Company: BCHT
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001477932-25-002237
Chunk: 470

Company: Birchtech Corp.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1B
Chunk 470
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ARCH 31, 2024   As previously reported  Adjustment   As restated Cash flows from operating activities         Net income (loss) $(2,558,991 ) $(295,884 ) $(2,854,875 )             Adjustments to reconcile net loss to net cash             Non-cash interest income  -   (19,116 )  (19,116 )Changes in operating assets and liabilities            Accounts receivable  565,355   315,000   880,355 Net cash provided by operating activities $(439,220 ) $-  $(439,220 )

 F-38Table of Contents

The following table presents the impact of the financial statement adjustments on the Company’s previous reported consolidated Balance Sheet as of June 30, 2024: CONSOLIDATED BALANCE SHEETS           JUNE 30, 2024   As previously reported  Adjustment  As restated ASSETS AND STOCKHOLDERS’ EQUITY (DEFICIT)           Accounts receivable $1,784,437  $559,775  $2,344,212 Total current assets  11,327,736   559,775   11,887,511 Total assets  14,749,740   559,775   15,309,515              Stockholders’ equity (deficit)            Accumulated deficit  (71,512,689 )  559,775   (70,952,914 )             Total stockholders’ equity (deficit)  2,232,979   559,775   2,792,754              Total liabilities and stockholders’ equity (deficit) $14,749,740  $559,775  $15,309,515   The following table presents the impact of the financial statement adjustments on the Company’s previously reported Consolidated Statement of Operations for the three and six months ended June 30, 2024: CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS   FOR THE THREE MONTHSENDED JUNE 30, 2024  FOR THE SIX MONTHSENDED JUNE 30, 2024   As previously reported  Adjustment   As restated