Company: BCHT
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001477932-25-002237
Chunk: 1165

Company: Birchtech Corp.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 6
Chunk 1165
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used in) provided by operating activities  (4,105,167 )  19,226,037          Cash flows used in investing activities        Purchase of property and equipment  (809,432 )  - Net cash used in investing activities  (809,432 )  -          Cash flows from financing activities        Proceeds from exercise of stock options  17,500   209,500 Repayment of secured notes payable  (271,686 )  - Repayment of unsecured notes payable  (12,314,895 )    Net cash (used in) provided by financing activities   (12,569,081 )  209,500          Net (decrease) increase in cash and cash equivalents  (17,483,680 )  19,435,537          Cash and cash equivalents - beginning of period  20,939,762   1,504,225          Cash and cash equivalents - end of period $3,456,082  $20,939,762          SUPPLEMENTAL CASH FLOW INFORMATION:        Cash paid during the period for:        Interest $4,023  $19,721 Income taxes $143,269  $-          SUPPLEMENTAL DISCLOSURE OF NON-CASH TRANSACTIONS        Capital from related party debt extinguishments $10,827,195  $- Recognition of ROU asset and operating lease liability $326,285  $- 

See accompanying notes to these consolidated financial statements. 

 F-6Table of Contents

BIRCHTECH CORP. AND SUBSIDIARIES

(formerly Midwest Energy Emissions Corp.) 

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

December 31, 2024

Note 1 - Organization Birchtech Corp. and MES, Inc. Birchtech Corp., formerly Midwest Energy Emissions Corp. (together with its consolidated subsidiaries, the “Company”), is organized under the laws of the State of Delaware. Effective on October 17, 2024, Midwest Energy Emissions Corp. changed its corporate name to Birchtech, Inc. pursuant to a certificate of amendment to its certificate of incorporation filed with the State of Delaware.  MES, Inc. is incorporated