Kura Sushi USA (KRUS) 10-K 8 Nov 24 2024 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($) $ in Millions	12 Months Ended
	Aug. 31, 2024	Nov. 01, 2024	Feb. 29, 2024
Document Information [Line Items]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Aug. 31, 2024
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	FY
Title of 12(b) Security	Class A Common Stock, $0.001 par value per share
Trading Symbol	KRUS
Security Exchange Name	NASDAQ
Entity Registrant Name	KURA SUSHI USA, INC.
Entity Central Index Key	0001772177
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Current Fiscal Year End Date	--08-31
Entity Filer Category	Accelerated Filer
Entity Shell Company	false
Entity Small Business	false
Entity Emerging Growth Company	false
Entity File Number	001-39012
Entity Tax Identification Number	26-3808434
Entity Address, Address Line One	17461 Derian Avenue
Entity Address, Address Line Two	Suite 200
Entity Address, City or Town	Irvine
Entity Address, State or Province	CA
Entity Incorporation, State or Country Code	DE
Entity Address, Postal Zip Code	92614
City Area Code	657
Local Phone Number	333-4100
Document Annual Report	true
ICFR Auditor Attestation Flag	true
Document Financial Statement Error Correction [Flag]	false
Document Transition Report	false
Entity Public Float			$ 579.6
Documents Incorporated by Reference	DOCUMENTS INCORPORATED BY REFERENCE The information required by Part III of this Form 10-K, to the extent not set forth herein, is incorporated by reference from the registrant’s definitive proxy statement for the 2025 annual meeting of stockholders, which will be filed no later than 120 days after the close of the registrant’s fiscal year ended August 31, 2024.
Auditor Name	KPMG LLP
Auditor Firm ID	185
Auditor Location	Irvine, CA
Class A
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		10,255,998
Class B
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		1,000,050

Balance Sheets

Balance Sheets - USD ($) $ in Thousands	Aug. 31, 2024	Aug. 31, 2023
Current assets:
Cash and cash equivalents	$ 50,986	$ 69,697
Short-term investments		8,542
Accounts and other receivables	4,573	5,048
Inventories	2,219	1,747
Prepaid expenses and other current assets	3,391	4,233
Total current assets	61,335	89,371
Non-current assets:
Property and equipment – net	138,589	106,427
Operating lease right-of-use assets	123,682	103,884
Deposits and other assets	4,916	4,977
Total assets	328,522	304,659
Current liabilities:
Accounts payable	8,977	7,248
Accrued expenses and other current liabilities	4,261	2,821
Salaries and wages payable	8,310	7,595
Operating lease liabilities – current	10,674	9,225
Sales tax payable	1,904	1,694
Total current liabilities	34,499	29,138
Non-current liabilities:
Operating lease liabilities – non-current	130,677	110,234
Other liabilities	808	646
Total liabilities	165,984	140,018
Commitments and contingencies (Note 11)
Stockholders' equity:
Preferred stock, $0.001 par value; 1,000 shares authorized, no shares issued or outstanding
Additional paid-in capital	195,515	188,771
Accumulated deficit	(32,988)	(24,184)
Accumulated other comprehensive income		43
Total stockholders' equity	162,538	164,641
Total liabilities and stockholders' equity	328,522	304,659
Affiliated Entity [Member]
Current assets:
Due from affiliate	166	104
Current liabilities:
Due to affiliate	373	555
Class A
Stockholders' equity:
Common stock	10	10
Class B
Stockholders' equity:
Common stock	$ 1	$ 1

Balance Sheets (Parenthetical)

Balance Sheets (Parenthetical) - $ / shares	Aug. 31, 2024	Aug. 31, 2023
Preferred stock, par value	$ 0.001	$ 0.001
Preferred Stock, Shares Authorized	1,000,000	1,000,000
Preferred Stock, Shares Issued	0	0
Preferred Stock, Shares Outstanding	0	0
Class A
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	50,000,000	50,000,000
Common Stock, Shares, Issued	10,253,000	10,147,000
Common stock, shares outstanding	10,253,000	10,147,000
Class B
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	10,000,000	10,000,000
Common Stock, Shares, Issued	1,000,000	1,000,000
Common stock, shares outstanding	1,000,000	1,000,000

Statements of Operations and Co

Statements of Operations and Comprehensive Income (Loss) - USD ($) shares in Thousands	12 Months Ended
	Aug. 31, 2024	Aug. 31, 2023	Aug. 31, 2022
Sales	$ 237,860,000	$ 187,429,000	$ 141,089,000
Restaurant operating costs:
Depreciation and amortization expenses	11,362,000	7,422,000	5,258,000
Other costs	34,748,000	24,911,000	17,517,000
Total restaurant operating costs	208,337,000	158,652,000	119,199,000
General and administrative expenses	39,050,000	28,035,000	22,289,000
Depreciation and amortization expenses	425,000	410,000	355,000
Impairment of long-lived assets	1,553,000	0	0
Total operating expenses	249,365,000	187,097,000	141,843,000
Operating income (loss)	(11,505,000)	332,000	(754,000)
Other expense (income):
Interest expense	47,000	69,000	87,000
Interest income	(2,915,000)	(1,472,000)	(151,000)
Income (loss) before income taxes	(8,637,000)	1,735,000	(690,000)
Income tax expense	167,000	233,000	74,000
Net income (loss)	$ (8,804,000)	$ 1,502,000	$ (764,000)
Net income (loss) per Class A and Class B shares
Basic	$ (0.79)	$ 0.15	$ (0.08)
Diluted	$ (0.79)	$ 0.14	$ (0.08)
Weighted average Class A and Class B shares
Basic	11,204	10,305	9,719
Diluted	11,204	10,640	9,719
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent [Abstract]
Unrealized gain (loss) on short-term investments	$ (43,000)	$ 43,000
Comprehensive income (loss)	(8,847,000)	1,545,000	$ (764,000)
Food and Beverage Costs
Restaurant operating costs:
Cost of goods and services sold	69,509,000	56,631,000	42,510,000
Labor and Related Costs
Restaurant operating costs:
Cost of goods and services sold	75,926,000	56,547,000	43,997,000
Occupancy and Related Expenses
Restaurant operating costs:
Cost of goods and services sold	$ 16,792,000	$ 13,141,000	$ 9,917,000

Statements of Stockholders' Equ

Statements of Stockholders' Equity - USD ($) $ in Thousands	Total	Class A	Class B	Common Stock Class A	Common Stock Class B	Additional Paid-in Capital	(Accumulated Deficit)	Accumulated Other Comprehensive Income
Beginning balances at Aug. 31, 2021	$ 90,844			$ 9	$ 1	$ 115,756	$ (24,922)
Beginning balance, shares at Aug. 31, 2021				8,700	1,000
Stock-based compensation	2,409					2,409
Employee stock plan	959					959
Employee stock plan, shares				88
Taxes paid on vested restricted stock awards	(154)					(154)
Net income (loss)	(764)						(764)
Ending balances at Aug. 31, 2022	93,294			$ 9	$ 1	118,970	(25,686)
Ending balance, shares at Aug. 31, 2022				8,788	1,000
Stock-based compensation	3,550					3,550
Employee stock plan	1,957					1,957
Employee stock plan, shares				94
Issuance of common stock in connection with follow-on public offering, net of underwriter discounts and issuance costs	64,295			$ 1		64,294
Issuance of common stock in connection with follow-on public offering, net of underwriter discounts and issuance costs, shares				1,265
Net income (loss)	1,502						1,502
Other comprehensive income (loss)	43							$ 43
Ending balances at Aug. 31, 2023	164,641			$ 10	$ 1	188,771	(24,184)	43
Ending balance, shares at Aug. 31, 2023		10,147,000	1,000,000	10,147	1,000
Stock-based compensation	4,532					4,532
Employee stock plan	2,212					2,212
Employee stock plan, shares				106
Net income (loss)	(8,804)						(8,804)
Other comprehensive income (loss)	(43)							$ (43)
Ending balances at Aug. 31, 2024	$ 162,538			$ 10	$ 1	$ 195,515	$ (32,988)
Ending balance, shares at Aug. 31, 2024		10,253,000	1,000,000	10,253	1,000

Statements of Cash Flows

Statements of Cash Flows - USD ($)	12 Months Ended
	Aug. 31, 2024	Aug. 31, 2023	Aug. 31, 2022
Cash flows from operating activities
Net income (loss)	$ (8,804,000)	$ 1,502,000	$ (764,000)
Adjustments to reconcile net income (loss) to net cash provided by operating activities
Depreciation and amortization	11,787,000	7,832,000	5,613,000
Stock-based compensation	4,314,000	3,550,000	2,409,000
Gain on short-term investments		43,000
Loss on disposal of property and equipment	22,000	53,000	12,000
Noncash lease expense	4,591,000	3,748,000	3,192,000
Impairment of long-lived assets	1,553,000	0	0
Changes in operating assets and liabilities:
Accounts and other receivables	(1,798,000)	(353,000)	(131,000)
Inventories	(472,000)	(627,000)	(387,000)
Due from affiliate	(62,000)	52,000	173,000
Prepaid expenses and other current assets	1,087,000	(1,151,000)	11,496,000
Deposits and other assets	336,000	146,000	(326,000)
Accounts payable	623,000	1,678,000	(172,000)
Accrued expenses and other current liabilities	1,198,000	(336,000)	912,000
Salary and wages payable	715,000	1,640,000	1,343,000
Operating lease liabilities	206,000	(113,000)	(61,000)
Due to affiliate	2,000	65,000	14,000
Sales tax payable	314,000	335,000	371,000
Net cash provided by operating activities	15,612,000	18,064,000	23,694,000
Cash flows from investing activities
Payments for property and equipment	(44,251,000)	(39,068,000)	(26,766,000)
Payments for initial direct costs	(432,000)	(550,000)	(510,000)
Payments for purchases of liquor licenses	(275,000)	(1,743,000)	(896,000)
Purchases of short-term investments	(3,501,000)	(9,292,000)
Redemption of short- term investments	11,999,000	750,000
Net cash used in investing activities	(36,460,000)	(49,903,000)	(28,172,000)
Cash flows from financing activities
Repayment of principal on finance leases	(75,000)	(498,000)	(975,000)
Taxes paid on vested restricted stock awards	(280,000)		(154,000)
Proceeds from stock option exercises	2,492,000	1,957,000	959,000
Proceeds from the follow-on public offering, net of discounts and commissions		64,895,000
Payments of costs related to the follow-on offering		(600,000)
Net cash provided by (used in) financing activities	2,137,000	65,754,000	(170,000)
(Decrease) increase in cash and cash equivalents	(18,711,000)	33,915,000	(4,648,000)
Cash and cash equivalents, beginning of year	69,697,000	35,782,000	40,430,000
Cash and cash equivalents, end of year	50,986,000	69,697,000	35,782,000
Supplemental disclosures of cash flow information
Cash paid for income taxes (net of refunds)	265,000	108,000	206,000
Noncash investing activities
Acquisition of finance leases	34,000	61,000	34,000
Amounts unpaid for purchases of property and equipment	2,758,000	$ 1,621,000	$ 1,933,000
Stock-based compensation capitalized to property and equipment, net	$ 218,000

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2024	Aug. 31, 2023	Aug. 31, 2022
Pay vs Performance Disclosure
Net Income (Loss)	$ (8,804)	$ 1,502	$ (764)

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Aug. 31, 2024
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

Organization and Description of

Organization and Description of Business	12 Months Ended
	Aug. 31, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization and Description of Business	Note 1—Organization and Description of Business Kura Sushi USA, Inc. (the “Company”) is a technology-enabled Japanese restaurant concept that provides guests with a distinctive dining experience by serving authentic Japanese cuisine through an engaging revolving sushi service model, which the Company refers to as the “Kura Experience.” Kura Sushi encourages healthy lifestyles by serving freshly prepared Japanese cuisine using high-quality ingredients that are free from artificial seasonings, sweeteners, colorings, and preservatives. Kura Sushi aims to make quality Japanese cuisine accessible to its guests across the United States through affordable prices and an inviting atmosphere. “Kura Sushi USA,” “Kura Sushi,” “Kura,” and the “Company” refer to Kura Sushi USA, Inc. unless expressly indicated or the context otherwise requires. Follow-On Offering On April 13, 2023, the Company completed an underwritten public offering of common stock pursuant to the Company’s universal shelf registration statement on Form S-3, selling an aggregate of 1,265,000 shares of Class A common stock, including the exercise in full of the underwriters’ option to purchase 165,000 additional shares, at the price of $ 54.00 per share less an underwriting discount of $ 2.70 per share. The Company received aggregate net proceeds of $ 64.3 million after deducting the underwriting discounts and commissions and offering expenses payable by the Company. The proceeds are to be used for general corporate purposes, including capital expenditures, working capital, and other business purposes . No payments were made by the Company to directors, officers or persons owning 10 % or more of the Company’s common stock or to their associates, or to the Company’s affiliates.

