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, 2021 ☐ 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: 000-55131 BARFRESH FOOD GROUP INC. (Exact name of registrant as specified in its charter) Delaware 27-19 ...

Financial Data and Key Metrics Changes - Revenue for Q2 2021 increased 157% to $1.3 million compared to $506,000 for the same period last year, and increased approximately 30% compared to $1 million in Q1 2021 [6] - Gross margins for Q2 2021 were 43% compared to 23% for the same period last year and 34% in Q1 2021 [7] - Net loss for Q2 2021 improved to $297,000 compared to a net loss of $1.2 million in Q2 2020 [8] - Adjusted EBITDA for Q2 2021 decreased to a loss of $386,000 compared to a loss of approximately $900,000 for the same period last year [10] - As of June 30, 2021, the company had approximately $7 million in cash and $1 million in inventory, compared to $1.9 million in cash and $0.87 million in inventory as of December 31, 2020 [8] Business Line Data and Key Metrics Changes - Increased orders for Twist & Go products in the school channel contributed to revenue growth [6] - Gradual returning sales of single serve and bulk products were noted, although bulk customers have been slower to recover due to COVID-19 [11] Market Data and Key Metrics Changes - The company expects continued revenue improvement in the second half of 2021 as schools reopen and single serve customers return [11] - The military and recreation sectors have been the most affected by the pandemic, impacting the recovery of bulk customers [11] Company Strategy and Development Direction - The company aims to double the number of school locations serving its products in the coming year, supported by new regulations and increased demand for healthy food options [12][14] - The company is focusing on expanding its presence in the education channel and maintaining relationships with large restaurant chains and QSRs [12][13] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about revenue growth in the second half of 2021 despite industry-wide supply shortages and COVID-19 impacts [11] - The company has made significant changes to improve its cost structure and is positioned for record revenue growth [15] Other Important Information - The company completed a private placement of approximately $6 million in common stock and eliminated all prior convertible debt [9] - The first PPP loan of $568,000 was forgiven, and a second PPP loan is expected to be forgiven, leading to a debt-free status [9][15] Q&A Session Summary Question: Changes in California and Maine regarding school demand - Management noted an increase in demand from schools due to new regulations, with some schools increasing order frequency [17] Question: Update on Twist & Go products in grocery - Management stated that they are working on getting Twist & Go into grocery but no specific updates were provided [18] Question: Current number of schools using Twist & Go and WHIRLZ products - Management did not provide a specific number but mentioned they are now looking at school districts [19] Question: Budget considerations for schools - Management clarified that budget changes are dealt with at the district level, influenced by state regulations [20] Question: Pipeline status with QSRs - Management acknowledged delays due to COVID but confirmed ongoing conversations in the pipeline [21][22]

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, 2021 ☐ 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: 000-55131 BARFRESH FOOD GROUP INC. (Exact name of registrant as specified in its charter) Delaware 27-1994406 ...

Barfresh Food Group, Inc. (NASDAQ:BRFH) Q1 2021 Results Earnings Conference Call May 17, 2021 4:30 PM ET Company Participants Riccardo Delle Coste - Founder, Chief Executive Officer Conference Call Participants John Kim - Maxim Group William Gregozeski - Greenridge Global Operator Good afternoon. Thank you for participating on today's first quarter 2021 corporate update call for Barfresh Group. Joining us today is Barfresh Group's Founder and CEO, Riccardo Delle Coste. Following prepared remarks, we will op ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2021 [ ] 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: 000-55131 BARFRESH FOOD GROUP INC. (Exact name of registrant as specified in its charter) Delaware 27-19 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) [X] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2020 or [ ] 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: 000-55131 BARFRESH FOOD GROUP INC. (Exact name of registrant as specified in its charter) | --- | --- | |--- ...

