Company: BCHT
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001477932-25-002237
Chunk: 1380

Company: Birchtech Corp.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 7A
Chunk 1380
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 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 Emissions Corp. (together with its consolidated subsidiaries, the “Company”), is organized under the laws of the State of Delaware. Effective on October 17, 2024, Midwest Energy Emissions Corp. changed its corporate name to Birchtech, Inc. pursuant to a certificate of amendment to its certificate of incorporation filed with the State of Delaware.  MES, Inc. is incorporated in the State of North Dakota. MES, Inc. is a wholly owned subsidiary of Birchtech Corp.  The Company is a provider of specialty activated carbon technologies and provides patented sorbent technologies for mercury emissions capture for the coal-fired utility sector and is developing water purification technologies with a specialization on forever chemicals such as PFAS and PFOS. ME2C Sponsor LLC and ME2C Acquisition Corp. ME2C Sponsor LLC is a limited liability company formed in the State of Delaware and is a wholly owned subsidiary of Birchtech Corp. and owns 85% of ME2C Acquisition Corp. A decision was made in January 2023 to liquidate these entities which are inactive. 

Note 2 – Restatement of Previously Issued Financial Statements  Description of Restatement Adjustments In connection with the preparation