2023 Q2 Form 10-K Financial Statement

#000147793223002705 Filed on April 18, 2023

View on sec.gov

Income Statement

Concept 2023 Q2 2023 Q1 2023
Revenue $3.071M $2.979M $12.60M
YoY Change 48.12% 61.27% 49.09%
Cost Of Revenue $2.493M $2.220M $8.981M
YoY Change 87.55% 71.57% 58.43%
Gross Profit $577.7K $758.7K $3.620M
YoY Change -22.34% 37.18% 30.08%
Gross Profit Margin 18.81% 25.47% 28.73%
Selling, General & Admin $783.0K $942.1K $2.782M
YoY Change 68.14% 156.88% 153.25%
% of Gross Profit 135.54% 124.18% 76.84%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $163.5K $142.5K $449.0K
YoY Change 137.3% 136.53% 91.87%
% of Gross Profit 28.3% 18.78% 12.4%
Operating Expenses $1.142M $1.244M $4.011M
YoY Change 74.38% 129.54% 122.57%
Operating Profit -$250.8K -$484.9K -$391.2K
YoY Change -382.0% -4391.42% -139.89%
Interest Expense $25.53K $52.82K $114.8K
YoY Change -9.68% -551.07% -33.61%
% of Operating Profit
Other Income/Expense, Net -$80.65K -$80.65K
YoY Change
Pretax Income -$171.8K -$512.8K -$742.3K
YoY Change -383.24% 121983.33% -191.88%
Income Tax -$30.00K -$175.0K -$180.0K
% Of Pretax Income
Net Earnings -$141.8K -$337.8K -$562.3K
YoY Change -432.44% -1474.08% -192.5%
Net Earnings / Revenue -4.62% -11.34% -4.46%
Basic Earnings Per Share
Diluted Earnings Per Share -$0.02 -$0.05 -$0.09
COMMON SHARES
Basic Shares Outstanding 6.396M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2023 Q2 2023 Q1 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $6.873M $8.145M $8.145M
YoY Change -39.33% -34.24% -34.24%
Cash & Equivalents $5.494M $2.151M
Short-Term Investments $1.378M $5.994M $5.994M
Other Short-Term Assets $323.2K $483.9K $483.9K
YoY Change 532.3% 1679.77% 1679.77%
Inventory $173.0K $158.4K $158.4K
Prepaid Expenses
Receivables $14.60K $76.95K $76.95K
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $7.384M $8.864M $8.864M
YoY Change -35.75% -29.45% -29.45%
LONG-TERM ASSETS
Property, Plant & Equipment $3.259M $3.295M $5.299M
YoY Change 35.13% 106.91% 232.8%
Goodwill $671.2K $671.2K
YoY Change 235.61%
Intangibles $454.0K
YoY Change
Long-Term Investments $1.315M $1.369M $1.369M
YoY Change 332.5% 1725.59% 1725.59%
Other Assets $141.5K $111.9K $111.9K
YoY Change -63.75% -59.13% -59.13%
Total Long-Term Assets $7.772M $7.906M $7.906M
YoY Change 98.18% 307.26% 307.26%
TOTAL ASSETS
Total Short-Term Assets $7.384M $8.864M $8.864M
Total Long-Term Assets $7.772M $7.906M $7.906M
Total Assets $15.16M $16.77M $16.77M
YoY Change -1.68% 15.61% 15.61%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $400.7K $448.6K $448.6K
YoY Change -0.65% 53.65% 53.65%
Accrued Expenses $410.1K $532.5K $726.0K
YoY Change 13.89% 109.37% 185.43%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $791.4K $791.4K
YoY Change
Long-Term Debt Due $166.2K $167.6K $167.6K
YoY Change -2.99% -1.35% -1.35%
Total Short-Term Liabilities $1.170M $2.134M $2.134M
YoY Change 0.22% 130.58% 130.58%
LONG-TERM LIABILITIES
Long-Term Debt $2.417M $2.658M $2.658M
YoY Change -13.4% -6.16% -6.16%
Other Long-Term Liabilities $1.772M $1.825M $1.825M
YoY Change 204.32% -6083633.33% -6083633.33%
Total Long-Term Liabilities $2.417M $2.658M $4.484M
YoY Change -13.4% -6.16% 58.26%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.170M $2.134M $2.134M
Total Long-Term Liabilities $2.417M $2.658M $4.484M
Total Liabilities $5.359M $6.617M $6.617M
YoY Change 15.62% 70.66% 70.66%
SHAREHOLDERS EQUITY
Retained Earnings -$1.304M -$1.163M
YoY Change 93.68%
Common Stock $12.49K $12.79K
YoY Change -0.8%
Preferred Stock
YoY Change
Treasury Stock (at cost) $356.8K $106.9K
YoY Change
Treasury Stock Shares
Shareholders Equity $9.797M $10.15M $10.15M
YoY Change
Total Liabilities & Shareholders Equity $15.16M $16.77M $16.77M
YoY Change -1.68% 15.61% 15.61%

Cashflow Statement

Concept 2023 Q2 2023 Q1 2023
OPERATING ACTIVITIES
Net Income -$141.8K -$337.8K -$562.3K
YoY Change -432.44% -1474.08% -192.5%
Depreciation, Depletion And Amortization $163.5K $142.5K $449.0K
YoY Change 137.3% 136.53% 91.87%
Cash From Operating Activities -$474.3K -$272.7K $211.8K
YoY Change -240.57% 132.34% -73.98%
INVESTING ACTIVITIES
Capital Expenditures $107.0K $128.7K $478.4K
YoY Change 952.9% -205.37% 130.09%
Acquisitions $0.00 $1.150M
YoY Change -100.0%
Other Investing Activities $5.211M -$5.255M -$8.250M
YoY Change -1098.56%
Cash From Investing Activities $5.104M -$5.384M -$11.04M
YoY Change -403.44% 4309.49% 5208.55%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change
Debt Paid & Issued, Net $244.3K $168.5K
YoY Change 478.4% -94.89%
Cash From Financing Activities -$1.286M 641.6K $590.7K
YoY Change -4040.95% -93.92% -94.35%
NET CHANGE
Cash From Operating Activities -$474.3K -272.7K $211.8K
Cash From Investing Activities $5.104M -5.384M -$11.04M
Cash From Financing Activities -$1.286M 641.6K $590.7K
Net Change In Cash $3.344M -5.015M -$10.24M
YoY Change -354.87% -148.66% -192.5%
FREE CASH FLOW
Cash From Operating Activities -$474.3K -$272.7K $211.8K
Capital Expenditures $107.0K $128.7K $478.4K
Free Cash Flow -$581.3K -$401.4K -$266.6K
YoY Change -277.64% -8585.41% -143.99%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2023 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
780564 usd
CY2022 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
416791 usd
CY2023 dei Entity Central Index Key
EntityCentralIndexKey
0001718224
CY2023 dei Amendment Flag
AmendmentFlag
false
CY2023 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--01-01
CY2023 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2023 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
CY2022Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2022Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
2000000 shares
CY2023Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2022Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2022Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2023Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2022Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.002
CY2022Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
50000000 shares
CY2022Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
