Distribution Expansion and Retail Wins
Expanded distribution to nearly 6,000 store locations, with incremental placement of more than 700 additional retail locations in Q4; new and expanded placements with Kroger, Weis Markets, Safeway, The Fresh Market and Busch's; increased domestic e-commerce and international placements including Amazon, PriceSmart, Target.com and Walmart.com.
Q4 Revenue Growth
Quarterly revenue for the three months ended December 31, 2025 was approximately $4.1 million versus $3.9 million in the prior year period, an increase of ~5% (≈$0.2M), reflecting strong Q4 momentum.
Product and Category Momentum
Double-digit growth in cut herbs driven by Kroger onboarding and existing account expansion; significant growth in condiment platform with wins at Wakefern and Safeway; nutraceutical portfolio showed strong growth (management cited ~20% year-over-year in the segment).
International CPG Entry
Recorded first international CPG placement (Kick Sports Nutrition) with PriceSmart, marking entry into markets beyond domestic retail.
Strategic RTD Manufacturing Initiative
Announced development of a state-of-the-art ready-to-drink (RTD) manufacturing initiative at Midwest facility with Tetra Pak selected for planning and integration; management expects potential capacity in the hundreds of millions of units and targets commercial activity by late 2027. Management projects RTD gross margins in the 20%–30% range.
Portfolio Diversification and Higher-Margin Focus
Deliberate strategy to expand beyond controlled-environment agriculture into shelf-stable, higher-margin CPG categories (sports nutrition, performance, adult/kids nutrition, GLP-1 supportive and functional categories) and to leverage existing retail relationships to scale those offerings.
Balance Sheet Improvements
Stockholders' equity improved via preferred stock issuance related to the NaturalShrimp acquisition; total debt declined approximately $0.6 million year-over-year, indicating progress on deleveraging.