JOINT Corp 8-K, filed Nov 5, 2026

JOINT Corp (JYNT)

8-K 2026-11-05 For: 2026-11-03

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Added on November 05, 2026

About this 8-K

JOINT Corp filed this 8-K on November 5, 2026, reporting on events of November 3, 2026.

Items reported

Item 2.02: Financial results
Item 7.01: Regulation FD disclosure
Item 8.01: Other events
Item 9.01: Financial statements and exhibits

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Delaware	001-36724	90-0544160
(State or other jurisdiction	(Commission File Number)	(IRS Employer
of incorporation)		Identification No.)


Exhibit Number						Exhibits
99.1						Press Release, dated November 5, 2026, Earnings Release

99.2						The Joint Corp. Earnings Presentation, dated November 5, 2026

104						Cover Page Interactive Data File (embedded within the Inline XBRL document)


			THE JOINT CORP.

Date:	November 5, 2026	By:	/s/ Sanjiv Razdan
			Sanjiv Razdan
			President and Chief Executive Officer


	September 30, 2026		December 31, 2025
ASSETS	(unaudited)
Current assets:
Cash and cash equivalents	$	18,299,059	$	23,601,810
Restricted cash	569,643		700,058
Accounts receivable, net	2,475,757		2,849,864
Notes receivable	109,833		—
Deferred franchise and regional development costs, current portion	880,954		945,933
Prepaid expenses and other current assets	3,049,327		1,744,556
Discontinued operations current assets ($1.0 million attributable to VIEs)	7,486,845		22,246,318
Total current assets	32,871,418		52,088,539
Property and equipment, net	2,800,073		3,159,226
Operating lease right-of-use asset	1,395,838		1,572,173
Notes receivable, net of current portion	325,374		—
Deferred franchise and regional development costs, net of current portion	3,043,629		3,827,129
Deposits and other assets	262,308		319,460
Total assets	$	40,698,640	$	60,966,527

LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable	$	749,976	$	1,588,665
Accrued expenses	1,633,471		1,501,838
Co-op funds liability	569,643		700,058
Payroll liabilities	2,984,053		4,055,752
Operating lease liability, current portion	349,447		194,179
Deferred franchise fee revenue, current portion	2,495,505		2,519,018
Upfront regional developer fees, current portion	164,564		277,394
Other current liabilities	616,877		611,231
Discontinued operations current liabilities ($1.2 million and $6.1 million attributable to VIEs, respectively)	7,184,973		21,368,446
Total current liabilities	16,748,509		32,816,581
Operating lease liability, net of current portion	1,605,077		1,815,527
Deferred franchise fee revenue, net of current portion	9,896,113		10,899,271
Upfront regional developer fees, net of current portion	181,788		355,556
Total liabilities	28,431,487		45,886,935
Commitments and contingencies
Stockholders' equity:
Series A preferred stock, $0.001 par value; 50,000 shares authorized, zero shares issued and outstanding, respectively	—		—
Common stock, $0.001 par value; 20,000,000 shares authorized, 15,719,285 shares issued and 13,701,928 shares outstanding and 15,471,715 shares issued and 14,142,626 shares outstanding, respectively	15,719		15,471
Additional paid-in capital	53,102,139		52,026,407
Treasury stock 2,017,357 shares and 1,329,089 shares, at cost, respectively	(17,915,296)		(12,192,081)
Accumulated deficit	(22,960,409)		(24,795,205)
Total The Joint Corp. stockholders' equity	12,242,153		15,054,592
Non-controlling interest	25,000		25,000
Total equity	12,267,153		15,079,592
Total liabilities and stockholders' equity	$	40,698,640	$	60,966,527


	Three Months Ended September 30,				Nine Months Ended September 30,
	2026		2025		2026		2025
Revenues:
Royalty fees	$	8,254,366	$	8,106,915	$	24,614,204	$	24,311,022
Franchise fees	893,882		964,796		2,789,537		2,561,415
Advertising fund revenue	2,391,339		2,344,833		9,754,259		6,985,030
Software fees	1,578,567		1,545,331		4,660,799		4,488,959
Other revenues	433,554		418,810		1,735,056		1,382,119
Total revenues	13,551,708		13,380,685		43,553,855		39,728,545
Cost of revenues:
Franchise and regional developer cost of revenues	1,980,494		2,232,419		6,320,591		7,134,267
IT cost of revenues	423,074		428,815		1,282,882		1,271,700
Total cost of revenues	2,403,568		2,661,234		7,603,473		8,405,967
Selling and marketing expenses	2,704,777		2,816,081		11,307,832		9,805,075
Depreciation and amortization	261,779		446,736		1,081,333		1,210,961
General and administrative expenses	6,851,612		7,295,719		21,492,814		21,955,915
Total selling, general and administrative expenses	9,818,168		10,558,536		33,881,979		32,971,951
Net loss on disposition or impairment	—		—		233,420		6,413
Income (loss) from continuing operations	1,329,972		160,915		1,834,983		(1,655,786)
Other income, net	136,417		139,801		503,090		485,640
Income (loss) before income tax expense	1,466,389		300,716		2,338,073		(1,170,146)
Income tax expense	10,069		10,346		30,289		35,140
Net income (loss) from continuing operations	1,456,320		290,370		2,307,784		(1,205,286)
Discontinued operations:
(Loss) income from discontinued operations before income tax expense	(1,593,877)		664,269		(313,375)		3,424,697
Income tax (benefit) expense from discontinued operations	(20,197)		99,630		159,613		303,243
Net (loss) income from discontinued operations	(1,573,680)		564,639		(472,988)		3,121,454
Net (loss) income	$	(117,360)	$	855,009	$	1,834,796	$	1,916,168

