BIRCHTECH CORP.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-3.0M | $-10.8M | $5.7M | $-1.6M | $-3.6M | $-5.8M | $-6.1M | $-4.8M |
| Depreciation & Amortization | — | $11.7K | $12.9K | $11.7K | $68.5K | $188.7K | $314.9K | $456.9K |
| Depreciation | $137.5K | $11.7K | $12.9K | $11.7K | $68.5K | $188.7K | $314.9K | $456.9K |
| Amortization | $204.6K | $204.6K | $205.5K | — | — | — | — | — |
| Stock-Based Compensation | $119.2K | $1.1M | $33.8K | $408.0K | $968.0K | $1.7M | $1.8M | $490.5K |
| Net Cash from Operating Activities | $-700.1K | $-4.1M | $19.2M | $71.0K | $-206.0K | $-1.2M | $-1.6M | $-1.1M |
| Investing Activities | ||||||||
| Capital Expenditures | $29.3K | $809.4K | $0 | $10.7K | $11.0K | $0 | — | — |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-29.3K | $-809.4K | $0 | $-10.7K | $-11.0K | $42.5K | $30.0K | $-131.9K |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $-481.3K | $-12.6M | $209.5K | $55.7K | $602.3K | $288.3K | $2.5M | $-636.2K |
| Net Change in Cash | — | $-17.5M | $19.4M | $115.9K | $797.3K | $-908.3K | $914.4K | $-1.8M |
| Free Cash Flow | $-729.4K | $-4.9M | $19.2M | $60.3K | $-217.0K | $-1.2M | — | — |