RMCF: the balance sheet

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For the quarter ending 2025-08-31, RMCF has $22,254K in assets. $16,128K in debts. $2,017K in cash and cash equivalents.

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

Balance Sheets	2025-08-31	2025-05-31
Cash and cash equivalents	2,017	893
Accounts receivable, less allowance for credit losses of 157 and 307, respectively	3,194	2,327
Notes receivable, current portion, less current portion of the allowance for credit losses of 28	73	76
Refundable income taxes	64	64
Inventories	4,136	4,633
Other	699	389
Total current assets	10,183	8,382
Property, plant and equipment, gross	21,789	-
Less accumulated depreciation	12,692	-
Property and equipment, net	9,097	9,238
Notes receivable	69	106
Goodwill	576	576
Intangible assets, net	197	203
Lease right of use asset	1,659	1,125
Other	473	466
Total other assets	2,974	2,476
Total assets	22,254	20,096

Accounts payable	4,744	4,172
Accrued salaries and wages	372	575
Gift card liabilities	651	648
Other accrued expenses	223	150
Contract liabilities	135	137
Lease liability	526	480
Total current liabilities	6,651	6,162
Notes payable	7,766	5,961
Lease liability, less current portion	1,151	660
Contract liabilities, less current portion	560	581
Preferred stock, .001 par value per share 250,000 authorized 0 shares issued and outstanding	-	0
Total liabilities	16,128	13,364
Common stock, 0.001 par value, 46,000,000 shares authorized, 7,791,276 shares and 7,722,174 shares issued and outstanding, respectively	8	8
Additional paid-in capital	12,492	12,436
Accumulated deficit	-6,374	-5,712
Total stockholders' equity	6,126	6,732
Total liabilities and stockholders' equity	22,254	20,096