BSFC on OTC
Blue Star Foods Corp.
Price unavailable
Last updated Oct 16, 2026.
Overview
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
40.5%Gross margin3
-80.9%Operating margin3
-123.9%Net margin3
-19.5%Revenue growth, 20253
-$684.5KFree cash flow3
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue60¢$1.7M
- Other costs25¢$723.4K
- Interest15¢$447.3K
Out of $2.9M in revenue.3 The company lost money this year.
Financial statements
Every line of the income statement in the latest annual report, as filed.3
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| REVENUE, NET | $2.9M | $3.6M |
| COST OF REVENUE | $1.7M | $4.9M |
| GROSS PROFIT | $1.2M | -$1.3M |
| COMMISSIONS | $885 | $4.5K |
| SALARIES AND WAGES | $1.1M | $1.1M |
| DIRECTOR COMPENSATION | $552.0K | $536.4K |
| DEPRECIATION AND AMORTIZATION | $27.0K | $5.9K |
| OTHER OPERATING EXPENSES | $1.9M | $7.1M |
| LOSS FROM OPERATIONS | -$2.3M | -$10.1M |
| OTHER INCOME | $890.9K | $51.9K |
| CHANGE IN FAIR VALUE OF DERIVATIVE LIABILITIES | $49.6K | -$354.3K |
| CHANGE IN FAIR VALUE OF CONVERTIBLE NOTES | -$1.3M | |
| LOSS ON SETTLEMENT OF DEBT | -$414.1K | |
| INTEREST EXPENSE | -$447.3K | -$2.1M |
| NET LOSS | -$3.6M | -$12.5M |
| NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS | -$3.6M | -$12.5M |
| CHANGE IN FOREIGN CURRENCY TRANSLATION ADJUSTMENT | -$72.3K | $185.2K |
| COMPREHENSIVE LOSS | -$3.7M | -$12.3M |
| Net loss per common share - diluted | -$0.10 | -$4.15 |
| Net loss per common share - diluted | -$0.10 | -$4.15 |
| Weighted average common shares outstanding - basic | 37.4M shares | 3.0M shares |
| Weighted average common shares outstanding - diluted | 37.4M shares | 3.0M shares |
Every line of the balance sheet in the latest annual report, as filed.3
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents | $14.4K | $326.9K | |
| Accounts receivable, net of allowances and credit losses of $24,117 and $38,880 | $55.1K | $349.6K | |
| Inventory, net | $405.0K | $447.8K | |
| Other current assets | $594.2K | $1.1M | |
| Total Current Assets | $1.2M | $2.2M | |
| FIXED ASSETS, net | $106.2K | $122.9K | |
| RIGHT OF USE ASSET | $50.1K | $84.1K | |
| OTHER ASSETS | $69.3K | $113.8K | |
| TOTAL ASSETS | $1.4M | $2.6M | |
| Accounts payables | $538.6K | $307.1K | |
| Accrued expense | $355.3K | $675.1K | |
| Accrued compensation | $480.0K | ||
| Customer refunds | $56.9K | ||
| Convertible notes, net of debt discounts | $55.5K | $671.0K | |
| Convertible notes, at fair value | $1.8M | ||
| Current maturities of lease liabilities | $39.6K | $35.7K | |
| Loan payable, net of non-current portion | $364.3K | $58.7K | |
| Derivative liability | $49.6K | ||
| Other current liabilities | $33.4K | $790.9K | |
| Total Current Liabilities | $3.7M | $2.6M | |
| Lease liability, net of current portion | $10.5K | $48.5K | |
| Loan payable, net of current portion | $43.5K | $52.9K | |
| TOTAL LIABILITIES | $3.7M | $2.7M | |
| Series A Super-Voting Convertible Preferred Stock, $0.0001 par value; 5,000,000 shares authorized, 1,000,000 shares issued and outstanding as of December 31, 2025, and 0 shares issued and outstanding as of December 31, 2024 | $100 | ||
| Common stock, $0.0001 par value, 500,000,000 shares authorized; 91,631,956 shares issued and outstanding as of December 31, 2025, and 9,837,374 shares issued and outstanding as of December 31, 2024 | $9.2K | $974 | |
| Additional paid-in capital | $47.6M | $46.2M | |
| Accumulated other comprehensive loss | -$67.2K | $5.2K | |
