2024 Q1 Form 10-K Financial Statement

#000121390024026917 Filed on March 28, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $1.518M $1.798M $5.954M
YoY Change 35.26% 108.97% 83.74%
Cost Of Revenue $381.4K $511.7K $1.864M
YoY Change 6461.77% 74.71% 7496.0%
Gross Profit $1.137M $1.287M $4.090M
YoY Change 1.81% 126.64% 27.17%
Gross Profit Margin 74.88% 71.55% 68.69%
Selling, General & Admin $2.000M $2.281M $7.968M
YoY Change 17.34% 33.46% 40.68%
% of Gross Profit 175.97% 177.25% 194.82%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $63.33K $63.37K $262.0K
YoY Change 12.89% -1.15% 24.41%
% of Gross Profit 5.57% 4.92% 6.41%
Operating Expenses $2.000M $2.281M $7.968M
YoY Change 17.34% 33.46% 40.68%
Operating Profit -$863.6K -$994.0K -$3.878M
YoY Change -9.28% -12.9% 9.53%
Interest Expense -$134.8K -$4.510K -$129.5K
YoY Change -1204.48% -144.17% -543.5%
% of Operating Profit
Other Income/Expense, Net -$127.0K -$6.280K -$6.280K
YoY Change -138.2%
Pretax Income -$990.5K -$998.0K -$3.997M
YoY Change 2.74% -11.76% 12.48%
Income Tax -$7.030K $800.00
% Of Pretax Income
Net Earnings -$990.5K -$991.0K -$3.998M
YoY Change 2.74% -12.5% 12.46%
Net Earnings / Revenue -65.25% -55.1% -67.14%
Basic Earnings Per Share -$0.60 -$0.30
Diluted Earnings Per Share -$0.60 -$0.60 -$2.42
COMMON SHARES
Basic Shares Outstanding 2.716M shares 13.23M shares
Diluted Shares Outstanding 1.654M shares 13.23M shares

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $70.25K $676.5K $676.5K
YoY Change -91.95% -77.59% -77.59%
Cash & Equivalents $70.25K $676.5K $676.5K
Short-Term Investments
Other Short-Term Assets $2.234M $774.0K $774.0K
YoY Change 64.59% 61.97% 61.97%
Inventory $266.7K $166.3K $166.3K
Prepaid Expenses
Receivables $192.7K $47.36K $47.36K
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.693M $1.664M $1.664M
YoY Change -28.21% -54.16% -54.16%
LONG-TERM ASSETS
Property, Plant & Equipment $4.418M $6.328M $6.328M
YoY Change 121.27% 300.05% 37.79%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $419.5K $1.008M $1.008M
YoY Change 78.38% 328.82% 328.82%
Total Long-Term Assets $9.188M $7.336M $7.336M
YoY Change 58.22% 51.97% 51.97%
TOTAL ASSETS
Total Short-Term Assets $1.693M $1.664M $1.664M
Total Long-Term Assets $9.188M $7.336M $7.336M
Total Assets $10.88M $9.000M $9.000M
YoY Change 33.26% 6.42% 6.42%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $513.0K $399.4K $399.4K
YoY Change 324.61% 354.79% 354.79%
Accrued Expenses $724.7K $1.446M $1.446M
YoY Change -30.93% 68.59% 68.59%
Deferred Revenue
YoY Change
Short-Term Debt $909.0K $300.0K $300.0K
YoY Change
Long-Term Debt Due $805.7K $867.1K $867.1K
YoY Change 3473.79% 2784.53% 620.17%
Total Short-Term Liabilities $3.927M $3.013M $3.013M
YoY Change 205.88% 182.59% 182.59%
LONG-TERM LIABILITIES
Long-Term Debt $844.9K $856.7K $856.7K
YoY Change 48.33% 49.02% 49.02%
Other Long-Term Liabilities $3.537M $3.557M $3.557M
YoY Change 18.33% 40.59% 40.59%
Total Long-Term Liabilities $4.382M $4.414M $4.414M
YoY Change 23.13% 42.15% 42.15%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.927M $3.013M $3.013M
Total Long-Term Liabilities $4.382M $4.414M $4.414M
Total Liabilities $8.309M $7.427M $7.427M
YoY Change 71.58% 78.05% 78.05%
SHAREHOLDERS EQUITY
Retained Earnings -$17.75M -$16.03M
YoY Change 36.56% 33.23%
Common Stock $285.00 $1.493K
YoY Change -78.34% 13.45%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.571M $1.574M $1.574M
YoY Change
Total Liabilities & Shareholders Equity $10.88M $9.000M $9.000M
YoY Change 33.26% 6.42% 6.42%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income -$990.5K -$991.0K -$3.998M
YoY Change 2.74% -12.5% 12.46%
Depreciation, Depletion And Amortization $63.33K $63.37K $262.0K
YoY Change 12.89% -1.15% 24.41%
Cash From Operating Activities -$1.934M $199.8K -$2.791M
YoY Change 16.27% -115.37% -15.35%
INVESTING ACTIVITIES
Capital Expenditures $987.0K $272.9K $1.019M
YoY Change 109.62% -21.65% 49.57%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$987.0K -$272.9K -$1.019M
YoY Change 109.62% -21.65% 49.57%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00 $0.00
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $2.827M 385.6K 1.468M
YoY Change -24105.1% -718.23% -75.91%
NET CHANGE
Cash From Operating Activities -$1.934M 199.8K -2.791M
Cash From Investing Activities -$987.0K -272.9K -1.019M
Cash From Financing Activities $2.827M 385.6K 1.468M
Net Change In Cash -$94.05K 312.5K -2.343M
YoY Change -95.62% -118.26% -210.81%
FREE CASH FLOW
Cash From Operating Activities -$1.934M $199.8K -$2.791M
Capital Expenditures $987.0K $272.9K $1.019M
Free Cash Flow -$2.921M -$73.09K -$3.810M
YoY Change 36.86% -95.57% -4.23%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2022 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
usd
CY2023 dei Document Type
DocumentType
10-K
CY2023 dei Document Annual Report
DocumentAnnualReport
true
CY2023 dei Document Period End Date
DocumentPeriodEndDate
2023-12-31
