BBQ Holdings, Inc. (BBQ) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
12701 WHITEWATER DRIVE MINNETONKA, MN 55343 |
| State of Incorp. | MN |
| Fiscal Year End | December 31 |
| Industry (SIC) | 5812 - Eating Places (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 6/30/2022 MRQ | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 40,309 | 18,101 | 5,325 | 11,598 | 8,836 | 4,450 | |||
| Cash and cash equivalents | 40,309 | 18,101 | 5,325 | 11,598 | 8,836 | 4,450 | |||
| Receivables | 5,476 | 4,823 | 4,379 | 4,300 | 3,768 | 5,257 | |||
| Inventory, net of allowances, customer advances and progress billings | 3,316 | 2,271 | 1,346 | 722 | 633 | 1,499 | |||
| Inventory | 3,316 | 2,271 | 1,346 | 722 | 633 | 1,499 | |||
| Prepaid expense | 1,641 | 264 | 377 | 689 | |||||
| Disposal group, including discontinued operation | 1,070 | 2,842 | 475 | 1 | |||||
| Intangible current assets | 37 | ||||||||
| Other undisclosed current assets | 3,430 | 2,754 | 2,117 | 2,205 | 2,383 | 5,208 | |||
| Total current assets: | 54,172 | 29,019 | 16,273 | 19,202 | 16,784 | 16,452 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 78,843 | 61,634 | 25,962 | ✕ | ✕ | ✕ | |||
| Property, plant and equipment | 39,943 | 32,389 | 19,756 | 10,385 | 11,442 | 25,912 | |||
| Intangible assets, net (including goodwill), including: | 23,444 | 10,568 | 2,853 | 1,489 | 1,840 | 2,602 | |||
| Goodwill | 3,037 | 601 | 640 | 61 | |||||
| Intangible assets, net (excluding goodwill) | 23,444 | 9,967 | 2,213 | 635 | 1,840 | 2,602 | |||
| Other undisclosed intangible assets, net (including goodwill) | (3,037) | 793 | |||||||
| Deferred income tax assets | 3,692 | 4,934 | 6,646 | ✕ | ✕ | ✕ | |||
| Other noncurrent assets | 1,292 | 1,724 | 1,591 | 1,533 | 1,018 | 1,383 | |||
| Deferred tax assets, net | ✕ | ✕ | ✕ | ✕ | 5,747 | 5,823 | |||
| Other undisclosed noncurrent assets | 3,037 | 4,596 | |||||||
| Total noncurrent assets: | 150,251 | 111,249 | 56,808 | 19,154 | 20,123 | 34,493 | |||
| TOTAL ASSETS: | 204,423 | 140,268 | 73,081 | 38,356 | 36,907 | 50,945 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 14,782 | 8,775 | 6,661 | 4,573 | 5,910 | 6,632 | |||
| Employee-related liabilities | 7,121 | 2,390 | 2,694 | 808 | 1,545 | 1,321 | |||
| Accounts payable | 7,661 | 6,385 | 3,967 | 3,765 | 4,365 | 5,311 | |||
| Deferred revenue | 11,257 | ✕ | ✕ | ✕ | |||||
| Debt | 1,594 | 2,111 | 616 | 1,369 | 1,307 | 1,371 | |||
| Other liabilities | 8,510 | 9,766 | 4,975 | 2,970 | 3,118 | 3,140 | |||
| Other undisclosed current liabilities | 11,931 | 6,185 | 4,230 | ||||||
| Total current liabilities: | 48,074 | 26,837 | 16,482 | 8,912 | 10,335 | 11,143 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 91,005 | 85,274 | 33,215 | 2,411 | 9,128 | 11,129 | |||
| Long-term debt, excluding current maturities | 13,197 | 22,169 | 6,258 | 2,411 | 7,932 | 8,849 | |||
| Capital lease obligations | ✕ | ✕ | ✕ | ✕ | 1,196 | 2,280 | |||
| Finance lease, liability | 79 | ✕ | ✕ | ✕ | |||||
| Liabilities, other than long-term debt, including: | 997 | 1,224 | 1,610 | 4,492 | 3,963 | 8,705 | |||
| Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | ✕ | 2,463 | 7,802 | ||
| Accounts payable and accrued liabilities | 216 | 441 | 730 | 497 | |||||
| Deferred revenue | 1,165 | ✕ | ✕ | ✕ | |||||
| Contract with customer, liability | ✕ | ✕ | ✕ | ✕ | 1,791 | ✕ | ✕ | ||
| Deferred compensation liability, classified | 220 | 193 | 122 | 142 | |||||
| Deferred rent credit | 1,787 | ✕ | ✕ | ||||||
| Asset retirement obligations | 3 | 16 | 119 | 119 | |||||
