Barfresh Food Group Inc. (BRFH) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
3600 WILSHIRE SUITE 1720 LOS ANGELES, CA 90005 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 203 - Canned, Frozen, And Preserved Fruits, Vegetables, and Food Specialties (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 1,891 | 2,808 | 5,533 | 1,817 | 1,000 | 1,042 | |||
| Cash and cash equivalents | 1,891 | 2,808 | 5,533 | 1,817 | 1,000 | 1,042 | |||
| Restricted cash and investments | 211 | 142 | 142 | 91 | |||||
| Receivables | 981 | 227 | 1,222 | 425 | 285 | 357 | |||
| Inventory, net of allowances, customer advances and progress billings | 1,214 | 1,048 | 705 | 870 | 635 | 1,226 | |||
| Inventory | 1,214 | 1,048 | 705 | 870 | 635 | 1,226 | |||
| Other undisclosed current assets | 67 | 79 | 64 | 47 | 18 | 98 | |||
| Total current assets: | 4,153 | 4,373 | 7,667 | 3,302 | 2,028 | 2,724 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 18 | 87 | 148 | 203 | ✕ | ||||
| Property, plant and equipment | 409 | 389 | 1,588 | 1,923 | 2,406 | 2,500 | |||
| Intangible assets, net (including goodwill) | 241 | 306 | 370 | 430 | 480 | 538 | |||
| Intangible assets, net (excluding goodwill) | 241 | 306 | 370 | 430 | 480 | 538 | |||
| Deposits noncurrent assets | 7 | 7 | 7 | 15 | 8 | ||||
| Other noncurrent assets | |||||||||
| Total noncurrent assets: | 657 | 720 | 2,052 | 2,516 | 3,097 | 3,038 | |||
| TOTAL ASSETS: | 4,810 | 5,093 | 9,719 | 5,817 | 5,126 | 5,762 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 1,755 | 2,319 | 1,415 | 1,028 | 1,675 | 2,071 | |||
| Interest and dividends payable | ✕ | ✕ | ✕ | 69 | 488 | ||||
| Employee-related liabilities | ✕ | ✕ | ✕ | 212 | 308 | 311 | 794 | ||
| Accounts payable | 1,670 | 2,033 | 974 | 353 | 625 | 1,102 | |||
| Accrued liabilities | 85 | 286 | 228 | 298 | 250 | 175 | |||
| Debt | 207 | ||||||||
| Derivative instruments and hedges, liabilities | 41 | ||||||||
| Other undisclosed current liabilities | 552 | 253 | 81 | 1,035 | |||||
| Total current liabilities: | 2,307 | 2,572 | 1,496 | 2,105 | 1,882 | 2,071 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 14 | 1,063 | 1,567 | 1,367 | |||||
| Long-term debt, excluding current maturities | 969 | 1,408 | 1,367 | ||||||
| Liabilities, other than long-term debt | 198 | 1,393 | 2,167 | ||||||
| Due to related parties | ✕ | ✕ | 198 | 1,182 | 842 | ||||
| Operating lease, liability | 14 | 94 | 159 | ✕ | |||||
| Derivative instruments and hedges, liabilities | 211 | 1,326 | |||||||
| Other undisclosed noncurrent liabilities | 20 | 128 | 190 | ||||||
| Total noncurrent liabilities: | 47 | 1,388 | 2,960 | 3,725 | |||||
| Total liabilities: | 2,307 | 2,572 | 1,544 | 3,493 | 4,842 | 5,797 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 2,503 | 2,521 | 8,176 | 2,324 | 284 | (35) | |||
| Common stock | 0 | 0 | 0 | 0 | |||||
| Additional paid in capital | 63,299 | 60,905 | 60,341 | 53,224 | 47,031 | 41,119 | |||
| Deferred compensation equity | (603) | ||||||||
| Accumulated deficit | (60,796) | (58,384) | (52,165) | (50,900) | (46,747) | (41,154) | |||
| Other undisclosed equity, attributable to parent | 603 | ||||||||
| Total equity: | 2,503 | 2,521 | 8,176 | 2,324 | 284 | (35) | |||
| TOTAL LIABILITIES AND EQUITY: | 4,810 | 5,093 | 9,719 | 5,817 | 5,126 | 5,762 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 8,127 | 9,162 | 6,700 | 2,568 | 4,307 | 4,235 | ||
| Cost of revenue | (5,243) | (7,722) | (4,175) | (1,785) | (1,928) | (2,033) | ||
| Cost of goods and services sold | (18) | (639) | (19) | (65) | (57) | |||
| Other undisclosed gross profit | (18) | (19) | (65) | (57) | ||||
| Gross profit: | 2,884 | 1,440 | 2,507 | 764 | 2,313 | 2,145 | ||
| Operating expenses | (5,708) | (7,659) | (4,601) | (4,973) | (7,500) | (8,325) | ||
| Operating loss: | (2,824) | (6,219) | (2,094) | (4,209) | (5,187) | (6,180) | ||
| Nonoperating income | 829 | 57 | 406 | 1,143 | ||||
| Interest and debt expense | (194) | 379 | (1,213) | (765) | ||||
| Loss from continuing operations: | (2,824) | (6,219) | (1,459) | (3,773) | (5,994) | (5,802) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (1,459) | (3,773) | (5,994) | (5,802) | |
| Net loss: | (2,824) | (6,219) | (1,459) | (3,773) | (5,994) | (5,802) | ||
| Other undisclosed net income (loss) attributable to parent | 194 | (379) | 401 | (1,521) | ||||
| Net loss available to common stockholders, diluted: | (2,824) | (6,219) | (1,265) | (4,153) | (5,593) | (7,323) | ||
Comprehensive Income ($ in thousands)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (2,824) | (6,219) | (1,459) | (3,773) | (5,994) | (5,802) | ||
| Comprehensive loss, net of tax, attributable to parent: | (2,824) | (6,219) | (1,459) | (3,773) | (5,994) | (5,802) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.