Company: BTBDW
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001477932-25-002248
Chunk: 520

Company: BT Brands, Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 6
Chunk 520
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-   (887,368)Balances, December 31, 2023  6,246,118  $12,492  $11,583,235  $(2,049,891) $(357,107) $9,188,729                          Stock-based compensation  -   -   230,500   -   -   230,500 Treasury stock purchases  91,394   (183)   -   -   (142,611)  (142,794)Net loss  -   -   -   (2,311,208)  -   (2,311,208)Balances, December 29, 2024  6,337,512  $12,309  $11,813,735  $(4,361,099) $(499,718) $6,965,227 

See Notes to Consolidated Financial Statements

 F-4Table of Contents

BT BRANDS, INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CASH FLOWS

  52 Weeks ended,   December 29, 2024  December 31, 2023 CASH FLOWS FROM OPERATING ACTIVITIES      Net Loss $(2,311,208) $(887,368)Adjustments to reconcile net loss to net cash used in operating activities-        Depreciation and amortization  742,860   598,540 Amortization of debt issuance premium included in interest expense  5,400   5,400 Deferred taxes  206,000   (145,000)Stock-based compensation  230,500   174,000 Unrealized loss (gain) on marketable securities  93,458   (80,139)Investment gains  (143,340)  (23,058)Loss on equity method investment  415,085   346,380 Charge for impairment of restaurant assets  371,872     Gain on sale of assets  (250,000)  (310,182)Loss on disposal of assets  90,087   - Non-cash operating lease expense  21,096   12,849 Property