Good Times Restaurants Inc.

Good Times Restaurants Inc., a Nevada corporation formed on October 6, 1996, operates two distinct restaurant concepts: Bad Daddy's Burger Bar and Good Times Burgers & Frozen Custard. Bad Daddy's operates in the full-service dining segment as a specialty burger bar, while Good Times operates in the quick-service restaurant segment, focusing on all-natural burgers, fries, and frozen custard through a drive-thru model. Through its wholly owned subsidiaries, the company currently owns and operates or licenses thirty-eight Bad Daddy's restaurants across seven states. Specifically, there are fourteen Bad Daddy's restaurants in North Carolina, nine in Colorado, four in Georgia, four in South Carolina, three in Alabama, two in Tennessee, and one in Oklahoma. An additional Bad Daddy's restaurant in the Charlotte Douglas International Airport is owned and operated by a third-party licensee. The company also owns and operates or franchises thirty Good Times restaurants. Twenty-eight of these are located in Colorado. The remaining two Good Times restaurants are in Wyoming and are dual-brand concept restaurants operated by a franchisee who also operates Taco John's. The company's fiscal year is a 52/53-week year, ending on the last Tuesday of September. Fiscal year 2025 ended on September 30, 2025, and covered 53 full calendar weeks.