What is Where Food Comes From's right of use asset net?

Where Food Comes From (WFCF) reported right of use asset net of $18K in Q1 2026.

What does right of use asset net mean?

This represents the net carrying value of assets recognized under lease agreements, calculated as the initial right-of-use asset value minus accumulated amortization and any impairment charges. It provides insight into the scale of the company's leased operational infrastructure, such as office space or equipment, relative to owned assets. This metric is essential for understanding the company's off-balance sheet financing obligations and operational footprint.

Where Food Comes From WFCF Right Of Use Asset Net

Right Of Use Asset Net at other companies

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$76.34M+40.2%

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$7.07M-8.7%

Global Water ResourcesGWRS

$3.8M+88.2%

Norwood FinancialNWFL

$1.6M—

Janus International GroupJBI

$73.4M+24.2%

Other financials

Income statement

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Revenue$5.4M+1.7%

Gross profit$2.0M-6.9%

Operating income$298.0K+110%

Net income$92.0K+197%

EPS (diluted)$0.02+100%

Balance sheet

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Cash & equivalents$3.3M+46.6%

Total debt$849.0K-65.7%

Total equity$9.2M-4.1%

Total assets$13.2M-13.1%

Cash flow

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Operating cash flow$523.0K-17.2%

CapEx$148.0K+410%

Free cash flow$375.0K-37.8%

Valuation

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Market cap$65.56M+33.3%

Enterprise value$63.13M+30.7%

P/E35.8×-6.3×

P/S2.6×+0.7×

Profitability

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Gross margin37.4%-3.5pp

Operating margin5.7%-2.5pp

Net margin10.6%+3.1pp

FCF margin8.6%-2.2pp

Returns & leverage

See full

Return on equity27.3%+8.4pp

Debt / equity0.1×-0.2×

Current ratio1.9×+0.3×

Where this comes from

Reported directly by Where Food Comes From in its filing.

Tagged under the XBRL concept WFCF:RightOfUseAssetNet.

The official record: Where Food Comes From’s 10-Q, filed May 14, 2026, on SEC EDGAR. View the filing →

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What is Where Food Comes From's right of use asset net?: Where Food Comes From (WFCF) reported right of use asset net of $18K in Q1 2026.
What does right of use asset net mean?: This represents the net carrying value of assets recognized under lease agreements, calculated as the initial right-of-use asset value minus accumulated amortization and any impairment charges. It provides insight into the scale of the company's leased operational infrastructure, such as office space or equipment, relative to owned assets. This metric is essential for understanding the company's off-balance sheet financing obligations and operational footprint.