2024 Q4 Form 10-Q Financial Statement

#000147793224007110 Filed on November 13, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3 2023 Q4
Revenue $4.349M $4.008M
YoY Change 8.72% -0.4%
Cost Of Revenue $2.960M
YoY Change 0.63%
Gross Profit $1.048M
YoY Change -3.22%
Gross Profit Margin 26.15%
Selling, General & Admin $683.0K
YoY Change 4.0%
% of Gross Profit 65.17%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $121.9K $61.56K
YoY Change -36.68% -64.29%
% of Gross Profit 5.87%
Operating Expenses $1.008M
YoY Change -6.19%
Operating Profit -$75.01K $40.62K
YoY Change -5.7% 351.73%
Interest Expense $22.55K $23.95K
YoY Change -7.48% -28.81%
% of Operating Profit 58.96%
Other Income/Expense, Net $103.9K
YoY Change
Pretax Income -$233.5K -$3.486K
YoY Change -18.29% -98.01%
Income Tax $14.00K $0.00
% Of Pretax Income
Net Earnings -$219.5K -$3.486K
YoY Change -6.1% -98.01%
Net Earnings / Revenue -5.05% -0.09%
Basic Earnings Per Share
Diluted Earnings Per Share $0.00
COMMON SHARES
Basic Shares Outstanding 6.172M shares 6.246M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2024 Q4 2024 Q3 2023 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $4.876M $6.914M
YoY Change -31.31% -11.58%
Cash & Equivalents $3.085M $5.547M
Short-Term Investments $1.791M $1.367M
Other Short-Term Assets $296.2K
YoY Change 487.93%
Inventory $289.2K $193.0K
Prepaid Expenses
Receivables $55.20K
Other Receivables $0.00
Total Short-Term Assets $5.734M $7.458M
YoY Change -23.37% -7.67%
LONG-TERM ASSETS
Property, Plant & Equipment $3.700M $3.238M
YoY Change 12.92% -8.56%
Goodwill $796.2K $671.2K
YoY Change 18.62% 37.42%
Intangibles $423.2K $400.8K
YoY Change 2.79%
Long-Term Investments $1.116M
YoY Change -21.89%
Other Assets $192.6K
YoY Change -31.3%
Total Long-Term Assets $7.946M $7.453M
YoY Change 3.64% -5.02%
TOTAL ASSETS
Total Short-Term Assets $5.734M $7.458M
Total Long-Term Assets $7.946M $7.453M
Total Assets $13.68M $14.91M
YoY Change -9.7% -6.36%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $589.0K $431.2K
YoY Change -7.86% 21.64%
Accrued Expenses $416.8K $476.0K
YoY Change -7.76% -2.97%
Deferred Revenue
YoY Change
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due $170.2K $164.9K
YoY Change 3.24% -2.74%
Total Short-Term Liabilities $1.457M $1.287M
YoY Change -5.51% 3.79%
LONG-TERM LIABILITIES
Long-Term Debt $2.151M $2.332M
YoY Change -9.42% -13.57%
Other Long-Term Liabilities $1.650M
YoY Change 21.91%
Total Long-Term Liabilities $2.151M $2.332M
YoY Change -9.42% -13.57%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.457M $1.287M
Total Long-Term Liabilities $2.151M $2.332M
Total Liabilities $5.175M $5.270M
YoY Change -6.68% -1.38%
SHAREHOLDERS EQUITY
Retained Earnings -$2.785M -$1.542M
YoY Change 81.08% 86.9%
Common Stock $12.34K $12.49K
YoY Change -1.18% -3.33%
Preferred Stock
YoY Change
Treasury Stock (at cost) $356.8K
YoY Change
Treasury Stock Shares
Shareholders Equity $8.505M $9.641M
YoY Change
Total Liabilities & Shareholders Equity $13.68M $14.91M
YoY Change -9.7% -6.36%

Cashflow Statement

Concept 2024 Q4 2024 Q3 2023 Q4
OPERATING ACTIVITIES
Net Income -$219.5K -$3.486K
YoY Change -6.1% -98.01%
Depreciation, Depletion And Amortization $121.9K $61.56K
YoY Change -36.68% -64.29%
Cash From Operating Activities $37.02K
YoY Change -372.81%
INVESTING ACTIVITIES
Capital Expenditures $96.47K
YoY Change -150.71%
Acquisitions
YoY Change
Other Investing Activities -$54.50K
YoY Change -93.84%
Cash From Investing Activities -$151.0K
YoY Change -85.96%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -44.04K
YoY Change 5.61%
NET CHANGE
Cash From Operating Activities 37.02K
Cash From Investing Activities -151.0K
Cash From Financing Activities -44.04K
Net Change In Cash -158.0K
YoY Change -86.02%
FREE CASH FLOW
Cash From Operating Activities $37.02K
Capital Expenditures $96.47K
Free Cash Flow -$59.45K
YoY Change -133.65%

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-735131 usd
us-gaap Profit Loss
ProfitLoss
-379006 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
473420 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
570802 usd
btbd Amortization Of Debt Issuance Premium Included In Interest Expense
AmortizationOfDebtIssuancePremiumIncludedInInterestExpense
4050 usd
btbd Amortization Of Debt Issuance Premium Included In Interest Expense
AmortizationOfDebtIssuancePremiumIncludedInInterestExpense
