Quarterly report pursuant to Section 13 or 15(d)

Contract Liabilities

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Contract Liabilities
 3 Months Ended
Apr. 01, 2024
Revenue from Contract with Customer [Abstract]  
Contract Liabilities Contract Liabilities
A roll forward of contract liabilities is as follows:

Quarter Ended
(in thousands) April 1, 2024   April 3, 2023
Balance, beginning of period $ 745  $ 1,092 
Initial/Transfer franchise fees received —  156 
Revenue recognized for stores open and transfers during period (4) (68)
Revenue recognized related to franchise agreement terminations (56) (41)
Other unearned revenue (recognized) received —  (24)
Balance, end of period $ 685  $ 1,115 

Franchise Revenue

Revenue recognized during the periods included in royalty and other fees on our consolidated statement of operations was as follows:

Quarter Ended
April 1, 2024 April 3, 2023
Franchise Fees $ 60  $ 133