2022 Q2 Form 10-Q Financial Statement

#000162828022019834 Filed on July 29, 2022

View on sec.gov

Income Statement

Concept 2022 Q2 2021 Q4 2021 Q2
Revenue $102.8M $74.19M $8.300M
YoY Change 1138.55% 1041.35% 166.88%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $32.44M $36.80M $6.464M
YoY Change 401.81% 417.64% 36.95%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $6.711M $5.407M $386.0K
YoY Change 1638.6% 1218.78% 42.96%
% of Gross Profit
Operating Expenses $88.99M $73.67M $7.094M
YoY Change 1154.5% 936.13% 50.62%
Operating Profit $13.20M $1.127M
YoY Change 1071.52%
Interest Expense -$23.71M -$16.39M -$2.670M
YoY Change 788.13% 905.71% -634.0%
% of Operating Profit -179.6% -236.91%
Other Income/Expense, Net -$21.64M $561.0K -$9.050M
YoY Change 139.14% -247.63% 18000.0%
Pretax Income -$8.439M -$19.82M -$7.923M
YoY Change 6.51% 98.99% 48.37%
Income Tax -$300.0K -$234.0K -$2.000M
% Of Pretax Income
Net Earnings -$8.188M -$19.60M -$5.926M
YoY Change 38.17% 155.59% 39.44%
Net Earnings / Revenue -7.96% -26.42% -71.4%
Basic Earnings Per Share -$0.50 -$0.48
Diluted Earnings Per Share -$0.50 -$1.200M -$0.48
COMMON SHARES
Basic Shares Outstanding 16.41M shares 12.28M shares
Diluted Shares Outstanding 16.41M shares 12.28M shares

Balance Sheet

Concept 2022 Q2 2021 Q4 2021 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $15.50M $56.66M $48.12M
YoY Change -67.79% 1352.72% 2730.82%
Cash & Equivalents $51.42M $99.92M $54.02M
Short-Term Investments
Other Short-Term Assets $12.68M $11.85M $14.32M
YoY Change -11.45% 401.18% 151.18%
Inventory $5.927M
Prepaid Expenses
Receivables $35.66M $19.56M $5.583M
Other Receivables $245.0K $231.0K $217.0K
Total Short-Term Assets $92.77M $118.5M $68.24M
YoY Change 35.94% 385.24% 575.65%
LONG-TERM ASSETS
Property, Plant & Equipment $83.50M $80.50M $4.913M
YoY Change 1599.57% 16566.67% 75.46%
Goodwill $296.5M $295.1M
YoY Change 2605.36%
Intangibles $646.9M $652.8M
YoY Change 1268.24%
Long-Term Investments
YoY Change
Other Assets $2.986M $2.534M $37.78M
YoY Change -92.1% 339.93% 703.72%
Total Long-Term Assets $1.140B $1.152B $100.9M
YoY Change 1029.26% 1090.56% 24.91%
TOTAL ASSETS
Total Short-Term Assets $92.77M $118.5M $68.24M
Total Long-Term Assets $1.140B $1.152B $100.9M
Total Assets $1.232B $1.270B $169.2M
YoY Change 628.56% 948.37% 86.1%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $23.58M $27.53M $8.410M
YoY Change 180.43% 219.15% 16.81%
Accrued Expenses $45.60M $46.30M $25.62M
YoY Change 78.01% 133.42% 224.27%
Deferred Revenue $2.248M $2.636M
YoY Change 39.69%
Short-Term Debt $350.0K $1.173M $0.00
YoY Change
Long-Term Debt Due $900.0K $600.0K $913.0K
YoY Change -1.42% -96.89% 30.43%
Total Short-Term Liabilities $256.2M $198.5M $53.15M
YoY Change 382.01% 171.24% 150.71%
LONG-TERM LIABILITIES
Long-Term Debt $908.6M $904.3M $146.1M
YoY Change 521.73% 1124.48% 146.03%
Other Long-Term Liabilities $1.962M $976.0K $15.03M
YoY Change -86.95% 1090.24% 8.15%
Total Long-Term Liabilities $910.6M $905.3M $161.2M
YoY Change 464.96% 1124.44% 119.88%
TOTAL LIABILITIES
Total Short-Term Liabilities $256.2M $198.5M $53.15M
Total Long-Term Liabilities $910.6M $905.3M $161.2M
Total Liabilities $1.294B $1.227B $214.4M
YoY Change 503.32% 652.78% 126.9%
SHAREHOLDERS EQUITY
Retained Earnings -$84.40M -$52.48M
YoY Change 151.14%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$61.12M -$21.66M -$45.25M
YoY Change
Total Liabilities & Shareholders Equity $1.232B $1.270B $169.2M
YoY Change 628.56% 948.37% 86.1%

Cashflow Statement

Concept 2022 Q2 2021 Q4 2021 Q2
OPERATING ACTIVITIES
Net Income -$8.188M -$19.60M -$5.926M
YoY Change 38.17% 155.59% 39.44%
Depreciation, Depletion And Amortization $6.711M $5.407M $386.0K
YoY Change 1638.6% 1218.78% 42.96%
Cash From Operating Activities -$18.25M $4.688M -$3.682M
YoY Change 395.76% -257.85% 493.87%
INVESTING ACTIVITIES
Capital Expenditures -$4.217M -$8.761M -$688.0K
YoY Change 512.94% 3882.27% 2193.33%
Acquisitions
YoY Change
Other Investing Activities -$1.347M -$368.3M $1.479M
YoY Change -191.08% 11302.14% -151.53%
Cash From Investing Activities -$5.564M -$377.1M $791.0K
YoY Change -803.41% 10797.4% -127.09%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -5.299M 428.8M 52.00M
YoY Change -110.19% -69254.03% 3869.47%
NET CHANGE
Cash From Operating Activities -18.25M 4.688M -3.682M
Cash From Investing Activities -5.564M -377.1M 791.0K
Cash From Financing Activities -5.299M 428.8M 52.00M
Net Change In Cash -29.12M 56.39M 49.11M
YoY Change -159.29% -899.9% -2302.2%
FREE CASH FLOW
Cash From Operating Activities -$18.25M $4.688M -$3.682M
Capital Expenditures -$4.217M -$8.761M -$688.0K
Free Cash Flow -$14.04M $13.45M -$2.994M
YoY Change 368.84% -589.05% 407.46%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Amendment Flag
AmendmentFlag
false
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2022
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-25
