Every 10-Q that NATURALSHRIMP INC (SHMP) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow SHMP and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full SHMP filings page.
NaturalShrimp Incorporated is reporting under a liquidation basis after a court-supervised receivership and asset sale. The company transferred substantially all revenue-generating fixed and intangible assets to Streeterville Capital and Bucktown Capital in May 2025 in exchange for extinguishing about $36,021,019 of notes and credit lines, tied to an asset value of approximately $35,703,789.87 plus $100,000 in cash.
As of December 31, 2025, NaturalShrimp showed cash of $12,239 and net liabilities in liquidation of $8,913,505, with roughly $3.0 million of these liabilities owed to related parties. The company notes limited liquidity and is working with remaining creditors on how to settle outstanding balances.
For context, on a going concern basis for the nine months ended December 31, 2024, NaturalShrimp generated sales of $163,492 and recorded a net loss of $6,285,201, or $6,648,262 available to common shareholders, reflecting a loss per share of $0.01 on 1,120,423,669 weighted average shares.
In March 2026, NaturalShrimp entered into an Intellectual Property Acquisition and Management Transition Agreement with Hydrenesis, Inc. that contemplates shifting its focus toward commercialization of aquaculture and water treatment technologies, converting approximately $1,034,112 owed to Hydrenesis into equity and restructuring preferred securities, though this agreement had not been fully consummated as of the filing date.
Management discloses that disclosure controls and procedures were not effective as of December 31, 2025 due to ongoing material weaknesses in internal control over financial reporting, including inadequate segregation of duties, lack of an independent board and audit committee, limited risk assessment procedures, and insufficient documentation of critical policies.
NaturalShrimp Incorporated reports under the liquidation basis after a Utah court-appointed receiver sold substantially all operating assets to its lenders. Net liabilities in liquidation were $8,875,938 as of September 30, 2025, with cash of only $49,806 and remaining obligations of about $8.9 million, including roughly $3.0 million to related parties.
During the six months ended September 30, 2025, the company extinguished about $36,021,019 of notes payable and lines of credit by transferring fixed and intangible assets previously measured at $35,800,000. Prior-period going-concern results for the comparable 2024 period showed modest sales of $106,991 and a net loss attributable to the company of $3,914,477.
After the reporting date, NaturalShrimp signed an Intellectual Property Acquisition and Management Transition Agreement with Hydrenesis, Inc., under which it plans to pivot toward aquaculture and water treatment technologies, convert a $1,034,112 Hydrenesis obligation into equity, and restructure legacy preferred securities into new Series P, Series P-2, and Series L classes. This agreement was not yet consummated. Management also discloses that disclosure controls and procedures remained ineffective due to ongoing material weaknesses in internal control over financial reporting.
NaturalShrimp Incorporated filed a quarterly report describing its court-supervised liquidation and sale of substantially all assets. A receiver sold the company’s operating assets to secured lenders for a roughly $35,703,789.87 credit bid plus $100,000 cash, extinguishing restructured notes and a line of credit.
Under the liquidation basis of accounting, NaturalShrimp reported cash of $184,967 and net liabilities in liquidation of $(8,648,682) as of June 30, 2025, including about $3.0 million owed to related parties. The company now has limited assets, is working with creditors on how to settle remaining obligations, and had minimal operating activity in the quarter.
Going-concern statements for the prior-year quarter show sales of $36,618 and a net loss of $(2,802,548), highlighting that the shrimp production business was not financially self-sustaining. Management also concluded disclosure controls and procedures were not effective due to material weaknesses in internal control over financial reporting.