| Schedule of Segment Information |
Financial information for the Company’s reportable segment is as follows: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | (in thousands) | 2026 | | 2025 | | 2026 | | 2025 | | Segment revenue | $ | 62,999 | | | $ | 50,394 | | | $ | 118,453 | | | $ | 95,214 | | | Less: | | | | | | | | | Beverage, food and packaging costs | 16,968 | | | 14,673 | | | 31,981 | | | 27,355 | | | Labor and related expenses | 13,235 | | | 10,384 | | | 24,710 | | | 19,803 | | | Occupancy and related expenses | 5,069 | | | 3,859 | | | 9,794 | | | 7,607 | | Other store operating expenses(1) | 8,636 | | | 6,565 | | | 16,418 | | | 12,804 | | | Selling, general and administrative expenses | 9,805 | | | 7,860 | | | 19,047 | | | 14,740 | | | Depreciation and amortization | 3,932 | | | 2,943 | | | 7,385 | | | 5,826 | | | Pre-opening costs | 1,252 | | | 843 | | | 2,340 | | | 1,561 | | | Interest expense, net | 525 | | | 3,115 | | | 947 | | | 6,157 | | | Other expense (income), net | 258 | | | 1,069 | | | 610 | | | 1,084 | | | Income tax expense | 101 | | | 144 | | | 204 | | | 222 | | | Segment income (loss) | 3,218 | | | (1,061) | | | 5,017 | | | (1,945) | | | Reconciliation of profit or loss | | | | | | | | | Adjustments and reconciling items | — | | | — | | | — | | | — | | | Consolidated net income (loss) | $ | 3,218 | | | $ | (1,061) | | | $ | 5,017 | | | $ | (1,945) | | | | | | | | | |
(1)Other store operating expenses consists of credit card fees, repairs and maintenance, utilities, software subscriptions, property taxes, and other operating expenses, incidental to operating the Company’s stores, such as store supplies, insurance, business permits, and travel expense.
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