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Real Good Food Company Inc
3 Executive Campus, Suite 155
Phone: (856) 644-5624p:856 644-5624 CHERRY HILL, NJ  08002  United States Ticker: RGFRGF
On March 15, 2024, the audit committee and the board of directors of The Real Good Food Company, Inc., after consultation with the company’s management, concluded that the previously issued audited consolidated financial statements for the year ended December 31, 2022, as well as previously issued consolidated financial statements for the quarterly periods ended March 31, 2023, June 30, 2023, and September 30, 2023, should no longer be relied upon. The company identified certain errors related to differences between the 2022 year-end physical inventory listing and the inventory recorded as of December 31, 2022. The correction of the error will result in both the reduction of the inventory balance and an increase in cost of goods sold previously reported for the year ended 2022, and a reduction of the inventory balance and retained earnings for the above-mentioned quarterly periods in 2023.
Business Summary
The Real Good Food Company, Inc. is a frozen food company. The Company develops, markets, and manufactures foods designed to be high in protein, low in sugar, and made from gluten-and grain-free ingredients that are intended to be sold in the health and wellness (H&W) segment of the frozen food category. It offers nutritious options across breakfast, lunch, dinner, and snacking occasions, which are available in approximately 15,000 stores nationwide, and directly from its website at www.realgoodfoods.com. Its branded products are sold to consumers through an increasing number of locations in retail channels, primarily in natural and conventional grocery, drug, club, and mass merchandise stores, including Walmart, Kroger, and Costco. It produces and sells entrees, bowls, breakfast sandwiches, enchiladas, other H&W products and snacks within the frozen food category. Its craveable products are offered in ready-to-heat and ready-to-cook formats for consumers to prepare.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-Yes---

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
9/30/202312/31/2022YesYes-YesYes

Industries
SIC Code Description
2038 Frozen specialties, not elsewhere classified

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Executive Chairman of the Board, President, Secretary BryanFreeman 53 6/2/2021 6/2/2021
Chief Executive Officer TimZimmer 58 3/15/2024 3/15/2024
Chief Financial Officer AkshayJagdale 43 6/2/2021 6/2/2021
5 additional Officers and Directors records available in full report.

Business Names
Business Name
Real Good Foods, LLC
RGF

General Information
Number of Employees: 130 (As of 12/31/2022)
Outstanding Shares: 33,684,204 (As of 11/9/2023)
Shareholders: 2,490
Stock Exchange: NASD
Federal Tax Id: 871280343
Fax Number: (302) 636-5454


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Wednesday, April 24, 2024