U.S. SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 10-QSB

 X       Quarterly  report under Section 13 or 15(d) of the Securities  Exchange
         Act of 1934 for the quarterly period ended March 29, 1997

         Transition report under Section 13 or 15(d) of the Exchange Act for
         the transition period from         to

Commission file number:  1-9009


                               Tofutti Brands Inc.
--------------------------------------------------------------------------------
        (Exact Name of Small Business Issuer as Specified in Its Charter)

                  Delaware                                13-3094658
                  --------                                ----------
         (State of Incorporation)                      (I.R.S. Employer
                                                      Identification No.)


                  50 Jackson Drive, Cranford, New Jersey 07016
                  --------------------------------------------
                    (Address of Principal Executive Offices)

                                 (908) 272-2400
                                 --------------
                (Issuer's Telephone Number, Including Area Code)


               ---------------------------------------------------
              (Former Name, Former Address and Former Fiscal Year,
                          if Changed Since Last Report)

Check whether the issuer:  (1) filed all reports required to be filed by Section
13 or 15(d) of the  Exchange  Act during the past 12 months (or for such shorter
period that the registrant was required to file such reports),  and (2) has been
subject to such filing requirements for the past 90 days.

Yes  X  No

                      APPLICABLE ONLY TO CORPORATE ISSUERS

         As of May 9, 1997 the Issuer had 6,053,567  shares of Common Stock, par
value $.01, outstanding

         Transitional Small Business Disclosure Format (check one):

                                  Yes    No X

                                        
<PAGE>



                               TOFUTTI BRANDS INC.

                                      INDEX


                                                                        Page
                                                                        ----

Part I - Financial Information:

                  Condensed Balance Sheets - March 29, 1997
                    (Unaudited) and December 28, 1996 (Audited)            3

                  Condensed Statements of Operations -
                    (Unaudited) - Thirteen Week Period ended
                    March 29, 1997 and Thirteen Week Period
                    ended March 30, 1996                                   4

                  Condensed Statements of Cash Flows -
                    (Unaudited) - Thirteen Week Period
                    ended March 29, 1997 and Thirteen Week
                    Period ended March 30, 1997                            5

                  Notes to Condensed Financial Statements -
                    (Unaudited)                                            6

                  Management's Discussion and Analysis of
                    Financial Condition and Results of
                    Operation                                            7-9


Part II - Other Information:

                  Item 4.      Submission of Matters to a Vote
                                  of Shareholders                         10

                  Item 6.      Exhibits and Reports on Form 8-K           10

                  Signatures                                              11



                                        2

<PAGE>



                               TOFUTTI BRANDS INC.
                            Condensed Balance Sheets
                                 (000's omitted)


                                                       March 29,    December 28,
                                                         1997           1996
                                                     (Unaudited)      (Audited)
                                                     -----------      ---------

     Assets

Current assets:
  Cash and cash equivalents                               $   96            11
  Accounts receivable (net of reserve of
    $316 in 1997 and $295 in 1996)                         1,038           977
  Inventories (Note 2)                                       385           351
  Prepaid expenses                                             9            10
                                                           -----         -----
             Total current assets                          1,528         1,349

Deferred taxes                                               311           311

Other assets                                                  76            76
                                                           -----         -----

             Total assets                                 $1,915         1,736
                                                           =====         =====

     Liabilities and Stockholders' Equity

Current liabilities:
  Legal settlement payable - current portion              $   15            15
  Accounts payable                                           538           504
  Accrued liabilities                                        160           115
                                                           -----         -----

              Total current liabilities                      713           634

Long-term debt - legal settlement                             63            66
                                                           -----         -----
              Total liabilities                              776           700

Stockholders' equity:
  Preferred stock                                              -            -
  Common stock                                                 61           61
  Paid-in capital                                           3,503        3,503
  Retained (deficit)                                       (2,425)      (2,528)
                                                           ------       ------

    Total stockholders' equity                              1,139        1,036
                                                           ------       ------

    Total liabilities and stockholders'
      equity                                              $ 1,915        1,736
                                                           ======       ======

            See accompanying notes to condensed financial statements.