dei Entity Registrant Name
EntityRegistrantName
fat Brands Inc.
dei Entity Central Index Key
EntityCentralIndexKey
0001705012
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2022-06-26
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
001-38250
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
82-1302696
dei Entity Address Address Line1
EntityAddressAddressLine1
9720 Wilshire Blvd.
dei Entity Address Address Line2
EntityAddressAddressLine2
Suite 500
dei Entity Address City Or Town
EntityAddressCityOrTown
Beverly Hills
dei Entity Address State Or Province
EntityAddressStateOrProvince
CA
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
90212
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
dei Entity Small Business
EntitySmallBusiness
true
CY2022Q2 us-gaap Allowance For Notes And Loans Receivable Current
AllowanceForNotesAndLoansReceivableCurrent
129000 usd
dei City Area Code
CityAreaCode
(310)
dei Local Phone Number
LocalPhoneNumber
319-1850
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2022Q2 us-gaap Cash
Cash
15502000 usd
CY2021Q4 us-gaap Cash
Cash
56656000 usd
CY2022Q2 us-gaap Restricted Cash Current
RestrictedCashCurrent
23396000 usd
CY2021Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
24740000 usd
CY2022Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
3311000 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
4016000 usd
CY2022Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
35659000 usd
CY2021Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
19555000 usd
CY2021Q4 us-gaap Allowance For Notes And Loans Receivable Current
AllowanceForNotesAndLoansReceivableCurrent
129000 usd
CY2021Q4 us-gaap Assets Held For Sale Not Part Of Disposal Group Current
AssetsHeldForSaleNotPartOfDisposalGroupCurrent
5476000 usd
CY2022Q2 us-gaap Other Assets Current
OtherAssetsCurrent
12678000 usd
CY2022Q2 us-gaap Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
245000 usd
CY2021Q4 us-gaap Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
231000 usd
CY2022Q2 us-gaap Assets Held For Sale Not Part Of Disposal Group Current
AssetsHeldForSaleNotPartOfDisposalGroupCurrent
5288000 usd
CY2021Q4 us-gaap Other Assets Current
OtherAssetsCurrent
11853000 usd
CY2022Q2 us-gaap Assets Current
AssetsCurrent
92768000 usd
CY2021Q4 us-gaap Assets Current
AssetsCurrent
118511000 usd
CY2022Q2 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
12526000 usd
CY2021Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
18525000 usd
CY2022Q2 us-gaap Allowance For Notes And Loans Receivable Noncurrent
AllowanceForNotesAndLoansReceivableNoncurrent
271000 usd
CY2021Q4 us-gaap Allowance For Notes And Loans Receivable Noncurrent
AllowanceForNotesAndLoansReceivableNoncurrent
271000 usd
CY2022Q2 us-gaap Notes And Loans Receivable Net Noncurrent
NotesAndLoansReceivableNetNoncurrent
1867000 usd
CY2021Q4 us-gaap Notes And Loans Receivable Net Noncurrent
NotesAndLoansReceivableNetNoncurrent
3493000 usd
CY2022Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
95497000 usd
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
98552000 usd
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
80501000 usd
CY2022Q2 us-gaap Goodwill
Goodwill
296485000 usd
CY2021Q4 us-gaap Goodwill
Goodwill
295128000 usd
CY2022Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
646908000 usd
CY2021Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
652788000 usd
CY2022Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
83455000 usd
CY2022Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
2986000 usd
CY2021Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
2534000 usd
CY2022Q2 us-gaap Assets
Assets
1232492000 usd
CY2021Q4 us-gaap Assets
Assets
1270032000 usd
CY2022Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
23584000 usd
CY2021Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
27527000 usd
CY2022Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
45601000 usd
CY2021Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
46295000 usd
CY2022Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
2248000 usd
CY2021Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
2636000 usd
CY2022Q2 us-gaap Accrued Advertising Current
AccruedAdvertisingCurrent
13835000 usd
CY2021Q4 us-gaap Accrued Advertising Current
AccruedAdvertisingCurrent
10853000 usd
CY2022Q2 us-gaap Interest Payable Current
InterestPayableCurrent
11723000 usd
CY2021Q4 us-gaap Interest Payable Current
InterestPayableCurrent
10678000 usd
CY2022Q2 fat Dividend Payable On Redeemable Preferred Shares
DividendPayableOnRedeemablePreferredShares
1565000 usd
CY2021Q4 fat Dividend Payable On Redeemable Preferred Shares
DividendPayableOnRedeemablePreferredShares
1574000 usd
CY2022Q2 us-gaap Liabilities Of Disposal Group Including Discontinued Operation
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
4601000 usd
CY2021Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
4780000 usd
