Borealis Foods Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	0.13	0.65	7.62	0.68	1.12
Short-Term Investments	-	-	-	178.53	175.95
Cash & Short-Term Investments	0.13	0.65	7.62	179.21	177.08
Cash Growth	-82.14%	-91.43%	-95.75%	1.21%	-
Accounts Receivable	2.57	1.97	1.78	-	-
Inventory	6	8.05	6.95	-	-
Other Current Assets	-	-	0.85	0.24	0.31
Total Current Assets	9.47	11.8	17.18	0.92	1.44
Net Property, Plant & Equipment	44.36	45.8	46.52	-	-
Other Intangible Assets	0.38	0.32	-	-	-
Goodwill	1.92	1.92	1.92	-	-
Other Long-Term Assets	0.17	0.17	0.17	-	0.1
Total Assets	56.3	60.01	65.79	179.45	177.49
Accounts Payable	14.03	10.8	10.89	-	-
Accrued Expenses	-	-	-	0.84	0.24
Short-Term Debt	10.15	0.73	-	1.5	-
Current Portion of Long-Term Debt	20.17	5.46	47.98	-	-
Current Portion of Leases	0.64	0.59	0.61	-	-
Other Current Liabilities	19.13	7.83	7.83	0.16	-
Total Current Liabilities	64.12	25.41	67.3	2.5	0.24
Long-Term Debt	3	25.08	16.51	-	-
Long-Term Leases	0.67	1.16	1.75	-	-
Other Long-Term Liabilities	1.46	9.06	1.57	-	-
Total Long-Term Liabilities	5.13	35.3	19.83	-	-
Total Liabilities	69.25	60.7	87.13	2.5	0.24
Common Stock	90.41	90.1	-	0	0
Additional Paid-in Capital	-103.36	-90.79	44.12	-	1.71
Retained Earnings	-	-0.7	-65.47	-1.58	-0.41
Total Common Shareholders' Equity	-12.95	-1.39	-21.35	-1.58	1.3
Minority Interest	-	-	-	178.53	175.95
Shareholders' Equity	-12.95	-1.39	-21.35	176.95	177.25
Total Liabilities & Equity	56.3	60.01	65.79	179.45	177.49
Total Debt	34.62	33.01	66.85	1.5	0
Net Cash (Debt)	-34.49	-32.36	-59.24	177.71	177.08
Net Cash Growth	-	-	-	0.36%	-
Net Cash Per Share	-1.61	-1.60	-5.52	10.30	8.21
Book Value	-12.95	-1.39	-21.35	-1.58	1.3
Book Value Per Share	-0.60	-0.07	-1.99	-0.09	0.06
Tangible Book Value	-15.25	-3.63	-23.26	-1.58	1.3
Tangible Book Value Per Share	-0.71	-0.18	-2.17	-0.09	0.06

Updated Nov 19, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q