Company: BTBDW
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001477932-25-002248
Chunk: 443

Company: BT Brands, Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 5
Chunk 443
---
        Restaurant operating expenses                Food and paper costs  5,605,579   37.8   5,597,167   39.8 Labor costs  6,128,574   41.3   5,458,351   38.8 Occupancy costs  1,403,204   9.5   1,312,717   9.3 Other operating expenses  962,287   6.5   841,894   6.0 Depreciation and amortization  742,860   5.0   598,540   4.3 Impairment of assets  371,872   2.5   —     General and administrative  1,691,404   11.4   1,650,755   11.7 Gain on sale of asset  (250,000 )  (1.7 )  (310,182 )  (2.2 )Total costs and expenses  16,655,780   112.3   15,149,242   107.6 Loss from operations  (1,832,308 )  (12.3 )  (1,072,589 )  (7.6 )UNREALIZED GAIN (LOSS) ON MARKETABLE SECURITIES  (93,458 )  (.6 )  80,139   .6 REALIZED GAIN ON MARKETABLE SECURITIES  143,340   1.0   23,058   .2 INTEREST EXPENSE  (99,906 )  (.7 )  (97,608 )  (.7 )INTEREST AND DIVIDEND INCOME  178,279   1.2   300,923   2.1 OTHER INCOME  13,930   .1   80,790   (.6 )EQUITY IN LOSS OF AFFILIATE  (415,085 )  (2.8 )  (347,081 )  (2.5 )INCOME TAX (EXPENSE) BENEFIT  (206,000 )  (1.4 )  145,000   1.0 NET LOSS $(2