| Liability for uncertainty in income taxes | 6 | 10 | 15 | ||||||
| Restructuring reserve | 254 | 514 | |||||||
| Other liabilities | 997 | 1,224 | |||||||
| Operating lease, liability | 77,729 | 63,105 | 26,957 | ✕ | ✕ | ✕ | |||
| Other undisclosed liabilities, other than long-term debt | 145 | ||||||||
| Total noncurrent liabilities: | 92,002 | 86,498 | 34,825 | 6,903 | 13,091 | 19,834 | |||
| Total liabilities: | 140,076 | 113,335 | 51,307 | 15,815 | 23,426 | 30,977 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 65,278 | 28,211 | 22,372 | 22,541 | 13,481 | 19,968 | |||
| Additional paid in capital | 21,782 | 8,748 | 7,856 | 7,375 | 1,460 | ||||
| Deferred compensation equity | (27) | ||||||||
| Retained earnings | 43,391 | 19,370 | 14,423 | 15,075 | 11,951 | 19,902 | |||
| Other undisclosed equity, attributable to parent | 105 | 93 | 93 | 91 | 70 | 93 | |||
| Equity, attributable to noncontrolling interest | (931) | (1,278) | (598) | ||||||
| Total equity: | 64,347 | 26,933 | 21,774 | 22,541 | 13,481 | 19,968 | |||
| TOTAL LIABILITIES AND EQUITY: | 204,423 | 140,268 | 73,081 | 38,356 | 36,907 | 50,945 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2022 TTM | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 206,442 | 121,437 | 82,269 | 54,888 | 64,595 | 99,179 | ||
| Revenue, net | ✕ | ✕ | ✕ | ✕ | ✕ | 63,641 | 98,176 | |
| Cost of revenue | (120,392) | (79,739) | (48,670) | (26,307) | (38,664) | (59,933) | ||
| Cost of goods and services sold | (115,266) | (71,095) | (46,106) | (25,636) | (32,435) | (25,256) | ||
| Gross profit: | 86,050 | 41,698 | 33,599 | 28,581 | 25,931 | 39,246 | ||
| Operating expenses | (77,720) | (52,863) | (35,226) | (22,619) | (32,734) | (43,336) | ||
| Operating income (loss): | 8,330 | (11,165) | (1,627) | 5,962 | (6,803) | (4,090) | ||
| Nonoperating income (expense) | 16,699 | 12,595 | (279) | (371) | (721) | (852) | ||
| Investment income, nonoperating | 2,995 | 13,246 | ||||||
| Other nonoperating expense | (82) | (852) | ||||||
| Interest and debt expense | 14,109 | (805) | (494) | (493) | (661) | (855) | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | 39,138 | 625 | (2,400) | 5,098 | (8,185) | (5,797) | ||
| Other undisclosed income (loss) from continuing operations before income taxes | (14,109) | 805 | 494 | 493 | 661 | 855 | ||
| Income (loss) from continuing operations before income taxes: | 25,029 | 1,430 | (1,906) | 5,591 | (7,524) | (4,942) | ||
| Income tax expense (benefit) | (661) | 2,837 | 659 | (729) | 858 | 2,000 | ||
| Income (loss) from continuing operations: | 24,368 | 4,267 | (1,247) | 4,862 | (6,666) | (2,942) | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | 24,368 | 4,267 | (1,247) | 4,862 | (8,123) | (2,431) | |
| Income (loss) from discontinued operations | (1,457) | 511 | ||||||
| Net income (loss): | 24,368 | 4,267 | (1,247) | 4,862 | (8,123) | (2,431) | ||
| Net income (loss) attributable to noncontrolling interest | (347) | 680 | 598 | |||||
| Net income (loss) available to common stockholders, diluted: | 24,021 | 4,947 | (649) | 4,862 | (8,123) | (2,431) | ||
Comprehensive Income ($ in thousands)
| 6/30/2022 TTM | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 24,368 | 4,267 | (1,247) | 4,862 | (8,123) | (2,431) | ||
| Comprehensive income (loss): | 24,368 | 4,267 | (1,247) | 4,862 | (8,123) | (2,431) | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (347) | 680 | 598 | |||||
| Comprehensive income (loss), net of tax, attributable to parent: | 24,021 | 4,947 | (649) | 4,862 | (8,123) | (2,431) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.