Welcome to our dedicated page for BARFRESH FOOD GROUP SEC filings (Ticker: BRFH), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Barfresh Food Group Inc. filings document a Delaware beverage company that develops, manufactures and distributes ready-to-blend and ready-to-drink smoothies, shakes and frappes for education, foodservice and restaurant customers. Registration statements describe securities registration, while current reports and late-filing notices disclose operating results, non-GAAP measures, business developments and reporting-timetable matters.
The company’s 8-K and proxy filings also cover board composition, committee assignments, director departures and appointments, the Unibel investor rights agreement, shareholder meeting proposals, convertible promissory notes, warrants and related common stock issuance terms. These records frame Barfresh’s governance, capital structure and manufacturing transition following the Arps Dairy acquisition.
Barfresh Food Group Inc. reports 2025 results highlighting strong top-line growth and a major shift in its manufacturing model through the acquisition of Arps Dairy.
Revenue rose to $14.2 million, up 33% from 2024, driven by smoothie bottles, new Pop & Go juice pops, and $2.7 million of raw and processed milk sales after the Arps Dairy acquisition.
Despite growth, Barfresh posted a $2.7 million net loss and ended 2025 with a working capital deficit as it absorbed start-up costs, inventory provisions, and higher interest from new financing. Arps Dairy produced 18% of supply in Q4 2025 and is building a new 44,000-square-foot facility supported by a $2.4 million equipment grant, aiming to bring most production in-house and replace reliance on contract manufacturers. Management disclosed a material weakness in internal control over financial reporting related to the control environment as the business scaled and integrated the acquisition.
Barfresh Food Group director Timothy F. Trant has reported his initial ownership position, consisting of both stock options and common shares. He holds multiple stock option awards over Barfresh common stock at exercise prices ranging from $1.20 to $10.01 per share, each tied to specific future expiration dates. In addition to these options, he directly owns 23,452 shares of Barfresh common stock, giving him immediate equity exposure alongside long-dated option-based incentives.
Barfresh Food Group director Marc Panvier has filed an initial insider ownership report. The Form 3 shows a stock option giving the right to buy 3,938 shares of Barfresh common stock at an exercise price of $2.85 per share, expiring on April 1, 2034. The filing also shows no directly held common shares as of the reporting date.
Barfresh Food Group Inc. Schedule 13G discloses that certain Ibex-related reporting persons and Justin B. Borus beneficially own disclosed common stock positions as of the event date April 9, 2026. The filing reports Justin B. Borus holds 1,440,885 shares (9.0%) and related Ibex entities each hold 1,110,982 shares (7.0%). The percentages are calculated using 15,969,281 shares outstanding as of November 4, 2025, per the issuer's prior Form 10-Q. The filing explains ownership arises from direct Fund holdings and related entity relationships, and each Reporting Person disclaims ownership of shares they do not directly own.
Barfresh Food Group Inc. announced changes to its board of directors, appointing Marc Panvier and Tim Trant effective April 1, 2026. Panvier, a senior operations leader at Bel Brands, succeeds Isabelle Ortiz-Cochet, who is retiring from the board after nine years of service.
Panvier continues Unibel’s board representation under an Investor Rights Agreement that entitles Unibel to designate one director and, when not seated, a board observer. It is anticipated that he will serve on the Nominating and Corporate Governance Committee. Trant, Barfresh’s former chief customer officer and current consultant, fills the seat vacated by Justin Borus and is expected to serve on the Audit and Compensation Committees.
The company highlights these appointments as aligned with its current focus following record fourth quarter and full year 2025 results, the transformational acquisition of Arps Dairy, secured financing, and expansion of its 44,000 square foot manufacturing facility in Defiance, Ohio.
Barfresh Food Group Inc. is soliciting proxies for its 2026 Annual Meeting on June 11, 2026 to elect six directors, ratify Eide Bailly LLP as auditor and seek shareholder approval to amend the Certificate of Incorporation to increase authorized common shares from 23,000,000 to 35,000,000. The record date is April 15, 2026 when 16,104,853 shares were outstanding. The board recommends a vote FOR all proposals. Proxy materials and the 2025 Annual Report are available at the identified web portal.
Barfresh Food Group reported record 2025 revenue and outlined strong 2026 growth plans. Revenue rose to $14.2 million for 2025, up 33%, with fourth quarter revenue of $5.4 million, up 94%, largely driven by the Arps Dairy acquisition and expanded school and Pop & Go sales.
Gross margin fell to 22% for 2025 from 34% in 2024 as the company absorbed product mix changes, trial costs with new manufacturers, and low-margin milk processing at Arps Dairy. Net loss narrowed slightly to $2.7 million, while full-year Adjusted EBITDA loss increased to $2.1 million.
For 2026, Barfresh guides revenue to $28–$32 million, implying 97%–125% growth, and projects Adjusted EBITDA of $3.2–$3.8 million, supported by a new integrated manufacturing facility. The company also completed a $7.5 million senior convertible note financing and received a $2.4 million government grant to fund facility ownership and expansion.
Barfresh Food Group chief executive Riccardo Delle Coste reported insider purchases involving company-linked securities. He bought a 10% Series A convertible note for $30,000.0000, which is convertible into 10,345 shares of common stock at $2.9000 per share. With this note purchase, he also acquired 9,375 Series R warrants, each exercisable for one share of common stock at $3.2000, and the warrants were included with the purchase of the convertible notes as disclosed. Following these transactions, he holds 87,614 shares of common stock directly, plus additional indirect holdings of 6,782 shares through the Delle Coste Family Trust and 1,642,022 shares through RD Capital Holdings Pty Ltd. He also retains multiple stock option awards on common stock with various exercise prices and expiration dates extending through 2033.
BarFresh Food Group, Inc. has filed a Form 12b-25 notifying the SEC that it cannot timely file its Annual Report on Form 10-K for the fiscal year ended December 31, 2025. The company attributes the delay to completion of a recent private placement and additional time needed to complete accounting and disclosures related to its fourth-quarter acquisition of Arps Dairy Inc. BarFresh expects to file the Form 10-K within the fifteen-calendar day extension period provided by Rule 12b-25.
Barfresh Food Group Inc. reported that board member Justin Borus resigned as a director on March 10, 2026. The company stated that his resignation was not due to any disagreement with Barfresh. Borus had served on the board since April 29, 2020 and was a member of the Compensation Committee.