Borealis Foods INC. (BRLSW) — SEC Filings

Overview

Borealis Foods INC. (BRLSW) is a publicly traded company tracked on ReadTheFiling. The most recent enriched filing is a 10-Q filed on Nov 19, 2025: Borealis Foods Inc. (BRLSW) reported a net loss of $3,780,821 for the three months ended September 30, 2025, an improvement from the $4,832,169 net loss in the same period of 2024. For the nine months ended September 30, 2025, the net loss was $12,568,535, significantly better than the $19,561,531 l

Sentiment Summary

Across 32 filings, the sentiment breakdown is: 3 bearish, 28 neutral, 1 mixed. The dominant filing sentiment for Borealis Foods INC. is neutral.

Filing Type Overview

Borealis Foods INC. (BRLSW) has filed 12 8-K, 6 10-Q, 2 10-K/A, 2 10-K, 7 SC 13G/A, 1 8-K/A, 1 SC 13D, 1 SC 13G with the SEC between Feb 2024 to Dec 2025.

Filings by Year

2025 · 2024

Recent Filings (32)

• 8-K Filing — 8-K · Dec 16, 2025
• Borealis Foods Faces Going Concern Doubt Amid Mounting Debt, Cash Crunch — 10-Q · Nov 19, 2025 Risk: high
  Borealis Foods Inc. (BRLSW) reported a net loss of $3,780,821 for the three months ended September 30, 2025, an improvement from the $4,832,169 net loss in the
• Borealis Foods Inc. Files 8-K — 8-K · Sep 9, 2025 Risk: low
  Borealis Foods Inc. filed an 8-K on September 9, 2025, reporting other events and financial statements as of September 8, 2025. The company, formerly known as O
• Borealis Foods Inc. Faces Delisting Concerns — 8-K · Sep 4, 2025 Risk: high
  Borealis Foods Inc. filed an 8-K on August 29, 2025, reporting a notice of delisting or failure to satisfy a continued listing rule. The company, formerly known
• Borealis Foods Inc. Files Q2 2025 10-Q — 10-Q · Aug 19, 2025 Risk: low
  Borealis Foods Inc. filed its quarterly report for the period ending June 30, 2025. The company, formerly known as Oxus Acquisition Corp. until March 23, 2021,
• Borealis Foods Files 10-K/A Amendment, Confirms Compliance — 10-K/A · Jun 18, 2025 Risk: low
  Borealis Foods Inc. filed a 10-K/A Amendment No. 2 for the fiscal year ended December 31, 2024, indicating a correction or update to its annual report. The comp
• Borealis Foods Inc. Files 8-K — 8-K · May 28, 2025 Risk: low
  Borealis Foods Inc. filed an 8-K on May 27, 2025, reporting other events and financial statements. The company, formerly known as Oxus Acquisition Corp. until M
• Borealis Foods Inc. Files Q1 2025 10-Q Report — 10-Q · May 20, 2025 Risk: low
  Borealis Foods Inc. filed its quarterly report on Form 10-Q for the period ending March 31, 2025. The company, formerly known as Oxus Acquisition Corp. until Ma
• Borealis Foods Inc. Files 10-K/A Amendment — 10-K/A · Apr 30, 2025 Risk: low
  Borealis Foods Inc. filed an amendment (10-K/A) to its annual report for the fiscal year ended December 31, 2024. The company, formerly known as Oxus Acquisitio
• Borealis Foods Inc. Files 2024 10-K — 10-K · Apr 15, 2025 Risk: low
  Borealis Foods Inc. filed its 2024 10-K on April 15, 2025, reporting on its fiscal year ending December 31, 2024. The company, formerly known as Oxus Acquisitio
• Borealis Foods Inc. Files 8-K for Agreements and Officer Changes — 8-K · Jan 6, 2025 Risk: medium
  Borealis Foods Inc. filed an 8-K on January 6, 2025, reporting on a material definitive agreement and changes in its board and officer composition, effective De
• Borealis Foods Inc. Files Q3 2024 10-Q — 10-Q · Nov 14, 2024 Risk: medium
  Borealis Foods Inc. filed its 10-Q for the period ending September 30, 2024. The company, formerly Oxus Acquisition Corp., reported financial results for the th
• SC 13G/A Filing — SC 13G/A · Nov 7, 2024
• Borealis Foods Inc. Amends Filing for Financials — 8-K/A · Aug 21, 2024 Risk: low
  Borealis Foods Inc. filed an 8-K/A on August 21, 2024, to amend a previous filing. The amendment pertains to financial statements and exhibits, specifically rel
• Borealis Foods Inc. Files 8-K with Office and Name Change Details — 8-K · Aug 20, 2024 Risk: low
  Borealis Foods Inc. filed an 8-K on August 20, 2024, reporting events as of August 15, 2024. The filing indicates the company's principal executive offices are
• Borealis Foods Inc. Files Q2 2024 10-Q — 10-Q · Aug 14, 2024 Risk: medium
  Borealis Foods Inc. filed its 10-Q for the period ending June 30, 2024. The company, formerly Oxus Acquisition Corp., reported financial results for the second
• Borealis Foods Inc. Files 8-K: Agreements, Officer Changes, Financials — 8-K · Jul 10, 2024 Risk: medium
  Borealis Foods Inc. announced on July 8, 2024, the entry into a material definitive agreement. The company also reported the departure of directors or certain o
• Borealis Foods Inc. Files 8-K with Financial Exhibits — 8-K · Jun 6, 2024 Risk: low
  On June 5, 2024, Borealis Foods Inc. filed an 8-K report. The filing primarily concerns financial statements and exhibits, indicating a regulatory disclosure. B
• Borealis Foods Inc. Files 8-K on Financials — 8-K · May 23, 2024 Risk: low
  Borealis Foods Inc. filed an 8-K on May 23, 2024, reporting on its results of operations and financial condition. The filing also includes financial statements
• Borealis Foods Inc. Files Q1 2024 10-Q — 10-Q · May 21, 2024 Risk: low
  Borealis Foods Inc. filed its quarterly report for the period ended March 31, 2024. The company, formerly known as Oxus Acquisition Corp. until March 23, 2021,
• Borealis Foods Inc. Files 8-K on Financials — 8-K · Apr 16, 2024 Risk: low
  Borealis Foods Inc. filed an 8-K on April 16, 2024, reporting on its results of operations and financial condition. The filing includes financial statements and
• Borealis Foods Inc. Files 2023 Annual Report on Form 10-K — 10-K · Apr 15, 2024 Risk: medium
  Borealis Foods Inc. (BRLSW) filed a Annual Report (10-K) with the SEC on April 15, 2024. Borealis Foods Inc. filed its annual report on Form 10-K for the fiscal
• Helg Barthelemy Discloses Significant Stake in Borealis Foods — SC 13D · Feb 14, 2024 Risk: medium
  Helg Barthelemy filed an SC 13D on February 14, 2024, reporting an event that occurred on February 7, 2024, concerning Borealis Foods Inc. The filing indicates
• SC 13G/A Filing — SC 13G/A · Feb 14, 2024
• SC 13G/A Filing — SC 13G/A · Feb 14, 2024
• SC 13G/A Filing — SC 13G/A · Feb 13, 2024
• Borealis Foods Reports Material Agreement, Acquisition, and Officer Changes — 8-K · Feb 13, 2024 Risk: medium
  Borealis Foods Inc. filed an 8-K on February 13, 2024, reporting events that occurred on February 7, 2024. The filing detailed the entry into a material definit
• SC 13G Filing — SC 13G · Feb 13, 2024
• SC 13G/A Filing — SC 13G/A · Feb 13, 2024
• Periscope Capital Amends Borealis Foods Stake on Dec 31, 2023 — SC 13G/A · Feb 9, 2024 Risk: low
  Periscope Capital Inc. filed an amended SC 13G/A on February 9, 2024, indicating a change in their beneficial ownership of Borealis Foods Inc. (formerly Oxus Ac
• Adage Capital Exits Oxus Acquisition Corp. Position — SC 13G/A · Feb 7, 2024
  Adage Capital Partners, L.P. filed an amended SC 13G/A on February 7, 2024, indicating a significant change in their beneficial ownership of Oxus Acquisition Co
• Oxus Acquisition Corp. Files 8-K for Rule 425 Communications — 8-K · Feb 2, 2024
  Oxus Acquisition Corp. filed an 8-K on February 2, 2024, indicating it is using Rule 425 under the Securities Act for written communications. This filing, while

