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LEASES (Tables)
12 Months Ended
Dec. 31, 2022
LEASES  
Lease expense

 

 

Financial

Statement Classification

 

Year ended

December 31, 2022

 

 

Year ended December 25, 2021

 

Finance leases:

 

 

 

 

 

 

 

 

Amortization expense

 

SG&A Expense

 

$204

 

 

$100

 

Interest expense

 

Interest expense, net

 

 

44

 

 

 

17

 

 

 

 

 

$248

 

 

$117

 

Operating leases:

 

 

 

 

 

 

 

 

 

 

Operating costs

 

Operating costs

 

 

491

 

 

 

507

 

Selling, general and administrative expenses

 

SG&A Expense

 

 

2,218

 

 

 

1,728

 

 

 

 

 

$2,709

 

 

$2,235

 

Total lease expense

 

 

 

$2,957

 

 

$2,352

 

Supplemental balance sheet information related to leases

 

 

Financial

Statement Classification

 

December 31,

2022

 

 

December 25,

2021

 

ROU Assets:

 

 

 

 

 

 

 

 

Operating leases

 

Right of Use asset

 

$8,072

 

 

$4,251

 

Finance leases

 

Property and equipment, net

 

 

761

 

 

 

979

 

Total ROU Assets:

 

 

 

$8,833

 

 

$5,230

 

 

 

 

 

 

 

 

 

 

 

 

Lease liabilities:

 

 

 

 

 

 

 

 

 

 

Current liabilities

 

 

 

 

 

 

 

 

 

 

Operating leases

 

Current portion of leases

 

$1,638

 

 

$1,153

 

Finance leases

 

Current portion of leases

 

 

211

 

 

 

236

 

Noncurrent Liabilities:

 

 

 

 

 

 

 

 

 

 

Operating leases

 

Long Term Leases

 

 

6,669

 

 

 

3,269

 

Finance leases

 

Long Term Leases

 

 

548

 

 

 

743

 

Total lease liabilities

 

 

 

$9,066

 

 

$5,401

 

Weighted average remaining lease term and weighted average discount rate

 

 

December 31,

2022

 

 

December 25,

2021

 

Weighted average remaining lease term (years)

 

 

 

 

 

 

Operating leases

 

 

7.3

 

 

 

4.8

 

Finance leases

 

 

3.7

 

 

 

4.4

 

Weighted average discount rate

 

 

 

 

 

 

 

 

Operating leases

 

 

11.0%

 

 

0.8%

Finance leases

 

 

8.2%

 

 

2.1%
Maturities of operating lease liabilities

 

 

Operating

leases

 

 

Finance

leases

 

 

Total

 

 

 

 

 

 

 

 

 

 

 

2023

 

 

1,836

 

 

 

240

 

 

 

2,076

 

2024

 

 

1,323

 

 

 

223

 

 

 

1,546

 

2025

 

 

1,140

 

 

 

188

 

 

 

1,328

 

2026

 

 

919

 

 

 

158

 

 

 

1,077

 

2027 and thereafter

 

 

4,113

 

 

 

15

 

 

 

4,128

 

Total lease payments

 

 

9,331

 

 

 

824

 

 

 

10,155

 

Less: imputed interest

 

 

(1,024 )

 

 

(65 )

 

 

(1,089 )

Total lease liabilities

 

$8,307

 

 

$759

 

 

$9,066