Core Viewpoint - Birchtech Corp. has formally requested payment of a $78 million judgment against the CERT entities following a court ruling that found CERT liable for willful infringement [1][2]. Legal Proceedings - The U.S. District Court of Delaware issued a final judgment of $78 million against the CERT Defendants after a jury trial in March 2024, which concluded with a unanimous finding of willful infringement [2]. - The 30-day stay of execution from the issuance of the final judgment has lapsed, allowing Birchtech to begin immediate enforcement of the judgment [2]. - CERT filed a notice of appeal on January 28, 2026, and may seek a bonded stay to prevent execution of the judgment during the appeal process [3]. Enforcement Actions - Birchtech intends to pursue various enforcement options, including asset discovery, seizures, liens, garnishments, and clawbacks, to expedite the collection of the judgment amount [4]. Company Overview - Birchtech Corp. specializes in activated carbon technologies for sustainable air and water treatment, focusing on innovative solutions for air purification and water purification, particularly for contaminants like PFAS and PFOS [4].

Core Viewpoint - Birchtech Corp. has formally requested payment of a $78 million judgment against the CERT entities following a final judgment issued by the U.S. District Court of Delaware for willful infringement [1][2]. Group 1: Legal Proceedings - On December 29, 2025, the U.S. District Court of Delaware issued a final judgment of $78 million against the CERT Defendants after a jury trial in March 2024, which found unanimous willful infringement [2]. - CERT filed a notice of appeal on January 28, 2026, and may seek a bonded stay to prevent execution of the judgment during the appeal process [3]. - Birchtech is free to seek payment of the full judgment amount unless CERT secures a bonded stay approved by the Court, with interest accruing on the judgment during the appeal [3]. Group 2: Company Strategy - Richard MacPherson, CEO of Birchtech, stated that the company intends to vigorously pursue enforcement options, including asset discovery, seizures, liens, garnishments, and clawbacks, to expedite payment [4]. - Birchtech specializes in activated carbon technologies for sustainable air and water treatment, focusing on innovative solutions for mercury emissions capture and water purification technologies targeting forever chemicals like PFAS and PFOS [4].

Core Insights - Birchtech Corp. has received a favorable court ruling regarding patent infringement against refined coal companies, leading to a proposed final judgment of approximately $78 million [3][4][6] - The court's decision includes pre-judgment and post-judgment interest, enhancing the financial outcome for the company [2][3] - The ruling is expected to significantly increase Birchtech's market share in the coal-fired power sector, potentially doubling it in the next few years [6][8] Legal Proceedings - The lawsuit initiated in July 2019 involved 43 defendants, including major power utilities, resulting in a $57 million jury verdict for willful infringement [4][5] - Birchtech has secured nine license and supply agreements with coal-fired utilities, generating approximately $37 million in fees and settlements prior to the latest court ruling [5][6] - The court has mandated that a proposed final judgment be submitted by December 23, 2025 [3] Business Strategy and Future Outlook - The court ruling is seen as a validation of Birchtech's patented technologies, which will facilitate the expansion of its business relationships with utilities [6][7] - The company is focusing on developing new water purification technologies aimed at removing harmful contaminants like PFAS, positioning itself for future growth [7][9] - Over the next 12 to 18 months, Birchtech plans to execute operational catalysts that could create sustainable value for shareholders [8]

Core Insights - Birchtech Corp. reported a significant revenue increase of 41% to $7.4 million in Q3 2025, compared to $5.2 million in the same quarter last year, driven primarily by growth in licensing revenue [8][12] - The company achieved net income of $0.8 million in Q3 2025, a turnaround from a net loss of $0.5 million in the same period last year [12] Financial Performance - Gross profit for Q3 2025 was $4.0 million, representing 54.8% of total revenues, up from $1.6 million or 30.5% of total revenues in Q3 2024, attributed to increased high-margin licensing revenue [9] - Operating expenses remained stable at approximately $2.7 million for both Q3 2025 and Q3 2024, while R&D expenses rose to $0.5 million in Q3 2025 from $0 in the prior year, reflecting investment in new water treatment technologies [10][11] - Adjusted EBITDA improved to $1.0 million in Q3 2025, a significant increase from a loss of $0.5 million in the same quarter last year [12] Business Developments - The company secured four key licensing agreements in its air business, which have the potential to evolve into long-term product supply agreements [7] - Birchtech commercialized its water treatment solutions, receiving approximately $0.9 million in purchase orders from a large mid-Atlantic utility [4][7] - A collaboration was established with Civil & Environmental Consultants to provide rapid scale column testing for water utility clients, enhancing business development opportunities in the water sector [4][7] Future Outlook - The company aims to drive sustainable growth by finalizing a $160 million patent award request, converting more utilities into long-term licensees, and accelerating the rollout of its next-generation water treatment platform [5]

