Stocktoria
Borealis Foods Inc. BRLS
Nasdaq · XNAS · stock · Food and Kindred Products · website · IPO 2021-10-06
Borealis Foods Inc. financials (annual, from 10-K)
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $31.5M | $29.1M | $31.4M | — | — |
| Gross profit | $3.5M | $2.2M | -$1.3M | $175.9M | $172.5M |
| R&D expense | $202,000 | $197,000 | $460,000 | — | — |
| SG&A expense | $14.5M | $22.6M | $18.6M | — | — |
| Operating income | -$11.0M | -$20.4M | -$19.9M | -$2.9M | -$428,376 |
| Interest expense | $6.0M | $5.1M | — | — | — |
| Income tax | -$66,710 | -$134,901 | -$336,031 | — | — |
| Net income | -$19.0M | -$25.3M | -$27.5M | -$302,544 | -$407,624 |
| EPS (diluted) | $-0.89 | $-1.25 | $-2.56 | — | — |
| Operating cash flow | -$6.6M | -$15.1M | -$18.0M | -$2.1M | -$602,161 |
| Free cash flow | — | -$16.7M | -$22.5M | — | — |
| Cash & equivalents | $64,000 | — | — | $680,792 | $1.1M |
| Inventory | $4.6M | $8.0M | $6.9M | — | — |
| Total assets | $52.6M | $60.0M | $65.8M | $179.4M | $177.5M |
| Total liabilities | $71.8M | $60.7M | $87.1M | — | — |
| Shareholders' equity | -$19.2M | -$695,886 | -$21.3M | $4.6M | $1.3M |
Source: SEC EDGAR filings · CIK 0001852973 · as of 2025-12-31. Facts from filings plus Stocktoria's own computed scores — not investment advice.