# Borealis Foods Inc. (BRLS)

**Exchange:** NASDAQ  
**Sector:** Consumer Defensive  
**Market cap:** $32M  
**Price:** $1.51 (-1.31%)

> Borealis Foods Inc. is a dynamic entity in the food manufacturing sector, known for its commitment to producing high-quality, sustainable, and nutritious food products. The primary function of Borealis Foods Inc. is to innovate and deliver food solutions that meet the evolving dietary needs of a diverse consumer base, focusing on sustainability and environmental responsibility. Its product lines are designed to cater to health-conscious consumers, offering options that are not only tasty but also aligned with modern dietary trends.

Borealis Foods is significant in the market for its emphasis on leveraging cutting-edge technology and sustainable practices to minimize environmental impact while maximizing nutritional value. It serves multiple sectors including retail, food service, and direct-to-consumer channels, thus playing a crucial role in the broader food and beverage industry. By continuously advancing its product offerings and maintaining strong ethical standards in its operations, Borealis Foods Inc. is positioned as a key player fostering innovation and sustainability in the global food market.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $31M | $4M | -$11M | -$19M | — |
| 2024 | $29M | $2M | -$20M | -$25M | — |
| 2023 | $31M | -$1M | -$20M | -$27M | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $53M | $72M | -$19M | $64,000 | — |
| 2024 | $60M | $61M | -$695,886 | — | — |
| 2023 | $66M | $87M | -$21M | — | — |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | -$7M | — | — |
| 2024 | -$15M | $2M | -$17M |
| 2023 | -$18M | $4M | -$22M |
| 2022 | -$2M | — | — |
| 2021 | -$602,161 | — | — |

Source: [CompaniesByCap](https://companiesbycap.com/company/BRLS)