Every 10-Q that BION ENVIR TECHS INC (BNET) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow BNET and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full BNET filings page.
Bion Environmental Technologies remains a development-stage company with no revenue and ongoing losses. For the quarter ended March 31, 2026, it reported a net loss of $423,584, and a year‑to‑date loss of $1,360,034, modestly improved from the prior year.
Cash was only $43,553 versus current liabilities of $6,663,860, and total equity was a deficit of $6,592,782, leading management to state there is substantial doubt about its ability to continue as a going concern. The company relies on deferred compensation, related‑party and shareholder funding, and multiple convertible notes, many maturing June 30, 2026.
Bion is pivoting from large integrated livestock projects to faster “bolt‑on” ammonia recovery solutions for biogas and industrial wastewater facilities, but expects each project to cost more than $8 million. Management plans to raise $3–10 million or more in new capital plus additional project financing, and faces litigation over roughly $1.49 million in unpaid construction invoices for its Fair Oaks demonstration facility.
Bion Environmental Technologies, Inc. filed a quarterly report showing it remains a pre‑revenue company with ongoing losses and severe liquidity pressure. For the six months ended December 31, 2025, Bion reported no revenue and a net loss of $936,450, an improvement from $1,545,989 a year earlier.
Cash was only $6,313 against current liabilities of $6,274,221, resulting in a total equity deficit of $6,239,580 and a stated “substantial doubt” about its ability to continue as a going concern. Management is shifting focus from a large sustainable beef project to smaller bolt‑on ammonia recovery projects at existing biogas facilities, and expects to seek $3M–$10M or more in new financing plus about $8M in project funding for its initial ARS installation, which may be dilutive. The company is also facing construction-related litigation seeking about $1.49M, included in accounts payable.
Bion Environmental Technologies (BNET) filed its Q1 FY2026 10‑Q, reporting a net loss of $581,329 on zero revenue. Operating expenses were $476,547 and interest expense was $104,791, narrowing the loss from $1,171,636 a year ago.
The company disclosed substantial doubt about its ability to continue as a going concern. Cash was $27,689 against current liabilities of $5,960,528, and total stockholders’ deficit was $5,905,960. Net cash used in operations was $248,217, offset by $271,465 from financing activities.
Management shifted focus to faster‑to‑deploy, bolt‑on ammonia recovery (ARS) projects for industrial biogas facilities and plans to raise $3,000,000 to $10,000,000, plus about $8,000,000 in project financing per initial ARS project. To bridge liquidity, Bion raised $816,000 in shareholder notes and has a BLG secured note bearing 9% interest, maturing January 15, 2026.
Capital structure was simplified via September 2025 settlements that issued 8,101,746 common shares and eliminated instruments that could have added up to 22,498,405 shares, a net reduction of about 14,369,659 fully diluted shares. As of November 1, 2025, common shares outstanding were 56,891,856.