# EDGAR Filing Document

**Accession Number:** 0000730349
**File Stem:** 0001641172-25-024597
**Filing Date:** 2025-8
**Character Count:** 12185
**Document Hash:** e88ab43e63e3e9b8d1bd92b9211788de
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001641172-25-024597.hdr.sgml**: 20250818

**ACCESSION NUMBER**: 0001641172-25-024597

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 13

**CONFORMED PERIOD OF REPORT**: 20250818

**ITEM INFORMATION**: Results of Operations and Financial Condition

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20250818

**DATE AS OF CHANGE**: 20250818

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** TOFUTTI BRANDS INC
- **CENTRAL INDEX KEY:** 0000730349
- **STANDARD INDUSTRIAL CLASSIFICATION:** ICE CREAM & FROZEN DESSERTS [2024]
- **ORGANIZATION NAME:** 04 Manufacturing
- **EIN:** 133094658
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1227

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-09009
- **FILM NUMBER:** 251227741

**BUSINESS ADDRESS:**
- **STREET 1:** 105 NEWFIELD AVENUE
- **STREET 2:** SUITE H
- **CITY:** EDISON
- **STATE:** NJ
- **ZIP:** 08837
- **BUSINESS PHONE:** 9082722400

**MAIL ADDRESS:**
- **STREET 1:** 105 NEWFIELD AVE
- **STREET 2:** SUITE H
- **CITY:** EDISON
- **STATE:** NJ
- **ZIP:** 08837

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** TOFU TIME INC
- **DATE OF NAME CHANGE:** 19860619

?xml version='1.0' encoding='ASCII'?

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 8-K**

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

August 18, 2025

Date of Report

(Date of earliest event reported)

**TOFUTTI BRANDS INC.**

(Exact name of registrant as specified in its charter)

<u>Delaware</u> <u>001-09009</u> <u>13-3094658</u> <br> (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.)

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| |
|:---|
| 50 Jackson Drive Cranford, New Jersey 07016 |
| (Address of principal executive offices and zip code) |
| (908)272-2400 |
| (Registrant's telephone number, including area code) |
| Not Applicable |
| (Former name or former address, if changed since last report) |

---

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (*see* General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(g) of the Act:

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| | | |
|:---|:---|:---|
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
| Common Stock, par value $0.01 per share | TOFB |  |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

**ITEM 2.02 RESULTS OF OPERATIONS AND FINANCIAL CONDITION.**

On August 18, 2025, the Registrant reported its results of operations for the thirteen and twenty-six weeks ended June 28, 2025 and June 29, 2024. A copy of the press release issued by the Registrant in this connection is furnished herewith as Exhibit 99.1.

The information in this Item in this Current Report on Form 8-K and Exhibit 99.1 attached hereto are being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 (the "Exchange Act") or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, regardless of any general incorporation language in such filing.

**ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) Exhibits

Exhibit 99.1 [Press Release dated August 18, 2025](ex99-1.htm) <br>104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURE

Pursuant to the requirements 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.

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| | | |
|:---|:---|:---|
| Date: August 18, 2025 | TOFUTTI BRANDS INC. | TOFUTTI BRANDS INC. |
|  | (Registrant) | (Registrant) |
|  | By: | */s/ Steven Kass* |
|  |  | Steven Kass |
|  |  | Chief Executive and Financial Officer |

---

## Exhibit 99.1

**Exhibit 99.1**

August 18, 2025

 ****

***Tofutti Press Release***

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| | |
|:---|:---|
| Company Contact: | Steve Kass |
|  | Chief Executive and Financial Officer |
|  | (908) 272-2400 |
|  | (908) 272-9492 (Fax) |

---

**TOFUTTI ANNOUNCES RESULTS FOR THE thirteen and TWENTY-SIX WEEKS ENDED JUNE 28, 2025**

Edison, New Jersey — August 18, 2025 — TOFUTTI BRANDS INC. (OTCQB Symbol: TOFB) issued its results for the thirteen and twenty-six weeks ended June 28, 2025 and June 29, 2024 today.

Our gross profit decreased to $618,000 for the thirteen weeks ended June 28, 2025 from $667,000 for the thirteen weeks ended June 29, 2024, due primarily due to the reduction of sales from the prior year period. Our gross profit percentage increased slightly to 30% for the thirteen weeks ending June 28, 2025 compared to 29% for the thirteen weeks ending June 29, 2024.

Our gross profit increased to $1,207,000 for the twenty-six weeks ended June 28, 2025 by $71,000 from $1,136,000 for the twenty-six weeks ended June 29, 2024, due principally to significant price increases we implemented at the end of 2024. Our gross profit percentage was 33% for the twenty-six weeks ending June 28, 2025 compared to 25% for the twenty-six weeks ending June 29, 2024. There were ingredient and packaging cost increases that took place in the first twenty-six weeks of 2024 that negatively impacted the gross profit in the 2024 period that were not present in the first two quarters of 2025.

The Company reported a net loss of $(7,000) or $(0.00) per share, for the thirteen weeks ended June 28, 2025, compared to a net loss of $(32,000) or $(0.01) per share, for the thirteen weeks ended June 29, 2024. For the twenty-six weeks ended June 28, 2025 and June 29, 2024, the Company reported Net losses of $(169,000) or $(0.03) per share and $(335,000), or $(0.06) per share, respectively.