CY2022Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
13890000 usd
CY2021Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
14341000 usd
CY2022Q2 fat Current Portion Of Preferred Shares Net
CurrentPortionOfPreferredSharesNet
135000000 usd
CY2021Q4 fat Current Portion Of Preferred Shares Net
CurrentPortionOfPreferredSharesNet
67500000 usd
CY2022Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
903000 usd
CY2021Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
631000 usd
CY2022Q2 fat Acquisition Purchase Price Payable Current
AcquisitionPurchasePricePayableCurrent
350000 usd
CY2021Q4 fat Acquisition Purchase Price Payable Current
AcquisitionPurchasePricePayableCurrent
1173000 usd
CY2022Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
2887000 usd
CY2021Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
10500000 usd
CY2022Q2 us-gaap Liabilities Current
LiabilitiesCurrent
256187000 usd
CY2021Q4 us-gaap Liabilities Current
LiabilitiesCurrent
198488000 usd
CY2022Q2 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
20008000 usd
CY2021Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
17662000 usd
CY2022Q2 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
16177000 usd
CY2021Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
12921000 usd
CY2022Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
90652000 usd
CY2021Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
92920000 usd
CY2022Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
908629000 usd
CY2021Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
904265000 usd
CY2022Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
1962000 usd
CY2021Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
976000 usd
CY2022Q2 us-gaap Liabilities
Liabilities
1293615000 usd
CY2021Q4 us-gaap Liabilities
Liabilities
1227232000 usd
CY2022Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2021Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2022Q2 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
0 usd
CY2021Q4 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
64455000 usd
CY2022Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2021Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2021Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
15000000 shares
CY2022Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
15000000 shares
CY2022Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
3221471 shares
CY2021Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
3221471 shares
CY2022Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
3221471 shares
CY2021Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
3221471 shares
CY2021Q4 us-gaap Preferred Stock Liquidation Preference
PreferredStockLiquidationPreference
25
CY2022Q2 us-gaap Preferred Stock Liquidation Preference
PreferredStockLiquidationPreference
25
CY2022Q2 us-gaap Preferred Stock Including Additional Paid In Capital
PreferredStockIncludingAdditionalPaidInCapital
48259000 usd
CY2021Q4 us-gaap Preferred Stock Including Additional Paid In Capital
PreferredStockIncludingAdditionalPaidInCapital
55661000 usd
CY2022Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2022Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
51600000 shares
CY2022Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
16402402 shares
CY2022Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
16402402 shares
CY2021Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2021Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
51600000 shares
CY2021Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
16380552 shares
CY2021Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
16380552 shares
CY2022Q2 us-gaap Common Stocks Including Additional Paid In Capital
CommonStocksIncludingAdditionalPaidInCapital
-24960000 usd
CY2021Q4 us-gaap Common Stocks Including Additional Paid In Capital
CommonStocksIncludingAdditionalPaidInCapital
-24837000 usd
CY2022Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-84422000 usd
CY2021Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-52479000 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
-61123000 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
-21655000 usd
CY2022Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1232492000 usd
CY2021Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1270032000 usd
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
102785000 usd
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
8282000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
200188000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
14931000 usd
CY2022Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
20841000 usd
CY2021Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
5097000 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
45437000 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
9624000 usd
CY2022Q2 fat Restaurant Operating Expenses
RestaurantOperatingExpenses
49846000 usd
CY2021Q2 fat Restaurant Operating Expenses
RestaurantOperatingExpenses
244000 usd
fat Restaurant Operating Expenses
RestaurantOperatingExpenses
104644000 usd
fat Restaurant Operating Expenses
RestaurantOperatingExpenses
244000 usd
CY2022Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
6711000 usd
CY2021Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
386000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
13181000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
784000 usd
CY2022Q2 fat Refranchising Gain Loss
RefranchisingGainLoss
-453000 usd
CY2021Q2 fat Refranchising Gain Loss
RefranchisingGainLoss
856000 usd
fat Refranchising Gain Loss
RefranchisingGainLoss
-1001000 usd
fat Refranchising Gain Loss
RefranchisingGainLoss
429000 usd
CY2022Q2 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
135000 usd
CY2021Q2 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
917000 usd
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
383000 usd
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
932000 usd
CY2022Q2 us-gaap Advertising Expense
AdvertisingExpense
11596000 usd
CY2021Q2 us-gaap Advertising Expense
AdvertisingExpense
1367000 usd
us-gaap Advertising Expense
AdvertisingExpense
21853000 usd
us-gaap Advertising Expense
AdvertisingExpense
2560000 usd
CY2022Q2 us-gaap Costs And Expenses
CostsAndExpenses
89582000 usd
CY2021Q2 us-gaap Costs And Expenses
CostsAndExpenses
7155000 usd
CY2021Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
1127000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
13689000 usd
us-gaap Costs And Expenses
CostsAndExpenses
186499000 usd
us-gaap Costs And Expenses
CostsAndExpenses
13715000 usd
CY2022Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
13203000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
1216000 usd
CY2022Q2 us-gaap Interest Expense Other
InterestExpenseOther
18998000 usd
CY2021Q2 us-gaap Interest Expense Other
InterestExpenseOther
2406000 usd
us-gaap Interest Expense Other
InterestExpenseOther
38026000 usd
us-gaap Interest Expense Other
InterestExpenseOther
4866000 usd
CY2022Q2 fat Interest Expense Related To Preferred Shares
InterestExpenseRelatedToPreferredShares
4715000 usd
CY2021Q2 fat Interest Expense Related To Preferred Shares
InterestExpenseRelatedToPreferredShares
264000 usd
fat Interest Expense Related To Preferred Shares
InterestExpenseRelatedToPreferredShares
6714000 usd
fat Interest Expense Related To Preferred Shares
InterestExpenseRelatedToPreferredShares
552000 usd
CY2022Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
CY2021Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-6405000 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-6405000 usd
CY2022Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
2071000 usd
CY2021Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
25000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
3381000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
123000 usd
CY2022Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-21642000 usd
CY2021Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-9050000 usd
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-41359000 usd
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-11700000 usd
CY2022Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-8439000 usd
CY2021Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-7923000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-27670000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-10484000 usd
CY2022Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-251000 usd
CY2021Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1992000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4273000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-2121000 usd
CY2022Q2 us-gaap Profit Loss
ProfitLoss
-8188000 usd
CY2021Q2 us-gaap Profit Loss
ProfitLoss
-5931000 usd
us-gaap Profit Loss
ProfitLoss
-31943000 usd
us-gaap Profit Loss
ProfitLoss
-8363000 usd
CY2022Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0 usd
CY2021Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-5000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-5000 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
-8188000 usd
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
-5926000 usd
us-gaap Net Income Loss
NetIncomeLoss
-31943000 usd
us-gaap Net Income Loss
NetIncomeLoss
-8358000 usd
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.50
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.50
CY2021Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.48
CY2021Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.48
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.95
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.95
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.69
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.69
