NOODLES & Co
For the period ended Jun 30, 2026. Filed Jul 24, 2026.
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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.
Jun 30, 2026 · Filed Jul 24, 2026
NDLS$13.90-1.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets
(in thousands, except share and per share data)
| June 30,2026 | December 30,2025 | |
|---|---|---|
| (unaudited) | ||
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $1,299 | $1,265 |
| Accounts receivable | 4,789 | 4,064 |
| Inventories | 9,306 | 10,218 |
| Prepaid expenses and other assets | 2,803 | 3,034 |
| Income tax receivable | 327 | 312 |
| Total current assets | 18,524 | 18,893 |
| Property and equipment, net | 94,401 | 107,359 |
| Operating lease assets, net | 114,220 | 126,319 |
| Goodwill | 7,154 | 7,154 |
| Intangibles, net | 396 | 420 |
| Other assets, net | 1,079 | 1,526 |
| Total long-term assets | 217,250 | 242,778 |
| Total assets | $235,774 | $261,671 |
| Liabilities and Stockholders’ Deficit | ||
| Current liabilities: | ||
| Accounts payable | $16,592 | $16,545 |
| Accrued payroll and benefits | 9,846 | 7,235 |
| Accrued expenses and other current liabilities | 10,457 | 11,808 |
| Current operating lease liabilities | 26,077 | 26,257 |
| Total current liabilities | 62,972 | 61,845 |
| Long-term debt, net | 104,406 | 108,776 |
| Long-term operating lease liabilities, net | 112,050 | 126,924 |
| Deferred tax liabilities, net | 343 | 316 |
| Other long-term liabilities | 7,019 | 9,115 |
| Total liabilities | 286,790 | 306,976 |
| Stockholders’ deficit: | ||
| Preferred stock—$0.01 par value, 1,000,000 shares authorized and undesignated as of June 30, 2026 and December 30, 2025; no shares issued or outstanding | — | — |
| Common stock—$0.01 par value, 180,000,000 shares authorized as of June 30, 2026 and December 30, 2025; 6,269,645 issued and 5,966,661 outstanding as of June 30, 2026 and 6,155,333 issued and 5,852,349 outstanding as of December 30, 2025 (1) | 63 | 62 |
| Treasury stock, at cost, 302,984 shares as of June 30, 2026 and December 30, 2025 (1) | (35,000) | (35,000) |
| Additional paid-in capital | 218,314 | 216,658 |
| Accumulated deficit | (234,393) | (227,025) |
| Total stockholders’ deficit | (51,016) | (45,305) |
| Total liabilities and stockholders’ deficit | $235,774 | $261,671 |
(1) Shares have been retroactively adjusted to reflect the decreased number of shares resulting from a 1-for-8 reverse stock split effectuated on February 18, 2026.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.