BARFRESH FOOD GROUP INC.
Business
Barfresh Food Group manufactures and distributes ready-to-drink and ready-to-blend frozen beverages and food products, including smoothies, shakes, frappes, and juice pops under brands like Twist & Go and Pop & Go. Products are sold through national accounts, regional accounts, and broadline distributors to institutional customers (schools, military bases) and food-service operators. Following the October 2025 acquisition of Arps Dairy, the company operates two reportable segments: Frozen Beverages and Food, which it manufactures both through contract manufacturers and its own acquired dairy processing facility; and Raw and Processed Milk, a legacy Arps Dairy business serving a single significant customer.
Summary from 10-K filed 2026-04-15
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Revenue | 14 | 11 | 8 | 9 | 7 | |
| Cost of revenue | 11 | 7 | 5 | 8 | 4 | |
| Gross profit | 3 | 4 | 3 | 1 | 3 | |
| Selling, marketing and distribution | 3 | 3 | 3 | 3 | 2 | |
| General and administrative | 3 | 3 | 3 | 4 | 2 | |
| Depreciation and amortization | 178,000 | 259,000 | 400,000 | 418,000 | 622,000 | |
| Total operating expenses | 7 | 6 | 6 | 8 | 5 | |
| Loss from operations | −3 | −3 | −3 | −6 | −2 | |
| Bargain purchase (Note 11) | −767,000 | — | — | — | — | |
| Debt guarantee expense (Note 5) | 97,000 | — | — | — | — | |
| Interest expense | 217,000 | 52,000 | 8,000 | — | — | |
| Net loss before benefit of income tax | −3 | −3 | — | — | — | |
| Benefit of income tax | 285,000 | — | — | — | — | |
| Net loss | −3 | −3 | −3 | −6 | −1 | |
| Weighted average shares outstanding - basic | 16 | 15 | 13 | 13 | 12 | |
| Weighted average shares outstanding - diluted | 16 | 15 | 13 | 13 | — | |
| Net loss per share - basic | −0.17 | −0.19 | −0.21 | −0.47 | −0.1 | |
| Net loss per share - diluted | −0.17 | −0.19 | −0.21 | −0.47 | — |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash | 325,000 | 235,000 | 2 | 3 | — | |
| Trade accounts receivable, net | 2 | 829,000 | 821,000 | 126,000 | 1 | |
| Other receivables | 99,000 | 55,000 | 160,000 | 101,000 | — | |
| Inventory, net | 2 | 2 | 1 | 1 | 705,000 | |
| Prepaid expenses and other current assets | 182,000 | 104,000 | 67,000 | 79,000 | 64,000 | |
| Total current assets | 4 | 3 | 4 | 4 | 8 | |
| Property, plant and equipment, net of depreciation | 8 | 333,000 | 409,000 | 801,000 | 2 | |
| Intangible assets, net of amortization | 125,000 | 178,000 | 241,000 | 306,000 | 370,000 | |
| Other non-current assets | 180,000 | 84,000 | 7,000 | — | — | |
| Total assets | 13 | 3 | 5 | 6 | 10 | |
| Line of credit | 1 | 609,000 | — | — | — | |
| Accounts payable - trade | 3 | 1 | 2 | 2 | 974,218 | |
| Accounts payable - construction in progress | 2 | — | — | — | — | |
| Disputed co-manufacturer accounts payable (Note 6) | 499,000 | 499,000 | 499,000 | 499,000 | — | |
| Accrued expenses | 388,000 | 142,000 | 85,000 | 286,000 | 228,000 | |
| Accrued payroll and employee related expenses | 173,000 | 67,000 | 53,000 | 233,000 | 212,465 | |
| Financing agreements - current | 296,000 | 99,000 | — | — | — | |
| Debt | 3 | — | — | — | — | |
| Total current liabilities | 11 | 3 | 2 | 3 | 1 | |
| Financing agreements | 470,000 | 124,000 | — | — | — | |
| Total liabilities | 12 | 3 | 2 | 3 | 2 | |
