Annual report pursuant to Section 13 and 15(d)

Property & Equipment

v3.24.1.u1
Property & Equipment
12 Months Ended
Jan. 01, 2024
Property, Plant and Equipment [Abstract]  
Property & Equipment Property & Equipment
Property and equipment consisted of the following:

(in thousands) January 1, 2024 January 2, 2023
Leasehold improvements $ 17,579  $ 17,029 
Kitchen equipment and other equipment 8,708  8,196 
Computers and office equipment 1,536  1,468 
Furniture and fixtures 2,828  2,677 
Vehicles 37 
30,659  29,407 
Less: Accumulated depreciation and amortization (14,538) (10,036)
Property & equipment – net $ 16,121  $ 19,371 

Depreciation expense for the years ended January 1, 2024 and January 2, 2023 was $4.7 million and $8.7 million, respectively.
The Company's long-lived assets are reviewed for impairment annually and whenever there are triggering events that require us to perform this review. The Company recorded $1.8 million and $3.1 million of property and equipment impairment during the years ended January 1, 2024 and January 2, 2023, respectfully. Refer to Note 5, “Impairment,” for further discussion.