KURA SUSHI USA, INC.
For the period ended Feb 28, 2025. Filed Apr 8, 2025.
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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.
Feb 28, 2025 · Filed Apr 8, 2025
KRUS$27.96-8.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Statements of Cash Flows
(amounts in thousands)
| Six Months Ended | ||
|---|---|---|
| February 28, 2025 | February 29, 2024 | |
| Cash flows from operating activities | ||
| Net loss | $(4,742) | $(3,045) |
| Adjustments to reconcile net loss to net cash provided by operating activities | ||
| Depreciation and amortization | 6,596 | 5,381 |
| Stock-based compensation, net of amounts capitalized | 2,207 | 1,972 |
| Bond premium amortization | 155 | — |
| Changes in operating assets and liabilities: | ||
| Accounts and other receivables | 1,020 | (176) |
| Inventories | (135) | (126) |
| Due from affiliate | 152 | 72 |
| Prepaid expenses and other current assets | 375 | 834 |
| Deposits and other assets | 112 | 32 |
| Accounts payable | (829) | (946) |
| Accrued expenses and other current liabilities | 1,454 | 829 |
| Salaries and wages payable | (288) | (85) |
| Operating lease liabilities and assets | 2,915 | 1,704 |
| Due to affiliate | (6) | (12) |
| Sales tax payable | (363) | (216) |
| Net cash provided by operating activities | 8,623 | 6,218 |
| Cash flows from investing activities | ||
| Payments for property and equipment | (23,109) | (22,845) |
| Payments for initial direct costs | (135) | (174) |
| Purchases of liquor licenses | (891) | (120) |
| Purchases of investments | (25,261) | (3,500) |
| Maturities and redemptions of investments | 10,000 | 5,999 |
| Net cash used in investing activities | (39,396) | (20,640) |
| Cash flows from financing activities | ||
| Repayment of principal on finance leases | (36) | (44) |
| Taxes paid on vested restricted stock awards | (256) | (368) |
| Proceeds from exercise of stock options | 896 | 1,905 |
| Proceeds from the follow-on public offering, net of discounts and commissions | 64,626 | — |
| Payments of costs related to the follow-on offering | (272) | — |
| Net cash provided by financing activities | 64,958 | 1,493 |
| Increase/ (decrease) in cash and cash equivalents | 34,185 | (12,929) |
| Cash and cash equivalents, beginning of period | 50,986 | 69,697 |
| Cash and cash equivalents, end of period | $85,171 | $56,768 |
| Supplemental disclosures of cash flow information | ||
| Cash paid for income taxes | $34 | $112 |
| Noncash investing activities | ||
| Acquisition of finance leases | $114 | $28 |
| Amounts unpaid for purchases of property and equipment | $1,899 | $2,394 |
| Stock-based compensation capitalized to property and equipment, net | $47 | $142 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.