Company: BSFC
Filing Date: 2025-03-05
Form Type: S-1
Source: 0001493152-25-009166
Chunk: 165

Company: Blue Star Foods Corp.
Filing Date: 2025-03-05
Form: S-1
Chunk 165
---
48,640 |     |        |  5 |     |            |    281,384 |     |             | -           |   |     |               |        - |   |     |          | -       |   |     |               |    281,389 |   |
| Net Loss                                      |     |                                    | - |     |        | - |     |                        |       - |     |        |  - |     |            |          - |     |             | (445,813    | ) |     |               |        - |   |     |          | -       |   |     |               |   (445,813 | ) |
| Cumulative translation adjustment             |     |                                    | - |     |        | - |     |                        |       - |     |        |  - |     |            |          - |     |             | -           |   |     |               |   25,573 |   |     |          |         |   |     |               |     25,573 |   |
| September 30, 2023                            |     |                                    | - |     | $      | - |     |                        | 119,399 |     | $      | 11 |     | $          | 33,908,125 |     | $           | (33,188,070 | ) |     | $             | (161,450 | ) |     | $        | (76,323 | ) |     | $             |    482,293 |   |
| Balance                                       |     |                                    | - |     | $      | - |     |                        | 119,399 |     | $      | 11 |     | $          | 33,908,125 |     | $           | (33,188,070 | ) |     | $             | (161,450 | ) |     | $        | (76,323 | ) |     | $             |    482,293 |   |

<div align='center'>The accompanying notes are an integral part of these unaudited consolidated financial statements</div>

| F-31 |

<div align='center'>Blue Star Foods Corp.

CONSOLIDATED STATEMENTS OF CASH FLOWS

(UNAUDITED)</div>

| CASH FLOWS FROM OPERATING ACTIVITIES:            
 Net Loss                                         
 Adjustments to reconcile net loss to net cash    
 (used in) operating