BSFC · Blue Star Foods Corp.
Substantial doubt about the company's ability to continue as a going concern.
“For the six months ended June 30, 2026, the Company incurred a net loss of $800,438, had an accumulated deficit of $50,672,170 and a working capital deficit of $3,136,801. These factors raise substantial doubt as to the Company's ability to continue as a going concern.”View the 10-Q filed Jul 31, 2026
6 customers — 49% of revenue (year ended December 31, 2025)
“The Company had six customers which accounted for approximately 49% of revenue during the year ended December 31, 2025.”
2 customers — 24% of revenue (year ended December 31, 2025)
“Two customers accounted for 24% of revenue during the year ended December 31, 2025.”
Key customers — 14% of revenue (year ended December 31, 2025)
“The Company’s two largest customers accounted for 14% and 10%, respectively, of revenue during the year ended December 31, 2025.”
Key customers — 10% of revenue (year ended December 31, 2025)
“The Company’s two largest customers accounted for 14% and 10%, respectively, of revenue during the year ended December 31, 2025.”
5 customers — 48% of revenue (year ended December 31, 2024)
“The Company had five customers which accounted for approximately 48% of revenue during the year ended December 31, 2024.”
2 customers — 31% of revenue (year ended December 31, 2024)
“Two customers accounted for 31% of revenue during the year ended December 31, 2024.”
Institutional ownership from SEC Form 13F filings. Investment managers with more than $100 million in U.S. equities must disclose their positions every quarter, within 45 days of quarter-end, so the holdings shown can lag the market by up to a quarter.
Institutional Ownership Trend
Holder Concentration
Across 7 13F filers · Δ vs Jun 30, 2024Quarterly Activity
Top Buyers
vs Jun 30, 2024| Institution | Added | Now Holds | Open |
|---|---|---|---|
| Mid Tower Research Capital LLC (TRC) | +3,309 | 8,054 | |
| Mega BANK OF AMERICA CORP /DE/ | +12 | 20 |
Top Sellers
vs Jun 30, 2024Top New Positions
vs Jun 30, 2024| Institution | Acquired | Value (USD) | Open |
|---|---|---|---|
| Mid Virtu Financial LLC | 24,691 | $13,086 | |
| Small TWO SIGMA SECURITIES, LLC | 14,998 | $7,948 | |
| Mega GEODE CAPITAL MANAGEMENT, LLC | 13,870 | $7,351 | |
| Mega UBS Group AG | 4,522 | $2,396 |
Top Sold-Out Positions
vs Jun 30, 2024| Institution | Previously Held | Last Value (USD) | Open |
|---|---|---|---|
| Mega MORGAN STANLEY | 2,926 | $5,852 | |
| Mega CITIGROUP INC | 240 | $480 | |
| Mega ROYAL BANK OF CANADA | 2 | $4 |
| Holder | Value (USD) | % of 13F | Shares | Type | Filed | Open |
|---|---|---|---|---|---|---|
| Mid Virtu Financial LLC | $13,086 | 37.33% | 24,691 | Shares | 2024-11-20 | |
| Small TWO SIGMA SECURITIES, LLC Broker-Dealer | $7,948 | 22.67% | 14,998 | Shares | 2024-11-14 | |
| Mega GEODE CAPITAL MANAGEMENT, LLC | $7,351 | 20.97% | 13,870 | Shares | 2024-11-12 | |
| Mid Tower Research Capital LLC (TRC) | $4,268 | 12.17% | 8,054 | Shares | 2024-11-14 | |
| Mega UBS Group AG | $2,396 | 6.83% | 4,522 | Shares | 2024-11-14 | |
| Mega BANK OF AMERICA CORP /DE/ Bank | $10 | 0.03% | 20 | Shares | 2024-11-14 | |
| — PROEQUITIES, INC. | $0 | 0.00% | 0 | Shares | 2024-10-10 |