Robust Air Business Revenue
Birchtech's air business drove robust revenues of $3.2 million with a strong 38.3% gross margin profile, primarily due to higher licensing revenues.
Patent Infringement Verdict
The company secured a landmark $57 million unanimous jury award and has requested a final judgment of $160 million, which is pending.
Expansion into Water Purification
Launch of new patent-pending water treatment technologies targeting removal of PFO, PFOS, with facilities in North Dakota and Pennsylvania.
Potential Revenue Growth
Expected air business revenue growth to at least $23 million in 2025, with a run rate potential of $40 million by the end of 2026.
Improved Gross Profit
Gross profit increased by 9.4% to $1.2 million or 38.3% of total revenues in Q1 2025.
SG&A Expense Reduction
SG&A expenses decreased to $2.2 million in Q1 2025 from $3.5 million in the same period of 2024.
Net Loss Improvement
Net loss improved to $1.7 million in Q1 2025 from $2.9 million in Q1 2024.