v3.25.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 29, 2025
Dec. 29, 2024
Current assets    
Cash and cash equivalents $ 16,187 $ 11,663
Accounts receivable, net of allowances of $40 and $22 as of June 29, 2025 and December 29, 2024, respectively 10,127 9,765
Inventories 3,697 3,744
Prepaid expenses and other current assets 6,983 7,882
Assets classified as held-for-sale 0 147
Total current assets 36,994 33,201
Property and equipment, net 54,391 50,533
Right-of-use assets for operating leases 127,204 133,207
Indefinite-lived intangible assets 3,404 3,404
Goodwill 2,049 2,049
Restricted cash 815 815
Deferred tax assets 33,816 33,816
Deferred expenses, net and other assets 6,568 6,121
Total assets 265,241 263,146
Current liabilities    
Accounts payable 9,870 9,552
Accrued expenses 37,361 32,872
Short-term operating lease liabilities 26,161 22,809
Total current liabilities 73,392 65,233
Long-term debt, net of current portion 0 4,000
Long-term operating lease liabilities 121,508 127,929
Other long-term liabilities 9,244 8,036
Total liabilities 204,144 205,198
Commitments and contingencies (Note 11)
Equity    
Common stock, $0.01 par value—authorized 200,000 shares; outstanding 30,256 and 29,893 shares as of June 29, 2025, and December 29, 2024, respectively 406 398
Warrants 1,437 1,745
Additional paid-in-capital 474,606 470,085
Treasury stock, held at cost, 10,836 and 10,445 shares as of June 29, 2025, and December 29, 2024, respectively (124,017) (120,338)
Accumulated deficit (291,077) (293,503)
Total stockholders’ equity 61,355 58,387
Non-controlling interest (258) (439)
Total equity 61,097 57,948
Total liabilities and equity $ 265,241 $ 263,146