---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-24-006097"
form_type: "8-K"
ticker: "NROM"
cik: "0000709005"
company_name: "NOBLE ROMANS INC"
filed_at: "2024-05-13T23:59:59+00:00"
generated_at: "2026-06-02T02:55:43.918714+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Noble Roman's restates FY2022 financials; accounts payable understated by $1.16M

## Summary
- Previously issued 2022 financial statements should no longer be relied upon due to prior-period error.
- Accounts payable restated from $650,582 to $1,807,035; accumulated deficit from ($22,953,074) to ($24,109,527).
- Error originated in years prior to 2020 and was carried forward; also affects interest expense allocation.
- Management concluded the error resulted from material weaknesses in internal control over financial reporting.
- Restated financials will be included in the 2023 10-K, to be filed as soon as practicable.

## SEC filing metadata
- accession: 0001654954-24-006097
- form_type: 8-K
- ticker: NROM
- cik: 0000709005
- company_name: NOBLE ROMANS INC
- filed_at: 2024-05-13T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 4.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/709005/000165495424006097/0001654954-24-006097-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/709005/000165495424006097/nrom_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-24-006097
- JSON: https://secwatch.observer/filing/0001654954-24-006097.json
- Plain text: https://secwatch.observer/filing/0001654954-24-006097.txt

## Key facts
- Auditor Changes
  NOBLE ROMANS INC reported that prior financial statements should not be relied upon.
  - Action: non reliance
  - Auditor: Assurance Dimensions
  source text: On May 8, 2024, management of Noble Roman’s, Inc. (the “Company”) and Assurance Dimensions, its registered independent public accounting firm, agreed that the Company’s previously issued financial statements in its Annual Report on Form 10-K for the year ended December 31, 2022 (the “Prior Statements”) should be restated to correct an error from prior periods that was reflected in the opening balance sheet for that year. Accordingly, the Prior Statements should no longer be relied upon.
  evidence_url: https://www.sec.gov/Archives/edgar/data/709005/000165495424006097/0001654954-24-006097-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.