As of June 28, 2025, we had approximately $350,000 in cash and our working capital was approximately $2,733,000, compared with approximately $462,000 in cash and working capital of $2,893,000 at December 30, 2024. We principally operate our business on the cash flows from our operations and currently have no borrowings.

**About Tofutti Brands Inc.** Founded in 1981, Tofutti Brands Inc. develops and distributes a complete line of plant-based products. The Company sells more than twenty-five (25) dairy-free foods including cheese products and frozen desserts. Tofutti Brands Inc. is a proven innovator in the food industry and has developed a full line of delicious and healthy dairy-free foods. Available throughout the United States and in twelve countries, Tofutti Brands answers the call of millions of people who are allergic or intolerant to dairy or wish to maintain a kosher or vegan diet. Tofutti's product line includes plant-based ice cream pints, cones, Tofutti Cutie® sandwiches and novelty products.

**Forward-Looking Statements.** Some of the statements in this press release concerning the Company's future prospects are forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Actual results may vary significantly based upon a number of factors including, but not limited to business conditions both domestic and international, competition, changes in product mix or distribution channels, resource constraints encountered in promoting and developing new products and other risk factors detailed in the Company's filings with the Securities and Exchange Commission, including its annual report on Form 10-K.

**TOFUTTI BRANDS, INC.**

**Unaudited Condensed Statements of Operations**

**(in thousands, except per share figures)**

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| | | | | |
|:---|:---|:---|:---|:---|
|  | Thirteen <br> weeks ended <br> June 28, 2025 | Thirteen <br> weeks ended <br> June 29, 2024 | Twenty-six <br> weeks ended <br> June 28, 2025 | Twenty-six <br> weeks ended <br> June 29, 2024 |
| Net sales | $2029 | $2283 | $3620 | $4495 |
| Cost of sales | 1411 | 1616 | 2413 | 3359 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gross profit | 618 | 667 | 1207 | 1136 |
| Operating expenses: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Selling and warehouse | 188 | 250 | 405 | 464 |
| &nbsp;&nbsp;&nbsp;Marketing | 89 | 79 | 210 | 213 |
| &nbsp;&nbsp;&nbsp;Research and development | 39 | 22 | 83 | 64 |
| &nbsp;&nbsp;&nbsp;General and administrative | 309 | 342 | 670 | 724 |
|  | 625 | 693 | 1368 | 1465 |
| Loss from operations | (7) | (26) | (161) | (329) |
| Loss before interest expense and income taxes | (7) | (26) | (161) | (329) |
| Interest expense |  | 1 | 1 | 1 |
| Loss before income tax | (7) | (27) | (162) | (330) |
| Income tax expense |  | 5 | 7 | 5 |
| Net loss | $(7) | $(32) | $(169) | $(335) |
| Weighted average common shares outstanding: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Basic | 5154 | 5154 | 5154 | 5154 |
| &nbsp;&nbsp;&nbsp;Diluted | 5154 | 5154 | 5154 | 5154 |
| Loss per common share: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Basic | $(0.00) | $(0.01) | $(0.03) | $(0.06) |
| &nbsp;&nbsp;&nbsp;Diluted | $(0.00) | $(0.01) | $(0.03) | $(0.06) |

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**TOFUTTI BRANDS INC.**

**Unaudited Condensed Balance Sheets**

**(in thousands, except share and per share figures)**

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| | | |
|:---|:---|:---|
|  | **June 28, 2025** | **December 28, 2024** |
| **Assets** |  |  |
| Current assets: |  |  |
| Cash | $350 | $462 |
| &nbsp;&nbsp;&nbsp;Accounts receivable, net of allowance for credit losses and sales promotions of $331 and $389. | 715 | 989 |
| &nbsp;&nbsp;&nbsp;Inventories | 2211 | 1879 |
| &nbsp;&nbsp;&nbsp;Prepaid expenses and other current assets | 91 | 111 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total current | 3367 | 3441 |
| Operating lease right-of-use assets | 307 | 340 |
| Finance lease right-of-use asset | 13 | 21 |
| Other assets | 21 | 21 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total assets | $3708 | $3823 |
| **Liabilities and Stockholders' Equity** |  |  |
| Current liabilities: |  |  |
| &nbsp;&nbsp;&nbsp;Accounts payable | $333 | $257 |
| &nbsp;&nbsp;&nbsp;Accrued expenses | 220 | 211 |
| &nbsp;&nbsp;&nbsp;Operating lease liability, current portion | 67 | 64 |
| &nbsp;&nbsp;&nbsp;Finance lease liability, current portion | 14 | 16 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total current liabilities | 634 | 548 |
| Operating lease liabilities, net of current portion | 257 | 283 |
| Finance lease liability, net of current portion |  | 6 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total liabilities | 891 | 837 |
| Stockholders' equity: |  |  |
| &nbsp;&nbsp;&nbsp;Preferred stock - par value $.01 per share; authorized 100,000 shares, none issued and outstanding |  |  |
| &nbsp;&nbsp;&nbsp;Common stock - par value $.01 per share; authorized 15,000,000 shares, 5,153,706 shares issued and outstanding | 52 | 52 |
| &nbsp;&nbsp;&nbsp;Additional paid-in capital | 377 | 377 |
| &nbsp;&nbsp;&nbsp;Retained earnings | 2388 | 2557 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total stockholders' equity | 2817 | 2986 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total liabilities and stockholders' equity | $3708 | $3823 |

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