Potbelly Corporation (PBPB) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
111 N. CANAL CHICAGO, IL 60606 |
| State of Incorp. | |
| 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)Annual | Quarterly
| 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 33,788 | 30,938 | 34,261 | 25,596 | 15,619 | 9,506 | |||
| Cash and cash equivalents | 33,788 | 30,938 | 34,261 | 25,596 | 15,619 | 9,506 | |||
| Receivables | 7,960 | 7,897 | 8,275 | 7,259 | 6,420 | 8,317 | |||
| Inventory, net of allowances, customer advances and progress billings | 3,516 | 3,585 | 3,534 | 3,541 | 3,990 | 3,660 | |||
| Inventory | 3,516 | 3,585 | 3,534 | 3,541 | 3,990 | 3,660 | |||
| Disposal group, including discontinued operation | |||||||||
| Other undisclosed current assets | 7,828 | 5,637 | 6,347 | 5,570 | 4,501 | 4,225 | |||
| Total current assets: | 53,092 | 48,057 | 52,417 | 41,966 | 30,530 | 25,708 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 144,390 | 148,336 | 151,328 | 156,809 | 160,891 | 162,086 | |||
| Property, plant and equipment | 45,087 | 45,148 | 43,485 | 42,543 | 44,477 | 44,665 | |||
| Intangible assets, net (including goodwill) | 5,460 | 5,526 | 5,526 | 5,526 | 5,626 | 5,626 | |||
| Goodwill | 2,056 | 2,122 | 2,122 | 2,122 | 2,222 | 2,222 | |||
| Intangible assets, net (excluding goodwill) | 3,404 | 3,404 | 3,404 | 3,404 | 3,404 | 3,404 | |||
| Restricted cash and investments | 749 | 749 | 749 | 749 | |||||
| Other undisclosed noncurrent assets | 3,682 | 3,465 | 3,368 | 3,296 | 3,647 | 3,470 | |||
| Total noncurrent assets: | 199,368 | 203,224 | 204,456 | 208,923 | 214,641 | 215,847 | |||
| TOTAL ASSETS: | 252,460 | 251,281 | 256,873 | 250,889 | 245,171 | 241,555 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 45,304 | 41,068 | 45,390 | 37,277 | 41,544 | 38,536 | |||
| Accounts payable | 9,927 | 8,955 | 9,754 | 10,412 | 10,718 | 10,229 | |||
| Accrued liabilities | 35,377 | 32,113 | 35,636 | 26,865 | 30,826 | 28,307 | |||
| Deferred revenue | 8,028 | 6,279 | 6,626 | 6,553 | 7,008 | 6,146 | |||
| Debt | 1,250 | 1,250 | 1,250 | ||||||
| Other undisclosed current liabilities | 17,746 | 21,257 | 20,909 | 20,726 | 20,387 | 21,920 | |||
| Total current liabilities: | 71,078 | 69,854 | 74,175 | 65,806 | 68,939 | 66,602 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 19,168 | 20,918 | 21,108 | 21,297 | 8,550 | 172,201 | |||
| Long-term debt, excluding current maturities | 19,168 | 20,918 | 21,108 | 21,297 | 8,550 | 10,100 | |||
| Liabilities, other than long-term debt | 148,120 | 150,850 | 154,389 | 159,430 | 163,409 | 1,843 | |||
| Other liabilities | 6,070 | 4,436 | 4,223 | 3,002 | 2,441 | 1,843 | |||
| Operating lease, liability | 142,050 | 146,414 | 150,166 | 156,428 | 160,968 | 162,101 | |||
| Other undisclosed noncurrent liabilities | 1 | ||||||||
| Total noncurrent liabilities: | 167,289 | 171,768 | 175,497 | 180,727 | 171,959 | 174,044 | |||
| Total liabilities: | 238,367 | 241,622 | 249,672 | 246,533 | 240,898 | 240,646 | |||
| Equity | |||||||||
| Equity, attributable to parent | 14,693 | 9,981 | 7,435 | 4,589 | 4,477 | 1,060 | |||
| Common stock | 389 | 389 | 389 | 386 | 384 | 384 | |||
| Treasury stock, value | (116,701) | (116,638) | (116,497) | (115,725) | (115,388) | (115,331) | |||
| Additional paid in capital | 462,583 | 460,543 | 459,351 | 457,918 | 455,831 | 455,012 | |||
| Accumulated deficit | (333,797) | (336,532) | (338,027) | (340,243) | (338,916) | (341,571) | |||
| Warrants and rights outstanding | 2,219 | 2,219 | 2,219 | 2,253 | 2,566 | 2,566 | |||
| Equity, attributable to noncontrolling interest | (600) | (322) | (234) | (233) | (204) | (151) | |||
| Total equity: | 14,093 | 9,659 | 7,201 | 4,356 | 4,273 | 909 | |||
| TOTAL LIABILITIES AND EQUITY: | 252,460 | 251,281 | 256,873 | 250,889 | 245,171 | 241,555 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 125,749 | 120,768 | 126,623 | 118,270 | 120,150 | 117,649 | ||
| Gross profit: | 125,749 | 120,768 | 126,623 | 118,270 | 120,150 | 117,649 | ||
| Operating expenses | (121,524) | (118,137) | (123,279) | (118,463) | (116,905) | (118,354) | ||
| Operating income (loss): | 4,225 | 2,631 | 3,344 | (193) | 3,245 | (705) | ||
| Interest and debt expense | (750) | (853) | (1,011) | (906) | (312) | 9,837 | ||
| Income (loss) from continuing operations before income taxes: | 3,475 | 1,778 | 2,333 | (1,099) | 2,933 | 9,132 | ||
| Income tax expense (benefit) | (723) | (129) | 48 | (105) | (179) | 4 | ||
| Income (loss) from continuing operations: | 2,752 | 1,649 | 2,381 | (1,204) | 2,754 | 9,136 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 9,136 | |
| Net income (loss): | 2,752 | 1,649 | 2,381 | (1,204) | 2,754 | 9,136 | ||
| Net loss attributable to noncontrolling interest | (16) | (154) | (165) | (123) | (99) | (107) | ||
| Net income (loss) available to common stockholders, diluted: | 2,736 | 1,495 | 2,216 | (1,327) | 2,655 | 9,029 | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 2,752 | 1,649 | 2,381 | (1,204) | 2,754 | 9,136 | ||
| Comprehensive income (loss): | 2,752 | 1,649 | 2,381 | (1,204) | 2,754 | 9,136 | ||
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (16) | (154) | (165) | (123) | (99) | (107) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 2,736 | 1,495 | 2,216 | (1,327) | 2,655 | 9,029 | ||
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.