Company: BTBDW
Filing Date: 2025-11-17
Form Type: 10-Q
Source: 0001477932-25-008407
Chunk: 6

Company: BT Brands, Inc.
Filing Date: 2025-11-17
Form: 10-Q
Item: Part I, Item 1
Chunk 6
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 marketable securities  (3,625,712)  (626,685)Proceeds from the sale of marketable securities  3,296,503   241,014 Purchase of water bottle inventory  (339,511)  - Net cash provided by (used in) investing activities  (931,113)  (1,668,704)CASH FLOWS FROM FINANCING ACTIVITIES        Payment on margin loan to finance purchase of marketable securities  -   (99,482)Principal payment on long-term debt  (145,364)  (135,932)Purchase of treasury stock  -   (113,884)Net cash used in financing activities  (145,364)  (349,298)         CHANGE IN CASH AND CASH EQUIVALENTS  (673,677)  (2,215,104)CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD  1,951,415   5,300,446 CASH AND CASH EQUIVALENTS, END OF PERIOD $1,277,738  $3,085,342          SUPPLEMENTAL DISCLOSURES         Cash paid for interest $54,789  $68,541 

See Notes to Condensed Consolidated Financial Statements

 8Table of Contents

BT BRANDS, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The accompanying unaudited condensed consolidated financial statements include the accounts of BT Brands, Inc. and its subsidiaries (the “Company,” “we,” “our,” “us,” “BT Brands,” or “BT”) and have been prepared in accordance with the US generally accepted accounting principles (“GAAP”) for interim financial information and with the instructions to Securities and Exchange Commission (“SEC”) requirements for Form 10-Q and Article 10 of Regulation S-X. All intercompany accounts and transactions have been eliminated in consolidation. The consolidated financial statements have been prepared on a basis consistent in all material respects with the accounting policies for the fiscal year ending December 29, 2024. In our opinion, all regular and recurring adjustments necessary for a fair presentation of our financial position and results