$RAVE
RAVE RESTAURANT GROUP, INC.

2023 Q1 Form 10-Q Financial Statement

#000114036123004019 Filed on February 02, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q4
Revenue $2.970M $2.866M
YoY Change 13.36% 6.31%
Cost Of Revenue $0.00
YoY Change -100.0%
Gross Profit $2.970M
YoY Change 13.4%
Gross Profit Margin 100.0%
Selling, General & Admin $1.514M $1.458M
YoY Change 11.49% 5.65%
% of Gross Profit 50.98%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $54.00K $53.00K
YoY Change 17.39% 10.42%
% of Gross Profit 1.82%
Operating Expenses $2.532M $2.378M
YoY Change 20.06% 7.5%
Operating Profit $438.0K
YoY Change -14.12%
Interest Expense $0.00 $0.00
YoY Change -100.0% -100.0%
% of Operating Profit 0.0%
Other Income/Expense, Net
YoY Change
Pretax Income $438.0K $488.0K
YoY Change -11.69% 5.86%
Income Tax $115.0K $140.0K
% Of Pretax Income 26.26% 28.69%
Net Earnings $323.0K $348.0K
YoY Change -34.48% -23.85%
Net Earnings / Revenue 10.88% 12.14%
Basic Earnings Per Share $0.02 $0.02
Diluted Earnings Per Share $0.02 $0.02
COMMON SHARES
Basic Shares Outstanding 14.15M 16.40M
Diluted Shares Outstanding 14.15M 16.35M

Balance Sheet

Concept 2023 Q1 2022 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.867M $3.429M
YoY Change -46.57% -58.35%
Cash & Equivalents $3.867M $3.429M
Short-Term Investments
Other Short-Term Assets $200.0K $114.0K
YoY Change 52.67% 32.56%
Inventory
Prepaid Expenses
Receivables $1.492M $1.276M
Other Receivables $165.0K $167.0K
Total Short-Term Assets $5.756M $5.020M
YoY Change -36.2% -49.2%
LONG-TERM ASSETS
Property, Plant & Equipment $283.0K $304.0K
YoY Change -86.75% -21.04%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $5.500M $5.590M
YoY Change
Total Long-Term Assets $7.734M $8.009M
YoY Change 176.51% 172.6%
TOTAL ASSETS
Total Short-Term Assets $5.756M $5.020M
Total Long-Term Assets $7.734M $8.009M
Total Assets $13.49M $13.03M
YoY Change 14.14% 1.63%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $465.0K $578.0K
YoY Change -24.39% -3.83%
Accrued Expenses $747.0K $487.0K
YoY Change -39.37% -8.11%
Deferred Revenue $342.0K $292.0K
YoY Change -25.32%
Short-Term Debt $0.00 $0.00
YoY Change -100.0% -100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $2.036M $1.856M
YoY Change -14.56% -50.15%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $1.784M $1.912M
YoY Change -23.79% -24.64%
Total Long-Term Liabilities $1.784M $1.912M
YoY Change -23.79% -24.64%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.036M $1.856M
Total Long-Term Liabilities $1.784M $1.912M
Total Liabilities $3.820M $3.768M
YoY Change -19.14% -39.81%
SHAREHOLDERS EQUITY
Retained Earnings $1.804M $1.481M
YoY Change -122.95%
Common Stock $37.89M $37.81M
YoY Change 0.68%
Preferred Stock
YoY Change
Treasury Stock (at cost) $30.03M
YoY Change 22.38%
Treasury Stock Shares $10.94M
Shareholders Equity $9.670M $9.261M
YoY Change
Total Liabilities & Shareholders Equity $13.49M $13.03M
YoY Change 14.14% 1.63%

Cashflow Statement

Concept 2023 Q1 2022 Q4
OPERATING ACTIVITIES
Net Income $323.0K $348.0K
YoY Change -34.48% -23.85%
Depreciation, Depletion And Amortization $54.00K $53.00K
YoY Change 17.39% 10.42%
Cash From Operating Activities $441.0K -$343.0K
YoY Change -13.7% -196.08%
INVESTING ACTIVITIES
Capital Expenditures $38.00K $84.00K
YoY Change -252.0% -1150.0%
Acquisitions
YoY Change
Other Investing Activities $35.00K $30.00K
YoY Change -76.03% -18.92%
Cash From Investing Activities -$3.000K -$54.00K
YoY Change -102.48% -286.21%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 0.000 -3.595M
YoY Change -100.0% 11883.33%
NET CHANGE
Cash From Operating Activities 441.0K -343.0K
Cash From Investing Activities -3.000K -54.00K
Cash From Financing Activities 0.000 -3.595M
Net Change In Cash 438.0K -3.992M
YoY Change -144.02% -1221.35%
FREE CASH FLOW
Cash From Operating Activities $441.0K -$343.0K
Capital Expenditures $38.00K $84.00K
Free Cash Flow $403.0K -$427.0K
YoY Change -24.81% -216.99%

Facts In Submission

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