Company: BCHT
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001477932-25-002237
Chunk: 558

Company: Birchtech Corp.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1C
Chunk 558
---
 and amount of deductions, the nexus of income among various tax jurisdictions, and compliance with federal, state, and city tax laws. Management does not expect that the total amount of unrecognized tax benefits will materially change over the next twelve months. Basic and Diluted Income (Loss) Per Common Share Income (loss) per share – basic is calculated by dividing net income (loss) by the weighted average number of shares of stock outstanding during the year, including shares issuable without additional consideration. Income per share – assuming dilution is calculated by dividing net income by the weighted average number of shares outstanding during the year adjusted for the effect of dilutive potential shares from options and warrants calculated using the treasury stock method and the if-converted method for preferred stock. There were no dilutive potential common shares for year ended December 31, 2024, because the Company incurred a net loss and basic and diluted losses per common share are the same. There are 3,280,702 dilutive stock options and no dilutive warrants for the year ended December 31, 2023 as the Company reported net income for the period.  We calculate basic earnings per share by dividing net income by the weighted-average number of common shares outstanding during the reporting period. Diluted earnings per share reflects the effects of potentially dilutive securities. The summary of the basic and diluted earnings per share calculations for the years ended December 31, 2024 and 2023:    2024  2023 Basic:      Net Income (Loss) $(10,802,111 ) $5,668,314 Weighted-average shares outstanding  95,290,548   94,171,695 Basic  $(0.11 ) $0.06    2024  2023 Diluted:      Net Income (Loss) $(10,802,111 ) $5,668,314 Weighted-average shares outstanding  95,290,548   94,171,695 Effect of diluted securities – stock options   -   3,280,702 Weighted-average shares used in the calculation of diluted earnings per share  95,290,548   97,452,397 Diluted earnings (loss) per share $(0.11 ) $0.06 

 F-14Table of Contents

Total common stock equivalents excluded from dilutive loss per share are as follows