v3.26.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Sep. 30, 2025
CURRENT ASSETS    
Cash and cash equivalents $ 3,597 $ 2,605
Inventories 1,325 1,388
Receivables 833 795
Prepaid expenses and other 913 466
Total current assets 6,668 5,254
PROPERTY AND EQUIPMENT    
Land and land improvements 1,113 1,113
Buildings 4,841 4,841
Leasehold improvements 35,879 38,194
Fixtures and equipment 27,929 29,781
Total property and equipment 69,762 73,929
Less accumulated depreciation and amortization (50,079) (52,061)
Total net property and equipment 19,683 21,868
OTHER ASSETS    
Operating lease right-of-use assets, net 30,672 33,618
Deferred tax assets, net 13,216 13,031
Deposits and other assets 333 423
Trademarks 3,900 3,900
Goodwill 5,713 5,713
Total other assets 53,834 56,685
TOTAL ASSETS 80,185 83,807
CURRENT LIABILITIES:    
Current maturities of long-term debt 33 32
Accounts payable 2,663 2,605
Operating lease liabilities, current 6,180 6,267
Other accrued liabilities 5,441 5,474
Total current liabilities 14,317 14,378
LONG-TERM LIABILITIES    
Maturities of long-term debt, net of current portion 285 2,310
Operating lease liabilities, net of current portion 29,373 33,225
Deferred and other liabilities 73 83
Total long-term liabilities 29,731 35,618
SHAREHOLDERS’ EQUITY:    
Preferred stock, $.01 par value; 5,000,000 shares authorized, no shares issued and outstanding as of June 30, 2026 and September 30, 2025
Common stock, $.001 par value; 50,000,000 shares authorized; 12,985,821 issued; 10,557,896 and 10,549,508 shares outstanding as of June 30, 2026 and September 30, 2025, respectively 13 13
Capital contributed in excess of par value 56,940 56,889
Treasury stock, at cost; 2,427,925 shares as of June 30, 2026 and September 30, 2025 (7,246) (7,246)
Accumulated deficit (14,361) (16,598)
Total Good Times Restaurants Inc. shareholders' equity 35,346 33,058
Non-controlling interests 791 753
Total shareholders’ equity 36,137 33,811
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 80,185 $ 83,807