v3.25.2
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ DEFICIT - USD ($)
$ in Thousands
Total
Total Common Stock
Additional Paid-In Capital
Accumulated Deficit
Class A Common Stock
Class A Common Stock
Common Stock
Class B Common Stock
Class B Common Stock
Common Stock
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Members' equity $ (15,511) $ 19,916 $ 19,916 $ (35,427)   $ 0   $ 0
Stockholders' equity, beginning balance (in shares) at Dec. 31, 2023           5,000   0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net loss (19,953)     (19,953)        
Contribution from (distribution to) FAT Brands Inc., net (44,404) (19,452) (19,452) (24,952)        
Share-based compensation 202 202 202          
Stockholders' equity, ending balance (in shares) at Jun. 30, 2024           5,000   0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Members' equity (69,600) 0 0 (69,600)   $ 0   $ 0
Stockholders' equity, beginning balance (in shares) at Mar. 31, 2024           5,000   0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net loss (10,732)     (10,732)        
Contribution from (distribution to) FAT Brands Inc., net 565 565 565          
Share-based compensation 101 101 101          
Stockholders' equity, ending balance (in shares) at Jun. 30, 2024           5,000   0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Members' equity $ (79,666) 666 666 (80,332)   $ 0   $ 0
Stockholders' equity, beginning balance (in shares) at Dec. 29, 2024 5,000       5,000 5,000 0 0
Stockholders' equity, beginning balance at Dec. 29, 2024 $ (84,609) 0 0 (84,609)   $ 0   $ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net loss (32,896)     (32,896)        
Exchange of Common Stock by FAT Brands Inc. (in shares)           47,293,271   2,870,000
Exchange of Common Stock by FAT Brands Inc. 0   (5)     $ 5    
Contribution from (distribution to) FAT Brands Inc., net (in shares)           7,139,667    
Contribution from (distribution to) FAT Brands Inc., net 26,067 31,205 31,205 (5,138)        
Shares issued for advisory services (in shares)           17,918    
Shares issued for advisory services 250 250 250          
Share-based compensation $ 12,552 12,552 12,552          
Stockholders' equity, ending balance (in shares) at Jun. 29, 2025 57,325,856       54,455,856 54,455,856 2,870,000 2,870,000
Stockholders' equity, ending balance at Jun. 29, 2025 $ (78,636) 44,007 44,002 (122,643)   $ 5   $ 0
Stockholders' equity, beginning balance (in shares) at Mar. 30, 2025           47,298,271   2,870,000
Stockholders' equity, beginning balance at Mar. 30, 2025 (101,854) 5 0 (101,859)   $ 5   $ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net loss (20,784)     (20,784)        
Contribution from (distribution to) FAT Brands Inc., net (in shares)           7,139,667    
Contribution from (distribution to) FAT Brands Inc., net 31,200 31,200 31,200          
Shares issued for advisory services (in shares)           17,918    
Shares issued for advisory services 250 250 250          
Share-based compensation $ 12,552 12,552 12,552          
Stockholders' equity, ending balance (in shares) at Jun. 29, 2025 57,325,856       54,455,856 54,455,856 2,870,000 2,870,000
Stockholders' equity, ending balance at Jun. 29, 2025 $ (78,636) $ 44,007 $ 44,002 $ (122,643)   $ 5   $ 0