| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash | 539,321 | 533,670 | 719,500 | 635,629 |
| Employee retention tax credit receivable | 527,948 | 527,948 | 507,726 | 507,726 |
| Accounts receivable - net | 773,143 | 741,539 | 723,065 | 662,624 |
| Inventories | 1,000,187 | 965,212 | 1,038,756 | 1,003,365 |
| Prepaid expenses | 556,549 | 478,262 | 264,271 | 231,149 |
| Total current assets | 3,397,148 | 3,246,631 | 3,253,318 | 3,040,493 |
| Equipment | 4,499,440 | 4,463,379 | 4,427,934 | 4,398,834 |
| Leasehold improvements | 3,181,294 | 3,175,507 | 3,178,330 | 3,156,209 |
| Property, plant and equipment, gross | NaN | 7,638,886 | 7,606,264 | 7,555,043 |
| Less accumulated depreciation and amortization | 4,082,998 | 3,979,112 | 3,877,732 | 3,779,783 |
| Net property and equipment | 3,597,736 | 3,659,774 | 3,728,532 | 3,775,260 |
| Deferred tax asset | 3,041,295 | 3,114,727 | 3,230,263 | 3,371,410 |
| Deferred contract cost | NaN | NaN | 1,696,452 | 1,682,831 |
| Deferred contract costs | 1,689,451 | 1,699,935 | NaN | NaN |
| Other assets including long-term portion of receivables-net | NaN | NaN | 350,956 | 333,943 |
| Goodwill | 278,466 | 278,466 | 278,466 | 278,466 |
| Operating lease right of use assets | 3,114,355 | 3,332,195 | 3,546,069 | 3,746,195 |
| Other assets | 565,994 | 562,756 | NaN | NaN |
| Total assets | 15,684,445 | 15,894,484 | 16,084,056 | 16,228,598 |
| Accounts payable and accrued expenses | 746,292 | 702,207 | 470,213 | 562,932 |
| Current portion of operating lease liability | 969,806 | 950,409 | 976,414 | 976,414 |
| Current portion of corbel loan payable | 5,210,593 | 5,470,824 | 5,691,623 | 1,100,004 |
| Loan payable to corbel net of current portion | NaN | 0 | NaN | NaN |
| Convertible notes payable | NaN | 0 | 575,000 | 575,000 |
| Current portion of subordinated notes payable | 575,000 | 575,000 | NaN | NaN |
| Warrant liability | 500,000 | 500,000 | 517,193 | 538,822 |
| Total current liabilities | 8,001,691 | 8,198,440 | 8,230,443 | 3,178,172 |
| Term loan payable to corbel net of current portion | NaN | NaN | 0 | 5,084,293 |
| Convertible notes payable | NaN | NaN | 0 | NaN |
| Operating lease liabilities - net of current portion | 2,314,923 | 2,564,162 | 2,771,316 | 2,971,443 |
| Deferred contract income | 1,689,451 | 1,699,934 | 1,696,452 | 1,682,833 |
| Total long-term liabilities | 4,004,374 | 4,264,096 | 4,467,768 | 10,313,569 |
| Total liabilities | 12,006,065 | 12,462,536 | 12,698,211 | 13,491,741 |
| Common stock - no par value (40,000,000 shares authorized, 22,215,512 issued and outstanding as of december 31, 2025 and march 31, 2026) | 24,925,043 | 24,911,141 | 24,896,957 | 24,887,761 |
| Accumulated deficit | -21,246,663 | -21,479,193 | -21,511,112 | -22,150,904 |
| Total stockholders' equity | 3,678,380 | 3,431,948 | 3,385,845 | 2,736,857 |
| Total liabilities and stockholders' equity | 15,684,445 | 15,894,484 | 16,084,056 | 16,228,598 |
NOBLE ROMANS INC (NROM)
NOBLE ROMANS INC (NROM)