10-K Filing

FAT BRANDS, INC CIK: 1705012 FY 2022

Filing Information

Form Type	10-K
Accession Number	`0001628280-23-005078`
Period End Date	20221231
Filing Date	20230224
Fiscal Year	2022
Fiscal Period	FY
XBRL Instance	fat-20221225_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 100 Income Statement 47 Cash Flow Statement 102 Stockholders Equity 31

Balance Sheet 100 line items

Line Item	Tag	Value	Unit	Period
Cash	`Cash`	$56.66M	USD	Point-in-time
Cash	`Cash`	$28.67M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$24.74M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$25.38M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$20.08M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$23.88M	USD	Point-in-time
Inventory	`InventoryNet`	$5.93M	USD	Point-in-time
Inventory	`InventoryNet`	$6.92M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Assets classified as held-for-sale	`AssetsHeldForSaleNotPartOfDisposalGroupCurrent`	$5.48M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Assets classified as held-for-sale	`AssetsHeldForSaleNotPartOfDisposalGroupCurrent`	$4.77M	USD	Point-in-time
Preferred stock, authorized (in shares)	`PreferredStockSharesAuthorized`	15.00M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$6.16M	USD	Point-in-time
Preferred stock, authorized (in shares)	`PreferredStockSharesAuthorized`	15.00M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$6.09M	USD	Point-in-time
Preferred stock, issued (in shares)	`PreferredStockSharesIssued`	3.22M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$95.70M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$119.04M	USD	Point-in-time
Preferred stock, issued (in shares)	`PreferredStockSharesIssued`	3.25M	shares	Point-in-time
Preferred stock, outstanding (in shares)	`PreferredStockSharesOutstanding`	3.22M	shares	Point-in-time
Non-current restricted cash	`RestrictedCashNoncurrent`	$18.52M	USD	Point-in-time
Preferred stock, outstanding (in shares)	`PreferredStockSharesOutstanding`	3.25M	shares	Point-in-time
Non-current restricted cash	`RestrictedCashNoncurrent`	$14.72M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAssetNoncurrent`	$101.11M	USD	Point-in-time
Preferred stock, liquidation preference (in dollars per share)	`PreferredStockLiquidationPreference`	$25.00	USD	Point-in-time
Preferred stock, liquidation preference (in dollars per share)	`PreferredStockLiquidationPreference`	$25.00	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAssetNoncurrent`	$98.55M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Goodwill	`Goodwill`	$293.28M	USD	Point-in-time
Goodwill	`Goodwill`	$295.13M	USD	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	51.60M	shares	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	51.60M	shares	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$625.29M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$47.70M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$652.79M	USD	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	16.38M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$79.19M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$80.50M	USD	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	16.57M	shares	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	16.57M	shares	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$4.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$5.50M	USD	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	16.38M	shares	Point-in-time
Total assets	`Assets`	$1.21B	USD	Point-in-time
Total assets	`Assets`	$1.27B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$27.53M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$18.33M	USD	Point-in-time
Accrued expenses and other liabilities	`AccruedLiabilitiesCurrent`	$52.80M	USD	Point-in-time
Accrued expenses and other liabilities	`AccruedLiabilitiesCurrent`	$46.30M	USD	Point-in-time
Deferred income, current portion	`ContractWithCustomerLiabilityCurrent`	$2.64M	USD	Point-in-time
Deferred income, current portion	`ContractWithCustomerLiabilityCurrent`	$2.02M	USD	Point-in-time
Accrued advertising	`AccruedAdvertisingCurrent`	$14.82M	USD	Point-in-time
Accrued advertising	`AccruedAdvertisingCurrent`	$10.85M	USD	Point-in-time
Accrued interest payable	`InterestPayableCurrent`	$13.24M	USD	Point-in-time
Accrued interest payable	`InterestPayableCurrent`	$10.68M	USD	Point-in-time
Dividend payable on preferred shares	`DividendPayableOnPreferredShares`	$1.57M	USD	Point-in-time
Dividend payable on preferred shares	`DividendPayableOnPreferredShares`	$1.47M	USD	Point-in-time
Liabilities related to assets classified as held- for-sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation`	$4.78M	USD	Point-in-time
Liabilities related to assets classified as held- for-sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation`	$4.08M	USD	Point-in-time
Current portion of operating lease liability	`OperatingLeaseLiabilityCurrent`	$14.81M	USD	Point-in-time
Current portion of operating lease liability	`OperatingLeaseLiabilityCurrent`	$14.34M	USD	Point-in-time
Current portion of redeemable preferred stock	`CurrentPortionOfPreferredSharesNet`	$67.50M	USD	Point-in-time
Current portion of redeemable preferred stock	`CurrentPortionOfPreferredSharesNet`	$91.84M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$49.61M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$631.00K	USD	Point-in-time
Current portion of acquisition purchase price payable	`AcquisitionPurchasePricePayableCurrent`	$4.17M	USD	Point-in-time
Current portion of acquisition purchase price payable	`AcquisitionPurchasePricePayableCurrent`	$4.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	-	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$7.50M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$198.49M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$267.02M	USD	Point-in-time
Deferred income, net of current portion	`ContractWithCustomerLiabilityNoncurrent`	$21.70M	USD	Point-in-time
Deferred income, net of current portion	`ContractWithCustomerLiabilityNoncurrent`	$17.66M	USD	Point-in-time
Deferred income tax liabilities, net	`DeferredIncomeTaxLiabilitiesNet`	$12.92M	USD	Point-in-time
Deferred income tax liabilities, net	`DeferredIncomeTaxLiabilitiesNet`	$27.18M	USD	Point-in-time
Operating lease liability, net of current portion	`OperatingLeaseLiabilityNoncurrent`	$92.92M	USD	Point-in-time
Operating lease liability, net of current portion	`OperatingLeaseLiabilityNoncurrent`	$95.62M	USD	Point-in-time
Long-term debt, net of current portion	`LongTermDebtNoncurrent`	$904.26M	USD	Point-in-time
Long-term debt, net of current portion	`LongTermDebtNoncurrent`	$958.63M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$2.33M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$976.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$1.37B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.23B	USD	Point-in-time
Commitments and contingencies (Note 16)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 16)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Redeemable preferred stock	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$64.45M	USD	Point-in-time
Redeemable preferred stock	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	-	USD	Point-in-time
Preferred stock: $0.0001 par value; 15,000,000 shares authorized; 3,252,154 shares issued and outstanding at December 25, 2022 and 3,221,471 shares issued and outstanding at December 26, 2021; liquidation preference $25 per share	`PreferredStockIncludingAdditionalPaidInCapital`	$55.66M	USD	Point-in-time
Preferred stock: $0.0001 par value; 15,000,000 shares authorized; 3,252,154 shares issued and outstanding at December 25, 2022 and 3,221,471 shares issued and outstanding at December 26, 2021; liquidation preference $25 per share	`PreferredStockIncludingAdditionalPaidInCapital`	$45.50M	USD	Point-in-time
Class A and Class B common stock and additional paid-in capital as of December 25, 2022: $0.0001 par value per share; 51,600,000 shares authorized (Class A 50,000,000, Class B 1,600,000); 16,571,675 shares issued and outstanding (Class A 15,300,870, Class B 1,270,805). Common stock and additional paid-in capital as of December 26, 2021: $0.0001 par value; 51,600,000 shares authorized (Class A 50,000,000, Class B 1,600,000); 16,380,552 shares issued and outstanding (Class A 15,109,747, Class B 1,270,805)	`CommonStocksIncludingAdditionalPaidInCapital`	$-26.02M	USD	Point-in-time
Class A and Class B common stock and additional paid-in capital as of December 25, 2022: $0.0001 par value per share; 51,600,000 shares authorized (Class A 50,000,000, Class B 1,600,000); 16,571,675 shares issued and outstanding (Class A 15,300,870, Class B 1,270,805). Common stock and additional paid-in capital as of December 26, 2021: $0.0001 par value; 51,600,000 shares authorized (Class A 50,000,000, Class B 1,600,000); 16,380,552 shares issued and outstanding (Class A 15,109,747, Class B 1,270,805)	`CommonStocksIncludingAdditionalPaidInCapital`	$-24.84M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-52.48M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-178.67M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-21.66M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-41.88M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-159.18M	USD	Point-in-time
Total liabilities and stockholders deficit	`LiabilitiesAndStockholdersEquity`	$1.21B	USD	Point-in-time
Total liabilities and stockholders deficit	`LiabilitiesAndStockholdersEquity`	$1.27B	USD	Point-in-time

Income Statement 47 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$407.22M	USD	Annual
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$118.88M	USD	Annual
General and administrative expense	`GeneralAndAdministrativeExpense`	$41.77M	USD	Annual
General and administrative expense	`GeneralAndAdministrativeExpense`	$113.31M	USD	Annual
Cost of restaurant and factory revenues	`RestaurantOperatingExpense`	$221.63M	USD	Annual
Cost of restaurant and factory revenues	`RestaurantOperatingExpense`	$44.24M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$8.47M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$27.02M	USD	Annual
Impairment of goodwill and other intangible assets	`GoodwillAndIntangibleAssetImpairment`	$1.04M	USD	Annual
Impairment of goodwill and other intangible assets	`GoodwillAndIntangibleAssetImpairment`	$14.00M	USD	Annual
Refranchising loss	`RefranchisingGainLoss`	$-314.00K	USD	Annual
Refranchising loss	`RefranchisingGainLoss`	$-4.18M	USD	Annual
Acquisition costs	`BusinessCombinationAcquisitionRelatedCosts`	$383.00K	USD	Annual
Acquisition costs	`BusinessCombinationAcquisitionRelatedCosts`	$4.24M	USD	Annual
Advertising fees	`AdvertisingExpense`	$44.61M	USD	Annual
Advertising fees	`AdvertisingExpense`	$17.97M	USD	Annual
Total costs and expenses	`CostsAndExpenses`	$118.06M	USD	Annual
Total costs and expenses	`CostsAndExpenses`	$425.13M	USD	Annual
(Loss) income from operations	`OperatingIncomeLoss`	$-17.90M	USD	Annual
(Loss) income from operations	`OperatingIncomeLoss`	$824.00K	USD	Annual
Interest expense, net	`InterestExpenseOther`	$26.86M	USD	Annual
Interest expense, net	`InterestExpenseOther`	$78.48M	USD	Annual
Interest expense related to preferred shares	`InterestExpenseRelatedToPreferredShares`	$2.19M	USD	Annual
Interest expense related to preferred shares	`InterestExpenseRelatedToPreferredShares`	$16.37M	USD	Annual
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-1.20M	USD	Point-in-time
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-7.64M	USD	Annual
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	Annual
Other income, net	`OtherNonoperatingIncomeExpense`	$5.38M	USD	Annual
Other income, net	`OtherNonoperatingIncomeExpense`	$750.00K	USD	Annual
Total other expense, net	`NonoperatingIncomeExpense`	$-89.47M	USD	Annual
Total other expense, net	`NonoperatingIncomeExpense`	$-35.94M	USD	Annual
Loss before income tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-107.38M	USD	Annual
Loss before income tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-35.12M	USD	Annual
Income tax provision (benefit)	`IncomeTaxExpenseBenefit`	$18.81M	USD	Annual
Income tax provision (benefit)	`IncomeTaxExpenseBenefit`	$-3.54M	USD	Annual
Net loss	`NetIncomeLoss`	$-126.19M	USD	Annual
Net loss	`NetIncomeLoss`	$-31.58M	USD	Annual
Basic loss per common share (in dollars per share)	`EarningsPerShareBasic`	$-2.15	USD	Annual
Basic loss per common share (in dollars per share)	`EarningsPerShareBasic`	$-7.66	USD	Annual
Diluted loss per common share (in dollars per share)	`EarningsPerShareDiluted`	$-7.66	USD	Annual
Diluted loss per common share (in dollars per share)	`EarningsPerShareDiluted`	$-2.15	USD	Annual
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	16.48M	shares	Annual
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	14.66M	shares	Annual
Diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	16.48M	shares	Annual
Diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	14.66M	shares	Annual
Cash dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.52	USD	Annual
Cash dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.54	USD	Annual

Cash Flow Statement 102 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-126.19M	USD	Annual
Net loss	`NetIncomeLoss`	$-31.58M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$17.46M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-5.34M	USD	Annual
Net loss on extinguishment of debt	`NoncashGainLossOnExtinguishmentOfDebt`	-	USD	Annual
Net loss on extinguishment of debt	`NoncashGainLossOnExtinguishmentOfDebt`	$-6.09M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$8.47M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$27.02M	USD	Annual
Share-based compensation	`ShareBasedCompensation`	$1.64M	USD	Annual
Share-based compensation	`ShareBasedCompensation`	$7.62M	USD	Annual
Change in operating right-of-use assets	`ChangeInOperatingRightOfUseAssets`	$3.85M	USD	Annual
Change in operating right-of-use assets	`ChangeInOperatingRightOfUseAssets`	$7.02M	USD	Annual
Accretion of loan fees and interest	`AccretionOfLoanFeesAndInterest1`	$2.79M	USD	Annual
Accretion of loan fees and interest	`AccretionOfLoanFeesAndInterest1`	$10.77M	USD	Annual
Adjustments to purchase price liability	`AccretionOfPurchasePriceLiability`	$95.00K	USD	Annual
Adjustments to purchase price liability	`AccretionOfPurchasePriceLiability`	$-1.14M	USD	Annual
Gain on sale of refranchised assets	`GainLossOnSaleOfBusiness`	$2.68M	USD	Annual
Gain on sale of refranchised assets	`GainLossOnSaleOfBusiness`	-	USD	Annual
Impairment of goodwill and other intangible assets	`GoodwillAndIntangibleAssetImpairment`	$1.04M	USD	Annual
Impairment of goodwill and other intangible assets	`GoodwillAndIntangibleAssetImpairment`	$14.00M	USD	Annual
Change in provision for bad debts	`ProvisionForDoubtfulAccounts`	$1.84M	USD	Annual
Change in provision for bad debts	`ProvisionForDoubtfulAccounts`	$20.72M	USD	Annual
Other	`OtherOperatingActivitiesCashFlowStatement`	$-500.00K	USD	Annual
Other	`OtherOperatingActivitiesCashFlowStatement`	$301.00K	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$24.52M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$4.71M	USD	Annual
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$1.53M	USD	Annual
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-29.00K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$5.37M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-9.20M	USD	Annual
Accrued expense and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$6.50M	USD	Annual
Accrued expense and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$3.00M	USD	Annual
Deferred income	`IncreaseDecreaseInContractWithCustomerLiability`	$3.42M	USD	Annual
Deferred income	`IncreaseDecreaseInContractWithCustomerLiability`	$768.00K	USD	Annual
Accrued advertising	`IncreaseDecreaseInAccruedAdvertising`	$3.97M	USD	Annual
Accrued advertising	`IncreaseDecreaseInAccruedAdvertising`	$1.89M	USD	Annual
Accrued interest payable	`IncreaseDecreaseInInterestPayableNet`	$2.56M	USD	Annual
Accrued interest payable	`IncreaseDecreaseInInterestPayableNet`	$8.83M	USD	Annual
Dividend payable on preferred shares	`IncreaseDecreaseInDividendsPayableOnPreferredShares`	$-107.00K	USD	Annual
Dividend payable on preferred shares	`IncreaseDecreaseInDividendsPayableOnPreferredShares`	$1.19M	USD	Annual
Other current and non-current liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-6.84M	USD	Annual
Other current and non-current liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-653.00K	USD	Annual
Total adjustments	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$32.27M	USD	Annual
Total adjustments	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$78.79M	USD	Annual
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-47.40M	USD	Annual
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$682.00K	USD	Annual
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$1.02M	USD	Annual
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$721.38M	USD	Annual
Acquisition of intangible assets	`PaymentsToAcquireIntangibleAssets`	-	USD	Annual
Acquisition of intangible assets	`PaymentsToAcquireIntangibleAssets`	$1.75M	USD	Annual
Payments received on loans receivable	`ProceedsFromSaleOfLoansReceivable`	$212.00K	USD	Annual
Payments received on loans receivable	`ProceedsFromSaleOfLoansReceivable`	$1.76M	USD	Annual
Net proceeds from sale of refranchised restaurants	`ProceedsFromDivestitureOfBusinessesNetOfCashDivested`	$2.69M	USD	Annual
Net proceeds from sale of refranchised restaurants	`ProceedsFromDivestitureOfBusinessesNetOfCashDivested`	-	USD	Annual
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$4.23M	USD	Annual
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$9.93M	USD	Annual
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$10.42M	USD	Annual
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$21.42M	USD	Annual
Purchase deposits received on refranchised restaurants	`ProceedsFromPurchaseDepositsOnRefranchisedRestaurants`	-	USD	Annual
Purchase deposits received on refranchised restaurants	`ProceedsFromPurchaseDepositsOnRefranchisedRestaurants`	$1.50M	USD	Annual
Other	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	Annual
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$33.00K	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-723.20M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-12.50M	USD	Annual
Proceeds from borrowings, net of issuance costs	`ProceedsFromDebtNetOfIssuanceCosts`	$55.22M	USD	Annual
Proceeds from borrowings, net of issuance costs	`ProceedsFromDebtNetOfIssuanceCosts`	$897.22M	USD	Annual
Repayments of borrowings	`RepaymentsOfShortTermDebt`	$4.87M	USD	Annual
Repayments of borrowings	`RepaymentsOfShortTermDebt`	$93.28M	USD	Annual
Issuance of preferred shares, net	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	-	USD	Annual
Issuance of preferred shares, net	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	$26.73M	USD	Annual
Change in operating lease liabilities	`RepaymentOfChangeInOperatingLeaseLiabilities`	$5.70M	USD	Annual
Change in operating lease liabilities	`RepaymentOfChangeInOperatingLeaseLiabilities`	$3.60M	USD	Annual
Payments made on acquisition purchase price liability	`PaymentsOfMergerRelatedCostsFinancingActivities`	-	USD	Annual
Payments made on acquisition purchase price liability	`PaymentsOfMergerRelatedCostsFinancingActivities`	$1.07M	USD	Annual
Exercise of warrants	`ProceedsFromWarrantExercises`	$2.57M	USD	Annual
Exercise of warrants	`ProceedsFromWarrantExercises`	$694.00K	USD	Annual
Dividends paid on redeemable preferred stock	`PaymentsOfOrdinaryDividendsTemporaryEquity`	$1.06M	USD	Annual
Dividends paid on redeemable preferred stock	`PaymentsOfOrdinaryDividendsTemporaryEquity`	$2.28M	USD	Annual
Dividends paid on common shares	`PaymentsOfDividendsCommonStock`	$7.47M	USD	Annual
Dividends paid on common shares	`PaymentsOfDividendsCommonStock`	$8.90M	USD	Annual
Dividends paid on preferred shares	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$3.56M	USD	Annual
Dividends paid on preferred shares	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$6.64M	USD	Annual
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	-	USD	Annual
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-27.00K	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$28.74M	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$815.23M	USD	Annual
Net (decrease) increase in cash and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$92.71M	USD	Annual
Net (decrease) increase in cash and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-31.16M	USD	Annual
Cash and restricted cash at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$7.21M	USD	Point-in-time
Cash and restricted cash at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$99.92M	USD	Point-in-time
Cash and restricted cash at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$68.76M	USD	Point-in-time
Cash and restricted cash at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$7.21M	USD	Point-in-time
Cash and restricted cash at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$99.92M	USD	Point-in-time
Cash and restricted cash at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$68.76M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$14.98M	USD	Annual
Cash paid for interest	`InterestPaidNet`	$66.85M	USD	Annual
Cash paid for income taxes	`IncomeTaxesPaidNet`	$842.00K	USD	Annual
Cash paid for income taxes	`IncomeTaxesPaidNet`	$1.03M	USD	Annual
Director fees converted to common stock	`DirectorFeesConvertedToCommonStock`	$15.00K	USD	Annual
Director fees converted to common stock	`DirectorFeesConvertedToCommonStock`	$30.00K	USD	Annual
Issuance of preferred stock in lieu of cash preferred dividends payable	`StockIssued1`	-	USD	Annual
Issuance of preferred stock in lieu of cash preferred dividends payable	`StockIssued1`	$1.56M	USD	Annual

Stockholders Equity 31 line items

Line Item	Tag	Value	Unit	Period
Beginning balance (in shares)	`CommonStockSharesOutstanding`	16.57M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	16.38M	shares	Point-in-time
Beginning balance (in shares)	`PreferredStockSharesOutstanding`	3.22M	shares	Point-in-time
Beginning balance (in shares)	`PreferredStockSharesOutstanding`	3.25M	shares	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-21.66M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-41.88M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-159.18M	USD	Point-in-time
Net loss	`NetIncomeLoss`	$-126.19M	USD	Annual
Net loss	`NetIncomeLoss`	$-31.58M	USD	Annual
Issuance of common stock through exercise of warrants	`IssuanceOfCommonStockThroughExerciseOfWarrants`	$2.57M	USD	Annual
Issuance of common and preferred stock	`StockIssuedDuringPeriodValueNewIssues`	$694.00K	USD	Annual
Issuance of common and preferred stock	`StockIssuedDuringPeriodValueNewIssues`	$26.73M	USD	Annual
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.64M	USD	Annual
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$7.62M	USD	Annual
Dividends paid on common stock	`DividendsCommonStockCash`	$8.90M	USD	Annual
Dividends paid on common stock	`DividendsCommonStockCash`	$7.44M	USD	Annual
Dividends paid on Series B preferred stock	`DividendsPreferredStockCash`	$6.64M	USD	Annual
Dividends paid on Series B preferred stock	`DividendsPreferredStockCash`	$4.08M	USD	Annual
Exercise of Series B preferred stock put option	`AdjustmentsToAdditionalPaidInCapitalDecreaseDueToExerciseOfPutOption`	$4.11M	USD	Annual
Stock contracted for issue in payment of debt	`StockContractedForIssueInPaymentOfDebt`	$831.00K	USD	Annual
Issuance of common stock in connection with acquisition of LS GFG Holdings Inc.	`StockIssuedDuringPeriodValueAcquisitions`	$22.54M	USD	Annual
Stock dividend of Class B Shares	`DividendsCommonStockStock`	$25.00K	USD	Annual
Issuance costs related to common equity	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$315.00K	USD	Annual
Series A Preferred shares retired through issuance of Series B Preferred shares	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$10.75M	USD	Annual
Ending balance (in shares)	`CommonStockSharesOutstanding`	16.57M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	16.38M	shares	Point-in-time
Ending balance (in shares)	`PreferredStockSharesOutstanding`	3.22M	shares	Point-in-time
Ending balance (in shares)	`PreferredStockSharesOutstanding`	3.25M	shares	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-21.66M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-41.88M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-159.18M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.