BioLargo 2019 Annual Report Highlights Record Revenues, New Channel Partnerships, and Commercialization Milestones
Key financial highlights from the 2019 annual report include:
- Key financial highlights from the 2019 annual report include:
New $10 million equity line of credit with initial $250,000 investment from Lincoln Park Capital. - Achieved record revenue in 2019 (>$1.8 million), growing total revenue by 37% over prior year.
- The company is also pursuing additional partnership opportunities with multinational water and wastewater companies to offer CupriDyne Clean.
- Developing a chemical process to convert these tailings into a salable product, converting a waste material into multiple valuable products.