Borealis Foods Inc. financial data

Symbol
BRLS, BRLSW on Nasdaq
Location
1540 Cornwall Rd. #104, Oakville, Ontario, Canada
Fiscal year end
December 31
Latest financial report
10-Q - Q2 2025 - Aug 19, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 34.9 % -16.3%
Quick Ratio 24.1 %
Debt-to-equity -2.57K %
Return On Equity 806 % -27.7%
Return On Assets -32.6 % +35.4%
Operating Margin -51 % +31.4%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 21.4M shares +0.01%
Common Stock, Shares, Outstanding 21.4M shares
Entity Public Float 41.9M USD
Common Stock, Value, Issued 0 USD
Weighted Average Number of Shares Outstanding, Basic 21.4M shares +0.13%
Weighted Average Number of Shares Outstanding, Diluted 21.4M shares +0.13%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 28.5M USD +0.28%
Revenue from Contract with Customer, Excluding Assessed Tax 8.08M USD -2.29%
Cost of Revenue 6.67M USD +36.1%
Research and Development Expense 214K USD -38.3%
Selling and Marketing Expense 566K USD
General and Administrative Expense 2.51M USD
Operating Income (Loss) -14.5M USD +31.2%
Nonoperating Income (Expense) -1.21M USD +44%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -4.59M USD +27%
Income Tax Expense (Benefit) 14K USD -0.91%
Net Income (Loss) Attributable to Parent -19.4M USD +30.7%
Earnings Per Share, Basic -1 USD/shares +56.4%
Earnings Per Share, Diluted -1 USD/shares +56.4%

Balance Sheet

Label TTM Value / Value Unit Change %
Accounts Receivable, after Allowance for Credit Loss, Current 2.32M USD -8.86%
Inventory, Net 7M USD -8.6%
Assets, Current 9.93M USD -34.4%
Property, Plant and Equipment, Net 44.8M USD -2.79%
Operating Lease, Right-of-Use Asset 42.1K USD
Intangible Assets, Net (Excluding Goodwill) 351K USD +67.1%
Goodwill 1.92M USD 0%
Other Assets, Noncurrent 255K USD +50.1%
Assets 57.3M USD -9.94%
Liabilities, Current 39.4M USD +37.6%
Deferred Income Tax Liabilities, Net 1.46M USD -6.79%
Operating Lease, Liability, Noncurrent 4.18K USD -90.4%
Other Liabilities, Noncurrent 7.6M USD
Liabilities 66.4M USD +23.8%
Retained Earnings (Accumulated Deficit) -99.6M USD -24.2%
Stockholders' Equity Attributable to Parent -9.17M USD -193%
Liabilities and Equity 57.3M USD -9.94%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -1.37M USD +79.7%
Net Cash Provided by (Used in) Financing Activities 938K USD -88.1%
Net Cash Provided by (Used in) Investing Activities -25.7K USD +94.7%
Common Stock, Shares, Issued 21.4M shares
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 207K USD -93.4%
Interest Paid, Excluding Capitalized Interest, Operating Activities 244K USD -62.6%
Deferred Tax Assets, Valuation Allowance 22.2M USD +46.7%
Deferred Tax Assets, Gross 26.4M USD +40.3%
Operating Lease, Liability 67.1K USD -41.6%
Depreciation 38.6M USD +3783%
Payments to Acquire Property, Plant, and Equipment 16.2K USD -97.1%
Lessee, Operating Lease, Liability, to be Paid 76.6K USD
Property, Plant and Equipment, Gross 59.5M USD +1.15%
Operating Lease, Liability, Current 44K USD +23.8%
Lessee, Operating Lease, Liability, to be Paid, Year Two 22.5K USD
Lessee, Operating Lease, Liability, to be Paid, Year One 54.1K USD
Operating Lease, Weighted Average Discount Rate, Percent 0.1 pure 0%
Deferred Income Tax Expense (Benefit) -14K USD 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 9.44K USD
Lessee, Operating Lease, Liability, to be Paid, Year Three 0 USD
Deferred Tax Assets, Operating Loss Carryforwards 26.2M USD +41.5%
Unrecognized Tax Benefits 0 USD
Additional Paid in Capital 90.1M USD +104%
Depreciation, Depletion and Amortization 1.81M USD -51.6%
Share-based Payment Arrangement, Expense 2.55M USD +1173%
Interest Expense 1.23M USD +11.8%