secwatch.observer — SEC 8-K summary
======================================

Issuer:     BIOLARGO, INC. (BLGO)
CIK:        0000880242
Form:       8-K
Filed at:   2023-06-09T23:59:59+00:00
Accession:  0001437749-23-017042
Event type: other_material
Sentiment:  positive
Materiality: 0.85
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BioLargo Q1 revenue up 78% QoQ; Pooph generates $27M D2C sales in 18 months
---------------------------------------------------------------------------

- Q1 revenue up 78% QoQ and 130% YoY; net cash flow near breakeven; net loss ~$400k (non-cash).
- Pooph, BioLargo's pet odor elimination product, generated $2.8M in 2022 and $3.1M in Q1 2023 for ONM Environmental.
- Pooph D2C sales reached $27M with 814,000 orders; 21% repeat customers; shipped over 1 million bottles.
- Management cautions Q2 revenue will be lower due to Walmart inventory stocking normalization.
- ONM Environmental expanding into automotive, wastewater, and other industrial odor/VOC markets.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/880242/000143774923017042/0001437749-23-017042-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/880242/000143774923017042/blgo20230609_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-017042

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer