BRLS · Borealis Foods Inc.
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
Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.
Chart any reported metric, KPI or segment over time — the full statement history lives here
| Line Item | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| $32.03M | $31.48M | $29.1M | — | — | — | |
| — | $30.08M | $27.67M | — | — | — | |
| $27.15M | $26.57M | $25.48M | — | — | — | |
| $3.45M | $3.51M | $2.19M | — | $175.95M | $172.5M | |
| — | 11.16% | 7.52% | — | — | — | |
| $200K | $202K | $197K | — | — | — | |
| $13.63M | $14.55M | $22.59M | — | — | — | |
| — | $1.84M | $2.32M | — | — | — | |
| -$10.18M | -$11.04M | -$20.4M | -$5.13M | -$2.89M | -$428.38K | |
| — | -35.06% | -70.12% | — | — | — | |
| — | -$9.19M | -$18.08M | — | — | — | |
| $6.18M | $5.99M | $5.06M | — | — | — | |
| — | — | — | $5159 | — | — | |
| -$8.19M | -$8.01M | -$5.06M | — | — | — | |
| -$18.37M | -$19.05M | -$25.46M | — | — | — | |
| — | -$66.71K | -$134.9K | $0 | — | — | |
| -$18.3M | -$18.98M | -$25.33M | -$2.94M | -$302.54K | -$407.62K | |
| — | -60.3% | -87.03% | — | — | — | |
| -$18.3M | -$18.98M | -$25.33M | — | — | — | |
| USD/shares | — | -$0.89 | -$1.25 | — | — | — |
| USD/shares | — | -$0.89 | -$1.25 | — | — | — |
| shares | — | 21.43M | 20.31M | — | — | — |
| shares | — | 21.43M | 20.31M | — | — | — |
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.
Valuation
Peer medians compare against the 28 similar-size Packaged Foods companies (of 68 listed).
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Geography (USD)
| Component | FY2025 | FY2024 |
|---|---|---|
| Southeast Region | $10,695,000 | $11,933,000 |
| Midwest Region | $9,446,000 | $4,307,000 |
| Southwest Region | $3,400,000 | $2,731,000 |
| Northeast Region | $2,441,000 | $1,547,000 |
| Mountain | $2,186,000 | $1,422,000 |
| Pacific | $1,839,000 | $5,109,000 |
| International | $1,469,000 | $2,051,000 |