v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 28, 2026
Dec. 28, 2025
Current assets:    
Cash and cash equivalents $ 142,631 $ 89,177
Accounts receivable 5,710 5,166
Inventory 2,873 2,384
Prepaid expenses 11,357 6,381
Current portion of lease acquisition costs 90 93
Assets held for sale 0 25,427
Other current assets 1,278 1,029
Total current assets 163,939 129,657
Operating lease assets 286,094 284,263
Property and equipment, net 311,218 326,903
Goodwill 27,793 27,793
Intangible assets, net 9,922 10,424
Security deposits 1,282 1,316
Lease acquisition costs, net 197 241
Restricted cash 6,158 4,166
Equity investments 86,429 0
Other assets 2,627 3,341
Total assets 895,659 788,104
Current liabilities:    
Current portion of operating lease liabilities 42,324 41,590
Accounts payable 14,103 19,885
Accrued expenses 38,920 33,739
Accrued payroll 11,374 8,143
Gift cards and loyalty liability 7,585 7,177
Liabilities held for sale 0 1,085
Other current liabilities 29 7,033
Total current liabilities 114,335 118,652
Operating lease liabilities, net of current portion 313,071 312,904
Other non-current liabilities 0 149
Deferred income tax liabilities 632 274
Total liabilities 428,038 431,979
COMMITMENTS AND CONTINGENCIES (Note 15)
Stockholders’ equity:    
Common stock, $0.001 par value per share, 2,000,000,000 Class A shares authorized, 107,140,211 and 106,554,859 Class A shares issued and outstanding as of June 28, 2026 and December 28, 2025, respectively; 300,000,000 Class B shares authorized, 11,893,558 and 11,893,558 Class B shares issued and outstanding as of June 28, 2026 and December 28, 2025, respectively 119 118
Additional paid-in capital 1,377,386 1,365,430
Accumulated deficit (909,884) (1,009,423)
Total stockholders’ equity 467,621 356,125
Total liabilities and stockholders’ equity $ 895,659 $ 788,104