Welcome to our dedicated page for Where Food Comes From SEC filings (Ticker: WFCF), 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.
Where Food Comes From, Inc. filings document operating results, governance votes, capital allocation, and material agreements for a public food-verification company. Form 8-K reports include results of operations and financial condition, with press releases and conference-call transcripts covering verification and certification revenue, product sales, professional services revenue, profitability, cash flow, and stock repurchase activity.
Proxy and annual-meeting filings record director elections, auditor ratification, advisory executive-compensation votes, and vote-frequency recommendations. Material-event filings also document transactions such as the completed redemption of the company's membership interest in Progressive Beef, along with related exhibits, financial-statement references, and Inline XBRL cover data.
Where Food Comes From, Inc. director and COO Leann Saunders, who is also a ten percent owner, reported acquiring 863 shares of common stock on a grant or award basis at $0.0000 per share. After this award, her directly held common stock position totals 1,740,952 shares, held in part as joint tenants with her spouse.
Where Food Comes From, Inc. reported that its CFO, Dannette Henning, acquired 863 shares of common stock on a grant or award basis, with a price per share of $0.00. Following this equity award, Henning now directly owns 52,738 shares of the company's common stock.
Where Food Comes From, Inc. reported softer 2025 results, with full-year revenue slipping to $24.9 million from $25.7 million and net income declining to $1.5 million, or $0.30 per diluted share, from $2.1 million, or $0.40 per share.
Fourth-quarter revenue fell to $6.0 million from $6.7 million and the Company posted a net loss of $0.2 million, or $0.04 per diluted share, versus net income of $1.0 million a year earlier. Management cited record-high beef prices and the lowest U.S. cattle supply in 70 years as key headwinds for beef-related verification revenue, partially offset by growth in non-beef certifications such as Organic, non-GMO, Gluten Free, Upcycled and CARE Certified.
The Company highlighted new growth initiatives, including the launch of RaiseWell Certified, already adopted by Whole Foods Market for its beef supply, and a CARE Certified sustainable leather collaboration with Pangea, Walmart and Prime Pursuits. It generated $1.6 million in cash from operations, increased cash to $3.2 million, and repurchased 183,016 shares in 2025, bringing total buybacks since inception to 1,374,652 shares at approximately $15.2 million. Executive management also chose to return discretionary bonuses, which will reduce selling, general and administrative expense in the upcoming first-quarter income statement.
Where Food Comes From, Inc. reported 2025 revenue of $24.9M, slightly below 2024’s $25.7M, as tight U.S. cattle supplies and industry cyclicality weighed on its core beef-related business.
Verification and certification services generated 80.8% of revenue, product sales 14.5%, and professional services the balance. Gross profit declined to $9.5M, with margins pressured by higher tag costs, rising wages and benefits, and competitive pricing.
Net income was $1.5M, or $0.30 per basic and diluted share, down from $2.1M and $0.40 in 2024, reflecting lower volumes and cost inflation. Cash and cash equivalents increased to $3.2M, supported by operating cash flow and proceeds from the sale of a 10% stake in Progressive Beef.
The company continued returning capital via its stock buyback plan, repurchasing 66,469 shares for $0.8M in the 2025 fourth quarter and canceling 1,237,700 treasury shares. Management highlights long-term growth drivers in sustainability, traceability, and regulatory requirements, but also flags risks from cattle-cycle contraction, inflation, evolving regulations, ESG expectations, climate-related disruptions, cybersecurity threats and the need to retain key leaders.
Where Food Comes From, Inc. reported a change in insider ownership by an individual who is a director, president and COO, and 10% owner. On 12/09/2025, this insider disposed of 2,800 shares of common stock at a reported price of $0 in a transaction coded G. After the transaction, the insider beneficially owned 1,739,266 shares of common stock, held directly as a joint tenant with spouse John Saunders.
Where Food Comes From, Inc. is registering 500,000 shares of common stock that may be offered or issued under its 2026 Equity Incentive Plan through a Form S-8.
The registration statement incorporates the company’s annual, quarterly and current reports listed there by reference, describes indemnification of directors and officers under Colorado law, and includes exhibits covering its charter documents, legal opinions, consents and the 2026 Equity Incentive Plan.
Where Food Comes From, Inc. (WFCF) reported an insider equity transaction by a director. On 11/18/2025, the director acquired 500 shares of common stock at a reported price of $0, which typically indicates a grant or award rather than an open-market purchase. Following this transaction, the director beneficially owns 24,500 shares held directly. The filing is made on Form 4 and reflects a routine change in insider ownership, not a broader corporate event.
Where Food Comes From, Inc. (WFCF) reported an insider equity transaction by a director. On 11/18/2025, the reporting person acquired 500 shares of common stock at a reported price of $0 per share, indicating a grant or award rather than an open-market purchase. After this transaction, the director beneficially owned 31,250 shares of WFCF common stock in direct ownership. The filing is a Form 4, which discloses changes in insider holdings to the market.
Where Food Comes From, Inc. (WFCF) director reported an equity transaction on a Form 4. On 11/18/2025, the reporting person acquired 500 shares of common stock at a reported price of $0, increasing their holdings. Following this transaction, the director beneficially owned 184,965 shares of WFCF common stock in direct ownership. The filing reflects an update to insider ownership rather than a company-level financing or business event.
Where Food Comes From, Inc. (WFCF) reported an insider ownership update on a Form 4 for a director and 10% owner. On 11/18/2025, the reporting person acquired 500 shares of common stock at a price of $0, bringing their directly held position to 2,500 common shares.
The filing also shows 666,302 common shares held indirectly through Yorkmont Capital Partners, LP. According to the ownership explanation, these shares are owned directly by Yorkmont Capital Partners, LP, while Graeme P. Rein and Yorkmont Capital Management, LLC are described as indirect beneficial owners through their roles in that partnership structure.