Company: BTBDW
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001477932-25-002248
Chunk: 521

Company: BT Brands, Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 6
Chunk 521
---
 tax liability settlement  -   (181,339)Changes in operating assets and liabilities, net of acquisitions -        Receivables  (40,722)  48,211 Inventory  (6,270)  (42,982)Prepaid expenses and other current assets  (80,375)  (9,849)Accounts payable  40,985   106,642 Accrued expenses  (108,933)  129,108 Net cash used in operating activities  (723,505)  (258,787)         CASH FLOWS FROM INVESTING ACTIVITIES        Acquisition of net assets of Schnitzel Haus  (943,000)  - Proceeds from sale of assets  250,000   496,000 Purchase of property and equipment  (494,064)  (488,388)Loans to related company  (120,000)  - Purchase of marketable securities  (2,296,923)  (532,403)Proceeds from the sale of marketable securities  1,419,310   5,237,835 Net cash provided (used by) investing activities  (2,184,677)  4,713,044 CASH FLOWS FROM FINANCING ACTIVITIES        Repayment of broker margin loan  (115,899)  (675,471)Principal payment on long-term debt  (182,156)  (378,393)Purchase of treasury shares  (142,794)  (250,525)Net cash used in financing activities  (440,849)  (1,304,389)         CHANGE IN CASH AND CASH EQUIVALENTS  (3,349,031)  3,149,868          CASH AND CASH EQUIVALVENTS, BEGINNING OF PERIOD  5,300,446   2,150,578          CASH AND CASH EQUIVALENTS, END OF PERIOD $1,951,415  $5,300,446          SUPPLEMENTAL DISCLOSURES         Cash paid for interest $93,696  $85,923 Purchase of property and