Company: BCHT
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001477932-25-008185
Chunk: 94

Company: Birchtech Corp.
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 8
Chunk 94
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Finished Goods  387,132   452,286   $498,168  $621,813 

 15Table of Contents

Note 5 - Property and Equipment, Net Property and equipment at September 30, 2025 and December 31, 2024 are as follows:    September 30,  December 31,   2025  2024        Equipment & installation $1,096,979  $1,096,979 Leasehold improvements  117,512   117,512 Trucking equipment  911,377   911,377 Lab equipment  747,469   725,626 Office equipment, computer equipment and software  3,426   1,874 Total equipment   2,876,763   2,853,368          Less: accumulated depreciation  (2,141,961 )  (2,047,680 )Construction in process  1,545,000   1,545,000 Property and equipment, net $2,279,802  $2,350,688  The Company uses the straight-line method of depreciation over estimated useful lives of 2 to 5 years. During the three months ended September 30, 2025 and 2024, depreciation expense was $42,819 and $6,581, respectively.  During the nine months ended September 30, 2025 and 2024, depreciation expense was $94,281 and $8,159, respectively. 

Note 6 - Intellectual Property License and patent costs capitalized as of September 30, 2025 and December 31, 2024 are as follows:    September 30,  December 31,   2025  2024 Licenses and patents $3,068,995  $3,068,995 Less: Accumulated amortization  (1,722,982 )  (1,569,532 )Intellectual property, net $1,346,013  $1,499,463  Amortization expense for the three months ended September 30, 2025 and 2024 was $51,150 and $51,150, respectively. Amortization expense for the nine months ended September 30, 2025 and 2024 was $153