Lucky Strike Entertainment Corp - 2026年季度报告

Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during thepreceding 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 Indicate by check mark whether the registrant has submitted electronically and posted on its corporate web site, if any, every Interactive Data File required to besubmitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitionsof “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act. (Check one): If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revisedfinancial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Table of Contents Part I - Financial Information Part II - Other Information Item 1.Legal ProceedingsItem 1A.Risk FactorsItem 2.Unregistered Sales of Equity Securities and Use of ProceedsItem 6.Exhibits and Financial Statement Schedules Lucky Strike Entertainment CorporationCondensed Consolidated Statements of Comprehensive (Loss) Income Note 1Description of Business and Significant Accounting Policies9Note 2Business Acquisitions12Note 3Goodwill and Other Intangible Assets12 Lucky Strike Entertainment CorporationNotes to Condensed Consolidated Financial Statements(In thousands, except share and per share data) (1) Description of Business and Significant Accounting Policies Lucky Strike Entertainment Corporation, a Delaware corporation, and its subsidiaries (referred to herein as, the “Company”,“Lucky Strike Entertainment”, “Lucky Strike”, “we,” “us” and “our”) is one of the world’s premier operators of location-based The Company operates location-based entertainment venues under different brand names. Our AMF and Bowl America brandedlocations are traditional bowling locations, while the Lucky Strike and Bowlero branded locations offer a more upscale entertainmentconcept with lounge seating, enhanced food and beverage offerings, and more robust customer service for individuals and groupevents. The Company also operates other forms of location-based entertainment, such as Octane Raceway, Raging Waves water park,Shipwreck Island water park, Big Kahuna’s water park, Wet ‘n Wild Emerald Pointe water park, Castle Park and Boomers Parks. All Basis of Presentation:The accompanying unaudited condensed consolidated financial statements have been prepared inaccordance with U.S. generally accepted accounting principles (“GAAP”) for interim financial information and the rules andregulations of the Securities and Exchange Commission (“SEC”). Accordingly, certain information and footnote disclosures normallyincluded in the annual financial statements prepared in accordance with GAAP have been condensed or omitted. In the opinion of Principles of Consolidation:The condensed consolidated financial statements and related notes include the accounts of LuckyStrike and the subsidiaries it controls. Control is determined based on ownership rights or, when applicable, based on whether theCompany is considered to be the primary beneficiary of a variable interest entity. We use the equity method to account for investmentsin which we have the ability to exercise significant influence over the investee’s operating and financial policies, or in which we hold a Segment Reporting:We manage our business activities on a consolidated basis and operate as a single operating segment:Location-based entertainment. The Company’s Chief Executive Officer, Thomas Shannon, is the Company’s chief operating decisionmaker (“CODM”). The CODM reviews the financial information presented on a consolidated basis since the Company provides its As a result, the CODM assesses performance and allocates resources based on net income (loss), as reported on our condensedconsolidated statements of operations. The CODM manages and evaluates the results of the business in a consolidated manner to drivesynergies and develop uniform strategies. Accordingly, key components and processes of the Company’s operations are centrallymanaged, including location acquisitions and development, customer service, marketing, human resources, finance and accounting, Use of Estimates:The preparation of the condensed consolidated financial statements in conformity with GAAP requiresmanagement to make estimates and assumptions that affect the amounts reported in the balance sheets, statements of operations andaccompanying notes. Significant estimates made by management