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Goodwill and Other Intangible Assets, Net | 9 Months Ended
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Sep. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Other Intangible Assets, Net | 10. Goodwill and Other Intangible Assets, Net The Company’s intangible assets include trademarks, franchisee agreements, franchise license, domain names, customer list, proprietary recipes and non-compete agreements. Intangible assets are amortized over useful lives ranging from 5 to 10 years. In 2024, the Company moved the remaining intangible assets to Assets held for sale and as a result of the reclassification, the Company stopped amortizing these assets. See Note 4 – Assets held for sale for additional information. A summary of the intangible assets is presented below:
| Intangible assets, net at December 31, 2023 |  | Impairment of intangible assets |  | Amortization expense |  | Transfer to assets held for sale |  | Intangible assets, net at September 30, 2024 |  | Intangible assets, net at December 31, 2024 |  | Impairment of intangible assets |  | Amortization expense |  | Transfer to assets held for sale |  | Intangible assets, net at September 30, 2025
| $’000 |  | $’000 |  | $’000 |  | $’000 |  | $’000 |  | $’000 |  | $’000 |  | $’000 |  | $’000 |  | $’000
Trademark Pokémoto | 83 |  |  | — |  |  | (9) |  |  | (74) |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Franchisee License Pokémoto | 2,045 |  |  | — |  |  | (69) |  |  | (1,976) |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Proprietary Recipes Pokémoto | 705 |  |  | — |  |  | (40) |  |  | (665) |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
| 2,833 |  |  | — |  |  | (118) |  |  | (2,715) |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Amortization expense related to intangible assets was nil and nil for the three months ended September 30, 2025 and 2024, respectively, and nil and $0.1 million for the nine months ended September 30, 2025 and 2024. A summary of the goodwill assets is presented below:
| Muscle Maker Grill |  | Pokémoto |  | SuperFit Food |  | Total
| $’000 |  | $’000 |  | $’000 |  | $’000
Goodwill, net at December 31 2023 | — |  |  | 1,798 |  |  | — |  |  | 1,798 |
Impairment of goodwill | — |  |  | (1,798) |  |  | — |  |  | (1,798) |
Goodwill, net at September 30, 2024 | — |  |  | — |  |  | — |  |  | — |
Goodwill, net at December 31, 2024 | — |  |  | — |  |  | — |  |  | — |
Transfer to assets held for sale | — |  |  | — |  |  | — |  |  | — |
Goodwill, net at September 30, 2025 | — |  |  | — |  |  | — |  |  | — |

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-20/tableOfContent + Details
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