Blue Star Foods Corp.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $14.4K | $326.9K | $24.2K | $9.3K | $1.2M | $55.6K | $153.9K | $13.1K |
| Accounts Receivable | $55.1K | $349.6K | $534.2K | $813.4K | $1.2M | $1.1M | $2.1M | $3.4M |
| Inventory | $405.0K | $447.8K | $2.6M | $4.8M | $2.1M | $1.8M | $8.0M | $8.1M |
| Total Current Assets | $1.2M | $2.2M | $4.1M | $6.5M | $9.6M | $4.7M | $11.8M | $13.2M |
| Property, Plant & Equipment | $106.2K | $122.9K | $303.9K | $120.4K | $1.9M | $20.1K | $61.9K | $109.2K |
| Goodwill | — | — | — | — | $445.4K | $445.4K | $445.4K | — |
| Intangible Assets (Excl. Goodwill) | — | — | — | — | $3.3M | $2.0M | $2.1M | — |
| Total Assets | $1.4M | $2.6M | $6.4M | $8.7M | $15.9M | $7.8M | $15.7M | $13.5M |
| Liabilities | ||||||||
| Accounts Payable | $538.6K | $307.1K | $661.4K | $2.4M | $1.8M | $1.6M | $3.5M | $3.2M |
| Total Current Liabilities | $3.7M | $2.6M | $3.2M | $9.5M | $6.8M | $7.3M | $14.6M | $14.3M |
| Long-Term Debt | — | $52.9K | $481.3K | — | $31.3K | — | — | $31.2K |
| Total Liabilities | $3.7M | $2.7M | $3.8M | $9.9M | $7.0M | $7.8M | $16.3M | $14.3M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-49.9M | $-46.3M | $-33.8M | $-29.3M | $-16.1M | $-13.5M | $-9.0M | $-3.9M |
| Total Stockholders' Equity | $-2.4M | $-191.7K | $2.6M | $-1.2M | $8.9M | $-19.7K | $-161.7K | $-446.8K |