v3.26.1
Segment Reporting:
6 Months Ended
Jun. 27, 2026
Segment Reporting:  
Segment Reporting:

11. Segment Reporting:

The Company currently has one reportable operating segment, franchising, and one non-reportable operating segment. The franchising segment franchises value-oriented retail store concepts that buy, sell and trade merchandise. The non-reportable operating segment includes the Company’s equipment leasing business. Segment reporting is intended to give financial statement users a better view of how the Company manages and evaluates its businesses. The Company’s chief operating decision maker (“CODM”) is its Chief Executive Officer. The Company’s CODM primarily reviews revenue and income from operations for purposes of allocating resources and evaluating financial performance. Expenses are reviewed on a consolidated basis. The Company’s internal management reporting is the basis for the information disclosed for its operating segments. The following tables summarize financial information by segment and provide a reconciliation of segment contribution to income from operations:

Three Months Ended

Six Months Ended

  ​ ​ ​

June 27, 2026

  ​ ​ ​

June 28, 2025

  ​ ​ ​

June 27, 2026

  ​ ​ ​

June 28, 2025

Revenue:

Franchising

$

21,966,000

$

20,370,200

$

42,815,700

$

39,981,900

Other

 

 

46,600

 

 

2,354,500

Total revenue

$

21,966,000

$

20,416,800

$

42,815,700

$

42,336,400

Franchising segment operating expenses:

Merchandise COGS

$

818,500

$

766,500

$

1,437,000

$

1,654,800

Selling, general and administrative expenses

7,506,400

6,585,000

15,376,000

13,936,300

Total franchising segment expenses

$

8,324,900

$

7,351,500

$

16,813,000

$

15,591,100

Reconciliation to operating income:

Franchising segment income from operations

$

13,641,100

$

13,018,700

$

26,002,700

$

24,390,900

Other operating segment income from operations

 

 

42,400

 

 

2,266,700

Total income from operations

$

13,641,100

$

13,061,100

$

26,002,700

$

26,657,600

Depreciation and amortization:

Franchising

$

180,900

$

187,600

$

364,600

$

373,300

Other

 

 

 

 

Total depreciation and amortization

$

180,900

$

187,600

$

364,600

$

373,300