Quarterly report pursuant to Section 13 or 15(d)

Segment Information - Summary of Financial Statement Data by Segment (Details)

v3.23.3
Segment Information - Summary of Financial Statement Data by Segment (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Oct. 02, 2023
Oct. 03, 2022
Oct. 02, 2023
Oct. 03, 2022
Segment Reporting Information [Line Items]        
Revenue by Segment $ 39,480 $ 43,255 $ 128,634 $ 133,484
Net loss (4,958) (3,332) (20,110) (77,269)
Goodwill impairment     0 55,168
Interest expense 2,219 2,245 6,508 6,562
Restructuring costs 515 568 2,688 1,608
Loss (gain) on change in value of warrant liability (224) (726) 167 (2,050)
Income tax expense (benefit) 0 0 2 (447)
Parent Company        
Segment Reporting Information [Line Items]        
Revenue by Segment 39,480 43,255 128,634 133,484
Net loss (4,958) (3,332) (20,110) (77,269)
Goodwill impairment     0 55,168
Lease termination recovery     (42) 0
Employee retention credits 0 (2,626) 0 (2,626)
Share-based compensation expense 172 1,010 5,401 9,295
Depreciation and amortization expense 3,272 4,253 9,794 13,427
Interest expense 2,219 2,245 6,508 6,562
Restructuring costs 353 0 2,397 0
Merger, acquisition and integration costs 96 168 723 2,472
Legal settlements, net of gains (193) 81 317 393
Store closure costs 162 568 333 1,134
Loss (gain) on change in value of warrant liability (224) (726) 167 (2,050)
Pre-opening costs     0 474
(Gain) loss on sale of assets (85) 1 (96) 1
Income tax expense (benefit)     2 (447)
Adjusted EBITDA 814 1,642 5,394 6,534
BurgerFi        
Segment Reporting Information [Line Items]        
Revenue by Segment 9,940 11,775 34,089 37,628
Net loss (4,167) (1,752) (18,924) (36,439)
Goodwill impairment     0 17,505
Lease termination recovery     (42) 0
Employee retention credits 0 (2,626) 0 (2,626)
Share-based compensation expense 177 1,010 5,380 9,295
Depreciation and amortization expense 2,123 2,212 6,360 7,335
Interest expense 1,033 1,003 2,955 2,960
Restructuring costs 311 0 1,389 0
Merger, acquisition and integration costs 62 168 624 2,359
Legal settlements, net of gains (289) 81 218 393
Store closure costs 64 548 138 1,134
Loss (gain) on change in value of warrant liability (224) (726) 167 (2,050)
Pre-opening costs     0 474
(Gain) loss on sale of assets 7 (5) 1 (5)
Income tax expense (benefit)     0 (451)
Adjusted EBITDA (903) (87) (1,734) (116)
Anthony's        
Segment Reporting Information [Line Items]        
Revenue by Segment 29,540 31,480 94,545 95,856
Net loss (791) (1,580) (1,186) (40,830)
Goodwill impairment     0 37,663
Lease termination recovery     0 0
Employee retention credits 0 0 0 0
Share-based compensation expense (5) 0 21 0
Depreciation and amortization expense 1,149 2,041 3,434 6,092
Interest expense 1,186 1,242 3,553 3,602
Restructuring costs 42 0 1,008 0
Merger, acquisition and integration costs 34 0 99 113
Legal settlements, net of gains 96 0 99 0
Store closure costs 98 20 195 0
Loss (gain) on change in value of warrant liability   0 0 0
Pre-opening costs     0 0
(Gain) loss on sale of assets (92) 6 (97) 6
Income tax expense (benefit)     2 4
Adjusted EBITDA $ 1,717 $ 1,729 $ 7,128 $ 6,650