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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 25, 2022
Dec. 26, 2021
Current assets:    
Cash and cash equivalents $ 331,614 $ 471,971
Accounts receivable 3,244 2,644
Inventory 1,383 903
Prepaid expenses 8,161 13,763
Tenant improvement receivable 0 16,695
Current portion of lease acquisition costs 93 525
Other current assets 1,654 155
Total current assets 346,149 506,656
Operating lease assets 254,059 0
Property and equipment, net 235,257 180,666
Goodwill 35,970 35,970
Intangible assets, net 30,562 32,868
Lease acquisition costs, net 518 4,391
Security deposits 1,528 1,770
Other assets 4,767 0
Restricted cash 125 328
Total assets 908,935 762,649
Current liabilities:    
Current portion of operating lease liabilities 29,642 0
Accounts payable 12,242 11,197
Accrued expenses 22,069 16,338
Accrued payroll 6,580 12,093
Gift cards and loyalty liability 2,016 1,839
Current portion of deferred rent liability 0 6,061
Total current liabilities 72,549 47,528
Operating lease liabilities, net of current portion 271,097 0
Deferred rent liability, net of current portion 0 38,402
Accrued payroll, net of current portion 0 2,500
Contingent consideration liability 21,296 20,477
Other non-current liabilities 1,353 500
Deferred income tax liabilities 1,414 125
Total liabilities 367,709 109,532
COMMITMENTS AND CONTINGENCIES (Note 16)
Stockholders’ (deficit) equity:    
Common stock, $0.001 par value, 2,000,000,000 Class A shares authorized, 97,656,690 and 95,868,394 Class A shares issued and outstanding as of December 25, 2022 and December 26, 2021, respectively; 300,000,000 Class B shares authorized and 13,476,303 and 13,477,303 Class B shares issued and outstanding as of December 25, 2022 and December 26, 2021, respectively. 111 109
Additional paid-in capital 1,212,716 1,129,224
Accumulated deficit (671,601) (476,216)
Total stockholders’ (deficit) equity 541,226 653,117
Total liabilities, preferred stock and stockholders’ (deficit) equity $ 908,935 $ 762,649