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Unaudited Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Current assets      
Cash $ 37,429,270 $ 375,796  
Prepaid expenses and other assets 486,338 126,971  
Total current assets 37,915,608 502,767  
Operating lease right-of-use asset 170,117 49,536  
Property and equipment, net 4,137 3,832  
In-process research and development 365,300,000  
Goodwill 247,233,000  
Total assets 650,622,862 556,135  
Current liabilities      
Accounts payable 431,774 2,518,763  
Accrued transaction fees 3,077,107 3,644,100  
Other accrued expenses 6,781,239 244,440  
Operating lease liability, current 22,981 22,237  
Total current liabilities 11,753,101 6,429,540  
Earnout Shares liability 61,393,000  
True Up Shares liability 286,000  
Subject Vesting Shares liability 14,217,000  
Operating lease liability, non-current 147,858 27,299  
Total liabilities 87,796,959 6,456,839  
Commitments and contingencies (Note 12)  
Stockholders’ equity (deficit)      
Preferred stock, value  
Subscription receivable (6,000,000)  
Additional paid-in capital 11,263,647  
Accumulated deficit (43,686,098) (17,168,101)  
Total Montana Technologies Corporation stockholders’ equity (deficit) (49,680,715) (5,900,704)  
Non-controlling interests 612,506,618  
Total stockholders’ equity (deficit) 562,825,903 (5,900,704)  
Total liabilities and stockholders’ equity (deficit) 650,622,862 556,135  
Related Party      
Current liabilities      
Due to related parties 1,440,000  
Power & Digital Infrastructure Acquisition II Corp.      
Current assets      
Cash   59,167 $ 1,287,986
Prepaid expenses and other assets   284,405
Total current assets   59,167 1,572,391
Investments held in Trust Account   114,641,527 294,395,846
Total assets   114,700,694 295,968,237
Current liabilities      
Accounts payable   695,515 267,297
Other accrued expenses   5,737,714 660,491
Excise tax payable   1,881,321
Income tax payable   171,836 802,367
Franchise tax payable   124,250 72,289
Total current liabilities   9,510,636 1,802,444
Deferred underwriting commissions   6,037,500 10,062,500
Total liabilities   15,548,136 11,864,944
Commitments and contingencies (Note 12)  
Class A common stock; 10,608,178 and 28,750,000 shares subject to possible redemption at $10.76 and $10.20 per share as of December 31, 2023 and 2022, respectively   114,128,755 293,293,429
Stockholders’ equity (deficit)      
Preferred stock, value  
Additional paid-in capital  
Accumulated deficit   (14,976,916) (9,190,855)
Total stockholders’ equity (deficit)   (14,976,197) (9,190,136)
Total liabilities and stockholders’ equity (deficit)   114,700,694 295,968,237
Power & Digital Infrastructure Acquisition II Corp. | Related Party      
Current liabilities      
Advance from related party   900,000
Class A Common Stock      
Stockholders’ equity (deficit)      
Common stock value 4,907 3,274  
Class B Common Stock      
Stockholders’ equity (deficit)      
Common stock value $ 476 476  
Class B Common Stock | Power & Digital Infrastructure Acquisition II Corp.      
Stockholders’ equity (deficit)      
Common stock value   719 719
Class A Non Redeemable Common Stock | Power & Digital Infrastructure Acquisition II Corp.      
Stockholders’ equity (deficit)      
Common stock value