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BCHT Stock Analysis - Birchtech Corp. AI Rating

BCHT NYSE Measuring & Controlling Devices, NEC DE CIK: 0000728385
Recently Updated • Analysis: Mar 20, 2026 • SEC Data: 2025-09-30
AI Rating
STRONG SELL
95% Confidence

📊 BCHT Key Takeaways

Revenue: $13.8M
Net Margin: -17.6%
Free Cash Flow: $-1.7M
Current Ratio: 0.55x
Debt/Equity: N/A
EPS: $-0.03
AI Rating: STRONG SELL with 95% confidence

Investment Thesis

Birchtech is in severe financial distress with negative stockholders' equity of -1.1M, indicating liabilities exceed assets. The company is unprofitable with -17.6% net margins, burning cash at -1.7M operating cash flow, and has deteriorating liquidity (0.55x current ratio) that poses immediate solvency concerns.

BCHT Strengths

  • + Maintains positive cash balance of 1.8M providing short-term runway
  • + Gross margin of 45.1% indicates underlying product economics are viable
  • + Low capital intensity (23.4K capex) reduces ongoing investment needs

BCHT Risks

  • ! Negative stockholders' equity creates insolvency risk and eliminates equity cushion
  • ! Negative operating cash flow of -1.7M indicates business cannot sustain operations
  • ! Critical liquidity position with current ratio of 0.55x below safety threshold of 1.0x
  • ! Consistent operating losses (-12.4% margin) with no profitability path evident
  • ! Revenue decline of -1.2% YoY demonstrates deteriorating market position

Key Metrics to Watch

BCHT Financial Metrics

Revenue
$13.8M
Net Income
$-2.4M
EPS (Diluted)
$-0.03
Free Cash Flow
$-1.7M
Total Assets
$10.1M
Cash Position
$1.8M

💡 AI Analyst Insight

The current ratio below 1.0x warrants monitoring of short-term liquidity.

BCHT Profitability Ratios

Gross Margin 45.1%
Operating Margin -12.4%
Net Margin -17.6%
ROE N/A
ROA -24.0%
FCF Margin -12.2%

BCHT vs Default Sector

How Birchtech Corp. compares to Default sector averages

Net Margin
BCHT -17.6%
vs
Sector Avg 12.0%
BCHT Sector
ROE
BCHT 0.0%
vs
Sector Avg 15.0%
BCHT Sector
Current Ratio
BCHT 0.5x
vs
Sector Avg 1.8x
BCHT Sector
Debt/Equity
BCHT 0.0x
vs
Sector Avg 0.7x
BCHT Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

BCHT Balance Sheet & Liquidity

Current Ratio
0.55x
Quick Ratio
0.50x
Debt/Equity
N/A
Debt/Assets
111.3%
Interest Coverage
-31,804.67x
Long-term Debt
N/A

BCHT 5-Year Financial Trend

BCHT 5-year financial data: Year 2020: Revenue $11.4M, Net Income -$6.1M, EPS N/A. Year 2021: Revenue $13.0M, Net Income -$5.8M, EPS N/A. Year 2022: Revenue $21.6M, Net Income -$3.6M, EPS N/A. Year 2023: Revenue $21.6M, Net Income -$1.6M, EPS $-0.02. Year 2024: Revenue $17.6M, Net Income $5.7M, EPS $0.06.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Birchtech Corp.'s revenue has grown significantly by 54% over the 5-year period, indicating strong business expansion. The most recent EPS of $0.06 reflects profitable operations.

BCHT Growth Metrics (YoY)

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-12.2%
Free cash flow / Revenue

BCHT Quarterly Performance

Quarterly financial performance data for Birchtech Corp. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $5.2M -$457.5K $0.00
Q2 2025 $3.3M -$1.5M $-0.02
Q1 2025 $3.2M -$1.7M $-0.02
Q3 2024 $5.2M -$470.2K N/A
Q2 2024 $3.4M -$764.5K N/A
Q1 2024 $3.0M -$1.4M N/A
Q3 2023 $6.7M -$356.7K N/A
Q2 2023 $4.1M -$356.7K N/A

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

BCHT Capital Allocation

Operating Cash Flow
-$1.7M
Cash generated from operations
Capital Expenditures
$23.4K
Investment in assets
Dividends
None
No dividend program

BCHT SEC Filings

Access official SEC EDGAR filings for Birchtech Corp. (CIK: 0000728385)

📋 Recent SEC Filings

Date Form Document Action
Mar 17, 2026 8-K tm268923d1_8k.htm View →
Mar 2, 2026 4 xslF345X05/primary_doc.xml View →
Feb 27, 2026 8-K tm267456d1_8k.htm View →
Feb 12, 2026 S-1/A tmb-20250930xs1a.htm View →
Feb 3, 2026 S-1/A tmb-20250930xs1a.htm View →

Frequently Asked Questions about BCHT

What is the AI rating for BCHT?

Birchtech Corp. (BCHT) has an AI rating of STRONG SELL with 95% confidence, based on fundamental analysis of SEC EDGAR filings.

What are BCHT's key strengths?

Maintains positive cash balance of 1.8M providing short-term runway. Gross margin of 45.1% indicates underlying product economics are viable.

What are the risks of investing in BCHT?

Negative stockholders' equity creates insolvency risk and eliminates equity cushion. Negative operating cash flow of -1.7M indicates business cannot sustain operations.

What is BCHT's revenue and growth?

Birchtech Corp. reported revenue of $13.8M.

Does BCHT pay dividends?

Birchtech Corp. does not currently pay dividends.

Where can I find BCHT SEC filings?

Official SEC filings for Birchtech Corp. (CIK: 0000728385) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is BCHT's EPS?

Birchtech Corp. has a diluted EPS of $-0.03.

How is the AI analysis conducted?

Our AI (Claude) analyzes publicly available SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports to evaluate financial health, profitability ratios, balance sheet strength, and growth metrics.

Disclaimer: This analysis is generated by Claude AI based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 20, 2026 | Data as of: 2025-09-30 | Powered by Claude AI