secwatch.observer — SEC 8-K summary
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Issuer:     BIOLARGO, INC. (BLGO)
CIK:        0000880242
Form:       8-K
Filed at:   2022-05-19T23:59:59+00:00
Accession:  0001437749-22-013035
Event type: other_material
Sentiment:  positive
Materiality: 0.65
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/880242/000143774922013035/0001437749-22-013035-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/880242/000143774922013035/blgo20220519_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-013035

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