MRM · United States
Cash Position
The company has -2.0 months of cash left based on the quarterly cash burn of $1.742 M and estimated current cash of $-1.179 M
Commentary on Financial Condition
Medirom Healthcare Technologies Inc. faces liquidity challenges, with cash and cash equivalents of JPY 106,347 thousand potentially insufficient to cover operating expenses for the next 12 months. The company plans to raise additional capital through salon sales and potential loans to support its growth and operations. There is no explicit mention of bankruptcy risk, but the need for additional funding suggests a focus on maintaining financial stability. ---(FOREIGN COMPANY)---2024-06-18, Filed At: 2009-11-09
Former Symbols
No former symbols for MRM
Nasdaq Compliance
MEDIROM Healthcare Technologies Inc. received a Notification Letter from Nasdaq on March 4, 2025, indicating non-compliance with the minimum bid price requirement of $1.00 per share. The company has until August 26, 2025, to regain compliance by maintaining a closing bid price of at least $1.00 for 10 consecutive business days. Filed At: 2025-03-04.
Previous Splits
Disclaimer: Data was sourced from filings using AI and may occasionally contain errors. Data is split adjusted
In the money
potentially in play
out of play
Pending Offering
Warrants
Convertibles
October 2024 - - Convertible Corporate Bonds due 2027
$6.42
Triple One Investment Partnership
December 2022 - - Convertible
$5.59
Kufu Company
ATM
Shelf
Equity Line
Completed Offerings
Tokens
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