Company: BTBDW
Filing Date: 2025-11-17
Form Type: 10-Q
Source: 0001477932-25-008407
Chunk: 50

Company: BT Brands, Inc.
Filing Date: 2025-11-17
Form: 10-Q
Item: Part I, Item 2
Chunk 50
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        Food and paper costs  3,626,168   33.4   4,407,101   37.8 Labor costs  3,882,608   35.7   4,636,598   39.8 Occupancy costs  944,699   8.7   1,058,029   9.1 Other operating expenses  672,866   6.2   653,769   5.6 Depreciation and amortization  452,130   4.2   473,420   4.1 General and administrative  1,160,480   10.7   1,284,871   11.1 (Gain) loss on sale of assets  (242,231 )  (2.2 )  30,205   0.3 Total costs and expenses  10,496,720   96.6   12,543,993   107.7 Income (loss) from operations  367,725   3.4   (894,383 )  (7.7 )UNREALIZED GAIN ON MARKETABLE SECURITIES  500,124   4.6   163,014   1.4 REALIZED INVESTMENT GAIN  312,954   2.9   29,219   0.3 INTEREST AND DIVIDEND INCOME  112,833   1.0   186,892   1.6 INTEREST EXPENSE  (57,489 )  (0.5 )  (72,591 )  (0.6 )IMPAIRMENT OF INVESTMENT IN NGI  (304,000 )  (2.8 )  -   - OTHER INCOME  12,449   0.1   -   - EQUITY IN NET LOSS OF AFFILIATE   (304,439 )  (2.8 )  (291,282 )  (2.4 )INCOME TAX BENEFIT   -   -   144,000   1.2 NET INCOME (LOSS) $640,157   5.9% $(735,131 )