Barfresh Food Group Inc. (OTCQB: BRFH) is a developer, manufacturer and distributor of ready-to-blend and ready-to-drink beverages including smoothies, shakes and frappes, primarily for restaurant chains and the foodservice industry. The company’s proprietary, patented system uses portion-controlled pre-packaged beverage ingredients that deliver freshly made frozen beverages that are quick, cost efficient, better for you and without waste. Barfresh has an exclusive distribution partnership with the leading food distributor in North America. For more information, please visitwww.barfresh.com.
Company profile
Ticker
BRFH
Exchange
Website
CEO
Riccardo Delle Coste
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
Moving Box Inc
SEC CIK
Corporate docs
IRS number
271994359
BRFH stock data
Investment data
Securities sold
Number of investors
Calendar
28 Apr 22
1 Jul 22
31 Dec 22
Financial summary
| Quarter (USD) | Mar 22 | Dec 21 | Sep 21 | Jun 21 | |
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| Diluted EPS |
| Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
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| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
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| Net income | |||||
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| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 4.53M | 4.53M | 4.53M | 4.53M | 4.53M | 4.53M |
| Cash burn (monthly) | 380.22K | (no burn) | 298.17K | 203.31K | 377.38K | 215.27K |
| Cash used (since last report) | 1.15M | n/a | 900.17K | 613.78K | 1.14M | 649.89K |
| Cash remaining | 3.39M | n/a | 3.63M | 3.92M | 3.4M | 3.88M |
| Runway (months of cash) | 8.9 | n/a | 12.2 | 19.3 | 9.0 | 18.0 |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 17 Feb 22 | Isabelle Ortiz-Cochet | Stock option Common Stock | Grant | Acquire A | No | No | 5.25 | 6,106 | 32.06K | 6,106 |
| 17 Feb 22 | Joseph M. Cugine | Common Stock | Grant | Acquire A | No | No | 0 | 4,762 | 0 | 165,774 |
| 17 Feb 22 | Alexander H Ware | Common Stock | Grant | Acquire A | Yes | No | 0 | 4,762 | 0 | 57,959 |
| 10 Dec 21 | Alexander H Ware | Common Stock | Grant | Acquire A | Yes | No | 0 | 51,483 | 0 | 691,483 |
Institutional ownership, Q4 2021
| 13F holders | Current |
|---|---|
| Total holders | 0 |
| Opened positions | 0 |
| Closed positions | 1 |
| Increased positions | 0 |
| Reduced positions | 0 |
| 13F shares | Current |
|---|---|
| Total value | 0 |
| Total shares | 0 |
| Total puts | 0 |
| Total calls | 0 |
| Total put/call ratio | – |
| Largest owners | Shares | Value |
|---|
Financial report summary
?Content analysis
?| Positive | ||
| Negative | ||
| Uncertain | ||
| Constraining | ||
| Legalese | ||
| Litigous | ||
| Readability |
8th grade Avg
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New words:
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Removed:
accelerate, acceleration, accounted, accrual, accrued, achieving, acquire, acquisition, add, addition, adjust, adjustment, administered, Administration, advantage, ago, agreed, amend, amortization, amortized, analyzed, anniversary, announced, application, apply, approach, approval, arrangement, assuming, assured, ASU, attributable, authority, automatically, awaiting, Babybel, base, Basic, Bel, beverage, bid, blend, blender, borrowing, bottled, bought, Boulevard, Boursin, branded, branding, broadline, bulk, calculate, calendar, California, Canada, cancelled, capitalized, case, channel, classification, classified, clause, close, closing, CN, commenced, commencement, commencing, comparison, compensated, complement, comprised, computed, concentrated, consecutive, contingent, controlled, Controller, convert, core, coupon, coverage, Cow, creamy, credit, criteria, deemed, deferral, denominator, depending, deposit, determination, determining, developed, developing, diluted, disclose, discount, discretion, discussed, dispensing, distributor, dividing, division, Domestic, Easy, economic, efficient, eligible, embedded, empty, enable, enacted, enactment, end, entering, entity, equal, evaluate, event, examination, exclusive, exercisable, expand, expensed, expertise, extend, extension, extent, extinguished, feature, federally, fee, finance, financially, financing, flat, foodservice, forced, forgiven, format, formula, fourth, France, frappe, free, fruit, fully, funding, Furniture, gallon, global, Goodwill, government, gradually, greater, growing, guaranteed, guidance, half, headcount, headquartered, Hedging, ice, identifiable, impairment, implemented, improve, improving, inception, independent, indeterminable, indexed, industrial, ingredient, initial, initially, innovative, instrument, insurance, insured, intangible, internally, international, invested, investment, investor, issuable, issue, January, juice, July, knowledge, largely, Lastly, Laughing, Leasehold, legally, lessee, leveraging, life, likelihood, limit, line, liquidation, load, location, Los, making, margin, marked, measure, measurement, meeting, million, Mini, minimal, mixed, month, monthly, multi, multiple, mutually, national, nationwide, nominated, North, notice, notification, November, objective, obsolescence, obtain, obtained, occurred, October, offered, Offering, opening, operator, opportunity, packaged, packet, part, partner, patent, patented, pay, Paycheck, Pepsi, PepsiCo, percent, percentage, perfect, perform, performed, person, pick, placement, potentially, Pour, premium, present, presently, primary, principal, private, production, Program, promissory, Protection, provision, purpose, qualify, quantity, raw, reacquisition, ready, realizable, realized, receipt, receiving, reclassified, recognition, record, recoverability, recoverable, recovered, reduced, Regional, relate, released, relevant, remain, remained, renegotiated, renegotiation, renewal, Rent, repay, repayment, represent, representative, require, reserve, restaurant, review, rolled, rollout, SBA, scope, seat, selection, sell, separately, September, serving, settlement, shake, shareholder, short, Similarly, Simply, sixty, Small, solid, sound, standard, strategic, subsequently, suitable, sum, supporting, sustained, sweet, Sysco, system, Target, taxable, telephone, temporary, terminate, terminated, thirty, thousand, tighter, trade, travel, treatment, twenty, ultimate, uncollateralized, underlying, undiscounted, Unibel, unsecured, utilized, vary, vesting, volume, water, WHIRLZ, world, written, yogurt
Current reports
8-K
Barfresh Provides First Quarter 2022 Results and Business Update
28 Apr 22
8-K
Barfresh Provides Fourth Quarter and Full Year 2021 Results and Business Update
10 Mar 22
8-K
Barfresh Announces New CFO
6 Jan 22
8-K
Barfresh Completes Reverse Stock Split in Connection with Application for Uplisting to a National Exchange
29 Dec 21
8-K
Barfresh Provides Third Quarter 2021 Results and Business Update
14 Nov 21
8-K
Barfresh Provides Second Quarter 2021 Results and Business Update
11 Aug 21
8-K
Barfresh Completes $6 million Financing to Accelerate Growth and Meet Uplisting Requirements for a National Exchange
3 Jun 21
8-K
Barfresh Provides First Quarter 2021 Results and Business Update
17 May 21
8-K
Barfresh Provides Business Update
15 Apr 21
8-K
Departure of Directors or Certain Officers
11 Jan 21
Registration and prospectus
S-8
Registration of securities for employees
28 Apr 22
8-A12B
Registration of securities on exchange
13 Jan 22
D
$7.5M in equity, sold $6.68M, 11 investors
7 Jun 21
POS AM
Prospectus update (post-effective amendment)
18 Jul 19
POS AM
Prospectus update (post-effective amendment)
17 Jul 19
POS AM
Prospectus update (post-effective amendment)
17 Jul 19
POS AM
Prospectus update (post-effective amendment)
17 Jul 19
S-1
IPO registration
28 May 19
RW
Registration withdrawal request
26 Dec 18
S-1/A
IPO registration (amended)
17 Dec 18
Other
CERT
Certification of approval for exchange listing
20 Jan 22
EFFECT
Notice of effectiveness
26 Jul 19
EFFECT
Notice of effectiveness
26 Jul 19
EFFECT
Notice of effectiveness
26 Jul 19
EFFECT
Notice of effectiveness
26 Jul 19
EFFECT
Notice of effectiveness
12 Jun 19
CORRESP
Correspondence with SEC
6 Jun 19
UPLOAD
Letter from SEC
2 Jun 19
EFFECT
Notice of effectiveness
27 Dec 18
CORRESP
Correspondence with SEC
25 Dec 18
Ownership
4
BARFRESH FOOD / ALEXANDER H WARE ownership change
22 Feb 22
4
BARFRESH FOOD / Joseph M. Cugine ownership change
22 Feb 22
4
BARFRESH FOOD / Isabelle Ortiz-Cochet ownership change
18 Feb 22
SC 13G/A
BARFRESH FOOD / Bleichroeder ownership change
14 Feb 22
3
BARFRESH FOOD / Lisa Roger ownership change
27 Jan 22
4
BARFRESH FOOD / Isabelle Ortiz-Cochet ownership change
14 Dec 21
4
BARFRESH FOOD / Joseph M. Cugine ownership change
13 Dec 21
4
BARFRESH FOOD / ALEXANDER H WARE ownership change
13 Dec 21
4
BARFRESH FOOD / UNIBEL ownership change
19 Jul 21
SC 13D
BARFRESH FOOD / Lang Steven ownership change
6 Jul 21
Patents
Utility
Sealed Pack of Ingredients for an Individual Smoothie, and Associated Methods and Apparatuses
23 Dec 20
A sealed pack (440) contains quantities of ingredients to make an individual smoothie portion.
Utility
Sealed pack of ingredients for an individual smoothie, and associated methods and apparatuses
5 Oct 20
A sealed pack (440) contains quantities of ingredients to make an individual smoothie portion.
Transcripts
2021 Q3
Earnings call transcript
16 Nov 21
2021 Q2
Earnings call transcript
12 Aug 21
2021 Q1
Earnings call transcript
17 May 21
2019 Q4
Earnings call transcript
13 Apr 20
2019 Q3
Earnings call transcript
14 Nov 19
2019 Q2
Earnings call transcript
14 Aug 19
2018 Q4
Earnings call transcript
1 Apr 19
2018 Q3
Earnings call transcript
14 Nov 18
2018 Q2
Earnings call transcript
15 Aug 18
2018 Q1
Earnings call transcript
16 May 18
Reddit threads
#premarket #watchlist 01/21 $BSFC - no news, $KTRA - no news, $PTON - Peloton Stock Bounces As CEO Hits Back At 'False' Production Halt Report, $BRFH - no news ... Also check afterhours runners and low float stocks in my app!
21 Jan 22
#premarket #watchlist 01/21 $BSFC - no news, $KTRA - no news, $PTON - Peloton Stock Bounces As CEO Hits Back At 'False' Production Halt Report, $BRFH - no news ... Also check afterhours runners and low float stocks in my app!
21 Jan 22
$BRFH Barfresh Well Positioned to Support California’s Rollout of Free School Meals for All K–12 Students
8 Jul 21