v3.26.3
Revenue Recognition (Tables)
9 Months Ended
Sep. 27, 2026
Revenue Recognition  
Schedule of contract liabilities

The following table provides information about contract liabilities, which include deferred license revenue, deferred gift card revenue, advanced party deposits and the Friends with Benefits rewards program (in thousands):

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September 27,

​

December 28,

​

​

2026

​

2025

Deferred license revenue (1)

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$

137

​

$

116

Deferred gift card and gift certificate revenue (2)

​

$

3,890

​

$

6,074

Advanced party deposits (2)

​

$

1,430

​

$

745

Friends with Benefits rewards program (3)

​

$

943

​

$

450

(1)Includes the current and long-term portion of deferred license revenue which are included in other current liabilities and other long-term liabilities on the condensed consolidated balance sheets.
(2)Deferred gift card revenue and advance party deposits on goods and services yet to be provided are included in deferred gift card revenue and other on the condensed consolidated balance sheets.
(3)Friends with Benefits rewards program is included in accrued expenses on the condensed consolidated balance sheets.
Schedule of revenue recognized

Revenue recognized during the period from contract liabilities as of the preceding fiscal year end date is as follows (in thousands):

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​

​

​

​

​

​

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September 27,

  ​ ​ ​

September 28,

​

​

2026

​

2025

Revenue recognized from deferred license revenue

​

$

19

​

$

34

Revenue recognized from deferred gift card revenue

​

$

3,557

​

$

3,711

Revenue recognized from advanced party deposits

​

$

686

​

$

508

Schedule of estimated deferred license revenue to be recognized in the future related to performance obligations

The estimated deferred license revenue to be recognized in the future related to performance obligations that are unsatisfied as of September 27, 2026 were as follows for each year ending (in thousands):

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​

​

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2026, three periods remaining

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$

36

2027

 

​

22

2028

 

​

22

2029

 

​

16

2030

 

​

4

Thereafter

 

​

37

Total future estimated deferred license revenue

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$

137

​