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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 29, 2025
Jun. 30, 2024
Jun. 29, 2025
Jun. 30, 2024
Revenue $ 185,583 $ 184,641 $ 351,887 $ 342,491
Restaurant operating costs (exclusive of depreciation and amortization presented separately below):        
Total restaurant operating costs 150,458 143,122 287,075 272,435
Operating expenses:        
General and administrative 34,505 39,202 72,842 76,067
Depreciation and amortization 17,996 16,737 35,102 33,164
Pre-opening costs 2,534 1,104 4,230 2,536
Impairment and closure costs 5,336 117 5,430 274
Loss on disposal of property and equipment 31 49 117 115
Restructuring charges 1,146 494 2,051 999
Total operating expenses 61,548 57,703 119,772 113,155
Loss from operations (26,423) (16,184) (54,960) (43,099)
Interest income (1,725) (2,920) (3,628) (5,936)
Interest expense 5 197 5 216
Other expense (Income) (1,635) 909 (3,320) 2,968
Net loss before income taxes (23,068) (14,370) (48,017) (40,347)
Income tax expense 90 90 200 180
Net loss $ (23,158) $ (14,460) $ (48,197) $ (40,527)
Earnings per share:        
Net loss per share basic (in dollars per share) $ (0.20) $ (0.13) $ (0.41) $ (0.36)
Net loss per share diluted (in dollars per share) $ (0.20) $ (0.13) $ (0.41) $ (0.36)
Weighted average shares used in computing net loss per share basic (in shares) 117,827,054 113,580,674 117,566,164 113,238,928
Weighted average shares used in computing net loss per share diluted (in shares) 117,827,054 113,580,674 117,566,164 113,238,928
Food, beverage, and packaging        
Restaurant operating costs (exclusive of depreciation and amortization presented separately below):        
Total restaurant operating costs $ 51,444 $ 49,883 $ 95,436 $ 93,601
Labor and related expenses        
Restaurant operating costs (exclusive of depreciation and amortization presented separately below):        
Total restaurant operating costs 51,044 49,668 99,115 95,434
Occupancy and related expenses        
Restaurant operating costs (exclusive of depreciation and amortization presented separately below):        
Total restaurant operating costs 16,438 15,021 32,112 29,469
Other restaurant operating costs        
Restaurant operating costs (exclusive of depreciation and amortization presented separately below):        
Total restaurant operating costs $ 31,532 $ 28,550 $ 60,412 $ 53,931