Company: BCHT
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001477932-25-002237
Chunk: 1049

Company: Birchtech Corp.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 5
Chunk 1049
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  88,772 Accrued salaries  30,344   (58,542 )Accounts payable and accrued liabilities  144,547   (1,388,385 )Income tax payable  (437,821 )  437,821 Operating lease liability  (31,219 )  (43,394 )Net cash (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 E