Flanigan's Enterprises Inc 2024年度报告

FORM 10-K ☒ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended September 27, 2025 or ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to ____________ Commission File Number001-06836 FLANIGAN’S ENTERPRISES, INC.(Exact name of registrant as specified in its charter) (Registrant’s Telephone Number, Including Area Code) Securities registered pursuant to Section 12(b) of the Act: Name of each exchange on whichregistered Securities registered pursuant to Section 12(g) of the Act: None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes☐No☒ Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes☐No☒ Indicate by check mark whether the registrant (1) has filed all reports required to be filed by section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the Registrant was required to file such reports)and (2) has been subject to such filing requirements for the past 90 days. Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that theregistrant was required to submit such files). Yes☒No☐ 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,” “smallerreporting company” and “emerging growth company” in Rule 12b-2 of the Exchange Act. 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 the effectivenessof its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registeredpublic accounting firm that prepared or issued its annual report.☐ 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-basedcompensation 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 Rule 12b-2 of the Act).Yes☐No☒ As of March 28, 2025, the last business day of the registrant’s most recently completed second fiscal quarter, the aggregate marketvalue of the voting stock held by non-affiliates of the registrant was approximately $21,031,000 (based on the closing price of thecommon stock as reported on the NYSE AMERICAN of $24.99 per share). As of December 18, 2025 there were 1,858,647 shares of the registrant’s Common Stock, $0.10 par value, outstanding. DOCUMENTS INCORPORATED BY REFERENCE Information required by Part III (Items 10, 11, 12, 13 and 14) hereof is incorporated by reference to portions of the Registrant’s ProxyStatement for the 2026 Annual Meeting of Shareholders which will be filed with the Securities and Exchange Commission no laterthan 120 days after the end of the registrant’s fiscal year covered by this report. TABLE OF CONTENTS PART IItem 1Business1Item 1ARisk Factors11Item 1BUnresolved Staff Comments21Item 1CCybersecurity21Item 2Properties22Item 3Legal Proceedings28Item 4Mine Safety Disclosures28PART IIItem 5Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of EquitySecurities29Item 6Reserved29Item 7Management’s Discussion and Analysis of Financial Condition and Results of Operations29Item 7AQuantitative and Qualitative Disclosures About Market Risk37Item 8Financial Statements and Supplementary Data37Item 9Changes in and Disagreements with Accountants on Accounting and Financial Disclosure37Item 9AControls and Procedures38Item 9BOther Information39Item 9CDisclosure Regarding Foreign Jurisdictions that Prevent Inspections39PART IIIItem 10Directors, Executive Officers and Corporate Governance40Item 11Executive Compensation40Item 12Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters40Item 13Certain Relationships and Related Transactions, and Director Indepe