{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-22-032496","form_type":"8-K","ticker":"TOFB","cik":"0000730349","company_name":"TOFUTTI BRANDS INC","filed_at":"2022-11-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:53.394844+00:00","generated_at":"2026-06-21T19:05:19.170584+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Tofutti reports Q3 net loss of $192K vs prior-year profit; sales decline 14%","bullets":["Net loss of $192K ($0.04 loss per share) vs net income of $228K ($0.04 EPS) in Q3 2021.","Net sales $2.90M, down 14% from $3.36M; vegan cheese sales fell 17% to $2.33M.","Gross profit dropped to $427K (15% margin) from $818K (24%), hurt by ingredient cost increases.","Cash declined to $965K from $1.70M at Jan 1; working capital $3.99M.","CEO expects Q4 improvement from price increases; gross profit headwinds continue for fiscal 2022."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-22-032496","json":"https://secwatch.observer/filing/0001493152-22-032496.json","markdown":"https://secwatch.observer/filing/0001493152-22-032496.md","text":"https://secwatch.observer/filing/0001493152-22-032496.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/730349/000149315222032496/0001493152-22-032496-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/730349/000149315222032496/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T19:05:19.170584+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"70a441f62da1d2a603a51df66dc843f778f70142","claim":"TOFUTTI BRANDS INC reported thirteen weeks ended October 1, 2022 results: revenue $2,896,000, net income $192,000, EPS $0.04 loss per share (basic and diluted).","evidence_excerpt":"Tofutti Brands reported net sales of $2,896,000 for the thirteen weeks ended October 1, 2022 compared to net sales of $3,356,000 for the thirteen weeks ended October 2, 2021. Sales of our vegan cheese products decreased to $2,334,000 in the thirteen weeks ended October 1, 2022 from $2,816,000 in the thirteen weeks ended October 2, 2021, due to the timing of cheese promotions that occurred last year. Sales of our frozen dessert and frozen food products, which consist primarily of frozen dessert products, increased slightly to $562,000 in the thirteen weeks ended October 1, 2022 from $540,000 for the thirteen weeks ended October 2, 2021. Our gross profit decreased significantly to $427,000 for the thirteen weeks ended October 1, 2022 from $818,000 for the thirteen weeks ended October 2, 2021, due partially to the reduction in sales. Our gross profit percentage was 15% for the thirteen weeks ending October 1, 2022 compared to 24% for the thirteen weeks ending October 2, 2021. The decrease","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/730349/000149315222032496/0001493152-22-032496-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"thirteen weeks ended October 1, 2022"},{"label":"Revenue","value":"$2,896,000"},{"label":"Net income","value":"$192,000"},{"label":"EPS","value":"$0.04 loss per share (basic and diluted)"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}