Company: BRID
Filing Date: 2025-08-22
Form Type: 10-Q
Source: 0001493152-25-012266
Chunk: 6

Company: BRIDGFORD FOODS CORP
Filing Date: 2025-08-22
Form: 10-Q
Item: Part I, Item 1
Chunk 6
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and cash equivalents totaled $3,403 as of July 11, 2025, all of which were held at Wells Fargo Bank N.A., except for $118 with Bank of
America. Cash and cash equivalents totaled $10,230 as of November 1, 2024, all of which were held at Wells Fargo Bank N.A, except for
$1,000 with Bank of America.

Comprehensive
income or loss

Comprehensive
income or loss consists of net loss and additional minimum pension liability adjustments. There were no differences between net loss
and comprehensive loss during each of the twelve and thirty-six weeks ended July 11, 2025, and July 12, 2024, respectively.

Customer
Concentration > 20% of AR or >10% of Sales

The
table below shows customers that accounted for more than 20% of consolidated accounts receivable (“AR”) or 10% of consolidated
sales for the thirty-six weeks ended July 11, 2025, and July 12, 2024, respectively.

 Schedule of Customer Concentration

    Walmart  
    Dollar
    General 

    Sales  
    AR  
    Sales  
    AR 
  
    July 11, 2025 
     31.4% 
     21.6% 
     14.2% 
     26.4%
  
    July 12, 2024 
     27.0% 
     27.1% 
     14.8% 
     22.7%

The
table below shows customers that accounted for more than 20% of consolidated AR or 10% of consolidated sales for the twelve weeks ended
July 11, 2025, and July 12, 2024, respectively.

    Walmart  
    Dollar
    General 

    Sales  
    AR  
    Sales  
    AR 
  
    July 11, 2025 
     34.8% 
     21.6% 
     14.5% 
     26.4%
  
    July 12, 2024 
     24.1% 
     27.1% 
     15.3% 
     22.7%

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Revenue
recognition

Revenues
are recognized in accordance with Accounting Standards Codification (“ASC”) Topic 606 – Revenue from Contracts with