v3.26.1
Segment Reporting
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Segment Reporting Segment Reporting
The Company’s Chief Operating Decision Maker (“CODM”) is the senior executive team that includes the President and Chief Executive Officer and the Chief Financial Officer. The Company has one reportable operating segment. The one reportable segment derives its revenue from company-owned restaurants and franchise owned restaurants. No guest accounts for 10% or more of the Company’s revenues. The Company’s CODM uses income (loss) from operations to evaluate performance and make key operating decisions, such as deciding the rate at which we invest resources into the segment.

The following table presents selected financial information with respect to our single reportable segment regularly reviewed by our CODM (in thousands):
Fiscal Quarter EndedTwo Fiscal Quarters Ended
June 30,
2026		July 1,
2025		June 30,
2026		July 1,
2025
Revenue:
Restaurant revenue$124,801 $123,781 $246,241 $245,107 
Franchising royalties and fees, and other2,236 2,652 4,582 5,120 
Total segment revenue
127,037 126,433 250,823 250,227 
Less:
Cost of sales31,019 32,860 61,912 65,153 
Labor36,737 39,279 73,147 78,675 
Occupancy10,165 11,393 20,519 22,887 
Other restaurant operating costs25,372 24,414 51,084 50,070 
General and administrative13,857 12,404 26,371 25,214 
Depreciation and amortization5,900 7,139 11,881 14,229 
Pre-opening— 69 — 220 
Restaurant impairments, closure costs and asset disposals5,527 13,653 8,261 14,944 
Total segment expenses
128,577 141,211 253,175 271,392 
Segment loss from operations$(1,540)$(14,778)$(2,352)$(21,165)
Reconciliation:
Interest expense, net2,391 2,753 4,989 5,400 
Consolidated loss before income taxes$(3,931)$(17,531)$(7,341)$(26,565)
June 30,
2026		December 30,
2025
Other segment disclosures (in thousands):
Total long-lived assets (1)
$208,621 $233,678 
Total assets$235,774 $261,671 
_____________________
(1)Long-lived assets include the Company’s property and equipment and operating lease assets presented in the Condensed Consolidated Balance Sheets.