For the year ending 2025-12-31, BSFC has $1,386,234 in assets. $3,742,736 in debts. $14,436 in cash and cash equivalents.
| Balance Sheets | 2025-12-31 | |||
|---|---|---|---|---|
| Cash and cash equivalents | 14,436 | |||
| Accounts receivable, net of allowances and credit losses of 24,117 and 38,880 | 55,091 | |||
| Inventory, net | 404,979 | |||
| Other current assets | 594,220 | |||
| Advance to related party | 91,925 | |||
| Total current assets | 1,160,651 | |||
| Fixed assets, gross | 176,381 | |||
| Less accumulated depreciation and impairment | 70,231 | |||
| Fixed assets, net | 106,150 | |||
| Right of use asset | 50,097 | |||
| Other assets | 69,336 | |||
| Total assets | 1,386,234 | |||
| Accounts payables | 538,635 | |||
| Accrued expense | 355,283 | |||
| Accrued compensation | 480,000 | |||
| Convertible notes, net of debt discounts | 55,500 | |||
| Convertible notes, at fair value | 1,822,102 | |||
| Current maturities of lease liabilities | 39,577 | |||
| Loan payable, net of non-current portion | 364,254 | |||
| Other current liabilities | 33,367 | |||
| Total current liabilities | 3,688,718 | |||
| Lease liability, net of current portion | 10,520 | |||
| Loan payable, net of current portion | 43,498 | |||
| Total liabilities | 3,742,736 | |||
| Series a super-voting convertible preferred stock, 0.0001 par value 5,000,000 shares authorized, 1,000,000 shares issued and outstanding as of december 31, 2025, and 0 shares issued and outstanding as of december 31, 2024 | 100 | |||
| Common stock, 0.0001 par value, 500,000,000 shares authorized 91,631,956 shares issued and outstanding as of december 31, 2025, and 9,837,374 shares issued and outstanding as of december 31, 2024 | 9,154 | |||
| Additional paid-in capital | 47,649,570 | |||
| Accumulated other comprehensive loss | -67,171 | |||
| Accumulated deficit | -49,871,732 | |||
| Stock subscription receivable | -100 | |||
| Treasury stock, 151 shares as of december 31, 2025 and 151 shares as of december 31, 2024 | 76,323 | |||
| Total stockholders equity | -2,356,502 | |||
| Total liabilities and stockholders equity | 1,386,234 | |||