secwatch.observer — SEC 8-K summary
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Issuer:     BARFRESH FOOD GROUP INC. (BRFH)
CIK:        0001487197
Form:       8-K/A
Filed at:   2025-12-05T23:59:59+00:00
Accession:  0001493152-25-026360
Event type: other_material
Sentiment:  negative
Materiality: 0.70
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Arps Dairy 2024 net loss of $525,650; covenant breach on bank debt
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- Arps Dairy 2024 net loss $525,650 (vs $717,143 income in 2023); sales $21.58M, up 9%.
- Gross profit fell to $972,961 (4.5% margin) from $1.86M (9.4% margin) due to higher cost of sales.
- At Dec 31, 2024, company violated debt service coverage covenant; no waiver obtained; $2.99M debt reclassified as current.
- Customer concentration: two customers accounted for 72% of 2024 sales; $1.21M receivable from single customer.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1487197/000149315225026360/0001493152-25-026360-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1487197/000149315225026360/form8-ka.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-026360

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