secwatch.observer — SEC 8-K summary
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Issuer:     BARFRESH FOOD GROUP INC. (BRFH)
CIK:        0001487197
Form:       8-K
Filed at:   2021-11-15T23:59:59+00:00
Accession:  0001493152-21-028671
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Barfresh Q3 revenue jumps 173% to $1.9M; net loss narrows; Q4 trending 300% above prior year
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- Revenue Q3 2021 $1.9M, up 173% YoY and 48% sequentially; net loss improved to $507K from $878K YoY.
- Adjusted EBITDA loss improved to $225K from $603K YoY; expects to be at/close to breakeven in Q4 2021.
- Fourth quarter to date revenue ~$1.8M, a 300% increase vs full Q4 2020; entered school year in double the locations.
- Gross margin 37% (down from 39%) due to raw material and packaging cost inflation; expects high-30% in Q4.
- Cash $6.4M; all convertible debt eliminated; expects second PPP loan ($0.57M) forgiven in Q4, becoming debt-free.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1487197/000149315221028671/0001493152-21-028671-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1487197/000149315221028671/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-21-028671

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