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

Quarterly report [Sections 13 or 15(d)]

Accrued Expenses

Accrued Expenses

6 Months Ended

Jun. 28, 2026

Accrued Expenses

Accrued Expenses

Note 4 – Accrued Expenses

Accrued expenses consist of the following (in thousands):


		June 28,			December 28,
		2026			2025
VAT, sales and property taxes			9,404			10,572
Interest			5,983			6,053
Amounts due to landlords			4,640			4,507
New restaurant construction			2,859			3,521
Insurance			2,271			4,130
Legal, professional and other services			1,463			2,196
Lease termination			663			462
Income taxes			—			449
Other⁽¹⁾			11,209			14,466
Total		$	38,492		$	46,356

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