GEN Restaurant Group, Inc.
For the period ended Jun 30, 2026. Filed Aug 10, 2026.
View on SEC.govAbout this filing
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.
Jun 30, 2026 · Filed Aug 10, 2026
GENK$1.51+6.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Cash Flows
| Six Months Ended June 30, | ||
|---|---|---|
| (in thousands) | 2026 | 2025 |
| (unaudited) | ||
| Cash flows from operating activities | ||
| Net loss | $(11,832) | $(3,662) |
| Adjustments to reconcile net loss to cash provided by operating activities | ||
| Depreciation and amortization | 4,789 | 4,284 |
| Stock-based compensation | 1,468 | 1,468 |
| Amortization of operating lease assets | 3,647 | 3,235 |
| Loss on lease termination | 611 | — |
| Gain on deconsolidation of restaurants | (53) | — |
| Deferred tax expense | (440) | (268) |
| Changes in operating assets and liabilities: | ||
| Accounts receivable | 8,396 | 2,378 |
| Inventories | (898) | (173) |
| Income tax receivable | (91) | (563) |
| Prepaid expenses and other current assets | 1,645 | 1,385 |
| Other assets | 104 | (386) |
| Accounts payable | 1,721 | (284) |
| Accrued salaries and benefits | 484 | (282) |
| Accrued interest | (1) | 13 |
| Gift card liabilities | (7,922) | (3,092) |
| Other current liabilities | (477) | 2,014 |
| Operating lease liabilities | (1,977) | (587) |
| Net cash (used in) provided by operating activities | (826) | 5,480 |
| Cash flows from investing activities | ||
| Purchase of property and equipment | (5,318) | (16,467) |
| Net cash used in investing activities | (5,318) | (16,467) |
| Cash flows from financing activities | ||
| Payments on EIDL loans | (53) | (52) |
| Payments on finance leases | (4) | (9) |
| Payments on third party loans | (1,589) | (979) |
| Payment on line of credit | (2,500) | (3,000) |
| Proceeds from line of credit | 13,550 | — |
| Proceeds from third party loans | — | 2,000 |
| Payments under stock repurchase plan | — | (200) |
| Distributions paid on NCI | — | (831) |
| Dividends paid on common stock | — | (157) |
| Net cash provided by (used in) financing activities | 9,404 | (3,228) |
| Effects of exchange rate changes on cash | (154) | 150 |
| Net change in cash and cash equivalents | 3,106 | (14,065) |
| Cash and cash equivalents at beginning of period | 2,824 | 23,675 |
| Cash and cash equivalents at end of the period | $5,930 | $9,610 |
| Supplemental disclosures of other cash flow information: | ||
| Cash paid for interest | $225 | $114 |
| Cash paid for taxes | 3 | 291 |
| Non-cash investing and financing activities: | ||
| Reduction in accounts payable and accruals for purchases of property and equipment | 93 | 843 |
| Leased assets obtained in exchange for new operating lease liabilities | 9,472 | 13,717 |
| Effect of lease modification | (475) | — |
| Adjustments to tax liabilities and assets under TRA | — | 141 |
| Exchange of NCI for Class A common stock | 171 | 225 |
| Reclassification of ROU assets and property and equipment, net into assets held for sale | (11,710) | — |
| Reclassification of operating lease liabilities into liabilities held for sale | 14,701 | — |
| Reclassification of assets held for sale and liabilities held for sale into equity method investment | — | — |
(1)
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.