Home / Going-concern warnings / BARFRESH FOOD GROUP INC.
Filed 2025-05-01 路 Form 10-Q 路 Accession 0001641172-25-008101 nano
Price before filing: $2.7 (2025-04-30 close, split/dividend-adjusted)
Market cap at flag: $46.7M (2025-05-01) 路 Latest: $9.0M (2026-10-16)
| Window | BRFH | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | -8.5% | +6.9% | -15.4% | 2025-06-02 |
| 90 days | +12.2% | +14.8% | -2.5% | 2025-07-30 |
| 180 days | +21.9% | +24.6% | -2.8% | 2025-10-28 |
Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.
90 days before the flag: no open-market insider sales or purchases reported.
30 days after: 1 insider bought $15K (6 purchases)
| Date | Insider | Type | Shares | Price | Value | 10b5-1 plan | Source |
|---|---|---|---|---|---|---|---|
| 2025-05-01: red flag filed | |||||||
| 2025-05-19 | Delle Coste Riccardo Chief Executive Officer, Director, 10% owner | Purchase | 1,000 | $2.42 | $2K | no | Form 4 |
| 2025-05-19 | Delle Coste Riccardo Chief Executive Officer, Director, 10% owner | Purchase | 1,000 | $2.43 | $2K | no | Form 4 |
| 2025-05-19 | Delle Coste Riccardo Chief Executive Officer, Director, 10% owner | Purchase | 869 | $2.48 | $2K | no | Form 4 |
| 2025-05-19 | Delle Coste Riccardo Chief Executive Officer, Director, 10% owner | Purchase | 2,700 | $2.48 | $7K | no | Form 4 |
| 2025-05-19 | Delle Coste Riccardo Chief Executive Officer, Director, 10% owner | Purchase | 51 | $2.48 | $126 | no | Form 4 |
| 2025-05-19 | Delle Coste Riccardo Chief Executive Officer, Director, 10% owner | Purchase | 380 | $2.47 | $939 | no | Form 4 |
Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-01-31 to 2025-05-31. Excludes option exercises, grants, gifts and tax withholding. Amended filings replace the originals; joint filings count once. Foreign private issuers do not file Form 4. Many insider sales are pre-scheduled (10b5-1 plans) and are not by themselves a sign of wrongdoing.
"The financial position at March 31, 2025 and historical results raise substantial doubt about the Company's ability to continue as a going concern."
Quoted from the filing. Source
The filing states that substantial doubt exists about the company's ability to continue as a going concern: it may not have enough cash to last the next 12 months. Expect dilution, debt deals or worse. An auditor's going-concern paragraph is the strongest form of this warning.
Source: management disclosure in Form 10-Q (period 2025-03-31)
Why this score: quarterly (unaudited) disclosure
Read the original filing on SEC.gov →
Not investment advice. Automated summary; verify against the filing.
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