SEC Filing Summary: Bassett Furniture Industries, Inc.
Business Context and Reporting Period
This Form 8-K Current Report was filed by Bassett Furniture Industries, Inc. on December 14, 2005. The filing primarily serves to disclose audited financial statements for a subsidiary entity, the Bassett Industries Alternative Asset Fund, L.P., covering the fiscal year ended December 31, 2004.
Key Financial Metrics
The filing text does not provide specific revenue, profit, cash flow, margin, debt, or liquidity figures for Bassett Furniture Industries, Inc. The document references the attachment of audited financial statements for the Bassett Industries Alternative Asset Fund, L.P., but does not summarize the numerical data contained within those statements.
Material Changes
No material changes to the registrant's operations or financial condition are described in the text of this filing. The report focuses solely on the regulatory requirement to make the subsidiary's 2004 financial statements available to the public.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, outlook, or discussion of risks and contingencies. It is a procedural disclosure under Regulation FD and Item 2.02 regarding the availability of financial statements for the Alternative Asset Fund.
Investor Verification Checklist
- Review Exhibit 99 to obtain the actual audited financial statements for the Bassett Industries Alternative Asset Fund, L.P. for the year ended December 31, 2004.
- Verify the specific financial performance of the Alternative Asset Fund, as the 8-K text does not summarize these figures.
- Confirm if the Alternative Asset Fund's performance has any material impact on the consolidated results of Bassett Furniture Industries, Inc.