RELATED PARTY TRANSACTIONS

3 Months Ended

Mar. 29, 2020

Related Party Transactions

Related Party Transactions

(16) Related Party Transactions

Anand D. Gala is a franchisee of the Company and currently serves as a director of the Company. Mr. Gala is the Founder, President and Chief Executive Officer of Gala Holdings International, a diversified holding company that conducts consulting, restaurant development and management operations.

Charles Davidson is a franchisee of the Company and is the beneficial owner of approximately 18.2% of the Company’s common stock as of the date that these financial statements were available to be issued, by virtue of his ownership interest in Wexford Capital.

The following table outlines amounts received from related parties during the three months ended March 29, 2020, and March 31, 2019:

	Three Months Ended
(in thousands)	March 29, 2020		March 31, 2019
Revenues and NAF contributions - Anand Gala	$	344	$	388
Revenues and NAF contributions - Charles Davidson		166		77

The following table outlines accounts receivable from related parties as of March 29, 2020 and December 29, 2019:

(in thousands)	March 29, 2020		December 29, 2019
Accounts receivable, net - Anand Gala	$	344	$	290
Accounts receivable, net - Charles Davidson		111		77