Income (Loss) -63.2M USD -1319%
Nonoperating Income (Expense) 16.5M USD
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 12.2M USD
Income Tax Expense (Benefit) 85.1M USD -279%
Net Income (Loss) Attributable to Parent 200M USD

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 27.4M USD +2341%
Assets, Current 36M USD +5151%
Property, Plant and Equipment, Net 8.09K USD
Operating Lease, Right-of-Use Asset 162K USD
Goodwill 247M USD
Assets 379M USD +240%
Accounts Payable, Current 768K USD +94.7%
Accrued Liabilities, Current 6.72M USD +289%
Liabilities, Current 3.54M USD -45.5%
Deferred Income Tax Liabilities, Net 84.5M USD
Operating Lease, Liability, Noncurrent 140K USD
Liabilities 149M USD +1088%
Retained Earnings (Accumulated Deficit) 178M USD
Stockholders' Equity Attributable to Parent 230M USD +14233%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 198M USD +4223%
Liabilities and Equity 379M USD +240%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -6.43M USD -700%
Net Cash Provided by (Used in) Financing Activities 43.5M USD +16889%
Net Cash Provided by (Used in) Investing Activities -10M USD
Common Stock, Par or Stated Value Per Share 0 USD/shares
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 34.6M USD +883%
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 165K USD
Lessee, Operating Lease, Liability, to be Paid 185K USD
Operating Lease, Liability, Current 25.4K USD
Lessee, Operating Lease, Liability, to be Paid, Year Two 39.4K USD
Lessee, Operating Lease, Liability, to be Paid, Year One 36.7K USD
Deferred Income Tax Expense (Benefit) 85.7M USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 19.8K USD
Lessee, Operating Lease, Liability, to be Paid, Year Three 40.5K USD
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 25M shares +2400%
Lessee, Operating Lease, Liability, to be Paid, Year Four 42.6K USD
Additional Paid in Capital 52.2M USD +4574%
Preferred Stock, Shares Outstanding 0 shares
Depreciation, Depletion and Amortization 1.09K USD 0%
Share-based Payment Arrangement, Expense 16.6M USD
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%