XML 17 R5.htm IDEA: XBRL DOCUMENT v3.25.3
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Sep. 27, 2025
Sep. 28, 2024
REVENUES:    
Revenues $ 165,751 $ 183,545
COSTS AND EXPENSES:    
Payroll expenses 60,346 65,844
Other operating costs and expenses 22,644 24,125
General and administrative expenses 12,001 12,263
Depreciation and amortization 3,138 4,090
(Gain) loss on closure of El Rio Grande (173) 876
Gain on termination of Tampa Food Court lease (5,235) 0
Impairment losses on right-of-use and long-lived assets 4,700 2,500
Goodwill impairment 3,440 4,000
Total costs and expenses 169,815 187,839
OPERATING LOSS (4,064) (4,294)
OTHER (INCOME) EXPENSE:    
Interest expense 414 621
Interest income (45) (44)
Other income 0 (26)
Gain on sale of condominiums (594) 0
Gain on forgiveness of PPP Loans 0 (285)
Total other (income) expense, net (225) 266
LOSS BEFORE PROVISION (BENEFIT) FOR INCOME TAXES (3,839) (4,560)
Provision (benefit) for income taxes 5,324 (815)
CONSOLIDATED NET LOSS (9,163) (3,745)
Net income attributable to non-controlling interests (2,303) (151)
NET LOSS ATTRIBUTABLE TO ARK RESTAURANTS CORP. $ (11,466) $ (3,896)
NET LOSS PER ARK RESTAURANTS CORP. COMMON SHARE:    
Basic (in USD per share) $ (3.18) $ (1.08)
Diluted (in USD per share) $ (3.18) $ (1.08)
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING:    
Basic (in shares) 3,605 3,604
Diluted (in shares) 3,605 3,604
Food and Beverage    
REVENUES:    
Revenues $ 163,312 $ 179,110
COSTS AND EXPENSES:    
Cost of sales 46,427 49,519
Other revenue    
REVENUES:    
Revenues 2,439 4,435
Occupancy    
COSTS AND EXPENSES:    
Cost of sales $ 22,527 $ 24,622