Reborn Coffee, Inc.

Listed Company

REBNCIK 0001707910NasdaqNon-AcceleratedSmaller ReportingRetail-Eating PlacesDelawareFY ends Dec 31

Period

FY 2025

Revenue

$8.09M

Net Income

$-9.14M

Total Assets

$13.18M

Equity

$4.65M

Shares Out

8.21M

Op. Cash Flow

$-6.50M

Business

Reborn Coffee, Inc. is an operator and franchisor of retail locations and kiosks focused on specialty-roasted coffee and related beverage experiences. It offers roasted whole-bean coffee, single-serve pour over packs, cold brew concentrate, espresso-based beverages, handcrafted teas, and bakery items, and supplies packaged products through B2B and direct-to-consumer channels. Key business entities include Reborn Global Holdings (wholesale distribution and retail stores), Reborn Coffee Franchise, Reborn Realty, Reborn Korea and Reborn Malaysia. The company serves Southern California and international retail markets in South Korea and Malaysia and distributes via hotels, offices, e-commerce (including Amazon and reborncoffee.com) and wholesale channels.

Summary from filing dated 2025-03-31

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Total net revenues	8	6	6	3	2
Product, food and drink costs - stores, wholesale and online	2	2	2	1	821,713
Cost of service income subcontractors, related party	650,293	—	—	—	—
General and administrative	8	7	8	6	4
Professional fees	2	693,563	—	—	—
Stock compensation expense	1	787,213	—	—	—
Total operating costs and expenses	14	11	10	7	5
Loss from operations	−6	−5	−5	−4	−3
Other income	146,508	55,140	−8,942	—	—
Interest expense	−156,093	−215,140	−129,480	—	—
Interest expense - debt discount	−1	—	—	—	—
Gain on sale of property	45,673	—	—	—	—
Loss on debt extinguishment	−722,972	—	—	—	−982,383
Derivative expense	297,176	—	—	—	—
Asset impairment loss	−2	−25,602	—	—	—
Total other expenses, net	−3	−185,602	−174,516	−12,755	—
Loss before income taxes	−9	−5	−5	−4	−3
Provision for income taxes	109,279	800	7,828	1,600	800
Net loss	−9	−5	—	—	—
Net income attributable to non-controlling interest	134,149	—	—	—	—
Net loss attributable to Reborn Coffee shareholders	−9	−5	−5	−4	—
Net loss per common share attributable to Reborn Coffee shareholders, basic (in Dollars per share)	−1.73	−1.66	−2.86	−0.29	−0.32
Net loss per common share attributable to Reborn Coffee shareholders, diluted (in Dollars per share)	−1.73	−1.66	−2.86	−0.29	−0.32
Number of weighted average shares - basic (in Shares)	5	3	2	12	11
Number of weighted average shares - diluted (in Shares)	5	3	2	12	11

