According to its fourth quarter and 2023 financial results, the company’s losses have significantly improved. 

The company hopes to compel the closing of the sale of its Halo, Purely for Pets subsidiary to the co-manufacturer. 

The acquisition will allow Better Choice to manage clinical trials of a weight management supplement for pets.

The company’s partner Aimia has formed an R&D agreement with KGK Science to create the supplement.

Recent partnerships aim to alleviate production and supply chain constraints for dry kibble.

A recent co-manufacturing partnership could be the light at the end of a long tunnel of supply chain disruptions.

The company will now serve as the manufacturer for Better Choice Company’s Halo pet food brand.

Kent Cunningham will assume the role, effective May 22.

The company shared its recurring losses and “significant accumulated deficit” have raised “substantial doubt” in terms of its ability to stay in business.

The evaluation will examine many possibilities, including a sale and possible divestiture.