Revenue Performance - Revenue increased to $10,717,000 in 2024, up by $2,590,000 or 32% from $8,127,000 in 2023, driven by higher sales of Twist & Go smoothies and bulk products [120]. Cost and Expenses - Cost of revenue rose to $7,049,000 in 2024, an increase of $1,806,000 or 34% compared to $5,243,000 in 2023, primarily due to production line relocation costs [121]. - Selling, marketing, and distribution expenses increased by $525,000 (20%) to $3,139,000 in 2024 from $2,614,000 in 2023 [123]. - General and administrative expenses rose by $357,000 (13%) to $3,043,000 in 2024, with stock-based compensation increasing by $241,000 (44%) [127][129]. - Interest expense increased to $52,000 in 2024 from $8,000 in 2023, attributed to a new receivables-based line of credit [132]. Profitability - Gross profit for 2024 was $3,668,000 (34% margin), compared to $2,884,000 (36% margin) in 2023; excluding relocation costs, gross profit was $3,951,000 (37% margin) [122]. - Net losses were approximately $2,825,000 in 2024, slightly higher than the $2,824,000 loss in 2023 [133]. Working Capital and Financing - Working capital decreased to $606,000 as of December 31, 2024, down from $2,345,000 at the end of 2023, primarily due to losses incurred [136]. - The company executed a $2,000,000 convertible debt offering, with $1,390,000 issued and converted into approximately 820,000 shares of common stock [134]. Operational Efficiency - The introduction of carton packaging in 2023 has not fully mitigated supply loss, but expanded manufacturing capacity is expected to improve efficiency in 2025 [137].

Exhibit 99.1 Barfresh Provides Fourth Quarter and Full Year 2024 Results and Business Update Company Achieves Highest Fiscal Year Revenue in Company History Revenue of $10.7 Million, Gross Margin of 34% and Adjusted Gross Margin of 37% for Fiscal Year 2024 Pop & Go™ 100% Juice Freeze Pops Launched with Initial Revenue Generation in Fourth Quarter 2024 Company Raises $3 Million in Profitable Growth Financing; Financing to Accelerate Manufacturing and Market Expansion Company Expects Record Revenue for Fiscal ...

Company Achieves Highest Fiscal Year Revenue in Company History Revenue of $10.7 Million, Gross Margin of 34% and Adjusted Gross Margin of 37% for Fiscal Year 2024 Pop & Go™ 100% Juice Freeze Pops Launched with Initial Revenue Generation in Fourth Quarter 2024 Company Raises $3 Million in Profitable Growth Financing; Financing to Accelerate Manufacturing and Market Expansion Company Expects Record Revenue for Fiscal Year 2025 of $14.5 Million to $16.6 Million LOS ANGELES, March 27, 2025 (GLOBE NEWSWIRE) - ...

LOS ANGELES, Feb. 26, 2025 (GLOBE NEWSWIRE) -- Barfresh Food Group Inc. (the “Company” or “Barfresh”) (Nasdaq: BRFH), a provider of frozen, ready-to-blend and ready-to-drink beverages, today announced that it has changed the date of its fourth quarter 2024 earnings conference call and webcast. The conference call will now be held on Thursday, March 27, 2025 at 1:30 pm Pacific Time (4:30 pm Eastern Time). Listeners can dial (877) 407-4018 in North America, and international listeners can dial (201) 689-8471. ...

Company Overview - Barfresh Food Group Inc. is a developer, manufacturer, and distributor of ready-to-blend and ready-to-drink beverages, including smoothies, shakes, and frappes [4] - The company primarily serves the education market, foodservice industry, and restaurant chains, offering products in both single serving and bulk formats [4] - Barfresh utilizes a proprietary, patented system for its single serving, on-site prepared products, which ensures quick, cost-efficient, and waste-free beverage preparation [4] Upcoming Events - The company will host a business update call on February 27, 2025, at 1:30 PM Pacific Time (4:30 PM Eastern Time) [1] - A telephonic playback of the call will be available approximately two hours after the conclusion and will remain accessible until March 13, 2025 [2] - Interested parties can also listen to a simultaneous webcast of the conference call on the company's website, with a replay available for approximately 30 days following the call [3]

