| Income Statement | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Revenue, net | 7,103,749 | 7,188,269 | ||
| Cost of goods sold-Public Utilities Inventory Raw Materials | - | 0 | ||
| Cost of goods sold-Labor And Overhead | - | 0 | ||
| Cost of goods sold | 5,609,977 | 6,199,510 | ||
| Depreciation and amortization | 453,214 | 473,874 | ||
| Total cost of goods sold | 6,063,191 | 6,673,384 | ||
| Gross profit | 1,040,558 | 514,885 | ||
| Sales & marketing | - | 566,193 | ||
| General & administrative expenses | - | 2,505,158 | ||
| Business development | - | 607,037 | ||
| Training | - | 192,500 | ||
| Total sales, general & administrative expenses | 2,965,415 | 3,870,887 | ||
| Loss from operations | -1,924,857 | -3,356,002 | ||
| Loss on disposal of assets | - | 0 | ||
| Other income (expense) | - | 0 | ||
| Gain on foreign exchange rates | -936 | -2,221 | ||
| Interest expense, net | 1,855,028 | 1,227,916 | ||
| Total other expense | -1,855,964 | -1,230,137 | ||
| Loss before income taxes | -3,780,821 | -4,586,139 | ||
| Income tax expense | - | 13,987 | ||
| Net loss | -3,780,821 | -4,600,126 | ||
| Basic (in dollars per share) | -0.18 | 0.21 | ||
| Basic (in shares) | 21,463,415 | 21,407,493 | ||
| Diluted (in dollars per share) | -0.18 | 0.21 | ||
| Diluted (in shares) | 21,463,415 | 21,407,493 | ||
Borealis Foods Inc. (BRLSW)
Borealis Foods Inc. (BRLSW)