Annual report pursuant to Section 13 and 15(d)

Segment Information (Tables)

v3.23.1
Segment Information (Tables)
 12 Months Ended
Jan. 02, 2023
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information The following tables present revenue, capital expenditures, depreciation and amortization, pre-opening costs, interest expense and net loss by segment:
(in thousands) Year Ended January 2, 2023 Year Ended December 31, 2021
Revenue:
BurgerFi $ 49,901  $ 46,448 
Anthony's* 128,819  22,419 
Total $ 178,720  $ 68,867 
Capital expenditures:
BurgerFi $ 1,428  $ 10,348 
Anthony's* 1,090  317 
Total $ 2,517  $ 10,665 
Depreciation and amortization:
BurgerFi $ 9,571  $ 8,694 
Anthony's 7,567  1,366 
Total $ 17,138  $ 10,060 
Pre-opening costs:
BurgerFi $ 474  $ 1,905 
Anthony's —  — 
Total $ 474  $ 1,905 
Interest expense:
BurgerFi $ 3,843  $ 673 
Anthony's 4,816  733 
Total $ 8,659  $ 1,406 
Net loss:
BurgerFi $ (50,375) $ (121,352)
Anthony's* (53,057) (142)
Total $ (103,432) $ (121,494)
* Amounts for Anthony's are only presented from November 3, 2021, the date of acquisition.


Total assets by segment are as follows:

(in thousands) Year Ended January 2, 2023 Year Ended December 31, 2021
Total assets:
BurgerFi $ 136,811  $ 161,675 
Anthony's 139,969  156,044 
Total $ 276,780  $ 317,719