Borealis Foods Inc. (BRLS)

NASDAQ: BRLS · Real-Time Price · USD

0.9150

-0.0200 (-2.14%)

At close: Jul 27, 2026, 4:00 PM EDT

0.9800

+0.0650 (7.10%)

After-hours: Jul 27, 2026, 5:23 PM EDT

Borealis Foods Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	0.48	0.06	0.65	7.62	0.68	1.12
Short-Term Investments	-	-	-	-	178.53	175.95
Cash & Short-Term Investments	0.48	0.06	0.65	7.62	179.21	177.08
Cash Growth	149.23%	-90.22%	-91.43%	-95.75%	1.21%	-
Accounts Receivable	1.74	2.65	1.97	1.78	-	-
Inventory	3.53	4.58	8.05	6.95	-	-
Other Current Assets	1.07	0.76	1.13	0.85	0.24	0.31
Total Current Assets	6.82	8.06	11.8	17.18	0.92	1.44
Net Property, Plant & Equipment	43.65	44.05	45.8	46.52	-	-
Other Intangible Assets	0.3	0.3	0.32	-	-	-
Goodwill	-	-	1.92	1.92	-	-
Other Long-Term Assets	0.17	0.17	0.17	0.17	-	0.1
Total Assets	50.95	52.57	60.01	65.79	179.45	177.49

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Accounts Payable	17.36	16.05	11.53	10.89	-	-
Accrued Expenses	-	-	-	-	0.84	0.24
Short-Term Debt	2.21	2.69	-	-	1.5	-
Current Portion of Long-Term Debt	22.85	23.1	5.46	47.98	-	-
Current Portion of Leases	0.71	0.68	0.59	0.61	-	-
Other Current Liabilities	28.72	27.3	7.83	7.83	0.16	-
Total Current Liabilities	71.85	69.82	25.41	67.3	2.5	0.24
Long-Term Debt	-	-	25.08	16.51	-	-
Long-Term Leases	0.42	0.61	1.16	1.75	-	-
Other Long-Term Liabilities	1.38	1.38	9.06	1.57	-	-
Total Long-Term Liabilities	1.8	1.99	35.3	19.83	-	-
Total Liabilities	73.65	71.8	60.7	87.13	2.5	0.24

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Common Stock	-	-	-	-	0	0
Additional Paid-in Capital	90.58	90.54	90.1	44.12	-	1.71
Retained Earnings	-113.28	-109.77	-90.79	-65.47	-1.58	-0.41
Total Common Shareholders' Equity	-22.7	-19.23	-0.7	-21.35	-1.58	1.3
Minority Interest	-	-	-	-	178.53	175.95
Shareholders' Equity	-22.7	-19.23	-0.7	-21.35	176.95	177.25
Total Liabilities & Equity	50.95	52.57	60.01	65.79	179.45	177.49

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Total Debt	26.19	27.08	32.28	66.85	1.5	0
Net Cash (Debt)	-25.71	-27.02	-31.63	-59.24	177.71	177.08
Net Cash Growth	-	-	-	-	0.36%	-
Net Cash Per Share	-1.19	-1.26	-1.56	-5.52	10.30	8.21
Book Value	-22.7	-19.23	-0.7	-21.35	-1.58	1.3
Book Value Per Share	-1.05	-0.90	-0.03	-1.99	-0.09	0.06
Tangible Book Value	-23	-19.53	-2.93	-23.26	-1.58	1.3
Tangible Book Value Per Share	-1.07	-0.91	-0.14	-2.17	-0.09	0.06

SEC Filings: 10-K · 10-Q