Company: BCHT
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001477932-25-008185
Chunk: 5

Company: Birchtech Corp.
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 1
Chunk 5
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                      Stock issued for cashless exercise of options  32,112   32   (32 )  -   -                      Stock issued for exercise of warrants  25,000   25   17,475   -   17,500                      Stock issued for cashless exercise of warrants  66,666   67   (67 )  -   -                      Share based payments  -   -   133,631   -   133,631                      Net loss  -   -   -   (457,546 )  (457,546 )                     Balance – September 30, 2024  96,178,153  $96,178  $73,800,621  $(71,410,460 ) $2,486,339 

See accompanying notes to these condensed consolidated financial statements.

 6Table of Contents

BIRCHTECH CORP. AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(UNAUDITED)

  For the NineMonths EndedSeptember 30,2025  For the NineMonths EndedSeptember 30,2024        Cash flows from operating activities      Net loss $(2,433,124 ) $(9,459,335 )Adjustments to reconcile net loss to net cash (used in) operating activities:        Stock-based compensation  99,596   1,040,625 Amortization of discount of notes payable  -   241,444 Amortization of right to use assets  34,064   23,380 Amortization of patent rights  153,450   153,450 Depreciation expense  94,281   8,159 Non-cash interest income  (26,280 )  (44,214 )Loss on change in fair value of profit share  766,667   2,672,252 Changes in operating assets and liabilities        Accounts receivable  (1,781,278 )  617,815 Deferred offering costs  (207,500 )  - Income tax receivable  -   (144,465 )Inventory