TOFUTTI BRANDS INC
For the period ended Dec 28, 2024. Filed Mar 28, 2025.
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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.
FY2024 · Filed Mar 28, 2025
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Statements of Operations
(In thousands, except for per share data)
| Fiscal year ended December 28, 2024 | Fiscal year ended December 30, 2023 | |
|---|---|---|
| Net sales | $8,820 | $10,068 |
| Cost of sales | 6,569 | 7,271 |
| Gross profit | 2,251 | 2,797 |
| Operating expenses: | ||
| Selling and warehousing | 869 | 1,054 |
| Marketing | 416 | 424 |
| Product development costs | 132 | 166 |
| General and administrative | 1,441 | 1,391 |
| Total operating expenses | 2,858 | 3,035 |
| Loss from operations and before interest expense and income taxes | (607) | (238) |
| Interest expense | 2 | 2 |
| Loss before provision for income taxes | (609) | (240) |
| Income taxes | 251 | 126 |
| Net loss | $(860) | $(366) |
| Weighted average common shares outstanding: | ||
| Basic | 5,154 | 5,154 |
| Diluted | 5,154 | 5,154 |
| Net loss per common share: | ||
| Basic | $(0.17) | $(0.07) |
| Diluted | $(0.17) | $(0.07) |
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