BioLargo reports record Q1 revenue of $965k; ONM subsidiary turns first profitable quarter

BIOLARGO, INC.

Record company-wide Q1 revenue $965k (+69% YoY); ONM Environmental revenue $598k (+87%) with $13k operating profit (first profitable quarter).
Engineering subsidiary revenue $355k (+177% YoY); operating loss narrowed to $35k from $183k.
PFAS AEC solution: in-house pilot completed; commercial trial with SoCal municipal agency planned; customer pipeline potentially >$90M.
Garratt-Callahan minimal liquid discharge system passed factory acceptance testing; commercial rollout to begin.
Engineering subsidiary hired for waste-to-energy plant feasibility study in South America; project cost >$500M; engineering portion ~10%.

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