| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net loss | -12,568,535 | -8,787,714 |
| Non-cash compensation expense related to stock options | 315,842 | 312,844 |
| Depreciation and amortization | 1,407,642 | 954,428 |
| Amortization of loan costs | 231,947 | 153,782 |
| Dividend income | - | 0 |
| Provision for credit losses | 289,197 | 289,197 |
| Provision for inventory reserve | -692,083 | -604,754 |
| Accounts receivable | 898,233 | 643,351 |
| Inventories | -2,740,444 | -1,649,018 |
| Prepaid expenses and other | -365,539 | -732,410 |
| Other non-current assets | - | 85,000 |
| Operating lease | -2,211 | -1,388 |
| Accounts payable and accrued expenses | 3,227,978 | 2,460,985 |
| Accrued interest | 1,822,362 | - |
| Net cash used in operating activities | -3,760,111 | -3,569,543 |
| Purchases of intangible assets | 64,403 | 31,702 |
| Purchases of property, plant and equipment | - | -3,078 |
| Proceeds from reverse capitalization | - | 0 |
| Purchases of property, plant and equipment | -3,078 | - |
| Net cash used in investing activities | -61,325 | -28,624 |
| Proceeds from related parties | 3,707,127 | 3,427,127 |
| Borrowings on line of credit | - | 0 |
| Proceeds from convertible notes payable | - | 0 |
| Payments on finance leases payable | 409,787 | 275,346 |
| Net cash provided by financing activities | 3,297,340 | 3,151,781 |
| Net change in cash | -524,096 | -446,386 |
| Cash and cash equivalents at beginning of period | 652,965 | - |
| Cash and cash equivalents at end of period | 128,869 | - |
Borealis Foods Inc. (BRLSW)
Borealis Foods Inc. (BRLSW)