For the quarter ending 2025-09-30, BSFC has $1,274,283 in assets. $2,974,056 in debts. $82,770 in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | 2025-03-31 | |
|---|---|---|---|---|
| Cash and cash equivalents | 82,770 | 45,976 | 23,049 | |
| Accounts receivable, net of allowances and credit losses of 24,330 and 33,880 | 97,240 | 344,309 | 455,518 | |
| Inventory | 117,266 | 248,995 | 342,825 | |
| Other current assets | 602,522 | 455,006 | 932,810 | |
| Advance to related party-Related Party | 130,925 | 110,266 | - | |
| Total current assets | 1,030,723 | 1,204,552 | 1,754,202 | |
| Fixed assets, gross | 176,795 | - | - | |
| Less accumulated depreciation | 63,288 | - | - | |
| Fixed assets, net | 113,506 | 119,878 | 126,389 | |
| Right of use asset-related party-Related Party | 59,095 | 69,114 | - | |
| Other assets | 70,959 | 78,297 | 95,328 | |
| Right of use asset | - | - | 74,599 | |
| Total assets | 1,274,283 | 1,471,841 | 2,050,518 | |
| Derivative liability | - | 19,629 | 35,475 | |
| Customer refunds | - | 33,855 | 23,510 | |
| Accounts payable | 492,901 | 599,824 | - | |
| Accrued expenses | 317,021 | 281,532 | - | |
| Accrued compensation | 405,000 | 270,000 | - | |
| Current maturities of lease liabilities | - | - | 36,035 | |
| Current maturities of lease liabilities related party-Related Party | 38,758 | 38,553 | - | |
| Loan payable | 650,861 | 723,899 | 592,194 | |
| Accounts payable and accruals | - | - | 963,428 | |
| Other current liabilities | 790,881 | 790,881 | 790,881 | |
| Total current liabilities | 2,695,422 | 2,758,173 | 2,441,523 | |
| Lease liability, net of current portion | - | - | 38,564 | |
| Lease liability, net of current portion related party-Related Party | 20,337 | 30,561 | - | |
| Debt, net of current portion and discounts | 258,297 | 48,509 | 208,074 | |
| Total liabilities | 2,974,056 | 2,837,243 | 2,688,161 | |
| Common stock, 0.0001 par value, 500,000,000 shares authorized 20,517,325 shares issued and outstanding as of september 30, 2025, and 9,837,374 shares issued and outstanding as of december 31, 2024 | 2,042 | 1,673 | 1,616 | |
| Additional paid-in capital | 47,057,297 | 46,938,289 | 46,902,199 | |
| Accumulated other comprehensive loss | -60,856 | -88,074 | 24,014 | |
| Accumulated deficit | -48,621,933 | -48,140,967 | -47,489,149 | |
| Treasury stock, 151 shares as of september 30, 2025 and 151 shares as of december 31, 2024 | 76,323 | 76,323 | 76,323 | |
| Total stockholders equity | -1,699,773 | -1,365,402 | -637,643 | |
| Total liabilities and stockholders equity | 1,274,283 | 1,471,841 | 2,050,518 | |
Blue Star Foods Corp. (BSFC)
Blue Star Foods Corp. (BSFC)