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 June 30, 2024 ☐ 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 27-1994406 ...

[Barfresh Food Group Inc. Form 8-K Filing (August 14, 2024)](index=1&type=section&id=Barfresh%20Food%20Group%20Inc.%20Form%208-K) This Form 8-K filing from Barfresh Food Group Inc. provides business updates, financial condition, non-GAAP measures, and forward-looking statements [Item 2.02: Results of Operations and Financial Condition](index=1&type=section&id=Item%202.02.%20Results%20of%20Operations%20and%20Financial%20Condition) Barfresh Food Group, Inc. issued a business update and filed its Form 10-Q for Q2 2024, with a conference call held to discuss results - The company issued an update on recent business developments concurrent with its Form 10-Q filing for the quarter ended June 30, 2024[2](index=2&type=chunk) - A conference call to discuss the results was scheduled for August 14, 2024, at 1:30 pm Pacific Time[2](index=2&type=chunk) [Use of Non-GAAP Financial Measures](index=2&type=section&id=Use%20of%20Non-GAAP%20Measures) The company uses non-GAAP measures like EBITDA and Adjusted EBITDA to supplement GAAP, providing a clearer view of core business performance - The company presents non-GAAP measures, including EBITDA and Adjusted EBITDA, which are reconciled to net loss in the press release (Exhibit 99.1)[3](index=3&type=chunk) - Adjustments from GAAP net loss to Adjusted EBITDA include non-operational or non-cash items such as stock compensation, product withdrawal dispute costs, and manufacturing relocation costs[3](index=3&type=chunk) - Management uses Adjusted EBITDA for internal budgeting, strategic planning, and evaluating business strategy effectiveness[4](index=4&type=chunk) [Forward-Looking Statements](index=2&type=section&id=Forward%20Looking%20Statements) This report contains forward-looking statements regarding future performance, subject to risks and uncertainties, and are not guarantees - The report includes forward-looking statements identified by words such as "grow", "expand", "anticipate", and "project"[5](index=5&type=chunk) - Investors are cautioned that these statements are not guarantees of future performance and are subject to risks beyond the company's control[5](index=5&type=chunk) - The company directs investors to its SEC filings, including Form 10-K and 10-Q, for a more detailed discussion of warnings and risk factors[5](index=5&type=chunk) [Item 9.01: Financial Statements and Exhibits](index=2&type=section&id=Item%209.01.%20Financial%20Statements%20and%20Exhibits) This section lists exhibits furnished with the Form 8-K, primarily the August 14, 2024 press release detailing business updates - The key exhibit furnished with this report is 99.1, the Press Release from Barfresh Food Group, Inc. dated August 14, 2024[7](index=7&type=chunk)

LOS ANGELES, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Barfresh Food Group Inc. (the "Company" or "Barfresh") (Nasdaq: BRFH), a provider of frozen, ready-to-blend and ready-to-drink beverages, received multiple offers to fund its lawsuit on a non-recourse non-dilutive basis based on the merits of its legal case. The Company entered into an agreement with a well-known alternative asset investment firm and the Company's litigation counsel, Boesch Law Group, to provide non-recourse non-dilutive litigation financing. B ...

Company Has Recently Added Three New Third Party Locations Dramatically Boosting Annual Capacity to Over 120 million Units Riccardo Delle Coste, the Company's Chief Executive Officer, stated, "In the last month we have added three new third-party locations, thereby growing our manufacturing capacity to over 120 million units annually in order to meet current demand and position ourselves for future success. This latest location will be instrumental in producing our innovative new Pop & Go™ freeze pops, whic ...

Location Primarily Dedicated to Manufacturing Company's New Pop & Go™ Freeze Pops Company Has Recently Added Three New Third Party Locations Dramatically Boosting Annual Capacity to Over 120 million Units LOS ANGELES, July 31, 2024 (GLOBE NEWSWIRE) -- Barfresh Food Group Inc. (the "Company" or "Barfresh") (Nasdaq: BRFH), a provider of frozen, ready-to-blend and ready-to-drink beverages, today announced a new co-manufacturing location. This new location will primarily be dedicated to manufacturing the Compan ...

Core Insights - Barfresh Food Group, Inc. has launched a new product line called "Pop & Go™", targeting school nutrition programs with healthier beverage options for students [6][7] - The new freeze pops contain a half-cup of fruit juice, no added sugars, preservatives, artificial flavors, or colors, and are compliant with USDA reimbursable meal programs [6][7] - The company aims to expand its market reach beyond schools into other foodservice and retail channels in the future [7] Company Overview - Barfresh Food Group, Inc. is a developer, manufacturer, and distributor of ready-to-blend and ready-to-drink beverages, primarily serving the education market, foodservice industry, and restaurant chains [5] - The company utilizes a proprietary system for its single-serving, on-site prepared products, which are designed to be quick, cost-efficient, and reduce waste [5] Product Strategy - The new Pop & Go™ product line will initially focus on lunch menus in schools, which can generate up to five times more volume than breakfast offerings [4] - This product complements existing offerings such as 1:1 bulk easy pour, 5:1 juice concentrates, and Twist & Go products, thereby enhancing the company's portfolio [4] Growth Potential - Recent enhancements in production capacity, senior hires, and customer acquisition are expected to support record revenue and long-term growth for the company [5] - The CEO expressed optimism about increasing menu placements with existing and new customers across different meal times [7]

Riccardo Delle Coste, the Company's Chief Executive Officer, stated, "These new locations more than double our overall capacity covering all of our product offerings including an additional 25 million bottling capacity. We have recently announced many new significant customer acquisitions within the education channel and this capacity will enable us to more than provide for these customers and many more in all channels. Barfresh is now in a tremendous positioned to dramatically increase sales in the coming ...

Strategic Leadership Hire Follows Recent Addition of Vice President of Supply Chain & Co-Manufacturing, Fortifying Executive Team for Significant Sales Uplift Expected in Fiscal Year 2024 and Beyond Mr. Grossi commented, "It's an honor to join Barfresh and lead their exceptional sales network in driving our next phase of growth. With the Company's strong product portfolio, expanded sales network, increasing capacity capabilities and strengthened executive team, I'm confident we will capitalize on new opport ...

Company Expands to Additional 542 New School Customer Locations Across Multiple States, Serving Barfresh Products to Over 390,000 Students for Fall Accelerating Customer Wins to Drive Barfresh's Projected Record Fiscal Year 2024 Revenue and Year Over Year Margin Expansion LOS ANGELES, June 04, 2024 (GLOBE NEWSWIRE) -- Barfresh Food Group Inc. (the "Company" or "Barfresh") (Nasdaq: BRFH), a provider of frozen, ready-to-blend and ready-to-drink beverages, continued accelerating its education channel growth tr ...

Company Expands to Additional 542 New School Customer Locations Across Multiple States, Serving Barfresh Products to Over 390,000 Students for Fall Accelerating Customer Wins to Drive Barfresh's Projected Record Fiscal Year 2024 Revenue and Year Over Year Margin Expansion LOS ANGELES, June 04, 2024 (GLOBE NEWSWIRE) -- Barfresh Food Group Inc. (the "Company" or "Barfresh") (Nasdaq: BRFH), a provider of frozen, ready-to-blend and ready-to-drink beverages, continued accelerating its education channel growth tr ...