6447506 shares
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
2000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
2000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
2000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
2000 usd
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
CY2021Q4 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
0.01
CY2023 dei Document Type
DocumentType
10-K
CY2023 dei Document Annual Report
DocumentAnnualReport
true
CY2023 dei Document Period End Date
DocumentPeriodEndDate
2023-01-01
CY2023 dei Document Transition Report
DocumentTransitionReport
false
CY2023 dei Entity File Number
EntityFileNumber
333-233233
CY2023 dei Entity Registrant Name
EntityRegistrantName
BT BRANDS, INC.
CY2023 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
WY
CY2023 dei Entity Tax Identification Number
EntityTaxIdentificationNumber
90-1495764
CY2023 dei Entity Address Address Line1
EntityAddressAddressLine1
405 Main Avenue West
CY2023 dei Entity Address Address Line2
EntityAddressAddressLine2
Suite 2D
CY2023 dei Entity Address City Or Town
EntityAddressCityOrTown
West Fargo
CY2023 dei Entity Address State Or Province
EntityAddressStateOrProvince
ND
CY2023 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
58078
CY2023 dei Security12b Title
Security12bTitle
Common Stock, $0.002 par value
CY2023 dei Trading Symbol
TradingSymbol
BTBD
CY2023 dei Security Exchange Name
SecurityExchangeName
NASDAQ
CY2023 dei City Area Code
CityAreaCode
307
CY2023 dei Local Phone Number
LocalPhoneNumber
274-3055
CY2023 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
No
CY2023 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2023 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2023 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2023 dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
CY2023 dei Entity Small Business
EntitySmallBusiness
true
CY2023 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
true
CY2023 dei Entity Ex Transition Period
EntityExTransitionPeriod
false
CY2023 dei Entity Shell Company
EntityShellCompany
false
CY2022Q3 dei Entity Public Float
EntityPublicFloat
10661634 usd
CY2023Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
6396118 shares
CY2023 dei Auditor Name
AuditorName
Boulay PLLP
CY2023 dei Auditor Location
AuditorLocation
Minneapolis, Minnesota
CY2023 dei Auditor Firm
AuditorFirmId
542
CY2022Q1 us-gaap Assets
Assets
14505727 usd
CY2023Q1 us-gaap Taxes Payable Current
TaxesPayableCurrent
0 usd
CY2022Q1 us-gaap Taxes Payable Current
TaxesPayableCurrent
209088 usd
CY2023Q1 us-gaap Liabilities Current
LiabilitiesCurrent
2133541 usd
CY2022Q1 us-gaap Liabilities Current
LiabilitiesCurrent
925310 usd
CY2023Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2658477 usd
CY2022Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2833064 usd
CY2023Q1 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
0 usd
CY2022Q1 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
119000 usd
CY2023Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
1825057 usd
CY2022Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
0 usd
CY2023Q1 us-gaap Liabilities
Liabilities
6617075 usd
CY2022Q1 us-gaap Liabilities
Liabilities
3877374 usd
CY2023Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2023Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
2000000 shares
CY2023Q1 us-gaap Preferred Stock Value
PreferredStockValue
0 usd
CY2022Q1 us-gaap Preferred Stock Value
PreferredStockValue
0 usd
CY2023Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.002
CY2023Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
50000000 shares
CY2023Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
6461118 shares
CY2023Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
6396118 shares
CY2022Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
6447506 shares
CY2023Q1 us-gaap Common Stock Value
CommonStockValue
12792 usd
CY2022Q1 us-gaap Common Stock Value
CommonStockValue
12895 usd
CY2023Q1 us-gaap Treasury Stock Value
TreasuryStockValue
106882 usd
CY2022Q1 us-gaap Treasury Stock Value
TreasuryStockValue
0 usd
CY2023Q1 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
11409235 usd
CY2022Q1 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
11215696 usd
CY2023Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-1162523 usd
CY2022Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-600238 usd
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
10152622 usd
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
10628353 usd
CY2023Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
16769697 usd
CY2022Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
14505727 usd
CY2023 us-gaap Revenues
Revenues
12601169 usd
CY2022 us-gaap Revenues
Revenues
8451870 usd
CY2023 btbd Food And Paper Costs
FoodAndPaperCosts
4854321 usd
CY2022 btbd Food And Paper Costs
FoodAndPaperCosts
3285752 usd
CY2023 us-gaap Labor And Related Expense
LaborAndRelatedExpense
4126837 usd
CY2022 us-gaap Labor And Related Expense
LaborAndRelatedExpense
2383206 usd
CY2023 btbd Occupancy Costs Expenses
OccupancyCostsExpenses
1147744 usd
CY2022 btbd Occupancy Costs Expenses
OccupancyCostsExpenses
681560 usd
CY2022 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
469822 usd
CY2023 us-gaap Depreciation And Amortization
DepreciationAndAmortization
449038 usd
CY2022 us-gaap Depreciation And Amortization
DepreciationAndAmortization
234027 usd
CY2023 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1633829 usd
CY2022 us-gaap Costs And Expenses
CostsAndExpenses
7471158 usd
CY2022 us-gaap Operating Income Loss
OperatingIncomeLoss
980712 usd
CY2022 us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
0 usd
CY2023 us-gaap Other Interest And Dividend Income
OtherInterestAndDividendIncome
125529 usd
CY2023 us-gaap Interest Expense
InterestExpense
114766 usd
CY2022 us-gaap Interest Expense
InterestExpense
172861 usd
CY2023 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-80649 usd
CY2022 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
0 usd
