brls: the income statement

MyFinsight

Borealis Foods Inc. (BRLS)

For the quarter ending 2025-06-30, BRLS made $7,188,269 in revenue. -$4,600,126 in net income. Net profit margin of -63.99%.

Unit: Dollar

	2025-06-30	2025-03-31	2024-09-30	2024-06-30
Revenue, net	7,188,269	6,845,670	7,687,899	5,325,280
Cost of goods sold	6,199,510	5,465,314	5,953,089	-
Cost of goods sold-Public Utilities Inventory Raw Materials	-	-	-	-
Cost of goods sold-Labor And Overhead	-	-	-	-
Depreciation and amortization	473,874	480,554	461,540	395,224
Total cost of goods sold	6,673,384	5,945,868	-	-
Raw materials	-	-	-	3,046,816
Labor and overhead	-	-	-	1,460,918
Total cost of goods sold	-	-	6,414,629	4,902,958
Gross profit	514,885	899,802	1,273,270	422,322
Training	-	-	477,752	-
Sales & marketing	566,193	-	1,123,460	-
General & administrative expenses	2,505,158	-	1,986,517	-
Business development	607,037	-	1,306,589	-
Training	192,500	-	-	-
Total sales, general & administrative expenses	3,870,887	3,816,920	4,894,318	5,611,669
Loss from operations	-3,356,002	-2,917,118	-3,621,048	-5,189,347
Other income (expense)	-	-	-	-
Interest expense	1,227,916	1,259,423	-	-
Loss on disposal of assets	-	-	-	-
Gain (loss) on foreign exchange rates	-2,221	-11,047	-	4,506
Total other expense	-1,230,137	-1,270,470	-2,765	-
Loss before income taxes	-4,586,139	-4,187,588	-	-
Income tax expense	13,987	-	832	14,116
Interest expense	-	-	1,207,524	1,098,783
Total other expense	-	-	-1,210,289	-1,094,277
Loss before income taxes	-	-	-4,831,337	-6,283,624
Net loss	-4,600,126	-4,187,588	-4,832,169	-6,297,740

Basic (in dollars per share)	0.21	-0.2	-0.23	-0.29
Basic (in shares)	21,407,493	21,379,347	21,378,890	21,378,890
Diluted (in dollars per share)	0.21	-0.2	-0.23	-0.29
Diluted (in shares)	21,407,493	21,379,347	21,378,890	21,378,890

Unit: Dollar