Borealis Foods Inc. (BRLS)

Borealis Foods Cash Flow Statement

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
Net Income	-26.22	-27.48	-26.28	-10.12
Depreciation & Amortization	2.93	4.01	3.45	2.1
Other Amortization	0.33	0.12	-	-
Loss (Gain) From Sale of Assets	0.96	0.96	-0.05	-
Stock-Based Compensation	1.37	0.49	0.51	-
Provision & Write-off of Bad Debts	0.16	0.11	0.11	0.31
Other Operating Activities	0.67	0.57	-0.61	0.12
Change in Accounts Receivable	0.2	0.71	-1.57	-0.77
Change in Inventory	-2.03	-0.65	0.42	-3.45
Change in Accounts Payable	4.77	2.18	1.46	5.47
Change in Other Net Operating Assets	0.63	0.98	-1.51	-0.45
Operating Cash Flow	-16.22	-18.01	-24.05	-6.78
Capital Expenditures	-2.47	-4.47	-3.38	-21.21
Sale of Property, Plant & Equipment	-	-	0.05	-
Investing Cash Flow	-2.66	-4.47	-3.33	-21.21
Long-Term Debt Issued	-	42	25.43	11.3
Long-Term Debt Repaid	-	-15.63	-0.51	-0.69
Net Debt Issued (Repaid)	10.95	26.37	24.92	10.61
Issuance of Common Stock	-	-	1	18.65
Other Financing Activities	-0.32	-1.43	3.7	-1.74
Financing Cash Flow	10.63	24.94	29.62	27.52
Net Cash Flow	-8.25	2.47	2.24	-0.47
Free Cash Flow	-18.69	-22.47	-27.43	-27.99
Free Cash Flow Margin	-66.05%	-74.94%	-107.20%	-205.33%
Free Cash Flow Per Share	-0.87	-0.14	-0.17	-
Cash Interest Paid	0.37	2.91	3.1	0.31
Levered Free Cash Flow	-16.34	-18.5	-15.02	-
Unlevered Free Cash Flow	-13.22	-14.07	-13.01	-
Change in Net Working Capital	2.54	5.02	-0.82	-

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