NOBLE ROMANS INC (NROM) Form 10-Q — Jun 29, 2026
Noble Roman's reported revenue of $3.9 million for the first quarter of 2026, an increase from $3.76 million in the prior year period. Net income rose to $232,530, or $0.01 per share, compared to $130,633 in the same period last year, driven by growth in both franchising and company-owned restaurant segments. The company faces liquidity pressure with a current ratio of 0.43-to-1 as of March 31, 2026. Subsequent to the quarter end, the company entered into a new five-year term loan agreement with Lake Forest Bank and Trust for $6.9 million to repay the outstanding balance to Corbel Capital Partners and cancel associated warrants.
Key figures
- Revenue
- 3904046
- Net Income
- 232530
- Cash Position
- 539321
- Current Ratio
- 0.43-to-1
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