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Income Statement
Borealis Foods Inc. (BRLS)
source: myfinsight.com
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Net loss
-$4,600,126
(26.96%↑ Y/Y)
Gross sales
$7,575,869
Loss before income
taxes
-$4,586,139
Income tax expense
$13,987
(-0.91%↓ Y/Y)
Revenue, net
$7,188,269
(34.98%↑ Y/Y)
Sales discounts &
allowances
$387,600
Loss from operations
-$3,356,002
(35.33%↑ Y/Y)
Total other expense
-$1,230,137
Gross profit
$514,885
(21.92%↑ Y/Y)
Total cost of goods
sold
$6,673,384
Total sales, general &
administrative expenses
$3,870,887
(-31.02%↓ Y/Y)
Gain (loss) on
foreign exchange rates
-$2,221
(-149.29%↓ Y/Y)
Interest expense
$1,227,916
Depreciation and
amortization
$473,874
(19.90%↑ Y/Y)
Cost of goods sold
$6,199,510
Training
$192,500
Business development
$607,037
General &
administrative expenses
$2,505,158
Sales & marketing
$566,193
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