TOFUTTI BRANDS INC

For the period ended Dec 30, 2023. Filed Apr 3, 2024.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2023 · Filed Apr 3, 2024

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Contents

Balance Sheets

	December 30, 2023	December 31, 2022
Assets
Current assets:
Cash	$837	$1,072
Accounts receivable, net of allowance for doubtful accounts and sales promotions of $525 and $495, respectively	828	1,305
Inventories	2,475	2,463
Prepaid expenses and other current assets	93	80
Total current assets	4,233	4,920
Operating lease right-of-use assets	81	158
Finance lease right-of-use asset	36	53
Deferred tax assets	246	367
Other assets	19	19
Total assets	$4,615	$5,517
Liabilities and Stockholders’ Equity
Current liabilities:
Income taxes payable	-	41
Accounts payable	237	684
Accrued expenses	541	555
Financing lease liability, current portion	15	15
Total current liabilities	793	1,295
Operating lease liabilities, net of current portion	7	85
Finance lease liability, net of current portion	23	39
Total liabilities	823	1,419
Stockholders’ equity:
Preferred stock – par value $.01 per share; authorized 100,000 shares, none issued and outstanding	-	-
Common stock – par value $.01 per share; authorized 15,000,000 shares, 5,153,706 shares issued and outstanding	52	52
Additional paid-in capital	323	263
Retained earnings	3,417	3,783
Total stockholders’ equity	3,792	4,098
Total liabilities and stockholders’ equity	$4,615	$5,517

See accompanying notes to financial statements

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.