About Barfresh Food Group

Barfresh Food Group Inc. engages in the creation, manufacturing and distribution of ready-to-drink and ready-to-blend frozen beverages. The portfolio of products includes smoothies, shakes and frappes. Products Products are packaged in three distinct formats. The company's ready-to-drink smoothie, 'Twist & Go', has initially been focused towards the USDA national school meal program, including the School Breakfast Program, the National School Lunch Program and Smart Snacks in Schools Program. This sweet fruit and creamy yogurt smoothie contains four ounces of yogurt and a half-cup of fruit/fruit juice and comes in three different flavors: strawberry banana, peach and mango pineapple. The product was originally launched in a bottled packaging format. The company introduced Twist & Go cartons in 2022. Twist & Go contains no added sugars, preservatives, artificial flavors or colors. At only 125 -130 calories and with 5 grams of protein, it makes the perfect start to any day or on-the-go snack. The company's bulk 'Easy Pour' format, which contains all the ingredients necessary to make the beverage, is packaged in gallon containers in a concentrated formula that is mixed in beverage dispensing equipment 1:1 with water. The company has a 'no sugar added' version of the bulk 'Easy Pour' format, WHIRLZ 100% Juice Concentrate, that is specifically targeted for the aforementioned USDA national school meal programs. In addition, the company received approval from the United States Defense Logistics Agency (DLA) to sell its smoothie products into all branches of the U.S. Armed Forces and is in contract with and selling its bulk Easy Pour products into over one hundred military bases in the United States and abroad. The company's single serve format features portion controlled and ready-to-blend beverage ingredient packs or 'beverage packs'. The beverage packs contain all the ingredients necessary to make the beverage, including the base (either sorbet, frozen yogurt, or ice cream), real fruit pieces, juices, and ice - five ounces of water are added before blending. Distribution The company conducts sales through several channels, including National Accounts, Regional Accounts, and Broadline Distributors. The company distributes products institutionally primarily through distributors to school districts. Research and Development The company incurred research and development expenses were $382,000 for the year ended December 31, 2022. Intellectual Property The company owns the domestic and international property rights to its products' sealed pack of ingredients used in its single serve products. In November 2011, the company acquired patent applications filed in the United States (Patent Application number 11/660415) and Canada (Patent Application number 2577163) from certain related parties. The United States patent was originally filed on December 4, 2007 and it was granted during August of 2017. The Canadian patent was originally filed on August 16, 2005 and it was granted on May 27, 2014. On October 15, 2013, the company acquired all of the related international patent rights, which were filed pursuant to the Patent Cooperation Treaty, have been granted in 13 jurisdictions and are pending in the remainder of the jurisdictions that have signed the PCT. In addition, the company purchased all of the trademarks related to the patented products. Governmental Approval and Regulation USDLA is critical to the company's business plan. History Barfresh Food Group, Inc. was founded in 2009.