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
16405108 shares
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
16405108 shares
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
12275370 shares
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
12275370 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
16396896 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
16396896 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
12122938 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
12122938 shares
CY2022Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.13
CY2021Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.13
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
4076000 usd
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
4263000 usd
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.26
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.26
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-21655000 usd
us-gaap Profit Loss
ProfitLoss
-31943000 usd
fat Stock Issued During Period Value Exercise Of Warrants
StockIssuedDuringPeriodValueExerciseOfWarrants
83000 usd
us-gaap Dividends Preferred Stock Stock
DividendsPreferredStockStock
3314000 usd
fat Adjustments To Additional Paid In Capital Decrease Due To Exercise Of Put Option
AdjustmentsToAdditionalPaidInCapitalDecreaseDueToExerciseOfPutOption
4107000 usd
CY2022Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-61123000 usd
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-41883000 usd
us-gaap Profit Loss
ProfitLoss
-8363000 usd
fat Stock Issued During Period Value Exercise Of Warrants
StockIssuedDuringPeriodValueExerciseOfWarrants
1383000 usd
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
8281000 usd
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
230000 usd
us-gaap Adjustments To Additional Paid In Capital Other
AdjustmentsToAdditionalPaidInCapitalOther
-1451000 usd
fat Stock Contracted For Issue In Payment Of Debt
StockContractedForIssueInPaymentOfDebt
816000 usd
fat Sale Of Interest In Operating Restaurant
SaleOfInterestInOperatingRestaurant
249000 usd
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
3197000 usd
us-gaap Dividends Preferred Stock Stock
DividendsPreferredStockStock
1220000 usd
CY2021Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-45155000 usd
CY2022Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-51106000 usd
CY2022Q2 us-gaap Profit Loss
ProfitLoss
-8188000 usd
CY2022Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1964000 usd
CY2022Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
2132000 usd
CY2022Q2 us-gaap Dividends Preferred Stock Stock
DividendsPreferredStockStock
1661000 usd
CY2022Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-61123000 usd
CY2021Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-45576000 usd
CY2021Q2 us-gaap Profit Loss
ProfitLoss
-5931000 usd
CY2021Q2 fat Stock Issued During Period Value Exercise Of Warrants
StockIssuedDuringPeriodValueExerciseOfWarrants
868000 usd
CY2021Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
8281000 usd
CY2021Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
193000 usd
CY2021Q2 us-gaap Adjustments To Additional Paid In Capital Other
AdjustmentsToAdditionalPaidInCapitalOther
-248000 usd
CY2021Q2 fat Stock Contracted For Issue In Payment Of Debt
StockContractedForIssueInPaymentOfDebt
816000 usd
CY2021Q2 fat Sale Of Interest In Operating Restaurant
SaleOfInterestInOperatingRestaurant
249000 usd
CY2021Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
3197000 usd
CY2021Q2 us-gaap Dividends Preferred Stock Stock
DividendsPreferredStockStock
610000 usd
CY2021Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-45155000 usd
us-gaap Profit Loss
ProfitLoss
-31943000 usd
us-gaap Profit Loss
ProfitLoss
-8363000 usd
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
3256000 usd
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-3003000 usd
fat Noncash Gain Loss On Extinguishment Of Debt
NoncashGainLossOnExtinguishmentOfDebt
0 usd
fat Noncash Gain Loss On Extinguishment Of Debt
NoncashGainLossOnExtinguishmentOfDebt
-4859000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
10645000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
784000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
4076000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
230000 usd
fat Accretion Of Preferred Shares1
AccretionOfPreferredShares1
0 usd
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
388000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-3924000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-395000 usd
fat Change In Operating Right Of Use Assets
ChangeInOperatingRightOfUseAssets
3241000 usd
fat Change In Operating Right Of Use Assets
ChangeInOperatingRightOfUseAssets
1065000 usd
fat Accretion Of Loan Fees And Interest1
AccretionOfLoanFeesAndInterest1
5787000 usd
fat Accretion Of Loan Fees And Interest1
