Birchtech presents strategy for expansion into water treatment market
BCHT•
BCHT•Birchtech outlined plans to enter the water treatment market as it reported third-quarter revenue of $5.5 million and a net loss of $300,000. The company highlighted a $78.4 million patent infringement judgment and said it had $10.8 million in cash and no debt at September 30, 2026.
Third-quarter 2026 revenue totaled $5.5 million, down from $7.4 million a year earlier. Birchtech reported a net loss of $300,000, compared with net income of $800,000 in the year-earlier quarter. Cash was $10.8 million at September 30, 2026, with no debt outstanding.
Birchtech said preparations are underway for a carbon rejuvenation facility targeting the U.S. water treatment market, which it described as a $1.5 billion annual market. The company also highlighted a $78.4 million patent infringement judgment, with post-judgment interest accruing daily.