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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2020
Sep. 24, 2019
CURRENT ASSETS:    
Cash and cash equivalents $ 4,056 $ 2,745
Receivables, net of allowance for doubtful accounts of $0 699 810
Prepaid expenses and other 585 220
Inventories 1,078 1,128
Notes receivable 12 12
Total current assets 6,430 4,915
PROPERTY AND EQUIPMENT:    
Land and building 4,752 4,787
Leasehold improvements 33,044 32,393
Fixtures and equipment 28,355 27,597
Total property and equipment 66,151 64,777
Less accumulated depreciation and amortization (35,663) (29,100)
Total net property and equipment 30,488 35,677
OTHER ASSETS:    
Operating lease right-of-use assets, net 50,898
Notes receivable, net of current portion 7 13
Deposits and other assets 216 199
Trademarks 3,900 3,900
Other intangibles, net 31 51
Goodwill 5,150 15,150
Total other assets 60,202 19,313
TOTAL ASSETS: 97,120 59,905
CURRENT LIABILITIES:    
Current maturities of long-term debt 16,750
Accounts payable 3,096 3,774
Deferred income 79 79
Operating lease liabilities, current 4,634
Other accrued liabilities 3,397 5,375
Total current liabilities 27,956 9,228
LONG-TERM LIABILITIES:    
Maturities of long-term debt due after one year 12,850
Operating lease liabilities, net of current portion 55,589
Deferred and other liabilities 286 8,907
Total long-term liabilities 55,875 21,757
Good Times Restaurants Inc. stockholders' equity:    
Preferred stock, $.01 par value; 5,000,000 shares authorized, no shares issued and outstanding as of 03/31/20 and 9/24/19
Common stock, $.001 par value; 50,000,000 shares authorized, 12,591,028 and 12,541,082 shares issued and outstanding as of 03/31/20 and 09/24/19, respectively 13 13
Capital contributed in excess of par value 58,085 57,936
Treasury stock-at cost-shares 43,110 and 0, respectively (75)
Accumulated deficit (46,278) (30,551)
Total Good Times Restaurants Inc. stockholders' equity 11,745 27,398
Non-controlling interests 1,544 1,522
Total stockholders' equity 13,289 28,920
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 97,120 $ 59,905