Tofutti Brands Inc (TOFB) financial statements (2021 and earlier)
Company profile
Business Address |
50 JACKSON DR CRANFORD, NJ 07016 |
State of Incorp. | DE |
Fiscal Year End | December 31 |
SIC | 2024 - Ice Cream and Frozen Desserts (benchmarking) |
More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in thousands)
9/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | |||
---|---|---|---|---|---|---|---|---|---|
ASSETS | |||||||||
Current Assets | |||||||||
Cash, cash equivalents, and short-term investments | 558 | 1,414 | 132 | 55 | 341 | 214 | |||
Cash and cash equivalents | 558 | 1,414 | 132 | 55 | 341 | 214 | |||
Receivables | 2,128 | 1,770 | 2,626 | 1,783 | 1,914 | 1,954 | |||
Inventory, net of allowances, customer advances and progress billings | 1,714 | 1,483 | 1,565 | 1,473 | 1,852 | 1,844 | |||
Inventory | 1,714 | 1,483 | 1,565 | 1,473 | 1,852 | 1,844 | |||
Prepaid expense | 66 | 74 | 71 | 40 | |||||
Deferred costs | 54 | 86 | 100 | 101 | 105 | 138 | |||
Other undisclosed current assets | 82 | 72 | |||||||
Total current assets: | 4,536 | 4,825 | 4,489 | 3,486 | 4,283 | 4,190 | |||
Noncurrent Assets | |||||||||
Property, plant and equipment | 121 | 10 | 15 | 21 | 27 | ||||
Other noncurrent assets | 16 | 16 | 16 | 16 | 16 | 16 | |||
Other undisclosed noncurrent assets | 217 | ||||||||
Total noncurrent assets: | 354 | 26 | 31 | 37 | 43 | 16 | |||
TOTAL ASSETS: | 4,890 | 4,851 | 4,520 | 3,523 | 4,326 | 4,206 | |||
LIABILITIES AND EQUITY | |||||||||
Liabilities | |||||||||
Current Liabilities | |||||||||
Accounts payable and accrued liabilities | 640 | 1,004 | 1,426 | 1,365 | 1,631 | 1,336 | |||
Accounts payable | 368 | 468 | 1,148 | 1,117 | 1,367 | 877 | |||
Accrued liabilities | 272 | 536 | 278 | 248 | 264 | 459 | |||
Debt | 6 | 6 | 5 | 5 | |||||
Deferred revenue and credits | ✕ | ✕ | 94 | 108 | 113 | 114 | 153 | ||
Total current liabilities: | 640 | 1,104 | 1,540 | 1,483 | 1,750 | 1,489 | |||
Noncurrent Liabilities | |||||||||
Long-term debt and lease obligation | 4 | 10 | 16 | 22 | |||||
Long-term debt, excluding current maturities | 4 | 10 | 16 | 22 | |||||
Liabilities, other than long-term debt | 500 | 500 | 500 | ||||||
Due to related parties | 500 | 500 | 500 | ||||||
Total noncurrent liabilities: | 500 | 504 | 510 | 16 | 22 | ||||
Total liabilities: | 1,140 | 1,608 | 2,050 | 1,499 | 1,772 | 1,489 | |||
Stockholders' equity | |||||||||
Stockholders' equity attributable to parent | 3,750 | 3,243 | 2,470 | 2,024 | 2,554 | 2,717 | |||
Common stock | 52 | 52 | 52 | 52 | 52 | 52 | |||
Additional paid in capital | 207 | 207 | 138 | 113 | |||||
Retained earnings | 3,491 | 2,984 | 2,280 | 1,859 | 2,502 | 2,665 | |||
Total stockholders' equity: | 3,750 | 3,243 | 2,470 | 2,024 | 2,554 | 2,717 | |||
TOTAL LIABILITIES AND EQUITY: | 4,890 | 4,851 | 4,520 | 3,523 | 4,326 | 4,206 |
Income statement (P&L) ($ in thousands)
9/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
---|---|---|---|---|---|---|---|---|
Revenues | 13,066 | 14,107 | 14,473 | 13,764 | 14,353 | 14,692 | ||
Revenue, net | ✕ | ✕ | 14,107 | 14,473 | 13,764 | 14,353 | 14,692 | |
Cost of revenue (Cost of Goods and Services Sold) | (8,962) | (9,367) | (9,882) | (10,166) | (11,062) | (11,826) | ||
Other undisclosed gross profit | 959 | 1,099 | ||||||
Gross profit: | 4,104 | 4,740 | 4,591 | 3,598 | 4,250 | 3,965 | ||
Operating expenses | (3,732) | (3,990) | (4,116) | (4,318) | (4,481) | (4,864) | ||
Operating income (loss): | 372 | 750 | 475 | (720) | (231) | (899) | ||
Interest and debt expense | (25) | (26) | (26) | (1) | ||||
Income (loss) from continuing operations before income taxes: | 347 | 724 | 449 | (721) | (231) | (899) | ||
Income tax expense (benefit) | 160 | (20) | (28) | 78 | 68 | (9) | ||
Net income (loss) available to common stockholders, diluted: | 507 | 704 | 421 | (643) | (163) | (908) |
Comprehensive Income ($ in thousands)
9/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
---|---|---|---|---|---|---|---|---|
Net income (loss): | 507 | 704 | 421 | (643) | (163) | (908) | ||
Comprehensive income (loss), net of tax, attributable to parent: | 507 | 704 | 421 | (643) | (163) | (908) |
Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.