BARFRESH FOOD GROUP INC.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $14.2M | $10.7M | $8.1M | $9.2M | $6.7M | $2.6M | $4.3M |
| Cost of Revenue | — | $11.1M | $7.0M | $5.2M | $7.7M | $4.2M | $1.8M | $1.9M |
| Gross Profit | — | $3.1M | $3.7M | $2.9M | $1.4M | $2.5M | $764.1K | $2.3M |
| Gross Margin | — | 21.9% | 34.2% | 35.5% | 15.7% | 37.4% | 29.8% | 53.7% |
| Operating Expenses | ||||||||
| Research & Development | — | $128.0K | $132.0K | $115.0K | $382.0K | $245.0K | $515.1K | $538.4K |
| SG&A Expense | — | $3.2M | $3.0M | $2.7M | $3.5M | $2.2M | $4.4M | $6.9M |
| Operating Income | — | $-3.4M | $-2.8M | $-2.8M | $-6.2M | $-2.1M | $-4.2M | $-5.2M |
| Operating Margin | — | -24.2% | -25.9% | -34.6% | -67.9% | -31.3% | -163.9% | -120.4% |
| Interest Expense | — | — | — | — | — | $128.0K | $479.1K | $1.2M |
| Pretax Income | — | $-3.0M | $-2.8M | — | — | — | — | — |
| Income Tax Expense | — | $-285.0K | — | — | — | — | — | — |
| Net Income | — | $-2.7M | $-2.8M | $-2.8M | $-6.1M | $-1.3M | $-4.2M | $-5.6M |
| Net Margin | — | -19.0% | -26.4% | -34.7% | -67.0% | -18.9% | -161.7% | -129.9% |
| EPS (Basic) | — | $-0.17 | $-0.19 | $-0.21 | $-0.47 | $-0.10 | $-0.38 | $-0.04 |
| EPS (Diluted) | — | $-0.17 | $-0.19 | $-0.21 | $-0.47 | $-0.10 | $-0.38 | $-0.04 |
| Shares Outstanding (Basic) | 16.1M | 15.8M | 14.7M | 13.4M | 12.9M | 12.1M | 11.5M | 130.3M |
| Shares Outstanding (Diluted) | 16.1M | 15.8M | 14.7M | 13.4M | 12.9M | 12.1M | 11.5M | 130.3M |
| Dividends Per Share | — | — | — | — | — | — | — | — |