Company: BRID
Filing Date: 2025-03-07
Form Type: 10-Q
Source: 0001493152-25-009592
Chunk: 4

Company: BRIDGFORD FOODS CORP
Filing Date: 2025-03-07
Form: 10-Q
Item: Part I, Item 1
Chunk 4
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 on accounts receivable 
     357  
     (7)
  
    Decrease in promotional allowances 
     4  
     891 
  
    Gain on sale of property, plant, and equipment 
     (16) 
     - 

    Changes in operating assets and liabilities: 

    Accounts receivable, net 
     1,455  
     (2,329)
  
    Inventories, net 
     (2,914) 
     1,298 
  
    Prepaid expenses and other current assets 
     (1,760) 
     (1,953)
  
    Refundable income taxes 
     774  
     502 
  
    Other non-current assets 
     (490) 
     (903)
  
    Accounts payable 
     (1,641) 
     1,402 
  
    Accrued payroll, advertising, and other expenses 
     735  
     (1,109)
  
    Other current liabilities 
     (809) 
     75 
  
    Other non-current liabilities 
     (708) 
     (1,350)

    Net cash used in operating activities 
     (4,604) 
     (703)

    Cash flows from investing activities: 

    Proceeds from sale of property, plant, and equipment 
     6  
     - 
  
    Additions to property, plant, and equipment 
     (531) 
     (1,860)

    Net cash used in investing activities 
     (525) 
     (1,860)

    Cash flows from financing activities: 

    Change in lease and right-of-use obligations 
     (264) 
     (327)
  
    Repayments of notes payable - equipment 
     (178) 
     (170)

    Net cash used in financing activities 
     (442) 
     (497)

    Net decrease in cash and cash equivalents 
     (5,571) 
     (3,060)

    Cash and cash equivalents and restricted cash at beginning of period 
     10,230  
     15,708 

    Cash and cash equivalents and restricted cash at end of period 
    $4,659  
    $12,648 

    Supplemental disclosure of cash flow information: 

    Cash paid for income taxes