Company: BTBDW
Filing Date: 2025-11-17
Form Type: 10-Q
Source: 0001477932-25-008407
Chunk: 5

Company: BT Brands, Inc.
Filing Date: 2025-11-17
Form: 10-Q
Item: Part I, Item 1
Chunk 5
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 Contents

BT BRANDS, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED  STATEMENTS OF CASH FLOWS

(Unaudited)

  39 Weeks ended,   September 28, 2025  September 29, 2024 CASH FLOWS FROM OPERATING ACTIVITIES      Net income (loss) $640,157  $(735,131)Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities-        Depreciation and amortization  452,130   473,420 Amortization of debt issuance costs included in interest expense  2,700   4,050 Deferred taxes  -   (144,000)Stock-based compensation  119,069   165,000 Unrealized gain on marketable securities  (500,124)  (163,014)Realized investment gain  (312,954)  (29,219)Loss on equity method investment  304,439   291,282 Loss (gain) on sale of assets  (122,231)  30,205 Impairment charge of investment in related company  304,000   - Non-cash operating lease expense, net  32,876   17,247 Changes in operating assets and liabilities, net of acquisitions -        Receivables  18,629   (20,653)Inventory  48,474   (22,866)Prepaid expenses and other current assets  17,411   (33,696)Other assets  16,401   - Accounts payable  (411,585)  33,721 Accrued expenses  (206,592)  (63,448)Net cash provided by (used in) in operating activities  402,800   (197,102)         CASH FLOWS FROM INVESTING ACTIVITIES        Acquisition of net assets of Schnitzel Haus  -   (943,000)Purchase of property and equipment  (187,766)  (220,033)Proceeds from sale of assets  550,231   - Loans to related company  (624,858)  (120,000)Purchase of