Borealis Foods Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | $-19.0M | $-25.3M | $-27.5M | $-302.5K | $-407.6K |
| Depreciation & Amortization | $1.8M | $2.3M | $3.9M | — | — |
| Depreciation | $38.7M | $38.6M | $3.9M | — | — |
| Amortization | — | — | — | — | — |
| Stock-Based Compensation | — | $1.3M | $492.3K | — | — |
| Net Cash from Operating Activities | $-6.6M | $-15.1M | $-18.0M | $-2.1M | $-602.2K |
| Investing Activities | |||||
| Capital Expenditures | — | $1.7M | $4.5M | — | — |
| Business Acquisitions | — | — | — | — | — |
| Net Cash from Investing Activities | $-65.7K | $-1.9M | $-4.5M | — | $-176.0M |
| Financing Activities | |||||
| Dividends Paid | — | — | — | — | — |
| Stock Repurchases | — | — | $159.5M | — | — |
| Net Cash from Financing Activities | $6.1M | $10.0M | $24.9M | $1.7M | $177.7M |
| Net Change in Cash | — | $-7.0M | $2.5M | — | — |
| Free Cash Flow | — | $-16.7M | $-22.5M | — | — |