Birchtech Corp.
For the period ended Dec 31, 2024. Filed Mar 31, 2025.
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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 exhibitsContents
Consolidated Statements of Operations
| For the Year Ended December 31, 2024 | For the Year Ended December 31, 2023(as restated) | |
|---|---|---|
| Product revenue | $14,481,784 | $17,092,996 |
| License revenue | 2,808,125 | 387,500 |
| Other revenue | 116,276 | 144,874 |
| Revenues | $17,406,185 | $17,625,370 |
| Cost of sales | (10,305,076) | (12,172,374) |
| Gross profit | 7,101,109 | 5,452,996 |
| 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 income | 293,524 | 79,301 |
| 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: | ||
| Basic | 95,290,548 | 94,171,695 |
| Diluted | 95,290,548 | 97,452,397 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.