Filing Signals

Source: SEC EDGAR Compiled 2026-09-14 08:28 UTC All 21 checks passing

← All events

Borealis Foods Inc.

CIK 1852973 BRLS·Manufacturing · All EDGAR filings ↗

Progression

  1. Auditor change 8-K
  2. Late filing NT 10-K +74d
  3. Accounting standard newly cited 10-K +63d
  4. Going concern 10-K/A +57d
Refine
Form
An amendment is grouped with the report it amends; every 12b-25 notice is one group

Late filing Filing comparison

Borealis Foods Inc. told the SEC it could not file its quarterly report on time

Does not expect a significant change in results. Filed on the statutory due date.

(the “Company”) could not be filed within the prescribed time period without unreasonable effort or expense because the Company requires additional time to complete the preparation and review of its financial statements and related disclosures. The Company is working diligently to complete and file the Form 10-Q as soon as practicable.
Evidence
Anticipates significant change
No
Days past due date
0
Routine
Yes
Severity
normal
Source
Form 12b-25 (notification of late filing)
Stated reason
(the “Company”) could not be filed within the prescribed time period without unreasonable effort or expense because the Company requires additional time to complete the preparation and review of its financial statements and related disclosures. The Company is working diligently to complete and file the Form 10-Q as soon as practicable.
Why
The company told the SEC it could not file a periodic report on time, using Form 12b-25.

Source filing ↗

Going concern Filing comparison

Borealis Foods Inc. disclosed substantial doubt about its ability to continue as a going concern

No going-concern disclosure → Substantial doubt about ability to continue as a going concern

Doubt about the Company’s Ability to Continue as a Going Concern The accompanying consolidated financial statements have been prepared assuming that the Company will continue as a going concern. As discussed in Note 1 to the consolidated financial statements, the substantial amount of debt coming due within the next 12 months and negative cash flow position along with other conditions as set forth in Note 1, raise substantial doubt about the Company’s ability to continue as a going concern. Management’s plans in regard to these matters are also described in Note 1. The consolidated financial…
Evidence
Blank check
No
Comparable
Yes
Current state
substantial_doubt
Current state label
Substantial doubt about ability to continue as a going concern
Direction
escalated
Located in
going-concern note
Prior filed
2026-06-02
Prior form
10-K
Prior state
none
Prior state label
No going-concern disclosure
Source
ASC 205-40 going-concern note comparison
Why
Disclosure about the company's ability to continue as a going concern changed compared with its previous report.

Source filing ↗ Prior filing ↗

Accounting standard newly cited Filing comparison

Borealis Foods Inc. cited accounting standard ASU 2023-07 for the first time in this filing series

The adoption of ASU 2023-07 did not have a significant impact on the Company’s consolidated financial statements.
Evidence
Adopted
2023-07
Contexts
The adoption of ASU 2023-07 did not have a significant impact on the Company’s consolidated financial statements.
New standards
2023-07, 2023-09, 2024-03, 2025-05, 2025-11
Prior filed
2025-06-18
Prior form
10-K/A
Restates existing policy
No
Source
accounting standards update (ASU) reference comparison
Why
An accounting standard (ASU) appears in this filing that did not appear in the previous comparable one, in a sentence describing it as adopted. That is a change in what the company discloses, which is not always a change of policy in the current period: the filing may state an adoption date years earlier.

Source filing ↗ Prior filing ↗

Late filing elevated Filing comparison

Borealis Foods Inc. told the SEC it could not file its quarterly report on time

Does not expect a significant change in results. Filed on the statutory due date. other reports also outstanding

(the “Company”) could not be filed within the prescribed time period without unreasonable effort or expense because the Company requires additional time to complete the preparation and review of its financial statements and related disclosures. The Company previously did not timely file its Annual Report on Form 10-K for the fiscal year ended December 31, 2025. The Company is working diligently to complete and file the Form 10-Q as soon as practicable.
Evidence
Anticipates significant change
No
Days past due date
0
Other periodic reports filed
No
Routine
No
Severity
elevated
Source
Form 12b-25 (notification of late filing)
Stated reason
(the “Company”) could not be filed within the prescribed time period without unreasonable effort or expense because the Company requires additional time to complete the preparation and review of its financial statements and related disclosures. The Company previously did not timely file its Annual Report on Form 10-K for the fiscal year ended December 31, 2025. The Company is working diligently to complete and file the Form 10-Q as soon as practicable.
Why
The company told the SEC it could not file a periodic report on time, using Form 12b-25.

Source filing ↗

Late filing elevated Filing comparison

Borealis Foods Inc. told the SEC it could not file its annual report on time

Does not expect a significant change in results. Filed on the statutory due date.

(the “Company”) could not be filed within the prescribed time period without unreasonable effort or expense because the Company’s requires more time to complete the procedures relating to its year-end reporting process, including final review of the Form 10-K. The Company is working diligently to complete the Form 10-K as soon as possible.
Evidence
Anticipates significant change
No
Days past due date
0
Routine
No
Severity
elevated
Source
Form 12b-25 (notification of late filing)
Stated reason
(the “Company”) could not be filed within the prescribed time period without unreasonable effort or expense because the Company’s requires more time to complete the procedures relating to its year-end reporting process, including final review of the Form 10-K. The Company is working diligently to complete the Form 10-K as soon as possible.
Why
The company told the SEC it could not file a periodic report on time, using Form 12b-25.

Source filing ↗

Auditor change high SEC item code

Borealis Foods Inc.'s auditor resigned

The auditor resigned.

Evidence
Direction
resigned
Direction label
The auditor resigned
Item code
4.01
Item title
Changes in Registrant's Certifying Accountant
Severity
high
Source
SEC 8-K item code
Why
The company's independent registered accounting firm changed.

Source filing ↗

Auditor change SEC item code

Borealis Foods Inc. reported a change in its independent accounting firm

Evidence
Disagreements disclosed
No
Item code
4.01
Item title
Changes in Registrant's Certifying Accountant
Severity
normal
Source
SEC 8-K item code
Why
The company's independent registered accounting firm changed.

Source filing ↗