| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net loss | -3,512,418 | -6,410,083 | -3,780,821 | -8,787,714 |
| Non-cash compensation expense related to stock options | NaN | NaN | 2,998 | 312,844 |
| Non-cash compensation expense related to restricted share units | -40,125 | -528,917 | NaN | 85,000 |
| Depreciation and amortization | 386,044 | 433,644 | 453,214 | 954,428 |
| Amortization of loan costs | NaN | 266,781 | 78,165 | 153,782 |
| Impairment loss | NaN | 2,007,438 | NaN | NaN |
| Dividend income | NaN | NaN | NaN | 0 |
| Provision for credit losses | 32,997 | -306,850 | 0 | 289,197 |
| Provision for inventory reserve | -30,120 | -24,445 | -87,329 | -604,754 |
| Deferred income taxes | NaN | -80,697 | NaN | NaN |
| Accounts receivable | -872,663 | -233,405 | 254,882 | 643,351 |
| Inventories | -1,080,160 | -1,439,766 | -1,091,426 | -1,649,018 |
| Prepaid expenses and other | 308,985 | -8,456 | 366,871 | -732,410 |
| Operating lease | 321 | -946 | -823 | -1,388 |
| Accounts payable and accrued expenses | 1,316,341 | 1,289,106 | 766,993 | 2,460,985 |
| Accrued interest | NaN | NaN | 1,822,362 | NaN |
| Net cash used in operating activities | -122,872 | -2,838,712 | -190,568 | -3,569,543 |
| Purchases of intangible assets | NaN | NaN | 32,701 | 31,702 |
| Purchases of property, plant and equipment | NaN | NaN | NaN | -3,078 |
| Purchases of intangible assets | NaN | 68,816 | NaN | NaN |
| Proceeds from reverse capitalization | NaN | NaN | NaN | 0 |
| Purchases of property, plant and equipment | NaN | 0 | -3,078 | NaN |
| Net cash used in investing activities | NaN | -4,413 | -32,701 | -28,624 |
| Proceeds from convertible notes payable | NaN | NaN | NaN | 0 |
| Proceeds from related parties | 1,421,825 | 8,161,305 | 280,000 | 3,427,127 |
| Payments on finance leases payable | 151,242 | 140,953 | 134,441 | 275,346 |
| Payments on line of credit | 4,996,956 | 13,319,841 | NaN | NaN |
| Borrowings on line of credit | 4,515,243 | 8,410,937 | NaN | 0 |
| Payments on notes payable | 250,000 | 333,333 | NaN | NaN |
| Net cash provided by financing activities | 538,870 | 2,778,115 | 145,559 | 3,151,781 |
| Net change in cash | 415,998 | -65,010 | -77,710 | -446,386 |
| Cash, beginning of period | 63,859 | 128,869 | 652,965 | NaN |
| Cash, end of period | 479,857 | 63,859 | 128,869 | NaN |
Borealis Foods Inc. (BRLS)
Borealis Foods Inc. (BRLS)