Bridgford Foods Corp 2025年度报告

FORM 10-K ☒ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended October 31, 2025 ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OFTHE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 000-02396 BRIDGFORD FOODS CORPORATION (Exact name of Registrant as specified in its charter) 95-1778176(I.R.S. EmployerIdentification No.) California(State or Other Jurisdictionof Incorporation) 1707 South Good-Latimer Expressway, Dallas, Texas 75226(Address of principal executive offices) (214) 428-1535(Registrant’s telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: Title of each classTrading Symbol(s)Name of each exchange on which registeredCommon StockBRIDNasdaq Global Market Securities registered pursuant to Section 12(g) of the Act: None Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes☐No☒ Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports),and (2) has been subject to such filing requirements for the past 90 days. Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that theregistrant was required to submit such files). Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smallerreporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act: Large accelerated filer☐Accelerated filer☐Emerging growth company☐Non-accelerated filer☒Smaller reporting company☒ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of theeffectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by theregistered public accounting firm that prepared or issued its audit report.☐ If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of theregistrant included in the filing reflect the correction of an error to previously issued financial statements.☐ Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of the registrant’s executive officers during the relevant recovery period pursuant to §240.10D-1(b).☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). Yes☐No☒ The aggregate market value of voting and non-voting stock held by non-affiliates of the registrant on April 18, 2025, the lastbusiness day of the registrant’s most recently completed second fiscal quarter, was approximately $13,750,000. As of January 28, 2026, there were 9,076,832 shares of common stock outstanding. DOCUMENTS INCORPORATED BY REFERENCE Portions of the registrant’s definitive proxy statement on Schedule 14A relating to the registrant’s 2025 annual meeting ofstockholders, to be filed with the Securities and Exchange Commission within 120 days after the end of the fiscal year covered by thisAnnual Report on Form 10-K, are incorporated by reference in Part III, Items 10-14, within this Annual Report on Form 10-K. INDEX TO FORM 10-K PageCautionary Note Regarding Forward-Looking Statements3PART I3Item 1. Business3Item 1A. Risk Factors6Item 1B. Unresolved Staff Comments9Item 1C. Cybersecurity9Item 2. Properties10Item 3. Legal Proceedings10Item 4. Mine Safety Disclosures10PART II11Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities11Item 6. [Reserved]11Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations11Item 7A. Quantitative and Qualitative Disclosures About Market Risk16Item 8. Financial Statements and Supplementary Data17Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure17Item 9A. Controls and Procedures17Item 9B. Other Information18Item 9C. Disclosure Regarding Foreign Jurisdictions that Prevent Inspections18PART III19Item 10. Directors, Executive Officers and Corporate Gov