Ark Restaurants Corp 2024年度报告

Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of theSecurities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulations S-T during the preceding 12 months (or for such shorter period that the registrant was required to Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant has filed a report on and attestation to its management's assessment of theeffectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of theregistrant included in the filing reflect the correction of an error to previously issued financial statements.☐ Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of the registrant's executive officers during the relevant recovery period pursuant to §240.10D-1(b).☐ Indicate by check mark whether the registrant is a shell company (as defined in Exchange Act Rule 12b-2). Yes☐No☒ As of March29, 2025, the last business day of the registrant’s most recently completed second fiscal quarter, the aggregatemarket value of voting and non-voting common equity held by non-affiliates of the registrant was $21,909,042. At December12, 2025, there were outstanding 3,606,157 shares of the registrant’s Common Stock, $0.01 par value. DOCUMENTS INCORPORATED BY REFERENCE Certain information required by Part III hereof will either be incorporated into this Form 10-K by reference to the registrant’sdefinitive proxy statement for the registrant’s Annual Meeting of Stockholders filed within 120 days of September27, 2025 or will be PART I SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS On one or more occasions, we may make statements in this Annual Report on Form 10-K regarding our assumptions, projections,expectations, targets, intentions or beliefs about future events. All statements, other than statements of historical facts, included orincorporated by reference herein relating to management’s current expectations of future financial performance, continued growth and Words or phrases such as “anticipates,” “believes,” “estimates,” “expects,” “intends,” “plans,” “predicts,” “projects,” “targets,” “willlikely result,” “hopes,” “will continue” or similar expressions identify forward-looking statements. Forward-looking statementsinvolve risks and uncertainties which could cause actual results or outcomes to differ materially from those expressed. We caution thatwhile we make such statements in good faith and we believe such statements are based on reasonable assumptions, including withoutlimitation, management’s examination of historical operating trends, data contained in records and other data available from thirdparties, we cannot assure you that our projections will be achieved. Factors that may cause such differences include: economic While we believe that our assumptions are reasonable, we caution that it is very difficult to predict the impact of known factors, and itis impossible for us to anticipate all factors that could affect our actual results. All forward-looking statements are expressly qualifiedin their entirety by these cautionary statements. You should evaluate all forward-looking statements made in this report in the context •the adverse impact of the current political climate and current and future economic conditions, including inflation, on our: (i)operating results, cash flows and financial condition, (ii) ability to comply with the terms and covenants of our debtagreements, (iii) ability to pay or refinance our existing debt or to obtain additional financing, and (iv) projected cash flows •increases in food, beverage and supply costs, especially for seafood, shellfish, chicken and beef; •increases in wages and benefit costs, including the cost of group medical insurance; •our ability to open new restaurants in new and existing markets, including difficulty in finding sites and in negotiatingacceptable leases; •our ability to identify appropriate acquisition candidates and complete such acq