CY2023 btbd Equity In Net Loss Of Affiliate
EquityInNetLossOfAffiliate
-194813 usd
CY2022 btbd Equity In Net Loss Of Affiliate
EquityInNetLossOfAffiliate
0 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-742285 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
807851 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-180000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
200000 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
-562285 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
607851 usd
CY2023 btbd Earning Per Share Basic And Diluted
EarningPerShareBasicAndDiluted
-0.09
CY2022 btbd Earning Per Share Basic And Diluted
EarningPerShareBasicAndDiluted
0.14
CY2023 btbd Weighted Average Number Of Shares Outstanding Basic And Diluted
WeightedAverageNumberOfSharesOutstandingBasicAndDiluted
6458810 shares
CY2022 btbd Weighted Average Number Of Shares Outstanding Basic And Diluted
WeightedAverageNumberOfSharesOutstandingBasicAndDiluted
4382848 shares
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
-702323 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
607851 usd
CY2022 btbd Common Shares Issued For Fractional Holdings Amount
CommonSharesIssuedForFractionalHoldingsAmount
0 usd
CY2022 us-gaap Stock Issued During Period Value Share Based Compensation Forfeited
StockIssuedDuringPeriodValueShareBasedCompensationForfeited
26250 usd
CY2022 btbd Aggregate Value Of Warrants Purchased By Underwriter
AggregateValueOfWarrantsPurchasedByUnderwriter
363600 usd
CY2022 btbd Issuance Of Shares And Warrants Net Amount
IssuanceOfSharesAndWarrantsNetAmount
10332975 usd
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
10628353 usd
CY2023 us-gaap Stock Issued During Period Value Share Based Compensation Forfeited
StockIssuedDuringPeriodValueShareBasedCompensationForfeited
118700 usd
CY2023 btbd Shares Issued For Exercise Of Warrants Amount
SharesIssuedForExerciseOfWarrantsAmount
74866 usd
CY2023 btbd Treasury Stock Purchase Amount
TreasuryStockPurchaseAmount
-107012 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
-562285 usd
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
10152622 usd
CY2023 us-gaap Profit Loss
ProfitLoss
562285 usd
CY2022 us-gaap Profit Loss
ProfitLoss
-607851 usd
CY2023 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
449038 usd
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
234027 usd
CY2023 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
5400 usd
CY2022 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
56905 usd
CY2023 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-180000 usd
CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
1000 usd
CY2023 btbd Loan Forgiveness
LoanForgiveness
13750 usd
CY2022 btbd Loan Forgiveness
LoanForgiveness
0 usd
CY2023 btbd Share Based Compensations
ShareBasedCompensations
118700 usd
CY2022 btbd Share Based Compensations
ShareBasedCompensations
26250 usd
CY2023 us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
-86422 usd
CY2022 us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
0 usd
CY2023 us-gaap Gain On Sale Of Investments
GainOnSaleOfInvestments
47708 usd
CY2022 us-gaap Gain On Sale Of Investments
GainOnSaleOfInvestments
0 usd
CY2023 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-194813 usd
CY2022 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
0 usd
CY2023 btbd Cash Paid For Leases Excess Of Operating Lease Expense
CashPaidForLeasesExcessOfOperatingLeaseExpense
13814 usd
CY2022 btbd Cash Paid For Leases Excess Of Operating Lease Expense
CashPaidForLeasesExcessOfOperatingLeaseExpense
0 usd
CY2023 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
4697 usd
CY2022 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
53221 usd
CY2023 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
22851 usd
CY2022 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
18934 usd
CY2023 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
10211 usd
CY2022 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
21838 usd
CY2023 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
156632 usd
CY2022 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
37198 usd
CY2023 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
237569 usd
CY2022 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-166393 usd
CY2023 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-209088 usd
CY2022 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
111110 usd
CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
211798 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
813955 usd
CY2023 btbd Acquisition Of Net Assets Of Keegans Seafood Grille
AcquisitionOfNetAssetsOfKeegansSeafoodGrille
1150000 usd
CY2022 btbd Acquisition Of Net Assets Of Keegans Seafood Grille
AcquisitionOfNetAssetsOfKeegansSeafoodGrille
0 usd
CY2023 btbd Acquisition Of Net Assets Of Pie In The Sky Coffee And Bakery
AcquisitionOfNetAssetsOfPieInTheSkyCoffeeAndBakery
1159600 usd
CY2022 btbd Acquisition Of Net Assets Of Pie In The Sky Coffee And Bakery
AcquisitionOfNetAssetsOfPieInTheSkyCoffeeAndBakery
0 usd
CY2023 btbd Acquisition Of Net Assets Of Village Bier Garten
AcquisitionOfNetAssetsOfVillageBierGarten
690000 usd
CY2022 btbd Acquisition Of Net Assets Of Village Bier Garten
AcquisitionOfNetAssetsOfVillageBierGarten
0 usd
CY2023 btbd Investment In Bagger Daves Burger Tavern Inc
InvestmentInBaggerDavesBurgerTavernInc
1259999 usd
CY2022 btbd Investment In Bagger Daves Burger Tavern Inc
InvestmentInBaggerDavesBurgerTavernInc
0 usd
CY2023 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
478396 usd
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
207920 usd
CY2023 btbd Investment In Related Company
InvestmentInRelatedCompany
229000 usd
CY2022 btbd Investment In Related Company
InvestmentInRelatedCompany
0 usd
CY2023 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
25662523 usd
CY2022 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
0 usd
CY2023 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
19629514 usd
CY2022 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
0 usd
CY2023 us-gaap Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
