Home / Going-concern warnings / Blue Star Foods Corp.
Filed 2025-06-23 路 Form 10-K 路 Accession 0001641172-25-015976 nano
Price before filing: $0.052 (2025-06-20 close, split/dividend-adjusted)
Market cap at flag: $832,023 (2025-06-23) 路 Latest: $145.3M (2026-10-14)
| Window | BSFC | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | -8.7% | +6.7% | -15.4% | 2025-07-23 |
| 90 days | -57.1% | +12.5% | -69.7% | 2025-09-22 |
| 180 days | -93.7% | +15.9% | -109.6% | 2025-12-22 |
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.
"As discussed in Note 4 to the financial statements, the Company has suffered recurring losses from operations and has a net capital deficiency that raises substantial doubt about its 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.
Going-concern opinion issued by: MaloneBailey, LLP
Source: independent auditor report in Form 10-K (period 2024-12-31)
Why this score: in auditor's report; also within 90 days: Late quarterly report (NT 10-Q)
Read the original filing on SEC.gov →
Not investment advice. Automated summary; verify against the filing.
The week's most serious auditor changes, restatements, late filings and going-concern warnings, in plain English. Free. Unsubscribe anytime.
Subscribe to the newsletter →
The signup form didn't load here (often an ad or privacy blocker). This opens beehiiv's secure signup page.
Form not showing? Subscribe on beehiiv →
Newsletter delivered by beehiiv. See our privacy policy.