Birchtech Corp.
For the period ended Dec 31, 2024. Filed Mar 31, 2025.
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FY2024 · Filed Mar 31, 2025
BCHT$1.14-0.9%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
| December 31, 2024 | December 31,2023(as restated) | |
|---|---|---|
| ASSETS | ||
| Current assets | ||
| Cash | $3,456,082 | $20,939,762 |
| Accounts receivable | 1,823,232 | 3,076,462 |
| Inventory | 621,813 | 795,164 |
| Prepaid expenses and other assets | 198,185 | 183,621 |
| Total current assets | 6,099,312 | 24,995,009 |
| Security deposits | 6,615 | 5,175 |
| Property and equipment, net | 2,350,688 | 1,595,958 |
| Right of use asset - operating lease | 305,142 | 10,639 |
| Intellectual property, net | 1,499,463 | 1,704,063 |
| Total assets | $10,261,220 | $28,310,844 |
| LIABILITIES AND STOCKHOLDERS’ DEFICIT | ||
| Current liabilities | ||
| Accounts payable and accrued expenses (related party $37,500 and $107,454 at December 31, 2024 and December 31, 2023, respectively) | $1,702,998 | $1,558,450 |
| Income tax payable | - | 437,821 |
| Current portion of operating lease liability | 42,733 | 11,157 |
| Customer credits | 167,000 | 167,000 |
| Accrued salaries | 39,280 | 8,936 |
| Profit share liability – related party | 6,853,858 | - |
| Total current liabilities | 8,805,869 | 2,183,364 |
| Operating lease liability, net of current portion | 263,490 | - |
| Secured note payable, net of discount – related party | - | 239,466 |
| Unsecured note payable, net of discount and issuance costs – related party | - | 10,979,723 |
| Profit share liability – related party | - | 14,847,937 |
| Total liabilities | 9,069,359 | 28,250,490 |
| Commitments and contingencies (Note 10) | ||
| Stockholders’ equity (deficit) | ||
| Preferred stock, $0.001 par value: 2,000,000 shares authorized, no shares issued | - | - |
| Common stock, $0.001 par value; 150,000,000 shares authorized 96,178,153 and 94,360,107 shares issued and outstanding as of December 31, 2024 and December 31, 2023 respectively. | 96,178 | 94,360 |
| Additional paid-in capital | 73,848,919 | 61,917,119 |
| Accumulated deficit | (72,753,236) | (61,951,125) |
| Total stockholders’ equity (deficit) | 1,191,861 | 60,354 |
| Total liabilities and stockholders’ equity (deficit) | $10,261,220 | $28,310,844 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.