v3.26.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash flows from operating activities    
Net loss $ (11,832) $ (3,662)
Adjustments to reconcile net loss to cash provided by operating activities    
Depreciation and amortization 4,789 4,284
Stock-based compensation 1,468 1,468
Amortization of operating lease assets 3,647 3,235
Loss on lease termination 611 0
Gain on deconsolidation of restaurants (53) 0
Deferred tax expense (440) (268)
Changes in operating assets and liabilities:    
Accounts receivable 8,396 2,378
Inventories (898) (173)
Income tax receivable (91) (563)
Prepaid expenses and other current assets 1,645 1,385
Other assets 104 (386)
Accounts payable 1,721 (284)
Accrued salaries and benefits 484 (282)
Accrued interest (1) 13
Gift card liabilities (7,922) (3,092)
Other current liabilities (477) 2,014
Operating lease liabilities (1,977) (587)
Net cash (used in) provided by operating activities (826) 5,480
Cash flows from investing activities    
Purchase of property and equipment (5,318) (16,467)
Net cash used in investing activities (5,318) (16,467)
Cash flows from financing activities    
Payments on EIDL Loans (53) (52)
Payments on finance leases (4) (9)
Payments on third party loans (1,589) (979)
Payment on line of credit (2,500) (3,000)
Proceeds from line of credit 13,550  
Proceeds from third party loans   2,000
Payments under stock repurchase plan   (200)
Distributions paid on NCI   (831)
Dividends paid on common stock   (157)
Net cash provided by (used in) financing activities 9,404 (3,228)
Effects of exchange rate changes on cash (154) 150
Net change in cash and cash equivalents 3,106 (14,065)
Cash and cash equivalents at beginning of period 2,824 23,675
Cash and cash equivalents at end of the period 5,930 9,610
Supplemental disclosures of other cash flow information:    
Cash paid for interest 225 114
Cash paid for taxes 3 291
Non-cash investing and financing activities:    
Reduction in accounts payable and accruals for purchases of property and equipment 93 843
Leased assets obtained in exchange for new operating lease liabilities 9,472 13,717
Effect of lease modification (475)  
Adjustments to tax liabilities and assets under TRA   141
Exchange of NCI for Class A common stock 171 $ 225
Reclassification of ROU assets and property and equipment, net into assets held for sale (11,710)  
Reclassification of operating lease liabilities into liabilities held for sale $ 14,701