Biolargo Inc (BLGO) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
14921 CHESTNUT ST. WESTMINSTER, CA 92683 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 28 - Chemicals And Allied Products (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 6/30/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 3,539 | 1,851 | 962 | 716 | 655 | 655 | |||
| Cash and cash equivalents | 3,539 | 1,851 | 962 | 716 | 655 | 655 | |||
| Receivables | 2,612 | 1,064 | 513 | 484 | 355 | 257 | |||
| Inventory, net of allowances, customer advances and progress billings | 153 | 120 | 241 | 277 | 16 | 26 | |||
| Inventory | 153 | 120 | 241 | 277 | 16 | 26 | |||
| Other undisclosed current assets | 58 | 118 | 85 | 28 | 39 | 17 | |||
| Total current assets: | 6,362 | 3,153 | 1,801 | 1,505 | 1,065 | 955 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 1,092 | 867 | 453 | 341 | 411 | ✕ | |||
| Property, plant and equipment | 662 | 287 | 61 | 60 | 95 | 126 | |||
| Long-term investments and receivables | 19 | 33 | 48 | 63 | |||||
| Long-term investments | 19 | 33 | 48 | 63 | |||||
| Intangible assets, net (including goodwill) | 2,150 | 1,893 | 1,893 | ||||||
| Intangible assets, net (excluding goodwill) | 2,150 | 1,893 | 1,893 | ||||||
| Prepaid expense | 394 | 591 | 788 | ||||||
| Other noncurrent assets | 70 | 124 | 69 | 35 | 35 | 35 | |||
| Other undisclosed noncurrent assets | 122 | 176 | |||||||
| Total noncurrent assets: | 1,843 | 1,705 | 1,222 | 3,437 | 2,556 | 2,230 | |||
| TOTAL ASSETS: | 8,205 | 4,858 | 3,023 | 4,942 | 3,621 | 3,185 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 1,488 | 940 | 559 | 513 | 602 | 501 | |||
| Interest and dividends payable | ✕ | ✕ | ✕ | 25 | 42 | 125 | 122 | ||
| Employee-related liabilities | ✕ | ✕ | ✕ | 184 | 156 | 12 | 77 | ||
| Accounts payable | 1,212 | 717 | 350 | 315 | 465 | 302 | |||
| Accrued liabilities | 276 | 223 | |||||||
| Deferred revenue | 303 | 17 | 89 | 48 | 35 | ✕ | |||
| Debt | 66 | 100 | 314 | 1,206 | 5,064 | ||||
| Other undisclosed current liabilities | 853 | 519 | 412 | 1,777 | (1,347) | 1,990 | |||
| Total current liabilities: | 2,710 | 1,576 | 1,374 | 3,544 | 4,354 | 2,491 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 289 | 237 | 529 | 733 | 986 | 1,292 | |||
| Long-term debt, excluding current maturities | 289 | 237 | 180 | 507 | 700 | 1,292 | |||
| Liabilities, other than long-term debt | 1,004 | 773 | 900 | ||||||
| Financial instruments subject to mandatory redemption, settlement terms, share value, amount | 900 | ||||||||
| Operating lease, liability | 1,004 | 773 | 349 | 226 | 286 | ✕ | |||
| Other undisclosed noncurrent liabilities | 261 | (162) | 461 | 525 | |||||
| Total noncurrent liabilities: | 1,293 | 1,271 | 716 | 1,633 | 1,447 | 1,817 | |||
| Total liabilities: | 4,003 | 2,847 | 2,090 | 5,177 | 5,801 | 4,308 | |||
| Equity | |||||||||
| Equity, attributable to parent | 6,844 | 4,878 | 4,653 | 3,858 | (2,153) | (1,496) | |||
| Common stock | 196 | 186 | 171 | 151 | 111 | 95 | |||
| Additional paid in capital | 154,023 | 148,435 | 143,718 | 135,849 | 121,327 | 110,222 | |||
| Accumulated other comprehensive loss | (277) | (149) | (115) | (101) | (99) | (90) | |||
| Accumulated deficit | (147,098) | (143,594) | (139,121) | (132,041) | (123,492) | (111,723) | |||
| Equity, attributable to noncontrolling interest | (2,642) | (2,867) | (3,720) | (4,093) | (27) | 373 | |||
| Total equity: | 4,202 | 2,011 | 933 | (235) | (2,180) | (1,123) | |||
| TOTAL LIABILITIES AND EQUITY: | 8,205 | 4,858 | 3,023 | 4,942 | 3,621 | 3,185 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 12,230 | 5,884 | 2,531 | 2,432 | 1,861 | 1,364 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (6,076) | (3,027) | (1,428) | (1,204) | (945) | (743) | ||
| Other undisclosed gross profit | ||||||||
| Gross profit: | 6,154 | 2,857 | 1,103 | 1,228 | 916 | 621 | ||
| Operating expenses | (10,734) | (8,247) | (7,539) | (8,811) | (7,612) | (7,033) | ||
| Operating loss: | (4,580) | (5,390) | (6,436) | (7,583) | (6,696) | (6,412) | ||
| Nonoperating income (expense) (Other Nonoperating Income (Expense)) | (68) | 258 | (458) | (2,117) | (4,744) | (4,284) | ||
| Interest and debt expense | (91) | (53) | (234) | (2,365) | (1,029) | (276) | ||
| Loss from continuing operations before equity method investments, income taxes: | (4,739) | (5,185) | (7,128) | (12,065) | (12,469) | (10,972) | ||
| Loss from equity method investments | (15) | (37) | ||||||
| Loss from continuing operations: | (4,739) | (5,185) | (7,143) | (12,102) | (12,469) | (10,972) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (7,143) | (12,102) | (12,469) | (10,972) | |
| Other undisclosed net income | 91 | 53 | 249 | 2,402 | 1,029 | 276 | ||
| Net loss: | (4,648) | (5,132) | (6,894) | (9,700) | (11,440) | (10,696) | ||
| Net income attributable to noncontrolling interest | 1,144 | 659 | ||||||
| Net loss attributable to parent: | (3,504) | (4,473) | (6,894) | (9,700) | (11,440) | (10,696) | ||
| Other undisclosed net income (loss) available to common stockholders, basic | (186) | 1,268 | 750 | 475 | ||||
| Net loss available to common stockholders, diluted: | (3,504) | (4,473) | (7,080) | (8,432) | (10,690) | (10,221) | ||
Comprehensive Income ($ in thousands)
| 6/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (4,648) | (5,132) | (6,894) | (9,700) | (11,440) | (10,696) | ||
| Other undisclosed comprehensive loss | (128) | (34) | (14) | (2) | (9) | (28) | ||
| Comprehensive loss: | (4,776) | (5,166) | (6,908) | (9,702) | (11,449) | (10,724) | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 1,144 | 659 | (186) | 1,268 | 750 | 475 | ||
| Comprehensive loss, net of tax, attributable to parent: | (3,632) | (4,507) | (7,094) | (8,434) | (10,699) | (10,249) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.