Company: BCHT
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001477932-25-005905
Chunk: 51

Company: Birchtech Corp.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 51
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(21,645)  (14,181)  (35,780)  (14,181)Research and development  (90,637)  -   (90,637)  - Interest income  19,537   122,195   50,810   176,827 Segment net loss   (1,541,916)  (6,146,914)  (3,221,136)  (9,001,789)Reconciliation of profit or loss                  Adjustments and reconciling items    -   -   -   -                  Consolidated net loss $(1,541,916) $(6,146,914) $(3,221,136) $(9,001,789) The segment assets are not reviewed by the CODM at a different asset level or category and is reviewed at the consolidated level.

Note 13 - Subsequent Events Effective as of August 5, 2025, the Company entered into separate agreements with two utilities, which are affiliated with each other, and named as defendants in the Southern District of Iowa action (see “Note 9 – Commitments and Contingencies”).  Such agreements provide such parties and their affiliates with a non-exclusive license to certain Company patents related to the Company’s two-part Sorbent Enhancement Additive (SEA®) process for use in connection with certain designated coal-fired power plants operated by them. Each agreement includes a one-time license fee which is to be paid within 30 days of signing of the agreement.  Such agreements provide the Company with the right to be included in each utility’s bidding process for certain product supply for mercury emissions capture at such party’s operated power plants. Such lawsuit will continue against the other non-affiliated defendants named in the Southern District of Iowa action.

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Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations.

The following discussion should be read in conjunction with the unaudited condensed consolidated financial statements and the related notes that appear elsewhere within this report. Certain statements we make under this Item 2 constitute “forward-looking statements” under the U.S. Private Securities Litigation Reform Act of 1995 or applicable Canadian securities laws. See “Forward-Looking Statements” in “Part I” preceding “Item 1 – Financial Statements.” You should consider our