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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 9,610 $ 23,675
Inventories 899 727
Accounts receivable 1,110 3,487
Income tax receivable 563 0
Prepaid expenses and other current assets 4,621 6,004
Total current assets 16,803 33,893
Property and equipment, net 63,978 52,639
Goodwill 9,498 9,498
Operating lease assets 142,025 131,542
Deferred tax asset 12,480 11,686
Other assets 1,543 1,157
Total assets 246,327 240,415
Current liabilities    
Accounts payable 11,281 12,408
Accrued salaries and benefits 2,961 3,243
Accrued interest 73 60
Notes payable, current 2,898 1,724
Line of credit 0 3,000
Obligations under finance leases, current 6 26
Operating lease liabilities, current 6,351 5,221
Deferred Restaurant Revitalization Fund grant 3,806 3,806
Gift card liabilities 2,891 5,983
Other current liabilities 7,613 5,598
Total current liabilities 37,880 41,069
Notes payable, net of current portion 4,935 5,140
Tax receivable agreement liability 1,077 691
Obligations under finance leases, net of current 11 0
Operating lease liabilities, net of current portion 159,898 147,898
Total liabilities 203,801 194,798
Commitments and contingencies (Note 11)
Mezzanine equity    
EB-5 Members' equity 1,500 1,500
Permanent equity    
Additional paid-in capital 13,259 11,782
Accumulated other comprehensive income 150  
Retained Earnings 354 915
Non-controlling interest 27,230 31,387
Total permanent equity 41,026 44,117
Total liabilities and stockholders' equity 246,327 240,415
Class A Common Stock    
Permanent equity    
Common stock 5 5
Class B Common Stock    
Permanent equity    
Common stock $ 28 $ 28