Company: BCHT
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001477932-25-005905
Chunk: 13

Company: Birchtech Corp.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 13
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BIRCHTECH CORP. AND SUBSIDIARIES

CONDENSED CONSOLIDATED BALANCE SHEETS 

  June 30, 2025(Unaudited)  December 31,2024        ASSETSCurrent assets      Cash $1,454,069  $3,456,082 Accounts receivable  2,160,462   1,823,232 Inventory  830,899   621,813 Prepaid expenses and other assets  126,285   198,185 Total current assets  4,571,715   6,099,312          Security deposits  6,615   6,615 Property and equipment, net  2,315,493   2,350,688 Right of use asset - operating lease  282,775   305,142 Intellectual property, net  1,397,163   1,499,463 Total assets $8,573,761  $10,261,220          LIABILITIES AND STOCKHOLDERS’ (DEFICIT) EQUITY         Current liabilities        Accounts payable and accrued expenses (related party $37,500 and $37,500 at June 30, 2025 and December 31, 2024, respectively) $2,445,692  $1,702,998 Current portion of operating lease liability  46,614   42,733 Customer credits  167,000   167,000 Accrued salaries  41,886   39,280 Profit share liability – related party  7,582,906   6,853,858 Total current liabilities  10,284,098   8,805,869          Operating lease liability, net of current portion  238,983   263,490 Total liabilities  10,523,081   9,069,359          Commitments and contingencies (Note 9)                 Stockholders’ (deficit) equity         Preferred stock, $0.001 par value: 2,000,000 shares authorized, no shares issued  -   - Common stock, $0.001 par value; 150,000,000 shares authorized 96,866,109 and