10-K Filing

Athena Technology Acquisition Corp. II CIK: 1882198 FY 2022

Filing Information

Form Type	10-K
Accession Number	`0001213900-23-024750`
Period End Date	20221231
Filing Date	20230330
Fiscal Year	2022
Fiscal Period	FY
XBRL Instance	f10k2022_athenatech2_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 61 Income Statement 16 Cash Flow Statement 44 Stockholders Equity 15

Balance Sheet 61 line items

Line Item	Tag	Value	Unit	Period
Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.53M	USD	Point-in-time
Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$418.88K	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssetsCurrent`	$287.45K	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
Due from affiliate	`DueFromAffiliateCurrent`	-	USD	Point-in-time
Total current assets	`AssetsCurrent`	$706.33K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.86M	USD	Point-in-time
Prepaid expense non - current	`PrepaidExpenseNoncurrent`	-	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`	$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`	-	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
Common stock subject to possible redemption, shares at redemption value	`TemporaryEquitySharesOutstanding`	25.38M	shares	Point-in-time
Common stock subject to possible redemption, per share. (in Dollars per share)	`TemporaryEquityRedemptionPricePerShare`	$10.21	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`	$259.98M	USD	Point-in-time
Investments held in Trust Account	`AssetsHeldInTrustNoncurrent`	$256.29M	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 par value (in Dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
TOTAL ASSETS	`Assets`	$260.69M	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
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$519.35K	USD	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`	$637.35K	USD	Point-in-time
Franchise tax payable	`FranchiseTaxPayable`	$268.00K	USD	Point-in-time
Franchise tax payable	`FranchiseTaxPayable`	$68.00K	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Income tax payable	`TaxesPayableCurrent`	$720.22K	USD	Point-in-time
Income tax payable	`TaxesPayableCurrent`	-	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.51M	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
Deferred underwriting fee payable	`DeferredCompensationLiabilityClassifiedNoncurrent`	$8.96M	USD	Point-in-time
Total liabilities	`Liabilities`	$10.46M	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 $10.21 per share and $10.10 per share, at December 31, 2022 and 2021, respectively	`TemporaryEquityCarryingAmountAttributableToParent`	$259.00M	USD	Point-in-time
Common stock subject to possible redemption, $0.0001 par value, 25,375,000 shares at redemption value of $10.21 per share and $10.10 per share, at December 31, 2022 and 2021, respectively	`TemporaryEquityCarryingAmountAttributableToParent`	$256.29M	USD	Point-in-time
Preferred stock, $0.0001 par value; 1,000,000 shares authorized; none issued or outstanding at December 31, 2022 and 2021	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.0001 par value; 1,000,000 shares authorized; none issued or outstanding at December 31, 2022 and 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 December 31, 2022 and 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 December 31, 2022 and 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 December 31, 2022 and 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 December 31, 2022 and 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`	$-7.51M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-8.77M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-7.51M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	-	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-8.77M	USD	Point-in-time
LIABILITIES, REDEEMABLE COMMON STOCK AND STOCKHOLDERS DEFICIT	`LiabilitiesAndStockholdersEquity`	$260.69M	USD	Point-in-time
LIABILITIES, REDEEMABLE COMMON STOCK AND STOCKHOLDERS DEFICIT	`LiabilitiesAndStockholdersEquity`	$258.44M	USD	Point-in-time

Income Statement 16 line items

Line Item	Tag	Value	Unit	Period
General and administrative expenses	`GeneralAndAdministrativeExpense`	$1.31M	USD	Annual
General and administrative expenses	`GeneralAndAdministrativeExpense`	$65.27K	USD	2 Qtrs
Franchise tax	`FranchiseTax`	$68.00K	USD	2 Qtrs
Franchise tax	`FranchiseTax`	$200.00K	USD	Annual
Total operating expenses	`OperatingExpenses`	$133.26K	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$1.51M	USD	Annual
Interest income on investments held in Trust Account	`InterestIncomeSecuritiesOtherUSGovernment`	$823.00	USD	2 Qtrs
Interest income on investments held in Trust Account	`InterestIncomeSecuritiesOtherUSGovernment`	$3.70M	USD	Annual
Total other income	`OtherOperatingIncomeExpenseNet`	$823.00	USD	2 Qtrs
Total other income	`OtherOperatingIncomeExpenseNet`	$3.70M	USD	Annual
INCOME (LOSS) BEFORE PROVISION FOR INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-132.44K	USD	2 Qtrs
INCOME (LOSS) BEFORE PROVISION FOR INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.19M	USD	Annual
Benefit from (provision for) income taxes	`IncomeTaxExpenseBenefit`	$-13.71K	USD	2 Qtrs
Benefit from (provision for) income taxes	`IncomeTaxExpenseBenefit`	$733.93K	USD	Annual
NET INCOME (LOSS)	`NetIncomeLoss`	$1.45M	USD	Annual
NET INCOME (LOSS)	`NetIncomeLoss`	$-118.73K	USD	2 Qtrs

Cash Flow Statement 44 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$1.45M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-118.73K	USD	2 Qtrs
Interest income on investments held in Trust Account	`InvestmentIncomeInterest`	$3.70M	USD	Annual
Interest income on investments held in Trust Account	`InvestmentIncomeInterest`	$815.00	USD	2 Qtrs
Income tax expense (benefit)	`IncreaseDecreaseInDeferredIncomeTaxes`	-	USD	Annual
Income tax expense (benefit)	`IncreaseDecreaseInDeferredIncomeTaxes`	$13.71K	USD	2 Qtrs
Income tax payable	`DeferredIncomeTaxExpenseBenefit`	$733.93K	USD	Annual
Income tax payable	`DeferredIncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidExpensesOther`	$-294.28K	USD	Annual
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidExpensesOther`	$581.73K	USD	2 Qtrs
Due from affiliates	`IncreaseDecreaseInDueToAffiliatesCurrent`	$-25.00K	USD	2 Qtrs
Due from affiliates	`IncreaseDecreaseInDueToAffiliatesCurrent`	$25.00K	USD	Annual
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-118.00K	USD	Annual
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$637.35K	USD	2 Qtrs
Franchise tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$68.00K	USD	2 Qtrs
Franchise tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$200.00K	USD	Annual
Net cash flows used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-34.64K	USD	2 Qtrs
Net cash flows used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.11M	USD	Annual
Cash deposited to Trust Account	`PaymentsToAcquireHeldToMaturitySecurities`	-	USD	Annual
Cash deposited to Trust Account	`PaymentsToAcquireHeldToMaturitySecurities`	$256.29M	USD	2 Qtrs
Net cash flows used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-256.29M	USD	2 Qtrs
Net cash flows used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	Annual
Proceeds from initial public offering, net of underwriters discount	`ProceedsFromIssuanceInitialPublicOffering`	-	USD	Annual
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 private placement	`ProceedsFromIssuanceOfPrivatePlacement`	-	USD	Annual
Proceeds from Note payable-related party	`ProceedsFromRelatedPartyDebt`	-	USD	Annual
Proceeds from Note payable-related party	`ProceedsFromRelatedPartyDebt`	$104.40K	USD	2 Qtrs
Repayment of Note payable-related party	`RepaymentsOfRelatedPartyDebt`	$104.40K	USD	2 Qtrs
Repayment of Note payable-related party	`RepaymentsOfRelatedPartyDebt`	-	USD	Annual
Proceeds from issuance of Class B common stock to Sponsor	`PrepaidExpensesPaidBySponsorInExchangeForIssuanceOfClassBCommonStock`	-	USD	Annual
Proceeds from issuance of Class B common stock to Sponsor	`PrepaidExpensesPaidBySponsorInExchangeForIssuanceOfClassBCommonStock`	$25.00K	USD	2 Qtrs
Payment of offering costs	`PaymentsOfStockIssuanceCosts`	$463.90K	USD	2 Qtrs
Payment of offering costs	`PaymentsOfStockIssuanceCosts`	-	USD	Annual
Net cash flows provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	-	USD	Annual
Net cash flows provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$257.85M	USD	2 Qtrs
NET CHANGE IN CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$1.53M	USD	2 Qtrs
NET CHANGE IN CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-1.11M	USD	Annual
CASH, BEGINNING OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.53M	USD	Point-in-time
CASH, BEGINNING OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$418.88K	USD	Point-in-time
CASH, END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.53M	USD	Point-in-time
CASH, END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$418.88K	USD	Point-in-time
Deferred underwriting commissions payable charged to additional paid-in capital	`DeferredOfferingCostsIncludedInAccruedOfferingCosts`	$8.96M	USD	2 Qtrs
Deferred underwriting commissions payable charged to additional paid-in capital	`DeferredOfferingCostsIncludedInAccruedOfferingCosts`	-	USD	Annual

Stockholders Equity 15 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$-7.51M	USD	Point-in-time
Balance	`StockholdersEquity`	-	USD	Point-in-time
Balance	`StockholdersEquity`	$-8.77M	USD	Point-in-time
Issuance of common stock to initial stockholders (1)	`StockIssuedDuringPeriodValueNewIssues`	$25.00K	USD	2 Qtrs
Sale of private placement warrants	`StockIssuedDuringPeriodValueOther`	$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	`TemporaryEquityAccretionToRedemptionValueAdjustment`	$2.71M	USD	Annual
Accretion for redeemable Class A common stock to redemption value	`TemporaryEquityAccretionToRedemptionValueAdjustment`	$-25.69M	USD	2 Qtrs
Remeasurement of common stock subject to redemption	`StockRedeemedOrCalledDuringPeriodValue`	$-2.71M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$1.45M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-118.73K	USD	2 Qtrs
Forfeiture of stock (1)	`StockIssuedDuringPeriodValueShareBasedCompensationForfeited`	-	USD	2 Qtrs
Balance	`StockholdersEquity`	$-7.51M	USD	Point-in-time
Balance	`StockholdersEquity`	-	USD	Point-in-time
Balance	`StockholdersEquity`	$-8.77M	USD	Point-in-time

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