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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 24, 2023
Dec. 25, 2022
Current assets:    
Cash and cash equivalents $ 274,743 $ 331,614
Accounts receivable 9,891 3,244
Inventory 3,348 1,383
Prepaid expenses 5,975 8,161
Current portion of lease acquisition costs 93 93
Other current assets 4,612 1,654
Total current assets 298,662 346,149
Operating lease assets 245,882 254,059
Property and equipment, net 264,270 235,257
Goodwill 35,970 35,970
Intangible assets, net 28,549 30,562
Lease acquisition costs, net 449 518
Security deposits 1,555 1,528
Other assets 4,393 4,767
Restricted cash 125 125
Total assets 879,855 908,935
Current liabilities:    
Current portion of operating lease liabilities 30,613 29,642
Accounts payable 13,609 12,242
Accrued expenses 21,485 22,069
Accrued payroll 13,514 6,580
Gift cards and loyalty liability 1,832 2,016
Total current liabilities 81,053 72,549
Operating lease liabilities, net of current portion 271,978 271,097
Contingent consideration liability 22,887 21,296
Other non-current liabilities 1,234 1,353
Deferred income tax liabilities 2,369 1,414
Total liabilities 379,521 367,709
COMMITMENTS AND CONTINGENCIES (Note 14)
Stockholders’ equity:    
Common stock, $0.001 par value per share, 2,000,000,000 Class A shares authorized, 99,322,080 and 97,656,690 Class A shares issued and outstanding as of September 24, 2023 and December 25, 2022, respectively; 300,000,000 Class B shares authorized, 13,099,467 and 13,476,303 Class B shares issued and outstanding as of September 24, 2023 and December 25, 2022, respectively 112 111
Additional paid-in capital 1,257,793 1,212,716
Accumulated deficit (757,571) (671,601)
Total stockholders’ equity 500,334 541,226
Total liabilities and stockholders’ equity $ 879,855 $ 908,935