37543 usd
CY2022 us-gaap Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
0 usd
CY2023 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-11037547 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-207920 usd
CY2023 btbd Margin Loan To Finance Purchase Of Marketable Secutities Net Of Payments
MarginLoanToFinancePurchaseOfMarketableSecutitiesNetOfPayments
791370 usd
CY2022 btbd Margin Loan To Finance Purchase Of Marketable Secutities Net Of Payments
MarginLoanToFinancePurchaseOfMarketableSecutitiesNetOfPayments
0 usd
CY2023 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 usd
CY2022 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
10696575 usd
CY2023 us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
74866 usd
CY2022 us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
0 usd
CY2023 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 usd
CY2022 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
3107100 usd
CY2023 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
168529 usd
CY2022 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
3295623 usd
CY2023 us-gaap Payments For Repurchase Of Equity
PaymentsForRepurchaseOfEquity
107012 usd
CY2023 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 usd
CY2022 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
49699 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
590695 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
10458353 usd
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-10235054 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
11064388 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
12385632 usd
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1321244 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2150578 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
12385632 usd
CY2023 us-gaap Interest Paid Net
InterestPaidNet
109366 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
119300 usd
CY2023 btbd Excess Of Fair Value Of Warrants Purchased By Underwriter
ExcessOfFairValueOfWarrantsPurchasedByUnderwriter
0 usd
CY2022 btbd Excess Of Fair Value Of Warrants Purchased By Underwriter
ExcessOfFairValueOfWarrantsPurchasedByUnderwriter
360000 usd
CY2023 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
209088 usd
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
114179 usd
CY2023Q1 btbd Equity Method Investments Ownership Percentage
EquityMethodInvestmentsOwnershipPercentage
1 pure
CY2023 us-gaap Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
313000 usd
CY2023Q2 btbd Common Shares
CommonShares
11095085 shares
CY2023Q2 btbd Equity Method Investments Ownership Percentage
EquityMethodInvestmentsOwnershipPercentage
0.412 pure
CY2023Q2 us-gaap Cash Uninsured Amount
CashUninsuredAmount
1260000 usd
CY2022Q2 btbd Warrant Excercise Price
WarrantExcercisePrice
0.114
CY2023 us-gaap Fiscal Period
FiscalPeriod
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px 0px 0px 0in; text-align:justify;">The Company’s fiscal year is a 52/53-week year, ending on the Sunday closest to December 31. Most years consist of four 13-week accounting periods comprising the 52-week year. Fiscal 2022 was the 52 weeks ending January 1, 2023, and Fiscal 2021 was the 52 weeks ending January 2, 2022, All references to years in this report refer to the fiscal years described above.</p>
CY2022Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
4481853 usd
CY2023 btbd Short Term Investmentpolicytextblock
ShortTermInvestmentpolicytextblock
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px 0px 0px 0in; text-align:justify;">Marketable Securities at January 1, 2023, include $5,000,000 face value of a United States Treasury Bills maturing March 16, 2023, purchased for $4,907,378 in August 2023. At January 1, 2023, the Treasury Bills were planned to be held until maturity and had an amortized cost value of $4,964,395. The amortized cost value approximates fair value.</p>
CY2023Q1 btbd Marketables Securities Current
MarketablesSecuritiesCurrent
5000000 usd
CY2023 btbd Short Term Investment Description
ShortTermInvestmentDescription
Treasury Bills maturing March 16, 2023, purchased for $4,907,378 in August 2023
CY2023Q1 btbd Treasury Bill Amortization Cost
TreasuryBillAmortizationCost
4964395 usd
CY2023Q1 btbd Total Broker Margin Loan
TotalBrokerMarginLoan
791372 usd
CY2023 us-gaap Variable Interest Entity Ownership Percentage
VariableInterestEntityOwnershipPercentage
0.046 pure
CY2023 btbd Unpaid Property Taxes
UnpaidPropertyTaxes
180000 usd
CY2023 btbd Accrued Expense
AccruedExpense
100000 usd
CY2023 btbd Estimated Useful Life Of The Acquired Dairy Queen
EstimatedUsefulLifeOfTheAcquiredDairyQueen
P14Y
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
2000 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
11000 usd
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
9000 usd
CY2022 us-gaap Advertising Expense
AdvertisingExpense
76701 usd
CY2021 us-gaap Advertising Expense
AdvertisingExpense
28934 usd
CY2022Q1 us-gaap Land
Land
485239 usd
CY2023Q1 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
3893274 usd
CY2022Q1 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
2674529 usd
CY2023Q1 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
2402157 usd
CY2022Q1 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
1322085 usd
CY2023Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
6780670 usd
CY2023 btbd Warrant Exercised
WarrantExercised
2746838 shares
CY2023 btbd Warrant Excercise Price
WarrantExcercisePrice
5.50
CY2023 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
102503 usd
CY2023Q1 btbd Stock Warrants Issued To Placement Agent Exercise Price
StockWarrantsIssuedToPlacementAgentExercisePrice
4.00
CY2022 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
16401 usd
CY2022Q1 btbd Stock Warrants Issued To Placement Agent Exercise Price
StockWarrantsIssuedToPlacementAgentExercisePrice
3.30
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px 0px 0px 0in; text-align:justify;">The preparation of consolidated financial statements in conformity with accounting principles accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates, and the differences could be significant.</p>