AccretionOfLoanFeesAndInterest1
696000 usd
fat Accretion Of Preferred Shares1
AccretionOfPreferredShares1
47000 usd
fat Accretion Of Purchase Price Liability
AccretionOfPurchasePriceLiability
48000 usd
fat Accretion Of Purchase Price Liability
AccretionOfPurchasePriceLiability
20000 usd
us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
0 usd
us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
1119000 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
423000 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
23000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
16530000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
1395000 usd
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
825000 usd
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
783000 usd
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
1959000 usd
us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
483000 usd
us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
0 usd
us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
ProceedsFromDivestitureOfBusinessesNetOfCashDivested
0 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-1231000 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
2014000 usd
fat Increase Decrease In Accrued Advertising
IncreaseDecreaseInAccruedAdvertising
2985000 usd
fat Increase Decrease In Accrued Advertising
IncreaseDecreaseInAccruedAdvertising
-180000 usd
us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
-374000 usd
fat Increase Decrease Dividend Payable On Preferred Shares
IncreaseDecreaseDividendPayableOnPreferredShares
-9000 usd
fat Increase Decrease Dividend Payable On Preferred Shares
IncreaseDecreaseDividendPayableOnPreferredShares
533000 usd
us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
-6404000 usd
us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
21000 usd
us-gaap Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
3980000 usd
us-gaap Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
3431000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-27963000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-4932000 usd
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
2772000 usd
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 usd
us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
1647000 usd
us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
ProceedsFromDivestitureOfBusinessesNetOfCashDivested
1442000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
7987000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1258000 usd
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
192000 usd
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-37000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-9304000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
221000 usd
us-gaap Proceeds From Debt Net Of Issuance Costs
ProceedsFromDebtNetOfIssuanceCosts
704000 usd
us-gaap Proceeds From Debt Net Of Issuance Costs
ProceedsFromDebtNetOfIssuanceCosts
140789000 usd
us-gaap Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
510000 usd
us-gaap Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
92613000 usd
us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
0 usd
us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
8281000 usd
fat Repayment Of Change In Operating Lease Liabilities
RepaymentOfChangeInOperatingLeaseLiabilities
2864000 usd
fat Repayment Of Change In Operating Lease Liabilities
RepaymentOfChangeInOperatingLeaseLiabilities
798000 usd
us-gaap Payments Of Merger Related Costs Financing Activities
PaymentsOfMergerRelatedCostsFinancingActivities
0 usd
us-gaap Payments Of Merger Related Costs Financing Activities
PaymentsOfMergerRelatedCostsFinancingActivities
1075000 usd
us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
79000 usd
us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
1382000 usd
fat Payments Of Ordinary Dividends Temporary Equity
PaymentsOfOrdinaryDividendsTemporaryEquity
1062000 usd
fat Payments Of Ordinary Dividends Temporary Equity
PaymentsOfOrdinaryDividendsTemporaryEquity
0 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
4263000 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
3197000 usd
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
3314000 usd
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
1249000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-11230000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
51520000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-48497000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
46809000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
99921000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
7211000 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
51424000 usd
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
54020000 usd
us-gaap Interest Paid Net
InterestPaidNet
32430000 usd
us-gaap Interest Paid Net
InterestPaidNet
