<span item_type="fundamental" item_id="868c825c1623d6894d407eeb726c9113" counter_id="ST/US/ATEK" env="prod"></span><span item_type="announcement" item_id="518276841316353665" env="prod"></span><p>EPS: As of FY2025 Q1, the actual value is USD -0.08.</p><p></p><h3>Segment Revenue</h3><p>Athena Technology Acquisition Corp. II does not have significant operations and has not generated any operating revenues as of March 31, 2025. The company generates non-operating income in the form of interest income earned on investments from the proceeds derived from the IPO.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1882198/000121390025045958/ea0242688-10q_athena2.htm"></span></p><h3>Operational Metrics</h3><ul><li><strong>Net Loss</strong>: For the three months ended March 31, 2025, the company reported a net loss of - $768,658, compared to a net loss of - $601,527 for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1882198/000121390025045958/ea0242688-10q_athena2.htm"></span></li><li><strong>Operating Expenses</strong>: Total operating expenses for the three months ended March 31, 2025 were $730,920, compared to $801,272 for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1882198/000121390025045958/ea0242688-10q_athena2.htm"></span></li><li><strong>Interest Income</strong>: Interest income on investments held in the Trust Account was $38,515 for the three months ended March 31, 2025, compared to $318,866 for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1882198/000121390025045958/ea0242688-10q_athena2.htm"></span></li></ul><h3>Cash Flow</h3><ul><li><strong>Operating Cash Flow</strong>: Net cash used in operating activities was - $136,561 for the three months ended March 31, 2025, compared to - $238,842 for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1882198/000121390025045958/ea0242688-10q_athena2.htm"></span></li><li><strong>Investing Cash Flow</strong>: Net cash used in investing activities was - $18,610 for the three months ended March 31, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1882198/000121390025045958/ea0242688-10q_athena2.htm"></span></li><li><strong>Financing Cash Flow</strong>: Net cash provided by financing activities was $500,000 for the three months ended March 31, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1882198/000121390025045958/ea0242688-10q_athena2.htm"></span></li></ul><h3>Unique Metrics</h3><ul><li><strong>Investments Held in Trust Account</strong>: As of March 31, 2025, the company had $3,723,564 in investments held in the Trust Account.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1882198/000121390025045958/ea0242688-10q_athena2.htm"></span></li></ul><h3>Future Outlook and Strategy</h3><ul><li><strong>Core Business Focus</strong>: The company intends to complete its initial Business Combination before the mandatory liquidation date of September 14, 2025, although there is substantial doubt about its ability to continue as a going concern.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1882198/000121390025045958/ea0242688-10q_athena2.htm"></span></li><li><strong>Non-Core Business</strong>: The company has entered into a Business Combination Agreement with Ace Green Recycling, which includes the issuance of up to 10,500,000 shares of common stock to Ace Green Recycling’s shareholders and up to 1,500,000 shares to the Sponsor based on trading prices during the five-year period following the closing of the merger.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1882198/000121390025045958/ea0242688-10q_athena2.htm"></span></li></ul><h3>Priority</h3><p>The company is focused on completing the Business Combination with Ace Green Recycling, which is contingent upon certain conditions precedent in the Business Combination Agreement.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1882198/000121390025045958/ea0242688-10q_athena2.htm"></span></p>

Athena Tech Acquisition II | 10-Q: FY2025 Q1 EPS: USD -0.08