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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 28, 2021
Dec. 27, 2020
Current assets    
Cash and cash equivalents $ 11,507 $ 11,126
Accounts receivable, net of allowances of $11 and $47 as of March 28, 2021 and December 27, 2020, respectively 4,636 4,354
Inventories 2,683 2,989
Prepaid expenses and other current assets 4,516 4,839
Total current assets 23,342 23,308
Property and equipment, net 55,670 61,193
Right-of-use assets for operating leases 181,165 189,141
Indefinite-lived intangible assets 3,404 3,404
Goodwill 2,222 2,222
Deferred expenses, net and other assets 4,215 4,089
Total assets 270,018 283,357
Current liabilities    
Accounts payable 6,499 6,206
Accrued expenses 25,574 23,742
Short-term operating lease liabilities 32,098 35,325
Current portion of long-term debt 833 333
Total current liabilities 65,004 65,606
Long-term debt, net of current portion 11,953 15,953
Long-term operating lease liabilities 181,705 189,146
Other long-term liabilities 5,066 7,157
Total liabilities 263,728 277,862
Commitments and contingencies (Note 10)
Equity    
Common stock, $0.01 par value—authorized 200,000 shares; outstanding 27,636 and 24,323 shares as of March 28, 2021 and December 27, 2020, respectively 372 339
Warrants 2,566  
Additional paid-in-capital 450,708 438,174
Treasury stock, held at cost, 9,612 and 9,612 shares as of March 28, 2021, and December 27, 2020, respectively (113,266) (113,266)
Accumulated deficit (333,949) (319,477)
Total stockholders’ equity 6,431 5,770
Non-controlling interest (141) (275)
Total equity 6,290 5,495
Total liabilities and equity $ 270,018 $ 283,357