Company: BSFC
Filing Date: 2025-08-19
Form Type: 10-Q
Source: 0001493152-25-012137
Chunk: 40

Company: Blue Star Foods Corp.
Filing Date: 2025-08-19
Form: 10-Q
Item: Part I, Item 1
Chunk 40
---

     (41,066) 
     - 
  
    CHANGE IN FAIR VALUE OF DERIVATIVE AND WARRANT LIABILITIES 
     15,846  
     (327,122) 
     29,936  
     (244,486)
  
    INTEREST EXPENSE 
     (171,923) 
     (871,249) 
     (379,971) 
     (1,206,316)

    NET LOSS 
     (651,818) 
     (2,033,757) 
     (1,851,748) 
     (3,313,209)

    NET LOSS ATTRIBUTABLE TO COMMON SHAREHOLDERS 
    $(651,818) 
    $(2,033,757) 
    $(1,851,748) 
    $(3,313,209)

    COMPREHENSIVE LOSS: 

    CHANGE IN FOREIGN CURRENCY
                                                                          TRANSLATION ADJUSTMENT 
     (112,088) 
     18,789  
     (93,248) 
     96,822 

      .     

    COMPREHENSIVE LOSS 
    $(763,906) 
    $(2,014,968) 
    $(1,944,996) 
    $(3,216,387)

    Loss per common share: 

    Net loss per common share - basis and diluted 
    $(0.04) 
    $(1.68) 
    $(0.12) 
    $(3.82)
  
    Weighted average common shares outstanding - basic and diluted 
     16,640,461  
     1,209,792  
     15,552,678  
     866,510 

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

[1]Includes
                                            $22,900 and $26,700 from a related party for the six months ended June 30, 2025 and 2024,
                                            respectively.

5

Blue
Star Foods Corp.

CONSOLIDATED
STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY (DEFICIT) (UNAUDITED)

SIX
MONTHS ENDED JUNE 30, 2025 AND 2024

    Series A Preferred Stock $.0001 par value  
    Common Stock