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Cash and cash equivalents	3	158,215	164,301	3	905,051
Accounts receivable, net of allowance for doubtful accounts of $75,689 and $0, respectively	946,996	67,309	56,938	780	—
Accounts receivable from related party	728,990	—	—	—	—
Inventories, net	58,435	169,615	185,061	132,343	88,877
Prepaid expense and other current assets	550,000	467,613	359,124	477,850	191,838
Loan receivable from related party	2	—	—	—	—
Total current assets	7	862,752	765,424	4	1
Property and equipment, net	3	4	3	2	1
Operating lease right-of-use asset	2	3	5	3	2
Long-term prepayment	1	—	—	—	—
Other assets	246,189	193,188	425,712	—	—
Total assets	13	8	9	8	5
Accounts payable	561,457	558,444	632,753	87,809	45,748
Accrued expenses and current liabilities	815,245	774,826	611,290	233,053	—
Loan payable to shareholder	70,000	—	—	—	—
Loans payable to financial institutions, current	109,247	111,300	791,352	—	—
Loans payable to others	279,026	427,073	609,027	—	—
Loan payable to related party	153,605	—	—	—	—
Convertible debt, net of debt discount of $2,330,246	3	—	—	—	—
Derivative liability	503,384	—	—	—	—
Loan payable, emergency injury disaster loan, current	22,452	30,060	—	—	—
Loan payable, payroll protection program, current	26,307	37,494	—	—	—
Operating lease liabilities, current	879,416	844,177	1	624,892	578,419
Total current liabilities	7	3	4	1	913,468
Loan payable, emergency injury disaster loan, net of current	469,940	469,940	469,940	—	—
Loan payable, payroll protection program, net of current	25,718	26,307	51,595	98,697	—
Operating lease liabilities, net of current	1	2	4	3	2
Total liabilities	9	5	8	4	4
Commitments and Contingencies (Note 13)	—	—	—	—	—
Common Stock, $0.0001 par value, 40,000,000 shares authorized; 7,850,601 and 4,274,508 shares issued and outstanding, respectively	785	428	187	1,316	1,163
Common stock issuable, $0.0001 par value, 170,000 and 294,000 shares issuable, respectively	850,000	1	—	—	—
Preferred Stock, $0.0001 par value, 1,000,000 shares authorized; no shares issued and outstanding	—	—	—	—	—
Additional paid-in capital	34	23	18	16	10
Accumulated deficit	−31	−22	−17	−12	−8
Accumulated other comprehensive income	—	21,091	—	—	—
Non-controlling interest in subsidiary	134,149	—	—	—	—
Total shareholders equity	5	3	846,406	—	—
Total liabilities and shareholders equity	13	8	9	8	5

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Operating lease	−26,252	−64,180	256,618	—	—
Loss on disposal of assets	−45,673	—	—	—	—
Depreciation	449,585	391,263	262,000	210,616	174,696
Decrease in accounts receivable	−2	−10,371	−56,158	−780	3,853
Increase in inventories	111,180	15,446	−52,718	−43,466	−73,598
Decrease in prepaid expense and other assets	−135,388	98,433	−71,822	−521,176	−132,059
Decrease in accounts payable	−907,915	−53,218	—	—	—
Increase in accrued expenses and liabilities	40,419	163,536	378,237	—	—
Net cash used in operating activities	−7	−3	−3	−3	−2
Acquisition of property and equipment	−51,195	−1	−2	−681,531	−348,224
Proceeds from sale of assets	75,000	132,157	—	—	—
Long-term prepayment	−1	—	—	—	—
Loan receivables from related party	−2	—	—	—	—
Net cash used in investing activities	−3	−977,217	−2	−681,531	−498,224
Net proceeds from loan payable to others	−148,045	−181,954	—	—	—
Net borrowings from related party	637,605	—	—	—	—
Proceeds from issuances of common stock	8	4	—	7	—
Proceeds from common stock issuable	—	1	—	—	—
Proceeds from loan payable to shareholder	70,000	−100,000	—	—	—
Borrowings from convertible debt	3	—	—	—	—
Repayments from loan payable to financial institutions	−2,053	−1	—	—	—
Repayments on loan payable to PPP	−19,384	−33,472	—	—	—
Net cash provided by financing activities	12	4	3	6	3
Net increase (decrease) in cash	2	−6,086	−3	2	776,483
Interest	75,215	134,781	129,000	8,500	16,172
Income taxes	109,279	1,600	800	1,600	800

Filings

Filing historySign up free to browse every 10-K, 10-Q, 8-K, and proxy this filer has submitted to the SEC.Sign up free · Upgrade to Pro

Material Events

Material EventsTrack every 8-K filing and material event — AI-summarized, timelined, and alertable.Sign up free · Upgrade to Pro

Insiders

Insider ActivitySee executive buy/sell windows and insider trade activity over rolling 30/90/365-day windows.Sign up free · Upgrade to Pro

Institutional Holders

Institutional HoldersSee which funds hold this stock and track position changes quarter over quarter.Sign up free · Upgrade to Pro