Company: BTBDW
Filing Date: 2025-11-17
Form Type: 10-Q
Source: 0001477932-25-008407
Chunk: 1

Company: BT Brands, Inc.
Filing Date: 2025-11-17
Form: 10-Q
Item: Part I, Item 1
Chunk 1
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,300 Total liabilities  4,214,101   5,031,570          COMMITMENTS AND CONTINGENCIES                 SHAREHOLDERS' EQUITY         Preferred stock, $.001 par value, 2,000,000 shares authorized, no shares outstanding at September 28, 2025 and December 29, 2024  -   - Common stock, $.002 par value, 50,000,000 authorized, 6,461,118 issued and 6,154,724 outstanding at both September 28, 2025, and December 29, 2024, respectively  12,309   12,309 Less cost of 306,394 common shares held in Treasury at September 28, 2025 and December 29, 2024  (499,718)  (499,718)Additional paid-in capital  11,932,804   11,813,735 Accumulated deficit  (3,720,942)  (4,361,099)Total shareholders' equity  7,724,453   6,965,227 Total liabilities and shareholders' equity $11,938,554  $11,996,797 

See Notes to Condensed Consolidated Financial Statements

 5Table of Contents

BT BRANDS, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED  STATEMENTS OF OPERATIONS

(Unaudited)

  39 Weeks Ended  39 Weeks Ended  13 Weeks Ended  13 Weeks Ended   September 28, 2025  September 29, 2024  September 28, 2025  September 29, 2024 SALES $10,864,445  $11,649,610  $3,853,682  $4,348,824                  COSTS AND EXPENSES                Restaurant operating expenses                Food and paper costs  3,626,168   4,407,101   1,176,619   1,563,073 Labor costs  3,882,608   4,636,598   1,290,108   1,698,150 Occupancy costs  944,699   1,058,029   332