Basis of Presentation and Summa

Basis of Presentation and Summary of Significant Accounting Policies	12 Months Ended
	Aug. 31, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation and Summary of Significant Accounting Policies	Note 2—Basis of Presentation and Summary of Significant Accounting Policies Basis of Presentation The accompanying financial statements have been prepared in accordance with generally accepted accounting principles in the United States (“GAAP”). The Company’s fiscal year begins on September 1 and ends on August 31 and references made to “fiscal year 2024”, “fiscal year 2023” and “fiscal year 2022” refer to the Company’s fiscal years ended August 31, 2024, August 31, 2023 and August 31, 2022 , respectively. Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods presented. Significant items subject to such estimates include asset retirement obligations, short-term investments, stock-based compensation, the useful lives of assets, the assessment of the recoverability of long-lived assets, and income taxes. The Company evaluates its estimates and assumptions on an ongoing basis using historical experience and other factors and adjusts those estimates and assumptions when facts and circumstances dictate. Actual results could differ materially from those estimates and assumptions. Concentration of Credit Risk Financial instruments that potentially subject the Company to concentration of credit risk consist principally of cash and cash equivalents. The Company maintains its cash and cash equivalents with financial institutions and, at times, the balance may exceed the Federal Deposit Insurance Corporation federally insured limits. The Company has never experienced any losses related to these balances. Concentration of Significant Suppliers The Company relies on third parties for specified food products and supplies. In instances where these parties fail to perform their obligations, the Company may be unable to find alternative suppliers. The Company is subject to supplier concentration risk as JFC International Inc., a subsidiary of Kikkoman Corporation and the Company’s largest supplier, accounted for 55 % , 49 % , and 52 % of total food and beverage costs for fiscal years 2024, 2023 and 2022, respectively. The Company’s purchases from Mutual Trading Co., Inc were 34 % of our total food and beverage for fiscal year 2024 and were no t significant in 2023 and 2022 . Segment Information Management has determined that the Company has one operating segment and therefore one reportable segment. The Company’s chief operating decision maker, its Chief Executive Officer, reviews financial performance and allocates resources. All of the Company’s sales are derived in the United States of America. Cash and Cash Equivalents Cash and cash equivalents consist primarily of cash on hand, deposits with banks, money market funds, certificates of deposits and term deposits. As of August 31, 2024 and August 31, 2023, cash and cash equivalents were $ 51.0 million and $ 69.7 million , respectively. Due to the short-term maturities and their relatively low interest rates, the carrying value of the money market funds approximates their fair value. Cash and cash equivalents are maintained at financial institutions with strong credit ratings. The Company considers all highly liquid investments with an original maturity at the date of purchase of three months or less to be cash equivalents. Short-Term Investments Short-term investments consist of certificates of deposits and Treasury bills. The Company considers all highly liquid investments with an original maturity date greater than three months but less than one year as short-term investments. The carrying value of the short-term investments is equivalent to their amortized cost basis. As of August 31, 2024, all of the Company’s short-term investments had reached full maturity. As of August 31, 2023, short-term investments were $ 8.5 million . The certificates of deposits were deposited at Federal Deposit Insurance Corporation (“FDIC”) insured banks. The certificates of deposits were in amounts of $ 250,000 in multiple banks so that the entire deposit balance is eligible for FDIC insurance. Certificates of deposits and Treasury bills were classified as available-for-sale debt securities which are measured at fair value with unrealized gains or losses recorded in other comprehensive income (loss). During the year ended August 31, 2024 , the Company reclassified $ 43 tho usand out of accumulated other comprehensive income and into earnings for the period related to maturities of certificates of deposits and treasury bills. As of August 31, 2023 , the Company recorded $ 43 thousand in unrealized gains on short-term investments in comprehensive loss, which consisted of $ 48 thousand in unrealized gains on Treasury bills and $ 5 thousand in unrealized losses on certificates of depos its. During the year ended August 31, 2023, the Company re classified $ 16 thousand out of accumulated other comprehensive income into earnings for the period related to maturities of certificates of deposits. The Company determines realized gains or losses on the available-for-sale debt securities on a specific identification method. Base d on the evaluation of credit risk factors, the Company has concluded that an allowance for credit losses was unnecessary for its short-term investments. Accounts and Other Receivables Accounts and other receivables consist primarily of receivables from landlords for tenant allowances and credit card receivables. The Company does not extend credit to guests and thus does not have credit risk from guests. Accounts and other receivables balances are stated at the amounts management expects to collect from balances outstanding at fiscal year-end, and no allowance for doubtful accounts is recorded as of August 31, 2024 and August 31, 2023 . Inventories Inventories consist of food and beverages and are stated at the lower of cost or net realizable value, with cost determined on an average cost basis. Property and Equipment Property and equipment consists of computer equipment, vehicles, software, furniture and fixtures, equipment, leasehold improvements and leased assets. Property and equipment are carried at cost, less accumulated depreciation and amortization. Depreciation and amortization on property and equipment is calculated using the straight-line method over the estimated useful lives of the respective assets. Leasehold improvements are amortized on a straight-line basis over the shorter of the remaining lease term or estimated life of the improvements. The following table represents the various types of property and equipment and their respective useful lives: Property and Equipment Useful Life Computer equipment 3 – 5 years Vehicles 5 years Software 5 years Furniture, fixtures and equipment 5 - 10 years Leasehold improvements Shorter of useful life or remaining lease term Lease assets Fixed lease term Long-lived assets to be held and used are reviewed for impairment whenever events or changes in circumstances indicate that the related carrying amount may be impaired. If an impairment loss has occurred, a charge is recorded to reduce the carrying amount of the asset to its estimated fair value. Liquor Licenses Liquor licenses are deemed to have indefinite useful lives and are subject to annual impairment testing. Liquor licenses are included in deposits and other assets in the accompanying balance sheets. Asset Retirement Obligations Asset retirement obligations (“ARO”) represents the estimated present value of future expenses the Company expects to incur at the end of a lease to restore the location to its original condition. The ARO is recorded as a liability at its estimated present value at inception with an offsetting increase in the carrying amount of the related property and equipment in the accompanying balance sheet. Periodic accretion of the discount of the estimated liability is recorded as interest expense in the accompanying statements of operations and comprehensive income (loss). Asset retirement obligations are amortized on a straight-line basis over the shorter of the remaining lease term or estimated life of the leasehold improvements. The Company’s ARO liability is $ 0.8 million and $ 0.6 million as of August 31, 2024 and August 31, 2023 , respectively and is included in other liabilities in the accompanying balance sheets. Impairment of Long-lived Assets The Company assesses potential impairments of its long-lived assets, which includes property and equipment and operating lease right-of-use assets, in accordance with the provisions of Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 360—Property, Plant and Equipment. An impairment test is performed on an annual basis or whenever events or changes in circumstances indicate that the carrying value of the assets may not be recoverable. In determining the recoverability of the asset value, an analysis is performed at the individual restaurant level. Assets are grouped at the individual restaurant level for purposes of the impairment assessment because a restaurant represents the lowest level for which identifiable cash flows are largely independent of the cash flows of other assets and liabilities. Recoverability of an asset group is measured by a comparison of the carrying amount of an asset group to its estimated undiscounted forecasted restaurant cash flows expected to be generated by the asset group. Factors considered by the Company in estimating future cash flows include but are not limited to: significant underperformance relative to expected historical or projected future operating results; significant changes in the manner of use of the acquired assets; and significant negative industry or economic trends. The estimated undiscounted forecasted cash flows include assumptions made by management regarding certain items such as revenue, food and beverage costs, labor costs, occupancy costs, and other restaurant operating costs and therefore are subject to uncertainty as the Company’s actual results may differ from its estimates. If the carrying amount of the asset group exceeds its estimated undiscounted future cash flows, an impairment charge is recognized as the amount by which the carrying amount of the asset exceeds the fair value of the asset, which is determined by the cost approach method. As of fiscal-year end August 31, 2024, the Company performed an impairment assessment and determined that the carrying value of an asset group at one individual restaurant may not be recoverable due to underperforming historical and projected future operating results. Based on impairment testing, the Company recorded impairment charges of $ 1.6 million related to the property and equipment. There was no impairment test performed for the fiscal year ended August 31, 2023 , and no impairment loss was recognized during the fiscal years ended August 31, 2023, and August 31, 2022 . Income Taxes The provision for income taxes, income taxes payable, and deferred income taxes are determined using the asset and liability method. Deferred income tax assets and liabilities are determined based on temporary differences between the financial carrying amounts and tax bases of assets and liabilities that will result in taxable or deductible amounts in the future. Such deferred income tax asset and liability computations are based on enacted tax laws and rates applicable to periods in which the differences are expected to reverse. The Company establishes a valuation allowance to the extent that it is more likely than not that deferred tax assets will not be recoverable against future taxable income. Income tax expense or benefit is the income tax payable or refundable for the period, plus or minus the change during the period to deferred income tax assets and liabilities. The Company regularly evaluates the likelihood of realizing the benefit for income tax positions it has taken in federal and state filings by considering all facts, circumstances, and information available. For those benefits that the Company believes it is more likely than not will be sustained, it recognizes the largest amount it believes is cumulatively greater than 50 % likely to be realized. Revenue Recognition Revenue from sales is recognized when food and beverages are sold to customers. Sales are presented net of discounts and sales taxes collected from customers. Sales Taxes Sales taxes are imposed by state, county, and city governmental authorities, collected from customers and remitted to the appropriate governmental agency. The Company’s policy is to record the sales taxes collected as a liability on the books and then remove the liability when the sales tax is remitted. There is no impact on the statements of operations and comprehensive income (loss) as restaurant sales are recorded net of sales tax. Operating and Finance Leases At inception of a contract, the Company assesses whether the contract is a lease based on whether the contract conveys the right to control the use of an identified asset for a period of time in exchange for consideration. Lease classification, measurement, and recognition are determined at lease commencement, which is the date the underlying asset is available for use by the Company. The accounting classification of a lease is based on whether the arrangement is effectively a financed purchase of the underlying asset (finance lease) or not (operating lease). The Company has operating and finance leases for its corporate office, restaurant locations, office equipment, kitchen equipment and automobiles. The leases have remaining lease terms of less than 1 year to 20 years , some of which include options to extend the leases. For leases with renewal periods at the Company’s option, the Company determines the expected lease period based on whether the renewal of any options is reasonably assured at the inception of the lease. Operating leases are accounted for on the balance sheet with the right-of-use (“ROU”) assets and lease liabilities recognized in “Operating lease right-of-use assets,” “Operating lease liabilities - current” and “Operating lease liabilities - noncurrent” on the balance sheet, respectively. Finance leases are accounted for on the balance sheet with ROU assets and lease liabilities recognized in “Property and equipment, net,” “Other current liabilities” and “Other liabilities” on the balance sheet, respectively. Lease assets and liabilities are recognized at the lease commencement date. All lease liabilities are measured at the present value of the lease payments not yet paid. To determine the present value of lease payments not yet paid, the Company estimates incremental borrowing rates corresponding to the maturities of the leases. As the Company has no outstanding debt, it estimates this rate based on prevailing financial market conditions, a synthetic credit rating, credit analysis, and management judgment. ROU assets, for both operating and finance leases, are initially measured based on the lease liability, adjusted for initial direct costs, prepaid or deferred rent, and lease incentives. The operating lease ROU assets are subsequently measured at the carrying amount of the lease liability adjusted for initial direct costs, prepaid or accrued lease payments, and lease incentives. Depreciation of the finance lease ROU assets are subsequently calculated using the straight-line method over the shorter of the estimated useful lives or the expected lease terms and recorded in “Depreciation and amortization expense” on the statement of operations. The Company accounts for lease and non-lease components as a single component for its entire population of operating lease assets. The Company recognizes the short-term lease exemption for all applicable classes of underlying assets. Short-term disclosures include only those leases with a term greater than one month and twelve months or less, and expense is recognized on a straight-line basis over the lease term. Leases with an initial term of twelve months or less, that do not include an option to purchase the underlying asset that the Company is reasonably certain to exercise, are not recorded on the balance sheet. The Company recognizes expense for these leases on a straight-line basis over the lease term. In addition to the fixed minimum payments required under the lease arrangements, certain leases require variable lease payments, such as common area maintenance, insurance and real estate taxes, which are recognized when the associated activity occurs. Additionally, contingent rental payments based on sales thresholds for certain of its restaurants are accrued based on estimated sales. Other Costs Other costs in restaurant operating costs in the accompanying statements of operations and comprehensive income (loss) include utilities, repairs and maintenance, credit card fees, royalty payments, stock-based compensation for restaurant-level employees, advertising costs and other restaurant-level expenses. The Company incurred $ 34.7 million , $ 24.9 million and $ 17.5 million in other costs for the fiscal years ended August 31, 2024, August 31, 2023 and August 31, 2022 , respectively. Advertising Costs Advertising costs are expensed as incurred and are included in other costs in the accompanying statements of operations and comprehensive income (loss). The Company incurred $ 3.0 million , $ 2.7 million and $ 1.3 million in advertising expenses for the fiscal years ended August 31, 2024, August 31, 2023 and August 31, 2022 , respectively. Fair Value Measurements The Company defines fair value as the exchange price that would be received from the sale of an asset or paid to transfer a liability in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. Valuation techniques used to measure fair value must maximize the use of observable inputs and minimize the use of unobservable inputs. The fair value measurement accounting guidance creates a fair value hierarchy to prioritize the inputs used to measure fair value into three categories. A financial instrument’s level within the fair value hierarchy is based on the lowest level of input significant to the fair value measurement, where Level 1 is the highest and Level 3 is the lowest. The three levels are defined as follows: Level 1 – Observable inputs that reflect unadjusted quoted prices for identical assets or liabilities in active markets. Active markets are those in which transactions for the asset or liability occur with sufficient frequency and volume to provide pricing information on an ongoing basis. Level 2 – Observable inputs other than Level 1 prices, such as unadjusted quoted prices for similar assets or liabilities in active markets, unadjusted quoted prices for identical or similar assets or liabilities in markets that are not active, or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities; and Level 3 – Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. These inputs are based on the Company’s own assumptions used to measure assets and liabilities at fair value and require significant management judgment or estimation. The Company’s financial statements include cash and cash equivalents, accounts and other receivables, accounts payable, accrued expenses and other current liabilities, and salaries and wages payable for which the carrying amounts approximate fair value due to their short-term maturity. The fair value of our short-term investments, specifically certificates of deposits are considered Level 2 inputs of the fair value hierarchy. The fair value of payments due to or from Kura Japan is not determinable due to its related-party nature. Stock-based Compensation Stock-based compensation consists of stock options and restricted stock units (“RSUs”) issued to employees and non-employees. The Company measures and recognizes stock-based compensation based on the grant date fair value of the award. The fair value of stock options is estimated using the Black-Scholes option-pricing model and is impacted by the fair value of the Company’s common stock, as well as changes in assumptions regarding certain subjective variables. These variables include, but are not limited to, the expected common stock price volatility over the term of the stock option awards, the expected term of the awards, risk-free interest rates and the expected dividend yield. The fair value of restricted stock awards is based on the closing market price of the Company’s stock on the date of grant. Forfeitures are recognized as they occur. For stock options that are based on a service requirement, the cost is recognized on a straight-line basis over the requisite service period, which is typically the vesting period. Stock options and RSUs granted in fiscal years 2024, 2023 and 2022 h ave vesting periods ranging from 12 months to 48 months . E ach award expires on such date as shall be determined at the date of grant; however, the maximum contractual term of options to acquire common stock is ten years after the initial date of the award. Vested RSUs do not expire. For RSUs, all unvested awards shall be forfeited immediately upon termination. Comprehensive Income (Loss) Comprehensive income (loss) is defined as the change in equity of a business enterprise during a period from transactions and other events and circumstances from non-owner sources. The Company’s short-term investments consist of certificates of deposits and Treasury bills that are classified as available-for-sale debt securities which are measured at fair value with unrealized gains or losses recorded in other comprehensive income (loss). Income (Loss) Per Share Income (loss) per share is calculated by dividing net income (loss) by the weighted average shares outstanding during the period, without consideration of common stock equivalents. Diluted income (loss) per share assumes the conversion, exercise or issuance of all potential dilutive common stock equivalents outstanding for the period. For the purposes of this calculation, options and restricted stock units are considered to be common stock equivalents and are only included in the calculation of diluted earnings per share when their effect is dilutive. Diluted income (loss) per share is calculated by adjusting weighted average shares outstanding for the dilutive effect of common stock equivalents outstanding for the period, determined using the treasury-stock method . Recently Issued Accounting Pronouncements In December 2023, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2023-09, “Income Taxes (Topic 740): Improvements to Income Tax Disclosures”, which requires greater disaggregation of income tax disclosures related to the income tax rate reconciliation and income taxes paid and effective for fiscal years beginning after December 15, 2024. Early adoption is permitted for annual financial statements that have not yet been issued. The amendments should be applied on a prospective basis although retrospective application is permitted. The Company is currently evaluating the effects of this pronouncement on its financial statements and expects the update to result in additional disclosures. In November 2023, the FASB issued ASU 2023-07, “Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures,” which improves reportable segment disclosure requirements, primarily through enhanced disclosures about significant segment expenses. The guidance in this update is effective for all public entities for fiscal years beginning after December 15, 2023, with early adoption permitted. The Company is currently evaluating the effects of this pronouncement on its financial statements and expects the update to result in additional disclosures.