                                        3

<PAGE>



                               TOFUTTI BRANDS INC.
                        Condensed Statement of Operations
                                   (Unaudited)
                                 (000's omitted)


                                           Thirteen                Thirteen
                                             weeks                   weeks
                                             ended                   ended
                                          March 29,1997          March 30, 1996
                                          -------------          --------------

Net sales                                 $ 1,524                   1,095
Cost of sales                                 972                     654
                                            -----                   -----

          Gross profit                        552                     441
                                            -----                   -----

Operating expenses:
  Selling                                     173                     160
  Marketing and sales promotion                44                      42
  Research and development                     58                      42
  General and administrative                  170                     180
                                            -----                   -----

                                              445                     424
                                            -----                   -----

     Operating income                         107                      17

Interest expense                                4                       3
                                            -----                   -----
     Income before income
       tax expense                            103                      14

Income tax expense                              -                       1
                                            -----                   -----

Net income                                $   103                      13
                                            =====                   =====

Net income per share                      $   .02                      -
                                            =====                   ====

Weighted average number of
  shares outstanding                        6,054                   6,054
                                            =====                   =====






            See accompanying notes to condensed financial statements.



                                        4

<PAGE>



                               TOFUTTI BRANDS INC.
                       Condensed Statements of Cash Flows
                                   (Unaudited)
                                 (000's omitted)

                                               Thirteen           Thirteen
                                                 weeks              weeks
                                                 ended              ended
                                             March 29, 1997     March 30, 1996
                                             --------------     --------------

Cash flows from operating
  activities, net                             $   85                 2

Cash flows from investing activities              -                  -

Cash flows from financing activities              -                  -
                                                ----               ---
     Net increase (decrease) in
       cash and cash equivalents                  85                 2

Cash at beginning of period                       11                10
                                                ----              ----

Cash at end of period                         $   96                12
                                                ====              ====

Supplemental  disclosures of cash 
  flow information:  
  Cash paid during the period for:
          Interest                            $    4                 3










            See accompanying notes to condensed financial statements.



                                        5

<PAGE>



                               TOFUTTI BRANDS INC.
                     Notes to Condensed Financial Statements
                                   (Unaudited)
                                 (000's omitted)

(1)  Basis of Presentation

     The accompanying financial information is unaudited, but, in the opinion of
     management, reflects all adjustments (which include only normally recurring
     adjustments)  necessary to present fairly the Company's financial position,
     operating  results  and  cash  flows  for the  periods  presented.  Certain
     information  and  footnote   disclosures  normally  included  in  financial
     statements  prepared  in  accordance  with  generally  accepted  accounting
     principles  have  been  condensed  or  omitted  pursuant  to the  rules and
     regulations  of the  Securities  and  Exchange  Commission.  The  financial
     information  should  be read in  conjunction  with  the  audited  financial
     statements  and notes thereto for the year ended December 28, 1996 included
     in the Company's Annual Report on Form 10-KSB filed with the Securities and
     Exchange Commission. The results of operations for the thirteen week period
     ended March 29, 1997 are not  necessarily  indicative  of the results to be
     expected for the full year.

(2)  Inventories

     The composition of inventories is as follows:

                                                   March 29,       Dec. 28,
                                                     1997            1996
                                                     ----            ----
          Raw materials and packaging
            supplies                               $ 125              262
          Finished goods                             259               89
                                                    ----             ----
                                                   $ 384              351
                                                    ====             ====



                                        6

<PAGE>



                               TOFUTTI BRANDS INC.

                Management's Discussion and Analysis of Financial
                       Condition and Results of Operations


The following is  management's  discussion  and analysis of certain  significant
factors  which have  affected the  Company's  financial  position and  operating
results  during the periods  included in the  accompanying  condensed  financial
statements.

The discussion and analysis which follows in this Quarterly  Report and in other
reports and documents of the Company and oral  statements  made on behalf of the
Company by its  management  and  others may  contain  trend  analysis  and other
forward-looking  statements  within the meaning of Section 21E of the Securities
Exchange Act of 1934 which reflect the  Company's  current views with respect to
future events and financial  results.  These  include  statements  regarding the
Company's  earnings,  projected growth and forecasts,  and similar matters which
are not historical facts. The Company reminds  stockholders that forward-looking
statements  are merely  predictions  and  therefore  are  inherently  subject to
uncertainties  and other  factors  which could cause the actual future events or
results  to  differ  materially  from  those  described  in the  forward-looking
statements.  These uncertainties and other factors include,  among other things,
business conditions and growth in the food industry and general economies,  both
domestic and  international;  lower than expected  customer orders;  competitive
factors;   changes  in  product  mix  or  distribution  channels;  and  resource
constraints   encountered  in  developing  new  products.   The  forward-looking
statements contained in this Quarterly Report and made elsewhere by or on behalf
of the Company should be considered in light of these factors.

