Company: BTBDW
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001477932-25-002248
Chunk: 313

Company: BT Brands, Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 3
Chunk 313
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 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 tax liability settlement  -   (181,339)Changes in operating assets and liabilities, net of acquisitions -        Receivables  (40,722)  48,211 Inventory  (6,270)  (42,982)Prepaid expenses and other current assets  (80,375)  (9,849)Accounts payable  40,985   106,642 Accrued expenses  (108,933)  129,108 Net cash used in operating activities  (723,505)  (258,787)         CASH FLOWS FROM INVESTING ACTIVITIES        Acquisition of net assets of Schnitzel Haus  (943,000)  - Proceeds from sale of assets  250,000   496,000 Purchase of property and equipment  (494,064)  (488,388)Loans to related company  (120,000)  - Purchase of marketable securities  (2,296,923)  (532,403)Proceeds from the sale of marketable