XML 12 R2.htm IDEA: XBRL DOCUMENT v3.25.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 29, 2025
Dec. 29, 2024
Current assets:    
Cash and cash equivalents $ 168,452 $ 214,789
Accounts receivable 6,669 5,034
Inventory 2,412 1,987
Prepaid expenses 9,276 7,844
Current portion of lease acquisition costs 93 93
Other current assets 3,424 4,790
Total current assets 190,326 234,537
Operating lease assets 268,744 257,496
Property and equipment, net 304,796 296,485
Goodwill 35,970 35,970
Intangible assets, net 22,716 24,040
Security deposits 1,319 1,419
Lease acquisition costs, net 287 333
Restricted cash 4,199 2,640
Other assets 3,526 3,838
Total assets 831,883 856,758
Current liabilities:    
Current portion of operating lease liabilities 39,950 41,773
Accounts payable 20,376 18,698
Accrued expenses 28,221 26,564
Accrued payroll 9,642 14,716
Gift cards and loyalty liability 6,272 4,413
Other current liabilities 0 9,663
Total current liabilities 104,461 115,827
Operating lease liabilities, net of current portion 298,782 288,941
Contingent consideration liability 4,637 5,311
Other non-current liabilities 164 173
Deferred income tax liabilities 541 361
Total liabilities 408,585 410,613
COMMITMENTS AND CONTINGENCIES (Note 14)
Stockholders’ equity:    
Common stock, $0.001 par value per share, 2,000,000,000 Class A shares authorized, 106,303,947 and 105,200,553 Class A shares issued and outstanding as of June 29, 2025 and December 29, 2024, respectively; 300,000,000 Class B shares authorized, 11,893,558 and 11,915,758 Class B shares issued and outstanding as of June 29, 2025 and December 29, 2024, respectively 118 117
Additional paid-in capital 1,346,735 1,321,386
Accumulated deficit (923,555) (875,358)
Total stockholders’ equity 423,298 446,145
Total liabilities and stockholders’ equity $ 831,883 $ 856,758