Company: BCHT
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001477932-25-003808
Chunk: 3

Company: Birchtech Corp.
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 1
Chunk 3
---
2025  96,178,153  $96,178  $73,848,919  $(72,753,236) $1,191,861                      Stock issued for delivery of RSUs  50,000   50   (50)  -   -                      Share based payments  -   -   60,527   -   60,527                      Net loss  -   -   -   (1,679,220)  (1,679,220)                     Balance - March 31, 2025  96,228,153  $96,228  $73,909,396  $(74,432,456) $(426,832)

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 Three Months Ended March 31, 2025  For the Three Months Ended March 31, 2024        Cash flows from operating activities      Net loss $(1,679,220 ) $(2,854,875 )Adjustments to reconcile net loss to net cash (used in) operating activities:        Stock-based compensation  60,527   770,216 Amortization of discount of notes payable  -   241,444 Amortization of right to use assets  11,017   10,639 Amortization of patent rights  51,150   51,150 Depreciation expense  10,298   535 Non-cash interest income  (13,271 )  (19,116 )Loss on change in fair value of profit share  353,351   265,198 Changes in operating assets and liabilities        Accounts receivable  558,223   880,355 Inventory  29,643   97,443 Prepaid expenses and other assets  58,073   69,528 Accrued salaries  12,388   23,580 Accounts payable and accrued liabilities  303,632   35,840 Operating lease liability  (