<span item_type="fundamental" item_id="868c825c1623d6894d407eeb726c9113" counter_id="ST/US/ATEKW" env="prod"></span><span item_type="announcement" item_id="518276841295384065" env="prod"></span><p>EPS: As of FY2025 Q1, the actual value is USD -0.08.</p><p></p><h3>Segment Revenue</h3><ul><li>The company has not commenced any operations and has not generated any operating revenues as of 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>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>Net Cash Used in Operating Activities</strong>: For the three months ended March 31, 2025, net cash used in operating activities was - $136,561.<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>Net Cash Used in Investing Activities</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>Net Cash Provided by Financing Activities</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>Excise Tax Payable</strong>: As of March 31, 2025, the company’s aggregate excise tax payable, including interest and penalties, amounted to $3,501,166.<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 no assurance that it will be able to do so.<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>

ATHENA TECHNOLOGY ACQ CORP II C/WTS (TO PUR COM) 17/10/2028 | 10-Q: FY2025 Q1 EPS: USD -0.08