Company: BCHT
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001477932-25-003808
Chunk: 96

Company: Birchtech Corp.
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 8
Chunk 96
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 amortization. The amendments in this ASU are effective for annual periods beginning after December 15, 2026, and interim periods beginning after December 15, 2027. Companies have the option to apply the guidance either on a retrospective or prospective basis, and early adoption is permitted. The Company is currently evaluating the impact of the ASU on its consolidated financial statements and related disclosures. In January 2025, the FASB issued ASU No. 2025-01, Income Statement – Reporting Comprehensive Income – Expense Disaggregation Disclosures (Subtopic 220-40): Clarifying the Effective Date. This ASU amends the effective date of ASU No. 2024-03 to clarify that all public business entities are required to adopt the guidance in annual reporting periods beginning after December 15, 2026, and interim periods within annual reporting periods beginning after December 15, 2027. Early adoption of ASU No. 2024-03 is permitted.

Note 4 - Inventory Inventory was comprised of the following at March 31, 2025 and December 31, 2024:    March 31,  December 31,   2025  2024 Raw Materials $155,588  $169,527 Finished Goods  436,582   452,286   $592,170  $621,813 

Note 5 - Property and Equipment, Net Property and equipment at March 31, 2025 and December 31, 2024 are as follows:    March 31,  December 31,   2025  2024        Equipment & installation $1,096,979  $1,096,979 Leasehold improvements  117,512   117,512 Trucking equipment  911,377   911,377 Lab equipment  739,779   725,626 Office equipment, computer equipment and software  1,874   1,874 Total equipment   2,867,521   2,853,368          Less: accumulated depreciation  (2,057,978 )  (2,047,680 )Construction in process  1,545,000   1,545,000 Property and equipment, net $2,354,543  $2,350,688