Company: BCHT
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001477932-25-002237
Chunk: 330

Company: Birchtech Corp.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1A
Chunk 330
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Basis of Presentation and Summary of Significant Accounting Policies”. The primary measure of segment profit or loss is consolidated net income as presented below and is used the by CEO for the purpose of evaluating segment performance and allocation of budget to support business expansion, new product development and operational efficiencies.  F-30Table of Contents    2024  2023        Material sales $14,481,784  $17,092,996 License fees  2,808,125   387,500 Other revenues  116,276   144,874 Total revenues  17,406,185   17,625,370          Material costs  (7,686,447 )  (8,898,747 )Blending and milling  (377,598 )  (769,167 )Shipping  (1,081,781 )  (1,380,051 )Other cost of goods sold  (700,279 )  (652,688 )Compensation and benefits  (6,148,100 )  (2,577,473 )Stock-based compensation  (1,088,922 )  (573,783 )Amortization and depreciation  (248,084 )  (228,962 )Consulting fees  (879,800 )  (109,381 )Professional fees  (4,722,313 )  (9,717,572 )General and administrative  (1,588,129 )  (1,471,311 )Change in fair value of profit share  (3,959,065 )  (11,209,677 )Interest expense  (267,458 )  (1,362,401 )Impairment loss  (43,000 )  (219,707 )Income tax benefit (expense)  289,156   (473,213 )Income from legal claims  -   27,607,776 Interest income  293,524    79,301 Segment net (loss) income   (10,802,111 )  5,668,314 Reconciliation of profit or loss          Adjustments and reconciling items    -   -          Consolidated net (loss) income $(10,802,111 ) $5,668,