4619000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
447000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
400000 usd
fat Number Of Franchise Brands
NumberOfFranchiseBrands
17 franchise
CY2022Q2 us-gaap Number Of Stores
NumberOfStores
2354 location
fat Number Of Franchise Units Worldwide
NumberOfFranchiseUnitsWorldwide
2261 franchise
CY2022Q2 fat Percent Of Total Restaurants Franchised
PercentOfTotalRestaurantsFranchised
0.96
us-gaap Operating Income Loss
OperatingIncomeLoss
13700000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
1200000 usd
CY2022Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-84400000 usd
CY2022Q2 fat Working Capital
WorkingCapital
-163400000 usd
CY2022Q2 fat Current Portion Of Preferred Shares Net
CurrentPortionOfPreferredSharesNet
135000000 usd
CY2022Q2 us-gaap Cash
Cash
15500000 usd
CY2021Q4 us-gaap Assets Held For Sale Not Part Of Disposal Group Current
AssetsHeldForSaleNotPartOfDisposalGroupCurrent
5500000 usd
CY2022Q2 us-gaap Liabilities Of Disposal Group Including Discontinued Operation
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
4600000 usd
CY2021Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
4800000 usd
CY2022Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
92100000 usd
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
83400000 usd
fat Number Of Sales Channels
NumberOfSalesChannels
2 saleschannel
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
us-gaap Fiscal Period
FiscalPeriod
<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Fiscal year</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> – The Company operates on a 52-week calendar and its fiscal year ends on the last Sunday of the calendar year. Consistent with industry practice, the Company measures its stores’ performance based upon 7-day work weeks. Using the 52-week cycle ensures consistent weekly reporting for operations and ensures that each week has the same days since certain days are more profitable than others. The use of this fiscal year means a 53rd week is added to the fiscal year every 5 or 6 years. In a 52-week year, all four quarters are comprised of 13 weeks. In a 53-week year, one extra week is added to the fourth quarter.</span>
us-gaap Use Of Estimates
UseOfEstimates
<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Use of estimates in the preparation of the condensed consolidated financial statements</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> – The preparation of the condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.</span>
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
Financial statement reclassification – Certain account balances from prior periods have been reclassified in these condensed consolidated financial statements to conform to current period classifications.
CY2022Q2 fat Effective Income Tax Rate Reconciliation Tax Credit Employee Retention Amount
EffectiveIncomeTaxRateReconciliationTaxCreditEmployeeRetentionAmount
12600000 usd
CY2021Q2 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
93500000 usd
us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
171900000 usd
CY2021Q2 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
-4400000 usd
us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
-14300000 usd
CY2022Q2 us-gaap Disposal Group Including Discontinued Operation Property Plant And Equipment
DisposalGroupIncludingDiscontinuedOperationPropertyPlantAndEquipment
800000 usd
CY2021Q4 us-gaap Disposal Group Including Discontinued Operation Property Plant And Equipment
DisposalGroupIncludingDiscontinuedOperationPropertyPlantAndEquipment
800000 usd
CY2022Q2 fat Disposal Group Including Discontinued Operation Operating Lease Right Of Use Asset
DisposalGroupIncludingDiscontinuedOperationOperatingLeaseRightOfUseAsset
4500000 usd
CY2021Q4 fat Disposal Group Including Discontinued Operation Operating Lease Right Of Use Asset
DisposalGroupIncludingDiscontinuedOperationOperatingLeaseRightOfUseAsset
4700000 usd
CY2022Q2 us-gaap Assets Held For Sale Not Part Of Disposal Group Current
AssetsHeldForSaleNotPartOfDisposalGroupCurrent
5300000 usd
CY2022Q2 us-gaap Accounts And Notes Receivable Net
AccountsAndNotesReceivableNet
500000 usd
CY2021Q4 us-gaap Accounts And Notes Receivable Net
AccountsAndNotesReceivableNet
500000 usd
CY2020Q4 fat Trade Notes Receivable Reserves
TradeNotesReceivableReserves
400000 usd
CY2022Q2 fat Trade Notes Receivable Reserves
TradeNotesReceivableReserves
400000 usd
CY2022Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
8600000 usd
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
2900000 usd
CY2022Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
83500000 usd
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
80500000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
175600000 usd
CY2021Q4 us-gaap Goodwill Gross
GoodwillGross
295100000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
