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Condensed Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
May 31, 2022
May 31, 2021
Cash flows from operating activities    
Net loss $ (2,677) $ (9,461)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities    
Depreciation and amortization 4,070 3,314
Stock-based compensation 1,771 966
Loss on disposal of property and equipment   91
Non-cash lease expense 2,294 1,975
Changes in operating assets and liabilities:    
Accounts and other receivables (301) (1,227)
Inventories (151) (100)
Due from affiliate 329 10
Prepaid expenses and other current assets 7,849 (8,963)
Deposits and other assets (124) (34)
Accounts payable 1,439 71
Accrued expenses and other current liabilities 762 1,129
Salaries and wages payable 1,335 2,969
Operating lease liabilities 93 (1,011)
Due to affiliate 6 76
Sales tax payable 304 498
Net cash provided by (used in) operating activities 16,999 (9,697)
Cash flows from investing activities    
Payments for property and equipment (19,457) (11,412)
Payments for initial direct costs (435)  
Payments for purchases of liquor licenses (825) (111)
Net cash used in investing activities (20,717) (11,523)
Cash flows from financing activities    
Proceeds from loan from affiliate   17,000
Repayment of principal on finance leases (766) (777)
Taxes paid on vested restricted stock awards (154)  
Proceeds from exercise of stock options 176 439
Net cash (used in) provided by financing activities (744) 16,662
Decrease in cash and cash equivalents (4,462) (4,558)
Cash and cash equivalents, beginning of period 40,430 9,259
Cash and cash equivalents, end of period 35,968 4,701
Supplemental disclosures of cash flow information    
Cash paid for income taxes 144  
Noncash investing activities    
Acquisition of finance leases 34  
Amounts unpaid for purchases of property and equipment $ 863 $ 641