10-Q Filing

Athena Technology Acquisition Corp. II CIK: 1882198 Q3 2022

Filing Information

Form Type	10-Q
Accession Number	`0001213900-22-072215`
Period End Date	20220930
Filing Date	20221114
Fiscal Year	2022
Fiscal Period	Q3
XBRL Instance	f10q0922_athenatec2_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 63 Income Statement 26 Cash Flow Statement 20 Stockholders Equity 21

Balance Sheet 63 line items

Line Item	Tag	Value	Unit	Period
Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$516.41K	USD	Point-in-time
Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.53M	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssetsCurrent`	$304.96K	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssetsCurrent`	$289.37K	USD	Point-in-time
Due from affiliate	`DueFromAffiliateCurrent`	-	USD	Point-in-time
Due from affiliate	`DueFromAffiliateCurrent`	$25.00K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$805.77K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.86M	USD	Point-in-time
Common stock subject to possible redemption, par value (in Dollars per share)	`TemporaryEquityParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock subject to possible redemption, par value (in Dollars per share)	`TemporaryEquityParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Prepaid expense non - current	`PrepaidExpenseNoncurrent`	$63.33K	USD	Point-in-time
Prepaid expense non - current	`PrepaidExpenseNoncurrent`	$276.77K	USD	Point-in-time
Common stock subject to possible redemption, shares at redemption value	`TemporaryEquitySharesOutstanding`	25.38M	shares	Point-in-time
Common stock subject to possible redemption, shares at redemption value	`TemporaryEquitySharesOutstanding`	25.38M	shares	Point-in-time
Deferred tax asset	`DeferredIncomeTaxAssetsNet`	$13.71K	USD	Point-in-time
Common stock subject to possible redemption, per share. (in Dollars per share)	`TemporaryEquityRedemptionPricePerShare`	$10.10	USD	Point-in-time
Investments held in Trust Account	`AssetsHeldInTrustNoncurrent`	$257.82M	USD	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`	$10.14	USD	Point-in-time
TOTAL ASSETS	`Assets`	$258.44M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$258.69M	USD	Point-in-time
Preferred stock par value (in Dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock par value (in Dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$257.29K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$637.35K	USD	Point-in-time
Franchise tax payable	`FranchiseTaxPayable`	$68.00K	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Franchise tax payable	`FranchiseTaxPayable`	$218.00K	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Income tax payable	`TaxesPayableCurrent`	$261.73K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$705.35K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$737.01K	USD	Point-in-time
Deferred underwriting fee payable	`DeferredCompensationLiabilityClassifiedNoncurrent`	$8.96M	USD	Point-in-time
Deferred underwriting fee payable	`DeferredCompensationLiabilityClassifiedNoncurrent`	$8.96M	USD	Point-in-time
Total liabilities	`Liabilities`	$9.69M	USD	Point-in-time
Total liabilities	`Liabilities`	$9.66M	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES	`CommitmentsAndContingencies`	-	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock subject to possible redemption, $0.0001 par value, 25,375,000 shares at redemption value of $10.14 per share and $10.10 per share, at September 30, 2022 and December 31, 2021, respectively	`TemporaryEquityCarryingAmountAttributableToParent`	$256.29M	USD	Point-in-time
Common stock subject to possible redemption, $0.0001 par value, 25,375,000 shares at redemption value of $10.14 per share and $10.10 per share, at September 30, 2022 and December 31, 2021, respectively	`TemporaryEquityCarryingAmountAttributableToParent`	$257.34M	USD	Point-in-time
Preferred stock, $0.0001 par value; 1,000,000 shares authorized; none issued or outstanding at September 30, 2022 or December 31, 2021	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.0001 par value; 1,000,000 shares authorized; none issued or outstanding at September 30, 2022 or December 31, 2021	`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) at September 30, 2022 and December 31, 2021	`CommonStockValue`	$95.00	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) at September 30, 2022 and December 31, 2021	`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 at September 30, 2022 and December 31, 2021	`CommonStockValue1`	$888.00	USD	Point-in-time
Class B common stock; $0.0001 par value; 10,000,000 shares authorized; 8,881,250 shares issued and outstanding at September 30, 2022 and December 31, 2021	`CommonStockValue1`	$888.00	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	-	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-8.35M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-7.51M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$25.00K	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-7.88M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$23.84K	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-7.86M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-8.34M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-7.51M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	-	USD	Point-in-time
LIABILITIES, REDEEMABLE COMMON STOCK AND STOCKHOLDERS DEFICIT	`LiabilitiesAndStockholdersEquity`	$258.69M	USD	Point-in-time
LIABILITIES, REDEEMABLE COMMON STOCK AND STOCKHOLDERS DEFICIT	`LiabilitiesAndStockholdersEquity`	$258.44M	USD	Point-in-time

