Risk factors
Borealis Foods (BRLS) risk factors
Item 1A of every Borealis Foods Inc. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.
- FY2025 10-K risk factors65 risks35 new24 dropped11 reworded
Liquidity and financing risks now dominate, including $0.06 million cash, $61.76 million working-capital deficit, and going-concern doubt.
Filed Jun 02, 2026 - FY2024 10-K risk factors54 risks
Borealis Foods operates as an early-stage plant-based food company with substantial going concern doubts and an accumulated deficit of $90.8 million as of December 31, 2024. The business relies heavily on single-source suppliers like Puris Foods for pea protein and is concentrated among a few key customers.
Filed Apr 15, 2025