BRLS · Borealis Foods Inc.
$1.85
+0.10 (+5.71%)
At close · Aug 21
Going-concern doubt
— flagged Jun 30, 2026
Substantial doubt about the company's ability to continue as a going concern.
“The Company has incurred recurring operating losses since inception and has a working capital deficit and accumulated deficit that raise substantial doubt about its ability to continue as a going concern within one year after the date these financial statements are issued.”View the 10-Q filed Jun 30, 2026
Market Cap
$39.71M
Shares
21.46M
Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.
No Compensation Data
No Summary Compensation Table has been imported from this company's proxy statements yet.
Executive changes
| Person | Role | Change | Filed |
|---|---|---|---|
| Pavel Mynzhanov | directors of the Company | Appointed | 2026-05-14 |
| Zaure Algaziyeva | directors of the Company | Appointed | 2026-05-14 |
| Jeffrey T. Varsalone | Chief Restructuring Officer | Terminated | 2026-05-01 |
| Jeffrey T. Varsalone | Chief Restructuring Officer | Appointed | 2026-04-02 |
| Jeffrey T. Varsalone | Chief Restructuring Officer | Appointed | 2026-04-02 |
| Amin Ajami | director | Appointed | 2026-01-29 |
| Kanat Mynzhanov | Board of Directors | Resigned | 2025-01-06 |
| Reza Soltanzadeh | Chief Executive Officer | Appointed | 2024-07-10 |
| Karim Zahmoul | director | Appointed | 2022-06-06 |
| Sergei Ivashkovsky | director of the board of directors | Resigned | 2022-06-06 |
| Shiv Vikram Khemka | board of directors | Appointed | 2021-09-09 |
| Sergey Ivashkovsky | board of directors | Appointed | 2021-09-09 |
| Christophe Charlier | board of directors | Appointed | 2021-09-09 |