Financial PerformanceRevenue slightly above recently-introduced guidance and consensus, and inline with our estimate; gross margin higher than consensus and our estimate; and GAAP loss per share and adjusted EBITDA loss narrower than expectations.
Market ExpansionBarfresh has expanded its educational channel across the US, adding more than 2,100 schools, which supports its national expansion strategy.
Product DevelopmentThe new Pop & Go freeze pop product received an overwhelmingly positive response during testing, indicating strong market demand.