$RAVE
RAVE RESTAURANT GROUP, INC.

2022 Q1 Form 10-Q Financial Statement

#000114036122018025 Filed on May 06, 2022

View on sec.gov

Income Statement

Concept 2022 Q1 2021 Q1
Revenue $2.620M $2.183M
YoY Change 20.02% -19.3%
Cost Of Revenue $1.000K $76.00K
YoY Change -98.68% -26.92%
Gross Profit $2.619M $2.107M
YoY Change 24.3% -18.99%
Gross Profit Margin 99.96% 96.52%
Selling, General & Admin $1.358M $1.150M
YoY Change 18.09% -31.14%
% of Gross Profit 51.85% 54.58%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $46.00K $40.00K
YoY Change 15.0% -20.0%
% of Gross Profit 1.76% 1.9%
Operating Expenses $2.109M $1.830M
YoY Change 15.25% -29.07%
Operating Profit $510.0K $277.0K
YoY Change 84.12% 1219.05%
Interest Expense -$14.00K $23.00K
YoY Change -160.87% -4.17%
% of Operating Profit -2.75% 8.3%
Other Income/Expense, Net
YoY Change
Pretax Income $496.0K $417.0K
YoY Change 18.94% -182.25%
Income Tax $3.000K $1.000K
% Of Pretax Income 0.6% 0.24%
Net Earnings $493.0K $416.0K
YoY Change 18.51% -109.21%
Net Earnings / Revenue 18.82% 19.06%
Basic Earnings Per Share $0.03 $0.02
Diluted Earnings Per Share $0.03 $0.02
COMMON SHARES
Basic Shares Outstanding 18.01M 17.99M
Diluted Shares Outstanding 18.45M 18.79M

Balance Sheet

Concept 2022 Q1 2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $7.237M $6.490M
YoY Change 11.51% 321.43%
Cash & Equivalents $7.237M $6.487M
Short-Term Investments
Other Short-Term Assets $131.0K $230.0K
YoY Change -43.04% -43.9%
Inventory
Prepaid Expenses
Receivables $1.211M $1.192M
Other Receivables $443.0K $1.040M
Total Short-Term Assets $9.022M $8.984M
YoY Change 0.42% 123.93%
LONG-TERM ASSETS
Property, Plant & Equipment $2.136M $295.0K
YoY Change 624.07% -26.07%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $0.00
YoY Change -100.0%
Total Long-Term Assets $2.797M $3.472M
YoY Change -19.44% -29.94%
TOTAL ASSETS
Total Short-Term Assets $9.022M $8.984M
Total Long-Term Assets $2.797M $3.472M
Total Assets $11.82M $12.46M
YoY Change -5.11% 38.89%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $615.0K $450.0K
YoY Change 36.67% -33.82%
Accrued Expenses $1.232M $976.0K
YoY Change 26.23% -15.42%
Deferred Revenue $169.0K
YoY Change 9.74%
Short-Term Debt $60.00K $0.00
YoY Change
Long-Term Debt Due $0.00
YoY Change
Total Short-Term Liabilities $2.383M $2.176M
YoY Change 9.51% -16.4%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $2.230M
YoY Change -100.0% 44.81%
Other Long-Term Liabilities $2.341M $0.00
YoY Change -100.0%
Total Long-Term Liabilities $2.341M $0.00
YoY Change -100.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.383M $2.176M
Total Long-Term Liabilities $2.341M $0.00
Total Liabilities $4.724M $7.690M
YoY Change -38.57% -12.88%
SHAREHOLDERS EQUITY
Retained Earnings -$8.122M
YoY Change -7.15%
Common Stock $37.43M
YoY Change 11.97%
Preferred Stock
YoY Change
Treasury Stock (at cost) $24.54M
YoY Change 0.0%
Treasury Stock Shares $7.085M
Shareholders Equity $7.095M $4.766M
YoY Change
Total Liabilities & Shareholders Equity $11.82M $12.46M
YoY Change -5.11% 38.89%

Cashflow Statement

Concept 2022 Q1 2021 Q1
OPERATING ACTIVITIES
Net Income $493.0K $416.0K
YoY Change 18.51% -109.21%
Depreciation, Depletion And Amortization $46.00K $40.00K
YoY Change 15.0% -20.0%
Cash From Operating Activities $511.0K -$50.00K
YoY Change -1122.0% -88.89%
INVESTING ACTIVITIES
Capital Expenditures -$25.00K $0.00
YoY Change
Acquisitions
YoY Change
Other Investing Activities $146.0K $10.00K
YoY Change 1360.0% 0.0%
Cash From Investing Activities $121.0K $10.00K
YoY Change 1110.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -1.627M 0.000
YoY Change -100.0%
NET CHANGE
Cash From Operating Activities 511.0K -50.00K
Cash From Investing Activities 121.0K 10.00K
Cash From Financing Activities -1.627M 0.000
Net Change In Cash -995.0K -40.00K
YoY Change 2387.5% -90.91%
FREE CASH FLOW
Cash From Operating Activities $511.0K -$50.00K
Capital Expenditures -$25.00K $0.00
Free Cash Flow $536.0K -$50.00K
YoY Change -1172.0% -88.89%

Facts In Submission

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