PART I - FINANCIAL INFORMATION [Financial Statements](index=4&type=section&id=Item%201.%20Financial%20Statements.) Presents unaudited condensed financial statements showing a revenue decrease and net loss due to COVID-19 Condensed Consolidated Balance Sheet Summary (Unaudited) | Account | Sep 30, 2020 | Dec 31, 2019 | | :--- | :--- | :--- | | **Assets** | | | | Cash and Restricted Cash | $2,743,523 | $1,091,374 | | Total Current Assets | $4,088,703 | $2,028,394 | | Total Assets | $6,755,264 | $5,125,805 | | **Liabilities & Equity** | | | | Total Current Liabilities | $1,142,959 | $1,882,057 | | Total Liabilities | $3,154,280 | $4,842,081 | | Total Stockholders' Equity | $3,600,984 | $283,724 | | Total Liabilities and Stockholders' Equity | $6,755,264 | $5,125,805 | Condensed Consolidated Statements of Operations Summary (Unaudited) | Metric | Three Months Ended Sep 30, 2020 | Three Months Ended Sep 30, 2019 | Nine Months Ended Sep 30, 2020 | Nine Months Ended Sep 30, 2019 | | :--- | :--- | :--- | :--- | :--- | | Revenue | $707,610 | $1,565,176 | $1,947,766 | $3,782,375 | | Gross Profit | $278,553 | $851,207 | $790,658 | $2,136,957 | | Operating Loss | ($836,384) | ($949,789) | ($2,936,392) | ($3,810,354) | | Net Loss | ($878,257) | ($528,700) | ($2,800,843) | ($3,949,878) | | Net Loss Per Share | ($0.01) | $0.00 | ($0.02) | ($0.03) | Condensed Consolidated Statements of Cash Flows Summary (Unaudited) | Cash Flow Activity | Nine Months Ended Sep 30, 2020 | Nine Months Ended Sep 30, 2019 | | :--- | :--- | :--- | | Net Cash used for Operating Activities | ($2,517,269) | ($3,191,642) | | Net Cash used for Investing Activities | ($52,495) | ($419,341) | | Net Cash from Financing Activities | $4,221,913 | $3,887,528 | | Net Change in Cash and Restricted Cash | $1,652,149 | $276,545 | - The company's business has been **significantly impacted by COVID-19**, affecting sales, though it obtained a **$568,000 PPP loan** to mitigate the impact[103](index=103&type=chunk) [Management's Discussion and Analysis of Financial Condition and Results of Operations](index=23&type=section&id=Item%202.%20Management's%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations.) Management analyzes a significant revenue decline from COVID-19, narrowed operating losses, and recent capital raising efforts - Revenue for Q3 2020 **decreased 55% YoY to $707,610**, and for the nine months **decreased 49% YoY to $1.95 million** due to COVID-19 impacts[135](index=135&type=chunk)[154](index=154&type=chunk) - Gross profit margin **decreased to 39.4% in Q3 2020** from 54.4% in Q3 2019, attributed to a new lower-margin product mix[136](index=136&type=chunk)[155](index=155&type=chunk) General & Administrative Expenses Breakdown (Nine Months Ended Sep 30) | Expense Category | 2020 | 2019 | Change | | :--- | :--- | :--- | :--- | | Personnel costs | $1,217,690 | $2,286,415 | ($1,068,725) | | Stock based compensation | $240,216 | $338,683 | ($98,467) | | Travel | $69,167 | $282,834 | ($213,667) | | Marketing and selling | $192,006 | $366,937 | ($174,931) | | Shipping and Storage | $356,270 | $616,862 | ($260,592) | | **Total G&A** | **$3,284,673** | **$5,450,522** | **($2,165,849)** | - As of September 30, 2020, the company had **$2.74 million in cash**, and management believes it has mitigated substantial doubt about its going concern status[173](index=173&type=chunk)[174](index=174&type=chunk) [Quantitative and Qualitative Disclosures About Market Risk](index=24&type=section&id=Item%203.%20Quantitative%20and%20Qualitative%20Disclosures%20About%20Market%20Risk.) This section is not required as the company qualifies as a smaller reporting company - The company is a smaller reporting company and is **not required to provide these disclosures**[177](index=177&type=chunk) [Controls and Procedures](index=24&type=section&id=Item%204.%20Controls%20and%20Procedures.) Management concluded that disclosure controls were not effective due to a material weakness in segregation of duties - Disclosure controls and procedures were concluded to be **not effective** as of September 30, 2020[179](index=179&type=chunk) - A **material weakness** was identified in internal control related to inadequate segregation of duties due to insufficient personnel[180](index=180&type=chunk) - No material changes were made to internal controls during the nine months ended September 30, 2020[182](index=182&type=chunk) PART II - OTHER INFORMATION [Legal Proceedings](index=25&type=section&id=Item%201.