XML 19 R6.htm IDEA: XBRL DOCUMENT v3.25.0.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Dec. 31, 2024
Dec. 26, 2023
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income (loss) $ 174 $ (483)
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Depreciation and amortization 1,042 948
Net change in ROU assets and operating lease liabilities (762) (161)
Recognition of deferred gain on sale of restaurant building (5) (10)
Gain on asset disposals (47)
Stock-based compensation expense 35 38
Provision for income taxes (3) 77
(Increase) decrease in:    
Receivables and prepaids (894) (1,107)
Inventories 60 (17)
Deposits and other assets 9 7
Notes receivable (143)
Increase (decrease) in:    
Accounts payable (387) 43
Accrued and other liabilities 403 413
Net cash used in operating activities (518) (252)
CASH FLOWS FROM INVESTING ACTIVITIES    
Payments for the purchase of property and equipment (1,416) (448)
Acquisition of restaurants from franchisees, net of cash acquired (504)
Proceeds from the sale of property and equipment 74
Net cash used in investing activities (1,846) (448)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Borrowings against credit facility 1,750 500
Payments on long-term debt (10)
Repurchases of common stock (164) (438)
Distributions to non-controlling interests (42) (29)
Net cash provided by financing activities 1,534 33
DECREASE IN CASH AND CASH EQUIVALENTS (830) (667)
CASH AND CASH EQUIVALENTS, beginning of period 3,853 4,182
CASH AND CASH EQUIVALENTS, end of period 3,023 3,515
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION    
Cash paid for interest 59 21
Change in accounts payable attributable to the purchase of property and equipment $ 52 $ (14)