v3.25.2
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' DEFICIT - USD ($)
$ in Thousands
Total
Class A Common Stock
Class B Common Stock
Common Stock
Preferred Stock
Stockholders’ deficit attributable to FAT Brands Inc.
Stockholders’ deficit attributable to FAT Brands Inc.
Common Stock
Stockholders’ deficit attributable to FAT Brands Inc.
Preferred Stock
Total Common Stock
Total Common Stock
Common Stock
Common Stock
Class A Common Stock
Common Stock
Class B Common Stock
Additional Paid-In Capital
Additional Paid-In Capital
Common Stock
Total Preferred Stock
Total Preferred Stock
Preferred Stock
Preferred Stock
Additional Paid-In Capital
Additional Paid-In Capital
Preferred Stock
Accumulated Deficit
Non- Controlling Interest
Beginning balance (in shares) at Dec. 31, 2023                     15,629,294 1,270,805                  
Beginning balance (in shares) at Dec. 31, 2023                                 3,591,804        
Beginning balance, value at Dec. 31, 2023 $ (255,863)         $ (255,863)     $ (31,189)   $ 2 $ 0 $ (31,191)   $ 44,103   $ 0 $ 44,103   $ (268,777) $ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                          
Net loss (77,675)         (77,675)                           (77,675)  
Issuance of common and preferred stock (in shares)                     113,221           121,079        
Issuance of common and preferred stock 2,034         2,034     104       104   1,930     1,930      
Share-based compensation 1,422         1,422     1,422       1,422                
Dividends       $ (4,757) $ (3,801)   $ (4,757) $ (3,801)   $ (4,757)       $ (4,757)   $ (3,801)     $ (3,801)    
Ending balance (in shares) at Jun. 30, 2024                     15,742,515 1,270,805                  
Ending balance (in shares) at Jun. 30, 2024                                 3,712,883        
Ending balance, value at Jun. 30, 2024 (338,640)         (338,640)     (34,420)   $ 2 $ 0 (34,422)   42,232   $ 0 42,232   (346,452) 0
Beginning balance (in shares) at Mar. 31, 2024                     15,701,465 1,270,805                  
Beginning balance (in shares) at Mar. 31, 2024                                 3,650,587        
Beginning balance, value at Mar. 31, 2024 (296,766)         (296,766)     (32,756)   $ 2 $ 0 (32,758)   43,083   $ 0 43,083   (307,093) 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                          
Net loss (39,359)         (39,359)                           (39,359)  
Issuance of common and preferred stock (in shares)                     41,050           62,296        
Issuance of common and preferred stock 1,108         1,108     39       39   1,068     1,068      
Share-based compensation 677         677     677       677                
Dividends       $ (2,380) (1,920)   $ (2,380) (1,920)   $ (2,380)       $ (2,380)   (1,920)     (1,920)    
Ending balance (in shares) at Jun. 30, 2024                     15,742,515 1,270,805                  
Ending balance (in shares) at Jun. 30, 2024                                 3,712,883        
Ending balance, value at Jun. 30, 2024 $ (338,640)         (338,640)     (34,420)   $ 2 $ 0 (34,422)   42,232   $ 0 42,232   (346,452) 0
Beginning balance (in shares) at Dec. 29, 2024 17,254,683 15,983,878 1,270,805               15,983,878 1,270,805                  
Beginning balance (in shares) at Dec. 29, 2024 3,591,706                               3,951,706        
Beginning balance, value at Dec. 29, 2024 $ (455,712)         (455,712)     (37,925)   $ 2 $ 0 (37,927)   40,837   $ 0 40,837   (458,624) 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                          
Net loss (101,680)         (100,157)                           (100,157) (1,523)
Issuance of common and preferred stock (in shares)                     567,425           541,876        
Issuance of common and preferred stock 5,601         5,601     436       436   5,165     5,165      
Share-based compensation 13,132         13,132     13,132       13,132                
Dividends (4,541)         (4,541)                 (4,541)     (4,541)      
Dividend of Twin Hospitality Group Inc. Class A common stock $ 0         5,218                           5,218 (5,218)
Ending balance (in shares) at Jun. 29, 2025 17,885,205 16,614,400 1,270,805               16,551,303 1,270,805                  
Ending balance (in shares) at Jun. 29, 2025 4,493,582                               4,493,582        
Ending balance, value at Jun. 29, 2025 $ (543,200)         (536,459)     (24,357)   $ 2 $ 0 (24,359)   41,461   $ 0 41,461   (553,563) (6,741)
Beginning balance (in shares) at Mar. 30, 2025                     16,550,997 1,270,805                  
Beginning balance (in shares) at Mar. 30, 2025                                 4,352,423        
Beginning balance, value at Mar. 30, 2025 (499,496)         (493,936)     (37,354)   $ 2 $ 0 (37,356)   42,793   $ 0 42,793   (499,375) (5,560)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                          
Net loss (55,369)         (54,188)                           (54,188) (1,181)
Issuance of common and preferred stock (in shares)                     306           141,159        
Issuance of common and preferred stock 1,210         1,210     232       232   978     978      
Share-based compensation $ 12,765         12,765     12,765       12,765                
Dividends         $ (2,310)     $ (2,310)               $ (2,310)     $ (2,310)    
Ending balance (in shares) at Jun. 29, 2025 17,885,205 16,614,400 1,270,805               16,551,303 1,270,805                  
Ending balance (in shares) at Jun. 29, 2025 4,493,582                               4,493,582        
Ending balance, value at Jun. 29, 2025 $ (543,200)         $ (536,459)     $ (24,357)   $ 2 $ 0 $ (24,359)   $ 41,461   $ 0 $ 41,461   $ (553,563) $ (6,741)