Price: $0.1920
$0.00
0.000%
|
Day's High:
| $0.192
| Week Perf:
| -4 %
|
Day's Low: |
$ 0.19 |
30 Day Perf: |
-9.43 % |
Volume (M): |
126 |
52 Wk High: |
$ 0.42 |
Volume (M$): |
$ 24 |
52 Wk Avg: |
$0.26 |
Open: |
$0.19 |
52 Wk Low: |
$0.16 |
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Market Capitalization (Millions $) |
58 |
Shares
Outstanding (Millions) |
300 |
Employees |
9 |
Revenues (TTM) (Millions $) |
17 |
Net Income (TTM) (Millions $) |
-4 |
Cash Flow (TTM) (Millions $) |
1 |
Capital Exp. (TTM) (Millions $) |
1 |
Biolargo Inc
We make life better by delivering simple and sustainable solutions to big problems.
We create and refine intellectual property that forms a foundation from which
to build and create break-through products and technology for licensure to commercial
partners. Our products harness the power of iodine – “Natures Best
Solution” – to eliminate contaminants that threaten our water, our
health and our quality of life.
We invent, patent, prove and partner – to create best-of-class products
and technology for commercialization as we build value for our shareholders
and deliver benefits to our world.
We invent, patent, prove and partner – to create best-of-class products
and technology for commercialization as we build value for our shareholders
and deliver benefits to our world.
Invent – Three Platform Technologies
We feature three patent protected platform technologies with diverse product
opportunities across multiple industries – the AOS Filter, CupriDyne,
and Isan. Each features the use of the all-natural iodine molecule. While they
all use iodine, they are quite different in terms of the methods by which they
exploit the use of iodine, the form and composition of iodine used, and therefore
their function and value proposition can be quite different for each commercial
application.
AOS Filter
The AOS Filter is our invention that combines iodine, water filter materials
and electrolysis within a water filter device. Our filter generates extremely
high oxidation potential in order to oxidize and break-down, or otherwise eliminate,
soluble organic contaminants like acids, solvents, sulfurs, oil and gas by-products,
and pharmaceutical by-products which are commonly found in all sorts of contaminated
water. It also achieves extremely high rates of disinfection to eliminate infectious
biological pathogens like salmonella, listeria and ecoli.
Extremely high oxidation potential is the key. The term ‘oxidation potential’
refers to the measure of the performance in which an oxidant is able to ‘break
down’ a material through, in simple terms, the addition of oxygen and
the transfer of electrons. Two commonly understood examples of oxidation are,
as salt air rusts a shipyard anchor, or as fire is able to dismantle wood and
turn it into ash. The key to our AOS Filter is its ability to generate extremely
high oxidation potential in a continuous flow device that attacks contaminants
in water that flow through the AOS Filter. The extremely high oxidation potential
enables the AOS Filter to achieve performance results that researchers at the
University of Alberta refer to as, ‘unprecendented’. Our AOS Filter
embodies a break-through in science which led to BioLargos co-founding of an
ongoing research chair to solve the contaminated water issues associated with
the Canadian Oil Sands at the University of Alberta Department of Engineering
with the top five oil companies in Canada, the regional water district, and
various environmental agencies of the Canadian government. Our work is continually
expanding into a number of commercial applications with a key focus on food
processing, agriculture and oil and gas. We are also evaluating opportunities
in the maritime industry, mining, storm drain recapture / recycling, and drinking
water. It is an award-winning invention that is supported with science and engineering
financial support and grants from various federal and provincial agencies in
Canada. The financial support is expanding along with the work to develop commercially
available designs. We believe the AOS Filter has an important and substantial
commercial opportunity in every segment of the water treatment industry.
CupriDyne®
Our CupriDyne formula is used to deliver iodine within products. It can be delivered
in any physical form, and can be combined with other ingredients, like fragrances
in our odor control products, and primitive surfactants in our stain and odor
products. Additional ingredients can often be added without sacrificing its
practical and safe antimicrobial functions as well its oxidation potential.
Our product designs include liquids, sprays, gels, powders, coatings and absorbents.
