Bion Environmental Technologies Inc.'s ("Bion," "Company," "We," "Us," or "Our") patented and proprietary technology provides comprehensive environmental solutions to a significant source of pollution in U.S. agriculture: large-scale livestock production facilities (also known as “Concentrated Animal Feeding Operations” or ”CAFOs"). Application of our technology and technology platform can simultaneously remediate environmental problems and improve operational/resource efficiencies by recovering value high-value co-products from the CAFOs’ waste stream that has traditionally been wasted or underutilized including renewable energy, nutrients (nitrogen and phosphorus) and clean water.
Company profile
Ticker
BNET
Exchange
Website
CEO
Dominic Bassani
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
RSTS CORP
SEC CIK
Corporate docs
IRS number
841176672
BNET stock data
Latest filings (excl ownership)
8-K
Bion Announces Voluntary Share Surrender
3 Apr 24
8-K
Regulation FD Disclosure
14 Mar 24
10-Q
2024 Q2
Quarterly report
14 Feb 24
D
$6.00 mm in equity / options, sold $10.00 k, 1 investor
1 Feb 24
8-K
Bion’s New Patent Expands Coverage to Industrial and Municipal Waste Streams
17 Jan 24
8-K
Regulation FD Disclosure
5 Jan 24
D
$300.00 k in equity / options, sold $300.00 k, 1 investor
2 Jan 24
D
$6.00 mm in equity / options, sold $75.00 k, 1 investor
27 Dec 23
8-K
Senior Agronomy Executive Chris Cook Joins Bion’s Advisory Group
21 Dec 23
8-K
Food Service Executive Steve Sands Joins Bion’s Advisory Group
5 Dec 23
Financial summary
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Annual (USD) | Jun 23 | Jun 22 | Jun 21 | Jun 20 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 140.35 k | 140.35 k | 140.35 k | 140.35 k | 140.35 k | 140.35 k |
Cash burn (monthly) | 161.87 k | 146.47 k | 225.01 k | 244.69 k | 131.82 k | 167.34 k |
Cash used (since last report) | 1.11 mm | 1.01 mm | 1.55 mm | 1.68 mm | 907.40 k | 1.15 mm |
Cash remaining | -973.95 k | -867.93 k | -1.41 mm | -1.54 mm | -767.05 k | -1.01 mm |
Runway (months of cash) | -6.0 | -5.9 | -6.3 | -6.3 | -5.8 | -6.0 |
Institutional ownership, Q2 2023
13F holders | Current |
---|---|
Total holders | 0 |
Opened positions | 0 |
Closed positions | 1 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 0.00 |
Total shares | 0.00 |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Apr 24 | Smith Mark A | Common Stock | Grant | Dispose A | No | No | 0 | 4,847 | 0.00 | 4,421,102 |
1 Apr 24 | Smith Mark A | Options )right to buy) Common Stock | Sale back to company | Dispose D | No | No | 0 | 2,425,000 | 0.00 | 60,134 |
1 Apr 24 | Smith Mark A | Deferred Compensation Common Stock | Sale back to company | Dispose D | No | No | 0.75 | 75,000 | 56.25 k | 60,134 |
31 Mar 24 | Smith Mark A | 2020 non-adjusted Convertible Obligation Common Stock | Conversion | Acquire C | No | No | 0.5 | - | 119.90 k | 239,808 |
23 Jan 24 | Smith Mark A | Common Stock | Option exercise | Acquire M | Yes | No | 0 | 85,354 | 0.00 | 85,354 |
23 Jan 24 | Smith Mark A | Common Stock | Option exercise | Acquire M | No | No | 0 | 2,439,426 | 0.00 | 4,416,255 |
23 Jan 24 | Smith Mark A | Class FEB2021-2 Common Stock | Option exercise | Dispose M | Yes | No | 0.75 | 100,001 | 75.00 k | 0 |
23 Jan 24 | Smith Mark A | Class MAS Various Warrants Common Stock | Option exercise | Dispose M | No | No | 0.75 | 820,209 | 615.16 k | 0 |
23 Jan 24 | Smith Mark A | Class MAS Various Warrants Common Stock | Option exercise | Dispose M | No | No | 0.75 | 106,500 | 79.88 k | 0 |
23 Jan 24 | Smith Mark A | Class MAS Various Warrants Common Stock | Option exercise | Dispose M | No | No | 0.75 | 1,600,487 | 1.20 mm | 0 |