secwatch.observer — SEC 8-K summary
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Issuer:     BARFRESH FOOD GROUP INC. (BRFH)
CIK:        0001487197
Form:       8-K
Filed at:   2024-05-15T23:59:59+00:00
Accession:  0001493152-24-019797
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Barfresh Q1 revenue hits record $2.8M; first positive adjusted EBITDA of $53K
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- Q1 2024 revenue $2.8M, up 35% YoY; gross margin 41.4%, highest since early 2021.
- Net loss narrowed to $449K from $889K YoY; G&A down 14% on headcount reduction.
- First positive Adjusted EBITDA of $53K vs. ($544K) in Q1 2023.
- Added over 2,600 new schools; expects record FY2024 revenue and gross margins in high 30%.
- Supplier dispute with Twist & Go bottle manufacturer continues in California state court.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1487197/000149315224019797/0001493152-24-019797-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1487197/000149315224019797/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-019797

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer