QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK
+Added: Economic Risk
+Added: The current government administration
+Added: has imposed changes in trade policy, including an increase in the use of tariffs which has resulted in retaliatory tariffs by other countries,
+Added: shifts in immigration policies and international relations and changes to the overall regulation and enforcement by government agencies.
+Added: We cannot predict the timing or impact, if any, of such actions.
+Added: Legislative and Regulatory
+Added: On July 4, 2025, the One Big
+Added: Beautiful Bill Act (Public Law No.
+Added: 119-21) was signed into law.
+Added: Among other provisions, the legislation includes certain tax incentives
+Added: and regulatory changes applicable to businesses in the food service and hospitality industries.
+Added: The legislation has multiple effective
+Added: dates, with certain provisions effective in 2025 and others to be implemented through 2027.
+Added: We continue to review the legislation to determine
+Added: its potential impact.
+Added: Interest Rate Risk
As part of our ongoing operations,
6 unchanged sentences
are not used for speculative purposes but are used to modify variable rate obligations into fixed rate obligations.
−Removed: At the end of our fiscal year
−Removed: 2024, we had approximately $1,449,000 in 90-day certificates of deposit, government guaranteed and at fixed annual interest rates between
−Removed: Otherwise, as of September 28, 2024, our cash resources offset our bank charges and any excess cash resources earn interest
−Removed: at variable rates.
−Removed: Accordingly, our return on these funds is affected by fluctuations in interest rates.
−Removed: There is no assurance that interest
−Removed: rates will increase or decrease over our next fiscal year or that an increase will not have a material adverse effect on our operations.
+Added: At the end of our fiscal
+Added: year 2025, we had approximately an aggregate principal amount $1,414,000 of 90-day government guaranteed certificates of deposit at fixed
+Added: annual interest rates between 4.05% and 5.15%.
+Added: Otherwise, as of September 27, 2025, our cash resources offset our bank charges and any
+Added: excess cash resources earn interest at variable rates.
+Added: Accordingly, our return on these funds is affected by fluctuations in interest
+Added: There is no assurance that
+Added: interest rates will increase or decrease over our next fiscal year or that an increase will not have a material adverse effect on our
FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA .
−Removed: Our Consolidated Financial Statements
−Removed: are on pages F-1 through F-30.
−Removed: CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURES.
+Added: Our Consolidated Financial
+Added: Statements are on pages F-1 through F-31.
+Added: CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.