| Accumulated deficit | -$49.9M | -$46.3M | |
| Stock subscription receivable | -$100 | ||
| Treasury stock, 151 shares as of December 31, 2025 and 151 shares as of December 31, 2024 | -$76.3K | -$76.3K | |
| TOTAL STOCKHOLDERS EQUITY | -$2.4M | -$191.7K | $2.6M |
| TOTAL LIABILITIES AND STOCKHOLDERS EQUITY | $1.4M | $2.6M | |
| Allowance for doubtful accounts receivable current | $24.1K | $38.9K | |
| Common stock, par value | $0.00 | $0.00 | |
| Common stock, shares authorized | 500.0M shares | 500.0M shares | |
| Common stock, shares issued | 91.6M shares | 9.8M shares | |
| Common stock, shares outstanding | 91.6M shares | 9.8M shares | |
| Treasury stock, common shares | 151 shares | 151 shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow in the latest annual report, as filed.3
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net Loss | -$3.6M | -$12.5M |
| Stock based compensation | $3.8K | $3.0K |
| Common stock issued for service | $99.0K | $302.0K |
| Write-off of PPE | $276.9K | |
| Depreciation of fixed assets | $27.0K | $5.9K |
| Amortization of debt discounts | $168.2K | $1.2M |
| Allowance for inventory obsolescence | -$900.7K | $1.2M |
| Allowance for advances and Related Party long-term receivable | $1.8M | |
| Loss on settlement of debt | $414.1K | $102.9K |
| Lease expense | $34.0K | $40.9K |
| Credit loss expense | -$14.0K | $8.0K |
| Change in fair value of derivative liabilities | -$49.6K | $354.3K |
| Change in fair value of convertible notes | $1.3M | |
| Accounts receivables | $308.6K | $176.6K |
| Inventories | $943.5K | $919.5K |
| Advances to related parties | -$91.9K | $95.5K |
| Other current assets | $515.3K | -$348.3K |
| Right of use liability | -$34.0K | -$40.9K |
| Other assets | $44.5K | -$35.9K |
| Accounts payable and accruals | $451.7K | $321.6K |
| Accrued compensation | $480.0K | |
| Customer refunds | -$56.9K | -$133.1K |
| Deferred income | -$47.8K | |
| Other current liabilities | -$757.5K | |
| Net Cash (Used in) Operating Activities | -$674.6K | -$6.2M |
| Purchases of fixed assets | -$9.9K | -$101.7K |
| Net Cash (Used in) Investing Activities | -$9.9K | -$101.7K |
| Proceeds from common stock offering | $19.9K | $6.2M |
| Proceeds from short-term loan | $970.1K | $2.5M |
| Repayments of short-term loan | -$546.7K | -$2.0M |
| Repayments of related party notes payable | -$265.6K | |
| Net Cash Provided by Financing Activities | $443.3K | $6.4M |
| Effect of Exchange Rate Changes on Cash | -$71.3K | $182.4K |
| NET INCREASE IN CASH AND CASH EQUIVALENTS | -$312.4K | $302.7K |
| Cash paid for interest | $231.0K | $505.5K |
| Common stock issued for partial settlement of note payable | $827.3K | $2.9M |
| Common stock issued for loan commitment fees | $118.9K | |
| Derivative liability recognized on issuance of convertible note | $47.4K | |
| Common stock issued for directors stock compensation | $540.0K | |
| Directors compensation included in advances to related parties | $60.0K |
Former names
- AG ACQUISITION GROUP II, INC.Feb 20, 2018 to Sep 14, 20182
Recent filings
- Oct 8, 20268-K
- Aug 24, 2026DEF 14C
- Aug 20, 20261-A-W
- Aug 12, 20261-A/A
- Jul 31, 202610-Q
- Jul 16, 202610-Q
- May 22, 202610-K
- May 15, 2026NT 10-Q
- Apr 7, 20261-A/A
- Mar 31, 2026NT 10-K
- Mar 9, 2026PRE 14C
- Feb 23, 2026DEF 14C
- Feb 12, 20261-A
- Jan 29, 2026PRE 14C
- Jan 9, 2026RW
Every filing from the last three years, summarized. The full record is on SEC EDGAR.1
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10