BIOF · Blue Biofuels, Inc.
$0.11
+0.00 (+0.92%)
At close · Jul 21
Going-concern doubt
— flagged May 4, 2026
Substantial doubt about the company's ability to continue as a going concern.
“As of March 31, 2026, the Company had a working capital deficit of $3,098,898 and had incurred accumulated losses of $60,794,163 since its inception. The Company expects to incur significant additional losses in connection with its continued start-up activities. As a result, there is substantial doubt about the Company's ability to continue as a going concern based upon recurring operating losses and its need to obtain additional financing to sustain operations.”View the 10-Q filed May 4, 2026
Market Cap
$35.30M
Shares
320.95M
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