Core Insights - Birchtech Corp. has reached a non-exclusive license agreement with a regional coal-fired power utility, resolving a lawsuit regarding patented mercury emissions reduction technologies [1][2] - The agreement allows Birchtech to dismiss all claims against this utility while continuing claims against other defendants in the consolidated lawsuits [2][4] - The CEO of Birchtech highlighted that licensing agreements have been a successful strategy, providing cash flow to support new technologies in water treatment [3] Company Overview - Birchtech Corp. specializes in activated carbon technologies aimed at sustainable air and water treatment, focusing on mercury emissions capture for coal-fired utilities [5] - The company has established business relationships with five utilities from the ongoing lawsuits and has reached a total of 13 license and/or supply agreements since 2019 [4] - Birchtech is also developing innovative water purification technologies targeting persistent pollutants like PFAS and PFOS [5]

Core Viewpoint - Birchtech Corp. is actively participating in several investor conferences to showcase its advancements in specialty activated carbon technologies and to support its planned uplisting to a major U.S. exchange [1][3]. Company Participation in Conferences - Birchtech's CEO Richard MacPherson will present at the H.C. Wainwright 27th Annual Global Investment Conference on September 10, 2025, at 11:30 a.m. Eastern time in New York, NY, which will include a presentation and one-on-one meetings [2]. - The company will also participate in the Lake Street 2025 BIG9 Conference on September 11, 2025, in New York, NY, which will consist of one-on-one meetings only [3]. - Additionally, Birchtech will present at the Gabelli 3 Annual PFAS Symposium on September 17, 2025, at 3:15 p.m. Eastern time, also in New York, NY, featuring a presentation and one-on-one meetings [3]. Company Overview - Birchtech Corp. is recognized as a leader in specialty activated carbon technologies, focusing on sustainable air and water treatment solutions [4]. - The company provides patented SEA sorbent technologies aimed at capturing mercury emissions in the coal-fired utility sector and is developing innovative water purification technologies targeting forever chemicals like PFAS and PFOS [4]. - Birchtech is backed by a strong intellectual property portfolio and a team of experts in activated carbon, contributing to cleaner air and novel water purification approaches [4].

Core Financial Results - Revenues for the first quarter of 2025 totaled $3.2 million, consistent with the same quarter in the previous year, driven by an increase in licensing revenues offset by a slight decrease in supply revenues [9] - Gross profit increased by 9.4% to $1.2 million, representing 38.3% of total revenues, compared to 34.8% in the same year-ago quarter, primarily due to higher licensing revenues [10] - Net loss improved to $1.7 million, or ($0.02) per share, compared to a net loss of $2.9 million, or ($0.03) per share in the same year-ago quarter [13] Operational Highlights - The company gained a new technology licensee, enhancing market share in the coal-fired utility sector, supporting consistent revenues [3] - A patent infringement lawsuit was filed against Evergy, a major power utility, while a non-exclusive agreement was secured with another coal-fired power utility [4] - Federal government support for clean coal has extended operational timelines for coal-fired power plants, benefiting the company's air business [5] Strategic Initiatives - The company is progressing in its new water purification business, focusing on sustainable potable water treatment solutions, with plans to sell activated carbon and water treatment solutions in mid-2025 [6][7] - Management anticipates revenues of at least $23 million in 2025, excluding potential cash from intellectual property defense and new water purification technologies [6] - The air business is expected to achieve an annual revenue run-rate of at least $40 million by the end of 2026 [6] Management Commentary - The CEO emphasized the company's robust growth trajectory in the air business, supported by patent defense efforts and potential licensing agreements with utilities [3][8] - The company aims to protect its patented technologies while expanding into innovative water purification technologies [8] Future Outlook - The company plans to pursue a listing on a major U.S. exchange in the second half of 2025, indicating a strategic growth phase [8]