| BUSINESS SEGMENTS |
NOTE
9. BUSINESS SEGMENTS
The
Company manages its operations on an individual location basis. Discrete financial information is maintained for each park and provided
and used by the Company’s President, as Chief Operating Decision Maker (“CODM”), for review and as a basis for decision-making.
The primary performance measures used by the CODM to allocate resources are segment income/(loss), defined as park earnings before interest,
taxes, depreciation and amortization, and free cash flow.
The
following tables set forth, for the periods indicated, financial information regarding each of the Company’s reportable segments:
SCHEDULE OF REVENUE BY REPORTING SEGMENTS
| | |
| | |
| | |
| | |
| |
| | |
For the 13 weeks ended | | |
For the 39 weeks ended | |
| | |
June 29, 2025 | | |
June 30, 2024 | | |
June 29, 2025 | | |
June 30, 2024 | |
| Total revenue: | |
| | | |
| | | |
| | | |
| | |
| Georgia | |
$ | 1,999,462 | | |
$ | 2,200,174 | | |
$ | 4,156,567 | | |
$ | 4,489,128 | |
| Missouri | |
| 656,191 | | |
| 675,283 | | |
| 1,320,280 | | |
| 1,317,737 | |
| Texas | |
| 820,267 | | |
| 573,287 | | |
| 1,771,552 | | |
| 1,497,704 | |
| Consolidated | |
$ | 3,475,920 | | |
$ | 3,448,744 | | |
$ | 7,248,399 | | |
$ | 7,304,569 | |
| Total revenue | |
$ | 3,475,920 | | |
$ | 3,448,744 | | |
$ | 7,248,399 | | |
$ | 7,304,569 | |
| | |
| | | |
| | | |
| | | |
| | |
| Income before income taxes: | |
| | | |
| | | |
| | | |
| | |
| Depreciation and amortization | |
| (230,756 | ) | |
| (230,852 | ) | |
| (659,619 | ) | |
| (672,648 | ) |
| Contested proxy and related matters, net | |
| 103,657 | | |
| (746,570 | ) | |
| 670,814 | | |
| (2,037,822 | ) |
| Tornado expenses and write-offs, net | |
| — | | |
| 53,755 | | |
| — | | |
| 53,755 | |
| Legal settlement | |
| — | | |
| (75,000 | ) | |
| — | | |
| (75,000 | ) |
| Other operating expenses, net | |
| (13,750 | ) | |
| — | | |
| (13,698 | ) | |
| (35,754 | ) |
| Other income, net | |
| 18,345 | | |
| 31,412 | | |
| 57,050 | | |
| 101,325 | |
| Interest expense | |
| (53,970 | ) | |
| (46,923 | ) | |
| (166,148 | ) | |
| (147,515 | ) |
| | |
| | |
| |
| | |
As of | |
| | |
June 29, 2025 | | |
September 29, 2024 | |
| Total assets: | |
| | | |
| | |
| Georgia | |
$ | 7,618,521 | | |
$ | 7,520,918 | |
| Missouri | |
| 2,880,382 | | |
| 3,399,324 | |
| Texas | |
| 8,019,019 | | |
| 7,812,661 | |
| Corporate | |
| 72,147 | | |
| 461,168 | |
| Consolidated | |
$ | 18,590,070 | | |
$ | 19,194,071 | |
| Total assets | |
$ | 18,590,070 | | |
$ | 19,194,071 | |
|