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Birchtech Corp.

For the period ended Dec 31, 2024. Filed Mar 31, 2025.

View on SEC.gov

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

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 exhibits

Consolidated Statements of Operations

For the Year Ended December 31, 2024For the Year Ended December 31, 2023(as restated)
Product revenue$14,481,784$17,092,996
License revenue2,808,125387,500
Other revenue116,276144,874
Revenues$17,406,185$17,625,370
Cost of sales(10,305,076)(12,172,374)
Gross profit7,101,1095,452,996
Operating expenses:
Impairment loss(43,000)(219,707)
Selling, general and administrative expenses (related party of $1,116,064 and $554,410)(14,216,377)(14,206,761)
Total operating expenses(14,259,377)(14,426,468)
Operating loss(7,158,268)(8,973,472)
Other income (expense)
Income from legal claims-27,607,776
Interest expense (related party of $245,724 and $1,360,623)(267,458)(1,362,401)
Loss on change in fair value of profit share and unsecured note(3,959,065)(11,209,677)
Interest income293,52479,301
Total other (expense) income(3,932,999)15,114,999
(Loss) income before provision for income taxes(11,091,267)6,141,527
Income tax benefit (expense)289,156(473,213)
Net (loss) income$(10,802,111)$5,668,314
Basic & Diluted (loss) income per share:
Basic net (loss) income per share$(0.11)$0.06
Diluted net (loss) income per share$(0.11)$0.06
Weighted average common shares outstanding:
Basic95,290,54894,171,695
Diluted95,290,54897,452,397
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.