Risk Factors Update Summary
- Incurred operating losses and may not be profitable in the future. This change indicates financial instability.
- Plans to maintain and increase liquidity. This suggests a focus on financial health and growth.
- Limited number of restaurants may not be profitable. This highlights potential financial risks.
- New restaurants' sales performance may not follow historical patterns. This poses uncertainty in revenue generation.
- Changes in consumer preferences and supply costs could impact operations. This indicates potential financial challenges.
- Negative publicity could affect other restaurants. This highlights reputation risks impacting revenue.
- Failure to obtain and maintain required licenses could impact operations. This poses regulatory risks.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=1898604&owner=exclude
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