Borealis Foods Inc. Income Statement
BRLS|2 years of annual SEC 10-K data (FY2024-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 2 fiscal years. All figures from audited SEC 10-K filings.
Borealis Foods Inc. reported $29M in revenue and $25M in net loss for FY2025. Revenue decreased 3.0% from FY2024 to FY2025.
Based on SEC 10-K filings.
| Item | FY2025 | FY2024 |
|---|---|---|
| Revenue | $29.1M | $30.0M |
| Cost of Revenue | $25.5M | $31.3M |
| Gross Profit | $2.2M | -$1.3M |
| SG&A Expense | $22.6M | $18.6M |
| R&D Expense | $197.0K | $460.0K |
| Operating Income | -$20.4M | -$19.9M |
| Interest Expense | $5.1M | - |
| Income Tax | -$134.9K | -$336.0K |
| Net Income | -$25.3M | -$27.5M |
| EPS (Basic) | -$1.25 | -$2.56 |
| EPS (Diluted) | -$1.25 | -$2.56 |
| Shares Outstanding | 20.3M | 21.4M |
| Gross Margin | 7.5% | -4.3% |
| Operating Margin | -70.1% | -66.5% |
| Profit Margin | -87.0% | -91.6% |