Company: BCHT
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001477932-25-002237
Chunk: 1473

Company: Birchtech Corp.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 8
Chunk 1473
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1,595,958 Right of use asset - operating lease  305,142   10,639 Intellectual property, net  1,499,463   1,704,063 Total assets $10,261,220  $28,310,844          LIABILITIES AND STOCKHOLDERS’ DEFICIT                 Current liabilities        Accounts payable and accrued expenses (related party $37,500 and $107,454 at December 31, 2024 and December 31, 2023, respectively) $1,702,998  $1,558,450 Income tax payable  -   437,821 Current portion of operating lease liability  42,733   11,157 Customer credits  167,000   167,000 Accrued salaries  39,280   8,936 Profit share liability – related party  6,853,858   - Total current liabilities  8,805,869   2,183,364          Operating lease liability, net of current portion  263,490   - Secured note payable, net of discount – related party  -   239,466 Unsecured note payable, net of discount and issuance costs – related party  -   10,979,723 Profit share liability – related party  -   14,847,937 Total liabilities  9,069,359   28,250,490          Commitments and contingencies (Note 10)                 Stockholders’ equity (deficit)        Preferred stock, $0.001 par value: 2,000,000 shares authorized, no shares issued  -   - Common stock, $0.001 par value; 150,000,000 shares authorized 96,178,153 and 94,360,107 shares issued and outstanding as of December 31, 2024 and December 31, 2023 respectively.  96,178   94,360 Additional paid-in capital  73,848,919   61,917,119 Accumulated deficit  (72,753,236 )  (61,951,125 )         Total stockholders’ equity (deficit)  1,191,861   60,354          Total