Results of Operations

Thirteen Weeks Ended March 29, 1997 Compared with Thirteen Weeks
Ended March 30, 1996

Net  sales for the  thirteen  weeks  ended  March 29,  1997 were  $1,524,000  an
increase of $429,000 or 39% from the sales level realized for the thirteen weeks
ended March 30, 1996. In the 1997 period sales of hard pack Tofutti increased by
$306,000,  while food products sales  increased by $123,000.  As a result of the
increase in sales, the Company's gross profit in the current period



                                        7

<PAGE>



increased by $111,000.  However,  the Company's gross profit percentage declined
from 40% in the 1996 period to 36% for the current period. The decrease in gross
profit  percentage  was  principally  due  to  lower  prices  and  higher  costs
associated  with  special  introductory   allowance  programs  relating  to  the
Company's new products.

The Company  anticipates  a  continuing  increase in sales during the second and
third  quarters  of the  current  fiscal  year  due to the  introduction  of new
products  and expanded  distribution.  Such  increase is  dependent  upon market
acceptance of these products, for which no assurance can be given.

Selling expenses  increased  slightly to $173,000 for the current fiscal quarter
compared with $160,000 for the comparable period in 1996 due to the higher sales
level. Marketing and sales promotion remained constant at $44,000 in 1997 versus
$42,000 in 1996.

Research and development  costs,  which consist  principally of salary expenses,
increased  to $58,000 for the  thirteen  weeks ended March 29, 1997  compared to
$42,000  for the  comparable  period in 1996 due to the hiring of an  additional
person and additional  research and  development  expenses  associated  with the
Company's new products.  These  additional  expenses  consist mainly of start-up
costs incurred at new co-packing facilities.

General and  administrative  expenses  decreased  slightly  to $170,000  for the
current quarter compared with $180,000 for the comparable period in 1996.

Interest expense was $4,000 for the current quarter, versus $3,000 last year.

Liquidity and Capital Resources

At March 29, 1997, the Company's  working  capital was $815,000,  an increase of
$100,000  from  December  28,  1996.  At the end of the  thirteen  week  period,
accounts  receivable  increased  by $61,000  from  December  28, 1996 due to the
higher sales level.  Inventories  increased by $34,000 reflecting an increase in
finished goods inventory at outside warehouses, while prepaid expenses decreased
by $1,000. Other assets and deferred taxes were unchanged from December 28, 1996
at $311,000 for both periods. Accounts payable and accrued liabilities increased
by $34,000 and  $45,000,  respectively.  The Company  does not have any material
capital commitments.




                                        8

<PAGE>



As a result of the Company's inability to secure additional  financing or equity
capital, it has not had sufficient funds to fully implement the marketing of its
new products. This has hindered the Company in its efforts to increase the sales
of its  products.  The Company  continues  to fund its  operations  from current
resources.  Based on recent  sales  trends and the planned  introduction  of new
products  in the second and third  quarters of this year,  the Company  believes
that its revenues  will improve in 1997.  Management  believes that it will have
sufficient  financial  resources to continue its  operations  through the coming
year.



                                        9

<PAGE>



                           PART II - OTHER INFORMATION

                               TOFUTTI BRANDS INC.


Item 4. Submission of Matters to a Vote of Shareholders

          None.

Item 6. Exhibits and Reports on Form 8-K

(a)  Exhibits

3.1*        Certificate of Incorporation, as amended through February
            1986.

3.1.1**     March 1986 Amendment to Certificate of Incorporation

3.2*        By-laws

4.1***      Copy of the Company's 1993 Stock Option Plan

10.1****    Copy of Legal Settlement between the Company and the NEMP
            Corporation

(b)  Reports on Form 8-K filed during the last quarter of the period  covered by
     this report:

         None

---------------

*    Filed as an exhibit to the Registrant's Form 10-K for the fiscal year ended
     July 31, 1985 and hereby incorporated by reference thereto.

**   Filed as an exhibit to the Registrant's Form 10-K for the fiscal year ended
     August 2, 1986 and hereby incorporated by reference thereto.

***  Filed as an exhibit to the Company's  Form 10-KSB for the fiscal year ended
     January 1, 1994 and hereby incorporated by reference thereto.

**** Filed as an exhibit to the Registrant's Form 10-K for the fiscal year ended
     December 28, 1991 and hereby incorporated by reference thereto.




                                       10

<PAGE>


                                   SIGNATURES

Pursuant to the  requirements of Section 13 or 15(d) of the Securities  Exchange
Act of 1934,  the  Registrant  has duly  caused  this Report to be signed on its
behalf by the undersigned, thereunto duly authorized.

                                            TOFUTTI BRANDS INC.
                                               (Registrant)



                                            /s/David Mintz
                                            --------------
                                               David Mintz
                                               President



                                            /s/Steven Kass
                                            --------------
                                               Steven Kass
                                               Chief Financial Officer

Date: May 12, 1997



                                       11