Borealis Foods Inc. (BRLS)

BRLS Balance Sheet

Assets, liabilities, and equity analysis

BRLS Quarterly Balance Sheet (USD)

Quarterly Report	TTM	12/31/2025	09/30/2025	06/30/2025	03/31/2025	12/31/2024	09/30/2024	06/30/2024	03/31/2024
Total Current Assets	8.055M	8.055M	9.471M	9.931M	10.571M	11.800M	13.428M	15.146M	22.183M
Cash & Cash Equivalents	64K	64K	129K	207K	193K	653K	722K	3.129M	8.211M
Short-Term Investments	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash & Short-Term Investments	64K	64K	129K	207K	193K	653K	722K	3.129M	8.211M
Accounts Receivable	2.648M	2.648M	2.575M	2.320M	1.779M	1.966M	2.908M	2.545M	4.771M
Inventory	4.583M	4.583M	5.998M	7.002M	7.751M	8.046M	8.750M	7.661M	6.803M
Total Assets	52.573M	52.573M	56.298M	57.275M	58.398M	60.006M	61.912M	63.595M	70.333M
Property, Plant & Equipment	44.050M	44.050M	44.356M	44.821M	45.325M	45.800M	46.144M	46.151M	46.063M
Goodwill	0.00	0.00	1.917M	1.917M	1.917M	1.917M	1.917M	1.917M	1.917M
Intangible Assets	298K	298K	384K	351K	329K	319K	253K	210K	0.00
Long-Term Investments	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Current Liabilities	69.817M	69.817M	64.119M	39.424M	35.869M	25.406M	30.299M	28.656M	28.813M
Accounts Payable	16.047M	16.047M	14.031M	13.991M	13.047M	11.530M	8.596M	6.864M	7.240M
Short-Term Debt	25.791M	25.791M	30.317M	5.956M	5.706M	5.457M	5.707M	5.767M	13.119M
Total Liabilities	71.804M	71.804M	69.246M	66.445M	63.223M	60.702M	56.842M	53.693M	54.133M
Long-Term Debt	0.00	0.00	3.000M	24.733M	24.905M	25.078M	23.650M	22.012M	22.184M
Total Debt	27.082M	27.082M	34.621M	32.140M	32.203M	32.285M	31.252M	29.835M	37.501M
Net Debt (Cash)	27.018M	27.018M	34.492M	31.934M	32.011M	31.632M	30.530M	26.706M	29.290M
Total Shareholders' Equity	-19.231M	-19.231M	-12.949M	-9.171M	-4.825M	-696K	5.070M	9.902M	16.200M
Common Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Retained Earnings	-109.771M	-109.771M	-103.361M	-99.580M	-94.980M	-90.793M	-85.027M	-80.195M	-73.897M
Current Ratio	0.12	0.12	0.15	0.25	0.29	0.46	0.44	0.53	0.77
Debt to Equity Ratio	-1.41	-1.41	-2.67	-3.50	-6.67	-46.39	6.16	3.01	2.31

BRLS Annual Balance Sheet (USD)

Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021
Total Current Assets	8.055B	11.800M	123K	15.841M	11.574M
Cash & Cash Equivalents	63.859M	653K	93K	5.147M	2.905M
Short-Term Investments	0.00	0.00	0.00	0.00	0.00
Cash & Short-Term Investments	63.859M	653K	93K	5.147M	2.905M
Accounts Receivable	2.648M	1.966M	0.00	2.593M	2.134M
Inventory	4.583B	8.046M	0.00	6.285M	6.099M
Total Assets	52.573B	60.006M	22.044M	64.771M	57.384M
Property, Plant & Equipment	44.050B	45.800M	0.00	46.842M	43.846M
Goodwill	0.00	1.917M	0.00	1.917M	1.917M
Intangible Assets	298.041M	319K	0.00	0.00	0.00
Long-Term Investments	0.00	0.00	21.921M	178.533M	175.954M
Total Current Liabilities	69.817B	25.406M	7.487M	43.019M	17.382M
Accounts Payable	16.047M	11.530M	0.00	159K	7.248M
Short-Term Debt	23.140B	5.457M	3.988M	1.500M	3.189M
Total Liabilities	71.804B	60.702M	7.487M	60.131M	29.299M
Long-Term Debt	0.00	25.078M	0.00	13.000M	10.000M
Total Debt	23.140B	32.285M	3.988M	41.177M	13.189M
Net Debt (Cash)	23.077B	31.632M	3.895M	36.031M	10.283M
Total Shareholders' Equity	-19.231B	-696K	14.557M	4.640M	28.084M
Common Stock	0.00	0.00	461.00	461.00	461.00
Retained Earnings	-109.771B	-90.793M	-7.365M	-37.986M	-11.704M
Current Ratio	0.12	0.46	0.02	0.37	0.67
Debt to Equity Ratio	-1.20	-46.39	0.27	8.88	0.47

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

About Borealis Foods Inc.

Borealis Foods Inc. is an enterprise focused on the distribution of food products that are rich in plant-derived protein. The company's offerings feature Chef Woo, a meat alternative with a high protein content, and Ramen Express, which provides vegetarian ramen noodle selections. Established in 2020, Borealis Foods Inc. conducts its operations from its headquarters in Oakville, Canada.

Oakville, ON

147 employees

borealisfoods.ca

Consumer Defensive / Packaged Foods

Sector: Consumer Defensive
Industry: Packaged Foods
CEO: Reza Soltanzadeh

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