v3.26.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash flows from operating activities:    
Net income (loss) $ 5,017 $ (1,945)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 7,385 5,826
Loss on disposal of property and equipment 165 0
Amortization of debt issuance costs and loan fees 120 728
Accrued paid-in-kind interest 0 146
Interest income from related party 0 (74)
Equity-based compensation 2,327 0
Deferred income taxes 44 0
TRA remeasurement loss 608 0
Non-cash operating lease costs 5,508 4,613
Changes in operating assets and liabilities:    
Receivables, net (11) (210)
Inventories (494) (589)
Prepaid expenses and deposits 824 367
Other assets (231) (77)
Accounts payable (1,154) (70)
Accrued payroll and benefits 679 (960)
Deferred compensation 0 1,734
Accrued expenses 1,795 1,346
Gift card and loyalty program liability (117) (114)
Operating lease liabilities (3,278) (2,302)
Net cash provided by operating activities 19,187 8,419
Cash flows from investing activities:    
Purchases of property and equipment (33,151) (15,033)
Purchase of intangible assets (63) (110)
Payments of initial direct costs for operating leases (671) 0
Net cash used in investing activities (33,885) (15,143)
Cash flows from financing activities:    
Proceeds from long-term debt 2,651 16,000
Payments on long-term debt (384) (528)
Payments of debt issuance costs and loan fees 0 (160)
Payments for redemption of outstanding Series A units 0 (3,429)
Unitholder distributions 0 (600)
Deferred offering costs paid 0 (146)
Net cash provided by financing activities 2,267 11,137
Net increase (decrease) in cash and cash equivalents (12,431) 4,413
Cash and cash equivalents, beginning of period 28,406 10,227
Cash and cash equivalents, end of period 15,975 14,640
Supplemental disclosure of cash flow information:    
Cash paid during the year for interest, net of capitalized interest 1,020 5,306
Income taxes paid, net of refunds 250 180
Supplemental disclosure of noncash investing and financing activities:    
Deferred offering costs not yet paid 0 2,532
Property and equipment accrued in accounts payable and accrued expenses 8,104 1,667
Noncash recognition of finance obligations $ 3,350 $ 0