frozen foods don't go bad or lose nutrition due to age. If by useless you mean the fish wont eat because it's not as tasty? That is possible. It loses flavor and texture, but nutrients remain the same.
Look at the back, see what's in it. chances are, it's fine for saltwater fish too. Like one I found is just salmon.. no problem that I can think of with feeding your fish salmon... another has peas, spirulina, seaweed, garlic, meal worms.. not the best, but still provides a variety..