Company: GRPS
Filing Date: 2025-07-17
Form Type: 10-K
Source: 0001683168-25-005173
Chunk: 494

Company: Trans American Aquaculture, Inc
Filing Date: 2025-07-17
Form: 10-K
Item: Item 7
Chunk 494
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 Texas

July 2, 2024

 F-4 

    Trans American Aquaculture, Inc.
  
    (Formerly Gold River Productions, Inc.)

    Consolidated Balance Sheets

    December 31,  
    December 31,  
    December 31, 

    2024  
    2023  
    2022 
  
    ASSETS 

    CURRENT ASSETS 

    Cash and cash equivalents 
    $–  
    $6,600  
    $– 
  
    Other receivable 
     26,480  
     –  
     46,038 
  
    Inventory 
     230,830  
     247,393  
     161,560 
  
    TOTAL CURRENT ASSETS 
     257,310  
     253,993  
     207,598 

    PROPERTY AND EQUIPMENT 
     1,237,992  
     7,935,824  
     7,920,692 
  
    Less accumulated depreciation 
     (547,287) 
     (527,827) 
     (457,920)
  
    NET PROPERTY AND EQUIPMENT 
     690,705  
     7,407,997  
     7,462,772 

    TOTAL ASSETS 
    $948,015  
    $7,661,990  
    $7,670,370 

    LIABILITIES AND STOCKHOLDERS' EQUITY 

    CURRENT LIABILITIES 

    Bank overdraft 
    $1,000  
    $–  
    $288 
  
    Accounts payable 
     530,776  
     403,731  
     223,476 
  
    Accrued interest expense 
     114,568  
     789,265  
     446,870 
  
    Other accrued expenses 
     753,870  
     345,825  
     138,532 
  
    Income tax payable 
     –  
     –  
     46,038 
  
    Related parties notes 
     1,646,636  
     1,667,985  
     1,516,025 
  
    Current portion of notes payable 
     562,063  
     525,609