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Item 2 — Management's Discussion and Analysis
Blue Biofuels, Inc. · 10-Q · Q2 FY2026 · Period ended Jun 30, 2026
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Forward-Looking
Statements
This
quarterly report contains forward-looking statements and information relating to the Company that are based on the beliefs of its management
as well as assumptions made by, and information currently available to, its management. When used in this report, the words “believe,”
“anticipate,” “expect,” “estimate,” “intend”, “plan” and similar expressions,
as they relate to the Company or its management, are intended to identify forward-looking statements. These statements reflect management’s
current view of the Company concerning future events and are subject to certain risks, uncertainties and assumptions, including among
many others: a general economic downturn; a downturn in the securities markets; federal or state laws or regulations having an adverse
effect on proposed transactions that the Company desires to effect; Securities and Exchange Commission regulations which affect trading
in the securities of “penny stocks”; and other risks and uncertainties. Some of those risks and uncertainties include the
risk factors set forth in this report and our Annual Report on Form 10-K for the fiscal year ended December 31, 2025. Should any of these
risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described
in this report as anticipated, estimated or expected. The accompanying information contained in this financial statement identifies important
additional factors that could materially adversely affect actual results and performance. You are urged to carefully consider these factors.
All forward-looking statements attributable to the Company are expressly qualified in their entirety by the foregoing cautionary statement.