CY2023 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2023 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
CY2023 dei Document Transition Report
DocumentTransitionReport
false
CY2023 dei Entity File Number
EntityFileNumber
001-39727
CY2023 dei Entity Registrant Name
EntityRegistrantName
REBORN COFFEE, INC.
CY2023 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
CY2023 dei Entity Tax Identification Number
EntityTaxIdentificationNumber
47-4752305
CY2023 dei Entity Address Address Line1
EntityAddressAddressLine1
580 N. Berry Street
CY2023 dei Entity Address City Or Town
EntityAddressCityOrTown
Brea
CY2023 dei Entity Address Country
EntityAddressCountry
CA
CY2023 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
92821
CY2023 dei City Area Code
CityAreaCode
(714)
CY2023 dei Local Phone Number
LocalPhoneNumber
784-6369
CY2023 dei Security12b Title
Security12bTitle
Shares of Common Stock, $0.0001 par value per share
CY2023 dei Trading Symbol
TradingSymbol
REBN
CY2023 dei Security Exchange Name
SecurityExchangeName
NASDAQ
CY2023 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
No
CY2023 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2023 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2023 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2023 dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
CY2023 dei Entity Small Business
EntitySmallBusiness
true
CY2023 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2023 dei Icfr Auditor Attestation Flag
IcfrAuditorAttestationFlag
false
CY2023 dei Document Fin Stmt Error Correction Flag
DocumentFinStmtErrorCorrectionFlag
false
CY2023 dei Entity Shell Company
EntityShellCompany
false
CY2023Q2 dei Entity Public Float
EntityPublicFloat
27855356 usd
CY2024Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
2716373 shares
CY2023Q4 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2023Q4 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2023Q4 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2023Q4 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2023 dei Auditor Name
AuditorName
BF Borgers CPA PC
CY2023 dei Auditor Firm
AuditorFirmId
5041
CY2023 dei Auditor Location
AuditorLocation
Lakewood
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
676448 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
3019035 usd
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
0 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
0 usd
CY2023Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
47361 usd
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
780 usd
CY2023Q4 us-gaap Inventory Net
InventoryNet
166281 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
132343 usd
CY2023Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
773949 usd
CY2022Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
477850 usd
CY2023Q4 us-gaap Assets Current
AssetsCurrent
1664039 usd
CY2022Q4 us-gaap Assets Current
AssetsCurrent
3630008 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2100146 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1581805 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
4227815 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
3010564 usd
CY2023Q4 us-gaap Other Assets
OtherAssets
1008419 usd
CY2022Q4 us-gaap Other Assets
OtherAssets
235164 usd
CY2023Q4 us-gaap Assets
Assets
9000419 usd
CY2022Q4 us-gaap Assets
Assets
8457541 usd
CY2023Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
399346 usd
CY2022Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
87809 usd
CY2023Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
598468 usd
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
233053 usd
CY2023Q4 us-gaap Notes Payable Current
NotesPayableCurrent
791353 usd
CY2022Q4 us-gaap Notes Payable Current
NotesPayableCurrent
44664 usd
CY2023Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
300000 usd
CY2023Q4 rebn Loan Payable Emergency Injury Disaster Loan Eidl Current
LoanPayableEmergencyInjuryDisasterLoanEIDLCurrent
30060 usd
CY2022Q4 rebn Loan Payable Emergency Injury Disaster Loan Eidl Current
LoanPayableEmergencyInjuryDisasterLoanEIDLCurrent
30060 usd
CY2023Q4 rebn Loan Payable Payroll Protection Program Ppp Current
LoanPayablePayrollProtectionProgramPPPCurrent
45678 usd
CY2022Q4 rebn Loan Payable Payroll Protection Program Ppp Current
LoanPayablePayrollProtectionProgramPPPCurrent
45678 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
847990 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
624892 usd
CY2023Q4 us-gaap Liabilities Current
LiabilitiesCurrent
3012895 usd
CY2022Q4 us-gaap Liabilities Current
LiabilitiesCurrent
1066156 usd
CY2023Q4 us-gaap Long Term Loans From Bank
LongTermLoansFromBank
335147 usd
CY2022Q4 us-gaap Long Term Loans From Bank
LongTermLoansFromBank
6234 usd
CY2023Q4 rebn Loan Payable Emergency Injury Disaster Loan Eidl Non Current
LoanPayableEmergencyInjuryDisasterLoanEIDLNonCurrent
469940 usd
