TOFUTTI Announces 2007 Results((in thousands except per share figures) ...),Health

December 29, December 30,

2007 2006

Assets

Current assets:

Cash and cash equivalents $1,499 $289

Accounts receivable, net of allowance for

doubtful accounts of $430 and $368,

respectively 1,991 2,084

Inventories 1,552 2,992

Prepaid expenses 46 2

Refundable income taxes 770

Deferred income taxes 298 558

Total current assets 6,156 5,925

Fixed assets (net of accumulated amortization

of $24 and $19) 24 29

Other assets 16 16

$6,199 $5,970

Liabilities and Stockholders' Equity

Current liabilities:

Accounts payable $633 $711

Accrued expenses 566 277

Accrued officers' compensation 500 500

Income taxes payable -- 472

Total current liabilities 1,699 1,960

Commitment and Contingencies

Stockholders' equity:

Preferred stock - par value $.01 per

share; authorized 100,000 shares,

none issued -- --

Common stock - par value $.01 per share;

authorized 15,000,000 shares, issued

and outstanding 5,653,467 shares at

December 29, 2007 and 5,443,467 shares

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