On this page of Benford's Law Stocks.com we present our study of Borealis Foods Inc. — ticker symbol BRLS. SEC filings have been screened by our Benford's Law software, for quarterly 10Q and annual 10K filings from 4/15/2024 to 5/20/2024 for Borealis Foods Inc. under CIK number 0001852973. For filings made in XBRL (eXtensible Business Reporting Language) format, our algorithm extracts all "tagged" numbers presented by the company; for any non-XBRL filings our algorithm uses its own interal set of rules to extract what it believes to be numbers as found throughout the filings. The format found for each filing is presented below together with the results for BRLS, with the percentage of found numbers beginning with each digit (1's, 2's, 3's, 4's, 5's, 6's, 7's, 8's, and 9's) charted against the "normal" range observed throughout our coverage universe, as well as the "normal" range for Borealis Foods Inc. based on the past BRLS filings our system processed in the past.
29.9
9.7
6.9
11.2
14.6
6.5
8.7
7.8
4.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
XBRL?   [ original filing ]
Total numbers found: 321
Recent share count: 3,739,631 (3's column)

= Typical range across full coverage universe
Benford's Law Stocks Indicator
321
Low count compared to other filers, falling in the bottom quartile. At this number count, it would take about 3 numbers to move any given column by a full percentage point.
47

Starting from a possible score of 100, we made the following score deductions:
 • We deducted points upon observing the 2's percentage was below the typical coverage universe range.
 • We deducted points upon observing the 3's percentage was below the typical coverage universe range.
 • The 4's percentage was higher than the 3's percentage, increasing the penalty multiplier.
 • We deducted point (includes the impact of penalty multiplier) upon observing the 4's percentage was above the typical coverage universe range.
 • The 5's percentage was higher than the 4's percentage, increasing the penalty multiplier.
 • This is the 2nd column with percentage higher than the prior column, resulting in a penalty deduction.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 5's percentage was above the typical coverage universe range.
 • The 7's percentage was higher than the 6's percentage, increasing the penalty multiplier.
 • This is the 3rd column with percentage higher than the prior column, resulting in a penalty deduction.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 7's percentage was above the typical coverage universe range.
 • We deducted points upon observing the 8's percentage was above the typical coverage universe range.
Benford's Law Stocks Indicator
BRLS
Low score compared to other filers, falling in the bottom quartile.
VOR
KRBP
LMND
COOL
GTE
GATEU
MGAM
RSI
Check our work! We provide our Borealis Foods Inc. Benford's Law analysis for informational purposes only, and our software should be expected to make mistakes and contain errors (nothing you see on this website should be relied upon for any decision-making without first repeating the analysis yourself independently), and so below we present to you all of the numbers our system detected, for the BRLS filing above. This way, you can open the filing on your own and compare what you see below against what you yourself find. This can also be helpful for exploring any columns in particular that caught your eye.