CY2023Q1 us-gaap Land
Land
485239 usd
CY2023Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
3039500 usd
CY2022Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
2630764 usd
CY2023Q1 btbd Less Property Held For Sale
LessPropertyHeldForSale
-446526 usd
CY2022Q1 btbd Less Property Held For Sale
LessPropertyHeldForSale
-258751 usd
CY2023Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3294644 usd
CY2022Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1592338 usd
CY2023 us-gaap Depreciation
Depreciation
412016 usd
CY2022 us-gaap Depreciation
Depreciation
232261 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
491000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
-37022 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
453978 usd
CY2023 us-gaap Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
P15Y
CY2022 us-gaap Exploration Expense
ExplorationExpense
37022 usd
CY2023Q1 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
281676 usd
CY2023Q1 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
289236 usd
CY2023Q1 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
297909 usd
CY2023Q1 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
306838 usd
CY2023Q1 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
268437 usd
CY2023Q1 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
1039438 usd
CY2023Q1 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
2474570 usd
CY2023Q1 btbd Operating Leases Future Minimum Interest
OperatingLeasesFutureMinimumInterest
-456083 usd
CY2023Q1 btbd Present Value Of Lease Payments
PresentValueOfLeasePayments
2018487 usd
CY2023 us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P6M9D
CY2023 btbd Incremental Borrowing Rate
IncrementalBorrowingRate
0.0436 pure
CY2022 us-gaap Operating Lease Expense
OperatingLeaseExpense
239092 usd
CY2022 us-gaap Short Term Lease Payments
ShortTermLeasePayments
207000 usd
CY2022 us-gaap Variable Lease Cost
VariableLeaseCost
16584 usd
CY2023Q1 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
1400000 usd
CY2023Q1 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
61000 usd
CY2023 btbd Property And Equipment
PropertyAndEquipment
-445000 usd
CY2022 btbd Property And Equipment
PropertyAndEquipment
-197000 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
-0 usd
CY2023 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
9000 usd
CY2022 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
0 usd
CY2023 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
19000 usd
CY2022 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
0 usd
CY2023 us-gaap Amortization Of Deferred Property Taxes
AmortizationOfDeferredPropertyTaxes
23000 usd
CY2022 us-gaap Amortization Of Deferred Property Taxes
AmortizationOfDeferredPropertyTaxes
0 usd
CY2023 us-gaap Accretion Expense
AccretionExpense
12000 usd
CY2022 us-gaap Accretion Expense
AccretionExpense
0 usd
CY2023 btbd Future Tax Benefit Of Impairment Allowance
FutureTaxBenefitOfImpairmentAllowance
78000 usd
CY2022 btbd Future Tax Benefit Of Impairment Allowance
FutureTaxBenefitOfImpairmentAllowance
78000 usd
CY2023 us-gaap Nonoperating Gains Losses
NonoperatingGainsLosses
349000 usd
CY2022 us-gaap Nonoperating Gains Losses
NonoperatingGainsLosses
0 usd
CY2023 us-gaap Deferred Federal State And Local Tax Expense Benefit
DeferredFederalStateAndLocalTaxExpenseBenefit
61000 usd
CY2022 us-gaap Deferred Federal State And Local Tax Expense Benefit
DeferredFederalStateAndLocalTaxExpenseBenefit
-119000 usd
CY2023 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
0 usd
CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
199000 usd
CY2023 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-180000 usd
CY2022 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
1000 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-180000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
200000 usd
CY2023 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
CY2023 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-160000 usd
CY2022 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
169650 usd
CY2023 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
-35000 usd
CY2022 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
30350 usd
CY2023 btbd Equity In Loss Of Unconsolidated Subsidiary
EquityInLossOfUnconsolidatedSubsidiary
40000 usd
CY2022 btbd Equity In Loss Of Unconsolidated Subsidiary
EquityInLossOfUnconsolidatedSubsidiary
0 usd
CY2023 btbd Other
Other
-25000 usd
CY2022 btbd Other
Other
0 usd
CY2023 btbd Provision For Income Taxes Benefit
ProvisionForIncomeTaxesBenefit
-180000 usd
CY2022 btbd Provision For Income Taxes Benefit
ProvisionForIncomeTaxesBenefit
200000 usd
CY2023Q1 btbd Accrued Real Estate Taxes
AccruedRealEstateTaxes
202436 usd
CY2022Q1 btbd Accrued Real Estate Taxes
AccruedRealEstateTaxes
103615 usd
CY2023Q1 btbd Accrued Bonus Compensation
AccruedBonusCompensation
59139 usd
CY2022Q1 btbd Accrued Bonus Compensation
AccruedBonusCompensation
7000 usd
CY2023Q1 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
143481 usd
CY2022Q1 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
44700 usd
CY2023Q1 us-gaap Accrued Payroll Taxes Current
AccruedPayrollTaxesCurrent
12764 usd
CY2022Q1 us-gaap Accrued Payroll Taxes Current
AccruedPayrollTaxesCurrent
8424 usd
CY2023Q1 btbd Accrued Sales Taxes Payable
AccruedSalesTaxesPayable
70270 usd
CY2022Q1 btbd Accrued Sales Taxes Payable
AccruedSalesTaxesPayable
50414 usd
CY2023Q1 us-gaap Accrued Vacation Current
AccruedVacationCurrent
17663 usd
CY2022Q1 us-gaap Accrued Vacation Current
AccruedVacationCurrent
17663 usd
CY2023Q1 btbd Accured Gift Card Liability
AccuredGiftCardLiability
25965 usd
CY2022Q1 btbd Accured Gift Card Liability
AccuredGiftCardLiability
10036 usd
CY2023Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
802 usd
CY2022Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
12489 usd
CY2023Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
532520 usd
