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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 29,229 $ 32,631
Inventories 416 461
Prepaid expenses and other current assets 3,398 3,726
Total current assets 33,043 36,818
Equity method investment 0 523
Property and equipment, net 39,628 33,907
Goodwill 9,498 0
Operating lease assets 122,560 99,255
Deferred tax asset 13,184 12,618
Other assets 892 749
Total assets 218,805 183,870
Current liabilities    
Accounts payable 10,694 10,704
Accrued salaries and benefits 2,619 2,660
Accrued interest 76 42
Obligations under finance leases, current 56 125
Operating lease liabilities, current 4,516 4,535
Deferred Restaurant Revitalization Fund grant 3,806 3,806
Advances from members 0 2,704
Other current liabilities 6,046 5,366
Total current liabilities 31,329 31,304
Tax receivable agreement liability 584 0
Operating lease liabilities, net of current portion 135,071 110,501
Total liabilities 171,409 146,352
Commitments and contingencies (Note 11)
Mezzanine equity    
EB-5 Members' equity 1,500 1,500
Permanent equity    
Additional paid-in capital 11,486 7,112
Retained Earnings 1,095 322
Non-controlling interest 33,283 28,552
Total permanent equity 45,896 36,018
Total liabilities and stockholders' equity 218,805 183,870
Related Party    
Current liabilities    
Notes payable, current 310 1,197
Non-related Party    
Current liabilities    
Notes payable, current 3,206 165
Notes payable, net of current portion 4,425 4,547
Class A Common Stock    
Permanent equity    
Common stock 4 4
Class B Common Stock    
Permanent equity    
Common stock $ 28 $ 28