Birchtech Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	1.77	3.46	20.94	1.5	1.39	0.59
Cash & Short-Term Investments	1.77	3.46	20.94	1.5	1.39	0.59
Cash Growth	-59.76%	-83.49%	1292.06%	8.35%	134.90%	-60.58%
Receivables	3.63	1.82	3.08	2.78	1.02	1.12
Inventory	0.5	0.62	0.8	0.99	1.08	0.56
Prepaid Expenses	0.13	0.2	0.18	0.27	0.31	0.1
Total Current Assets	6.03	6.1	25	5.54	3.79	2.36
Property, Plant & Equipment	2.55	2.66	1.61	1.88	2.22	2.68
Other Intangible Assets	1.35	1.5	1.7	1.91	2.11	2.32
Long-Term Deferred Charges	0.21	-	-	-	-	-
Other Long-Term Assets	0.01	0.01	0.01	0.01	0.01	0.01
Total Assets	10.14	10.26	28.31	9.34	8.13	7.38
Accounts Payable	3.14	1.67	1.45	2.92	2.06	1.44
Accrued Expenses	0.06	0.08	0.07	0.09	0.77	1.28
Short-Term Debt	-	-	-	-	-	0.03
Current Portion of Long-Term Debt	-	-	-	-	12.15	0.03
Current Portion of Leases	0.05	0.04	0.01	0.04	0.34	0.41
Current Income Taxes Payable	-	-	0.44	-	-	-
Current Unearned Revenue	0.17	0.17	0.17	0.17	0.17	0.17
Other Current Liabilities	7.63	6.85	0.05	-	-	-
Total Current Liabilities	11.05	8.81	2.18	3.22	15.48	3.36
Long-Term Debt	-	-	11.22	9.88	-	14.52
Long-Term Leases	0.23	0.26	-	0.01	0.05	0.39
Other Long-Term Liabilities	-	-	14.85	3.64	2.84	2.31
Total Liabilities	11.28	9.07	28.25	16.76	18.37	20.58
Common Stock	0.1	0.1	0.09	0.09	0.09	0.08
Additional Paid-In Capital	73.95	73.85	61.92	61.19	56.79	50.2
Retained Earnings	-75.19	-72.75	-61.95	-68.7	-67.12	-63.48
Shareholders' Equity	-1.14	1.19	0.06	-7.42	-10.24	-13.2
Total Liabilities & Equity	10.14	10.26	28.31	9.34	8.13	7.38
Total Debt	0.27	0.31	11.23	9.94	12.54	15.39
Net Cash (Debt)	1.49	3.15	9.71	-8.43	-11.15	-14.8
Net Cash Growth	-64.23%	-67.56%	-	-	-	-
Net Cash Per Share	0.08	0.17	0.50	-0.47	-0.66	-0.95
Filing Date Shares Outstanding	19.37	19.25	18.87	18.85	17.82	16.74
Total Common Shares Outstanding	19.37	19.24	18.87	18.62	17.82	15.62
Working Capital	-5.03	-2.71	22.81	2.32	-11.69	-1
Book Value Per Share	-0.06	0.06	0.00	-0.40	-0.57	-0.85
Tangible Book Value	-2.49	-0.31	-1.64	-9.33	-12.35	-15.52
Tangible Book Value Per Share	-0.13	-0.02	-0.09	-0.50	-0.69	-0.99
Machinery	2.76	2.74	1.94	1.96	2.83	2.89
Construction In Progress	1.55	1.55	1.59	1.81	1.81	1.81
Leasehold Improvements	0.12	0.12	0.1	0.1	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.