For the quarter ending 2025-09-30, GENK has $245,539K in assets. $205,952K in debts. $4,793K in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 4,793 | 9,610 | ||
| Inventories | 884 | 899 | ||
| Accounts receivable | 1,021 | 1,110 | ||
| Income tax receivable | 747 | 563 | ||
| Prepaid expenses and other current assets | 5,761 | 4,621 | ||
| Total current assets | 13,206 | 16,803 | ||
| Property and equipment, gross | 112,105 | - | ||
| Less accumulated depreciation and amortization | 43,931 | - | ||
| Property and equipment, net | 68,174 | 63,978 | ||
| Goodwill | 9,498 | 9,498 | ||
| Operating lease assets | 139,765 | 142,025 | ||
| Deferred tax asset | 12,769 | 12,480 | ||
| Other assets | 2,127 | 1,543 | ||
| Total assets | 245,539 | 246,327 | ||
| Accounts payable | 13,803 | 11,281 | ||
| Accrued salaries and benefits | 1,777 | 2,961 | ||
| Accrued interest | 70 | 73 | ||
| Notes payable, current | 4,677 | 2,898 | ||
| Line of credit | 0 | 0 | ||
| Obligations under finance leases, current | 5 | 6 | ||
| Operating lease liabilities, current | 6,475 | 6,351 | ||
| Deferred restaurant revitalization fund grant | 3,806 | 3,806 | ||
| Gift card liabilities | 2,398 | 2,891 | ||
| Other current liabilities | 7,480 | 7,613 | ||
| Total current liabilities | 40,491 | 37,880 | ||
| Notes payable, net of current portion | 6,112 | 4,935 | ||
| Tax receivable agreement liability | 1,077 | 1,077 | ||
| Obligations under finance leases, net of current | 9 | 11 | ||
| Operating lease liabilities, net of current portion | 158,263 | 159,898 | ||
| Total liabilities | 205,952 | 203,801 | ||
| Eb-5 members' equity redeemable units for 30 of gen restaurant investment, llc, amount of 1,500 as of september 30, 2025 and december 31, 2024 | 1,500 | 1,500 | ||
| Common stock-Common Class A | 5 | 5 | ||
| Common stock-Common Class B | 28 | 28 | ||
| Additional paid-in capital | 14,023 | 13,259 | ||
| Accumulated other comprehensive income | 74 | 150 | ||
| Retained earnings (accumulated deficit) | -212 | 354 | ||
| Non-controlling interest | 24,169 | 27,230 | ||
| Total permanent equity | 38,087 | 41,026 | ||
| Total liabilities, mezzanine equity, and permanent equity | 245,539 | 246,327 | ||
GEN Restaurant Group, Inc. (GENK)
GEN Restaurant Group, Inc. (GENK)