Microcap Ledger

Tickers · $BCHT

Birchtech Corp. $BCHT

By Microcap Ledger desk · CIK 0000728385

Facts as of . Built from SEC filings and our own data. Small caps move fast; check the latest filings.

Snapshot

Exchange
NYSE American
Sector
Measuring & Controlling Devices, NEC
Headquarters
Corsicana, TX
Fiscal year end
December 31
Shares outstanding
26,305,966 [10-Q 2026-08-13]
as of 2026-08-13

Sources: [10-K 2026-03-31]

What the company doesAI summary of filing

Birchtech Corp. provides specialty activated carbon technologies for air and water purification. The company generates revenue from mercury emissions capture solutions for coal-fired power plants using its patented SEA® process, currently serving 16 electric generating units in the United States as of December 31, 2025. In April 2024, the company announced entry into the water treatment business to address drinking water compliance with emerging PFAS regulations, operating two laboratory Design Centers and developing a carbon rejuvenation process for thermal reactivation of spent activated carbon. The company also recently introduced a nuclear-grade ion exchange resin product line called SEA-IX. [10-K 2026-03-31]

Segments: Mercury Emissions Control (SEA® technology), Water Treatment (PFAS removal and carbon rejuvenation), Ion Exchange Resins (SEA-IX nuclear-grade line)

Financial health

From XBRL company facts (USD)
PeriodRevenueNet incomeOperating cash flowCashFiling
6 months to Jun 2026$8.03M−$4.36M −$5.00M$11.84M[10-Q 2026-08-13]
FY ended Dec 2025$17.63M−$3.03M −$700.1K$2.25M[10-K 2026-03-31]
FY ended Dec 2024$17.41M−$10.80M −$4.11M$3.46M[10-K 2026-03-31]
Quarterly cash burn
−$2.50M
Cash runway Estimate
~14.2 months

Estimate: cash at the end of the period (6 months to Jun 2026) divided by the average monthly operating cash outflow over that period. Ignores any cash raised or spent since, and any financing.

Capital structure and dilution

Summary only. How these instruments work: Dilution & financing desk.

Share count
DateShares outstandingFiling
2024-11-1496,178,153[10-Q 2024-11-14]
2025-03-3196,228,153[10-K 2025-03-31]
2025-05-1596,228,153[10-Q 2025-05-15]
2025-08-1496,866,109[10-Q 2025-08-14]
2025-11-1396,866,109[10-Q 2025-11-13]
2026-03-3126,305,966[10-K 2026-03-31]
2026-05-1326,305,966[10-Q 2026-05-13]
2026-08-1326,305,966[10-Q 2026-08-13]
Shelf registration
S-1 filed 2026-01-13; declared effective 2026-02-17 [S-1 2026-01-13]

Listing status

Current status: No Form 8-K Item 3.01 (listing notice) filings in the last 24 months, as of 2026-10-11.

More on deficiency notices and uplistings: Listing status desk.

Who owns it

Recent Form 4 transactions
DateInsiderTypeSharesPriceFiling
2026-02-27Macpherson Richardbuy312,500$2.40[4 2026-03-02]
2025-12-12Kaye David Mexercise250,000$0.58[4 2025-12-15]
2025-12-12Kaye David Mother155,214$0.93[4 2025-12-15]
2025-12-12Macpherson Richardexercise500,000$0.58[4 2025-12-15]
2025-12-12Macpherson Richardother310,427$0.93[4 2025-12-15]
2025-12-11Pavlish Johnexercise300,000$0.58[4 2025-12-15]
2025-12-11Pavlish Johnother190,560$0.91[4 2025-12-15]

Catalysts and calendar

Facts as of . Small caps move fast; check the latest filings.