CY2022Q4 rebn Loan Payable Emergency Injury Disaster Loan Eidl Non Current
LoanPayableEmergencyInjuryDisasterLoanEIDLNonCurrent
469940 usd
CY2023Q4 rebn Loanpayablepayrollprotectionprogram Ppp Non Current
LoanpayablepayrollprotectionprogramPPPNonCurrent
51595 usd
CY2022Q4 rebn Loanpayablepayrollprotectionprogram Ppp Non Current
LoanpayablepayrollprotectionprogramPPPNonCurrent
98697 usd
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
3556999 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
2529985 usd
CY2023Q4 us-gaap Liabilities
Liabilities
7426576 usd
CY2022Q4 us-gaap Liabilities
Liabilities
4171012 usd
CY2023Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2023Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
40000000 shares
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
40000000 shares
CY2023Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
14929390 shares
CY2023Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
14929390 shares
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
13162723 shares
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
13162723 shares
CY2023Q4 us-gaap Common Stock Value
CommonStockValue
1493 usd
CY2022Q4 us-gaap Common Stock Value
CommonStockValue
1316 usd
CY2023Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2022Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2023Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000 shares
CY2022Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000 shares
CY2023Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
17601837 usd
CY2022Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
16317014 usd
CY2023Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-16029487 usd
CY2022Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-12031801 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
1573843 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
4286529 usd
CY2023Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
9000419 usd
CY2022Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
8457541 usd
CY2023 rebn Proceeds From Stores
ProceedsFromStores
5712630 usd
CY2022 rebn Proceeds From Stores
ProceedsFromStores
3184491 usd
CY2023 rebn Proceeds From Wholesaleand Online
ProceedsFromWholesaleandOnline
241356 usd
CY2022 rebn Proceeds From Wholesaleand Online
ProceedsFromWholesaleandOnline
56032 usd
CY2023 us-gaap Revenues
Revenues
5953986 usd
CY2022 us-gaap Revenues
Revenues
3240523 usd
CY2023 rebn Product Food And Drink Costsstores
ProductFoodAndDrinkCostsstores
1758494 usd
CY2022 rebn Product Food And Drink Costsstores
ProductFoodAndDrinkCostsstores
1092573 usd
CY2023 rebn Cost Of Saleswholesale And Online
CostOfSaleswholesaleAndOnline
105714 usd
CY2022 rebn Cost Of Saleswholesale And Online
CostOfSaleswholesaleAndOnline
24542 usd
CY2023 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
7967856 usd
CY2022 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
5663950 usd
CY2023 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
9832064 usd
CY2022 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
6781065 usd
CY2023 us-gaap Operating Income Loss
OperatingIncomeLoss
-3878078 usd
CY2022 us-gaap Operating Income Loss
OperatingIncomeLoss
-3540542 usd
CY2023 us-gaap Other Income
OtherIncome
-6283 usd
CY2022 us-gaap Other Income
OtherIncome
16440 usd
CY2023 us-gaap Interest Expense
InterestExpense
129480 usd
CY2022 us-gaap Interest Expense
InterestExpense
29195 usd
CY2023 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
16955 usd
CY2023 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-118808 usd
CY2022 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-12755 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-3996886 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-3553297 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
800 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1600 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
-3997686 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-3554897 usd
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.3
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.29
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
13230613 shares
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
12173031 shares
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
1198295 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-3554897 usd
CY2022 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
441000 usd
CY2022 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
7200000 usd
CY2022 us-gaap Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
-997870 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
4286529 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
-3997686 usd
CY2023 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
285000 usd
CY2023 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
1000000 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
1573843 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
