KURA SUSHI USA INC
For the period ended Aug 31, 2024. Filed Nov 8, 2024.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Nov 8, 2024
KRUS$30.52+11.5%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Balance Sheets
(amounts in thousands, except par value)
| As of August 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $50,986 | $69,697 |
| Short-term investments | — | 8,542 |
| Accounts and other receivables | 4,573 | 5,048 |
| Inventories | 2,219 | 1,747 |
| Due from affiliate | 166 | 104 |
| Prepaid expenses and other current assets | 3,391 | 4,233 |
| Total current assets | 61,335 | 89,371 |
| Non-current assets: | ||
| Property and equipment – net | 138,589 | 106,427 |
| Operating lease right-of-use assets | 123,682 | 103,884 |
| Deposits and other assets | 4,916 | 4,977 |
| Total assets | $328,522 | $304,659 |
| Liabilities and stockholders' equity | ||
| Current liabilities: | ||
| Accounts payable | $8,977 | $7,248 |
| Accrued expenses and other current liabilities | 4,261 | 2,821 |
| Salaries and wages payable | 8,310 | 7,595 |
| Operating lease liabilities – current | 10,674 | 9,225 |
| Due to affiliate | 373 | 555 |
| Sales tax payable | 1,904 | 1,694 |
| Total current liabilities | 34,499 | 29,138 |
| Non-current liabilities: | ||
| Operating lease liabilities – non-current | 130,677 | 110,234 |
| Other liabilities | 808 | 646 |
| Total liabilities | 165,984 | 140,018 |
| Commitments and contingencies (Note 11) | ||
| 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 authorized, 10,253 and 10,147 issued and outstanding as of August 31, 2024 and August 31, 2023, respectively | 10 | 10 |
| Class B common stock, $0.001 par value; 10,000 authorized, 1,000 issued and outstanding as of August 31, 2024 and August 31, 2023 | 1 | 1 |
| Additional paid-in capital | 195,515 | 188,771 |
| Accumulated deficit | (32,988) | (24,184) |
| Accumulated other comprehensive income | — | 43 |
| Total stockholders' equity | 162,538 | 164,641 |
| Total liabilities and stockholders' equity | $328,522 | $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.