Financial Statements — BRFH
Balance Sheet
(in millions USD)| Metric | Q1 2026 | Q3 2025 | Q2 2025 | Q1 2025 | Q3 2024 | Q2 2024 | Q1 2024 | Q3 2023 | Q2 2023 | Q1 2023 | Q3 2022 | Q2 2022 | Q1 2022 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | -- | -- | -- | -- | -- | -- | 1.17 | 1.01 | 0.95 | 1.57 | 2.84 | 3.53 | 4.28 | 6.26 | 6.82 | 1.97 |
| Accounts Receivable | 2.28 | 2.49 | 0.55 | 1.50 | 1.66 | 0.67 | 1.37 | 1.16 | 0.36 | 0.57 | 1.14 | 1.25 | 1.72 | 1.18 | 0.54 | 0.58 |
| Inventory | 1.81 | 1.07 | 1.84 | 1.13 | 0.77 | 1.53 | 1.28 | 0.75 | 0.97 | 1.06 | 0.60 | 1.57 | 0.85 | 1.18 | 1.03 | 0.76 |
| Total Current Assets | 6.17 | 5.67 | 3.25 | 4.80 | 3.09 | 2.73 | 4.07 | 3.20 | 2.49 | 3.58 | 5.01 | 6.76 | 7.44 | 8.84 | 8.59 | 3.51 |
| Property, Plant & Equipment | 8.36 | 0.70 | 0.32 | 0.31 | 0.39 | 0.30 | 0.35 | 0.49 | 0.63 | 0.30 | 1.24 | 1.35 | 1.46 | 1.74 | 1.70 | 1.82 |
| Intangible Assets | 0.13 | 0.13 | 0.14 | 0.16 | 0.19 | 0.21 | 0.23 | 0.26 | 0.28 | 0.29 | 0.32 | 0.34 | 0.35 | 0.26 | 0.28 | 0.29 |
| Total Non-current Assets* | 8.67 | 1.12 | 0.51 | 0.54 | 0.68 | 0.60 | 0.68 | 0.75 | 0.91 | 0.60 | 1.61 | 1.75 | 1.89 | 2.23 | 2.23 | 2.38 |
| Total Assets | 14.83 | 6.80 | 3.77 | 5.34 | 3.77 | 3.33 | 4.75 | 3.95 | 3.40 | 4.18 | 6.61 | 8.50 | 9.33 | 11.08 | 10.81 | 5.90 |
| Accounts Payable | 1.70 | 1.73 | 0.90 | 1.42 | 1.22 | 0.84 | 1.33 | 1.69 | 0.78 | 1.31 | 1.80 | 1.28 | 1.38 | 1.42 | 0.64 | 0.34 |
| Short-term Debt | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 1.14 |
| Total Current Liabilities | 5.76 | 4.54 | 1.65 | 2.45 | 2.22 | 1.54 | 2.09 | 2.66 | 1.94 | 2.33 | 2.39 | 1.76 | 1.88 | 2.63 | 1.84 | 3.49 |
| Long-term Debt | 0.79 | 0.60 | 0.18 | 0.20 | 0.25 | -- | -- | -- | -- | -- | -- | -- | -- | 0.57 | 0.57 | 1.14 |
| Total Non-current Liabilities* | 7.39 | 0.33 | 0.07 | 0.10 | 0.15 | 0.11 | 0.13 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.03 | 0.56 | 0.61 | 0.71 |
| Total Liabilities | 13.16 | 4.87 | 1.72 | 2.55 | 2.37 | 1.66 | 2.21 | 2.66 | 1.94 | 2.33 | 2.39 | 1.76 | 1.91 | 3.18 | 2.46 | 4.20 |
| Retained Earnings | (66.98) | (65.55) | (65.26) | (64.38) | (62.77) | (62.26) | (61.24) | (60.09) | (59.62) | (59.29) | (56.50) | (53.80) | (53.06) | (52.30) | (51.79) | (51.49) |
| Total Stockholder Equity | 1.68 | 1.92 | 2.05 | 2.79 | 1.40 | 1.68 | 2.54 | 1.29 | 1.46 | 1.85 | 4.23 | 6.74 | 7.41 | 7.89 | 8.36 | 1.70 |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 5.63 | 5.42 | 4.23 | 1.63 | 2.93 | 2.79 | 3.64 | 1.46 | 2.83 | 1.92 | 2.60 | 1.51 | 2.09 | 1.43 | 2.41 | 2.80 | 2.53 | 2.45 | 1.93 | 1.30 |
| Cost of Revenue | 4.60 | 5.27 | 2.68 | 1.12 | 2.03 | 2.06 | 2.38 | 0.96 | 1.66 | 1.28 | 1.69 | 1.04 | 1.24 | 0.97 | 3.13 | 1.92 | 1.71 | 1.58 | 1.21 | 0.73 |