Balance Sheet Components

Balance Sheet Components	12 Months Ended
	Aug. 31, 2024
Balance Sheet Related Disclosures [Abstract]
Balance Sheet Components	Note 3—Balance Sheet Components Accounts and Other Receivables Accounts and other receivables as of August 31, 2024 and August 31, 2023 consists of the following: As of August 31, 2024 2023 (amounts in thousands) Lease receivables $ 1,701 $ 3,973 Credit card and other receivables 2,872 1,075 Total accounts and other receivables $ 4,573 $ 5,048 Inventories Inventories as of August 31, 2024 and August 31, 2023 consists of the following: As of August 31, 2024 2023 (amounts in thousands) Food $ 2,013 $ 1,575 Beverages 206 172 Total inventories $ 2,219 $ 1,747 Prepaid Expenses and Other Current Assets Prepaid expenses and other current assets as of August 31, 2024 and August 31, 2023 consists of the following: As of August 31, 2024 2023 (amounts in thousands) Prepaid expenses $ 3,013 $ 3,697 Other current assets 378 536 Total prepaid expenses and other current assets $ 3,391 $ 4,233 Property and Equipment - net Property and equipment - net as of August 31, 2024 and August 31, 2023 consists of the following: As of August 31, 2024 2023 (amounts in thousands) Leasehold improvements $ 100,345 $ 75,472 Lease assets 6,108 6,247 Furniture, fixtures and equipment 50,951 34,213 Computer equipment 3,714 2,792 Vehicles 243 220 Software 1,017 1,016 Construction in progress 15,080 14,369 Property and equipment – gross 177,458 134,329 Less: accumulated depreciation and ( 38,869 ) ( 27,902 ) Total property and equipment – net $ 138,589 $ 106,427 Depreciation and amortization expense for property and equipment was $ 11.8 million , $ 7.8 million and $ 5.6 million for the fiscal years ended August 31, 2024, August 31, 2023, and August 31, 2022, respectively. Deposits and Other Assets Deposits and other assets, as of August 31, 2024 and August 31, 2023 consists of the following: As of August 31, 2024 2023 (amounts in thousands) Deposits $ 1,150 $ 1,486 Liquor licenses 3,766 3,491 Total deposits and other assets $ 4,916 $ 4,977

Leases

Leases	12 Months Ended
	Aug. 31, 2024
Leases [Abstract]
Leases	Note 4—Leases The Company has operating and finance leases for its corporate office, restaurant locations, kitchen equipment and automobiles. The Company’s finance leases are immaterial. The Company’s leases have remaining lease terms of less than 1 year to 20 years, some of which include options to extend the leases. Lease related costs recognized in the statements of operations and comprehensive income (loss) for fiscal years 2024, 2023 and 2022 are as follows: Fiscal Years Ended August 31, 2024 2023 2022 (amounts in thousands) Operating lease cost Classification Operating lease cost Occupancy and related expenses, other costs and general and administrative expenses $ 13,319 $ 10,203 $ 7,859 Variable lease cost Occupancy and related expenses, and general and administrative expenses 3,574 3,176 2,181 Total operating lease cost $ 16,893 $ 13,379 $ 10,040 Supplemental balance sheet information related to leases is as follows: Operating Leases As of August 31, 2024 2023 (amounts in thousands) Right-of-use assets $ 123,682 $ 103,884 Lease liabilities – current $ 10,674 $ 9,225 Lease liabilities – non-current 130,677 110,234 Total lease liabilities $ 141,351 $ 119,459 As of August 31, 2024 2023 Weighted Average Remaining Lease Term (Years) Operating leases 16.5 16.1 Weighted Average Discount Rate Operating leases 7.1 % 7.0 % Supplemental disclosures of cash flow information related to leases are as follows: Fiscal Years Ended August 31, 2024 2023 (amounts in thousands) Operating cash flows paid for operating lease liabilities $ 10,723 $ 7,935 Operating right-of-use assets obtained in exchange $ 25,475 $ 27,062 As of August 31, 2024, the Company had an additional $ 51.4 million of operating leases related to restaurants for which the Company had not yet taken possession. Subsequent to August 31, 2024, the Company entered into four additional operating leases related to restaurants for which the Company has not yet taken possession. The lease liabilities associated with the leases after August 31, 2024 are $ 17.8 million. The operating leases are expected to commence in fiscal year 2025, with lease terms of up to 20 years . Maturities of lease liabilities are as follows as of August 31, 2024: Operating Leases (amounts in thousands) 2024 $ 9,327 2025 13,859 2026 13,556 2027 13,902 2028 14,277 Thereafter 186,490 Total lease payments 251,411 Less: imputed interest ( 110,060 ) Present value of lease liabilities $ 141,351

Related Party Transactions

Related Party Transactions	12 Months Ended
	Aug. 31, 2024
Related Party Transactions [Abstract]
Related Party Transactions	Note 5—Related Party Transactions Kura Sushi, Inc. (“Kura Japan”) is the majority stockholder of the Company and is incorporated and headquartered in Japan. In August 2019, the Company entered into a Shared Services Agreement with Kura Japan, pursuant to which Kura Japan provides the Company with certain strategic, operational and other support services, including assigning certain employees to work for the Company as expatriates to provide support to the Company’s operations, sending its employees to the Company on a short-term basis to provide support for the opening of new restaurants or renovation of existing restaurants, and providing the Company with certain supplies, parts and equipment for use in the Company’s restaurants. In addition, the Company has agreed to continue to provide Kura Japan with certain translational support services, and market research. In exchange for such services, supplies, parts and equipment, the parties pay fees to each other as set forth under the Shared Services Agreement. A right of setoff is not required; however, from time to time, either party will net settle transactions as needed. Purchases of administrative supplies, expatriate salaries and travel and other administrative expenses payable to Kura Japan are included in general and administrative expenses in the accompanying statement of operations and comprehensive income (loss). Purchases of equipment from Kura Japan are included in property and equipment in the accompanying balance sheets. In August 2019, the Company entered into an Amended and Restated Exclusive License Agreement (the “License Agreement”) with Kura Japan. Pursuant to the License Agreement, the Company pays Kura Japan a royalty fee of 0.5 % of the Company’s net sales in exchange for an exclusive, royalty-bearing license for use of certain of Kura Japan’s intellectual property rights, including, but not limited to, Kura Japan’s trademarks “Kura Sushi,” “Mr. Fresh” and “Kura Revolving Sushi Bar,” and patents for a food management system and the Mr. Fresh protective dome, among other intellectual property rights necessary to continue operation of the Company’s restaurants. Royalty payments to Kura Japan are included in other costs at the restaurant-level in the accompanying statements of operations and comprehensive income (loss). On April 10, 2020, the Company and Kura Japan entered into a Revolving Credit Agreement, which was subsequently amended on September 2, 2020 and April 9, 2021, to provide the Company a line of credit of $ 45.0 million. For additional information, see “Note 9 — Debt.” Balances with Kura Japan as of August 31, 2024 and August 31, 2023 are as follows: As of August 31, 2024 2023 (amounts in thousands) Due from affiliate $ 166 $ 104 Due to affiliate $ 373 $ 555 Reimbursements and other payments by the Company to Kura Japan for fiscal years ended August 31, 2024, August 31, 2023, and August 31, 2022 are as follows: Fiscal Years Ended August 31, 2024 2023 2022 (amounts in thousands) Related party transactions: Expatriate salaries expense $ 153 $ 120 $ 151 Royalty payments 1,189 938 708 Travel and other administrative expenses 26 35 9 Purchases of equipment 2,664 3,327 1,449 Total related party transactions $ 4,032 $ 4,420 $ 2,317 Reimbursements by Kura Japan to the Company were $ 0.3 million , $ 0.2 million and $ 0.2 million for fiscal years ended August 31, 2024, August 31, 2023, and August 31, 2022, respectively. The reimbursements were primarily for professional fees, travel and other administrative expenses.

Stock-based Compensation

Stock-based Compensation	12 Months Ended
	Aug. 31, 2024
Share-Based Payment Arrangement [Abstract]
Stock-based Compensation	Note 6—Stock-based Compensation The Company has a 2018 Incentive Compensation Plan (the “Stock Incentive Plan”), as amended. Under the Stock Incentive Plan, the Company may grant stock options, stock appreciation rights, restricted stock, restricted stock units, and performance awards in the form of shares and cash. Stock options granted under the Stock Incentive Plan include both incentive stock options and non-qualified stock options. This plan authorizes 1,350,000 shares to be granted. Stock option activity under the Stock Incentive Plan is as follows: Options Outstanding Number of Weighted Weighted Aggregate (amounts in Outstanding—August 31, 2021 625,378 $ 17.13 4.9 $ 21,060 Granted 227,596 51.24 Exercised ( 81,742 ) 11.74 Canceled/forfeited ( 95,290 ) 32.41 Outstanding—August 31, 2022 675,942 $ 27.12 7.7 $ 32,290 Granted 141,202 68.19 Exercised ( 93,915 ) 20.84 Canceled/forfeited ( 69,834 ) 51.90 Outstanding—August 31, 2023 653,395 $ 34.25 7.2 $ 34,766 Granted 76,581 87.51 Exercised ( 96,748 ) 25.76 Canceled/forfeited ( 22,714 ) 65.42 Outstanding—August 31, 2024 610,514 $ 41.11 6.6 $ 17,484 Options exercisable 422,432 $ 27.39 5.8 $ 16,549 The total intrinsic value of stock options exercised during fiscal year 2024 was $ 6.3 million . The total fair value of options vested was $ 3.7 million , $ 3.1 million , and $ 1.7 million for the fiscal years ended August 31, 2024, August 31, 2023, and August 31, 2022, respectively. As of August 31, 2024, unrecognized stock-based compensation of $ 7.2 million related to unvested stock options is expected to be recognized on a straight-line basis over a weighted average period of 2.6 years. The following table summarizes the restricted stock unit (“RSU”) activity under the Stock Incentive Plan: RSUs Outstanding Number of Shares Weighted Average Outstanding — August 31, 2022 — — Granted 32,733 $ 69.49 Canceled/forfeited ( 1,628 ) 62.14 Outstanding — August 31, 2023 31,105 $ 69.88 Granted 20,409 97.30 Vested ( 12,477 ) 72.42 Canceled/forfeited ( 2,917 ) 75.87 Outstanding — August 31, 2024 36,120 $ 84.01 The total fair value of RSUs vested was $ 0.9 million for the fiscal year ended August 31, 2024 . No RSUs vested during the fiscal years ended August 31, 2023, and August 31, 2022 . As of August 31, 2024, unrecognized stock-based compensation of $ 2.5 million related to unvested RSUs is expected to be recognized on a straight-line basis over a weighted average period of 2.7 years. Stock-based Compensation Expense Stock-based compensation for restaurant-level employees is included in other costs and stock-based compensation for corporate-level employees is included in general and administrative expenses in the statements of operations and comprehensive income (loss). The total stock-based compensation recognized under the Stock Incentive Plan in the statements of operations and comprehensive income (loss) is as follows: Fiscal Years Ended August 31, 2024 2023 2022 (amounts in thousands) Other costs $ 688 $ 506 $ 297 General and administrative expenses 3,626 3,044 2,112 Stock-based compensation, net of amounts capitalized $ 4,314 $ 3,550 $ 2,409 Amount capitalized to Property and equipment - net 218 — — Total stock-based compensation $ 4,532 $ 3,550 $ 2,409 Determination of Fair Value For the fiscal years ended August 31, 2024, August 31, 2023, and August 31, 2022, the fair value of stock options was estimated on the grant date using the Black-Scholes valuation model with the following assumptions: Fiscal Years Ended August 31, 2024 2023 2022 Expected term (in years) 6.11 6.11 5.50 - 6.11 Expected volatility 60.6 % - 67.3 % 58.6 - 64.0 % 62.3 % - 63.7 % Risk-free interest rate 3.84 % - 4.84 % 2.96 % - 4.15 % 1.23 % - 3.19 % Dividend rate — — — Weighted average grant date fair value $ 53.09 $ 45.79 $ 29.54 Expected Term - The expected term represents the period that the Company’s stock-based awards are expected to be outstanding. For option grants that are considered to be “plain vanilla,” the Company determines the expected term using the simplified method. The simplified method deems the term to be the average of the time-to-vesting and the contractual life of the options. Expected Volatility - Since the Company does not have a trading history of its common stock equivalent to the expected term of the stock option grants, the expected volatility is derived from the average historical stock volatilities of several unrelated public companies within the Company’s industry that the Company considers to be comparable to its business over a period equivalent to the expected term of the stock option grants. Risk-Free Interest Rate - The risk-free interest rate is based on the U.S. Treasury yield curve in effect at the time of grant for zero-coupon U.S. Treasury notes with maturities approximately equal to the option’s expected term. Dividend Rate - The expected dividend is assumed to be zero as the Company has never paid dividends and has no current plans to do so. Fair Value of Common Stock - The fair value of common stock is based on the closing price of the Company’s common stock, as reported on The Nasdaq Stock Market LLC.

