Company: BSFC
Filing Date: 2025-08-19
Form Type: 10-Q
Source: 0001493152-25-012137
Chunk: 44

Company: Blue Star Foods Corp.
Filing Date: 2025-08-19
Form: 10-Q
Item: Part I, Item 1
Chunk 44
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 (20,000) 
     (25,835)
  
    Accounts payable  
     302,703  
     (279,651)
  
    Accrued expenses 
     146,410 
     117,542 
  
    Accrued compensation 
     270,000  
     - 
  
    Customer refunds  
     (23,044) 
     (82,388)
  
    Net Cash (Used in) Operating Activities  
     (188,245) 
     (2,639,077)

    CASH FLOWS FROM INVESTING ACTIVITIES:  

    Purchases of fixed assets  
     (9,914) 
     (57,797)
  
    Net Cash (Used in) Investing Activities  
     (9,914) 
     (57,797)

    CASH FLOWS FROM FINANCING ACTIVITIES:  

    Proceeds from common stock offering  
     19,950  
     2,160,765 
  
    Proceeds from short-term loan  
     550,000  
     1,357,491 
  
    Repayments of short-term loan  
     (560,788) 
     (746,626)
  
    Repayments of related party notes payable  
     -  
     (121,582)
  
    Net Cash Provided by Financing Activities  
     9,162  
     2,650,048 

    Effect of Exchange Rate Changes on Cash  
     (91,881) 
     95,773 

    NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS  
     (280,878) 
     48,947 

    CASH AND CASH EQUIVALENTS – BEGINNING OF PERIOD  
     326,854  
     24,163 

    CASH AND CASH EQUIVALENTS – END OF PERIOD  
    $45,976  
    $73,110 

    Supplemental Disclosure of Cash Flow Information  

    Cash paid for interest  
    $113,729  
    $311,075 

    SUPPLEMENTAL DISCLOSURE OF NON-CASH ACTIVITIES  

    Common stock issued for partial settlement of note payable