For the quarter ending 2025-09-30, NROM has $16,084,056 in assets. $12,698,211 in debts.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash | 719,500 | 635,629 | ||
| Employee retention tax credit receivable | 507,726 | 507,726 | ||
| Accounts receivable - net | 723,065 | 662,624 | ||
| Inventories | 1,038,756 | 1,003,365 | ||
| Prepaid expenses | 264,271 | 231,149 | ||
| Total current assets | 3,253,318 | 3,040,493 | ||
| Equipment | 4,427,934 | 4,398,834 | ||
| Leasehold improvements | 3,178,330 | 3,156,209 | ||
| Property and equipment, gross | 7,606,264 | 7,555,043 | ||
| Less accumulated depreciation and amortization | 3,877,732 | 3,779,783 | ||
| Net property and equipment | 3,728,532 | 3,775,260 | ||
| Deferred tax asset | 3,230,263 | 3,371,410 | ||
| Deferred contract cost | 1,696,452 | 1,682,831 | ||
| Goodwill | 278,466 | 278,466 | ||
| Operating lease right of use assets | 3,546,069 | 3,746,195 | ||
| Other assets including long-term portion of receivables-net | 350,956 | 333,943 | ||
| Total assets | 16,084,056 | 16,228,598 | ||
| Accounts payable and accrued expenses | 470,213 | 562,932 | ||
| Current portion of operating lease liability | 976,414 | 976,414 | ||
| Current portion of corbel loan payable | 5,691,623 | 1,100,004 | ||
| Convertible notes payable | 575,000 | 575,000 | ||
| Warrant liability | 517,193 | 538,822 | ||
| Total current liabilities | 8,230,443 | 3,178,172 | ||
| Term loan payable to corbel net of current portion | 0 | 5,084,293 | ||
| Convertible notes payable | 0 | - | ||
| Operating lease liabilities - net of short-term portion | 2,771,316 | 2,971,443 | ||
| Deferred contract income | 1,696,452 | 1,682,833 | ||
| Total long-term liabilities | 4,467,768 | 10,313,569 | ||
| Total liabilities | 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, 2024 and as of september 30, 2025) | 24,896,957 | 24,887,761 | ||
| Accumulated deficit | -21,511,112 | -22,150,904 | ||
| Total stockholders equity | 3,385,845 | 2,736,857 | ||
| Total liabilities and stockholders' equity | 16,084,056 | 16,228,598 | ||
NOBLE ROMANS INC (NROM)
NOBLE ROMANS INC (NROM)