Company: GRPS
Filing Date: 2025-07-17
Form Type: 10-K
Source: 0001683168-25-005173
Chunk: 763

Company: Trans American Aquaculture, Inc
Filing Date: 2025-07-17
Form: 10-K
Item: Item 10
Chunk 763
---
 in capital - common stock 
     99,980  
     99,980  
     – 
  
    Additional paid in capital - preferred stock (Series C) 
     1,317,467  
     1,287,091  
     1,287,091 
  
    Additional paid in capital - preferred stock (Series D) 
     1,036,135  
     1,076,863  
     – 
  
    Accumulated deficit 
     (5,675,567) 
     (2,866,673) 
     (922,817)
  
    TOTAL STOCKHOLDERS' (DEFICIT) EQUITY 
     (3,221,985) 
     (402,719) 
     364,274 

    TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 
    $948,015  
    $7,661,990  
    $7,670,370 

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

 F-5 

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

    Consolidated Statements of Operations

    For the year ended 

    December 31, 

    2024  
    2023  
    2022  
    2021 

    REVENUES 

    Sales and service 
    $331,645  
    $101,574  
    $49,001  
    $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)