Borealis Foods Inc. (BRLS)

Borealis Foods Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	0.72	7.62	5.15	2.91
Cash & Short-Term Investments	0.72	7.62	5.15	2.91
Cash Growth	-91.96%	47.97%	77.14%	-
Accounts Receivable	2.91	1.78	2.59	1.13
Other Receivables	-	-	-	1
Receivables	2.91	1.78	2.59	2.13
Inventory	8.75	6.95	6.28	6.1
Prepaid Expenses	1.05	0.85	1.82	0.44
Total Current Assets	13.43	17.18	15.84	11.57
Property, Plant & Equipment	46.14	46.52	46.84	43.85
Goodwill	1.92	1.92	1.92	1.92
Other Long-Term Assets	0.17	0.17	0.17	0.05
Total Assets	61.91	65.79	64.77	57.38
Accounts Payable	8.6	10.89	8.71	7.25
Short-Term Debt	15.43	7.83	-	-
Current Portion of Long-Term Debt	5.71	47.98	25.43	3.19
Current Portion of Leases	0.57	0.61	0.55	-
Other Current Liabilities	-	-	8.33	6.95
Total Current Liabilities	30.3	67.3	43.02	17.38
Long-Term Debt	23.65	16.51	13	10
Long-Term Leases	1.33	1.75	2.19	-
Long-Term Deferred Tax Liabilities	1.57	1.57	1.92	1.92
Total Liabilities	56.84	87.13	60.13	29.3
Additional Paid-In Capital	90.1	44.12	42.63	39.79
Retained Earnings	-85.03	-65.47	-37.99	-11.7
Shareholders' Equity	5.07	-21.35	4.64	28.08
Total Liabilities & Equity	61.91	65.79	64.77	57.38
Total Debt	46.68	74.68	41.18	13.19
Net Cash (Debt)	-45.96	-67.06	-36.03	-10.28
Net Cash Per Share	-2.15	-0.41	-0.22	-
Filing Date Shares Outstanding	21.38	163.46	162.35	-
Total Common Shares Outstanding	21.38	163.46	162.35	-
Working Capital	-16.87	-50.12	-27.18	-5.81
Book Value Per Share	0.24	-0.13	0.03	-
Tangible Book Value	2.9	-23.26	2.72	26.17
Tangible Book Value Per Share	0.14	-0.14	0.02	-
Buildings	10.11	10.11	10.11	10.28
Machinery	43.87	42.59	40.94	15.91
Construction In Progress	5.32	5.08	3.52	21.92

Source: S&P Capital IQ. Standard template. Financial Sources.