Income Statement 26 line items

Line Item	Tag	Value	Unit	Period
General and administrative	`GeneralAndAdministrativeExpense`	$293.95K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$1.16K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$884.14K	USD	3 Qtrs
Franchise tax	`FranchiseTax`	$50.00K	USD	1 Quarter
Franchise tax	`FranchiseTax`	-	USD	1 Quarter
Franchise tax	`FranchiseTax`	$150.00K	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$1.16K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$1.03M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$343.95K	USD	1 Quarter
Interest income on investments held in Trust Account and other income	`InterestIncomeSecuritiesOtherUSGovernment`	-	USD	1 Quarter
Interest income on investments held in Trust Account and other income	`InterestIncomeSecuritiesOtherUSGovernment`	$1.53M	USD	3 Qtrs
Interest income on investments held in Trust Account and other income	`InterestIncomeSecuritiesOtherUSGovernment`	$1.16M	USD	1 Quarter
Total other income	`OtherOperatingIncomeExpenseNet`	$1.16M	USD	1 Quarter
Total other income	`OtherOperatingIncomeExpenseNet`	-	USD	1 Quarter
Total other income	`OtherOperatingIncomeExpenseNet`	$1.53M	USD	3 Qtrs
INCOME (LOSS) BEFORE PROVISION FOR INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$812.89K	USD	1 Quarter
INCOME (LOSS) BEFORE PROVISION FOR INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.16K	USD	1 Quarter
INCOME (LOSS) BEFORE PROVISION FOR INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$494.64K	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$275.44K	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$232.44K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
NET INCOME (LOSS)	`NetIncomeLoss`	$-19.80K	USD	1 Quarter
NET INCOME (LOSS)	`NetIncomeLoss`	$-341.46K	USD	1 Quarter
NET INCOME (LOSS)	`NetIncomeLoss`	$-1.16K	USD	1 Quarter
NET INCOME (LOSS)	`NetIncomeLoss`	$219.20K	USD	3 Qtrs
NET INCOME (LOSS)	`NetIncomeLoss`	$580.46K	USD	1 Quarter

Cash Flow Statement 20 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$-19.80K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-341.46K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-1.16K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$219.20K	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$580.46K	USD	1 Quarter
Interest income on investments held in Trust Account and other	`InvestmentIncomeInterest`	$1.53M	USD	3 Qtrs
Income tax payable	`DeferredIncomeTaxExpenseBenefit`	$275.44K	USD	3 Qtrs
Prepaid expenses and other	`IncreaseDecreaseInPrepaidExpensesOther`	$-229.03K	USD	3 Qtrs
Due from affiliates	`IncreaseDecreaseInDueToAffiliatesCurrent`	$25.00K	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-380.06K	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$1.16K	USD	1 Quarter
Franchise tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$150.00K	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.01M	USD	3 Qtrs
NET CHANGE IN CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-1.01M	USD	3 Qtrs
CASH, BEGINNING OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$516.41K	USD	Point-in-time
CASH, BEGINNING OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.53M	USD	Point-in-time
CASH, END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$516.41K	USD	Point-in-time
CASH, END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.53M	USD	Point-in-time
Prepaid expenses paid by Sponsor in exchange for issuance of Class B common stock	`PrepaidExpensesPaidBySponsorInExchangeForIssuanceOfClassBCommonStock`	$25.00K	USD	1 Quarter
Deferred offering costs included in accrued offering costs	`DeferredOfferingCostsIncludedInAccruedOfferingCosts`	$20.00K	USD	1 Quarter

Stockholders Equity 21 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$25.00K	USD	Point-in-time
Balance	`StockholdersEquity`	$-7.88M	USD	Point-in-time
Balance	`StockholdersEquity`	$23.84K	USD	Point-in-time
Balance	`StockholdersEquity`	$-7.86M	USD	Point-in-time
Balance	`StockholdersEquity`	$-8.34M	USD	Point-in-time
Balance	`StockholdersEquity`	$-7.51M	USD	Point-in-time
Balance	`StockholdersEquity`	-	USD	Point-in-time
Remeasurement of common stock subject to redemption	`StockRedeemedOrCalledDuringPeriodValue`	$-1.05M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-19.80K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-341.46K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-1.16K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$219.20K	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$580.46K	USD	1 Quarter
Issuance of common stock to Sponsor	`StockIssuedDuringPeriodValueNewIssues`	$25.00K	USD	Point-in-time
Balance	`StockholdersEquity`	$25.00K	USD	Point-in-time
Balance	`StockholdersEquity`	$-7.88M	USD	Point-in-time
Balance	`StockholdersEquity`	$23.84K	USD	Point-in-time
Balance	`StockholdersEquity`	$-7.86M	USD	Point-in-time
Balance	`StockholdersEquity`	$-8.34M	USD	Point-in-time
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.