Home / Going-concern warnings / Blue Star Foods Corp.
Filed 2025-07-15 路 Form 10-Q 路 Accession 0001641172-25-019736 nano
Price before filing: $0.0512 (2025-07-14 close, split/dividend-adjusted)
Market cap at flag: $1.1M (2025-07-15) 路 Latest: $145.3M (2026-10-14)
| Window | BSFC | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | -46.3% | +3.2% | -49.5% | 2025-08-14 |
| 90 days | -77.7% | +6.4% | -84.1% | 2025-10-13 |
| 180 days | -97.1% | +11.9% | -109.0% | 2026-01-12 |
Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.
"For the three months ended March 31, 2025, the Company incurred a net loss of $ 1,199,930 , had an accumulated deficit of $ 47,489,149 and a working capital deficit of $ 687,321 . These factors raise substantial doubt as to the Company's ability to continue as a going concern."
Quoted from the filing. Source
The filing states that substantial doubt exists about the company's ability to continue as a going concern: it may not have enough cash to last the next 12 months. Expect dilution, debt deals or worse. An auditor's going-concern paragraph is the strongest form of this warning.
Source: management disclosure in Form 10-Q (period 2025-03-31)
Why this score: quarterly (unaudited) disclosure; also within 90 days: Auditor change, Late quarterly report (NT 10-Q)
Read the original filing on SEC.gov →
Not investment advice. Automated summary; verify against the filing.
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