1's 2's 3's
We found 96 numbers that start with the digit 1. Here they are:
1,775,756
17,182,292
108,469
1,917,356
1,917,356
169,685
169,685
10,887,730
13,118,707
14,184,293
13,509,189
1,525,497
1,683,308
1,566,233
1,566,233
16,199,690
1,877,803
1,004,588
158,995
1,458,607
1,530,581
1,458,607
1,371,586
124
17,079,576
10,731,583
17,079,576
10,731,583
100,000,000
193,554
193,554
100,000,000
1,102,369
100,000,000
1,273,053
1,273,053
10,285,918
10,285,918
16,199,690
1,273,053
193,554
1,551,597
15,000,000
147,738
128,708
14,371,292
12,681,263
10,349,494
1,506,000
1,273,000
10
10
1,526,000
199,000
1,506,000
1,455,000
1,880,000
1,802,000
1,771,421
1,942,850
188,633
10,108,916
10,108,917
12,367,288
11,373,085
10
10
10,000,000
10
10,000,000
10
15,000,000
12,167,000
10,000,000
13,035,374
10
1,314,875
10
1,980,000
13,868,000
1,000,000
12,167,000
100
11.50
11.50
17,250,000
17,250,000
18.00
1,273,000
194,000
17,079,576
10,731,583
17,079,576
10,731,583
17,079,576
10,731,583
We found 31 numbers that start with the digit 2. Here they are:
21,378,852
224,433
2,397,475
22,182,519
28,813,458
21,347,295
2,079,203
242,573
21,347,295
21,378,890
251,260
208,807
2,397,000
200,000
250,000
2
231,082
20,000,000
2,189,977
27,000,000
27,000,000
25,000,000
25
2,138,838
26.5
21
26,550,000
26,550,000
264,400
227,666
26,550,000
We found 22 numbers that start with the digit 3. Here they are:
3,000,000
3,000,000
344,487
37,986,129
306,000
3,300,756
3,729,820
3,000,000
39,000
37,000
300,000
3,787,585
3,000,000
3
3,000,000
375,925
333,574
3.81
3,468,760
3,696,426
3,666,426
333,574
4's 5's 6's
We found 36 numbers that start with the digit 4. Here they are:
4,770,512
45,965,322
46,408,540
47,300,000
43,794
43,794
44,118,081
423,767
4,770,469
4,219,631
4,564,118
49
49
42,625,786
4,639,657
42,819,340
43,921,709
44,118,081
42,449
450,618
487,409
424,000
482,000
42,595,867
42,594,605
45,965,322
46,408,540
4,800,000
4,500,000
40,544
4.75
4.50
4,000,000
4,000,000
49
49
We found 47 numbers that start with the digit 5. Here they are:
530,433
53,338
575,426
565,353
5,000,000
54,133,275
588,588
5,658,101
5,935,704
5,935,580
55
55
56,008,749
5,935,580
5,935,580
56,008,749
56,008,749
54,991,472
54,991,472
56,008,749
5,935,580
5,914,604
550,984
500,000
5,000,000
595,420
5,146,616
54,991,472
500,000
589,000
58
57
5,263,143
5,190,811
5,627,827
5,078,103
58,332,610
57,781,625
5
5
50
5,000,000
5,936,000
5,935,580
55
5,935,580
55
We found 21 numbers that start with the digit 6. Here they are:
6,803,482
6,945,028
65,786,342
681,121
67,303,788
65,465,376
65,786,342
6,973,015
6,345,000
6,345,000
6,345,000
65,465,376
6,345,000
6,769,433
63,575
651,208
623,447
61
6,803,482
6,945,028
60
7's 8's 9's
We found 28 numbers that start with the digit 7. Here they are:
7,615,630
70,332,965
7,240,197
7,825,790
7,825,790
71,119
73,896,998
70,332,965
7,895,433
7,652,860
7,215,588
78,621,110
73,896,998
77,316
726,369
7,395
7,852,262
7,534,647
7,615,630
7,325,790
7,895,000
780,000
759,000
73
74
70
77,000
7,601,661
We found 25 numbers that start with the digit 8. Here they are:
8,211,050
845,878
87,133,637
8,484,021
8,778,540
8,354,773
8,699,260
8,431,622
8,431,622
8,431,622
8,431,622
8,431,622
8,211,050
846,000
8,484,000
8,779,000
8,355,000
80
85
83,000
8
8,432,000
80.00
8,431,622
8,431,622
We found 15 numbers that start with the digit 9. Here they are:
98,083
90,096,688
961,956
90,096,688
994,202
961,956
99,097
922,041
922,041
994,000
962,000
931,000
9,000,000
9,300,000
9,300,000
While the above BRLS 10Q Filed 5/20/2024 is interesting in isolation, we have found that it is also useful to take a look at older Borealis Foods Inc. filings processed by our Benford's Law Stocks algorithm, to see how the company's filings "typically look" on a Benford's Law analysis. Below we repeat the 10Q Filed 5/20/2024 but instead of the chart comparing against the typical company across our coverage universe, below we show the same chart compared against the typical BRLS 10Q and 10K filings that we have processed historically. This is followed by similar charts for each of those historical filings.

29.9
9.7
6.9
11.2
14.6
6.5
8.7
7.8
4.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 47
XBRL?   [ original filing ]
Total numbers found: 321

= Typical BRLS range from 4/15/2024 to 5/20/2024
38.3
19.3
11.1
9.9
7.6
3.5
2.9
3.2
4.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 86
XBRL?   [ original filing ]
Total numbers found: 342

= Typical BRLS range from 4/15/2024 to 5/20/2024
 

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