-3997686 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-3554897 usd
CY2023 us-gaap Share Based Compensation
ShareBasedCompensation
285000 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
441001 usd
CY2023 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
271854 usd
CY2022 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
21065 usd
CY2023 us-gaap Depreciation
Depreciation
262019 usd
CY2022 us-gaap Depreciation
Depreciation
210616 usd
CY2023 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
46581 usd
CY2022 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
780 usd
CY2023 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
33938 usd
CY2022 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
43466 usd
CY2023 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1069354 usd
CY2022 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
521176 usd
CY2023 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
311537 usd
CY2022 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
42062 usd
CY2023 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
1226193 usd
CY2022 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
108518 usd
CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-2790956 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-3297058 usd
CY2023 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1019353 usd
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
681531 usd
CY2023 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1019353 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-681531 usd
CY2022 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
7200000 usd
CY2022 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
997870 usd
CY2023 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
1000000 usd
CY2022 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
685961 usd
CY2022 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
685961 usd
CY2023 us-gaap Proceeds From Short Term Debt
ProceedsFromShortTermDebt
514824 usd
CY2022 us-gaap Proceeds From Short Term Debt
ProceedsFromShortTermDebt
262215 usd
CY2023 us-gaap Repayments Of Debt
RepaymentsOfDebt
47102 usd
CY2022 us-gaap Repayments Of Debt
RepaymentsOfDebt
355783 usd
CY2022 us-gaap Repayments Of Other Short Term Debt
RepaymentsOfOtherShortTermDebt
15989 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1467722 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
6092573 usd
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-2342587 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
2113984 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
3019035 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
905051 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
676448 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
3019035 usd
CY2023 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
1000000 usd
CY2023 us-gaap Stock Issued1
StockIssued1
285000 usd
CY2022 us-gaap Stock Issued1
StockIssued1
441000 usd
CY2023 us-gaap Interest Paid Net
InterestPaidNet
129000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
8500 usd
CY2023 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
800 usd
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1600 usd
CY2023 rebn Lease Liabilities
LeaseLiabilities
1240000 usd
CY2022 rebn Lease Liabilities
LeaseLiabilities
903000 usd
CY2023 us-gaap Nature Of Operations
NatureOfOperations
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b>1. NATURE OF OPERATIONS</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b> </b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">Reborn Coffee, Inc. (“Reborn”) was incorporated in the State of Florida in January 2018. In July 2022, Reborn was migrated from Florida to Delaware, and filed a certificate of incorporation with the Secretary of State of the State of Delaware having the same capitalization structure as the Florida predecessor entity. Reborn has the following wholly owned subsidiaries:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 38.5pt; text-align: justify; text-indent: -0.25in"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%"><tr style="vertical-align: top; text-align: justify"> <td style="width: 0.5in"></td><td style="width: 0.25in; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">●</span></td><td style="text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Reborn Global Holdings, Inc.</i></b> (“Reborn Holdings”), a California Corporation incorporated in November 2014. Reborn Holdings is engaged in the operation of wholesale distribution and retail coffee stores in California to sell a variety of coffee, tea, Reborn brand name water and other beverages along with bakery and dessert products.