%20Legal%20Proceedings.) The company reports no material pending legal proceedings - The company is **not a party to any material pending legal proceedings**[185](index=185&type=chunk) [Risk Factors](index=25&type=section&id=Item%201A.%20Risk%20Factors.) This disclosure is not required as the company is a smaller reporting company - Disclosure is **not required** because the company is a smaller reporting company[186](index=186&type=chunk) [Unregistered Sales of Equity Securities and Use of Proceeds](index=25&type=section&id=Item%202.%20Unregistered%20Sales%20of%20Equity%20Securities%20and%20Use%20of%20Proceeds.) No unregistered sales of equity securities were made that were not previously reported - No unregistered sales of equity securities were made during the period that were not already reported on a Form 8-K[187](index=187&type=chunk) [Defaults Upon Senior Securities](index=25&type=section&id=Item%203.%20Defaults%20Upon%20Senior%20Securities.) The company reports no defaults upon senior securities - None[189](index=189&type=chunk) [Mine Safety Disclosures](index=25&type=section&id=Item%204.%20Mine%20Safety%20Disclosures.) This section is not applicable to the company - Not applicable[191](index=191&type=chunk) [Other Information](index=25&type=section&id=Item%205.%20Other%20Information.) Discloses the resignation of the President of its subsidiary, Barfresh Corporation, Inc - On November 12, 2020, **Joseph Cugine resigned as President** of the subsidiary, Barfresh Corporation, Inc, but remains a director[192](index=192&type=chunk) [Exhibits](index=26&type=section&id=Item%206.%20Exhibits.) This section lists the exhibits filed with the report, including officer certifications and XBRL data - The report includes officer certifications and furnished XBRL data files[194](index=194&type=chunk)[195](index=195&type=chunk) [Signatures](index=27&type=section&id=SIGNATURES) - The report was signed on November 16, 2020, by the **CEO and Vice President of Finance**[199](index=199&type=chunk)

PART I [Financial Statements](index=4&type=section&id=Item%201.%20Financial%20Statements) This section presents the unaudited condensed consolidated financial statements for Q2 and H1 2020, detailing financial performance impacted by COVID-19 and balance sheet changes from financing activities Condensed Consolidated Balance Sheet Highlights (Unaudited) | Account | June 30, 2020 ($) | December 31, 2019 ($) | | :--- | :--- | :--- | | **Total Current Assets** | 4,637,376 | 2,028,394 | | **Total Assets** | 7,435,635 | 5,125,805 | | **Total Current Liabilities** | 1,091,040 | 1,882,057 | | **Total Liabilities** | 2,039,142 | 3,289,934 | | **Total Stockholders' Equity** | 4,353,549 | 283,724 | Condensed Consolidated Statements of Operations Highlights (Unaudited) | Metric | Three Months Ended June 30, 2020 ($) | Three Months Ended June 30, 2019 ($) | Six Months Ended June 30, 2020 ($) | Six Months Ended June 30, 2019 ($) | | :--- | :--- | :--- | :--- | :--- | | **Revenue** | 506,276 | 1,382,665 | 1,240,156 | 2,217,199 | | **Gross Profit** | 115,306 | 851,046 | 512,105 | 1,285,750 | | **Operating Loss** | (1,122,234) | (1,089,848) | (2,100,008) | (2,860,565) | | **Net Loss** | (1,179,520) | (573,916) | (1,922,586) | (3,421,178) | | **Net Loss Per Share** | (0.01) | 0.00 | (0.01) | (0.03) | Condensed Consolidated Statements of Cash Flows Highlights (Unaudited) | Cash Flow Activity | Six Months Ended June 30, 2020 ($) | Six Months Ended June 30, 2019 ($) | | :--- | :--- | :--- | | **Net Cash Used for Operating Activities** | (1,930,045) | (2,354,225) | | **Net Cash Used for Investing Activities** | (38,658) | (319,339) | | **Net Cash from Financing Activities** | 4,275,605 | 3,900,310 | | **Net Change in Cash** | 2,306,902 | 1,226,746 | | **Cash and Restricted Cash, End of Period** | 3,398,276 | 2,268,315 | - The company received a **$568,131** loan under the Paycheck Protection Program (PPP), which is eligible for forgiveness, with no forgiveness income recorded as of June 