| Gross Profit | 1.03 | 0.16 | 1.55 | 0.51 | 0.90 | 0.73 | 1.26 | 0.51 | 1.17 | 0.64 | 0.91 | 0.47 | 0.86 | 0.46 | (0.72) | 0.88 | 0.82 | 0.88 | 0.72 | 0.56 |
| Research & Development | 0.02 | 0.05 | 0.03 | 0.03 | 0.02 | 0.03 | 0.05 | 0.02 | 0.03 | 0.03 | 0.03 | 0.04 | 0.02 | 0.03 | 0.22 | 0.10 | 0.03 | 0.07 | 0.03 | 0.07 |
| Selling, General & Admin | 0.76 | 0.92 | 0.84 | 0.67 | 0.75 | 0.61 | 0.71 | 0.87 | 0.86 | 0.63 | 0.58 | 0.49 | 0.99 | 0.13 | 1.06 | 0.81 | 1.55 | 1.15 | 1.07 | 1.02 |
| Total Operating Expenses | 1.47 | 1.72 | 1.81 | 1.37 | 1.64 | 1.54 | 1.76 | 1.52 | 1.62 | 1.34 | 1.39 | 1.22 | 1.77 | 2.34 | 1.99 | 1.62 | 1.71 | 1.31 | 1.23 | 1.16 |
| Operating Income | (0.44) | (1.57) | (0.26) | (0.87) | (0.74) | (0.82) | (0.50) | -- | -- | -- | -- | -- | -- | (1.88) | (2.71) | (0.74) | (0.89) | (0.44) | (0.51) | (0.60) |
| Interest Expense | 0.02 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 | 0.00 | 0.07 |
| Pretax Income* | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | (0.89) | -- | (0.51) | (0.30) |
| Tax Provision | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 | -- | 0.00 | 0.00 |
| Net Income | (0.66) | (0.76) | (0.29) | (0.88) | (0.76) | (0.85) | (0.51) | (1.01) | (0.45) | (0.70) | (0.48) | (0.74) | (0.91) | (1.88) | (2.71) | (0.74) | (0.89) | 0.13 | (0.51) | (0.30) |
| Basic EPS | (0.04) | (0.04) | (0.02) | (0.06) | (0.05) | (0.06) | (0.03) | (0.07) | (0.03) | (0.04) | (0.04) | (0.06) | (0.07) | (0.14) | (0.21) | (0.06) | -- | -- | -- | -- |
| Diluted EPS | (0.04) | (0.04) | (0.02) | (0.06) | (0.05) | (0.06) | (0.03) | (0.07) | (0.03) | (0.05) | (0.04) | (0.06) | -- | -- | -- | -- | -- | -- | -- | -- |
* Derived from reported values
Cash Flow Statement
(in millions USD)| Metric | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | (2.38) | 0.51 | (0.60) | (1.07) | (0.51) | (0.68) | 0.01 | (0.78) | (0.77) | (0.95) | 0.06 | (0.82) | (1.24) | (0.03) | (0.70) | (0.79) | (1.13) | (0.77) | (0.44) | (0.26) |
| Capital Expenditures | 0.65 | 0.08 | (0.05) | 0.07 | 0.03 | (0.01) | 0.06 | 0.00 | -- | -- | -- | -- | -- | 0.00 | 0.00 | -0.00 | 0.01 | 0.01 | 0.10 | 0.03 |
| Free Cash Flow* | (3.03) | 0.43 | (0.55) | (1.13) | (0.53) | (0.68) | (0.05) | (0.78) | -- | -- | -- | -- | -- | (0.03) | (0.70) | (0.79) | (1.15) | (0.78) | (0.54) | (0.29) |
| Investing Cash Flow | (0.65) | (1.30) | 0.05 | (0.07) | (0.03) | 0.01 | (0.06) | -0.00 | -- | -- | -- | -- | -- | 0.00 | 0.00 | 0.00 | (0.01) | (0.01) | (0.10) | (0.03) |
| Financing Cash Flow | 4.53 | (0.77) | 1.73 | (0.02) | 2.17 | 0.51 | 0.00 | 0.00 | 0.05 | -- | -- | -- | -- | 0.00 | 0.00 | 0.00 | 0.01 | 0.05 | (0.02) | 5.14 |
* Derived from reported values