BNET · Bion Environmental Technologies Inc
$0.18
+0.01 (+5.88%)
At close · Aug 14
Going-concern doubt
— flagged May 15, 2026
Substantial doubt about the company's ability to continue as a going concern.
“The Report of our Independent Registered Public Accounting Firm on the Company's consolidated financial statements as of and for the year ended June 30, 2025 includes a "going concern" explanatory paragraph which means that the auditors stated that conditions exist that raise substantial doubt about the Company's ability to continue as a going concern.”View the 10-Q filed May 15, 2026
Market Cap
$10.33M
Shares
57.41M
Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.
Fiscal 2021
| Executive | Role | Total |
|---|---|---|
| Mark A. Smith | President and Chief Financial Officer Since March 25, 2003, Director Brightcap/Dominic Bassani Chief Executive Officer | $506,960 |
| Edward T. Schafer | Executive Vice Chairman and Director Includes compensation paid by Bion Environmental Technologies, Inc. and our wholly owned subsidiaries. | $55,500 |
Fiscal 2020
| Executive | Role | Total |
|---|---|---|
| Mark A. Smith | President and Chief Financial Officer Since March 25, 2003, Director Brightcap/Dominic Bassani Chief Executive Officer | $331,000 |
| Edward T. Schafer | Executive Vice Chairman and Director Includes compensation paid by Bion Environmental Technologies, Inc. and our wholly owned subsidiaries. | $33,250 |
Executive changes
| Person | Role | Change | Filed |
|---|---|---|---|
| Turk Stovall | Board of Directors | Resigned | 2025-05-30 |
| Stephen Posner | member of the Board | Appointed | 2025-05-30 |
| Edward Schafer | member of the Board of Directors | Retired | 2025-01-06 |
| Stephen Craig Scott | Interim CEO | Appointed | 2024-08-02 |
| Mark A. Smith | Director, President, Interim Chief Financial Officer and General Counsel | Retired | 2024-08-02 |
| Mark A. Smith | General Counsel | Retired | 2024-07-03 |
| Mark A. Smith | Interim Chief Financial Officer | Retired | 2024-07-03 |
| Mark A. Smith | President | Retired | 2024-07-03 |
| Mark A. Smith | Director | Retired | 2024-07-03 |
| Bob Weerts | Board of Directors | Appointed | 2024-07-03 |
| Turk Stovall | Board of Directors | Appointed | 2024-07-03 |
| Turk Stovall | head of Bion's beef activities | Appointed | 2024-06-20 |
| Turk Stovall | Board of Directors | Appointed | 2024-06-20 |
| S. Craig Scott | Director | Appointed | 2024-06-04 |
| William O'Neill | Director | Resigned | 2024-06-04 |
| William O'Neill | Chief Executive Officer | Resigned | 2024-06-04 |
| Dominic Bassani | Chief Operating Officer | Appointed | 2022-05-03 |
| William O'Neill | Chief Executive Officer | Appointed | 2022-05-03 |
| Edward T. Schafer | Director | Appointed | 2022-04-12 |
| Jon Northrop | Director | Appointed | 2022-04-12 |
| Mark A. Smith | Director | Appointed | 2022-04-12 |