Note 10 - BioLargo Energy Technologies, Inc. |
6 Months Ended |
|---|---|
Jun. 30, 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 June 30, 2026, BETI sold 6,757 shares of its common stock at $3.70 per share to one accredited investors and received $25,000 in gross and net proceeds. During the six months ended June 30, 2026, BETI sold 131,624 shares of its common stock at $3.70 per share to seven accredited investors and received $487,000 in gross and net proceeds. No shares of common stock of BETI were sold during the three and six months ended June 30, 2025.
As of June 30, 2026, BETI had 9,738,469 issued and outstanding shares, of which BioLargo holds 9,095,000. During the three months ended June 30, 2026, Biolargo exchanged intercompany payables totaling $525,000 for 141,892 shares of BETI common stock. |