Bitech Technologies Corp. Files Q3 2024 10-Q
Ticker: BESS-WT · Form: 10-Q · Filed: Nov 14, 2024 · CIK: 1066764
| Field | Detail |
|---|---|
| Company | Bitech Technologies CORP (BESS-WT) |
| Form Type | 10-Q |
| Filed Date | Nov 14, 2024 |
| Risk Level | medium |
| Pages | 15 |
| Reading Time | 18 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-Q, quarterly-report, electric-services
TL;DR
Bitech Tech 10-Q filed. Q3 2024 financials out. Check revenue streams.
AI Summary
Bitech Technologies Corp. filed its 10-Q for the period ending September 30, 2024. The company, formerly known as Spine Injury Solutions, Inc., is involved in electric services. Financial details for the third quarter and year-to-date are presented, including revenue from equipment sales, service revenue, and other revenue streams.
Why It Matters
This filing provides investors with the latest financial performance and operational updates for Bitech Technologies Corp. during the third quarter of 2024.
Risk Assessment
Risk Level: medium — The filing is a standard quarterly report, but without specific financial performance data or forward-looking statements, assessing the risk level is challenging.
Key Numbers
- Q3 2024 — Reporting Period (Third quarter financial results)
- YTD 2024 — Reporting Period (Year-to-date financial results)
Key Players & Entities
- Bitech Technologies Corp (company) — Filer
- Spine Injury Solutions, Inc. (company) — Former company name
- 20240930 (date) — Reporting period end date
- 20241114 (date) — Filing date
FAQ
What were Bitech Technologies Corp.'s total revenues for the third quarter of 2024?
The filing indicates revenue segments for EquipmentSalesMember, ServiceRevenueMember, and OtherRevenueMember for Q3 2024, but specific total dollar amounts are not detailed in this header information.
How does the third quarter 2024 revenue compare to the third quarter of 2023?
The filing lists revenue segments for both Q3 2024 and Q3 2023, allowing for comparison, but the specific figures are not present in this header.
What is Bitech Technologies Corp.'s primary business activity?
Bitech Technologies Corp. is listed under the Standard Industrial Classification code 4911 for Electric Services.
When was Bitech Technologies Corp. previously known by another name?
The company was formerly known as Spine Injury Solutions, Inc. (name change effective 20151007), Spine Pain Management, Inc. (name change effective 20091201), and VERSA CARD, INC. (name change effective 20080515).
What is the fiscal year end for Bitech Technologies Corp.?
The fiscal year end for Bitech Technologies Corp. is December 31.
Filing Stats: 4,425 words · 18 min read · ~15 pages · Grade level 17.7 · Accepted 2024-11-14 08:30:45
Filing Documents
- form10-q.htm (10-Q) — 616KB
- ex31-1.htm (EX-31.1) — 14KB
- ex31-2.htm (EX-31.2) — 13KB
- ex32-1.htm (EX-32.1) — 7KB
- ex32-2.htm (EX-32.2) — 7KB
- 0001493152-24-045374.txt ( ) — 3297KB
- bttc-20240930.xsd (EX-101.SCH) — 25KB
- bttc-20240930_cal.xml (EX-101.CAL) — 28KB
- bttc-20240930_def.xml (EX-101.DEF) — 106KB
- bttc-20240930_lab.xml (EX-101.LAB) — 228KB
- bttc-20240930_pre.xml (EX-101.PRE) — 184KB
- form10-q_htm.xml (XML) — 396KB
Management's Discussion and Analysis of Financial Condition and Results of Operations
Management's Discussion and Analysis of Financial Condition and Results of Operations 16 Item 3. Quantitative and Qualitative Disclosure About Market Risk 20 Item 4.
Controls and Procedures
Controls and Procedures 20 PART II OTHER INFORMATION 21 Item 1.
Legal Proceedings
Legal Proceedings 21 Item 1A.
Risk Factors
Risk Factors 22 Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 22 Item 3. Defaults Upon Senior Securities 22 Item 4. Mine Safety Disclosures 22 Item 5. Other Information 22 Item 6. Exhibits 23
Signatures
Signatures 24 2 Table of Contents NOTE ABOUT FORWARD-LOOKING STATEMENTS This Quarterly Report on Form 10-Q contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include, among other things, statements regarding plans, objectives, goals, strategies, future events or performance and underlying assumptions and other statements, which are other than statements of historical facts. Forward-looking statements may appear throughout this report, including without limitation, Item 2 "Management's Discussion and Analysis of Financial Condition and Results of Operations." Forward-looking statements generally can be identified by words such as "anticipates," "believes," "estimates," "expects," "intends," "plans," "predicts," "projects," "will be," "will continue," "will likely result," and similar expressions. These forward-looking statements are based on current expectations and assumptions that are subject to risks and uncertainties, which could cause our actual results to differ materially from those reflected in the forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, those discussed in this report and in our Annual Report on Form 10-K for the year ended December 31, 2023, and in particular, the risks discussed under the caption "Risk Factors" in Item 1A of this report and in in our Form 10-K, and those discussed in other documents we file with the Securities and Exchange Commission ("SEC"). Important factors that in our view could cause material adverse effects on our financial condition and results of operations include, but are not limited to, risks associated with service demands and acceptance, our ability to expand, changes in healthcare practices, changes in technology, economic conditions, the impact of competition and pricing, government regulation and approvals, impacts and disruptions caused by the COVID-19 pandemi