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Consolidated Balance Sheets - USD ($)
Dec. 31, 2019
Dec. 31, 2018
CURRENT ASSETS    
Cash (including VIE $8,725 and $5,561, respectively) $ 153,904 $ 13,143
Restricted Cash 41,906 334,083
Accounts receivable, net (including VIE $20,321 and $49,624, respectively) 2,071,363 3,449,487
Inventory, net (including VIE $95,441 and $117,816, respectively) 7,984,492 8,126,634
Advances to related party 1,285,935 1,139,619
Other current assets (including VIE $3,679 and $4,351 respectively) 242,700 90,929
Total current assets 11,780,300 13,153,895
FIXED ASSETS, net 61,908 109,169
RIGHT OF USE ASSET 1,206,931
INTANGIBLE ASSETS, net    
Trademarks 845,278
Customer Relationships 1,241,667
Non-Compete Agreements 39,167
Goodwill 445,395
Total Intangible Assets 2,571,507
OTHER ASSETS 125,418 218,254
TOTAL ASSETS 15,746,064 13,481,318
CURRENT LIABILITIES    
Accounts payable and accruals (including VIE $30,649 and $95,720, respectively) 3,528,466 3,155,741
Working capital line of credit 6,917,968 8,203,725
Current Maturities of long-term debt 31,230
Current Maturities of Lease Liabilities 136,952
Current Maturities of Related Party Long-term Note 100,364
Related Party Notes Payable 972,500
Stockholder notes payable - Subordinated 2,910,136 2,910,136
Total current liabilities 14,566,386 14,300,832
LONG -TERM LIABILITY    
Long-Term Lease Liability 1,089,390  
Related Party Long-Term Note 610,000  
TOTAL LIABILITIES 16,265,776 14,300,832
STOCKHOLDER'S DEFICIT    
Series A 8% cumulative convertible preferred stock, $0.0001 par value; 10,000 shares authorized, 1,413 shares issued and outstanding as of December 31, 2019 and December 31, 2018
Common stock, $0.0001 par value, 100,000,000 shares authorized; 17,589,705 shares issued and outstanding (including 14,130 shares declared as stock dividend on September 30, 2019 and 14,130 shares declared as stock dividend on December 31, 2019) as of December 31, 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 1,761 1,603
Additional paid-in capital 8,789,021 3,404,774
Accumulated deficit (8,952,466) (3,853,139)
Total Blue Star Foods Corp. stockholder's deficit (161,684) (446,762)
Non-controlling interest (476,250) (440,833)
Accumulated other comprehensive income (VIE) 118,222 68,081
Total VIE's deficit (358,028) (372,752)
TOTAL STOCKHOLDER'S DEFICIT (519,712) (819,514)
TOTAL LIABILITIES AND STOCKHOLDER'S DEFICIT $ 15,746,064 $ 13,481,318