$RAVE
RAVE RESTAURANT GROUP, INC.

2024 Q2 Form 10-Q Financial Statement

#000114036124023848 Filed on May 02, 2024

View on sec.gov

Income Statement

Concept 2024 Q2 2024 Q1
Revenue $3.355M $2.962M
YoY Change 10.0% -0.27%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $1.358M $1.364M
YoY Change 9.52% -9.91%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $49.00K $58.00K
YoY Change -2.0% 7.41%
% of Gross Profit
Operating Expenses $2.235M $2.153M
YoY Change 0.68% -14.97%
Operating Profit
YoY Change
Interest Expense $60.00K $45.00K
YoY Change
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $1.180M $854.0K
YoY Change 42.17% 94.98%
Income Tax $300.0K $200.0K
% Of Pretax Income 25.42% 23.42%
Net Earnings $880.0K $654.0K
YoY Change 37.5% 102.48%
Net Earnings / Revenue 26.23% 22.08%
Basic Earnings Per Share $0.04
Diluted Earnings Per Share $0.06 $0.04
COMMON SHARES
Basic Shares Outstanding 14.59M 14.59M
Diluted Shares Outstanding 14.74M

Balance Sheet

Concept 2024 Q2 2024 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $7.831M $6.318M
YoY Change 46.92% 63.38%
Cash & Equivalents $2.886M $6.318M
Short-Term Investments $4.945M
Other Short-Term Assets $200.0K $466.0K
YoY Change -9.09% 133.0%
Inventory
Prepaid Expenses
Receivables $1.411M $1.338M
Other Receivables $68.00K $65.00K
Total Short-Term Assets $9.536M $8.214M
YoY Change 39.54% 42.7%
LONG-TERM ASSETS
Property, Plant & Equipment $182.0K $202.0K
YoY Change -29.46% -28.62%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $4.756M $5.095M
YoY Change -10.94% -7.36%
Total Long-Term Assets $6.283M $6.742M
YoY Change -15.13% -12.83%
TOTAL ASSETS
Total Short-Term Assets $9.536M $8.214M
Total Long-Term Assets $6.283M $6.742M
Total Assets $15.82M $14.96M
YoY Change 11.11% 10.87%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $359.0K $652.0K
YoY Change -28.2% 40.22%
Accrued Expenses $915.0K $674.0K
YoY Change 2.81% -9.77%
Deferred Revenue $343.0K $192.0K
YoY Change 0.29% -43.86%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $2.019M $1.939M
YoY Change -8.14% -4.76%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $1.098M $1.217M
YoY Change -33.45% -31.78%
Total Long-Term Liabilities $1.098M $1.217M
YoY Change -33.45% -31.78%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.019M $1.939M
Total Long-Term Liabilities $1.098M $1.217M
Total Liabilities $3.117M $3.156M
YoY Change -18.95% -17.38%
SHAREHOLDERS EQUITY
Retained Earnings $4.912M $4.032M
YoY Change 101.39% 123.5%
Common Stock $37.82M $37.80M
YoY Change -0.43% -0.26%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $12.70M $11.80M
YoY Change
Total Liabilities & Shareholders Equity $15.82M $14.96M
YoY Change 11.11% 10.87%

Cashflow Statement

Concept 2024 Q2 2024 Q1
OPERATING ACTIVITIES
Net Income $880.0K $654.0K
YoY Change 37.5% 102.48%
Depreciation, Depletion And Amortization $49.00K $58.00K
YoY Change -2.0% 7.41%
Cash From Operating Activities $1.409M $1.026M
YoY Change 0.64% 132.65%
INVESTING ACTIVITIES
Capital Expenditures $8.000K $30.00K
YoY Change -84.0% -21.05%
Acquisitions
YoY Change
Other Investing Activities -$4.833M $16.00K
YoY Change -4127.5% -54.29%
Cash From Investing Activities -$4.841M -$14.00K
YoY Change -8168.33% 366.67%
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 0.000
YoY Change
NET CHANGE
Cash From Operating Activities 1.409M 1.026M
Cash From Investing Activities -4.841M -14.00K
Cash From Financing Activities 0.000 0.000
Net Change In Cash -3.432M 1.012M
YoY Change -335.07% 131.05%
FREE CASH FLOW
Cash From Operating Activities $1.409M $1.026M
Capital Expenditures $8.000K $30.00K
Free Cash Flow $1.401M $996.0K
YoY Change 3.78% 147.15%

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dei Security12b Title
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Files In Submission

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