30, 2020[66](index=66&type=chunk) - In March 2020, the company completed a **$3.825 million** private placement of common stock and restructured its convertible notes, converting some to equity and extending maturities on others[67](index=67&type=chunk)[71](index=71&type=chunk)[76](index=76&type=chunk) - The company's business was significantly impacted by COVID-19, as dining bans at restaurants and school closures directly affected sales channels for its single-serve and bulk products[103](index=103&type=chunk) [Management's Discussion and Analysis of Financial Condition and Results of Operations](index=23&type=section&id=Item%202.%20Management%27s%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) Management discusses the significant operational and financial impacts of COVID-19, including revenue decline and successful cost-cutting measures, alongside strategic actions like capital raises and debt restructuring to mitigate liquidity concerns - The company's business focuses on ready-to-blend frozen beverages, with products supplied to over **400** school locations and over **150** military bases[107](index=107&type=chunk)[108](index=108&type=chunk) - In March 2020, the company raised **$3.825 million** through a private placement of common stock and restructured its convertible notes to improve its capital structure[117](index=117&type=chunk)[118](index=118&type=chunk) - The company has a history of operating losses and negative cash flow, but management believes substantial doubt about its ability to continue as a going concern was mitigated by recent financing and debt restructuring[170](index=170&type=chunk) - As of June 30, 2020, the company had **$3.4 million** in cash and restricted cash and had reduced G&A expenses by **39%** in H1 2020 compared to H1 2019 through cost reduction measures, including reduced headcount[171](index=171&type=chunk) [Results of Operations (Q2 2020 vs Q2 2019)](index=27&type=section&id=Results%20of%20Operation%20for%20Three%20Months%20Ended%20June%2030%2C%202020%20as%20Compared%20to%20the%20Three%20Months%20Ended%20June%2030%2C%202019) Q2 2020 revenue decreased by **63%** to **$506,276** due to COVID-19, with gross margin falling to **22.8%**, while general and administrative expenses were reduced by **39%**, leading to an increased net loss Q2 Revenue and Gross Profit Comparison (2020 vs. 2019) | Metric | Q2 2020 ($) | Q2 2019 ($) | Change ($) | % Change | | :--- | :--- | :--- | :--- | :--- | | **Revenue** | 506,276 | 1,382,665 | (876,389) | (63%) | | **Gross Profit** | 115,306 | 851,046 | (735,740) | (86%) | | **Gross Margin** | 22.8% | 61.6% | - | - | Q2 General & Administrative Expense Breakdown (2020 vs. 2019) | Expense Category | Q2 2020 ($) | Q2 2019 ($) | Change ($) | | :--- | :--- | :--- | :--- | | **Personnel costs** | 427,500 | 687,994 | (260,494) | | **Marketing and selling** | 57,837 | 146,106 | (88,269) | | **Travel** | 12,917 | 99,108 | (86,191) | | **Shipping and Storage** | 96,425 | 192,628 | (96,203) | | **Total G&A** | **1,084,040** | **1,785,820** | **(701,780)** | [Results of Operations (H1 2020 vs H1 2019)](index=29&type=section&id=Results%20of%20Operation%20for%20Six%20Months%20Ended%20June%2030%2C%202020%20as%20Compared%20to%20the%20Six%20Months%20Ended%20June%2030%2C%202019) H1 2020 revenue decreased by **44%** to **$1,240,156** due to COVID-19, but a **39%** reduction in general and administrative expenses significantly improved the net loss to **$1,922,586** H1 Revenue and Gross Profit Comparison (2020 vs. 2019) | Metric | H1 2020 ($) | H1 2019 ($) | Change ($) | % Change | | :--- | :--- | :--- | :--- | :--- | | **Revenue** | 1,240,156 | 2,217,199 | (977,043) | (44%) | | **Gross Profit** | 512,105 | 1,285,750 | (773,645) | (60%) | | **Gross Margin** | 41% | 58% | - | - | H1 General & Administrative Expense Breakdown (2020 vs. 2019) | Expense Category | H1 2020 ($) | H1 2019 ($) | Change ($) | | :--- | :--- | :--- | :--- | | **Personnel costs** | 847,680 | 1,646,860 | (799,180) | | **Marketing and selling** | 136,812 | 305,535 | (168,723) | | **Travel** | 51,836 | 210,867 | (159,031) | | **Total G&A** | **2,308,465** | **3,789,264** | **(1,480,799)** | - Net loss for the six-month period improved significantly to **$1,922,586** in 2020 from **$3,421,178** in 2019, largely due to reduced operating expenses[168](index=168&type=chunk) [Quantitative and Qualitative Disclosures About Market Risk](index=31&type=section&id=Item%203.