| Preferred stock, $0.000001 par value, 400,000 shares authorized, none issued or outstanding | — | — | — | — | — | |
| Common stock, $0.000001 par value; 23,000,000 shares authorized; and 15,969,281 and 14,746,172 shares issued and outstanding at December 31, 2025 and December 31, 2024, respectively | — | — | — | — | — | |
| Additional paid in capital | 68 | 64 | 63 | 61 | 60 | |
| Accumulated deficit | −66 | −64 | −61 | −58 | −52 | |
| Total stockholders equity | 1 | 578,000 | 3 | 3 | 9 | |
| Total liabilities and stockholders equity | 13 | 3 | 5 | 6 | 10 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Deferred tax provision | −288,000 | — | — | — | — | |
| Stock-based compensation | 536,000 | 784,000 | 562,000 | 386,000 | 92,000 | |
| Depreciation and amortization | 255,000 | 283,000 | 403,000 | 444,000 | 639,000 | |
| Shares issued in exchange for continuing guarantees | 97,000 | — | — | — | — | |
| Amortization of line of credit discount | 22,000 | 6,000 | — | — | 56,000 | |
| Accounts receivable | 1,000 | −8,000 | −695,000 | 1 | −798,000 | |
| Other receivables | −34,000 | 105,000 | −59,000 | −101,000 | — | |
| Inventories | — | −286,000 | −166,000 | −343,000 | 165,000 | |
| Prepaid expenses and other assets | −153,000 | 40,000 | 10,000 | −20,000 | −17,000 | |
| Accounts payable - trade | 1 | −399,000 | 202,000 | 560,000 | 585,000 | |
| Accrued expenses | 229,000 | 71,000 | −402,000 | 45,000 | −219,000 | |
| Net cash used in operating activities | −2 | −2 | −3 | −3 | −2 | |
| Purchase of property and equipment | −123,000 | −53,000 | — | −13,000 | −151,000 | |
| Acquisition of Arps Dairy, Inc. net of cash acquired (Note 11) | −1 | — | — | — | — | |
| Net cash used in investing activities | −1 | −53,000 | — | −13,000 | −151,000 | |
| Borrowings under line of credit | 9 | 3 | — | — | — | |
| Repayment of line of credit | −9 | −2 | — | — | — | |
| Issuance of convertible debt | — | 65,000 | 2 | — | −840,000 | |
| Mortgage Note payments | −19,000 | — | — | — | — | |
| Financing agreement payments | −185,000 | −22,000 | — | — | — | |
| Issuance of common stock, net of $26,000 issuance cost | 3 | — | — | 5,000 | 6 | |
| Shares repurchased for income tax withholding under stock compensation program | −161,000 | −20,000 | — | — | — | |
| Net cash provided by financing activities | 3 | 626,000 | 2 | 5,000 | 6 | |
| Net increase (decrease) in cash | 90,000 | −2 | −1 | −3 | 4 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is BARFRESH FOOD GROUP INC.'s CIK number?
BARFRESH FOOD GROUP INC.'s SEC CIK number is 0001487197 (1487197). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find BARFRESH FOOD GROUP INC.'s SEC filings?
All of BARFRESH FOOD GROUP INC.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did BARFRESH FOOD GROUP INC. last report earnings?
BARFRESH FOOD GROUP INC. (BRFH) most recently filed an earnings 8-K with the SEC on May 14, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001493152-26-023092). This is BARFRESH FOOD GROUP INC.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is BARFRESH FOOD GROUP INC.'s most recent earnings 8-K?
BARFRESH FOOD GROUP INC.'s latest earnings 8-K (Item 2.02) was filed May 14, 2026 under accession 0001493152-26-023092. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View BARFRESH FOOD GROUP INC.'s latest earnings 8-K →
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