CY2022Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
254341 usd
CY2022 btbd Fairvfair Value Of Warrantalueofwarrant
FairvfairValueOfWarrantalueofwarrant
74866 usd
CY2023 btbd Term Of Warrant
TermOfWarrant
five-year
CY2023 btbd Common Shares Reserved For Issuance
CommonSharesReservedForIssuance
250000 shares
CY2022 btbd Common Shares Reserved For Issuance
CommonSharesReservedForIssuance
1000000 shares
CY2023 btbd Shares Available For A Grant
SharesAvailableForAGrant
779750 shares
CY2021 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
15000 shares
CY2021 btbd Exercisable Price
ExercisablePrice
5
CY2022 btbd Granted Options To Purchase
GrantedOptionsToPurchase
216000 shares
CY2022 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
175000 shares
CY2022 btbd Purchase Price Per Shares
PurchasePricePerShares
2.58
CY2023 btbd Companys Stock Optionstabletextblock
CompanysStockOptionstabletextblock
<table cellpadding="0" style="border-spacing:0;text-align:left;font:10pt times new roman;width:100%"><tbody><tr style="height:15px"><td><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="2" style="width:9%;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px 0px 0px 0in; text-align:center;"><strong>  Number of </strong></p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="2" style="width:9%;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px 0px 0px 0in; text-align:center;"><strong>Weighted Average</strong></p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="2" style="width:9%;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px 0px 0px 0in; text-align:center;"><strong>Weighted Average Remaining Term</strong></p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="2" style="width:9%;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px 0px 0px 0in; text-align:center;"><strong>Aggregate</strong></p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px 0px 0px 0in; text-align:center;"><strong>Intrinsic</strong></p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px"><td><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="2" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px 0px 0px 0in; text-align:center;"><strong>Options</strong></p></td><td style="PADDING-BOTTOM: 1px;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="2" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px 0px 0px 0in; text-align:center;"><strong>Exercise Price</strong></p></td><td style="PADDING-BOTTOM: 1px;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="2" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px 0px 0px 0in; text-align:center;"><strong>(In Years)</strong></p></td><td style="PADDING-BOTTOM: 1px;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="2" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px 0px 0px 0in; text-align:center;"><strong>Value </strong></p></td><td style="PADDING-BOTTOM: 1px;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px 0px 0px 0in">Options outstanding at January 2, 2022</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">15,000</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">5.00</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">8.3</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">0</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#ffffff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px 0px 0px 11.25pt">Granted</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">216,000</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">2.58</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">9.3</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">0</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px 0px 0px 11.25pt">Exercised</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">0</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">0</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#ffffff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px 0px 0px 11.25pt">Canceled, forfeited, or expired</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 1px solid;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:right;">(10,750 </td><td style="PADDING-BOTTOM: 1px;width:1%;vertical-align:bottom;white-space: nowrap;">)</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 1px solid;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:right;">2.58</td><td style="PADDING-BOTTOM: 1px;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 1px solid;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="BORDER-BOTTOM: 1px solid;width:9%;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="PADDING-BOTTOM: 1px;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 1px solid;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="BORDER-BOTTOM: 1px solid;width:9%;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="PADDING-BOTTOM: 1px;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px 0px 0px 0in">Options outstanding at January 1, 2023</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 1px solid;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:right;">220,250</td><td style="PADDING-BOTTOM: 1px;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 1px solid;width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:right;">2.74</td><td style="PADDING-BOTTOM: 1px;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 1px solid;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:right;">9.0</td><td style="PADDING-BOTTOM: 1px;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 1px solid;width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:right;">0</td><td style="PADDING-BOTTOM: 1px;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#ffffff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px 0px 0px 0in">Options exercisable at January 1, 2023</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 1px solid;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:right;">56,250</td><td style="PADDING-BOTTOM: 1px;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 1px solid;width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:right;">3.23</td><td style="PADDING-BOTTOM: 1px;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 1px solid;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:right;">9.0</td><td style="PADDING-BOTTOM: 1px;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 1px solid;width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:right;">0</td><td style="PADDING-BOTTOM: 1px;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr></tbody></table>
CY2023 btbd Number Of Options Begining Balance
NumberOfOptionsBeginingBalance
15000 shares
CY2023 btbd Weighted Average Exercise Price Begining
WeightedAverageExercisePriceBegining
5.00
CY2023 btbd Remaining Contract Term Begining
RemainingContractTermBegining
P8M9D
CY2023 btbd Aggregate Intrinsic Value Begining
AggregateIntrinsicValueBegining
0 usd
CY2023 btbd Number Of Options Granted
NumberOfOptionsGranted
216000 shares
CY2023 btbd Weighted Average Exercise Price Granted
WeightedAverageExercisePriceGranted
2.58
CY2023 btbd Remaining Contract Term Granted
RemainingContractTermGranted
P9M9D
CY2023 btbd Aggregate Intrinsic Value Granted
AggregateIntrinsicValueGranted
0 usd
CY2023 btbd Number Of Options Exercised
NumberOfOptionsExercised
0 shares
CY2023 btbd Weighted Average Exercise Price Exercised
WeightedAverageExercisePriceExercised
0
CY2023 btbd Number Of Options Canceled Forfeited Or Expired
NumberOfOptionsCanceledForfeitedOrExpired
-10750 shares
CY2023 btbd Weighted Average Exercise Price Canceled Forfeited Or Expired
WeightedAverageExercisePriceCanceledForfeitedOrExpired
2.58
CY2023 btbd Number Of Options Ending Balance
NumberOfOptionsEndingBalance
220250 shares
CY2023 btbd Weighted Average Exercise Price Ending Balance
WeightedAverageExercisePriceEndingBalance
2.74
CY2023 btbd Remaining Contract Term Ending
RemainingContractTermEnding
P9M
CY2023 btbd Aggregate Intrinsic Value Ending
AggregateIntrinsicValueEnding
0 usd
CY2023 btbd Numbeer Of Options Exercisable
NumbeerOfOptionsExercisable
56250 shares
CY2023 btbd Long Term Debt Noncurrent E835 F90 Dc0 D7
LongTermDebtNoncurrentE835F90DC0D7
3.23
CY2023 btbd Remaining Contract Term Exercisable
RemainingContractTermExercisable
P9M
CY2023 btbd Aggregate Intrinsic Value Exercisable
AggregateIntrinsicValueExercisable
0 usd
CY2023 btbd Estimate The Fair Value Of The Stock Options Tabletextblock
EstimateTheFairValueOfTheStockOptionsTabletextblock
<table cellpadding="0" style="border-spacing:0;text-align:left;font:10pt times new roman;width:100%"><tbody><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px 0px 0px 0in">The fair value of options granted during the period</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">1.39</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#ffffff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px 0px 0px 0in">Expected life (in years)</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">4.83</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px 0px 0px 0in">Expected dividend</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">—</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#ffffff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px 0px 0px 0in">Expected stock volatility</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">63</td><td style="width:1%;vertical-align:bottom;white-space: nowrap;">%</td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px 0px 0px 0in">Risk-free interest rate</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">2</td><td style="width:1%;vertical-align:bottom;white-space: nowrap;">%</td></tr></tbody></table>
CY2023 btbd Fair Value Of Options Granted During The Period
FairValueOfOptionsGrantedDuringThePeriod
1.39
CY2023 btbd Expected Life In Years
ExpectedLifeInYears
P4M25D
CY2023 us-gaap Investment Income Dividend
InvestmentIncomeDividend
0 usd
CY2023 btbd Expected Stock Volatility
ExpectedStockVolatility
0.63 pure
CY2023 btbd Risk Free Interest Rate
RiskFreeInterestRate
0.02 pure
CY2023Q1 btbd Granted Options To Purchase
GrantedOptionsToPurchase
250000 shares
CY2023Q1 btbd Purchase Price Per Shares
PurchasePricePerShares
8.50
CY2023Q1 btbd Trading Days
TradingDays
twenty consecutive
CY2023 us-gaap Preferred Stock Dividend Rate Percentage
PreferredStockDividendRatePercentage
0.08 pure
CY2023Q1 us-gaap Investment Sold Not Yet Purchased Balance Shares
InvestmentSoldNotYetPurchasedBalanceShares
34697 shares
CY2023Q1 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
1.65
CY2023 btbd Summary Of Long Term Debt Obligationstabletextblock
SummaryOfLongTermDebtObligationstabletextblock
<table cellpadding="0" style="border-spacing:0;text-align:left;font:10pt times new roman;width:100%"><tbody><tr style="height:15px"><td><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="2" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px 0px 0px 0in; text-align:center;"><strong>January 1,</strong></p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px 0px 0px 0in; text-align:center;"><strong>2023</strong></p></td><td style="PADDING-BOTTOM: 1px;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="2" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px 0px 0px 0in; text-align:center;"><strong>January 2,</strong></p><strong>2022</strong></td><td style="PADDING-BOTTOM: 1px;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">Three notes payable to a bank dated June 28, 2021 due in monthly installments totaling $22,213 which includes principal and interest at fixed rate of 3.45% through June 28, 2031. Beginning in July 2031, the interest rate will be equal to the greater of the "prime rate" plus .75%, or 3.45% .  These notes mature on June 28, 2036.  The notes are secured  by mortgages covering ten BTND operating locations. The notes are guaranteed  by  BT Brands, Inc. and  a shareholder of the Company.