Fair Value Measurements

Fair Value Measurements	12 Months Ended
	Aug. 31, 2024
Fair Value Disclosures [Abstract]
Fair Value Measurements	Note 7—Fair Value Measurements The following table sets forth the Company’s assets measured at fair value on a recurring basis as of August 31, 2023. The Company did no t have any assets and liabilities measured at fair value on a recurring basis as of August 31, 2024 or August 31, 2022. August 31, 2023 Level 1 Level 2 Level 3 Total (amounts in thousands) Assets: Certificates of deposits $ — $ 4,495 $ — $ 4,495 Treasury bills 4,047 — — 4,047 Total assets at fair value $ 4,047 $ 4,495 $ — $ 8,542 The Company’s cash and cash equivalents include cash on hand, deposits in banks, certificates of deposits and money market funds. Due to their short-term nature, the carrying amounts reported in the accompanying balance sheets approximate the fair value of cash and cash equivalents. The fair value of our certificates of deposits are considered using Level 2 inputs of the fair value hierarchy. Level 2 inputs are based on market data that include factors such as interest rates, market and pricing activity and other market-based valuation techniques. The Company determines realized gains or losses on the available-for-sale debt securities on a specific identification method.

Kura Sushi USA Inc. 401(k) Plan

Kura Sushi USA Inc. 401(k) Plan	12 Months Ended
	Aug. 31, 2024
Defined Contribution Plan [Abstract]
Kura Sushi USA, Inc. 401(k) Plan	Note 8—Kura Sushi USA, Inc. 401(k) Plan The Company maintains the Kura Sushi USA, Inc. 401(k) Plan (the “Plan”). The Plan covers all employees, subject to certain eligibility requirements. Starting in fiscal year 2022, the Company makes safe harbor matching contributions which vest immediately, equal to 100 % of each eligible participant’s salary deferrals that do not exceed 3 % of compensation, plus 50 % of each eligible participant’s salary deferrals betwe en 3 % and 5 % of compensation. The Company made matching Plan contributions o f $ 0.5 million , $ 0.4 million and $ 0.2 million during the fiscal years ended August 31, 2024, August 31, 2023 and August 31, 2022, respectively.

Debt

Debt	12 Months Ended
	Aug. 31, 2024
Debt Disclosure [Abstract]
Debt	Note 9—Debt On April 10, 2020, the Company and Kura Japan entered into a Revolving Credit Agreement, as amended, establishing a $ 45.0 million revolving credit line for the Company. The maturity date for each advance is 60 months from the date of disbursement and the last day of the period of availability for advances is April 10, 2025. The Revolving Credit Note under the Revolving Credit Agreement has an interest rate for advances fixed at 130 % of the Annual Compounding Long-Term Applicable Federal Rate (“AFR”) on the date such advance is made. There are no financial covenants under the Revolving Credit Agreement with which the Company must comply. As of August 31, 2024 and August 31, 2023 , the Company had no outstanding balance on the revolving credit line and had $ 45.0 million of availability remaining under the Revolving Credit Agreement.

Income (Loss) Per Share

Income (Loss) Per Share	12 Months Ended
	Aug. 31, 2024
Earnings Per Share [Abstract]
Income (Loss) Per Share	Note 10—Income (Loss) Per Share The net income (loss) per share attributable to common stockholders is allocated based on the contractual participation rights of the Class A common stock and Class B common stock as if the income for the year has been distributed. As the liquidation and dividend rights for Class A and Class B common stock are identical, the net loss attributable to all common stockholders is allocated on a proportionate basis. The following table sets forth the computation of the Company’s basic and diluted net income (loss) per share: Fiscal Years Ended August 31, 2024 2023 2022 Class A Class B Class A Class B Class A Class B (amounts in thousands, except per share data) Net income (loss) attributable to common stockholders – basic $ ( 8,018 ) $ ( 786 ) $ 1,356 $ 146 $ ( 685 ) $ ( 79 ) Net income (loss) attributable to common stockholders – diluted $ ( 8,018 ) $ ( 786 ) $ 1,361 $ 141 $ ( 685 ) $ ( 79 ) Weighted average common shares outstanding – basic 10,204 1,000 9,305 1,000 8,719 1,000 Dilutive effect of stock-based awards — — 335 — — — Weighted average common shares outstanding – diluted 10,204 1,000 9,640 1,000 8,719 1,000 Net income (loss) per share attributable to common stockholders – basic $ ( 0.79 ) $ ( 0.79 ) $ 0.15 $ 0.15 $ ( 0.08 ) $ ( 0.08 ) Net income (loss) per share attributable to common stockholders – diluted $ ( 0.79 ) $ ( 0.79 ) $ 0.14 $ 0.14 $ ( 0.08 ) $ ( 0.08 ) The Company computes basic income (loss) per common share using net income (loss) and the weighted average number of common shares outstanding during the period, and computes diluted income (loss) per common share using net income (loss) and the weighted average number of common shares and potentially dilutive common shares outstanding during the period. Potentially dilutive common shares include dilutive outstanding employee stock options and restricted stock units. For the fiscal years ended August 31, 2024, August 31, 2023 and August 31, 2022, there were 647 thousand , 685 thousand and 677 thousand sh ares of common stock, respectively, subject to outstanding employee stock options and RSUs that were excluded from the calculation of diluted income per share because their inclusion would have been anti-dilutive.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Aug. 31, 2024
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Note 11—Commitments and Contingencies On January 19, 2024, two former employees initiated arbitration against the Company. Subsequently, on February 26, 2024, three additional former employees initiated a separate arbitration against the Company. Both sets of claimants alleged violations of the Fair Labor Standards Act (“FLSA”) and violations of certain Washington, D.C. wage laws. In both arbitrations, claimants purported to raise collective claims on behalf of other similarly situated employees and former employees. In August 2024, the Company settled the claims with these five former employees, as well as 58 ot her current and former employees asserting similar claims (some under the laws of Pennsylvania, Virginia and Massachusetts), for approximately $ 3.9 million. Since that time, other current and former employees have asserted claims under the FLSA and applicable state laws (including Pennsylvania, New Jersey and Massachusetts) through counsel. In October 2024, the Company has agreed to settle those claims for approximately $ 1.2 million. The Company expensed $ 5.1 million related to these matters within general and administrative expenses in the statements of operations and comprehensive income (loss) during the fiscal year ended August 31, 2024. The Company has an accrued liability of $ 1.2 million related to these matters as of August 31, 2024, which was subsequently paid in October 2024. The Company is involved from time to time in various legal proceedings that arise in the ordinary course of business, including but not limited to commercial disputes, environmental matters, employee related claims, intellectual property disputes and litigation in connection with transactions including acquisitions and divestitures. In the opinion of management, the Company does not believe that such litigation, claims, and administrative proceedings, excluding the putative class action matter referenced above, will have a material adverse effect on its business, financial position, results of operations or cash flows. However, a significant increase in the number of these claims or an increase in amounts owing under successful claims, including the putative class action referenced above, could materially and adversely affect its business, financial condition, results of operations or cash flows. The Company records a liability when a loss is considered probable, and the amount can be reasonably estimated.

Income Taxes

Income Taxes	12 Months Ended
	Aug. 31, 2024
Income Tax Disclosure [Abstract]
Income Taxes	Note 12—Income Taxes The components of loss before provision for income taxes are as follows: Fiscal Years Ended August 31, 2024 2023 2022 (amounts in thousands) US $ ( 8,637 ) $ 1,735 $ ( 690 ) Total $ ( 8,637 ) $ 1,735 $ ( 690 ) The components of the provision for income taxes are as follows: Fiscal Years Ended August 31, 2024 2023 2022 (amounts in thousands) Current: Federal $ — $ — $ — State 167 233 74 Total current 167 233 74 Deferred: Federal — — — State — — — Total deferred — — — Total $ 167 $ 233 $ 74 The Company had an effective tax rate of ( 1.9 )% , 13.4 % , and ( 10.7 )% for the fiscal years ended August 31, 2024, August 31, 2023, and August 31, 2022 , respectively. The reconciliation of the statutory federal income tax rate to the Company’s effective tax rate was as follows: Fiscal Years Ended August 31, 2024 2023 2022 Tax at federal statutory rate 21.0 % 21.0 % 21.0 % Employer tip credit 16.9 ( 121.3 ) 125.8 Stock-based compensation 4.3 2.6 29.7 Change in valuation allowance ( 42.4 ) 96.8 ( 186.1 ) Other items ( 0.7 ) 3.6 3.7 State tax, net of federal benefit ( 1.0 ) 10.7 ( 4.8 ) Effective tax rate ( 1.9 )% 13.4 % ( 10.7 )% The Company recorded an income tax provision for the years ended August 31, 2024, 2023 and 2022 of $ 167 thousand , $ 233 thousand , and $ 74 thousand , respectively. The primary difference between the effective rate and the federal statutory tax rate relates to recognition of valuation allowance against deferred tax assets, employer tip credits, and non-deductible stock compensation. The deferred income taxes reflect the tax effects of the temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and amounts used for income tax purposes. The tax effects of temporary differences that give rise to significant portions of deferred tax assets and liabilities are as follows: As of August 31, 2024 2023 (amounts in thousands) Deferred tax assets: NOL carryover $ 8,430 $ 7,394 General business credit 7,983 6,087 Lease liabilities 39,080 32,080 State tax deduction 41 — Other 2,530 1,751 Gross deferred tax assets 58,064 47,312 Deferred tax liabilities: Basis difference on fixed assets ( 8,711 ) ( 7,911 ) Right-of-use assets ( 33,737 ) ( 27,885 ) Gross deferred tax liabilities ( 42,448 ) ( 35,796 ) Valuation allowance ( 15,616 ) ( 11,516 ) Net deferred tax $ — $ — As of August 31, 2024, the Company has U.S. federal net operating loss (“NOL”) carryover of approximately $ 32.9 million , various state NOL carryover of approximately $ 18.4 million, and federal tax credit carryover of approximately $ 8.0 million . If not utilized, $ 30.8 million of the federal NOL can be carried forward indefinitely, and the remainder will begin to expire in the fiscal year ending August 31, 2036. The federal tax credit will begin to expire in the fiscal year ending August 31, 2032 . U tilization of the Company’s NOL and federal tax credit carryover may be subject to a substantial annual limitation due to ownership change limitations that may have occurred or that could occur in the future, as required by Sections 382 and 383 of the Internal Revenue Code of 1986, as amended. The Com pany has no t re corded any unrecognized tax benefits as of August 31, 2024. Tax benefits of uncertain tax positions are recognized only if it is more likely than not that the Company will be able to sustain a position taken on an income tax return. The Company has no liability for uncertain positions. Interest and penalties, if any, related to unrecognized tax benefits would be recognized as income tax expense. The Company evaluates the realizability of its deferred tax assets on a quarterly basis and establishes a valuation allowance when it is more likely than not that all or a portion of a deferred tax asset may not be realized. The Company assesses the available positive and negative evidence to estimate whether sufficient future taxable income will be generated to permit use of the existing deferred tax assets. A significant piece of objective negative evidence evaluated was the cumulative loss incurred over the three-year period ended August 31, 2024, as well as significant deferred tax assets in excess of deferred tax liabilities. As a result, the Company determined that it is not more likely than not that it will generate sufficient future U.S. taxable income to realize its deferred tax assets and, therefore, recorded valuation allowances against the net deferred tax assets. The total amount of the valuation allowance was approximately $ 15.6 million . The net change for the valuation allowance was $ 4.1 million as of August 31, 2024. On August 16, 2022, Congress passed, and the President signed into law, the Inflation Reduction Act (the “IRA”), which includes certain business tax provisions. The IRA did not have a material impact on the Company’s effective tax rate or income tax expense for the fiscal year ended August 31, 2022.

Basis of Presentation and Sum_2

Basis of Presentation and Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Aug. 31, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Follow-On Offering	Follow-On Offering On April 13, 2023, the Company completed an underwritten public offering of common stock pursuant to the Company’s universal shelf registration statement on Form S-3, selling an aggregate of 1,265,000 shares of Class A common stock, including the exercise in full of the underwriters’ option to purchase 165,000 additional shares, at the price of $ 54.00 per share less an underwriting discount of $ 2.70 per share. The Company received aggregate net proceeds of $ 64.3 million after deducting the underwriting discounts and commissions and offering expenses payable by the Company. The proceeds are to be used for general corporate purposes, including capital expenditures, working capital, and other business purposes . No payments were made by the Company to directors, officers or persons owning 10 % or more of the Company’s common stock or to their associates, or to the Company’s affiliates.
Basis of Presentation	Basis of Presentation The accompanying financial statements have been prepared in accordance with generally accepted accounting principles in the United States (“GAAP”). The Company’s fiscal year begins on September 1 and ends on August 31 and references made to “fiscal year 2024”, “fiscal year 2023” and “fiscal year 2022” refer to the Company’s fiscal years ended August 31, 2024, August 31, 2023 and August 31, 2022 , respectively.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods presented. Significant items subject to such estimates include asset retirement obligations, short-term investments, stock-based compensation, the useful lives of assets, the assessment of the recoverability of long-lived assets, and income taxes. The Company evaluates its estimates and assumptions on an ongoing basis using historical experience and other factors and adjusts those estimates and assumptions when facts and circumstances dictate. Actual results could differ materially from those estimates and assumptions.
Concentration of Credit Risk	Concentration of Credit Risk Financial instruments that potentially subject the Company to concentration of credit risk consist principally of cash and cash equivalents. The Company maintains its cash and cash equivalents with financial institutions and, at times, the balance may exceed the Federal Deposit Insurance Corporation federally insured limits. The Company has never experienced any losses related to these balances.
Concentration of Significant Suppliers	Concentration of Significant Suppliers The Company relies on third parties for specified food products and supplies. In instances where these parties fail to perform their obligations, the Company may be unable to find alternative suppliers. The Company is subject to supplier concentration risk as JFC International Inc., a subsidiary of Kikkoman Corporation and the Company’s largest supplier, accounted for 55 % , 49 % , and 52 % of total food and beverage costs for fiscal years 2024, 2023 and 2022, respectively. The Company’s purchases from Mutual Trading Co., Inc were 34 % of our total food and beverage for fiscal year 2024 and were no t significant in 2023 and 2022 .
Segment Information	Segment Information Management has determined that the Company has one operating segment and therefore one reportable segment. The Company’s chief operating decision maker, its Chief Executive Officer, reviews financial performance and allocates resources. All of the Company’s sales are derived in the United States of America.
Cash and Cash Equivalents	Cash and Cash Equivalents Cash and cash equivalents consist primarily of cash on hand, deposits with banks, money market funds, certificates of deposits and term deposits. As of August 31, 2024 and August 31, 2023, cash and cash equivalents were $ 51.0 million and $ 69.7 million , respectively. Due to the short-term maturities and their relatively low interest rates, the carrying value of the money market funds approximates their fair value. Cash and cash equivalents are maintained at financial institutions with strong credit ratings. The Company considers all highly liquid investments with an original maturity at the date of purchase of three months or less to be cash equivalents.
Short-Term Investments	Short-Term Investments Short-term investments consist of certificates of deposits and Treasury bills. The Company considers all highly liquid investments with an original maturity date greater than three months but less than one year as short-term investments. The carrying value of the short-term investments is equivalent to their amortized cost basis. As of August 31, 2024, all of the Company’s short-term investments had reached full maturity. As of August 31, 2023, short-term investments were $ 8.5 million . The certificates of deposits were deposited at Federal Deposit Insurance Corporation (“FDIC”) insured banks. The certificates of deposits were in amounts of $ 250,000 in multiple banks so that the entire deposit balance is eligible for FDIC insurance. Certificates of deposits and Treasury bills were classified as available-for-sale debt securities which are measured at fair value with unrealized gains or losses recorded in other comprehensive income (loss). During the year ended August 31, 2024 , the Company reclassified $ 43 tho usand out of accumulated other comprehensive income and into earnings for the period related to maturities of certificates of deposits and treasury bills. As of August 31, 2023 , the Company recorded $ 43 thousand in unrealized gains on short-term investments in comprehensive loss, which consisted of $ 48 thousand in unrealized gains on Treasury bills and $ 5 thousand in unrealized losses on certificates of depos its. During the year ended August 31, 2023, the Company re classified $ 16 thousand out of accumulated other comprehensive income into earnings for the period related to maturities of certificates of deposits. The Company determines realized gains or losses on the available-for-sale debt securities on a specific identification method. Base d on the evaluation of credit risk factors, the Company has concluded that an allowance for credit losses was unnecessary for its short-term investments.
Accounts and Other Receivables	Accounts and Other Receivables Accounts and other receivables consist primarily of receivables from landlords for tenant allowances and credit card receivables. The Company does not extend credit to guests and thus does not have credit risk from guests. Accounts and other receivables balances are stated at the amounts management expects to collect from balances outstanding at fiscal year-end, and no allowance for doubtful accounts is recorded as of August 31, 2024 and August 31, 2023 .
Inventories	Inventories Inventories consist of food and beverages and are stated at the lower of cost or net realizable value, with cost determined on an average cost basis.
Property and Equipment	Property and Equipment Property and equipment consists of computer equipment, vehicles, software, furniture and fixtures, equipment, leasehold improvements and leased assets. Property and equipment are carried at cost, less accumulated depreciation and amortization. Depreciation and amortization on property and equipment is calculated using the straight-line method over the estimated useful lives of the respective assets. Leasehold improvements are amortized on a straight-line basis over the shorter of the remaining lease term or estimated life of the improvements. The following table represents the various types of property and equipment and their respective useful lives: Property and Equipment Useful Life Computer equipment 3 – 5 years Vehicles 5 years Software 5 years Furniture, fixtures and equipment 5 - 10 years Leasehold improvements Shorter of useful life or remaining lease term Lease assets Fixed lease term Long-lived assets to be held and used are reviewed for impairment whenever events or changes in circumstances indicate that the related carrying amount may be impaired. If an impairment loss has occurred, a charge is recorded to reduce the carrying amount of the asset to its estimated fair value.
Liquor Licenses	Liquor Licenses Liquor licenses are deemed to have indefinite useful lives and are subject to annual impairment testing. Liquor licenses are included in deposits and other assets in the accompanying balance sheets.
Asset Retirement Obligations	Asset Retirement Obligations Asset retirement obligations (“ARO”) represents the estimated present value of future expenses the Company expects to incur at the end of a lease to restore the location to its original condition. The ARO is recorded as a liability at its estimated present value at inception with an offsetting increase in the carrying amount of the related property and equipment in the accompanying balance sheet. Periodic accretion of the discount of the estimated liability is recorded as interest expense in the accompanying statements of operations and comprehensive income (loss). Asset retirement obligations are amortized on a straight-line basis over the shorter of the remaining lease term or estimated life of the leasehold improvements. The Company’s ARO liability is $ 0.8 million and $ 0.6 million as of August 31, 2024 and August 31, 2023 , respectively and is included in other liabilities in the accompanying balance sheets.
Impairment of Long-lived Assets	Impairment of Long-lived Assets The Company assesses potential impairments of its long-lived assets, which includes property and equipment and operating lease right-of-use assets, in accordance with the provisions of Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 360—Property, Plant and Equipment. An impairment test is performed on an annual basis or whenever events or changes in circumstances indicate that the carrying value of the assets may not be recoverable. In determining the recoverability of the asset value, an analysis is performed at the individual restaurant level. Assets are grouped at the individual restaurant level for purposes of the impairment assessment because a restaurant represents the lowest level for which identifiable cash flows are largely independent of the cash flows of other assets and liabilities. Recoverability of an asset group is measured by a comparison of the carrying amount of an asset group to its estimated undiscounted forecasted restaurant cash flows expected to be generated by the asset group. Factors considered by the Company in estimating future cash flows include but are not limited to: significant underperformance relative to expected historical or projected future operating results; significant changes in the manner of use of the acquired assets; and significant negative industry or economic trends. The estimated undiscounted forecasted cash flows include assumptions made by management regarding certain items such as revenue, food and beverage costs, labor costs, occupancy costs, and other restaurant operating costs and therefore are subject to uncertainty as the Company’s actual results may differ from its estimates. If the carrying amount of the asset group exceeds its estimated undiscounted future cash flows, an impairment charge is recognized as the amount by which the carrying amount of the asset exceeds the fair value of the asset, which is determined by the cost approach method. As of fiscal-year end August 31, 2024, the Company performed an impairment assessment and determined that the carrying value of an asset group at one individual restaurant may not be recoverable due to underperforming historical and projected future operating results. Based on impairment testing, the Company recorded impairment charges of $ 1.6 million related to the property and equipment. There was no impairment test performed for the fiscal year ended August 31, 2023 , and no impairment loss was recognized during the fiscal years ended August 31, 2023, and August 31, 2022 .
Income Taxes	Income Taxes The provision for income taxes, income taxes payable, and deferred income taxes are determined using the asset and liability method. Deferred income tax assets and liabilities are determined based on temporary differences between the financial carrying amounts and tax bases of assets and liabilities that will result in taxable or deductible amounts in the future. Such deferred income tax asset and liability computations are based on enacted tax laws and rates applicable to periods in which the differences are expected to reverse. The Company establishes a valuation allowance to the extent that it is more likely than not that deferred tax assets will not be recoverable against future taxable income. Income tax expense or benefit is the income tax payable or refundable for the period, plus or minus the change during the period to deferred income tax assets and liabilities. The Company regularly evaluates the likelihood of realizing the benefit for income tax positions it has taken in federal and state filings by considering all facts, circumstances, and information available. For those benefits that the Company believes it is more likely than not will be sustained, it recognizes the largest amount it believes is cumulatively greater than 50 % likely to be realized.
Revenue Recognition	Revenue Recognition Revenue from sales is recognized when food and beverages are sold to customers. Sales are presented net of discounts and sales taxes collected from customers.
Sales Taxes	Sales Taxes Sales taxes are imposed by state, county, and city governmental authorities, collected from customers and remitted to the appropriate governmental agency. The Company’s policy is to record the sales taxes collected as a liability on the books and then remove the liability when the sales tax is remitted. There is no impact on the statements of operations and comprehensive income (loss) as restaurant sales are recorded net of sales tax.
Operating and Finance Leases	Operating and Finance Leases At inception of a contract, the Company assesses whether the contract is a lease based on whether the contract conveys the right to control the use of an identified asset for a period of time in exchange for consideration. Lease classification, measurement, and recognition are determined at lease commencement, which is the date the underlying asset is available for use by the Company. The accounting classification of a lease is based on whether the arrangement is effectively a financed purchase of the underlying asset (finance lease) or not (operating lease). The Company has operating and finance leases for its corporate office, restaurant locations, office equipment, kitchen equipment and automobiles. The leases have remaining lease terms of less than 1 year to 20 years , some of which include options to extend the leases. For leases with renewal periods at the Company’s option, the Company determines the expected lease period based on whether the renewal of any options is reasonably assured at the inception of the lease. Operating leases are accounted for on the balance sheet with the right-of-use (“ROU”) assets and lease liabilities recognized in “Operating lease right-of-use assets,” “Operating lease liabilities - current” and “Operating lease liabilities - noncurrent” on the balance sheet, respectively. Finance leases are accounted for on the balance sheet with ROU assets and lease liabilities recognized in “Property and equipment, net,” “Other current liabilities” and “Other liabilities” on the balance sheet, respectively. Lease assets and liabilities are recognized at the lease commencement date. All lease liabilities are measured at the present value of the lease payments not yet paid. To determine the present value of lease payments not yet paid, the Company estimates incremental borrowing rates corresponding to the maturities of the leases. As the Company has no outstanding debt, it estimates this rate based on prevailing financial market conditions, a synthetic credit rating, credit analysis, and management judgment. ROU assets, for both operating and finance leases, are initially measured based on the lease liability, adjusted for initial direct costs, prepaid or deferred rent, and lease incentives. The operating lease ROU assets are subsequently measured at the carrying amount of the lease liability adjusted for initial direct costs, prepaid or accrued lease payments, and lease incentives. Depreciation of the finance lease ROU assets are subsequently calculated using the straight-line method over the shorter of the estimated useful lives or the expected lease terms and recorded in “Depreciation and amortization expense” on the statement of operations. The Company accounts for lease and non-lease components as a single component for its entire population of operating lease assets. The Company recognizes the short-term lease exemption for all applicable classes of underlying assets. Short-term disclosures include only those leases with a term greater than one month and twelve months or less, and expense is recognized on a straight-line basis over the lease term. Leases with an initial term of twelve months or less, that do not include an option to purchase the underlying asset that the Company is reasonably certain to exercise, are not recorded on the balance sheet. The Company recognizes expense for these leases on a straight-line basis over the lease term. In addition to the fixed minimum payments required under the lease arrangements, certain leases require variable lease payments, such as common area maintenance, insurance and real estate taxes, which are recognized when the associated activity occurs. Additionally, contingent rental payments based on sales thresholds for certain of its restaurants are accrued based on estimated sales.
Other Costs	Other Costs Other costs in restaurant operating costs in the accompanying statements of operations and comprehensive income (loss) include utilities, repairs and maintenance, credit card fees, royalty payments, stock-based compensation for restaurant-level employees, advertising costs and other restaurant-level expenses. The Company incurred $ 34.7 million , $ 24.9 million and $ 17.5 million in other costs for the fiscal years ended August 31, 2024, August 31, 2023 and August 31, 2022 , respectively.
Advertising Costs	Advertising Costs Advertising costs are expensed as incurred and are included in other costs in the accompanying statements of operations and comprehensive income (loss). The Company incurred $ 3.0 million , $ 2.7 million and $ 1.3 million in advertising expenses for the fiscal years ended August 31, 2024, August 31, 2023 and August 31, 2022 , respectively.
Fair Value Measurements	Fair Value Measurements The Company defines fair value as the exchange price that would be received from the sale of an asset or paid to transfer a liability in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. Valuation techniques used to measure fair value must maximize the use of observable inputs and minimize the use of unobservable inputs. The fair value measurement accounting guidance creates a fair value hierarchy to prioritize the inputs used to measure fair value into three categories. A financial instrument’s level within the fair value hierarchy is based on the lowest level of input significant to the fair value measurement, where Level 1 is the highest and Level 3 is the lowest. The three levels are defined as follows: Level 1 – Observable inputs that reflect unadjusted quoted prices for identical assets or liabilities in active markets. Active markets are those in which transactions for the asset or liability occur with sufficient frequency and volume to provide pricing information on an ongoing basis. Level 2 – Observable inputs other than Level 1 prices, such as unadjusted quoted prices for similar assets or liabilities in active markets, unadjusted quoted prices for identical or similar assets or liabilities in markets that are not active, or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities; and Level 3 – Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. These inputs are based on the Company’s own assumptions used to measure assets and liabilities at fair value and require significant management judgment or estimation. The Company’s financial statements include cash and cash equivalents, accounts and other receivables, accounts payable, accrued expenses and other current liabilities, and salaries and wages payable for which the carrying amounts approximate fair value due to their short-term maturity. The fair value of our short-term investments, specifically certificates of deposits are considered Level 2 inputs of the fair value hierarchy. The fair value of payments due to or from Kura Japan is not determinable due to its related-party nature.
Stock-based Compensation	Stock-based Compensation Stock-based compensation consists of stock options and restricted stock units (“RSUs”) issued to employees and non-employees. The Company measures and recognizes stock-based compensation based on the grant date fair value of the award. The fair value of stock options is estimated using the Black-Scholes option-pricing model and is impacted by the fair value of the Company’s common stock, as well as changes in assumptions regarding certain subjective variables. These variables include, but are not limited to, the expected common stock price volatility over the term of the stock option awards, the expected term of the awards, risk-free interest rates and the expected dividend yield. The fair value of restricted stock awards is based on the closing market price of the Company’s stock on the date of grant. Forfeitures are recognized as they occur. For stock options that are based on a service requirement, the cost is recognized on a straight-line basis over the requisite service period, which is typically the vesting period. Stock options and RSUs granted in fiscal years 2024, 2023 and 2022 h ave vesting periods ranging from 12 months to 48 months . E ach award expires on such date as shall be determined at the date of grant; however, the maximum contractual term of options to acquire common stock is ten years after the initial date of the award. Vested RSUs do not expire. For RSUs, all unvested awards shall be forfeited immediately upon termination.
Comprehensive Income (Loss)	Comprehensive Income (Loss) Comprehensive income (loss) is defined as the change in equity of a business enterprise during a period from transactions and other events and circumstances from non-owner sources. The Company’s short-term investments consist of certificates of deposits and Treasury bills that are classified as available-for-sale debt securities which are measured at fair value with unrealized gains or losses recorded in other comprehensive income (loss).
Income (Loss) Per Share	Income (Loss) Per Share Income (loss) per share is calculated by dividing net income (loss) by the weighted average shares outstanding during the period, without consideration of common stock equivalents. Diluted income (loss) per share assumes the conversion, exercise or issuance of all potential dilutive common stock equivalents outstanding for the period. For the purposes of this calculation, options and restricted stock units are considered to be common stock equivalents and are only included in the calculation of diluted earnings per share when their effect is dilutive. Diluted income (loss) per share is calculated by adjusting weighted average shares outstanding for the dilutive effect of common stock equivalents outstanding for the period, determined using the treasury-stock method
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements In December 2023, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2023-09, “Income Taxes (Topic 740): Improvements to Income Tax Disclosures”, which requires greater disaggregation of income tax disclosures related to the income tax rate reconciliation and income taxes paid and effective for fiscal years beginning after December 15, 2024. Early adoption is permitted for annual financial statements that have not yet been issued. The amendments should be applied on a prospective basis although retrospective application is permitted. The Company is currently evaluating the effects of this pronouncement on its financial statements and expects the update to result in additional disclosures. In November 2023, the FASB issued ASU 2023-07, “Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures,” which improves reportable segment disclosure requirements, primarily through enhanced disclosures about significant segment expenses. The guidance in this update is effective for all public entities for fiscal years beginning after December 15, 2023, with early adoption permitted. The Company is currently evaluating the effects of this pronouncement on its financial statements and expects the update to result in additional disclosures.