Core Insights - Barfresh Food Group Inc. has announced new customer acquisitions in the education sector across the Southern United States, planning to expand its service to over 800 new schools, impacting approximately 560,000 students [1][2] Group 1: Company Developments - The company is set to implement its smoothie products into breakfast menus at these schools, with full integration expected by the start of the 2025-26 academic year [1] - New schools are also planning to introduce Barfresh's Pop & Go™ 100% Juice Freeze Pops to their lunch menus for the same academic year [1] - The CEO highlighted the strong sales momentum and the company's readiness to meet growing demand in the K-12 segment, particularly in the Southern U.S. due to its warm climate [2] Group 2: Product Offerings - Barfresh's product portfolio includes ready-to-blend and ready-to-drink beverages, specifically targeting the education market and foodservice industry [3] - The company utilizes a patented system for single-serving, on-site prepared products, which are designed to be quick, cost-efficient, and reduce waste [3]

LOS ANGELES, Feb. 06, 2025 (GLOBE NEWSWIRE) -- Barfresh Food Group Inc. (the “Company” or “Barfresh”) (Nasdaq: BRFH), a provider of frozen, ready-to-blend and ready-to-drink beverages, today announced the completion of a $3 million financing round for common stock at $2.85 per share, primarily supported by existing shareholders. This strategic investment will fuel the Company’s expansion of manufacturing capabilities to meet growing customer demand, following continued customer wins through its education ch ...

Core Insights - Barfresh Food Group Inc. has secured new customer wins in the Midwest education market, adding approximately 1,300 schools to its client base, with several already serving its smoothie beverages [1] - The company received approval from AEA purchasing, which represents around 1,200 schools, allowing Barfresh's Twist & Go™ smoothies to be included in breakfast and a la carte menus [2] - The CEO highlighted the Midwest market as a significant growth opportunity, emphasizing the strong demand for convenient, healthier beverage options in schools [3] Company Overview - Barfresh Food Group Inc. specializes in developing, manufacturing, and distributing ready-to-blend and ready-to-drink beverages, primarily targeting the education market and foodservice industry [4] - The company utilizes a proprietary system for on-site preparation of single-serving beverages, which is designed to be cost-efficient and reduce waste [4] Product Innovations - Barfresh is testing a new product line, Pop & Go™ 100% Juice Freeze Pops, aimed at the lunch menu segment, which typically has higher placement volumes compared to breakfast [3] - The company anticipates further expansion within the AEA network during the 2025-26 school year following positive initial reception of its products [2][3]

Core Insights - Barfresh Food Group Inc. is expanding its K-12 education channel in the Northeast United States, adding over 700 schools and serving approximately 500,000 students [1][3] - The company’s Twist & Go™ smoothies have been successfully rolled out in several major school districts, including Pennsylvania's largest district, which serves around 200,000 students [2][3] - Barfresh's new Pop & Go™ 100% Juice Freeze Pops received the highest ratings among new lunch menu items tested, indicating strong market demand for its products [2][3] Company Overview - Barfresh Food Group Inc. specializes in developing, manufacturing, and distributing ready-to-blend and ready-to-drink beverages, primarily targeting the education market and foodservice industry [4] - The company utilizes a proprietary system for on-site preparation of single-serving beverages, which is designed to be cost-efficient and reduce waste [4]

Northeast Region Growth Adds Over 700 Schools as Barfresh's K-12 Market Presence Strengthens New Pop & Go™ 100% Juice Freeze Pops Receive Highest Rating Out of All New Products Tested with Major School District in The Northeast LOS ANGELES, Jan. 23, 2025 (GLOBE NEWSWIRE) -- Barfresh Food Group Inc. (the "Company" or "Barfresh") (NASDAQ:BRFH), a provider of frozen, ready-to-blend and ready-to-drink beverages, today announced an expansion of its K-12 education channel across the Northeast United States. The e ...