Company: BSFC
Filing Date: 2025-06-23
Form Type: 10-K
Source: 0001641172-25-015976
Chunk: 645

Company: Blue Star Foods Corp.
Filing Date: 2025-06-23
Form: 10-K
Item: Item 1B
Chunk 645
---
1,047,049 
  
    Warrants liability 
     -  
     1,574 
  
    Other current liabilities 
     790,881  
     790,881 
  
    Total Current Liabilities 
     2,644,974  
     3,196,661 
  
    LONG-TERM LIABILITIES 

    Lease liability, net of current portion 
     48,457  
     89,586 
  
    Debt, net of current portion and discounts 
     52,865  
     481,329 
  
    TOTAL LIABILITIES 
     2,746,296  
     3,767,576 
  
    STOCKHOLDERS’ EQUITY 

    Series A 8% cumulative convertible preferred stock, $0.0001 par value; 10,000 shares authorized, 0 shares issued and outstanding as of December 31, 2024, and 0 shares issued and outstanding as of December 31, 2023 
     -  
     - 
  
    Common stock, $0.0001 par value, 100,000,000 shares authorized; 9,837,374 shares issued and outstanding as of December 31, 2024, and 461,722 shares issued and outstanding as of December 31, 2023 
     974  
     46 
  
    Additional paid-in capital 
     46,167,697  
     36,661,926 
  
    Accumulated other comprehensive loss 
     5,174  
     (179,995)
  
    Accumulated deficit 
     (46,289,219) 
     (33,810,732)
  
    Treasury stock, 151 shares as of December 31, 2024 and 151 shares as of December 31, 2023 
     (76,323) 
     (76,323)
  
    TOTAL STOCKHOLDERS’ EQUITY 
     (191,697) 
     2,594,922 
  
    TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY 
    $2,554,599  
    $6,362,498 

The
accompanying notes are an integral part of these audited consolidated financial statements

F-2

Blue
Star Foods Corp.

CONSOLIDATED
STATEMENTS OF OPERATIONS