Bridgford Foods (BRID) - 2023 Q1 - Quarterly Report

As of January 20, 2023, the Company has a federal NOL carry forward of approximately $0 and state NOL carry forwards of approximately $4,600 million. We maintain a revolving line of credit with Wells Fargo Bank, N.A. that extends to August 31, 2023. As of year-end October 28, 2022, under the terms of this line of credit, we could borrow up to $15,000 at an interest rate equal to the bank's prime rate or secured overnight financing rate ("SOFR") plus 2.0%. The line of credit has an unused commitment fee of 0 ...