NDLS: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, NDLS has $280,572K in assets. $319,471K in debts. $4,694K in cash and cash equivalents.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Balance Sheets	2025-09-30	2025-07-01
Cash and cash equivalents	4,694	2,264
Accounts receivable	4,109	3,769
Inventories	10,409	10,653
Prepaid expenses and other assets	4,271	4,245
Income tax receivable	336	335
Total current assets	23,819	21,266
Property and equipment, net	114,478	122,936
Operating lease assets, net	133,134	141,194
Goodwill	7,154	7,154
Intangibles, net	426	466
Other assets, net	1,561	1,559
Total long-term assets	256,753	273,309
Total assets	280,572	294,575

Accounts payable	18,792	18,835
Accrued payroll and benefits	10,138	7,224
Accrued expenses and other current liabilities	11,992	11,681
Current operating lease liabilities	29,728	30,632
Total current liabilities	70,650	68,372
Long-term debt, net	108,158	106,441
Long-term operating lease liabilities, net	130,872	140,060
Deferred tax liabilities, net	325	320
Other long-term liabilities	9,466	10,157
Total liabilities	319,471	325,350
Common stock0.01 par value, 180,000,000 shares authorized as of september30, 2025 and december31, 2024 49,198,586 issued and 46,774,715 outstanding as of september30, 2025 and 48,161,878 issued and 45,738,007 outstanding as of december31, 2024	492	489
Treasury stock, at cost, 2,423,871 shares as of september30, 2025 and december31, 2024	35,000	35,000
Additional paid-in capital	215,826	214,802
Accumulated deficit	-220,217	-211,066
Total stockholders deficit	-38,899	-30,775
Total liabilities and stockholders deficit	280,572	294,575