Blue Star Foods posted a net loss of $735,313 for the quarter ended March 31, 2026, narrowing from the prior-year quarter.
Revenue dropped 74% to $250,259, reflecting lower poundage sold.
Gross profit fell to $8,747, pressured by an inventory allowance adjustment.
Balance sheet and legal matters
Cash totaled $16,948, with a working capital deficit of $3.13 million; inventory was $355,572 and accounts receivable $93,425.
Legal disputes included a British Columbia lease proceeding awaiting a court decision, and a Florida suit seeking about $250,000 over rancid 2022 shipments.
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