Safe and effective is the key. Each of our product designs delivers nature’s
broadest spectrum and most potent disinfectant – iodine – safely
and precisely to achieve effective broad-spectrum disinfection, unsurpassed
odor and moisture control, and effective and gentle wound healing. Our primary
ingredients, as well as reaction by-products, are “generally recognized
as safe” (G.R.A.S) by the U.S. Food and Drug Administration as food additives
in their basic forms. Its commercial product opportunities are diverse and we
have an extensive menu of product designs in various stages of commercialization
and licensure development, discussed in detail below in the “Commercial,
Household and Personal Care Products” section. We specialize in delivering
iodine, nature’s broadest spectrum and most potent disinfectant and essential
nutrient, in safe, environmentally friendly, non-staining, non-toxic and effective
product designs.
CupriDyne is unique. The iodine most of us are familiar with, sold in pharmacies
and used by hospitals, has severe limitations – it is considered toxic,
causes staining, and contains a limited dose of the active oxidizing ingredient.
Our CupriDyne technology, on the other hand, directly addresses many of these
shortcomings – it delivers iodine’s oxidizing ingredient (“free
iodine”) with precision, ranging from very small doses up to very large
doses with more than 20 times the power of traditional iodine. We can deliver
iodine so that it is both non-toxic and non-staining, thus extending its usefulness
well beyond historical product applications. Our formulations expand the functionality
of our products well beyond simple disinfection.
Isan System
The Isan System is an automated iodine dosing system. It is the winner of a
Top 50 Water Technology Award by the Artemis Project and a Dupont Innovation
Award. Precise dosing combined with a straight-forward ‘set-it-and-forget-it’
automated computer controlled system is the key. The system features controlled
measuring, flow control, dosing and iodine extraction/removal technology as
well as an automatic tracking system that precisely delivers iodine in calibrated
doses into a water steam or container of water. The Isan system has been proven
to substantially reduce the incidence of fungal growth, spoilage, organisms
and pathogens in water and on food. The system is able to operate at high flow
rates.
First developed in Australia, the Isan system was initially registered with
the APVMA (Australian Pesticides and Veterinary Medicines Authority) and FSANZ
(Food Standards Australia and New Zealand) in Australia and New Zealand. The
system has meaningful use and commercial value in any industry that can benefit
from a precise use of iodine in water, like; agriculture, food production and
processing, manufacturing, industrial water processes, irrigation supply.
Patent - an Expanding Intellectual Property Estate
We have 16 patents issued and multiple pending. We believe these patents provide
a foundation from which to continue building our patent portfolio and we have
reasonable basis upon which to rely on our patent protections in the field of
art in which we practice. We also rely on trade secrets and technical know-how
to establish and maintain additional protection of our intellectual property.
As our capital resources permit, we expect to expand our patent protection as
we continue to refine our inventions as well as make new discoveries. See the
detailed discussion below of our patent portfolio.
Prove - a Continual Process
We have invested time and money in a wide array of third party testing, side-by-side
comparisons and third party verifications to support our most important technical
claims. The basic attributes of iodine are well understood by science and industry.
We have evidence and experience to substantiate the following bold claims:
AOS Filter- when compared to the best of class competition we are
100 times more effective
less than 1/20th the cost
more than 10 times faster
CupriDyne
Generally Accepted As Safe (G.R.A.S.) – ingredients and by products are
GRAS according to the FDA.
Broad spectrum disinfection (>99.9%)
Potent (less than 1/20th the dose of comparable disinfectant [like chlorine]
to achieve similar results)
Total odor elimination
Non-toxic and gentle
Increases holding power of absorbents by up to six times
Promotes rapid healing (animal care products)
De-scaling
Eliminates Sulfur, Ammonia, Fatty Acids, Mercaptans
Enhanced flocculation
Nutritive
Isan System
Precise iodine dosing
Anti-bacterial, anti-fungal, anti-viral
Effective against top five plant pathogens
Promotes extended shelf-life
Enhances root growth and foliage growth for healthier plants
Company Address: 14921 Chestnut St. Westminster 92683 CA
Company Phone Number: 400-2863 Stock Exchange / Ticker: BLGO
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Stock Performances by Major Competitors |
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Biolargo Inc
As an investor and avid observer of the financial markets, I have witnessed the ebbs and flows of various companies' performance. One such company, Biolargo Inc, has recently released its financial results for the January to March 31, 2024, time-frame. Analyzing these numbers provides valuable insights into the company's current standing and its future potential. Starting with earnings per share (EPS), Biolargo Inc reported zero gains at $0.00 per share. Comparing this data to the previous year, no significant changes were observed. Furthermore, when compared to the prior financial reporting period, there was no growth or decline in EPS. While these figures may appear unremarkable at first glance, they serve as an indication of a stable base for Biolargo Inc.