</span></td> </tr></table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 38.5pt; text-align: justify; text-indent: -0.25in"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.5in"> </td> <td style="width: 0.25in; font-size: 10pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">●</span></td> <td style="text-align: justify; font-size: 10pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Reborn Coffee Franchise, LLC</i></b> (the “Reborn Coffee Franchise”), a California limited liability corporation formed in December 2020, is a franchisor providing premier roaster specialty coffee to franchisees or customers. Reborn Coffee Franchise continues to develop the Reborn Coffee system for the establishment and operation of Reborn Coffee stores using one or more Reborn Coffee marks. Reborn Coffee Franchise does not have any franchisee as of December 31, 2023.</span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%"><tr style="vertical-align: top; text-align: justify"> <td style="width: 0.5in"></td><td style="width: 0.25in; text-align: left">●</td><td style="text-align: justify"><b><i>Reborn Realty, LLC</i></b> (the “Reborn Realty”), a California limited liability corporation formed in March 2023, is an entity which acquired a real property located at 596 Apollo Street, Brea, California.</td> </tr></table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Reborn Coffee, Inc., Reborn Global Holdings, Inc., Reborn Coffee Franchise, LLC, and Reborn Realty, LLC will be collectively referred as the “Company”.</p>
CY2023Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-16029487 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
-3997686 usd
CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-2790956 usd
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in"><b><i>Use of Estimates</i></b></p><p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0 0pt 0.5in">The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States (“U.S. GAAP”) requires the Company to make estimates and assumptions that affect the amounts reported in our consolidated financial statements and the accompanying notes. Such estimates include accounts receivables, accrued liabilities, income taxes, long-lived assets, and deferred tax valuation allowances. These estimates generally involve complex issues and require management to make judgments, involve analysis of historical and future trends that can require extended periods of time to resolve, and are subject to change from period to period. In all cases, actual results could differ materially from estimates.</p>
CY2023 us-gaap Royalty Income Nonoperating
RoyaltyIncomeNonoperating
0 usd
CY2022 us-gaap Royalty Income Nonoperating
RoyaltyIncomeNonoperating
0 usd
CY2023 us-gaap Advertising Expense
AdvertisingExpense
71072 usd
CY2022 us-gaap Advertising Expense
AdvertisingExpense
52688 usd
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
0 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
0 usd
CY2023 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 pure
CY2023 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in"><b><i>Concentration of Credit Risk</i></b></p><p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0 0pt 0.5in">Financial instruments that potentially subject the Company to concentrations of credit risk are accounts receivable arising from its normal business activities. The Company performs ongoing credit evaluations to its customers and establishes allowances when appropriate.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">The Company purchases from various vendors for its operations. For the years ended December 31, 2023 and 2022, no purchases from any vendors accounted for a significant amount of the Company’s bean coffee purchases.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in"> </p>
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
3233303 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
2452943 usd
CY2023Q4 us-gaap Property Plant And Equipment Owned Accumulated Depreciation
PropertyPlantAndEquipmentOwnedAccumulatedDepreciation
1133157 usd
CY2022Q4 us-gaap Property Plant And Equipment Owned Accumulated Depreciation
PropertyPlantAndEquipmentOwnedAccumulatedDepreciation
871138 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2100146 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1581805 usd
CY2023Q4 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
960777 usd
CY2023Q4 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
845484 usd
CY2023Q4 us-gaap Secured Long Term Debt
SecuredLongTermDebt
1005442 usd
CY2023Q4 us-gaap Loans Payable To Bank Current
LoansPayableToBankCurrent
791353 usd
CY2022Q4 us-gaap Loans Payable To Bank Current
LoansPayableToBankCurrent
44664 usd
CY2023Q4 us-gaap Long Term Loans From Bank
LongTermLoansFromBank
335147 usd
CY2022Q4 us-gaap Long Term Loans From Bank
LongTermLoansFromBank
6234 usd
CY2023Q4 us-gaap Investment Owned Underlying Face Amount At Market Value
InvestmentOwnedUnderlyingFaceAmountAtMarketValue
300000 usd
CY2023Q4 us-gaap Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
9000 usd
CY2023Q4 rebn Total Longterm Loan Payable Emergency Injury Disaster Loan Eidl
TotalLongtermLoanPayableEmergencyInjuryDisasterLoanEIDL
500000 usd
CY2022Q4 rebn Total Longterm Loan Payable Emergency Injury Disaster Loan Eidl
TotalLongtermLoanPayableEmergencyInjuryDisasterLoanEIDL
500000 usd
CY2023Q4 rebn Loan Payable Emergency Injury Disaster Loan Eidl Current
LoanPayableEmergencyInjuryDisasterLoanEIDLCurrent
30060 usd
CY2022Q4 rebn Loan Payable Emergency Injury Disaster Loan Eidl Current
LoanPayableEmergencyInjuryDisasterLoanEIDLCurrent
30060 usd
CY2023Q4 rebn Loan Payable Emergency Injury Disaster Loan Eidl Non Current
LoanPayableEmergencyInjuryDisasterLoanEIDLNonCurrent
469940 usd
CY2022Q4 rebn Loan Payable Emergency Injury Disaster Loan Eidl Non Current
LoanPayableEmergencyInjuryDisasterLoanEIDLNonCurrent
469940 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
30060 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
30060 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
30060 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
30060 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
30060 usd
CY2023Q4 us-gaap Long Term Debt Maturing In Years Four And Five
LongTermDebtMaturingInYearsFourAndFive
349700 usd
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
500000 usd
CY2020Q2 us-gaap Grants Receivable
GrantsReceivable
10000 usd
us-gaap Interest Expense Debt
InterestExpenseDebt
10000 usd
CY2023Q4 us-gaap Loans Payable
LoansPayable
97273 usd
CY2022Q4 us-gaap Loans Payable
LoansPayable
144375 usd
CY2023Q4 rebn Loan Payable Payroll Protection Program Ppp Current
LoanPayablePayrollProtectionProgramPPPCurrent
45678 usd
CY2022Q4 rebn Loan Payable Payroll Protection Program Ppp Current
LoanPayablePayrollProtectionProgramPPPCurrent
45678 usd
CY2023Q4 rebn Loanpayablepayrollprotectionprogram Ppp Non Current
LoanpayablepayrollprotectionprogramPPPNonCurrent
51595 usd
CY2022Q4 rebn Loanpayablepayrollprotectionprogram Ppp Non Current
LoanpayablepayrollprotectionprogramPPPNonCurrent
98697 usd
CY2023 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
800 usd
CY2022 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
1600 usd
CY2023 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
800 usd
CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
1600 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
800 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1600 usd
CY2023 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
CY2023 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.0698 pure
CY2022 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.0698 pure
CY2023 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0 pure
CY2022 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0 pure
CY2023 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.2798 pure
CY2022 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.2798 pure
CY2023 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0 pure
CY2022 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0 pure
CY2023Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
3354545 usd
CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
2515031 usd
CY2023Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
3354545 usd
CY2022Q3 rebn Common Stock Sold Offering Percentage
CommonStockSoldOfferingPercentage
0.15 pure
CY2022Q3 rebn Percentage Of Warrants Exercisable
PercentageOfWarrantsExercisable
1.25 pure
CY2023 us-gaap Share Based Compensation
ShareBasedCompensation
285000 usd
CY2022Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
2515031 usd
CY2023Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2018Q2 rebn Equity Method Investment Ownership Percentage1
EquityMethodInvestmentOwnershipPercentage1
0.05 pure
CY2018Q2 rebn Common Stock Sold Offering Percentage
CommonStockSoldOfferingPercentage
0.05 pure
CY2021Q4 us-gaap Shares Issued
SharesIssued
325495 shares
CY2022Q3 us-gaap Shares Issued Price Per Share
SharesIssuedPricePerShare
5
CY2022Q3 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
7200000 usd
CY2022Q3 us-gaap Proceeds From Debt Net Of Issuance Costs
ProceedsFromDebtNetOfIssuanceCosts
6200000 usd
CY2022Q3 us-gaap Other Expenses
OtherExpenses
998000 usd
CY2022Q3 us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
216000 shares
CY2023Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
3354545 usd
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
2515031 usd
CY2023Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
3355000 usd
CY2023 us-gaap Investment Company Investment Income Loss Ratio
InvestmentCompanyInvestmentIncomeLossRatio
0.80 pure
CY2023Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards Foreign
DeferredTaxAssetsOperatingLossCarryforwardsForeign
3354545 usd
CY2022Q4 rebn Units Of Square Feet
UnitsOfSquareFeet
1734 sqft
CY2023Q4 us-gaap Retail Land Sales Receivables Stated Interest Rate
RetailLandSalesReceivablesStatedInterestRate
0.10 pure
CY2023 us-gaap Operating Lease Cost
OperatingLeaseCost
1256022 usd
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
