| Balance Sheets | 2025-09-30 | 2025-06-30 | 2025-03-31 | |
|---|---|---|---|---|
| Cash and cash equivalents | 29,699,953 | 29,811,667 | 21,918,175 | |
| Restricted cash | 1,013,182 | 1,187,688 | 979,384 | |
| Accounts receivable, net | 2,901,028 | 2,790,722 | 2,970,097 | |
| Deferred franchise and regional development costs, current portion | 1,111,248 | 966,559 | 1,045,497 | |
| Prepaid expenses and other current assets | 2,057,868 | 2,706,235 | 3,798,747 | |
| Discontinued operations current assets (1.1 million and 1.1 million attributable to vies, respectively) | 23,719,082 | 26,289,685 | 40,018,794 | |
| Total current assets | 60,502,361 | 63,752,556 | 70,730,694 | |
| Property and equipment, net | 3,035,659 | 3,175,430 | 3,061,663 | |
| Operating lease right-of-use asset | 1,630,228 | 1,686,945 | 1,742,749 | |
| Deferred franchise and regional development costs, net of current portion | 3,878,857 | 4,281,676 | 4,268,991 | |
| Deposits and other assets | 338,376 | 286,794 | 289,212 | |
| Total assets | 69,385,481 | 73,183,401 | 80,093,309 | |
| Accounts payable | 1,204,976 | 1,582,410 | 1,022,141 | |
| Accrued expenses | 761,203 | 1,284,567 | 2,005,609 | |
| Co-op funds liability | 1,013,182 | 1,187,688 | 998,765 | |
| Payroll liabilities | 3,423,061 | 2,392,659 | 2,188,667 | |
| Operating lease liability, current portion | 191,641 | 189,142 | 240,889 | |
| Deferred franchise fee revenue, current portion | 2,520,824 | 2,582,808 | 2,525,924 | |
| Upfront regional developer fees, current portion | 277,394 | 277,394 | 284,561 | |
| Other current liabilities | 777,589 | 636,230 | 687,651 | |
| Discontinued operations current liabilities (5.9 million and 7.1 million attributable to vies, respectively) | 22,878,807 | 25,377,786 | 32,752,879 | |
| Total current liabilities | 33,048,677 | 35,510,684 | 42,707,086 | |
| Operating lease liability, net of current portion | 1,899,557 | 1,982,211 | 2,009,705 | |
| Deferred franchise fee revenue, net of current portion | 11,290,223 | 11,933,369 | 11,936,488 | |
| Upfront regional developer fees, net of current portion | 425,475 | 495,394 | 602,638 | |
| Total liabilities | 46,663,932 | 49,921,658 | 57,255,917 | |
| Common stock, 0.001 par value 20,000,000 shares authorized, 15,433,861 shares issued and 15,172,257 shares outstanding and 15,192,893 shares issued and 15,159,878 shares outstanding, respectively | 15,433 | 15,364 | 15,344 | |
| Additional paid-in capital | 51,634,910 | 50,741,188 | 50,410,220 | |
| Treasury stock 261,604 shares and 33,015 shares, at cost, respectively | 3,167,492 | 878,498 | 878,498 | |
| Accumulated deficit | -25,786,302 | -26,641,311 | -26,734,674 | |
| Total the joint corp. stockholders' equity | 22,696,549 | 23,236,743 | 22,812,392 | |
| Non-controlling interest | 25,000 | 25,000 | 25,000 | |
| Total equity | 22,721,549 | 23,261,743 | 22,837,392 | |
| Total liabilities and stockholders' equity | 69,385,481 | 73,183,401 | 80,093,309 | |
JOINT Corp (JYNT)
JOINT Corp (JYNT)