BLUE BIOFUELS, INC.
BIOF · Industrial Organic Chemicals · 320.9M shares · +1%/yr ↑ shares · EDGAR filings ↗
Grade
F37Pre-commercial cellulosic-biofuel developer with essentially no operating revenue and almost no cash.
Strengths
- Patented CTS technology and DOE-grant-validated pilot plant; Vertimass SAF license/JV optionality
- Positive reported net-income growth — but driven by a one-off debt-extinguishment gain, not operations
Risks
- Cash of $65K and runway 0.3 quarters (5th–9th pct); current ratio 0.026 — acutely illiquid
- ROA -204% and no core-business revenue; commercialization needs unsecured project financing
Notable findings
- Auditor changeRecent 8-K item 4.01 8-K ↗
- Cash burnNegative free cash flow (-0.9M)
- Weak liquidityCurrent ratio 0.03 (<1)
Key metrics
Return on equity
77.6%
Return on assets
-204.3%
Current ratio
0.0×
Free cash flow
-$914K
EBITDA
-$4M
Tangible book value
-$4M
Cash & investments
$65K
Cash runway
0q
Notable events (8-K)
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-09 | 2026-06-08 | 0001493152-26-027806 ↗ |
| 10-Q | 2026-05-04 | 2026-03-31 | 0001493152-26-021038 ↗ |
| 10-K | 2026-03-19 | 2025-12-31 | 0001493152-26-011555 ↗ |
| 10-Q | 2025-10-23 | 2025-09-30 | 0001493152-25-019032 ↗ |
| 10-Q | 2025-07-31 | 2025-06-30 | 0001641172-25-021604 ↗ |
| 10-Q | 2025-04-30 | 2025-03-31 | 0001641172-25-007701 ↗ |
| 10-K | 2025-03-19 | 2024-12-31 | 0001493152-25-010854 ↗ |
| 10-Q | 2024-11-04 | 2024-09-30 | 0001493152-24-043492 ↗ |
| 10-Q | 2024-08-08 | 2024-06-30 | 0001493152-24-030699 ↗ |
| 10-K/A | 2024-07-24 | 2023-12-31 | 0001493152-24-028893 ↗ |
| 10-Q/A | 2024-05-20 | 2024-03-31 | 0001493152-24-020621 ↗ |
| 8-K | 2024-05-17 | 2024-05-16 | 0001493152-24-020433 ↗ |