Borealis Foods (BRLS)

Net assets on the balance sheet as of September 2025 : -$12.95 Million USD

According to Borealis Foods's latest financial reports the company has -$12.95 Million USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Borealis Foods - Net assets on balance sheet (from 2023 to 2025)

Net assets by year

Year	Net assets	Change
2024-12-31	$-$0.7 Million	-96.74%
2023-12-31	$-$21.35 Million	-112.06%
2022-12-31	$$0.17 B	530.06%
2021-12-31	$$28.08 M

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Borealis Foods (BRLS) - Net assets