Net income (loss) from continuing operations per common share:
Basic	$	0.10	$	0.02	$	0.16	$	(0.08)
Diluted	$	0.10	$	0.02	$	0.16	$	(0.08)
Net (loss) income from discontinued operations per common share:
Basic	$	(0.11)	$	0.04	$	(0.03)	$	0.20
Diluted	$	(0.11)	$	0.04	$	(0.03)	$	0.20
Net (loss) income per common share:
Basic	$	(0.01)	$	0.06	$	0.13	$	0.12
Diluted	$	(0.01)	$	0.06	$	0.13	$	0.12

Basic weighted average shares	14,030,130		15,344,844		14,151,503		15,281,775
Diluted weighted average shares	14,032,055		15,398,594		14,154,157		15,348,944


	Three Months Ended September 30,
	2026						2025
	From Continuing Operations		From Discontinued Operations		Net Operations		From Continuing Operations		From Discontinued Operations		Net Operations
Non-GAAP Financial Data:
Net income (loss)	$	1,456,320	$	(1,573,680)	$	(117,360)	$	290,370	$	564,639	$	855,009
Net interest income	(136,417)		—		(136,417)		(253,277)		—		(253,277)
Depreciation and amortization expense	261,779		134		261,913		446,736		16,310		463,046
Income tax expense (benefit)	10,069		(20,197)		(10,128)		10,346		99,630		109,976
EBITDA	1,591,751		(1,593,743)		(1,992)		494,175		680,579		1,174,754
Stock-based compensation expense	335,572		—		335,572		346,209		—		346,209

Net loss on disposition or impairment	—		2,084,596		2,084,596		—		860,598		860,598
Costs related to restatement filings	—		—		—		113,477		—		113,477
Restructuring costs	192,156		109,492		301,648		355,042		102,024		457,066
Litigation expenses	148,480		401,943		550,423		100,000		250,000		350,000
Adjusted EBITDA	$	2,267,959	$	1,002,288	$	3,270,247	$	1,408,903	$	1,893,201	$	3,302,104


	Nine Months Ended September 30,
	2026						2025
	From Continuing Operations		From Discontinued Operations		Net Operations		From Continuing Operations		From Discontinued Operations		Net Operations
Non-GAAP Financial Data:
Net income (loss)	$	2,307,784	$	(472,988)	$	1,834,796	$	(1,205,286)	$	3,121,454	$	1,916,168
Net interest (income) expense	(504,605)		—		(504,605)		(599,116)		239		(598,877)
Depreciation and amortization expense	1,081,333		9,581		1,090,914		1,210,961		59,815		1,270,776
Income tax expense	30,289		159,613		189,902		35,140		303,243		338,383
EBITDA	2,914,801		(303,794)		2,611,007		(558,301)		3,484,751		2,926,450
Stock-based compensation expense	1,038,752		—		1,038,752		971,138		—		971,138
Acquisition-related expenses	332,005		—		332,005		—		—		—
Net loss on disposition or impairment	233,420		3,278,826		3,512,246		6,413		3,746,449		3,752,862
Costs related to restatement filings	—		—		—		113,477		—		113,477
Restructuring costs	932,493		166,275		1,098,768		910,619		371,739		1,282,358
Litigation expenses	495,174		823,719		1,318,893		100,000		250,000		350,000
Adjusted EBITDA	$	5,946,645	$	3,965,026	$	9,911,671	$	1,543,346	$	7,852,939	$	9,396,285


	Nine Months Ended September 30,
	2026		2025
Cash flows from operating activities:
Net income	$	1,834,796	$	1,916,168
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	1,090,914		1,270,776
Net loss on disposition or impairment	3,512,246		3,752,862
Net franchise fees recognized upon termination of franchise agreements	(417,315)		(257,797)

Provision for credit losses	330,621		149,719
Stock-based compensation expense	1,038,752		971,138
Changes in operating assets and liabilities, net of acquisitions:
Accounts receivable	288,722		1,464,026

Prepaid expenses and other current assets	(794,596)		(424,897)
Deferred franchise costs	621,762		382,986
Deposits and other assets	164,494		(19,280)
Accounts payable	(897,087)		(649,903)
Accrued expenses	(1,227,636)		(3,475,804)
Payroll liabilities	(1,902,615)		(925,440)
Operating leases	(2,166,672)		(3,843,956)
Deferred revenue	(1,397,169)		(1,643,696)
Upfront regional developer fees	(286,597)		(215,524)
Other liabilities	794,968		489,649
Net cash provided by (used in) operating activities	587,588		(1,058,973)

Cash flows from investing activities:
Proceeds from sale of clinics	1,426,000		7,778,287
Purchase of property and equipment	(871,031)		(1,154,385)
Net cash provided by investing activities	554,969		6,623,902

Cash flows from financing activities:
Payments of finance lease obligation	—		(4,354)
Purchases of treasury stock under employee stock plans	(76,818)		(8,440)
Purchases of common stock under stock repurchase programs	(5,646,397)		(2,288,994)
Proceeds from exercise of stock options	37,228		1,453,558
Net cash used in financing activities	(5,685,987)		(848,230)

(Decrease) increase in cash, cash equivalents and restricted cash	(4,543,430)		4,716,699


	Three Months Ended September 30,				Nine Months Ended September 30,
	2026		2025		2026		2025
Cash flows (used in) provided by operating activities	$	(128,462)	$	1,773,032	$	587,588	$	(1,058,973)
Purchase of property and equipment	(380,173)		(317,840)		(871,031)		(1,154,385)
Free cash flow	$	(508,635)	$	1,455,192	$	(283,443)	$	(2,213,358)

(1) Free cash flow represents cash flows (used in) provided by operating activities less capital expenditures.