Company: BCHT
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001477932-25-005905
Chunk: 18

Company: Birchtech Corp.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 18
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Non-cash interest income  (19,703 )  (31,524 )Loss on change in fair value of profit share  729,048   2,954,634 Changes in operating assets and liabilities        Accounts receivable  (317,528 )  763,774 Inventory  (209,086 )  (169,818 )Prepaid expenses and other assets  71,900   46,162 Accrued salaries  2,606   562,752 Accounts payable and accrued liabilities  742,694   501,183 Operating lease liability  (20,626 )  (16,589 )Net cash used in operating activities  (1,985,747 )  (3,122,619 )         Cash flows used in investing activities        Purchase of property and equipment  (16,266 )  (66,274 )Net cash used in investing activities  (16,266 )  (66,274 )         Cash flows used in financing activities        Repayment of secured notes payable  -   (271,686 )Repayment of unsecured notes payable  -   (9,040,000 )Net cash used in financing activities   -   (9,311,686 )         Net decrease in cash and cash equivalents  (2,002,013 )  (12,500,579 )         Cash and cash equivalents - beginning of period  3,456,082   20,939,762          Cash and cash equivalents - end of period $1,454,069  $8,439,183          SUPPLEMENTAL CASH FLOW INFORMATION:        Cash paid during the period for:        Interest $-  $3,939 Income taxes $14,135  $200,000          SUPPLEMENTAL DISCLOSURE OF NON-CASH TRANSACTIONS        Capital from related party debt extinguishments $-  $10,827,195 Recognition of ROU asset and operating lease liability $-   161,728 

See accompanying notes to these condensed consolidated financial statements. 

 7Table of Content

BIRCHTECH CORP. AND SUBSIDIARIES

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS