Home

Borealis Foods Inc. (BRLS) red flags

CIK 0001852973 路 Oakville, A6 路 SIC 2000 路 All EDGAR filings

10 verified red-flag event(s) since 2025-04-01. Red flag score: 86 how it's calculated

5Borealis Foods Inc. (BRLS) Late quarterly report (NT 10-Q)nano2026-08-14
report still not filed after extension; also within 90 days: Going-concern doubt 路 company history
4Borealis Foods Inc. (BRLS) Going-concern doubt (10-Q)nano2026-06-30
quarterly (unaudited) disclosure; also within 90 days: Late quarterly report (NT 10-Q) 路 company history
5Borealis Foods Inc. (BRLS) Going-concern doubtnano2026-06-02
in auditor's report; also within 90 days: Late annual report (NT 10-K), Late quarterly report (NT 10-Q) 路 company history
4Borealis Foods Inc. (BRLS) Late quarterly report (NT 10-Q)nano2026-05-15
filed late on 2026-06-30; also within 90 days: Going-concern doubt, Late annual report (NT 10-K) 路 company history
5Borealis Foods Inc. (BRLS) Late annual report (NT 10-K)nano2026-03-31
filed late on 2026-06-02; also within 90 days: Auditor change, Going-concern doubt, Late quarterly report (NT 10-Q) 路 company history
5Borealis Foods Inc. (BRLS) Auditor changenano2026-01-16
auditor resigned; also within 90 days: Going-concern doubt, Late annual report (NT 10-K) 路 company history
4Borealis Foods Inc. (BRLS) Going-concern doubt (10-Q)micro2025-11-19
quarterly (unaudited) disclosure; also within 90 days: Auditor change 路 company history
3Borealis Foods Inc. (BRLS) Going-concern doubt (10-Q)micro2025-08-19
quarterly (unaudited) disclosure 路 company history
3Borealis Foods Inc. (BRLS) Going-concern doubt (10-Q)micro2025-05-20
quarterly (unaudited) disclosure 路 company history
5Borealis Foods Inc. (BRLS) Going-concern doubtmicro2025-04-15
in auditor's report 路 company history

Red flag score: 86 / 100 · very high

Computed only from the verified red flags below: each flag earns points for its severity, loses half its weight every 180 days, and companies with several different flag types in the past year get a bonus. Total points 97.3 → score = 100 × (1 − e−points/50) = 86. Full method

FlagFiledSeverityPointsAgeDecayCounts
Late quarterly report (NT 10-Q)2026-08-144/515.464 d×0.7812.0
Going-concern doubt2026-06-303/514.0109 d×0.669.2
Going-concern doubt2026-06-025/530.0137 d×0.5917.7
Late quarterly report (NT 10-Q)2026-05-153/59.8155 d×0.555.4
Late annual report (NT 10-K)2026-03-314/519.8200 d×0.469.2
Auditor change2026-01-164/522.0274 d×0.357.7
Going-concern doubt2025-11-193/514.0332 d×0.283.9
Going-concern doubt2025-08-193/514.0424 d×0.202.7
Going-concern doubt2025-05-203/514.0515 d×0.141.9
Going-concern doubt2025-04-155/530.0550 d×0.123.6
Multiple flag types in the last 365 days (4 types)+24

The red flag score summarizes how many, how serious and how recent a company's verified SEC red-flag filings are. It describes filing events only. It is not a fraud score, credit rating or prediction, and not investment advice.

What happened next

FlagDateCap at flag30d90d180d
Late quarterly report (NT 10-Q)2026-08-14$18.3M+75.0%pendingpending
Going-concern doubt2026-06-30$33.2M-44.3%-14.7%pending
Going-concern doubt2026-06-02$32.8M-11.6%-19.7%pending
Late quarterly report (NT 10-Q)2026-05-15$29.6M+4.4%-40.7%pending
Late annual report (NT 10-K)2026-03-31$30.4M+16.1%+4.9%-10.5%
Auditor change2026-01-16$22.3M+20.9%-14.8%-17.8%
Going-concern doubt2025-11-19$63.9M-41.1%-57.0%-55.0%
Going-concern doubt2025-08-19$65.7M-14.1%+6.9%-56.5%
Going-concern doubt2025-05-20$111.1M-13.6%-44.4%-40.5%
Going-concern doubt2025-04-15$126.5M+1.2%-41.1%-49.3%

Stock return after each flag; pending = window not yet elapsed; n/a = no price data.

Get the weekly "Red Flags" newsletter

The week's most serious auditor changes, restatements, late filings and going-concern warnings, in plain English. Free. Unsubscribe anytime.

Subscribe to the newsletter →
The signup form didn't load here (often an ad or privacy blocker). This opens beehiiv's secure signup page.

Form not showing? Subscribe on beehiiv →

Newsletter delivered by beehiiv. See our privacy policy.