BurgerFi International, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Debt - Narrative (Details)

Debt - Narrative (Details) $ in Thousands			3 Months Ended					12 Months Ended
Debt - Narrative (Details) $ in Thousands	Feb. 24, 2023 USD ($)	Nov. 03, 2021 USD ($)	Dec. 30, 2024	Sep. 30, 2024	Jul. 01, 2024	Apr. 01, 2024	Jan. 01, 2024 USD ($)	Jan. 01, 2024 USD ($)	Jan. 02, 2023 USD ($)	Dec. 31, 2024	Jun. 30, 2024	Mar. 31, 2024	Dec. 31, 2023	Jun. 30, 2023	Jun. 16, 2023 USD ($)	Mar. 31, 2023	Feb. 01, 2023 USD ($)	Jan. 03, 2023	Dec. 31, 2022	Mar. 09, 2022
Debt Instrument [Line Items]
Unamortized discount							$ 612	$ 612	$ 765
Long-term borrowings and Related party note payable							16,206	16,206	63,029
Amortization of debt issuance costs								520	514
Related Party
Debt Instrument [Line Items]
Long-term borrowings and Related party note payable							$ 14,488	14,488	9,235
Interest expense								$ 502	0
Junior Subordinated Debt
Debt Instrument [Line Items]
Debt instrument, face amount																	$ 15,100
Notes Payable, Noncurrent
Debt Instrument [Line Items]
Stated interest rate							7.00%	7.00%
Debt instrument, term								7 years
Small Business Administration (“SBA”) Economic Injury Disaster Loan
Debt Instrument [Line Items]
Stated interest rate							3.70%	3.70%
Debt instrument, term								30 years
Credit Agreement
Debt Instrument [Line Items]
Debt instrument, face amount																	5,100
Incremental deferred interest, annual percentage																		1.00%		2.00%
Deferred interest payable															$ 300
Unamortized discount							$ 1,300	$ 1,300
Debt covenant, net cash proceeds							5,000	5,000	5,000
Liquidity requirement									9,500
Deferred financing costs							$ 100	100	900
Amortization of debt issuance costs								$ 500	$ 500
Credit Agreement \| Repayment on or Prior to December 31, 2022
Debt Instrument [Line Items]
Deferred interest due																				0.00%
Credit Agreement \| Repayment Between January 1, 2023 and March 31, 2023
Debt Instrument [Line Items]
Deferred interest due																				50.00%
Credit Agreement \| Interest Period From June 16, 2023 Through December 31, 2023
Debt Instrument [Line Items]
Stated interest rate							6.75%	6.75%
Credit Agreement \| Interest Period From January 1, 2024 Through June 15, 2024
Debt Instrument [Line Items]
Stated interest rate							7.25%	7.25%
Credit Agreement \| Interest Period From June 15, 2024 Through Maturity
Debt Instrument [Line Items]
Stated interest rate							7.75%	7.75%
Credit Agreement \| Interest Period From January 1, 2023 Through June 15, 2023
Debt Instrument [Line Items]
Stated interest rate							5.75%	5.75%
Credit Agreement \| Term loan
Debt Instrument [Line Items]
Debt instrument, face amount		$ 57,800
Debt exchanged																	$ 10,000
Debt forgiven	$ 10,000
Credit Agreement \| Revolving line of credit
Debt Instrument [Line Items]
Line of credit, maximum borrowing capacity		4,000
Repayment of line of credit		$ 800
Senior lease-adjusted leverage ratio (greater than)													7.00	6.50		7.00			7.00
Minimum fixed charge coverage ratio							1.00		1.10
Consolidated fixed charge coverage ratio, minimum								1.15
Consolidated fixed charge coverage ratio, maximum								1.15
Consolidated fixed charge coverage ratio requirement								0.25
Credit Agreement \| Revolving line of credit \| Forecast
Debt Instrument [Line Items]
Senior lease-adjusted leverage ratio (greater than)				6.75						6.50	6.75	6.75
Minimum fixed charge coverage ratio			1.10	1.05	1.05	1.05
Credit Agreement \| Loans Payable, Noncurrent
Debt Instrument [Line Items]
Unamortized discount							$ 1,300	$ 1,300
Deferred financing costs							1,000	1,000	$ 900
Amortization of debt issuance costs								200	500
Credit Agreement \| Loans Payable, Noncurrent \| Related Party
Debt Instrument [Line Items]
Long-term borrowings and Related party note payable							$ 14,500	$ 14,500
New Junior Subordinated Secured Notes \| Junior Subordinated Debt
Debt Instrument [Line Items]
Debt instrument, face amount	$ 5,100
Stated interest rate	4.00%																4.00%
Interest expense									$ 500