Company: BCHT
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001477932-25-008185
Chunk: 1

Company: Birchtech Corp.
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 1
Chunk 1
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000,000 shares authorized 96,866,109 and 96,178,153 shares issued and outstanding as of September 30, 2025 and December 31, 2024 respectively.  96,866   96,178 Additional paid-in capital  73,947,827   73,848,919 Accumulated deficit  (75,186,360 )  (72,753,236 )         Total stockholders’ (deficit) equity   (1,141,667 )  1,191,861          Total liabilities and stockholders’ (deficit) equity  $10,138,422  $10,261,220 

See accompanying notes to these condensed consolidated financial statements.

 4Table of Contents

BIRCHTECH CORP. AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(UNAUDITED)

  For the ThreeMonths EndedSeptember 30,2025  For the ThreeMonths EndedSeptember 30,2024  For the NineMonths EndedSeptember 30,2025  For the NineMonths EndedSeptember 30,2024              Product revenue $4,715,874  $5,092,123  $10,637,304  $11,479,147 License revenue  2,600,000   133,125   3,125,000   273,750 Other revenue  46,015   11,742   74,507   87,292 Revenues  7,361,889   5,236,990   13,836,811   11,840,189                  Cost of sales  (3,329,638 )  (3,642,071 )  (7,602,136 )  (8,056,386 )                 Gross profit  4,032,251   1,594,919   6,234,675   3,783,803                  Operating expenses:                Research and development expenses  (473,303 )  -   (1,335,464 )  - Selling, general and administrative expenses (related party of $112,500, $269,467, $337,500 and $635