4050 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-144000 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-82000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
165000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
118000 usd
us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
163014 usd
us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
33184 usd
us-gaap Marketable Securities Gain Loss
MarketableSecuritiesGainLoss
29219 usd
us-gaap Marketable Securities Gain Loss
MarketableSecuritiesGainLoss
51603 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-291282 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-253571 usd
us-gaap Gains Losses On Sales Of Assets
GainsLossesOnSalesOfAssets
-30205 usd
us-gaap Gains Losses On Sales Of Assets
GainsLossesOnSalesOfAssets
313688 usd
us-gaap Other Noncash Expense
OtherNoncashExpense
17247 usd
us-gaap Other Noncash Expense
OtherNoncashExpense
17465 usd
btbd Property Tax Settlement Liability Amount From Other Party
PropertyTaxSettlementLiabilityAmountFromOtherParty
0 usd
btbd Property Tax Settlement Liability Amount From Other Party
PropertyTaxSettlementLiabilityAmountFromOtherParty
-181339 usd
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
20653 usd
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
-21748 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
22866 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
34640 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
33696 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
48 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
33721 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-9714 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-63448 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
124854 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-197102 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-74732 usd
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
943000 usd
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 usd
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
0 usd
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
496000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
220033 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
362223 usd
btbd Notes Receivable From Related Company Issued
NotesReceivableFromRelatedCompanyIssued
120000 usd
btbd Notes Receivable From Related Company Issued
NotesReceivableFromRelatedCompanyIssued
0 usd
us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
626685 usd
us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
928739 usd
us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
241014 usd
us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
5640848 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1668704 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
4845886 usd
btbd Repayment Of Broker Margin Loan
RepaymentOfBrokerMarginLoan
99482 usd
btbd Repayment Of Broker Margin Loan
RepaymentOfBrokerMarginLoan
791370 usd
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
135932 usd
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
333263 usd
us-gaap Payments For Repurchase Of Equity
PaymentsForRepurchaseOfEquity
113884 usd
us-gaap Payments For Repurchase Of Equity
PaymentsForRepurchaseOfEquity
250225 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-349298 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-1374858 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-2215104 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
3396296 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
5300446 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2150578 usd
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
3085342 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
5546874 usd
us-gaap Interest Paid Net
InterestPaidNet
68541 usd
us-gaap Interest Paid Net
InterestPaidNet
69807 usd
btbd Payments To Purchase And Accounts Payable Property And Equipment
PaymentsToPurchaseAndAccountsPayablePropertyAndEquipment
0 usd
btbd Payments To Purchase And Accounts Payable Property And Equipment
PaymentsToPurchaseAndAccountsPayablePropertyAndEquipment
7704 usd
us-gaap Use Of Estimates
UseOfEstimates
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The preparation of condensed consolidated financial statements in conformity with GAAP 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 material.</p>
CY2023Q2 btbd Common Shares
CommonShares
11095085 shares
CY2022Q2 btbd Equity Method Investments Ownership Percentage
