Note 10 - BioLargo Energy Technologies, Inc. |
3 Months Ended |
|---|---|
Mar. 31, 2026 | |
| BioLargo Energy Technologies, Inc (BETI) [Member] | |
| Notes to Financial Statements | |
| Noncontrolling Interest Disclosure [Text Block] |
Note 10. BioLargo Energy Technologies, Inc.
BioLargo Energy Technologies, Inc. (“BETI”) was formed for the purpose of commercializing a proprietary liquid sodium battery technology. BioLargo purchased 9,000,000 shares of its common stock upon its formation and was initially its sole stockholder.
During the three months ended March 31, 2026, BETI sold 124,867 shares of its common stock at $3.70 per share to seven accredited investors and received $462,000 in gross and net proceeds. No shares of common stock of BETI were sold during the three months ended March 31, 2025.
As of March 31, 2026, BETI had 9,730,691 issued and outstanding shares, of which BioLargo holds 9,095,000 (93%).
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