Borealis Foods Inc. financial data

Symbol
BRLS, BRLSW on Nasdaq
Location
Oakville, Ontario, Canada
Fiscal year end
31 December
Latest financial report
10-Q - Q3 2025 - 19 Nov 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 25% % -42%
Quick Ratio 17% % -10%
Debt-to-equity -939% % -137%
Return On Equity 265% %
Return On Assets -32% % 21%
Operating Margin -46% % 36%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 21,463,306 shares
Common Stock, Shares, Outstanding 21,378,890 shares
Entity Public Float $41,900,000 USD
Common Stock, Value, Issued $0 USD
Weighted Average Number of Shares Outstanding, Basic 21,463,415 shares 0.4%
Weighted Average Number of Shares Outstanding, Diluted 21,463,415 shares 0.4%

Income Statement

Label TTM Value / Value Unit Change %
Revenues $27,897,970 USD -1.7%
Revenue from Contract with Customer, Excluding Assessed Tax $8,075,788 USD -2.3%
Cost of Revenue $6,063,191 USD -5.5%
Research and Development Expense $210,000 USD -43%
Selling and Marketing Expense $566,193 USD
General and Administrative Expense $2,505,158 USD
Operating Income (Loss) $12,819,542 USD 37%
Nonoperating Income (Expense) $1,210,289 USD 44%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $3,780,821 USD 22%
Income Tax Expense (Benefit) $13,987 USD -0.91%
Net Income (Loss) Attributable to Parent $18,334,202 USD 30%
Earnings Per Share, Basic -1 USD/shares 53%
Earnings Per Share, Diluted -1 USD/shares 53%

Balance Sheet

Label TTM Value / Value Unit Change %
Accounts Receivable, after Allowance for Credit Loss, Current $2,574,783 USD -11%
Inventory, Net $5,997,898 USD -31%
Assets, Current $9,470,623 USD -29%
Property, Plant and Equipment, Net $44,325,607 USD -3.8%
Operating Lease, Right-of-Use Asset $30,615 USD
Intangible Assets, Net (Excluding Goodwill) $383,710 USD 52%
Goodwill $1,917,356 USD 0%
Other Assets, Noncurrent $169,685 USD 0%
Assets $56,297,596 USD -9.1%
Liabilities, Current $64,119,395 USD 112%
Deferred Income Tax Liabilities, Net $1,459,923 USD -6.8%
Operating Lease, Liability, Noncurrent $4,183 USD -90%
Other Liabilities, Noncurrent $7,601,661 USD
Liabilities $69,246,174 USD 22%
Retained Earnings (Accumulated Deficit) $103,361,109 USD -22%
Stockholders' Equity Attributable to Parent $12,948,578 USD -355%
Liabilities and Equity $56,297,596 USD -9.1%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities $1,372,605 USD 80%
Net Cash Provided by (Used in) Financing Activities $937,920 USD -88%
Net Cash Provided by (Used in) Investing Activities $25,744 USD 95%
Common Stock, Shares, Issued 21,378,890 shares
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $128,869 USD -82%
Interest Paid, Excluding Capitalized Interest, Operating Activities $243,500 USD -63%
Deferred Tax Assets, Valuation Allowance $22,244,011 USD 47%
Deferred Tax Assets, Gross $26,447,925 USD 40%
Operating Lease, Liability $67,131 USD -42%
Depreciation $38,601,000 USD 3783%
Payments to Acquire Property, Plant, and Equipment $16,229 USD -97%
Lessee, Operating Lease, Liability, to be Paid $76,571 USD
Property, Plant and Equipment, Gross $59,503,559 USD 0.35%
Operating Lease, Liability, Current $31,710 USD 78%
Lessee, Operating Lease, Liability, to be Paid, Year Two $22,521 USD
Lessee, Operating Lease, Liability, to be Paid, Year One $54,050 USD
Operating Lease, Weighted Average Discount Rate, Percent 0.1 pure 0%
Deferred Income Tax Expense (Benefit) $107,309 USD -100%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount $9,440 USD
Lessee, Operating Lease, Liability, to be Paid, Year Three $0 USD
Deferred Tax Assets, Operating Loss Carryforwards $26,153,662 USD 42%
Unrecognized Tax Benefits $0 USD
Additional Paid in Capital $90,096,688 USD 104%
Depreciation, Depletion and Amortization $1,408,000 USD -24%
Share-based Payment Arrangement, Expense $1,273,000 USD -7.3%
Interest Expense $1,855,028 USD 54%