Preheat the oven to 350° F.
Prepare a 2-quart baking dish with nonstick cooking spray.
Spread the bread evenly in the dish and top with bran flakes.
In a small bowl, whisk together the remaining ingredients and pour over bread.
Let stand for 30 minutes until liquid is absorbed, patting down occasionally to help absorb evenly.
Bake for 75 minutes until puffed and firm in center.
To prepare the topping, combine all ingredients in a saucepan and simmer for 5 minutes. Serve warm. Makes 6.