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Biolargo Inc
Investors in Biolargo Inc (BLGO) have been closely monitoring the company's recent earnings report for the fourth quarter of 2023, which showed a significant improvement in revenue and a move towards balance in bookkeeping. The company reported earnings of $0.00 per share, a noticeable improvement from the previous reporting periods. Revenue for the quarter surged by an impressive 86.308% to $4.53 million, indicating strong growth in the company's top-line. This positive performance stands out against a backdrop of a -2.65% contraction in the Chemical Manufacturing industry as a whole.
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Biolargo Inc
Biolargo Inc, a leading provider of sustainable environmental solutions, recently announced its fiscal third-quarter results for 2023. The company experienced a loss of $0.01 per share, compared to no losses in the same quarter the previous year and in the previous financial reporting period. Though the losses have increased, Biolargo's revenue showed promising growth. In the comparable financial reporting period a year ago, the company's revenue increased by 62.333% to $2.44 million, up from $1.50 million. Additionally, sequentially, revenue surged by 68.396% from $1.45 million. These figures indicate a strong upward trend for the company's financial performance.
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Biolargo Inc
The stock market is a dynamic environment that constantly presents investors with new opportunities. And for those keeping an eye on the Chemical Manufacturing sector, there is an interesting story unfolding. Despite a small shortfall per share in the April to June 2023 time-frame, the sector has seen significant growth in revenue. One notable player in this industry is the Chemical Manufacturing company, which saw a shortfall per share of $-0.01 during this period. However, this should not dishearten investors, as the company experienced a remarkable surge in revenue of 46.505%, reaching $1.45 million. This is a substantial increase compared to the same reporting period a year ago when they reported revenue of $3.74 million and $0.00 per share. This demonstrates the company's ability to adapt and generate higher returns.
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Biolargo Inc
Biolargo Inc, a company that specializes in sustainable solutions for water, air, and other industrial processes, recently released its financial report for the first quarter of 2023. The report suggests that the company has made significant progress in terms of revenue growth, while also reporting a net deficit. According to the report, Biolargo Inc recorded zero gains of $0.00 per share in Q1 2023, which is an improvement compared to the same reporting period a year prior when the company recorded a loss of $-0.01 per share. However, it is worth noting that the company's earnings have remained stagnant since the preceding reporting period, when it reported the same earnings per share. The report also indicates that the company's revenue has increased substantially, with a growth rate of 287.772% to $3.74 million in Q1 2023 compared to $0.97 million in the same reporting period a year ago. The revenue also surged sequentially by 53.865% from $2.43 million in the preceding reporting period. This suggests that the company's revenue growth is gaining momentum, with a steep increase in the most recent quarter.
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Per Share |
Current |
Earnings (TTM) |
-0.01 $ |
Revenues (TTM) |
0.06 $
|
Cash Flow (TTM) |
0 $ |
Cash |
0.01 $
|
Book Value |
0.02 $
|
Dividend (TTM) |
0 $ |
|
Per Share |
|
Earnings (TTM) |
-0.01 $
|
Revenues (TTM) |
0.06 $ |
Cash Flow (TTM) |
0 $ |
Cash |
0.01 $
|
Book Value |
0.02 $ |
Dividend (TTM) |
0 $ |
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Odor-No-More |
|
103.52 % |
of total Revenue |
BioLargo Engineering Science Technologies LLC |
|
22.14 % |
of total Revenue |
Consolidation Eliminations |
|
-8.76 % |
of total Revenue |
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