Company: BSFC
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001493152-25-021887
Chunk: 2

Company: Blue Star Foods Corp.
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 1
Chunk 2
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,274,283  
    $2,554,599 

The
accompanying notes are an integral part of these unaudited consolidated financial statements

4

Blue
Star Foods Corp.

CONSOLIDATED
STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS

(UNAUDITED)

    Three months ended September 30  
    Nine months ended September 30 

    2025  
    2024  
    2025  
    2024 
  
    REVENUE, NET 
    $462,260  
    $259,779  
    $2,595,358  
    $1,954,152 

    COST OF REVENUE 
     34,444  
     551,116  
     1,823,208  
     2,237,620 

    GROSS PROFIT 
     427,816  
     (291,337) 
     772,150  
     (283,468)

    COMMISSIONS 
     425  
     -  
     885  
     4,221 
  
    SALARIES AND WAGES 
     239,299  
     268,530  
     842,809  
     875,780 
  
    DIRECTORS COMPENSATION 
     138,012  
     3,012  
     414,036  
     (6,999)
  
    DEPRECIATION AND AMORTIZATION 
     6,269  
     1,535  
     19,587  
     4,211 
  
    OTHER OPERATING EXPENSES [1] 
     456,599  
     2,077,793  
     1,373,017  
     3,393,594 

    LOSS FROM OPERATIONS 
     (412,788) 
     (2,642,207) 
     (1,878,184) 
     (4,554,275)

    OTHER INCOME (LOSS) 
     68,531  
     18  
     73,280  
     49,680 
  
    LOSS ON SETTLEMENT OF DEBT 
     (52,205) 
     -  
     (93,271) 
     -