CURRENT LIABILITIES	3 Months Ended
Jun. 30, 2026
Other Liabilities Disclosure [Abstract]
CURRENT LIABILITIES	NOTE 5 –CURRENT LIABILITIES Accounts Payable Accounts payable was comprised of various payables to a significant number of vendors. The Company is currently in active talks with the vendors to settle the outstanding payables through the issuance of preferred shares. Accounts Payable-Related Party The Company had an outstanding liability to Hydrenesis of approximately $1.3 million related to an equipment rights agreement (with that entity) that was entered into during 2021. As a result of the perpetual license agreement (discussed in Note 4), Natural Shrimp and Hydrenesis became related parties as both entities have the same chief executive officer. The Company plans to settle the outstanding liability through the issuance of preferred shares. Accrued Expenses Accrued expenses was primarily comprised of $1.8 million in accrued compensation to former employees and $1.7 million outstanding to the Company’s former legal counsel. The Company is currently in active discussion with both the former employees and former legal counsel to settle the outstanding balance through the issuance of equity instruments (warrants or preferred shares). Notes Payable The Company had approximately $1.2 million in outstanding loans as of June 30, 2026. The loans were primarily with former employees and were all in default as of June 30, 2026. The Company is in active negotiations with the former employees in attempt to settle the outstanding notes through the issuance of preferred shares. Per agreements with the creditors interest on the outstanding notes ceased being accrued as of September 8, 2024 (i.e. the receivership date). Dividends Payable Dividends payable relates to accrued dividends on the former Series E, F and G preferred shares. The Company is in active negotiations with the preferred shareholders in attempt to settle the outstanding payables through the issuance of preferred shares. Mandatorily Redeemable Preferred Shares The Company’s Series E and G have been recognized as a liability (in accordance with ASC 480) as they were considered mandatorily redeemable as of June 30, 2026.

CURRENT LIABILITIES

3 Months Ended

Jun. 30, 2026

Other Liabilities Disclosure [Abstract]

NOTE 5 –CURRENT LIABILITIES

Accounts Payable

Accounts payable was comprised of various payables to a significant number of vendors. The Company is currently in active talks with the vendors to settle the outstanding payables through the issuance of preferred shares.

Accounts Payable-Related Party

The Company had an outstanding liability to Hydrenesis of approximately $1.3 million related to an equipment rights agreement (with that entity) that was entered into during 2021. As a result of the perpetual license agreement (discussed in Note 4), Natural Shrimp and Hydrenesis became related parties as both entities have the same chief executive officer. The Company plans to settle the outstanding liability through the issuance of preferred shares.

Accrued Expenses

Accrued expenses was primarily comprised of $1.8 million in accrued compensation to former employees and $1.7 million outstanding to the Company’s former legal counsel. The Company is currently in active discussion with both the former employees and former legal counsel to settle the outstanding balance through the issuance of equity instruments (warrants or preferred shares).

Notes Payable

The Company had approximately $1.2 million in outstanding loans as of June 30, 2026. The loans were primarily with former employees and were all in default as of June 30, 2026. The Company is in active negotiations with the former employees in attempt to settle the outstanding notes through the issuance of preferred shares. Per agreements with the creditors interest on the outstanding notes ceased being accrued as of September 8, 2024 (i.e. the receivership date).

Dividends Payable

Dividends payable relates to accrued dividends on the former Series E, F and G preferred shares. The Company is in active negotiations with the preferred shareholders in attempt to settle the outstanding payables through the issuance of preferred shares.

Mandatorily Redeemable Preferred Shares

The Company’s Series E and G have been recognized as a liability (in accordance with ASC 480) as they were considered mandatorily redeemable as of June 30, 2026.