Every 10-Q that Barfresh Food Group Inc. (BRFH) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow BRFH and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full BRFH filings page.
Barfresh Food Group Inc. reported sharply higher sales but wider losses for the quarter and six months ended June 30, 2026. Revenue rose 190% to $4,707,000 for the quarter and 127% to $10,339,000 year-to-date, driven by the October 2025 acquisition of Arps Dairy, which contributed significant raw and processed milk revenue.
Profitability deteriorated. Quarterly gross margin swung from a 31% profit in 2025 to a 3% gross loss in 2026, and year-to-date gross margin fell from 31% to 9%, reflecting low-margin milk sales plus high start-up costs and low productivity at the Existing Facility for legacy frozen beverages. Net loss increased to $1,861,000 for the quarter and $2,522,000 year-to-date, with interest expense rising to $569,000 on mortgage, equipment financing and $7,528,000 of new convertible notes.
Liquidity remains tight: cash was $324,000, current liabilities $5,341,000, and stockholders’ equity slipped to a deficit of $84,000. The company faces Construction Obligations of $6,622,000 for its New Facility, potentially increasing to $9,062,000 if a $2,400,000 USDA equipment grant is not fully realized, and plans to rely on mortgage, equipment and possibly equity financing. Management discloses that historical losses and funding needs raise substantial doubt about continuing as a going concern, though recent financing and planned actions are expected to alleviate this. A material weakness in internal control over financial reporting, tied to the control environment and IT segregation of duties, remains outstanding.
Barfresh Food Group Inc. reports much stronger Q1 2026 results after acquiring Arps Dairy. Revenue rose to $5.63 million from $2.93 million, driven by $2.57 million in raw and processed milk sales alongside its frozen beverage business.
Gross profit increased to $1.03 million, but margin fell to 18% as dairy products carry lower margins than frozen beverages. Net loss narrowed slightly to $0.66 million, helped by higher sales and lower selling and marketing costs, though interest expense rose sharply to $0.23 million from new debt and facility build-out.
Cash improved to $1.82 million and net current assets to $0.90 million after issuing $7.53 million of senior convertible notes and converting $0.42 million of debt to equity. Management discusses prior going concern doubts and says recent financing and capacity expansion alleviate that concern, although the company still posts losses and is funding construction of a new facility.
The filing also notes a material weakness in internal control over financial reporting related to the control environment and IT segregation of duties, and an ongoing legal dispute with a former contract manufacturer, whose outcome cannot be predicted.
Barfresh Food Group (BRFH) reported Q3 2025 results showing higher sales and a smaller loss. Revenue rose to $4,231,000 (up 16% year over year) as Twist & Go and Pop & Go gained traction. Gross margin was 37% versus 35% a year ago. Operating loss narrowed to $260,000, and net loss improved to $290,000 from $513,000.
For the nine months, revenue reached $8,786,000 (up 11%) with gross margin of 34% versus 37% last year. Cash was $1,891,000 and working capital $1,626,000 as of September 30, 2025. The company raised $2,974,000 via a registered stock sale in February and expanded its receivables facility to $2,500,000 with $1,759,000 drawn.
On October 3, 2025, Barfresh acquired Arps Dairy, began producing certain products in-house, and assumed a $2,198,000 mortgage that must be refinanced by January 1, 2026. Management states actions taken alleviated substantial doubt about going concern. A key bottling supplier will cease supply in February 2026, with replacement capacity planned through Arps and another manufacturer.
Barfresh Food Group Inc. reported improving top-line trends but continued losses and operational strain from a major contract-manufacturer dispute. Quarterly revenue rose to $1.625 million, an 11% increase year-over-year, and six-month revenue was $4.555 million (up 6%). Gross margin narrowed to 31.1% for the quarter (from 34.8%), and six-month gross margin fell to 30.9% driven by trial and relocation costs at new co-manufacturers. Net loss was $880,000 for Q2 and $1.641 million for six months. The company ended the quarter with $712,000 in cash and $2.101 million in working capital, helped by a registered direct offering that sold 1,052,793 shares at $2.85 raising approximately $3.0 million. Material operational risk remains: the company has withheld $499,000 from a manufacturer, has ongoing litigation funded by non-recourse financing, and was notified that a bottle supplier will cease supply on February 1, 2026. A $1.5 million receivables facility is available but undrawn. Management reports that actions taken have alleviated previously disclosed substantial doubt about going concern.