Subsequent Events	9 Months Ended
Sep. 30, 2024
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	Note 13 — SUBSEQUENT EVENTS Statement of Work – Related Party In November 2024, Legacy Montana and AirJoule, LLC executed a statement of work (“AirJoule SOW”) under the Master Services Agreement, dated as of March 4, 2024, by and between Legacy Montana and AirJoule, LLC. Pursuant to the AirJoule SOW, Legacy Montana will provide AirJoule, LLC with engineering and administrative services. Once each calendar year, unless otherwise agreed by the Board of Managers of AirJoule (the “AJ Board”), Legacy Montana will provide equity awards to AirJoule, LLC employees in amounts approved by the AJ Board. AirJoule, LLC will reimburse Legacy Montana for costs incurred related to the AirJoule SOW during a two-year period beginning March 4, 2024 and ending on March 2, 2026. For the three and nine months ended September 30, 2024, $2.0 million of costs were incurred by Legacy Montana related to the AirJoule SOW. These costs are expensed as incurred and recorded as research and development or general and administrative costs in the condensed consolidated statements of operations. Expected reimbursement of costs as of September 30, 2024 was $2.0 million and is recorded as a due from related party receivable on the condensed consolidated balance sheets and within contra-expense accounts on the condensed consolidated statement of operations. According to ASC 855-10-25-1, an entity shall recognize in the financial statements the effects of all subsequent events that provide additional evidence about conditions that existed at the date of the balance sheet, including the estimates inherent in the process of preparing financial statements. Though the SOW was not executed until November 2024, conditions existed at the date of the balance sheet. Accordingly, the Company has recognized transactions related to the AirJoule SOW in the financial statements. Class B Common Stock to Class A Common Stock Conversion In November 2024, pursuant to a notice of conversion delivered by the holder of all outstanding shares of Class B common stock to the Company, all outstanding shares of Class B common stock were converted on a one-for-one basis into shares of Class A common stock.

Subsequent Events

9 Months Ended

Sep. 30, 2024

Note 13 — SUBSEQUENT EVENTS

Statement of Work – Related Party

In November 2024, Legacy Montana and AirJoule, LLC executed a statement of work (“AirJoule SOW”) under the Master Services Agreement, dated as of March 4, 2024, by and between Legacy Montana and AirJoule, LLC. Pursuant to the AirJoule SOW, Legacy Montana will provide AirJoule, LLC with engineering and administrative services. Once each calendar year, unless otherwise agreed by the Board of Managers of AirJoule (the “AJ Board”), Legacy Montana will provide equity awards to AirJoule, LLC employees in amounts approved by the AJ Board.

AirJoule, LLC will reimburse Legacy Montana for costs incurred related to the AirJoule SOW during a two-year period beginning March 4, 2024 and ending on March 2, 2026. For the three and nine months ended September 30, 2024, $2.0 million of costs were incurred by Legacy Montana related to the AirJoule SOW. These costs are expensed as incurred and recorded as research and development or general and administrative costs in the condensed consolidated statements of operations. Expected reimbursement of costs as of September 30, 2024 was $2.0 million and is recorded as a due from related party receivable on the condensed consolidated balance sheets and within contra-expense accounts on the condensed consolidated statement of operations.

According to ASC 855-10-25-1, an entity shall recognize in the financial statements the effects of all subsequent events that provide additional evidence about conditions that existed at the date of the balance sheet, including the estimates inherent in the process of preparing financial statements. Though the SOW was not executed until November 2024, conditions existed at the date of the balance sheet. Accordingly, the Company has recognized transactions related to the AirJoule SOW in the financial statements.

Class B Common Stock to Class A Common Stock Conversion

In November 2024, pursuant to a notice of conversion delivered by the holder of all outstanding shares of Class B common stock to the Company, all outstanding shares of Class B common stock were converted on a one-for-one basis into shares of Class A common stock.