$KRUS
KURA SUSHI USA, INC.

2021 Q1 Form 10-Q Financial Statement

#000156459021018716 Filed on April 13, 2021

View on sec.gov

Income Statement

Concept 2021 Q1 2020 Q1
Revenue $9.080M $19.39M
YoY Change -53.17% 28.25%
Cost Of Revenue $8.290M $15.17M
YoY Change -45.35% 27.27%
Gross Profit $790.0K $4.220M
YoY Change -81.28% 31.88%
Gross Profit Margin 8.7% 21.77%
Selling, General & Admin $4.500M $4.420M
YoY Change 1.81% 52.94%
% of Gross Profit 569.62% 104.74%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.100M $700.0K
YoY Change 57.14% 40.0%
% of Gross Profit 139.24% 16.59%
Operating Expenses $4.590M $19.63M
YoY Change -76.62% 32.31%
Operating Profit -$3.800M -$240.0K
YoY Change 1483.33% -185.11%
Interest Expense -$50.00K $33.00K
YoY Change -251.52% -17.5%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$3.850M -$103.0K
YoY Change 3637.86% -141.7%
Income Tax $29.00K $30.00K
% Of Pretax Income
Net Earnings -$3.881M -$133.0K
YoY Change 2818.05% -162.74%
Net Earnings / Revenue -42.74% -0.69%
Basic Earnings Per Share -$0.02
Diluted Earnings Per Share -$463.0K -$0.02
COMMON SHARES
Basic Shares Outstanding 8.336K
Diluted Shares Outstanding 8.336K

Balance Sheet

Concept 2021 Q1 2020 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.700M $30.00M
YoY Change -94.33% 29900.0%
Cash & Equivalents $2.271M $29.99M
Short-Term Investments
Other Short-Term Assets $416.0K $1.700M
YoY Change -75.53% 54.55%
Inventory $400.0K $400.0K
Prepaid Expenses $1.083M
Receivables $2.500M $1.400M
Other Receivables $200.0K $0.00
Total Short-Term Assets $11.30M $33.50M
YoY Change -66.27% 1495.24%
LONG-TERM ASSETS
Property, Plant & Equipment $105.1M $88.90M
YoY Change 18.22% 228.04%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $2.000M $2.600M
YoY Change -23.08% -13.33%
Total Long-Term Assets $107.1M $91.50M
YoY Change 17.05% 203.99%
TOTAL ASSETS
Total Short-Term Assets $11.30M $33.50M
Total Long-Term Assets $107.1M $91.50M
Total Assets $118.4M $125.0M
YoY Change -5.28% 288.2%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.000M $2.600M
YoY Change 15.38% 30.0%
Accrued Expenses $8.400M $7.600M
YoY Change 10.53% 442.86%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $1.000M $1.000M
YoY Change 0.0% 0.0%
Total Short-Term Liabilities $13.40M $11.50M
YoY Change 16.52% 139.58%
LONG-TERM LIABILITIES
Long-Term Debt $12.90M $2.000M
YoY Change 545.0% -31.03%
Other Long-Term Liabilities $55.70M $319.0K
YoY Change 17360.82% -88.61%
Total Long-Term Liabilities $68.60M $319.0K
YoY Change 21404.7% -94.4%
TOTAL LIABILITIES
Total Short-Term Liabilities $13.40M $11.50M
Total Long-Term Liabilities $68.60M $319.0K
Total Liabilities $82.00M $63.85M
YoY Change 28.42% 508.12%
SHAREHOLDERS EQUITY
Retained Earnings $1.374M
YoY Change
Common Stock $59.79M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $36.42M $61.17M
YoY Change
Total Liabilities & Shareholders Equity $118.4M $125.0M
YoY Change -5.3% 288.27%

Cashflow Statement

Concept 2021 Q1 2020 Q1
OPERATING ACTIVITIES
Net Income -$3.881M -$133.0K
YoY Change 2818.05% -162.74%
Depreciation, Depletion And Amortization $1.100M $700.0K
YoY Change 57.14% 40.0%
Cash From Operating Activities -$6.200M $1.270M
YoY Change -588.19% -395.35%
INVESTING ACTIVITIES
Capital Expenditures -$3.280M -$3.890M
YoY Change -15.68% 68.4%
Acquisitions
YoY Change
Other Investing Activities -$170.0K
YoY Change
Cash From Investing Activities -$3.280M -$4.060M
YoY Change -19.21% 75.76%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 9.010M -240.0K
YoY Change -3854.17% -79.83%
NET CHANGE
Cash From Operating Activities -6.200M 1.270M
Cash From Investing Activities -3.280M -4.060M
Cash From Financing Activities 9.010M -240.0K
Net Change In Cash -470.0K -3.030M
YoY Change -84.49% -22.9%
FREE CASH FLOW
Cash From Operating Activities -$6.200M $1.270M
Capital Expenditures -$3.280M -$3.890M
Free Cash Flow -$2.920M $5.160M
YoY Change -156.59% 174.47%

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Files In Submission

Name View Source Status
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