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Consolidated Balance Sheets - USD ($)
Jun. 30, 2019
Dec. 31, 2018
CURRENT ASSETS    
Cash (including VIE $6,774 and $5,561, respectively) $ 63,071 $ 13,143
Restricted Cash 77,350 334,083
Accounts receivable, net (including VIE $87,189 and $49,624, respectively) 2,933,208 3,449,487
Inventory, net (including VIE $46,193 and $117,816, respectively) 5,295,784 8,126,634
Advances to related party 1,109,015 1,139,619
Other current assets (including VIE $3,821 and $4,351 respectively) 100,428 90,929
Total current assets 9,578,856 13,153,895
FIXED ASSETS, net 83,945 109,169
RIGHT OF USE ASSET 1,182,816
OTHER ASSETS 155,929 218,254
TOTAL ASSETS 11,001,546 13,481,318
CURRENT LIABILITIES    
Accounts payable and accruals (including VIE $85,996 and $95,720, respectively) 1,907,517 3,155,741
Working capital line of credit 5,636,481 8,203,725
Related Party Notes Payable 1,100,000
Current maturities of long-term debt 15,600 31,230
Stockholder notes payable - Subordinated 2,910,136 2,910,136
Total current liabilities 11,569,734 14,300,832
LONG -TERM LIABILITY 1,066,310
TOTAL LIABILITIES 12,636,044 14,300,832
Blue Star Foods Corp. Stockholder Equity    
Series A 8% cumulative convertible preferred stock, $0.0001 par value; 10,000 shares authorized, 1,413 shares issued and outstanding as of June 30, 2019 and December 31, 2018
Common stock, $0.0001 par value, 100,000,000 shares authorized; 16,095,424 shares issued and outstanding (including 14,130 shares declared (not yet issued) as stock dividend on June 30, 2019) as of June 30, 2019 and 16,023,164 shares issued and outstanding (including 8,164 shares declared as stock dividend on December 31, 2018) as of December 31, 2018 1,612 1,603
Additional paid-in capital 4,885,279 3,404,774
Accumulated deficit (6,124,983) (3,895,139)
Total Blue Star Foods Corp. stockholder's deficit (1,238,092) (446,762)
Non-controlling interest (417,602) (440,833)
Accumulated other comprehensive income (VIE) 21,196 (68,081)
Total VIE's deficit (396,406) (372,752)
TOTAL STOCKHOLDER'S DEFICIT (1,634,498) (819,514)
TOTAL LIABILITIES AND STOCKHOLDER'S DEFICIT $ 11,001,546 $ 13,481,318