Basis of Presentation and Sum_3

Basis of Presentation and Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Aug. 31, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Schedule of Various Types of Property and Equipment and Their Useful Lives	The following table represents the various types of property and equipment and their respective useful lives: Property and Equipment Useful Life Computer equipment 3 – 5 years Vehicles 5 years Software 5 years Furniture, fixtures and equipment 5 - 10 years Leasehold improvements Shorter of useful life or remaining lease term Lease assets Fixed lease term

Balance Sheet Components (Table

Balance Sheet Components (Tables)	12 Months Ended
	Aug. 31, 2024
Property, Plant and Equipment, Net [Abstract]
Schedule of Accounts and Other Receivables	Accounts and Other Receivables Accounts and other receivables as of August 31, 2024 and August 31, 2023 consists of the following: As of August 31, 2024 2023 (amounts in thousands) Lease receivables $ 1,701 $ 3,973 Credit card and other receivables 2,872 1,075 Total accounts and other receivables $ 4,573 $ 5,048
Schedule of Inventories	Inventories Inventories as of August 31, 2024 and August 31, 2023 consists of the following: As of August 31, 2024 2023 (amounts in thousands) Food $ 2,013 $ 1,575 Beverages 206 172 Total inventories $ 2,219 $ 1,747
Schedule of Prepaid Expenses and Other Current Assets	Prepaid Expenses and Other Current Assets Prepaid expenses and other current assets as of August 31, 2024 and August 31, 2023 consists of the following: As of August 31, 2024 2023 (amounts in thousands) Prepaid expenses $ 3,013 $ 3,697 Other current assets 378 536 Total prepaid expenses and other current assets $ 3,391 $ 4,233
Schedule of Property and Equipment - Net	Property and Equipment - net Property and equipment - net as of August 31, 2024 and August 31, 2023 consists of the following: As of August 31, 2024 2023 (amounts in thousands) Leasehold improvements $ 100,345 $ 75,472 Lease assets 6,108 6,247 Furniture, fixtures and equipment 50,951 34,213 Computer equipment 3,714 2,792 Vehicles 243 220 Software 1,017 1,016 Construction in progress 15,080 14,369 Property and equipment – gross 177,458 134,329 Less: accumulated depreciation and ( 38,869 ) ( 27,902 ) Total property and equipment – net $ 138,589 $ 106,427
Schedule of Deposits and Other Assets	Deposits and Other Assets Deposits and other assets, as of August 31, 2024 and August 31, 2023 consists of the following: As of August 31, 2024 2023 (amounts in thousands) Deposits $ 1,150 $ 1,486 Liquor licenses 3,766 3,491 Total deposits and other assets $ 4,916 $ 4,977

Leases (Tables)

Leases (Tables)	12 Months Ended
	Aug. 31, 2024
Leases [Abstract]
Summary of Lease Related Costs	Lease related costs recognized in the statements of operations and comprehensive income (loss) for fiscal years 2024, 2023 and 2022 are as follows: Fiscal Years Ended August 31, 2024 2023 2022 (amounts in thousands) Operating lease cost Classification Operating lease cost Occupancy and related expenses, other costs and general and administrative expenses $ 13,319 $ 10,203 $ 7,859 Variable lease cost Occupancy and related expenses, and general and administrative expenses 3,574 3,176 2,181 Total operating lease cost $ 16,893 $ 13,379 $ 10,040
Summary of Supplemental Balance Sheet Information	Supplemental balance sheet information related to leases is as follows: Operating Leases As of August 31, 2024 2023 (amounts in thousands) Right-of-use assets $ 123,682 $ 103,884 Lease liabilities – current $ 10,674 $ 9,225 Lease liabilities – non-current 130,677 110,234 Total lease liabilities $ 141,351 $ 119,459 As of August 31, 2024 2023 Weighted Average Remaining Lease Term (Years) Operating leases 16.5 16.1 Weighted Average Discount Rate Operating leases 7.1 % 7.0 %
Summary of Supplemental Disclosures of Cash Flow Information Related to Leases	Supplemental disclosures of cash flow information related to leases are as follows: Fiscal Years Ended August 31, 2024 2023 (amounts in thousands) Operating cash flows paid for operating lease liabilities $ 10,723 $ 7,935 Operating right-of-use assets obtained in exchange $ 25,475 $ 27,062
Summary of Maturities of Lease Liabilities Net of Lease Receivables	Maturities of lease liabilities are as follows as of August 31, 2024: Operating Leases (amounts in thousands) 2024 $ 9,327 2025 13,859 2026 13,556 2027 13,902 2028 14,277 Thereafter 186,490 Total lease payments 251,411 Less: imputed interest ( 110,060 ) Present value of lease liabilities $ 141,351

Related Party Transactions (Tab

Related Party Transactions (Tables)	12 Months Ended
	Aug. 31, 2024
Related Party Transactions [Abstract]
Schedule of Related Party Transactions Due to and from Affiliates	Balances with Kura Japan as of August 31, 2024 and August 31, 2023 are as follows: As of August 31, 2024 2023 (amounts in thousands) Due from affiliate $ 166 $ 104 Due to affiliate $ 373 $ 555
Schedule of Related Party Reimbursements and Other Payments	Reimbursements and other payments by the Company to Kura Japan for fiscal years ended August 31, 2024, August 31, 2023, and August 31, 2022 are as follows: Fiscal Years Ended August 31, 2024 2023 2022 (amounts in thousands) Related party transactions: Expatriate salaries expense $ 153 $ 120 $ 151 Royalty payments 1,189 938 708 Travel and other administrative expenses 26 35 9 Purchases of equipment 2,664 3,327 1,449 Total related party transactions $ 4,032 $ 4,420 $ 2,317

Stock-based Compensation (Table

Stock-based Compensation (Tables)	12 Months Ended
	Aug. 31, 2024
Share-Based Payment Arrangement [Abstract]
Summary of Stock Option Activity under Stock Incentive Plan	Stock option activity under the Stock Incentive Plan is as follows: Options Outstanding Number of Weighted Weighted Aggregate (amounts in Outstanding—August 31, 2021 625,378 $ 17.13 4.9 $ 21,060 Granted 227,596 51.24 Exercised ( 81,742 ) 11.74 Canceled/forfeited ( 95,290 ) 32.41 Outstanding—August 31, 2022 675,942 $ 27.12 7.7 $ 32,290 Granted 141,202 68.19 Exercised ( 93,915 ) 20.84 Canceled/forfeited ( 69,834 ) 51.90 Outstanding—August 31, 2023 653,395 $ 34.25 7.2 $ 34,766 Granted 76,581 87.51 Exercised ( 96,748 ) 25.76 Canceled/forfeited ( 22,714 ) 65.42 Outstanding—August 31, 2024 610,514 $ 41.11 6.6 $ 17,484 Options exercisable 422,432 $ 27.39 5.8 $ 16,549
Summary of Restricted Stock Unit (RSU) Activity Under Stock Incentive Plan	The following table summarizes the restricted stock unit (“RSU”) activity under the Stock Incentive Plan: RSUs Outstanding Number of Shares Weighted Average Outstanding — August 31, 2022 — — Granted 32,733 $ 69.49 Canceled/forfeited ( 1,628 ) 62.14 Outstanding — August 31, 2023 31,105 $ 69.88 Granted 20,409 97.30 Vested ( 12,477 ) 72.42 Canceled/forfeited ( 2,917 ) 75.87 Outstanding — August 31, 2024 36,120 $ 84.01 The total fair value of RSUs vested was $ 0.9 million for the fiscal year ended August 31, 2024 . No RSUs vested during the fiscal years ended August 31, 2023, and August 31, 2022 .
Summary of Stock Based Compensation Expense Recognized under Stock Incentive Plan	The total stock-based compensation recognized under the Stock Incentive Plan in the statements of operations and comprehensive income (loss) is as follows: Fiscal Years Ended August 31, 2024 2023 2022 (amounts in thousands) Other costs $ 688 $ 506 $ 297 General and administrative expenses 3,626 3,044 2,112 Stock-based compensation, net of amounts capitalized $ 4,314 $ 3,550 $ 2,409 Amount capitalized to Property and equipment - net 218 — — Total stock-based compensation $ 4,532 $ 3,550 $ 2,409
Fair Value of Stock Options Estimated on Grant Date	Determination of Fair Value For the fiscal years ended August 31, 2024, August 31, 2023, and August 31, 2022, the fair value of stock options was estimated on the grant date using the Black-Scholes valuation model with the following assumptions: Fiscal Years Ended August 31, 2024 2023 2022 Expected term (in years) 6.11 6.11 5.50 - 6.11 Expected volatility 60.6 % - 67.3 % 58.6 - 64.0 % 62.3 % - 63.7 % Risk-free interest rate 3.84 % - 4.84 % 2.96 % - 4.15 % 1.23 % - 3.19 % Dividend rate — — — Weighted average grant date fair value $ 53.09 $ 45.79 $ 29.54

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	12 Months Ended
	Aug. 31, 2024
Fair Value Disclosures [Abstract]
Schedule of Assets Measured at Fair Value on a Recurring Basis	The following table sets forth the Company’s assets measured at fair value on a recurring basis as of August 31, 2023. The Company did no t have any assets and liabilities measured at fair value on a recurring basis as of August 31, 2024 or August 31, 2022. August 31, 2023 Level 1 Level 2 Level 3 Total (amounts in thousands) Assets: Certificates of deposits $ — $ 4,495 $ — $ 4,495 Treasury bills 4,047 — — 4,047 Total assets at fair value $ 4,047 $ 4,495 $ — $ 8,542

Income (Loss) Per Share (Tables

Income (Loss) Per Share (Tables)	12 Months Ended
	Aug. 31, 2024
Earnings Per Share [Abstract]
Computation of Basic and Diluted Net Income (Loss) Per Share	The following table sets forth the computation of the Company’s basic and diluted net income (loss) per share: Fiscal Years Ended August 31, 2024 2023 2022 Class A Class B Class A Class B Class A Class B (amounts in thousands, except per share data) Net income (loss) attributable to common stockholders – basic $ ( 8,018 ) $ ( 786 ) $ 1,356 $ 146 $ ( 685 ) $ ( 79 ) Net income (loss) attributable to common stockholders – diluted $ ( 8,018 ) $ ( 786 ) $ 1,361 $ 141 $ ( 685 ) $ ( 79 ) Weighted average common shares outstanding – basic 10,204 1,000 9,305 1,000 8,719 1,000 Dilutive effect of stock-based awards — — 335 — — — Weighted average common shares outstanding – diluted 10,204 1,000 9,640 1,000 8,719 1,000 Net income (loss) per share attributable to common stockholders – basic $ ( 0.79 ) $ ( 0.79 ) $ 0.15 $ 0.15 $ ( 0.08 ) $ ( 0.08 ) Net income (loss) per share attributable to common stockholders – diluted $ ( 0.79 ) $ ( 0.79 ) $ 0.14 $ 0.14 $ ( 0.08 ) $ ( 0.08 )

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Aug. 31, 2024
Income Tax Disclosure [Abstract]
Summary of Components of Loss Before Provision for Income Taxes	The components of loss before provision for income taxes are as follows: Fiscal Years Ended August 31, 2024 2023 2022 (amounts in thousands) US $ ( 8,637 ) $ 1,735 $ ( 690 ) Total $ ( 8,637 ) $ 1,735 $ ( 690 )
Summary of Components of Provision for Income Taxes	The components of the provision for income taxes are as follows: Fiscal Years Ended August 31, 2024 2023 2022 (amounts in thousands) Current: Federal $ — $ — $ — State 167 233 74 Total current 167 233 74 Deferred: Federal — — — State — — — Total deferred — — — Total $ 167 $ 233 $ 74
Summary of Reconciliation of Statutory Federal Income Tax Rate	The reconciliation of the statutory federal income tax rate to the Company’s effective tax rate was as follows: Fiscal Years Ended August 31, 2024 2023 2022 Tax at federal statutory rate 21.0 % 21.0 % 21.0 % Employer tip credit 16.9 ( 121.3 ) 125.8 Stock-based compensation 4.3 2.6 29.7 Change in valuation allowance ( 42.4 ) 96.8 ( 186.1 ) Other items ( 0.7 ) 3.6 3.7 State tax, net of federal benefit ( 1.0 ) 10.7 ( 4.8 ) Effective tax rate ( 1.9 )% 13.4 % ( 10.7 )%
Summary of Deferred Income Tax Assets and Liabilities	The tax effects of temporary differences that give rise to significant portions of deferred tax assets and liabilities are as follows: As of August 31, 2024 2023 (amounts in thousands) Deferred tax assets: NOL carryover $ 8,430 $ 7,394 General business credit 7,983 6,087 Lease liabilities 39,080 32,080 State tax deduction 41 — Other 2,530 1,751 Gross deferred tax assets 58,064 47,312 Deferred tax liabilities: Basis difference on fixed assets ( 8,711 ) ( 7,911 ) Right-of-use assets ( 33,737 ) ( 27,885 ) Gross deferred tax liabilities ( 42,448 ) ( 35,796 ) Valuation allowance ( 15,616 ) ( 11,516 ) Net deferred tax $ — $ —

Organization and Description _2

Organization and Description of Business - Additional Information (Details) - Class A - USD ($)		12 Months Ended
	Apr. 13, 2023	Aug. 31, 2023
Follow-On Offering
Organization and Basis of Presentation [Line Items]
Shares issued	1,265,000
Proceeds from offering	$ 64,300,000
Payments to directors, officers or persons owning 10% or more of common stock to associates or affiliates	$ 0
Percentage of common stock owned by directors, officers or persons	10%
Common Stock
Organization and Basis of Presentation [Line Items]
Issuance of common stock in connection with follow-on public offering, net of underwriter discounts and issuance costs, shares		1,265
Underwrites | Follow-On Offering
Organization and Basis of Presentation [Line Items]
Sale of stock, price per share	$ 54
Underwriting discount per share	$ 2.7
Issuance of common stock in connection with follow-on public offering, net of underwriter discounts and issuance costs, shares	165,000

Basis of Presentation and Sum_4

Basis of Presentation and Summary of Significant Accounting Policies - Additional Information (Details)	12 Months Ended
	Aug. 31, 2024 USD ($) Segment	Aug. 31, 2023 USD ($)	Aug. 31, 2022 USD ($)
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Number of operating segment | Segment	1
Number of reportable segment | Segment	1
Cash and cash equivalents	$ 50,986,000	$ 69,697,000
Allowance for doubtful accounts	$ 0	0
Property, Plant and Equipment, Depreciation Method [Extensible Enumeration]	us-gaap:StraightLineDepreciationMethodMember
Impairment of long-lived assets	$ 1,553,000	0	$ 0
Operating and finance leases, remaining lease start range terms description	less than 1 year
Outstanding borrowings	$ 0
Other costs	34,748,000	24,911,000	17,517,000
Advertising expenses	3,000,000	2,700,000	$ 1,300,000
Short-term investments		8,542,000
Unrealized gains (losses) on short-term investments	(43,000)	43,000
Accumulated other comprehensive income into earnings		43,000
Certificates of Deposit
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Short-term investments		250,000
Unrealized gains (losses) on short-term investments		(5,000)
Accumulated other comprehensive income into earnings		16,000
Treasury Bills
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Unrealized gains (losses) on short-term investments		48,000
Accumulated other comprehensive income into earnings	43,000
Other Liabilities
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Asset retirement obligation liability	$ 800,000	600,000
Minimum
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Income tax benefit being realized	50%
Short-term lease, term of contract	1 month
Stock options granted, vesting period	12 months
Maximum
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Operating and finance leases, remaining lease terms	20 years
Short-term lease, term of contract	12 months
Short-term lease initial term	12 months
Stock options granted, vesting period	48 months
Money Market Funds and Term Deposits
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Cash and cash equivalents	$ 51,000,000	$ 69,700,000
Product Concentration Risk | Sales Revenue Net | Food and Beverage Costs | JFC International Inc.
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Concentration risk, percentage	55%	49%	52%
Product Concentration Risk | Sales Revenue Net | Food and Beverage Costs | Mutual Trading Co., Inc
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Concentration risk, percentage	34%	0%	0%

Basis of Presentation and Sum_5

Basis of Presentation and Summary of Significant Accounting Policies - Schedule of Various Types of Property and Equipment and Their Useful Lives (Details)	Aug. 31, 2024
Computer Equipment | Minimum
Property Plant And Equipment [Line Items]
Property and equipment, useful life	3 years
Computer Equipment | Maximum
Property Plant And Equipment [Line Items]
Property and equipment, useful life	5 years
Vehicles
Property Plant And Equipment [Line Items]
Property and equipment, useful life	5 years
Software
Property Plant And Equipment [Line Items]
Property and equipment, useful life	5 years
Furniture, Fixtures and Equipment | Minimum
Property Plant And Equipment [Line Items]
Property and equipment, useful life	5 years
Furniture, Fixtures and Equipment | Maximum
Property Plant And Equipment [Line Items]
Property and equipment, useful life	10 years
Leasehold Improvements
Property Plant And Equipment [Line Items]
Property, Plant, and Equipment, Useful Life, Term, Description [Extensible Enumeration]	us-gaap:UsefulLifeShorterOfTermOfLeaseOrAssetUtilityMember
Lease Assets
Property Plant And Equipment [Line Items]
Property, Plant, and Equipment, Useful Life, Term, Description [Extensible Enumeration]	us-gaap:UsefulLifeTermOfLeaseMember

Balance Sheet Components - Sche

Balance Sheet Components - Schedule of Accounts and Other Receivables (Details) - USD ($) $ in Thousands	Aug. 31, 2024	Aug. 31, 2023
Receivables Net Current [Line Items]
Accounts and other receivables	$ 4,573	$ 5,048
Lease Receivables
Receivables Net Current [Line Items]
Accounts and other receivables	1,701	3,973
Credit Card and Other Receivables
Receivables Net Current [Line Items]
Accounts and other receivables	$ 2,872	$ 1,075

Balance Sheet Components - Sc_2

Balance Sheet Components - Schedule of Inventories (Details) - USD ($) $ in Thousands	Aug. 31, 2024	Aug. 31, 2023
Inventory [Line Items]
Total inventories	$ 2,219	$ 1,747
Food
Inventory [Line Items]
Total inventories	2,013	1,575
Beverages
Inventory [Line Items]
Total inventories	$ 206	$ 172

Balance Sheet Components - Sc_3

Balance Sheet Components - Schedule of Prepaid Expenses and Other Current Assets (Details) - USD ($) $ in Thousands	Aug. 31, 2024	Aug. 31, 2023
Prepaid Expense and Other Assets, Current [Abstract]
Prepaid expenses	$ 3,013	$ 3,697
Other current assets	378	536
Total prepaid expenses and other current assets	$ 3,391	$ 4,233

Balance Sheet Components - Sc_4

Balance Sheet Components - Schedule of Property and Equipment - Net (Details) - USD ($) $ in Thousands	Aug. 31, 2024	Aug. 31, 2023
Property Plant And Equipment [Line Items]
Property and equipment - gross	$ 177,458	$ 134,329
Less: accumulated depreciation and amortization	(38,869)	(27,902)
Total property and equipment – net	138,589	106,427
Leasehold Improvements
Property Plant And Equipment [Line Items]
Property and equipment - gross	100,345	75,472
Lease Assets
Property Plant And Equipment [Line Items]
Property and equipment - gross	6,108	6,247
Furniture, Fixtures and Equipment
Property Plant And Equipment [Line Items]
Property and equipment - gross	50,951	34,213
Computer Equipment
Property Plant And Equipment [Line Items]
Property and equipment - gross	3,714	2,792
Vehicles
Property Plant And Equipment [Line Items]
Property and equipment - gross	243	220
Software
Property Plant And Equipment [Line Items]
Property and equipment - gross	1,017	1,016
Construction in Progress
Property Plant And Equipment [Line Items]
Property and equipment - gross	$ 15,080	$ 14,369

Balance Sheet Components - Addi

Balance Sheet Components - Additional Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2024	Aug. 31, 2023	Aug. 31, 2022
Property, Plant and Equipment, Net [Abstract]
Depreciation and amortization expenses	$ 11,787	$ 7,832	$ 5,613

Balance Sheet Components - Sc_5

Balance Sheet Components - Schedule of Deposits and Other Assets (Details) - USD ($) $ in Thousands	Aug. 31, 2024	Aug. 31, 2023
Deposits And Other Assets [Line Items]
Total deposits and other assets	$ 4,916	$ 4,977
Deposits
Deposits And Other Assets [Line Items]
Total deposits and other assets	1,150	1,486
Liquor Licenses
Deposits And Other Assets [Line Items]
Total deposits and other assets	$ 3,766	$ 3,491

Leases - Additional Information

Leases - Additional Information (Details) - USD ($) $ in Millions	12 Months Ended
	Aug. 31, 2024	Sep. 01, 2024
Lessee Lease Description [Line Items]
Operating and finance leases, remaining lease start range terms description	less than 1 year
Operating lease liability not yet commenced, liability	$ 51.4
Option to extend, existence, lease liabilities not yet commenced, operating lease	true
Subsequent Event
Lessee Lease Description [Line Items]
Operating lease liability not yet commenced, liability		$ 17.8
Operating lease liabilities not yet commenced, lease term		20 years
Maximum
Lessee Lease Description [Line Items]
Operating and finance leases, remaining lease terms	20 years

Leases - Summary of Lease Relat

Leases - Summary of Lease Related Costs (Details) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2024	Aug. 31, 2023	Aug. 31, 2022
Operating lease cost
Operating lease cost	$ 13,319	$ 10,203	$ 7,859
Variable lease cost	3,574	3,176	2,181
Total operating lease cost	$ 16,893	$ 13,379	$ 10,040

Leases - Summary of Operating L

Leases - Summary of Operating Leases (Details) - USD ($) $ in Thousands	Aug. 31, 2024	Aug. 31, 2023
Leases [Abstract]
Right-of-use assets	$ 123,682	$ 103,884
Lease liabilities – current	10,674	9,225
Lease liabilities – non-current	130,677	110,234
Total lease liabilities	$ 141,351	$ 119,459

Leases - Summary of Weighted Av

Leases - Summary of Weighted Average Remaining Lease Term and Weighted Average Discount Rate (Details)	Aug. 31, 2024	Aug. 31, 2023
Weighted Average Remaining Lease Term (Years)
Operating leases	16 years 6 months	16 years 1 month 6 days
Weighted Average Discount Rate
Operating leases	7.10%	7%

Leases - Summary of Supplementa

Leases - Summary of Supplemental Disclosures of Cash Flow Information Related to Leases (Details) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2024	Aug. 31, 2023
Leases [Abstract]
Operating cash flows paid for operating lease liabilities	$ 10,723	$ 7,935
Operating right-of-use assets obtained in exchange for new operating lease liabilities	$ 25,475	$ 27,062

Leases - Summary of Maturities

Leases - Summary of Maturities of Lease Liabilities (Details) - USD ($) $ in Thousands	Aug. 31, 2024	Aug. 31, 2023
Operating Leases
2024	$ 9,327
2025	13,859
2026	13,556
2027	13,902
2028	14,277
Thereafter	186,490
Total lease payments	251,411
Less: imputed interest	(110,060)
Present value of lease liabilities	$ 141,351	$ 119,459

Related Party Transactions - Ad

Related Party Transactions - Additional Information (Details) - Kura Japan - USD ($) $ in Millions	1 Months Ended	12 Months Ended
	Aug. 31, 2019	Aug. 31, 2024	Aug. 31, 2023	Aug. 31, 2022	Apr. 09, 2021
Professional Fees, Travel and Other Administrative Expenses
Related Party Transaction [Line Items]
Reimbursements by related party		$ 0.3	$ 0.2	$ 0.2
Revolving Credit Facility Agreement | COVID-19
Related Party Transaction [Line Items]
Credit facility maximum borrowing capacity					$ 45
Amended and Restated Exclusive License Agreement
Related Party Transaction [Line Items]
Royalty fee of net sales	0.50%

Related Party Transactions - Sc

Related Party Transactions - Schedule of Related Party Transactions Due to and from Affiliates (Details) - USD ($) $ in Thousands	Aug. 31, 2024	Aug. 31, 2023
Related Party Transaction [Line Items]
Due from affiliate	$ 378	$ 536
Kura Japan
Related Party Transaction [Line Items]
Due from affiliate	166	104
Due to affiliate	$ 373	$ 555

Related Party Transactions - _2

Related Party Transactions - Schedule of Related Party Reimbursements and Other Payments (Details) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2024	Aug. 31, 2023	Aug. 31, 2022
Related Party Transaction [Line Items]
Total restaurant operating costs	$ 208,337	$ 158,652	$ 119,199
Kura Japan
Related Party Transaction [Line Items]
Total restaurant operating costs	4,032	4,420	2,317
Expatriate Salaries Expense | Kura Japan
Related Party Transaction [Line Items]
Total restaurant operating costs	153	120	151
Royalty Payments | Kura Japan
Related Party Transaction [Line Items]
Total restaurant operating costs	1,189	938	708
Travel and Other Administrative Expenses | Kura Japan
Related Party Transaction [Line Items]
Total restaurant operating costs	26	35	9
Purchases of Equipment | Kura Japan
Related Party Transaction [Line Items]
Total restaurant operating costs	$ 2,664	$ 3,327	$ 1,449

