---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-21-020468"
form_type: "8-K"
ticker: "TOFB"
cik: "0000730349"
company_name: "TOFUTTI BRANDS INC"
filed_at: "2021-08-17T23:59:59+00:00"
generated_at: "2026-06-29T09:42:00.567693+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Tofutti Q2 net income falls to $28K from $140K; sales down 6.7% to $3.027M

## Summary
- Net income of $28K ($0.01 EPS) vs $140K ($0.03 EPS) in Q2 2020; H1 net income $108K vs $190K.
- Gross profit margin dropped to 25% from 31% due to product mix, ingredient cost increases, higher freight.
- CEO Steven Kass salary raised from $125K to $200K; Joseph Himy replaced by Franklyn Snitow on Audit Committee.
- 2014 Equity Incentive Plan amended to remove annual award limits and Qualified Performance Grants references.
- Cash increased to $2.069M from $1.459M at year-end; working capital $4.728M.

## SEC filing metadata
- accession: 0001493152-21-020468
- form_type: 8-K
- ticker: TOFB
- cik: 0000730349
- company_name: TOFUTTI BRANDS INC
- filed_at: 2021-08-17T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/730349/000149315221020468/0001493152-21-020468-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/730349/000149315221020468/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-21-020468
- JSON: https://secwatch.observer/filing/0001493152-21-020468.json
- Plain text: https://secwatch.observer/filing/0001493152-21-020468.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.