BDL — what changed in the latest 10-Q
A section-by-section comparison of BDL's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-08-11 vs the prior 10-Q · 2026-05-12
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +11 | −5 | ~44 | 17 |
| Market risk (Item 3) | Text added/removed | 0 | 0 | ~6 | 3 |
| Controls & procedures | Text added/removed | 0 | 0 | ~2 | 1 |
| Other information | Text added/removed | 0 | 0 | ~1 | 0 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Not shown (absent or not faithfully extractable): Legal proceedings, Risk factors
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-08-11
Interest Expense, Net. Interest expense, net, for the thirty-nine weeks ended June 27, 2026 increased $156,000 to $878,000 from $722,000 for the thirty-nine weeks ended June 28, 2025 due to the two new mortgages on store #19 and store #75 and the Calusa refinancing.
In the third quarter of our fiscal year 2026, we paid $8.45 million for the purchase of the Stuart Property.
In the third quarter of our fiscal year 2025, we paid $2.2 million for the purchase of undeveloped land in Cutler Bay, Florida for a future restaurant site. This acquisition reflects our ongoing investment in strategic expansion. While no construction has commenced as of the reporting date, site pla…
Net cash provided by (used in) financing activities 7,086 (4,665 )
Net Increase (Decrease) in Cash and Cash Equivalents 8,749 (3,192 )
Text removed vs the prior filing · source: 10-Q · 2026-05-12
Interest Expense, Net. Interest expense, net, for the twenty-six weeks ended March 28, 2026 increased $9,000 to $494,000 from $485,000 for the twenty-six weeks ended March 29, 2025.
In the third quarter of our fiscal year 2025, we paid $2.2 million for the purchase of undeveloped land in Cutler Bay, Florida for a future restaurant site. This acquisition reflects our ongoing investment in strategic expansion. While no construction has commenced as of the reporting date, site pla…
We did not declare or pay a cash dividend on our capital stock during the twenty-six weeks ended March 28, 2026 or the twenty-six weeks ended March 29, 2025. Any future determination to pay cash dividends will be at our Board’s discretion and will depend upon our financial condition, operating resul…
In addition to using cash for our operating expenses, we use cash generated from operations and borrowings to fund the development and construction of new restaurants and to fund capitalized property improvements for our existing restaurants. During the twenty-six weeks ended March 28, 2026, we acqu…
As of March 28, 2026, we are in compliance with all of the covenants contained in our loan agreements.
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice