Multiclavula mucida
See Multiclavula mucida at
Fungi Growing on Wood
This tiny coral fungus (1-1.5 cm) is always associated with algae.  
Multiclavula mucida can be found growing from deciduous and coniferous
logs that have no bark.  Also found growing fro
m damp, algae covered soil.
multiclavula mucida
multiclavula mucida
multiclavula mucida
multiclavula mucida