Stock-based Compensation - Addi

Stock-based Compensation - Additional Information (Details) - USD ($)	12 Months Ended
	Aug. 31, 2024	Aug. 31, 2023	Aug. 31, 2022	Aug. 31, 2021	Jan. 31, 2018
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Expected dividend	0%
Restricted Stock Units
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Fair value of RSUs vested	$ 900,000	$ 0	$ 0
Stock Incentive Plan
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Plan authorized shares to be granted					1,350,000
Stock-based compensation expense	4,314,000	$ 3,550,000	$ 2,409,000
Total intrinsic value of stock options exercised	$ 6,300,000
Stock options outstanding	610,514	653,395	675,942	625,378
Fair value of options vested	$ 3,700,000	$ 3,100,000	$ 1,700,000
Unrecognized stock-based compensation	$ 7,200,000
Unvested stock options expected to be recognized on a straight-line basis over a weighted average period	2 years 7 months 6 days
Stock Incentive Plan | Restricted Stock Units
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Unrecognized stock-based compensation	$ 2,500,000
Unvested stock options expected to be recognized on a straight-line basis over a weighted average period	2 years 8 months 12 days

Stock-based Compensation - Summ

Stock-based Compensation - Summary of Stock Option Activity under Stock Incentive Plan (Details) - Stock Incentive Plan - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Aug. 31, 2024	Aug. 31, 2023	Aug. 31, 2022	Aug. 31, 2021
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Options Outstanding, Number of shares underlying outstanding options, Beginning balance	653,395	675,942	625,378
Options Outstanding, Number of shares underlying outstanding options, Granted	76,581	141,202	227,596
Options Outstanding, Number of shares underlying outstanding options, Exercised	(96,748)	(93,915)	(81,742)
Options Outstanding, Number of shares underlying outstanding options, Canceled/forfeited	(22,714)	(69,834)	(95,290)
Options Outstanding, Number of shares underlying outstanding options, Ending balance	610,514	653,395	675,942	625,378
Options Outstanding, Number of shares underlying outstanding options, Options exercisable	422,432
Options Outstanding, Weighted Average Exercise Price Per Share, Beginning balance	$ 34.25	$ 27.12	$ 17.13
Options Outstanding, Weighted Average Exercise Price Per Share, Granted	87.51	68.19	51.24
Options Outstanding, Weighted Average Exercise Price Per Share, Exercised	25.76	20.84	11.74
Options Outstanding, Weighted Average Exercise Price Per Share, Canceled/forfeited	65.42	51.9	32.41
Options Outstanding, Weighted Average Exercise Price Per Share, Ending balance	41.11	$ 34.25	$ 27.12	$ 17.13
Options Outstanding, Weighted Average Exercise Price Per Share, Options exercisable	$ 27.39
Options Outstanding, Weighted Average Remaining Contractual Term (Years)	6 years 7 months 6 days	7 years 2 months 12 days	7 years 8 months 12 days	4 years 10 months 24 days
Options Outstanding, Weighted Average Remaining Contractual Term, Options exercisable (Years)	5 years 9 months 18 days
Options Outstanding, Aggregate Intrinsic Value	$ 17,484	$ 34,766	$ 32,290	$ 21,060
Options Outstanding, Aggregate Intrinsic Value, Options exercisable	$ 16,549

Stock-based Compensation - Su_2

Stock-based Compensation - Summary of Restricted Stock Unit (RSU) Activity Under Stock Incentive Plan (Details) - Stock Incentive Plan - Restricted Stock Units - $ / shares	12 Months Ended
	Aug. 31, 2024	Aug. 31, 2023
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
RSUs Outstanding, Number of Shares Underlying Outstanding RSUs, Beginning balance	31,105
RSUs Outstanding, Number of Shares Underlying Outstanding RSUs, Granted	20,409	32,733
RSU's Outstanding, Number of Shares Underlying Outstanding RSU's, Vested	(12,477)
RSUs Outstanding, Number of Shares Underlying Outstanding RSUs, Canceled/forfeited	(2,917)	(1,628)
RSUs Outstanding, Number of Shares Underlying Outstanding RSUs, Ending balance	36,120	31,105
Weighted average exercise price per share, RSUs outstanding Beginning	$ 69.88
Weighted average exercise price per share, Granted	97.30	$ 69.49
Weighted average exercise price per share, Vested	72.42
Weighted average exercise price per share, Canceled/forfeited	75.87	62.14
Weighted average exercise price per share, RSUs outstanding Endining	$ 84.01	$ 69.88

Stock-based Compensation - Su_3

Stock-based Compensation - Summary of Stock Based Compensation Recognized under Stock Incentive Plan (Details) - Stock Incentive Plan - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2024	Aug. 31, 2023	Aug. 31, 2022
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Stock-based compensation, net of amounts capitalized	$ 4,314	$ 3,550	$ 2,409
Total stock-based compensation	4,532	3,550	2,409
Other Costs
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Stock-based compensation, net of amounts capitalized	688	506	297
General and Administrative Expenses
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Stock-based compensation, net of amounts capitalized	3,626	$ 3,044	$ 2,112
Amount Capitalized to Property and Equipment - net
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Stock-based compensation cost capitalized to Property and Equipment - net	$ 218

Stock-based Compensation - Fair

Stock-based Compensation - Fair Value of Stock Options Estimated on Grant Date (Details) - $ / shares	12 Months Ended
	Aug. 31, 2024	Aug. 31, 2023	Aug. 31, 2022
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Dividend rate	0%
Stock Incentive Plan
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Expected term (in years)	6 years 1 month 9 days	6 years 1 month 9 days
Expected volatility, Minimum	60.60%	58.60%	62.30%
Expected volatility, Maximum	67.30%	64%	63.70%
Risk-free interest rate, Minimum	3.84%	2.96%	1.23%
Risk-free interest rate, Maximum	4.84%	4.15%	3.19%
Weighted average grant date fair value	$ 53.09	$ 45.79	$ 29.54
Minimum | Stock Incentive Plan
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Expected term (in years)			5 years 6 months
Maximum | Stock Incentive Plan
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Expected term (in years)			6 years 1 month 9 days

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Details) - Fair Value Recurring - USD ($)	Aug. 31, 2024	Aug. 31, 2023	Aug. 31, 2022
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Financial assets, fair value	$ 0	$ 8,542,000	$ 0
Financial liabilities, fair value	$ 0		$ 0

Fair Value Measurements - Sched

Fair Value Measurements - Schedule of Assets Measured at Fair Value on a Recurring Basis (Details) - Fair Value Recurring - USD ($)	Aug. 31, 2024	Aug. 31, 2023	Aug. 31, 2022
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value	$ 0	$ 8,542,000	$ 0
Certificates of Deposit
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value		4,495,000
Treasury Bills
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value		4,047,000
Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value		4,047,000
Level 1 | Treasury Bills
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value		4,047,000
Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value		4,495,000
Level 2 | Certificates of Deposit
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value		$ 4,495,000

Kura Sushi USA, Inc. 401(k) Pla

Kura Sushi USA, Inc. 401(k) Plan - Additional Information (Details) - 401(k) Plan - USD ($) $ in Millions	12 Months Ended			36 Months Ended
	Aug. 31, 2024	Aug. 31, 2023	Aug. 31, 2022	Aug. 31, 2024
Defined Benefit Plan Disclosure [Line Items]
Percentage of matching contribution				100%
Percentage of eligible participants annual compensation				50%
Employer plan contributions amount	$ 0.5	$ 0.4	$ 0.2
Minimum [Member]
Defined Benefit Plan Disclosure [Line Items]
Percentage of matching contribution				3%
Maximum [Member]
Defined Benefit Plan Disclosure [Line Items]
Percentage of eligible participants annual compensation				3%
Percentage of matching contribution				5%

Debt - Additional Information (

Debt - Additional Information (Details) - USD ($)	12 Months Ended
	Aug. 31, 2024	Aug. 31, 2023	Apr. 10, 2020
Debt Instrument [Line Items]
Outstanding borrowings	$ 0
Revolving credit line interest rate	130%
Revolving Credit Facility Agreement
Debt Instrument [Line Items]
Outstanding balance	$ 0	$ 0
Remaining availability under credit agreement	$ 45,000,000	$ 45,000,000
Revolving Credit Facility Agreement | Kura Japan
Debt Instrument [Line Items]
Outstanding borrowings			$ 45,000,000

Income (Loss) Per Share - Compu

Income (Loss) Per Share - Computation of Basic and Diluted Net Income (Loss) Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Aug. 31, 2024	Aug. 31, 2023	Aug. 31, 2022
Earnings Per Share Diluted [Line Items]
Weighted average common shares outstanding - basic	11,204	10,305	9,719
Weighted average shares outstanding - diluted	11,204	10,640	9,719
Net income (loss) per share attributable to common stockholders - basic	$ (0.79)	$ 0.15	$ (0.08)
Net income (loss) per share attributable to common stockholders - diluted	$ (0.79)	$ 0.14	$ (0.08)
Class A
Earnings Per Share Diluted [Line Items]
Net income (loss) attributable to common stockholders - basic	$ (8,018)	$ 1,356	$ (685)
Net income (loss) attributable to common stockholders - diluted	$ (8,018)	$ 1,361	$ (685)
Weighted average common shares outstanding - basic	10,204	9,305	8,719
Dilutive effect of stock-based awards		335
Weighted average shares outstanding - diluted	10,204	9,640	8,719
Net income (loss) per share attributable to common stockholders - basic	$ (0.79)	$ 0.15	$ (0.08)
Net income (loss) per share attributable to common stockholders - diluted	$ (0.79)	$ 0.14	$ (0.08)
Class B
Earnings Per Share Diluted [Line Items]
Net income (loss) attributable to common stockholders - basic	$ (786)	$ 146	$ (79)
Net income (loss) attributable to common stockholders - diluted	$ (786)	$ 141	$ (79)
Weighted average common shares outstanding - basic	1,000	1,000	1,000
Weighted average shares outstanding - diluted	1,000	1,000	1,000
Net income (loss) per share attributable to common stockholders - basic	$ (0.79)	$ 0.15	$ (0.08)
Net income (loss) per share attributable to common stockholders - diluted	$ (0.79)	$ 0.14	$ (0.08)

Income (Loss) Per Share - Addit

Income (Loss) Per Share - Additional Information (Details) - shares shares in Thousands	12 Months Ended
	Aug. 31, 2024	Aug. 31, 2023	Aug. 31, 2022
Earnings Per Share [Line Items]
Shares of common stock subject to outstanding employee stock options that were excluded from the calculation of diluted income (loss) per share	647	685	677

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Details) $ in Millions			1 Months Ended			12 Months Ended
	Feb. 26, 2024 Employees	Jan. 19, 2024 Employees	Oct. 31, 2024 USD ($)	Sep. 30, 2024 Employees	Aug. 31, 2024 USD ($) Employees	Aug. 31, 2024 USD ($)
Loss Contingencies [Line Items]
Number of former employees initiated arbitration against company | Employees	3	2
Number Of Other Current And Former Employees Asserting Claims Against Company | Employees					58
Settlement amount					$ 3.9
General and Administrative Expenses
Loss Contingencies [Line Items]
Accrued expense					$ 5.1	$ 5.1
Accrued liability						$ 1.2
Subsequent Event
Loss Contingencies [Line Items]
Number of former employees initiated arbitration against company | Employees				5
Claims Under FLSA and Applicable State Laws | Subsequent Event
Loss Contingencies [Line Items]
Settlement amount			$ 1.2

Income Taxes - Summary of Compo

Income Taxes - Summary of Components of Loss Before Provision for Income Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2024	Aug. 31, 2023	Aug. 31, 2022
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest [Abstract]
US	$ (8,637)	$ 1,735	$ (690)
Total	$ (8,637)	$ 1,735	$ (690)

Income Taxes - Summary of Com_2

Income Taxes - Summary of Components of Provision for Income Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2024	Aug. 31, 2023	Aug. 31, 2022
Current:
State	$ 167	$ 233	$ 74
Total current	167	233	74
Deferred:
Total	$ 167	$ 233	$ 74

Income Taxes - Additional Infor

Income Taxes - Additional Information (Details) - USD ($)	12 Months Ended
	Aug. 31, 2024	Aug. 31, 2023	Aug. 31, 2022
Operating Loss Carryforwards [Line Items]
Effective tax rate	(1.90%)	13.40%	(10.70%)
Income tax provision	$ 167,000	$ 233,000	$ 74,000
Federal net operating loss ("NOL") carryover	32,900,000
State net operating loss ("NOL") carryover	18,400,000
Federal tax credit carryover	8,000,000
Unrecognized tax benefits	0
Valuation allowance recorded	15,616,000	$ 11,516,000
Net change in valuation allowance	4,100,000
Federal
Operating Loss Carryforwards [Line Items]
Federal NOL carried forward indefinitely, if not utilized	$ 30,800,000
Federal tax credit expiration date	Aug. 31, 2032

Income Taxes - Summary of Recon

Income Taxes - Summary of Reconciliation of Statutory Federal Income Tax Rate (Details)	12 Months Ended
	Aug. 31, 2024	Aug. 31, 2023	Aug. 31, 2022
Income Tax Disclosure [Abstract]
Tax at federal statutory rate	21%	21%	21%
Employer tip credit	16.90%	(121.30%)	125.80%
Stock-based compensation	4.30%	2.60%	29.70%
Change in valuation allowance	(42.40%)	96.80%	(186.10%)
Other items	(0.70%)	3.60%	3.70%
State tax, net of federal benefit	(1.00%)	10.70%	(4.80%)
Effective tax rate	(1.90%)	13.40%	(10.70%)

Income Taxes - Summary of Defer

Income Taxes - Summary of Deferred Income Tax Assets and Liabilities (Details) - USD ($) $ in Thousands	Aug. 31, 2024	Aug. 31, 2023
Deferred tax assets:
NOL carryover	$ 8,430	$ 7,394
General business credit	7,983	6,087
Lease liabilities	39,080	32,080
State tax deduction	41
Other	2,530	1,751
Gross deferred tax assets	58,064	47,312
Deferred tax liabilities:
Basis difference on fixed assets	(8,711)	(7,911)
Right-of-use assets	(33,737)	(27,885)
Gross deferred tax liabilities	(42,448)	(35,796)
Valuation allowance	$ (15,616)	$ (11,516)