899304 usd
CY2023 us-gaap Lease Cost
LeaseCost
1256022 usd
CY2022 us-gaap Lease Cost
LeaseCost
899304 usd
CY2023 us-gaap Operating Lease Payments
OperatingLeasePayments
1240225 usd
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
903393 usd
CY2023 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
1240225 usd
CY2022 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
903393 usd
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y10M24D
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.106 pure
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
1240225 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
1277176 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
1143371 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
1082859 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
734407 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
1964365 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
7442402 usd
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y10M24D
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.106 pure
CY2023Q4 rebn Present Values
PresentValues
3154877 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
847990 usd
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
3556999 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
4404989 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
3037413 usd
CY2023Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
40000000 shares
CY2023Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2023 us-gaap Common Stock Voting Rights
CommonStockVotingRights
The shareholders of common stock shall be entitled to one vote per share and dividends declared by the Company’s Board of Directors.
CY2023Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000 shares
CY2023 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
usd
CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
usd
CY2023 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
-3997686 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-3554897 usd
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
13230613 shares
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
12173031 shares
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
13230613 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
12173031 shares
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.3
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.29
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.3
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.29
CY2024Q1 us-gaap Share Price
SharePrice
0.0001
CY2022Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
usd
CY2022 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
usd
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.29
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.30
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
12173031 shares
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
13230613 shares
CY2023 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
usd
CY2023 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
usd
CY2023 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
usd
CY2023 us-gaap Repayments Of Other Short Term Debt
RepaymentsOfOtherShortTermDebt
usd
CY2022Q4 us-gaap Secured Long Term Debt
SecuredLongTermDebt
usd
CY2023 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
usd
CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
usd
CY2023 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
usd
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
usd
CY2023Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
usd
CY2022Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
usd
CY2023Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
usd
CY2022Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
usd
CY2023 dei Amendment Flag
AmendmentFlag
false
CY2023 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2023 dei Entity Central Index Key
EntityCentralIndexKey
0001707910

Files In Submission

Name View Source Status
0001213900-24-026917-index-headers.html Edgar Link pending
0001213900-24-026917-index.html Edgar Link pending
0001213900-24-026917.txt Edgar Link pending
0001213900-24-026917-xbrl.zip Edgar Link pending
ea0201973-10k_reborn.htm Edgar Link pending
ea020197301ex21-1_reborn.htm Edgar Link pending
ea020197301ex31-1_reborn.htm Edgar Link pending
ea020197301ex31-2_reborn.htm Edgar Link pending
ea020197301ex32_reborn.htm Edgar Link pending
ea020197301ex4-3_reborn.htm Edgar Link pending
ea020197301ex97-1_reborn.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
rebn-20231231.xsd Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
rebn-20231231_pre.xml Edgar Link unprocessable
ea0201973-10k_reborn_htm.xml Edgar Link completed
FilingSummary.xml Edgar Link unprocessable
rebn-20231231_cal.xml Edgar Link unprocessable
rebn-20231231_def.xml Edgar Link unprocessable
rebn-20231231_lab.xml Edgar Link unprocessable