恋上餐厅 2026年季度报告

FORM 10-Q (Mark One) QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGEACT OF 1934 For the quarterly period ended December 30, 2025 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934Commission File Number: 0-18590 Good Times Restaurants Inc.(Exact Name of Registrant as Specified in Its Charter) 651 CORPORATE CIRCLE, GOLDEN, CO80401(Address of Principal Executive Offices, Including Zip Code)(303) 384-1400(Registrant's Telephone Number, Including Area Code) Securities registered pursuant to Section 12(b) of the Act:Title of each classTrading Symbol(s) 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. Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, everyInteractive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (orfor such shorter period that the registrant was required to submit and post such files). 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, indicated 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 is a shell company (as defined in Rule 12b-2 of the Exchange Act). As of January 27, 2026, there were 10,557,896 shares of the Registrant's common stock, par value $0.001 per share, issued andoutstanding. PART I - FINANCIAL INFORMATION Item 1.Financial Statements3Condensed Consolidated Balance Sheets (unaudited) – December 30, 2025 and September 30, 20253Condensed Consolidated Statements of Operations (unaudited) for the fiscal quarters ended December30, 2025 and December 31, 20244Condensed Consolidated Statements of Shareholders’ Equity (unaudited) for the fiscal year-to-dateperiods ended December 30, 2025 and December 31, 20245Condensed Consolidated Statements of Cash Flows (unaudited) for the fiscal year-to-date periods endedDecember 30, 2025 and December 31, 20246Notes to Condensed Consolidated Financial Statements (unaudited)7Item 2.Management's Discussion and Analysis of Financial Condition and Results of Operations15Item 3.Quantitative and Qualitative Disclosures About Market Risk21Item 4.Controls and Procedures21PART II - OTHER INFORMATIONItem 1.Legal Proceedings22Item 1A.Risk Factors22Item 2.Unregistered Sales of Equity Securities and Use of Proceeds22Item 3.Defaults Upon Senior Securities22Item 4.Mine Safety Disclosures23Item 5.Other Information23Item 6.Exhibits23SIGNATURES24CERTIFICATIONS Good Times Restaurants Inc. and SubsidiariesCondensed Consolidated Balance Sheets (Unaudited)(In thousands, except share and per share data) December 30, 2025September 30, 2025 Good Times Restaurants Inc. and SubsidiariesCondensed Consolidated Statements of Operations (Unaudited)(In thousands except share and per share data) Good Times Restaurants Inc. and SubsidiariesCondensed Consolidated Statements of Cash Flows (Unaudited)(In thousands) Fiscal Year to DateDecember 30, 2025(13 Weeks)December 31, 2024(14 Weeks) GOOD TIMES RESTAURANTS INC. AND SUBSIDIARIESNOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Unaudited)(Tabular dollar amounts in thousands, except share and per share data) Note 1.Basis of Presentation The accompanying unaudited condensed consolidated financial statements include the accounts of Good Times Restaurants Inc. (the“Company”) and its wholly owned subsidiaries as well as one partnership in which the Company is the general partner. All significantintercompany balances and transactions have been eliminated in consolidation. The Company owns a 50% interest in a limited partnership which owns six Good Times restaurants, is the sole general partner, andreceives a management fee from the partnership. Because the Company exercises complete management control over all decisions forthe partnership, except for certain veto rights, the financial statements of the partnership are consolidated into the Company’sconsolidated financial statements. The Company operates and licenses full-service restaurants under the brandBad Daddy’s Burger Bar(“Bad Daddy’s”) that areprimarily located in Colorado and in the Southeast region of the United States. The Company