The ONE Group Hospitality, Inc. Annual report [Section 13 and 15(d), not S-K Item 405]

Accrued Expenses

12 Months Ended

Dec. 28, 2025

Note 5 – Accrued Expenses

Accrued expenses consist of the following (in thousands):


	December 28,		December 31,
	2025		2024
VAT and sales taxes	$	10,572	$	10,120
Interest		6,053		6,681
Amounts due to landlords		4,507		5,339
Insurance		4,130		4,388
New restaurant construction		3,521		6,923
Legal, professional and other services		2,196		1,692
Lease termination		462		—
Income taxes		449		471
Other ⁽¹⁾		14,466		12,725
Total	$	46,356	$	48,339

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