secwatch.observer — SEC 8-K summary
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Issuer:     NOBLE ROMANS INC (NROM)
CIK:        0000709005
Form:       8-K
Filed at:   2023-08-09T23:59:59+00:00
Accession:  0001654954-23-010331
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Noble Roman's Q2 net income $326K vs loss prior year; BT Brands lawsuit over director nomination
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- Net income of $326K ($0.02/share) for Q2 2023 vs net loss of $50K in Q2 2022.
- Total revenue $4.0M (+8% YoY); franchising revenue $1.4M (+29% YoY), CPP revenue $2.4M.
- Operating income $704K (Q2 2023) vs $282K (Q2 2022); net cash from ops $539K vs $151K.
- 43 new franchised units sold in H1 2023; 22 opened in H1 2023.
- BT Brands filed lawsuit Aug 3 over director nomination; Board urges shareholders not to return BT Brands proxy.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/709005/000165495423010331/0001654954-23-010331-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/709005/000165495423010331/nrom_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-23-010331

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