For the year ending 2025-12-31, JYNT has $60,966,527 in assets. $45,886,935 in debts. $23,601,810 in cash and cash equivalents.
| Balance Sheets | 2025-12-31 | 2024-12-31 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 23,601,810 | 25,051,355 | ||
| Restricted cash | 700,058 | 945,081 | ||
| Accounts receivable, net | 2,849,864 | 2,586,381 | ||
| Deferred franchise and regional development costs, current portion | 945,933 | 1,055,582 | ||
| Prepaid expenses and other current assets | 1,744,556 | 1,787,994 | ||
| Discontinued operations current assets (1.0 million and 1.1 million attributable to vies, respectively) | 22,246,318 | 43,151,055 | ||
| Total current assets | 52,088,539 | 74,577,448 | ||
| Property and equipment, net | 3,159,226 | 3,206,754 | ||
| Operating lease right-of-use asset | 1,572,173 | 555,536 | ||
| Discontinued operations noncurrent assets (1.1 million attributable to vies as of december 31, 2023) | - | 0 | ||
| Deferred franchise and regional development costs, net of current portion | 3,827,129 | 4,513,891 | ||
| Deposits and other assets | 319,460 | 300,779 | ||
| Total assets | 60,966,527 | 83,154,408 | ||
| Accounts payable | 1,588,665 | 1,750,938 | ||
| Accrued expenses | 1,501,838 | 1,505,827 | ||
| Co-op funds liability | 700,058 | 945,082 | ||
| Payroll liabilities | 4,055,752 | 3,551,173 | ||
| Operating lease liability, current portion | 194,179 | 483,337 | ||
| Deferred franchise fee revenue, current portion | 2,519,018 | 2,546,926 | ||
| Upfront regional developer fees, current portion | 277,394 | 288,095 | ||
| Other current liabilities | 611,231 | 603,250 | ||
| Discontinued operations current liabilities (6.1 million and 7.1 million attributable to vies, respectively) | 21,368,446 | 37,367,459 | ||
| Total current liabilities | 32,816,581 | 49,042,087 | ||
| Operating lease liability, net of current portion | 1,815,527 | 311,689 | ||
| Deferred tax liabilities | - | 0 | ||
| Debt under the credit agreement | - | 0 | ||
| Discontinued operations liabilities, net of current portion (1.2 million attributable to vies as of december 31, 2023) | - | 0 | ||
| Deferred franchise fee revenue, net of current portion | 10,899,271 | 12,450,179 | ||
| Upfront regional developer fees, net of current portion | 355,556 | 672,334 | ||
| Total liabilities | 45,886,935 | 62,476,289 | ||
| Common stock, 0.001 par value 20,000,000 shares authorized, 15,471,715 shares issued and 14,142,626 shares outstanding and 15,192,893 shares issued and 15,159,878 shares outstanding, respectively | 15,471 | 15,192 | ||
| Additional paid-in capital | 52,026,407 | 49,210,455 | ||
| Treasury stock 1,329,089 shares and 33,015 shares, at cost, respectively | 12,192,081 | 870,058 | ||
| Accumulated deficit | -24,795,205 | -27,702,470 | ||
| Total the joint corp. stockholders equity | 15,054,592 | 20,653,119 | ||
| Non-controlling interest | 25,000 | 25,000 | ||
| Total equity | 15,079,592 | 20,678,119 | ||
| Total liabilities and stockholders equity | 60,966,527 | 83,154,408 | ||
JOINT Corp (JYNT)
JOINT Corp (JYNT)