NATHANS FAMOUS, INC.

Annual Trend FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Cash and cash equivalents $56.9m $57.3m $75.4m $77.1m $81.1m $50.1m $29.9m $21.0m $27.8m $24.4m
Accounts and other receivables, net (Note D) $8.9m $10.5m $10.2m $11.1m $11.7m $13.4m $15.1m $14.7m $14.1m $19.8m
Inventories $579k $384k $535k $378k $624k $522k $539k $842k $1.2m $891k
Prepaid expenses and other current assets (Note E) $1.1m $2.9m $1.0m $1.2m $1.3m $1.4m $1.9m $2.2m $2.0m $2.0m
Total current assets $67.5m $71.7m $87.2m $89.8m $94.7m $65.4m $47.4m $38.8m $45.1m $47.1m
Property and equipment, net of accumulated depreciation of $12,225 and $12,295, respectively (Note F) $8.8m $6.6m $4.9m $4.6m $4.1m $3.8m $3.3m $2.7m $2.1m $1.7m
Goodwill $95k $95k $95k $95k $95k $95k $95k $95k $95k $95k
Intangible asset, net $1.4m $1.4m $1.4m $1.3m $1.2m $1.0m $869k $695k $522k $348k
Operating lease right-of-use assets, net (Note K) $9.2m $8.3m $7.4m $6.4m $6.2m $5.0m $3.7m
Other assets $298k $293k $465k $343k $328k $195k $168k $141k $113k $85k
Deferred income taxes (Note H) $814k $302k $343k $9k $0 $582k $375k $275k $510k $598k
Accrued expenses and other current liabilities (Note G) $5.9m $11.2m $9.4m $9.3m $8.5m $7.8m $8.1m $7.6m $6.0m $6.5m
Current portion of operating lease liabilities (Note K) $1.6m $1.8m $1.8m $1.8m $1.9m $1.9m $1.9m
Deferred franchise fees $821k $238k $2.7m $1.7m $1.5m $1.7m $1.3m $899k $697k $509k
Long-term portion of operating lease liabilities (Note K) $8.5m $7.6m $6.5m $5.4m $4.9m $3.5m $2.0m
Other liabilities $1.6m $1.6m $1.4m $696k $774k $674k $737k $810k $927k $717k
Total stockholders’ deficit ($66.5m) ($84.6m) ($70.1m) ($66.4m) ($62.5m) ($55.0m) ($44.6m) ($32.9m) ($16.5m) ($14.2m)
Total assets $78.1m $80.1m $94.3m $105.3m $108.8m $78.5m $58.6m $48.9m $53.5m $53.7m
Total liabilities and stockholders’ deficit $78.1m $80.1m $94.3m $105.3m $108.8m $78.5m $58.6m $48.9m $53.5m $53.7m
Current portion of long-term debt (Note J) $0 $2.4m $2.4m
Accounts payable $4.8m $6.6m $5.2m $3.5m $4.0m $6.4m $6.5m $5.7m $6.2m $7.9m
Total current liabilities $10.8m $18.0m $14.9m $14.6m $14.6m $16.4m $16.7m $15.6m $16.8m $18.9m
Long-term debt, net of unamortized debt issuance costs of $257 and $327, respectively (Note J) $131.5m $144.8m $145.4m $146.1m $146.8m $108.2m $79.0m $59.6m $48.1m $45.7m
Total liabilities $144.6m $164.7m $164.4m $171.7m $171.3m $133.5m $103.2m $81.8m $70.0m $67.9m
Common stock, $.01 par value; 30,000,000 shares authorized; 9,383,920 and 9,379,025 shares issued; and 4,094,405 and 4,089,510 shares outstanding at March 29, 2026 and March 30, 2025, respectively 93k 93k 93k 94k 94k 94k 94k 94k 94k 94k
Additional paid-in capital $60.6m $60.8m $60.9m $62.1m $62.2m $62.3m $62.6m $62.9m $63.5m $64.2m
Retained earnings ($49.9m) ($68.2m) ($52.9m) ($45.4m) ($40.0m) ($32.6m) ($20.6m) ($9.3m) $6.6m $8.2m
Stockholders’ equity before treasury stock $10.8m ($7.3m) $8.2m $16.9m $22.3m $29.8m $42.1m $53.7m $70.1m $72.4m
Treasury stock, at cost, 5,289,515 shares at March 29, 2026 and March 30, 2025 ($84.8m) ($86.7m) ($86.7m) ($86.7m) ($86.7m)