KURA SUSHI USA, INC.

Annual Trend FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash and cash equivalents $38.0m $9.3m $40.4m $35.8m $69.7m $51.0m $47.5m
Short-term investments $0 $8.5m $15.0m
Accounts and other receivables $2.1m $2.0m $2.5m $5.0m $4.6m $6.4m
Inventories $539k $367k $733k $1.1m $1.7m $2.2m $2.1m
Prepaid expenses and other current assets $1.7m $3.0m $14.0m $2.9m $4.2m $3.4m $4.3m
Total current assets $41.5m $14.8m $57.5m $42.4m $89.4m $61.3m $75.4m
Long-term investments $29.5m
Property and equipment – net $31.9m $45.5m $53.9m $75.6m $106.4m $138.6m $171.2m
Operating lease right-of-use assets $35.9m $56.1m $64.2m $80.0m $103.9m $123.7m $146.4m
Deposits and other assets $1.9m $1.9m $2.2m $3.4m $5.0m $4.9m $8.3m
Due from affiliate $226k $12k $329k $156k $104k $166k $126k
Accrued expenses and other current liabilities $1.6m $720k $2.8m $3.7m $2.8m $4.3m $4.1m
Salaries and wages payable $1.3m $1.8m $4.6m $6.0m $7.6m $8.3m $10.3m
Operating lease liabilities – current $3.6m $5.1m $5.7m $8.0m $9.2m $10.7m $14.1m
Due to affiliate $83k $201k $244k $285k $1.1m $746k $525k
Sales tax payable $547k $189k $869k $1.2m $1.7m $1.9m $2.2m
Operating lease liabilities – non-current $35.1m $56.9m $65.8m $82.3m $110.2m $130.7m $155.9m
Other liabilities $237k $342k $398k $483k $615k $808k $1.2m
Total assets $76.4m $118.4m $177.7m $201.4m $304.7m $328.5m $430.9m
Total liabilities and stockholders' equity $76.4m $118.4m $177.7m $201.4m $304.7m $328.5m $430.9m
Accounts payable $3.7m $4.9m $4.9m $5.6m $7.2m $9.0m $11.5m
Total current liabilities $8.3m $13.9m $20.0m $25.3m $29.1m $34.5m $42.8m
Total liabilities $14.2m $72.7m $86.8m $108.1m $140.0m $166.0m $199.9m
Common stock $8k $8k $10k $10k $11k $11k $12k
Additional paid-in capital $59.4m $60.3m $115.8m $119.0m $188.8m $195.5m $266.0m
Accumulated deficit $2.7m ($14.6m) ($24.9m) ($25.7m) ($24.2m) ($33.0m) ($34.9m)
Accumulated other comprehensive loss $43k $43k ($23k)
Total stockholders' equity $62.2m $45.7m $90.8m $93.3m $164.6m $162.5m $231.1m