Quarterly report pursuant to Section 13 or 15(d)

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

v3.23.2
Segment Information - Summary of Financial Statement Data by Segment (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jul. 03, 2023
Jun. 30, 2022
Jul. 03, 2023
Jun. 30, 2022
Segment Reporting Information [Line Items]        
Revenue by Segment $ 43,427 $ 45,298 $ 89,154 $ 90,228
Net loss (6,001) (60,377) (15,153) (73,937)
Goodwill impairment     0 55,168
Interest expense 2,211 2,246 4,289 4,318
Restructuring costs 1,135 52 2,174 1,040
(Loss) gain on change in value of warrant liability 318 (1,858) 391 (1,324)
Income tax expense (benefit) 2 (335) 2 (447)
Parent Company        
Segment Reporting Information [Line Items]        
Revenue by Segment 43,427 45,298 89,154 90,228
Net loss (6,001) (60,377) (15,153) (73,937)
Goodwill impairment 0 55,168 0 55,168
Lease termination recovery   0 (42) 0
Employee retention credits     0 0
Share-based compensation expense 556 909 5,230 8,285
Depreciation and amortization expense 3,295 4,730 6,522 9,174
Interest expense 2,211 2,246 4,289 4,318
Restructuring costs 1,127 0 2,044 0
Merger, acquisition and integration costs 299 1,893 627 2,304
Legal settlements 228 187 510 312
Store closure costs 50 52 171 566
(Loss) gain on change in value of warrant liability 318 (1,858) 391 (1,324)
Pre-opening costs     0 474
Income tax expense (benefit) 2 (335) 2 (447)
(Gain) loss on sale of assets (10) 0 (10) 0
Adjusted EBITDA 2,033 2,615 4,581 4,893
BurgerFi        
Segment Reporting Information [Line Items]        
Revenue by Segment 11,567 13,458 24,148 25,853
Net loss (5,159) (21,726) (14,757) (34,686)
Goodwill impairment 0 17,505 0 17,505
Lease termination recovery   (42) 0
Employee retention credits     0 0
Share-based compensation expense 529 909 5,203 8,285
Depreciation and amortization expense 2,147 2,616 4,237 5,123
Interest expense 1,004 992 1,922 1,957
Restructuring costs 413 0 1,078 0
Merger, acquisition and integration costs 234 1,846 562 2,191
Legal settlements 225 187 507 312
Store closure costs 9 52 74 586
(Loss) gain on change in value of warrant liability 318 (1,858) 391 (1,324)
Pre-opening costs     0 474
Income tax expense (benefit) 0 (341) 0 (451)
(Gain) loss on sale of assets (6) 0 (6) 0
Adjusted EBITDA (328) 182 (831) (28)
Anthony's        
Segment Reporting Information [Line Items]        
Revenue by Segment 31,860 31,840 65,005 64,375
Net loss (842) (38,651) (396) (39,251)
Goodwill impairment 0 37,663 0 37,663
Lease termination recovery 0 0 0 0
Employee retention credits     0 0
Share-based compensation expense 27 0 27 0
Depreciation and amortization expense 1,148 2,114 2,285 4,051
Interest expense 1,207 1,254 2,367 2,361
Restructuring costs 714 0 966 0
Merger, acquisition and integration costs 65 47 65 113
Legal settlements 3 0 3 0
Store closure costs 41 0 97 (20)
(Loss) gain on change in value of warrant liability 0 0 0 0
Pre-opening costs     0 0
Income tax expense (benefit) 2 6 2 4
(Gain) loss on sale of assets (4) 0 (4) 0
Adjusted EBITDA $ 2,361 $ 2,433 $ 5,412 $ 4,921