The ONE Group Hospitality, Inc. Quarterly report [Sections 13 or 15(d)]

Accrued Expenses

3 Months Ended

Mar. 30, 2025

Note 5 – Accrued Expenses

Accrued expenses consist of the following (in thousands):


	March 30,		December 31,
	2025		2024
VAT and sales taxes		9,744		10,120
Interest		6,325		6,681
Amounts due to landlords		5,113		5,339
New restaurant construction		4,943		6,923
Insurance		4,158		4,388
Legal, professional and other services		1,952		1,692
Income taxes and related		363		471
Other⁽¹⁾		12,694		12,725
Total	$	45,292	$	48,339

(1)	Amount primarily relates to recurring restaurant operating expenses.