v3.26.1
Franchise Fees Receivable
6 Months Ended
Jun. 30, 2026
Receivables [Abstract]  
Franchise Fees Receivable Franchise Fees Receivable
The balance of Franchise fees receivable included in Receivable from franchisees consisted of the following (in thousands):
  
June 30, 2026December 31, 2025
Franchise fees receivable(1)
$3,976 $4,844 
Less: Unamortized discount(1)
(540)(904)
Less: Allowance for uncollectible franchise fees(1)
(50)(40)
Net franchise fees receivable(1)
$3,386 $3,900 
(1) Includes both the current and long term portion of this balance.
Activity in the allowance for uncollectible franchise fees was as follows (in thousands):
Balance at December 31, 2025$40 
Charges to bad debts34 
Write offs(24)
Balance at June 30, 2026$50 
Balance at December 31, 2024$35 
Charges to bad debts123 
Write offs(129)
Balance at June 30, 2025$29