7400000 usd
us-gaap Finitelived Intangible Assets Acquired1
FinitelivedIntangibleAssetsAcquired1
1800000 usd
us-gaap Finite Lived Intangible Assets Purchase Accounting Adjustments
FiniteLivedIntangibleAssetsPurchaseAccountingAdjustments
-300000 usd
us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
1400000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
169700000 usd
CY2022Q2 us-gaap Goodwill Gross
GoodwillGross
296500000 usd
CY2022Q2 us-gaap Operating Lease Expense
OperatingLeaseExpense
4800000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
185200000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
15500000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
169700000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
183700000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
8100000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
175600000 usd
CY2022Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
646900000 usd
CY2021Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
652800000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
7600000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
15000000.0 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
14700000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
14500000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
14500000 usd
CY2021Q2 us-gaap Operating Lease Expense
OperatingLeaseExpense
700000 usd
CY2022Q2 fat Finite Lived Intangible Asset Expected Amortization After Year Four
FiniteLivedIntangibleAssetExpectedAmortizationAfterYearFour
103400000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
169700000 usd
CY2022Q2 fat Deferred Franchise Fees
DeferredFranchiseFees
22000000.0 usd
CY2021Q4 fat Deferred Franchise Fees
DeferredFranchiseFees
19800000 usd
CY2022Q2 fat Deferred Royalties
DeferredRoyalties
100000 usd
CY2021Q4 fat Deferred Royalties
DeferredRoyalties
200000 usd
CY2022Q2 fat Deferred Advertising Revenue
DeferredAdvertisingRevenue
200000 usd
CY2021Q4 fat Deferred Advertising Revenue
DeferredAdvertisingRevenue
300000 usd
CY2022Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
22300000 usd
CY2021Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
20300000 usd
us-gaap Operating Lease Expense
OperatingLeaseExpense
9300000 usd
us-gaap Operating Lease Expense
OperatingLeaseExpense
1500000 usd
CY2021Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
600000 usd
CY2022Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-300000 usd
CY2021Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-2000000.0 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4300000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-2100000 usd
CY2022Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.030
CY2021Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.251
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.154
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.202
CY2022Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.030
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.154
CY2022Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
13900000 usd
CY2022Q2 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
945500000 usd
CY2022Q2 us-gaap Long Term Debt
LongTermDebt
909500000 usd
CY2021Q4 us-gaap Long Term Debt
LongTermDebt
904900000 usd
CY2022Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
900000 usd
CY2022Q2 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
945500000 usd
CY2022Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
908600000 usd
CY2021Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
904300000 usd
us-gaap Debt Instrument Interest Rate Increase Decrease
DebtInstrumentInterestRateIncreaseDecrease
0.010
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
P3Y
fat Stock Issued During Period Value Exercise Of Warrants
StockIssuedDuringPeriodValueExerciseOfWarrants
100000 usd
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
102800000 usd
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
8300000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
200200000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
14900000 usd

Files In Submission

Name View Source Status
0001628280-22-019834-index-headers.html Edgar Link pending
0001628280-22-019834-index.html Edgar Link pending
0001628280-22-019834.txt Edgar Link pending
0001628280-22-019834-xbrl.zip Edgar Link pending
fat-20220626.htm Edgar Link pending
fat-20220626.xsd Edgar Link pending
fat-20220626x10xqexx311.htm Edgar Link pending
fat-20220626x10xqexx312.htm Edgar Link pending
fat-20220626x10xqexx321.htm Edgar Link pending
fat-20220626_cal.xml Edgar Link unprocessable
fat-20220626_def.xml Edgar Link unprocessable
fat-20220626_g1.jpg Edgar Link pending
fat-20220626_htm.xml Edgar Link completed
fat-20220626_lab.xml Edgar Link unprocessable
fat-20220626_pre.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending