secwatch.observer — SEC 8-K summary
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Issuer:     TOFUTTI BRANDS INC (TOFB)
CIK:        0000730349
Form:       8-K
Filed at:   2022-05-17T23:59:59+00:00
Accession:  0001493152-22-014110
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tofutti Q1 net sales up 10% to $3.46M; net income doubles to $0.04/share
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- Net sales $3.46M vs $3.15M; vegan cheese sales up to $2.92M from $2.72M.
- Gross profit fell to $857K from $1.0M; margin 25% vs 32% on higher ingredients and freight.
- Net income $205K ($0.04 diluted EPS) vs $80K ($0.02) in prior-year quarter.
- Cash $1.59M, working capital $4.53M; CEO expects improved revenue from price increases.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/730349/000149315222014110/0001493152-22-014110-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/730349/000149315222014110/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-014110

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