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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 29, 2021
Sep. 29, 2020
CURRENT ASSETS:    
Cash and cash equivalents $ 10,301 $ 11,454
Receivables, net of allowance for doubtful accounts of $0 377 656
Prepaid expenses and other 488 275
Inventories 1,195 1,093
Notes receivable 13
Total current assets 12,361 13,491
PROPERTY AND EQUIPMENT:    
Land and building 4,704 4,704
Leasehold improvements 34,435 33,280
Fixtures and equipment 29,936 28,593
Total property and equipment 69,075 66,577
Less accumulated depreciation and amortization (41,786) (38,908)
Total net property and equipment 27,289 27,669
OTHER ASSETS:    
Operating lease right-of-use assets, net 46,678 49,252
Deposits and other assets 225 209
Trademarks 3,900 3,900
Other intangibles, net 10 22
Goodwill 5,150 5,150
Total other assets 55,963 58,533
TOTAL ASSETS: 95,613 99,693
CURRENT LIABILITIES:    
Current maturities of long-term debt 6,242
Accounts payable 2,163 2,581
Deferred income 65 69
Operating lease liabilities, current 4,857 4,689
Other accrued liabilities 6,491 5,055
Total current liabilities 13,576 18,636
LONG-TERM LIABILITIES:    
Maturities of long-term debt due after one year 10,903
Operating lease liabilities, net of current portion 50,698 53,731
Deferred and other liabilities 234 1,440
Total long-term liabilities 50,932 66,074
Good Times Restaurants Inc. stockholders' equity:    
Preferred stock, $.01 par value; 5,000,000 shares authorized, no shares issued and outstanding as of 6/29/21 and 9/29/20
Common stock, $.001 par value; 50,000,000 shares authorized, 12,830,879 and 12,612,852 shares issued and outstanding as of 6/29/21 and 9/29/20, respectively 13 13
Capital contributed in excess of par value 58,953 58,219
Treasury stock-at cost; 43,110 shares (75) (75)
Accumulated deficit (28,934) (44,467)
Total Good Times Restaurants Inc. stockholders' equity 29,957 13,690
Non-controlling interests 1,148 1,293
Total stockholders' equity 31,105 14,983
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 95,613 $ 99,693