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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Mar. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 921,942 $ 990,457
Accounts receivable, net of allowance of $2,500 102,310 94,413
Inventories 56,805 53,973
Prepaid expenses and other current assets 32,745 20,000
Total current assets 1,113,802 1,158,843
Equipment, net of depreciation 117,295 108,865
Other non-current assets 32,530 32,530
Deferred offering cost 191,494 195,182
Total assets 1,455,121 1,495,420
Current liabilities:    
Accounts payable and accrued expenses 351,000 224,105
Convertible notes payable 5,398,847 5,248,847
Discount on convertible notes payable, net of amortization (697,231) (1,257,182)
Total current liabilities 5,052,616 4,215,770
Long-term liabilities:    
Line of credit 390,000
Convertible notes payable 1,769,271 1,539,271
Discount on convertible notes payable and line of credit, net of amortization (1,141,478) (850,000)
Total liabilities 6,070,409 4,905,041
COMMITMENTS, CONTINGENCIES (Note 11)
STOCKHOLDERS’ EQUITY (DEFICIT):    
Convertible Preferred Series A, $.00067 Par Value, 50,000,000 Shares Authorized, -no Shares Issued and Outstanding, at December 31, 2017 and March 31, 2018
Common stock, $.00067 Par Value, 200,000,000 Shares Authorized, 104,164,465 and 106,406,584 Shares Issued, at December 31, 2017 and March 31, 2018 71,421 69,871
Additional paid-in capital 98,605,285 97,093,144
Accumulated deficit (103,825,209) (101,204,846)
Accumulated other comprehensive loss (54,840) (62,489)
Total Biolargo, Inc. and Subsidiaries stockholders’ equity (deficit) (5,203,343) (4,104,320)
Non-controlling interest (Note 9) 588,055 694,699
Total stockholders’ equity (deficit) (4,615,288) (3,409,621)
Total liabilities and stockholders’ equity (deficit) $ 1,455,121 $ 1,495,420