Home / Going-concern warnings / Blue Star Foods Corp.
Filed 2025-11-12 路 Form 10-Q 路 Accession 0001493152-25-021887 nano
Price before filing: $0.0125 (2025-11-11 close, split/dividend-adjusted)
Market cap at flag: $1.1M (2025-11-12) 路 Latest: $145.3M (2026-10-14)
| Window | BSFC | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | -69.2% | -0.2% | -69.0% | 2025-12-12 |
| 90 days | -92.0% | +1.6% | -93.6% | 2026-02-10 |
| 180 days | -95.2% | +8.9% | -104.1% | 2026-05-11 |
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 nine months ended September 30, 2025, the Company incurred a net loss of $ 2,332,713 , had an accumulated deficit of $ 48,621,933 and a working capital deficit of $ 1,664,699 . 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 2025-09-30)
Why this score: quarterly (unaudited) disclosure; also within 90 days: Auditor change
Read the original filing on SEC.gov →
Not investment advice. Automated summary; verify against the filing.
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