v3.26.3
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 29, 2026
Sep. 30, 2025
Operating activities    
Net loss $ (9,514) $ (35,760)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 17,553 20,833
Deferred income taxes, net 30 49
Restaurant impairments, closure costs and asset disposals 7,000 17,703
Amortization of debt issuance costs 658 658
Stock-based compensation 2,364 2,613
Changes in operating assets and liabilities:    
Accounts receivable (608) (216)
Inventories 137 (383)
Prepaid expenses and other assets (285) (38)
Accounts payable (911) 6,353
Income taxes (15) (7)
Operating lease assets and liabilities (3,378) (3,183)
Accrued expenses and other liabilities 4,154 (265)
Net cash provided by operating activities 17,185 8,357
Investing activities    
Purchases of property and equipment (6,348) (10,055)
Net cash used in investing activities (6,348) (10,055)
Financing activities    
Net payments from swing line loan (398) (6,592)
Proceeds from borrowings on long-term debt 0 13,350
Payments on long-term debt (8,800) 0
Payments on finance leases (1,086) (1,342)
Stock plan transactions and tax withholding on share-based compensation awards (286) (173)
Net cash (used in) provided by financing activities (10,570) 5,243
Net increase in cash and cash equivalents 267 3,545
Cash and cash equivalents    
Beginning of period 1,265 1,149
End of period $ 1,532 $ 4,694