Company: BCHT
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001477932-25-003808
Chunk: 4

Company: Birchtech Corp.
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 1
Chunk 4
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10,146 )  (11,157 )Net cash used in operating activities  (254,335 )  (439,220 )         Cash flows used in investing activities        Purchase of property and equipment  (14,153 )  - Net cash used in investing activities  (14,153 )  -          Cash flows used in financing activities        Repayment of secured notes payable  -   (271,686 )Repayment of unsecured notes payable  -   (9,040,000 )Net cash used in financing activities   -   (9,311,686 )         Net decrease in cash and cash equivalents  (268,488 )  (9,750,906 )         Cash and cash equivalents - beginning of period  3,456,082   20,939,762          Cash and cash equivalents - end of period $3,187,594  $11,188,856          SUPPLEMENTAL CASH FLOW INFORMATION:        Cash paid during the period for:        Interest $-  $3,939 Income taxes $14,135  $-          SUPPLEMENTAL DISCLOSURE OF NON-CASH TRANSACTIONS        Capital from related party debt extinguishments $-  $10,827,195 Recognition of ROU asset and operating lease liability $-   161,728 

See accompanying notes to these condensed consolidated financial statements. 

 7Table of Contents

BIRCHTECH CORP. AND SUBSIDIARIES

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

March 31, 2025

Note 1 - Organization Birchtech Corp. and MES, Inc. Birchtech Corp., formerly Midwest Energy Emissions Corp. (together with its consolidated subsidiaries, the “Company”), is organized under the laws of the State of Delaware. Effective on October 17, 2024, Midwest Energy Emissions Corp. changed its corporate name to Birchtech, Inc. pursuant to a certificate of amendment to its certificate of incorporation filed with the State of Delaware.  MES, Inc. is incorporated in the State of North Dakota. MES, Inc. is a wholly owned subsidiary of Birchtech Corp.  The Company is a provider of specialty activated carbon technologies and provides patented