Reborn Coffee Inc
For the period ended Dec 31, 2023. Filed Mar 28, 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.
FY2023 · Filed Mar 28, 2024
REBN$1.19-1.7%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Statements of Operations
| Years Ended December 31, | 2023 | 2022 |
|---|---|---|
| Net revenues: | ||
| Stores | $5,712,630 | $3,184,491 |
| Wholesale and online | 241,356 | 56,032 |
| Total net revenues | 5,953,986 | 3,240,523 |
| Operating costs and expenses: | ||
| Product, food and drink costs—stores | 1,758,494 | 1,092,573 |
| Cost of sales—wholesale and online | 105,714 | 24,542 |
| General and administrative | 7,967,856 | 5,663,950 |
| Total operating costs and expenses | 9,832,064 | 6,781,065 |
| Loss from operations | (3,878,078) | (3,540,542) |
| Other income (expense): | ||
| Other income (expense) | (6,283) | 16,440 |
| Interest expense | (129,480) | (29,195) |
| Gain on the sale of building | 16,955 | - |
| Total other income (expense), net | (118,808) | (12,755) |
| Loss before income taxes | (3,996,886) | (3,553,297) |
| Provision for income taxes | 800 | 1,600 |
| Net loss | $(3,997,686) | $(3,554,897) |
| Loss per share: | ||
| Basic and diluted | $(0.30) | $(0.29) |
| Weighted average number of common shares outstanding: | ||
| Basic and diluted | 13,230,613 | 12,173,031 |
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