XML 17 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Balance Sheets (USD $)
Mar. 31, 2013
Sep. 30, 2012
CURRENT ASSETS:    
Cash and cash equivalents $ 1,413,000 $ 616,000
Preferred stock sale receivable   1,500,000
Assets held for sale   1,380,000
Receivables, net of allowance for doubtful accounts of $0 134,000 145,000
Prepaid expenses and other 319,000 53,000
Inventories 179,000 159,000
Notes receivable 2,000 5,000
Total current assets 2,047,000 3,858,000
PROPERTY, EQUIPMENT AND CAPITAL LEASES    
Land and building 4,710,000 4,887,000
Leasehold improvements 3,211,000 3,241,000
Fixtures and equipment 7,562,000 7,369,000
Property, Plant and Equipment, Gross, Total 15,483,000 15,497,000
Less accumulated depreciation and amortization (12,573,000) (12,415,000)
Property, Plant and Equipment, Net, Total 2,910,000 3,082,000
OTHER ASSETS:    
Notes receivable, net of current portion 15,000 15,000
Goodwill 96,000  
Deposits and other assets 15,000 106,000
Other Assets, Noncurrent, Total 126,000 121,000
TOTAL ASSETS 5,083,000 7,061,000
CURRENT LIABILITIES:    
Current maturities of long-term debt and capital lease obligations, net of discount of $0 and $7,000, respectively 41,000 1,586,000
Accounts payable 610,000 493,000
Deferred income 30,000 75,000
Other accrued liabilities 1,042,000 856,000
Total current liabilities 1,723,000 3,010,000
LONG-TERM LIABILITIES:    
Capital lease obligations due after one year 88,000 102,000
Long-term debt due after one year 29,000 37,000
Deferred and other liabilities 653,000 652,000
Total long-term liabilities 770,000 791,000
Good Times Restaurants Inc stockholders' equity:    
Preferred stock, $.001 par value; 5,000,000 shares authorized, 355,451 issued and outstanding as of March 31, 2013 and September 30, 2012 (liquidation preference $1,500,000) 1,000 1,000
Common stock, $.001 par value; 50,000,000 shares authorized, 2,726,214 shares issued and outstanding as of March 31, 2013 and September 30, 2012 3,000 3,000
Capital contributed in excess of par value 21,558,000 21,510,000
Accumulated deficit (19,182,000) (18,457,000)
Total Good Times Restaurants Inc stockholders' equity 2,380,000 3,057,000
Non-controlling interest in partnerships 210,000 203,000
Total stockholders' equity 2,590,000 3,260,000
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 5,083,000 $ 7,061,000