Company: GRPS
Filing Date: 2025-10-15
Form Type: 10-Q
Source: 0001683168-25-007573
Chunk: 0

Company: Trans American Aquaculture, Inc
Filing Date: 2025-10-15
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  

    June 30,  
    December 31, 

    2025  
    2024 
  
    ASSETS 

    CURRENT ASSETS 

    Cash and cash equivalents 
    $198  
    $– 
  
    Other receivable 
     –  
     26,480 
  
    Inventory 
     302,409  
     230,830 
  
    Other Asset 
     716  
     – 
  
    TOTAL CURRENT ASSETS 
     303,323  
     257,310 

    PROPERTY AND EQUIPMENT 
     1,237,992  
     1,237,992 
  
    Less accumulated depreciation 
     (460,812) 
     (547,287)
  
    NET PROPERTY AND EQUIPMENT 
     777,180  
     690,705 

    TOTAL ASSETS 
    $1,080,503  
    $948,015 

    LIABILITIES AND STOCKHOLDERS' EQUITY 

    CURRENT LIABILITIES 

    Bank overdraft 
    $–  
    $1,000 
  
    Accounts payable 
     751,883  
     530,776 
  
    Accrued interest expense 
     850,388  
     114,568 
  
    Other accrued expenses 
     918,693  
     753,870 
  
    Income tax payable 
     –  
     – 
  
    Related parties notes 
     1,459,343  
     1,646,636 
  
    Current portion of notes payable 
     673,722  
     562,063 
  
    TOTAL CURRENT LIABILITIES 
     4,654,029  
     3,608,912 

    LONG-TERM LIABILITIES 

    Notes payable, net of current portion 
     145,680  
     561,087 
  
    Deferred tax liability, net 
     –  
     – 
  
    TOTAL LONG-TERM LIABILITIES 
     145,680  
     561,087 

    STOCKHOLDERS' (DEFICIT) EQUITY 

    Common stock, $.000