%20Quantitative%20and%20Qualitative%20Disclosures%20About%20Market%20Risk) As a smaller reporting company, the company is not required to provide market risk disclosures - Disclosure is not required because Barfresh Food Group Inc is a smaller reporting company[174](index=174&type=chunk) [Controls and Procedures](index=31&type=section&id=Item%204.%20Controls%20and%20Procedures) Management concluded that disclosure controls and procedures were not effective as of June 30, 2020, due to a material weakness in internal control over financial reporting related to inadequate segregation of duties - Management concluded that as of June 30, 2020, the company's disclosure controls and procedures were not effective[176](index=176&type=chunk) - A material weakness was identified in internal controls: Inadequate Segregation of Duties due to an insufficient number of personnel[177](index=177&type=chunk)[178](index=178&type=chunk) - There were no changes in the company's internal control over financial reporting during the quarter that materially affected, or are reasonably likely to materially affect, internal controls[180](index=180&type=chunk) PART II - OTHER INFORMATION [Legal Proceedings](index=33&type=section&id=Item%201.%20Legal%20Proceedings) The company reports no material pending legal proceedings involving itself or its subsidiaries - The Company is not party to any material pending legal proceedings[183](index=183&type=chunk) [Risk Factors](index=33&type=section&id=Item%201A.%20Risk%20Factors) As a smaller reporting company, Barfresh Food Group Inc is not required to provide risk factor disclosures - Disclosure is not required because the company is a smaller reporting company[185](index=185&type=chunk) [Unregistered Sales of Equity Securities and Use of Proceeds](index=33&type=section&id=Item%202.%20Unregistered%20Sales%20of%20Equity%20Securities%20and%20Use%20of%20Proceeds) The company did not issue or sell any unregistered equity securities during the period not previously reported on a Form 8-K - No unregistered equity securities were issued or sold during the period that were not previously reported on a Form 8-K[186](index=186&type=chunk) [Defaults Upon Senior Securities](index=33&type=section&id=Item%203.%20Defaults%20Upon%20Senior%20Securities) The company reports no defaults upon senior securities - None reported[188](index=188&type=chunk) [Mine Safety Disclosures](index=33&type=section&id=Item%204.%20Mine%20Safety%20Disclosures) This item is not applicable to the company's business - Not applicable[190](index=190&type=chunk) [Other Information](index=33&type=section&id=Item%205.%20Other%20Information) The company reports no other information for this item - None reported[192](index=192&type=chunk) [Exhibits](index=34&type=section&id=Item%206.%20Exhibits) This section lists exhibits filed with the Form 10-Q, including certifications by executive officers and XBRL data files - The exhibits include certifications from the Principal Executive Officer and Principal Accounting Officer pursuant to Sections **302** and **906** of the Sarbanes-Oxley Act of **2002**[195](index=195&type=chunk) - XBRL (Extensible Business Reporting Language) data files are also included as exhibits[195](index=195&type=chunk)

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2020 or [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________________ to ___________________ | --- | --- | |---------------------------------------------------------------------------------------|----------- ...

Barfresh Food Group, Inc. (NASDAQ:BRFH) Q4 2019 Results Earnings Conference Call April 13, 2020 4:30 PM ET Company Participants Riccardo Delle Coste - Chief Executive Officer and Founder Joe Cugine - President Raffi Loussararian - Vice President of Finance Conference Call Participants Len Goldberg - Goldberg Capital Management David Morgan - MSR Investments Anthony Vendetti - Maxim Group Michael Donnelly - Ibex Investors Operator Good afternoon, everyone, and thank you for participating in today's Fourth Qu ...