Company: BCHT
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001477932-25-003808
Chunk: 117

Company: Birchtech Corp.
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 8
Chunk 117
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91,709 )Shipping  (205,688 )  (228,514 )Other cost of goods sold  (164,610 )  (160,706 )Compensation and benefits  (1,067,156 )  (1,238,025 )Stock-based compensation  (60,527 )  (770,216 )Amortization and depreciation  (72,465 )  (62,324 )Consulting fees  (260,458 )  (197,730 )Professional fees  (895,715 )  (1,031,736 )General and administrative  (322,810 )  (326,941 )Change in fair value of profit share  (353,351 )  (265,198 )Interest expense  (54 )  (245,817 )Income tax benefit (expense)  (14,135 )  - Interest income  31,273   54,632 Segment net loss   (1,679,220 )  (2,854,875 )Reconciliation of profit or loss          Adjustments and reconciling items    -   -          Consolidated net loss $(1,679,220 ) $(2,854,875 ) The segment assets are not reviewed by the CODM at a different asset level or category and is reviewed at the consolidated level.

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Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations.

The following discussion should be read in conjunction with the unaudited condensed consolidated financial statements and the related notes that appear elsewhere within this report. Certain statements we make under this Item 2 constitute “forward-looking statements” under the U.S. Private Securities Litigation Reform Act of 1995 or applicable Canadian securities laws. See “Forward-Looking Statements” in “Part I” preceding “Item 1 – Financial Statements.” You should consider our forward-looking statements in light of the risks discussed under the heading “Risk Factors” in Item 1A of Part I of our Annual Report on Form 10-K for the year ended December 31, 2024, as well as our unaudited condensed consolidated financial statements, related notes and other financial information appearing elsewhere in this report and our other filings with the Securities and Exchange Commission or Canadian securities regulators.

Unless indicated otherwise, references in this discussion