Annual report pursuant to Section 13 and 15(d)

Property & Equipment

v3.23.1
Property & Equipment
 12 Months Ended
Jan. 02, 2023
Property, Plant and Equipment [Abstract]  
Property & Equipment Property & Equipment
Property & equipment consisted of the following:

(in thousands) January 2, 2023 December 31, 2021
Leasehold improvements $ 17,029  $ 19,900 
Kitchen equipment and other equipment 8,196  7,810 
Computers and office equipment 1,468  1,425 
Furniture and fixtures 2,677  2,340 
Vehicles 37  88 
29,407  31,563 
Less: Accumulated depreciation and amortization (10,036) (2,528)
Property & equipment – net $ 19,371  $ 29,035 

Depreciation expense for the years ended January 2, 2023 and December 31, 2021 was $8.7 million and $2.5 million.
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 $3.1 million and $0.6 million of property & equipment impairment during the years ended January 2, 2023 and December 31, 2021, respectfully. Refer to Note 5, “Impairment,” for further discussion.