Company: GRPS
Filing Date: 2025-07-17
Form Type: 10-K
Source: 0001683168-25-005173
Chunk: 148

Company: Trans American Aquaculture, Inc
Filing Date: 2025-07-17
Form: 10-K
Item: Item 1B
Chunk 148
---
    $316,112 

    COST OF REVENUES 

    Cost of revenues 
     321,615  
     661,591  
     287,132  
     973,418 

    GROSS MARGIN 
     10,030  
     (560,018) 
     (238,131) 
     (657,306)

    GENERAL AND ADMINISTRATIVE EXPENSES 
     846,234  
     864,768  
     148,609  
     232,425 

    OTHER INCOME (EXPENSE) 

    Other income 
     90,667  
     1,750  
     1,745  
     32,447 
  
    Other expense 
     (1,585,392) 
     (8,841) 
     (25,440) 
     – 
  
    Interest expense 
     (477,964) 
     (490,053) 
     (485,446) 
     (544,544)

    TOTAL OTHER INCOME (EXPENSE) 
     (1,972,690) 
     (497,144) 
     (509,141) 
     (512,097)

    NET INCOME (LOSS) BEFORE TAXES 
     (2,808,894) 
     (1,921,930) 
     (895,881) 
     (1,401,828)

    INCOME TAX (EXPENSE) BENEFIT 
     –  
     26,937  
     (26,937) 
     – 

    NET INCOME (LOSS) 
    $(2,808,894) 
    $(1,894,993) 
    $(922,817) 
    $(1,401,828)

    Basic and Diluted Net loss per common share 
     (0.001555) 
     (0.001271) 
     (0.000713) 
     – 

    Weighted average common shares outstanding - basic 
     1,805,926,955  
     1,452,215,968  
     1,294,840,264  
     – 

The accompanying notes are an integral part
of these financial statements.

 F-6