Company: BSFC
Filing Date: 2025-03-05
Form Type: S-1
Source: 0001493152-25-009166
Chunk: 174

Company: Blue Star Foods Corp.
Filing Date: 2025-03-05
Form: S-1
Chunk 174
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----------------------------|:----|:----------|-------:|
| Assets                      |     |           |        |
| Operating lease assets      |     | $         | 97,286 |
| Liabilities                 |     |           |        |
| Current                     |     |           |        |
| Operating lease liabilities |     | $         | 36,915 |
| Noncurrent                  |     |           |        |
| Operating lease liabilities |     | $         | 60,371 |

| F-36 |

Supplemental cash flow information related to leases were as follows:

Schedule of Supplemental Cash Flow Information Related to Leases

|                                                   |     | Nine                   
 Months Ended September 
 30, 2024               |        |
|:--------------------------------------------------|:----|:-----------------------|-------:|
| Cash paid for amounts included in the measurement 
 of lease liabilities:                             |     |                        |        |
| Operating cash                                    
 flows from operating leases                       |     | $                      | 27,728 |
| ROU assets recognized in exchange for lease       
 obligations:                                      |     |                        |        |
| Operating leases                                  |     | $                      |      - |

The table below presents the remaining lease term and discount rates for operating leases.

Schedule of Remaining Lease Term and Discount Rates for Operating Leases

|                            |     | September 
 30, 2024  |       |   |
|:---------------------------|:----|:----------|------:|:--|
| Weighted-average remaining 
 lease term                 |     |           |       |   |
| Operating leases           |     |           |  2.50 
 years |   |
| Weighted-average discount  
 rate                       |     |           |       |   |
| Operating leases           |     |           |   7.3 | % |

Maturities of lease liabilities as of September 30, 2024 were as follows:

Schedule of Maturities of Lease Liabilities

| 2024 (three months remaining)  
 2025                           
 2026                           
 2027                           
 Total lease payments           
 Less: amount of lease          
 payments representing interest |     | Operating Leases |  10,984 
  43,934 
  43,934 
  10,983 
 109,835 
 (12,549 | ) |
|:-------------------------------|:----|:-----------------|--------:|:--|
| Present value of               
 future minimum lease payments  |