Over the past year, we will laser focus on expanding both our carton and bottle capacity. Since the launch of our new smoothie carton product offering at the end of 2022, we have been working with our carton co manufacturer to have engineering changes made to the manufacturing line to increase capacity to approximately 25 million to 30 million units per year. All engineering changes were completed and over the course of this year, we incrementally used additional carton capacity that was made available. How ...

Exhibit 99.1 Barfresh Provides Fourth Quarter and Full Year 2023 Results and Business Update Company Achieves Second Highest Fiscal Year Revenue in Company History Despite Restricted Supply of Smoothie Bottle Product Throughout Fiscal Year 2023 and National Carton Supply Shortage in Fourth Quarter 2023 Revenue of $8.1 Million and Gross Margins of 36% for Fiscal Year 2023 On Track to Generate Record Revenue Compared to Any Other First Quarter in Company History and Sequential Adjusted EBITDA Improvement for ...

See the accompanying notes to the consolidated financial statements Value of shares relinquished in modification of stock-based compensation awards (Note 7) $ 24,000 $ - Use of Estimates Summary of Significant Accounting Policies Level 3 – Prices or valuation techniques that require inputs that are both significant to the fair value and unobservable (i.e., supported by little or no market activity). Other Receivables A contract with a customer exists when (I) the Company enters into an enforceable contract ...

Company Participants Conference Call Participants Good afternoon, everyone, and thank you for participating on today's Second Quarter 2023 Corporate Update Call for Barfresh Food Group. Joining us today is Barfresh Food Group's Founder and CEO, Riccardo Delle Coste; and Barfresh Food Group's CFO, Lisa Roger. [Operator Instructions] These statements are based on certain assumptions made based on experience, expected future developments and other factors that the company believes are appropriate under the cir ...

Item 1. Legal Proceedings. From time to time, various lawsuits and legal proceedings may arise in the ordinary course of business. However, litigation is subject to inherent uncertainties and an adverse result in these or other matters may arise from time to time that may harm our business. We are currently the defendant in one legal proceeding for an amount less than $100,000. Our legal counsel and management believe a material unfavorable outcome to be remote. Not required because we are a smaller reporti ...

Riccardo Delle Coste - CEO Conference Call Participants Good afternoon, everyone, and thank you for participating on today's First Quarter 2023 Corporate Update Call for Barfresh Food Group. Joining us today is Barfresh Food Group's Founder and CEO, Riccardo Delle Coste; and Barfresh Food Group's CFO, Lisa Roger. Following prepared remarks, we will open the call for your questions. Accordingly, investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of th ...

| --- | --- | --- | |------------------|--------------|------------| | Manufacturer A | 2023 \n49% | 2022 \n31% | | Manufacturer B | 46% | 0% | | Manufacturer C | 0% | 59% | There have been no changes to our significant accounting policies described in our Annual Report on Form 10-K for the year ended December 31, 2022, as filed with the SEC on March 2, 2023 that have had a material impact on our condensed consolidated financial statements and related notes. 6 Financial Accounting Standards Board ("FASB") A ...

The challenges of competing with the many food services businesses may result in reductions in our revenue and operating margins. In March 2020 the World Health Organization declared coronavirus COVID-19 a global pandemic. This contagious disease outbreak, which has continued to spread, and any related adverse public health developments, has adversely affected workforces, customers, economies, and financial markets globally, potentially leading to an economic downturn. It has also disrupted the normal opera ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2022 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________________ to ___________________ Commission File Number: 001-41228 BARFRESH FOOD GROUP INC. (Exact name of registrant as specified in its charter) Delaware 27-19 ...

Barfresh Food Group, Inc. (NASDAQ:BRFH) Q3 2022 Earnings Conference Call November 10, 2022 4:30 PM ET Company Participants Riccardo Delle Coste - CEO Lisa Roger - CFO Conference Call Participants Nick Sherwood - Maxim Group Operator Good afternoon, everyone, and thank you for participating on today's Third Quarter 2022 Corporate Update Call for Barfresh Food Group. Joining us today is Barfresh Food Group's Founder and CEO, Riccardo Delle Coste; and Barfresh Food Group's CFO, Lisa Roger. Following prepared r ...