SEC Filing Summary: Bassett Furniture Industries, Inc.
Business Context and Reporting Period
This Form 8-K Current Report was filed by Bassett Furniture Industries, Incorporated on June 30, 2004. The report serves to disclose information pursuant to Regulation FD (Item 9) and to provide results of operations and financial condition (Item 12). The primary content of this filing is the incorporation by reference of audited financial statements for the Bassett Industries Alternative Asset Fund, L.P., covering the fiscal year ended December 31, 2003.
Key Financial Metrics
The filing text does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity for Bassett Furniture Industries, Inc. The financial data referenced pertains to the Bassett Industries Alternative Asset Fund, L.P., and is contained within the attached Exhibit 99 rather than the body of this report.
Material Changes
No material changes to the registrant's operations or financial condition are described in the text of this filing. The document acts as a vehicle to distribute the previously mentioned audited statements for the Alternative Asset Fund.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, risk factors, or discussion of contingencies. It strictly references the attached audited financial statements for the Alternative Asset Fund.
Investor Verification Checklist
- Review Exhibit 99 to obtain the specific financial figures for the Bassett Industries Alternative Asset Fund, L.P. for the year ended December 31, 2003.
- Verify the relationship between the Alternative Asset Fund and the parent company, Bassett Furniture Industries, Inc., to understand the impact of the fund's performance on the parent's consolidated results.
- Confirm if the disclosure under Regulation FD (Item 9) contains material non-public information not previously released to the broader market.