10-K Filing

Athena Technology Acquisition Corp. II CIK: 1882198 FY 2021

Filing Information

Form Type	10-K
Accession Number	`0001213900-22-015943`
Period End Date	20211231
Filing Date	20220330
Fiscal Year	2021
Fiscal Period	FY
XBRL Instance	f10k2021_athenatech2_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 29 Income Statement 11 Cash Flow Statement 23 Stockholders Equity 10

Balance Sheet 29 line items

Line Item	Tag	Value	Unit	Period
Cash	`Cash`	$1.53M	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssetsCurrent`	$304.96K	USD	Point-in-time
Due from affiliate	`DueFromAffiliateCurrent`	$25.00K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.86M	USD	Point-in-time
Prepaid expenses - non current	`PrepaidExpenseNoncurrent`	$276.77K	USD	Point-in-time
Common stock subject to possible redemption, par value (in Dollars per share)	`TemporaryEquityParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Deferred tax asset	`DeferredIncomeTaxAssetsNet`	$13.71K	USD	Point-in-time
Common stock subject to possible redemption, shares at redemption value	`TemporaryEquitySharesOutstanding`	25.38M	shares	Point-in-time
Investments held in Trust Account	`AssetsHeldInTrustNoncurrent`	$256.29M	USD	Point-in-time
Common stock subject to possible redemption, per share. (in Dollars per share)	`TemporaryEquityRedemptionPricePerShare`	$10.10	USD	Point-in-time
Preferred stock par value (in Dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
TOTAL ASSETS	`Assets`	$258.44M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$637.35K	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Franchise tax payable	`TaxesPayableCurrent`	$68.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$705.35K	USD	Point-in-time
Deferred underwriting fee payable	`DeferredCompensationLiabilityClassifiedNoncurrent`	$8.96M	USD	Point-in-time
Total liabilities	`Liabilities`	$9.66M	USD	Point-in-time
Common stock subject to possible redemption, $0.0001 par value, 25,375,000 shares at redemption value of $10.10 per share.	`TemporaryEquityCarryingAmountAttributableToParent`	$256.29M	USD	Point-in-time
Preferred stock, $0.0001 par value; 1,000,000 shares authorized; none issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Class A common stock; $0.0001 par value; 100,000,000 shares authorized; 953,750 shares issued and outstanding (excluding 25,375,000 shares subject to possible redemption).	`CommonStockValue`	$95.00	USD	Point-in-time
Class B common stock; $0.0001 par value; 10,000,000 shares authorized; 8,881,250 shares issued and outstanding	`CommonStockValue1`	$888.00	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	-	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-7.51M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-7.51M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	-	USD	Point-in-time
TOTAL LIABILITIES, REDEEMABLE COMMON STOCK AND STOCKHOLDERS DEFICIT	`LiabilitiesAndStockholdersEquity`	$258.44M	USD	Point-in-time

Income Statement 11 line items

Line Item	Tag	Value	Unit	Period
General and administrative	`GeneralAndAdministrativeExpense`	$133.26K	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$133.26K	USD	2 Qtrs
Interest income on investments held in Trust Account	`InterestIncomeSecuritiesOtherUSGovernment`	$823.00	USD	2 Qtrs
Total other income	`OtherOperatingIncomeExpenseNet`	$823.00	USD	2 Qtrs
LOSS BEFORE PROVISION FOR INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-132.44K	USD	2 Qtrs
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$-13.71K	USD	2 Qtrs
NET LOSS	`NetIncomeLoss`	$-118.73K	USD	2 Qtrs
Weighted average shares outstanding of Class A common stock (in Shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	2.17M	shares	2 Qtrs
Basic and diluted net income per share, Class A (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	2 Qtrs
Weighted average shares outstanding of Class B common stock (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	8.75M	shares	2 Qtrs
Basic and diluted net loss per share, Class B (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	2 Qtrs

Cash Flow Statement 23 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-118.73K	USD	2 Qtrs
Interest income on investments held in Trust Account	`InvestmentIncomeInterest`	$815.00	USD	2 Qtrs
Income tax expense (benefit)	`DeferredIncomeTaxExpenseBenefit`	$-13.71K	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidExpensesOther`	$581.73K	USD	2 Qtrs
Due from affiliates	`IncreaseDecreaseInDueFromRelatedParties`	$25.00K	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$637.35K	USD	2 Qtrs
Franchise tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$68.00K	USD	2 Qtrs
Net cash flows used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-34.64K	USD	2 Qtrs
Cash deposited to Trust Account	`PaymentsToAcquireHeldToMaturitySecurities`	$256.29M	USD	2 Qtrs
Net cash flows paid in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-256.29M	USD	2 Qtrs
Proceeds from initial public offering, net of underwriters discount	`ProceedsFromIssuanceInitialPublicOffering`	$248.75M	USD	2 Qtrs
Proceeds from private placement	`ProceedsFromIssuanceOfPrivatePlacement`	$9.54M	USD	2 Qtrs
Proceeds from Note payable-related party	`ProceedsFromRelatedPartyDebt`	$104.40K	USD	2 Qtrs
Repayment of Note payable-related party	`RepaymentsOfRelatedPartyDebt`	$104.40K	USD	2 Qtrs
Proceeds from issuance of Class B common stock to Sponsor	`ProceedsFromIssuanceOfCommonStock`	$25.00K	USD	2 Qtrs
Payment of offering costs	`PaymentsOfStockIssuanceCosts`	$463.90K	USD	2 Qtrs
Net cash flows provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$257.85M	USD	2 Qtrs
NET CHANGE IN CASH	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$1.53M	USD	2 Qtrs
CASH, BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$1.53M	USD	Point-in-time
CASH, BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
CASH, END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$1.53M	USD	Point-in-time
CASH, END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Deferred underwriting commissions payable charged to additional paid-in capital	`DeferredUnderwritingCommissionsPayableChargedToAdditionalPaidinCapital`	$8.96M	USD	2 Qtrs

Stockholders Equity 10 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$-7.51M	USD	Point-in-time
Balance	`StockholdersEquity`	-	USD	Point-in-time
Issuance of common stock to initial stockholders	`StockIssuedDuringPeriodValueNewIssues`	$25.00K	USD	2 Qtrs
Sale of private placement warrants	`AdjustmentsToAdditionalPaidInCapitalWarrantIssued`	$9.54M	USD	2 Qtrs
Proceeds from Initial Public Offering Costs allocated to Public Warrants (net of offering costs)	`ProceedsFromIssuanceOfWarrants`	$8.74M	USD	2 Qtrs
Accretion for redeemable Class A common stock to redemption value	`StockRedeemedOrCalledDuringPeriodValue`	$-25.69M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-118.73K	USD	2 Qtrs
Forfeiture of stock	`StockIssuedDuringPeriodValueShareBasedCompensationForfeited`	-	USD	2 Qtrs
Balance	`StockholdersEquity`	$-7.51M	USD	Point-in-time
Balance	`StockholdersEquity`	-	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.