</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">2,864,484</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">3,027,971</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#ffffff"><td><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px 0px 0px 0in">Minnesota Small Business Emergency Loan dated April 29, 2020 </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 1px solid;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:right;">3,208</td><td style="PADDING-BOTTOM: 1px;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 1px solid;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:right;">22,000</td><td style="PADDING-BOTTOM: 1px;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#ffffff"><td style="vertical-align:top;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px 0px 0px 0in; text-align:right;">Total long-term debt</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">2,867,692</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">3,049,971</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px 0px 0px 0in; text-align:right;">Less - unamortized debt issuance costs</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">(41,599</td><td style="width:1%;vertical-align:bottom;white-space: nowrap;">)</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">(46,999</td><td style="width:1%;vertical-align:bottom;white-space: nowrap;">)</td></tr><tr style="height:15px;background-color:#ffffff"><td style="vertical-align:top;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px 0px 0px 0in; text-align:right;">Current maturities </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 1px solid;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:right;">(167,616</td><td style="PADDING-BOTTOM: 1px;width:1%;vertical-align:bottom;white-space: nowrap;">)</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 1px solid;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:right;">(169,908</td><td style="PADDING-BOTTOM: 1px;width:1%;vertical-align:bottom;white-space: nowrap;">)</td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px 0px 0px 0in; text-align:right;">Long-term debt, less current protion</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 3px double;width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="BORDER-BOTTOM: 3px double;width:9%;vertical-align:bottom;text-align:right;">2,658,477</td><td style="PADDING-BOTTOM: 3px;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 3px double;width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="BORDER-BOTTOM: 3px double;width:9%;vertical-align:bottom;text-align:right;">2,833,064</td><td style="PADDING-BOTTOM: 3px;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr></tbody></table>
CY2023Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
2867692 usd
CY2022Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
3049971 usd
CY2023Q1 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
-41599 usd
CY2022Q1 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
-46999 usd
CY2023Q1 btbd Current Maturities Notes Payable
CurrentMaturitiesNotesPayable
-167616 usd
CY2022Q1 btbd Current Maturities Notes Payable
CurrentMaturitiesNotesPayable
-169908 usd
CY2023Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2658477 usd
CY2022Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2833064 usd
CY2023Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
167616 usd
CY2023Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
170203 usd
CY2023Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearThree
176097 usd
CY2023Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
182410 usd
CY2023Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
188840 usd
CY2023Q1 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
1982526 usd
CY2023Q1 us-gaap Long Term Debt
LongTermDebt
2867692 usd

Files In Submission

Name View Source Status
0001477932-23-002705-index-headers.html Edgar Link pending
0001477932-23-002705-index.html Edgar Link pending
0001477932-23-002705.txt Edgar Link pending
0001477932-23-002705-xbrl.zip Edgar Link pending
btbd-20230101.xsd Edgar Link pending
btbd_10k.htm Edgar Link pending
btbd-20230101_def.xml Edgar Link unprocessable
btbd-20230101_lab.xml Edgar Link unprocessable
btbd-20230101_cal.xml Edgar Link unprocessable
btbd-20230101_pre.xml Edgar Link unprocessable
btbd_10kimg12.jpg Edgar Link pending
btbd_ex1016.htm Edgar Link pending
btbd_ex1016img1.jpg Edgar Link pending
btbd_ex1016img10.jpg Edgar Link pending
btbd_ex1016img11.jpg Edgar Link pending
btbd_ex1016img12.jpg Edgar Link pending
btbd_ex1016img13.jpg Edgar Link pending
btbd_ex1016img14.jpg Edgar Link pending
btbd_ex1016img15.jpg Edgar Link pending
btbd_ex1016img16.jpg Edgar Link pending
btbd_ex1016img17.jpg Edgar Link pending
btbd_ex1016img18.jpg Edgar Link pending
btbd_ex1016img19.jpg Edgar Link pending
btbd_ex1016img2.jpg Edgar Link pending
btbd_ex1016img20.jpg Edgar Link pending
btbd_ex1016img21.jpg Edgar Link pending
btbd_ex1016img22.jpg Edgar Link pending
btbd_ex1016img3.jpg Edgar Link pending
btbd_ex1016img4.jpg Edgar Link pending
btbd_ex1016img5.jpg Edgar Link pending
btbd_ex1016img6.jpg Edgar Link pending
btbd_ex1016img7.jpg Edgar Link pending
btbd_ex1016img8.jpg Edgar Link pending
btbd_ex1016img9.jpg Edgar Link pending
btbd_ex1017.htm Edgar Link pending
btbd_ex1017img1.jpg Edgar Link pending
btbd_ex1017img10.jpg Edgar Link pending
btbd_ex1017img11.jpg Edgar Link pending
btbd_ex1017img12.jpg Edgar Link pending
btbd_ex1017img13.jpg Edgar Link pending
btbd_ex1017img14.jpg Edgar Link pending
btbd_ex1017img15.jpg Edgar Link pending
btbd_ex1017img16.jpg Edgar Link pending
btbd_ex1017img17.jpg Edgar Link pending
btbd_ex1017img18.jpg Edgar Link pending
btbd_ex1017img19.jpg Edgar Link pending
btbd_ex1017img2.jpg Edgar Link pending
btbd_ex1017img20.jpg Edgar Link pending
btbd_ex1017img21.jpg Edgar Link pending
btbd_ex1017img22.jpg Edgar Link pending
btbd_ex1017img23.jpg Edgar Link pending
btbd_ex1017img3.jpg Edgar Link pending
btbd_ex1017img4.jpg Edgar Link pending
btbd_ex1017img5.jpg Edgar Link pending
btbd_ex1017img6.jpg Edgar Link pending
btbd_ex1017img7.jpg Edgar Link pending
btbd_ex1017img8.jpg Edgar Link pending
btbd_ex1017img9.jpg Edgar Link pending
btbd_ex211.htm Edgar Link pending
btbd_ex311.htm Edgar Link pending
btbd_ex312.htm Edgar Link pending
btbd_ex321.htm Edgar Link pending
btbd_ex322.htm Edgar Link pending
btbd_ex44.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
btbd_10k_htm.xml Edgar Link completed