Company: GRPS
Filing Date: 2025-07-17
Form Type: 10-Q
Source: 0001683168-25-005208
Chunk: 0

Company: Trans American Aquaculture, Inc
Filing Date: 2025-07-17
Form: 10-Q
Item: Part I, Item 1
Chunk 0
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Trans American Aquaculture, Inc.

(Formerly Gold River Productions, Inc.)

Consolidated Balance Sheets

    Unaudited  
    Audited 

    March 31,  
     December 31, 

    2025  
    2024 
  
    ASSETS 

    CURRENT ASSETS 

    Cash and cash equivalents 
    $6,694  
    $– 
  
    Other receivable 
     26,480  
     26,480 
  
    Inventory 
     264,869  
     230,830 
  
    Other Asset 
     –  
     – 
  
    TOTAL CURRENT ASSETS 
     298,043  
     257,310 

    PROPERTY AND EQUIPMENT 
     1,237,992  
     1,237,992 
  
    Less accumulated depreciation 
     (547,287) 
     (547,287)
  
    NET PROPERTY AND EQUIPMENT 
     690,705  
     690,705 

    TOTAL ASSETS 
    $988,748  
    $948,015 

    LIABILITIES AND STOCKHOLDERS’ EQUITY 

    CURRENT LIABILITIES 

    Bank overdraft 
    $–  
    $1,000 
  
    Accounts payable 
     530,776  
     530,776 
  
    Accrued interest expense 
     153,090  
     114,568 
  
    Other accrued expenses 
     815,847  
     753,870 
  
    Income tax payable 
     –  
     – 
  
    Related parties notes 
     1,671,936  
     1,646,636 
  
    Current portion of notes payable 
     562,063  
     562,063 
  
    TOTAL CURRENT LIABILITIES 
     3,733,711  
     3,608,912 

    LONG-TERM LIABILITIES 

    Notes payable, net of current portion 
     560,870  
     561,087 
  
    Deferred tax liability, net 
     –  
     - 
  
    TOTAL LONG-TERM LIABILITIES 
     560,870  
     561,087 

    STOCKHOLDERS’ (DEFICIT) EQUITY