BT Brands, Inc.
For the period ended Mar 30, 2026. Filed Apr 3, 2026.
View on SEC.govAbout this filing
A notice of a major event between regular reports, such as results, a deal or a change of executives. It is often the first formal record of the news.
Mar 30, 2026 · Filed Apr 3, 2026
Use the contents to explore the available documents and sections.
Contents
EX-99.1 · 2025 Highlights and recent developments include:
2025 Highlights and recent developments include:
| · | Restaurant-level EBITDA increased 138% to $1.7 million from $723,828 in 2024. |
| · | Operating loss improved approximately 80% to $(364,585) from $(1.8) million in 2024. |
| · | Net loss improved to $(687,839), or $(0.11) per share, compared to $(2.3) million, or $(0.37) per share, in 2024. |
| · | The Company ended the year with approximately $4.4 million in cash and marketable securities. |
| · | The Company recorded a $216,248 charge to reduce NGI bottled water inventory to estimated net realizable value. |
| · | BT Brands continues to advance its proposed merger with Aero Velocity, Inc. |
During 2025, the Company improved performance through the closure of underperforming locations, tighter labor and food cost controls, and continued focus on operating efficiency with notable success at Burger Time and Pie In The Sky. These actions resulted in overall improved restaurant-level margins and a substantially lower operating loss despite lower revenue.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.