EquityMethodInvestmentsOwnershipPercentage
0.412 pure
CY2023Q2 us-gaap Cash Uninsured Amount
CashUninsuredAmount
1390000 usd
CY2024Q2 us-gaap Short Term Borrowings
ShortTermBorrowings
120000 usd
us-gaap Repayments Of Debt
RepaymentsOfDebt
120000 usd
us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
5443746 usd
btbd Net Loss On Investment
NetLossOnInvestment
729385 usd
us-gaap Loss On Sale Of Investments
LossOnSaleOfInvestments
291000 usd
CY2024Q3 us-gaap Marketable Securities
MarketableSecurities
1791059 usd
CY2023Q4 us-gaap Marketable Securities
MarketableSecurities
1477178 usd
CY2023 us-gaap Increase Decrease In Assets Held For Sale
IncreaseDecreaseInAssetsHeldForSale
313688 usd
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.275 pure
CY2024Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
591000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
-167795 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
423205 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
491000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
-95887 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
395113 usd
us-gaap Exploration Expense
ExplorationExpense
19625 usd
CY2024Q3 us-gaap Exploration Expense
ExplorationExpense
83567 usd
CY2023Q4 us-gaap Exploration Expense
ExplorationExpense
12221 usd
us-gaap Exploration Expense
ExplorationExpense
54486 usd
CY2024Q3 us-gaap Land
Land
435239 usd
CY2023Q4 us-gaap Land
Land
435239 usd
CY2024Q3 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
4525650 usd
CY2023Q4 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
3994685 usd
CY2024Q3 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
2525702 usd
CY2023Q4 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
2463626 usd
CY2024Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
7486591 usd
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
6893550 usd
CY2024Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
3527852 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
3387786 usd
CY2024Q3 us-gaap Assets Held For Sale Not Part Of Disposal Group Current
AssetsHeldForSaleNotPartOfDisposalGroupCurrent
258751 usd
CY2023Q4 us-gaap Assets Held For Sale Not Part Of Disposal Group Current
AssetsHeldForSaleNotPartOfDisposalGroupCurrent
258751 usd
CY2024Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3699988 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3247013 usd
CY2024Q3 us-gaap Depreciation
Depreciation
121902 usd
CY2023Q4 us-gaap Depreciation
Depreciation
102553 usd
us-gaap Depreciation
Depreciation
389853 usd
us-gaap Depreciation
Depreciation
416315 usd
CY2024Q3 btbd Accrued Real Estate Taxes
AccruedRealEstateTaxes
46991 usd
CY2023Q4 btbd Accrued Real Estate Taxes
AccruedRealEstateTaxes
49357 usd
CY2024Q3 btbd Accrued Bonus Compensation
AccruedBonusCompensation
0 usd
CY2023Q4 btbd Accrued Bonus Compensation
AccruedBonusCompensation
119139 usd
CY2024Q3 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
231767 usd
CY2023Q4 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
149587 usd
CY2024Q3 us-gaap Accrued Payroll Taxes Current
AccruedPayrollTaxesCurrent
6344 usd
CY2023Q4 us-gaap Accrued Payroll Taxes Current
AccruedPayrollTaxesCurrent
11343 usd
CY2024Q3 btbd Accrued Sales Taxes Payable
AccruedSalesTaxesPayable
63313 usd
CY2023Q4 btbd Accrued Sales Taxes Payable
AccruedSalesTaxesPayable
81683 usd
CY2024Q3 us-gaap Accrued Vacation Current
AccruedVacationCurrent
17663 usd
CY2023Q4 us-gaap Accrued Vacation Current
AccruedVacationCurrent
17663 usd
CY2024Q3 btbd Accured Gift Card Liability
AccuredGiftCardLiability
22738 usd
CY2023Q4 btbd Accured Gift Card Liability
AccuredGiftCardLiability
26884 usd
CY2024Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
28025 usd
CY2023Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
24633 usd
CY2024Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
416841 usd
CY2023Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
480289 usd
CY2024Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
2353367 usd
CY2023Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
2489299 usd
CY2024Q3 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
-32149 usd
CY2023Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
-36199 usd
CY2024Q3 btbd Current Maturities Notes Payable
CurrentMaturitiesNotesPayable
-170203 usd
CY2023Q4 btbd Current Maturities Notes Payable
CurrentMaturitiesNotesPayable
-183329 usd
