The document discusses how ATP is the energy currency of cells, storing energy in its bonds. ATP acts like a rechargeable battery, where ATP is fully charged and ADP is partially charged. It also describes how NAD+ and FAD act as electron carriers or coenzymes in cellular respiration, being constantly reduced to gain electrons and oxidized to lose electrons. When reduced, NAD+ and FAD become high energy NADH and FADH2, and when oxidized they revert back to NAD+ and FAD.