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. 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.
Ibex Investors and Justin B. Borus updated their ownership and governance status in Barfresh Food Group Inc. The Ibex Microcap Fund directly owns 1,110,982 shares of common stock, representing 7.0% of the company, with related Ibex entities deemed to beneficially own the same shares.
Justin B. Borus directly owns 329,903 shares, or 2.1%, and together with the Ibex-held shares may be deemed to beneficially own 1,440,885 shares, or 9.0% of Barfresh’s common stock. These percentages are based on 15,969,281 shares outstanding as of November 4, 2025.
Borus, a member of the board of directors, notified Barfresh on March 10, 2026 that he would resign as a director. The filing states that no transactions in the common stock were effected by any reporting person in the last sixty days and that each reporting person disclaims beneficial ownership of shares not owned directly.
Barfresh Food Group director Joseph M. Cugine reported new derivative investments in the company. On March 6, 2026, he purchased a 10% Series A convertible note for $200,000, which is convertible into 68,966 shares of common stock at a conversion price of $2.90 per share. He also acquired a Series R Warrant giving the right to buy 62,500 shares of common stock at an exercise price of $3.20 per share, expiring in 2030. A footnote explains that common stock purchase warrants were included with the purchase of the convertible notes. After these transactions, he directly holds 254,489 shares of common stock and multiple stock option awards covering additional shares.
Barfresh Food Group entered into a $7.3 million senior convertible note financing to support its manufacturing expansion. The notes carry 10% annual interest for the first 12 months of a 24‑month term, are convertible at $2.90 per share, and include investor warrants priced at $3.20 per share.
Proceeds will pay off the mortgage on the company’s Defiance, Ohio facility, accelerate completion of a 44,000 square‑foot, state‑of‑the‑art plant, and expand production capacity with a framework to support over $200 million in annual revenue. Barfresh also received approval for a $2.4 million government grant tied to the facility build‑out.
The company reaffirmed its fiscal 2026 revenue outlook of $30 million to $35 million and an EBITDA target of $5 million, reflecting expected efficiencies from operating an expanded, company‑owned manufacturing facility.
Barfresh Food Group Inc. filed a current report stating that it has issued a press release with preliminary revenue results for 2025 and updated guidance for fiscal year 2026. These disclosures are provided under items covering results of operations and Regulation FD, indicating an information-focused update rather than a specific transaction.
Barfresh Food Group Inc. reported that board member Isabelle Ortiz-Cochet has notified the company she will retire from the board effective March 31, 2026. The filing states that her resignation is not the result of a disagreement with the company.
Ortiz-Cochet was initially appointed under an Investor Rights Agreement dated November 23, 2016 among Barfresh, Unibel, and certain key holders. Under this agreement, Unibel is entitled to appoint one director to the board and to have that designee sit on each board committee it selects, as long as specified shareholding conditions are met. If Unibel’s designee is not serving as a director at any time, that person is entitled to attend as a board observer, and the company has agreed to call shareholder meetings when needed to ensure Unibel’s designee is elected. The agreement also provides that Riccardo Delle Coste, Steven Lang, and their affiliates will vote their shares in favor of Unibel’s designee.