Risk Profile

Risk Assessment: Of BRLSW's 23 recent filings, 2 were flagged as high-risk, 7 as medium-risk, and 14 as low-risk. The overall risk profile suggests relatively low risk with generally favorable filings.

Financial Highlights

Key financial metrics from Borealis Foods INC.'s most recent 10-Q filing (Nov 19, 2025):

• Revenue: $21,137,689
• Net Income: -$12,568,535
• EPS: N/A
• Debt-to-Equity: N/A
• Cash Position: $128,869
• Operating Margin: N/A
• Total Assets: N/A
• Total Debt: N/A

Key Executives

• Helg Barthelemy
• Pouneh Rahimi

Industry Context

Borealis Foods operates as a food technology integrator focused on addressing global food security through functional foods. The company develops and commercializes tasty, affordable, and sustainable ready-to-eat meals. The industry is characterized by a growing demand for convenient, healthy, and sustainable food options, but also faces challenges related to supply chain stability, regulatory compliance, and intense competition.

Top Tags

10-Q (5) · quarterly-report (4) · corporate-actions (4) · financial-statements (3) · company-information (3) · amendment (3) · material-agreement (3) · financials (3) · Emerging Growth Company (2) · SEC Filing (2)

Key Numbers

• Cash: $128,869 — Critically low cash balance as of September 30, 2025, down from $652,965 at December 31, 2024.
• Total Current Liabilities: $64,119,395 — Significant increase from $25,406,490 at December 31, 2024, indicating severe liquidity strain.
• Total Current Assets: $9,470,623 — Substantially lower than current liabilities, highlighting a negative working capital position.
• Due to Related Parties: $19,134,580 — Major increase from $7,825,792 at December 31, 2024, adding to current debt burden.
• Notes Payable, Current Portion: $20,166,932 — Sharp rise from $5,456,934 at December 31, 2024, indicating significant near-term debt maturities.
• Net Loss (3 months): $(3,780,821) — Improved from $(4,832,169) year-over-year, but still a substantial loss.
• Net Loss (9 months): $(12,568,535) — Improved from $(19,561,531) year-over-year, but ongoing losses are a concern.
• Revenue, net (3 months): $7,103,749 — Decreased from $7,687,899 year-over-year, showing a decline in sales.
• Revenue, net (9 months): $21,137,689 — Slightly increased from $20,908,612 year-over-year, indicating stagnant top-line growth.
• Net Cash Used in Operating Activities (9 months): $(3,760,111) — Continued negative operating cash flow, though an improvement from $(14,270,118) in the prior year.
• Commission File Number: 001-40778 — Identifies the company's filing with the SEC
• I.R.S. Employer Identification No.: 98-1638988 — Tax identification number for the company
• SEC File Number: 001-40778 — Identifies the company's filing with the SEC.
• EIN: 98-1638988 — Employer Identification Number for tax purposes.
• Fiscal Year End: 2024 — The annual report covers the fiscal year ending December 31, 2024.

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