XML 24 R4.htm IDEA: XBRL DOCUMENT v2.4.1.9
Condensed Consolidated Statements of Operations (Unaudited) (USD $)
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Income Statement [Abstract]    
Royalties and fees $ 1,772,571us-gaap_RoyaltyRevenue $ 1,814,066us-gaap_RoyaltyRevenue
Administrative fees and other 11,749us-gaap_FeesAndCommissions 20,686us-gaap_FeesAndCommissions
Restaurant revenue 83,347NROM_Restaurantrevenue 76,952NROM_Restaurantrevenue
Total revenue 1,867,667us-gaap_Revenues 1,911,704us-gaap_Revenues
Operating expenses:    
Salaries and wages 279,518us-gaap_SalariesAndWages 259,894us-gaap_SalariesAndWages
Trade show expense 126,115us-gaap_MarketingExpense 126,261us-gaap_MarketingExpense
Travel expense 56,146us-gaap_TravelAndEntertainmentExpense 47,118us-gaap_TravelAndEntertainmentExpense
Other operating expenses 207,627us-gaap_OtherCostAndExpenseOperating 188,586us-gaap_OtherCostAndExpenseOperating
Restaurant expenses 106,127NROM_Restaurantexpenses 91,428NROM_Restaurantexpenses
Depreciation and amortization 26,354us-gaap_DepreciationAndAmortization 27,821us-gaap_DepreciationAndAmortization
General and administrative 402,158us-gaap_GeneralAndAdministrativeExpense 394,007us-gaap_GeneralAndAdministrativeExpense
Total expenses 1,204,045us-gaap_OperatingExpenses 1,135,115us-gaap_OperatingExpenses
Operating income 663,622us-gaap_OperatingIncomeLoss 776,589us-gaap_OperatingIncomeLoss
Interest and other expense 46,035us-gaap_InterestExpenseOther 50,053us-gaap_InterestExpenseOther
Income before income taxes 617,587us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic 726,536us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
Income tax expense 237,493us-gaap_IncomeTaxExpenseBenefit 287,781us-gaap_IncomeTaxExpenseBenefit
Net income $ 380,094us-gaap_NetIncomeLoss $ 438,755us-gaap_NetIncomeLoss
Earnings per share - basic:    
Net income $ 0.02us-gaap_EarningsPerShareBasic $ 0.02us-gaap_EarningsPerShareBasic
Weighted average number of common shares outstanding 20,098,087us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 19,771,765us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Diluted earnings per share:    
Net income $ 0.02us-gaap_EarningsPerShareDiluted $ 0.02us-gaap_EarningsPerShareDiluted
Weighted average number of common shares outstanding 21,877,128us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 21,253,507us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding