Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 18,334 $ 35,232
Accounts receivable, net 7,442 3,629
Inventories 20,872 16,041
Prepaid expenses and other current assets 6,377 2,186
Total current assets 53,025 57,088
Property and equipment, net 31,114 14,714
Identifiable intangibles, net 167 191
Restricted cash   400
Other 2,776 149
Total assets 87,082 72,542
Current liabilities:    
Accounts payable 17,387 11,527
Accrued liabilities 22,233 16,063
Deferred revenue and gift card liability 7,334 4,615
Current maturities of long-term debt, net 11,979 866
Current maturities of capital lease obligations 85 469
Total current liabilities 59,018 33,540
Non-current liabilities:    
Long-term debt, net 22,712 12,170
Capital lease obligations, net of current maturities 228 727
Other non-current liabilities 334  
Total non-current liabilities 23,274 12,897
Total liabilities 82,292 46,437
Commitments and Contingencies
Series A preferred equity, less issuance costs (151,406 and 150,000 units authorized, issued and outstanding as of December 31, 2021 and 2020, respectively) 154,281 128,983
Members' deficit (18,769 Class A units and 73,890 Class B units authorized, issued and outstanding as of December 31, 2021 and 2020) (149,491) (102,878)
Total liabilities, Series A preferred units and members' deficit $ 87,082 $ 72,542