KURA SUSHI USA INC
For the period ended Nov 30, 2023. Filed Jan 4, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Nov 30, 2023 · Filed Jan 4, 2024
KRUS$27.38-26.1%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Balance Sheets
(amounts in thousands, except par value)
| November 30, 2023 | August 31, 2023 | |
|---|---|---|
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $64,161 | $69,697 |
| Short-term investments | 7,046 | 8,542 |
| Accounts and other receivables | 4,865 | 5,048 |
| Inventories | 1,771 | 1,747 |
| Due from affiliate | 1 | 104 |
| Prepaid expenses and other current assets | 4,204 | 4,233 |
| Total current assets | 82,048 | 89,371 |
| Non-current assets: | ||
| Property and equipment – net | 114,346 | 106,427 |
| Operating lease right-of-use assets | 107,853 | 103,884 |
| Deposits and other assets | 5,050 | 4,977 |
| Total assets | $309,297 | $304,659 |
| Liabilities and stockholders' equity | ||
| Current liabilities: | ||
| Accounts payable | $8,871 | $7,248 |
| Accrued expenses and other current liabilities | 3,429 | 2,751 |
| Salaries and wages payable | 6,167 | 7,595 |
| Finance leases – current | 52 | 70 |
| Operating lease liabilities – current | 10,457 | 9,225 |
| Due to affiliate | 359 | 555 |
| Sales tax payable | 1,774 | 1,694 |
| Total current liabilities | 31,109 | 29,138 |
| Non-current liabilities: | ||
| Finance leases – non-current | 22 | 31 |
| Operating lease liabilities – non-current | 113,773 | 110,234 |
| Other liabilities | 652 | 615 |
| Total liabilities | 145,556 | 140,018 |
| Commitments and contingencies (Note 8) | ||
| Stockholders' equity: | ||
| Preferred stock, $0.001 par value; 1,000 shares authorized, no shares issued or outstanding | — | — |
| Class A common stock, $0.001 par value; 50,000 shares authorized, 10,155 and 10,147 shares issued and outstanding as of November 30, 2023 and August 31, 2023, respectively | 10 | 10 |
| Class B common stock, $0.001 par value; 10,000 shares authorized, 1,000 shares issued and outstanding as of November 30, 2023 and August 31, 2023 | 1 | 1 |
| Additional paid-in capital | 189,915 | 188,771 |
| Accumulated deficit | (26,231) | (24,184) |
| Accumulated other comprehensive income | 46 | 43 |
| Total stockholders' equity | 163,741 | 164,641 |
| Total liabilities and stockholders' equity | $309,297 | $304,659 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.