$AEAE

AltEnergy Acquisition Corp

CIK:0001852016|SEC Filings

Condensed Statements of Operations - USD ($)	3 Months Ended		6 Months Ended
Condensed Statements of Operations - USD ($)	Jun. 30, 2026	Jun. 30, 2025	Jun. 30, 2026	Jun. 30, 2025
EXPENSES
Administrative Fee – related party	$ 45,000	$ 45,000	$ 90,000	$ 90,000
Consulting fees – related party (see Note 5)	0	46,800	(187,200)	93,600
Business combination expenses	25,640	109,563	65,666	507,199
General and administrative	563,120	310,884	952,630	630,301
TOTAL EXPENSES	633,760	512,247	921,096	1,321,100
OTHER INCOME (EXPENSE)
Income earned on investments held in Trust Account	54,960	71,486	109,449	160,964
Income earned on cash and investment accounts	878	1,019	1,738	2,051
Change in fair value of warrant liabilities	(1,004,250)	(134,550)	(1,950,000)	(483,600)
Interest expense	(102,434)	(60,175)	(197,763)	(136,274)
TOTAL OTHER INCOME (EXPENSE), NET	(1,050,846)	(122,220)	(2,036,576)	(456,859)
Net income loss before income tax provision	(1,684,606)	(634,467)	(2,957,672)	(1,777,959)
Income tax provision	(50)	(58)	(708)	(58)
Net loss	(1,684,656)	(634,525)	(2,958,380)	(1,778,017)
Common Class A [Member]
OTHER INCOME (EXPENSE)
Net loss	$ (1,617,423)	$ (609,454)	$ (2,840,333)	$ (1,708,641)
Weighted Average Number of Shares Outstanding, Basic	6,014,285	6,077,172	6,015,236	6,157,214
Weighted Average Number of Shares Outstanding, Diluted	6,014,285	6,077,172	6,015,236	6,157,214
Earnings Per Share, Basic	$ (0.27)	$ (0.1)	$ (0.47)	$ (0.28)
Earnings Per Share, Diluted	$ (0.27)	$ (0.1)	$ (0.47)	$ (0.28)
Common Class B [Member]
OTHER INCOME (EXPENSE)
Net loss	$ (67,233)	$ (25,071)	$ (118,047)	$ (69,376)
Weighted Average Number of Shares Outstanding, Basic	250,000	250,000	250,000	250,000
Weighted Average Number of Shares Outstanding, Diluted	250,000	250,000	250,000	250,000
Earnings Per Share, Basic	$ (0.27)	$ (0.1)	$ (0.47)	$ (0.28)
Earnings Per Share, Diluted	$ (0.27)	$ (0.1)	$ (0.47)	$ (0.28)

Condensed Statements of Cash Flows - USD ($)	3 Months Ended				6 Months Ended		12 Months Ended
Condensed Statements of Cash Flows - USD ($)	Jun. 30, 2026	Mar. 31, 2026	Jun. 30, 2025	Mar. 31, 2025	Jun. 30, 2026	Jun. 30, 2025	Dec. 31, 2025
Cash Flows From Operating Activities:
Net loss	$ (1,684,656)	$ (1,273,724)	$ (634,525)	$ (1,143,492)	$ (2,958,380)	$ (1,778,017)
Adjustments to reconcile net income (loss) to net cash used in operating activities:
Investment income earned on investments held in the Trust Account					(109,449)	(160,964)
Gain (loss) on change in fair value of derivative liabilities					1,950,000	483,600
Interest income earned on investment account					(1,197)	(2,040)
Changes in operating assets and liabilities:
Prepaid expenses					6,283	39,859
Income tax receivable					(6,689)	(10,000)
Other deferred expenses					281,146	316,485
Consulting fees payable – related party					(187,200)	93,600
Accounts payable and accrued expenses					439,043	404,727
Net Cash Used In Operating Activities					(586,443)	(612,750)
Cash Flows From Investing Activities:
Cash withdrawn from Trust for Taxes					27,948	10,057
Cash withdrawn from Investment Account into Trust for Redemptions					0	3,431
Cas withdrawn from Trust into Restricted Investment Account					0	(3,431)
Cash withdrawn from Investment Account for Account Fees					0	553
Cash withdrawn from Trust to Pay Redeeming Stockholders					32,971	2,603,925
Net Cash Provided by Investing Activities					60,919	2,614,535
Cash Flows From Financing Activities:
Redemption of Class A common stock					(32,971)	(2,603,925)
Proceeds from loan payable - Sponsor					375,000	455,000
Proceeds from related party advances					172,283	145,507
Net Cash Provided by (Used In) Financing Activities					514,312	(2,003,418)
Net change in cash					(11,212)	(1,633)
Cash at beginning of period		$ 18,708		$ 18,458	18,708	18,458	$ 18,458
Cash at end of period	$ 7,496		$ 16,825		7,496	16,825	$ 18,708
Supplemental Schedule of Cash Flow Information:
Cash paid for income taxes					27,948	10,057
Supplemental Schedule of Non-cash Financing Activities:
Remeasurement of Class A common stock subject to possible redemption to redemption amount					82,698	141,294
Excise tax liability accrued for common stock redemptions					$ 0	$ 26,040

Condensed Balance Sheets - USD ($)	Jun. 30, 2026	Dec. 31, 2025
Current Assets:
Cash	$ 7,496	$ 18,708
Prepaid expenses - Short-Term	50,847	57,130
Income tax receivable	27,675	20,986
Other investments held for trading (Restricted)	102,222	101,025
Total Current Assets	188,240	197,849
Investments held in the Trust Account	6,245,404	6,196,874
Total Assets	6,433,644	6,394,723
Current Liabilities:
Accounts payable and accrued expenses	1,054,139	615,096
Accrued Tax Payable - Excise Tax	2,346,016	2,346,016
Other accrued expenses - deferred	2,555,632	2,274,486
Loan payable - Sponsor	4,175,000	3,800,000
Total Current Liabilities	11,474,812	10,394,540
Derivative warrant liabilities	2,340,000	390,000
Deferred underwriting commission	8,050,000	8,050,000
Total Liabilities	21,864,812	18,834,540
COMMITMENTS AND CONTINGENCIES (Note 6)
Class A common stock subject to possible redemption; 513,478 and 516,197 shares at June 30, 2026 and December 31, 2025, respectively – approximately $12.36 and $12.20 per share, respectively	6,347,626	6,297,899
Stockholders' deficit:
Additional paid-in capital	0	0
Accumulated deficit	(21,779,369)	(18,738,291)
Total Stockholders' Deficit	(21,778,794)	(18,737,716)
Total Liabilities, Common Stock Subject to Possible Redemption and Stockholders' Deficit	6,433,644	6,394,723
Related Party [Member]
Current Liabilities:
Due to related party	1,344,025	1,358,942
Class A common stock [Member]
Stockholders' deficit:
Common stock value	550	550
Class B common stock [Member]
Stockholders' deficit:
Common stock value	$ 25	$ 25