CY2024Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2151015 usd
CY2023Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2269771 usd
btbd Shares Available For A Grant
SharesAvailableForAGrant
765750 shares
btbd Descrption Of Agrrement
DescrptionOfAgrrement
we project approximately $144,000 in stock-based compensation will be recognized at $32,000 per year in each of the next four years, and $16,000 will be recognized in 2028
btbd Share Baseds Compensation
ShareBasedsCompensation
70000 usd
btbd Share Baseds Compensation
ShareBasedsCompensation
40700 usd
btbd Project Net Amount
ProjectNetAmount
136000 usd
btbd Stock Option Vesting Percentage
StockOptionVestingPercentage
stock options granted to employees and directors generally vest 20% upon grant and 20% in annual installments for four years. total Options expire ten years from the date of the grant
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
319500 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
2.62
btbd Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm1
P7Y7M6D
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
0 usd
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
15000 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
1.61
btbd Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Granted Term
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualGrantedTerm
P9Y6M
btbd Sharebased Compensation Arrangement By Sharebased Payment Award Option Granted Intrinsic Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionGrantedIntrinsicValue
0 usd
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercised
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercised
0 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
0
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
0 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
0
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
334500 shares
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
2.57
btbd Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term Outstanding
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTermOutstanding
P7Y
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
160554 shares
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
2.72
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P5Y10M24D
CY2024Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
0 usd
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
220250 shares
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
2.74
btbd Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm1
P9Y
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
0 usd
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
100000 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
2.50
btbd Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Granted Term
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualGrantedTerm
P6Y8M12D
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercised
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercised
0 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
0
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
0
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
319250 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
2.74
btbd Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term Outstanding
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTermOutstanding
P8Y9M18D
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
0 usd
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
106802 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
3.18
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P8Y3M18D
CY2023Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
0 usd
btbd Contingent Incentive Share Award Description
ContingentIncentiveShareAwardDescription
The Contingent Incentive Share Awards provides that so long as the Company’s publicly traded warrants are outstanding, senior management will be deemed to earn an aggregate award of 250,000 shares of common stock as an award upon the Company’s share price reaching $8.50 per share for 20 consecutive trading days, provided, however, participants must be employed by the Company at the time the Incentive Shares are earned
CY2023 btbd Share Award Estimated Expense
ShareAwardEstimatedExpense
265000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
95000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
77000 usd
CY2023Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
160000 usd
btbd Lease Weighted Average Remaining Lease Term
LeaseWeightedAverageRemainingLeaseTerm
P3Y6M
CY2024Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.055 pure
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
79983 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
351626 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
362188 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
317768 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
208895 usd
CY2024Q3 btbd Lessee Operating Lease Liability Payments Due After Year Four
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFour
823390 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
2143850 usd
CY2024Q3 btbd Operating Leases Future Minimum Interest
OperatingLeasesFutureMinimumInterest
-311948 usd
CY2024Q3 btbd Present Value Of Operating Leases Payments
PresentValueOfOperatingLeasesPayments
1831902 usd
CY2024Q3 us-gaap Operating Lease Expense
OperatingLeaseExpense
130000 usd
CY2023Q4 us-gaap Operating Lease Expense
OperatingLeaseExpense
81000 usd
us-gaap Operating Lease Expense
OperatingLeaseExpense
336000 usd
us-gaap Operating Lease Expense
OperatingLeaseExpense
180000 usd
CY2024Q3 us-gaap Short Term Lease Payments
ShortTermLeasePayments
79000 usd
CY2023Q4 us-gaap Short Term Lease Payments
ShortTermLeasePayments
76000 usd
us-gaap Short Term Lease Payments
ShortTermLeasePayments
319000 usd
us-gaap Short Term Lease Payments
ShortTermLeasePayments
200000 usd
CY2024Q3 us-gaap Variable Lease Cost
VariableLeaseCost
6000 usd
CY2023Q4 us-gaap Variable Lease Cost
VariableLeaseCost
8500 usd
us-gaap Variable Lease Cost
VariableLeaseCost
39000 usd
us-gaap Variable Lease Cost
VariableLeaseCost
26000 usd
btbd Monthly Rent
MonthlyRent
2200 usd
CY2024Q3 us-gaap Investment Sold Not Yet Purchased Balance Shares
InvestmentSoldNotYetPurchasedBalanceShares
358000 shares
CY2024Q3 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
1.00
CY2024Q2 btbd Purchase Price Amount
PurchasePriceAmount
943000 usd
CY2024Q2 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
850000 usd
CY2024Q2 btbd Payments For Inventory
PaymentsForInventory
65000 usd
CY2024Q2 us-gaap Payments For Purchase Of Other Assets1
PaymentsForPurchaseOfOtherAssets1
23000 usd
CY2024Q2 btbd Remaining Lease Obligation
RemainingLeaseObligation
5400 usd
CY2024Q2 us-gaap Debt Instrument Term
DebtInstrumentTerm
P44M
CY2024Q2 us-gaap Leasehold Improvements Gross
LeaseholdImprovementsGross
625000 usd
CY2024Q2 us-gaap Finite Lived Noncompete Agreements Gross
FiniteLivedNoncompeteAgreementsGross
100000 usd
CY2024Q2 us-gaap Inventory Gross
InventoryGross
65000 usd
CY2024Q2 us-gaap Public Utilities Property Plant And Equipment Vehicles
PublicUtilitiesPropertyPlantAndEquipmentVehicles
28000 usd
CY2024Q2 btbd Operating Leases Right Of Use Asset
OperatingLeasesRightOfUseAsset
182878 usd
CY2024Q2 btbd Total Assets Acquired
TotalAssetsAcquired
1000878 usd
CY2024Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
182878 usd
CY2024Q2 btbd Cash6 A48 Eb3 E
Cash6A48EB3E
818000 usd
CY2024Q2 us-gaap Goodwill Fair Value Disclosure
GoodwillFairValueDisclosure
125000 usd
CY2024Q2 btbd Netpurchase Priceamount
NetpurchasePriceamount
943000 usd
CY2023 btbd Recogonisation Of Gain
RecogonisationOfGain
250000 usd
btbd Future Payments Description
FuturePaymentsDescription
future payments of up to $150,000 based upon $10,000 per unit opened by the purchaser
btbd Cash Payment
CashPayment
250000 usd

Files In Submission

Name View Source Status
0001477932-24-007110-index-headers.html Edgar Link pending
0001477932-24-007110-index.html Edgar Link pending
0001477932-24-007110.txt Edgar Link pending
0001477932-24-007110-xbrl.zip Edgar Link pending
btbd-20240929.xsd Edgar Link pending
btbd_10q.htm Edgar Link pending
btbd_10qimg2.jpg Edgar Link pending
btbd_ex311.htm Edgar Link pending
btbd_ex312.htm Edgar Link pending
btbd_ex321.htm Edgar Link pending
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Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
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btbd-20240929_def.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
btbd-20240929_lab.xml Edgar Link unprocessable
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btbd_10q_htm.xml Edgar Link completed
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report.css Edgar Link pending
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btbd-20240929_cal.xml Edgar Link unprocessable