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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Jun. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 433,539 $ 1,910,153
Accounts receivable 78,105 67,994
Inventories 36,907 34,446
Prepaid expenses and other current assets 12,795 4,089
Total current assets 561,346 2,016,682
Equipment, net of depreciation 50,336 59,315
Other non-current assets, net of amortization 31,269 36,729
Total assets 642,951 2,112,726
Current liabilities:    
Accounts payable and accrued expenses 344,438 200,103
Accrued officer bonus 80,000
Convertible notes payable 4,830,097 560,000
Discount on convertible notes payable and line of credit, net of amortization (2,108,435) (398,910)
Derivative warrant liability 570,595 663,560
Line of credit 50,000 50,000
Deposit 50,000
Total current liabilities 3,736,695 1,154,753
Long-term liabilities:    
Convertible notes payable 675,571 5,250,668
Line of credit 250,000
Discount on convertible notes payable and line of credit, net of amortization (543,483) (3,522,497)
Total liabilities 4,118,783 2,882,924
COMMITMENTS, CONTINGENCIES (Notes 8 and 9)
STOCKHOLDERS’ DEFICIT:    
Convertible Preferred Series A, $.00067 Par Value, 50,000,000 Shares Authorized, -0- Shares Issued and Outstanding, at December 31, 2016 and June 30, 2017.
Common stock, $.00067 Par Value, 200,000,000 Shares Authorized, 92,975,970 and 99,898,718 Shares Issued, at December 31, 2016 and June 30, 2017, respectively. 66,885 62,179
Additional paid-in capital 92,533,290 90,609,774
Accumulated deficit (96,256,129) (91,915,426)
Accumulated other comprehensive loss (97,680) (81,694)
Total Biolargo stockholders’ deficit (3,753,634) (1,325,167)
Non-controlling interest (Note 6) 277,802 554,969
Total stockholders’ deficit (3,475,832) (770,198)
Total liabilities and stockholders’ deficit $ 642,951 $ 2,112,726