GTIM on Nasdaq
Good Times Restaurants Inc.
Annual principal maturities over the next five years are approximately $35,000 each year.4 From its latest annual report
Price unavailable
Last updated Oct 19, 2026.
Overview
Compare with Nathan's Famous, ARK RESTAURANTS CORP or FLANIGANS ENTERPRISES INC, or pick any stock.
- TickerGTIM on Nasdaq1
- IndustryRetail-Eating Places1
- HeadquartersGolden, Colorado1
- Incorporated inNV3
- Business address651 Corporate Circle, Suite 200, Golden, Co 804013
- Filer categoryNon-accelerated filer, Smaller reporting company3
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Annual principal maturities over the next five years are approximately $35,000 each year.4 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
0.2%Operating margin2
0.7%Net margin2
-0.5%Revenue growth, 20252
3.1%Return on equity2
0.07×Debt to equity2
-$1.5MFree cash flow2
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Restaurant Sales brought in 99% of the revenue Good Times Restaurants Inc. broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2024 | 2025 |
|---|---|---|
| Restaurant Sales | $141.6M | $140.6M |
| Franchise And Other Revenues | $825.0K | $1.0M |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Other costs99¢$139.8M
- Income tax1¢$824.0K
- Profit1¢$1.0M
Out of $141.6M in revenue.2
Where each dollar of operating cash went, fiscal 2025
- Capital spending89¢$3.1M
- Share buybacks11¢$391.0K
Out of $1.6M of cash from operations. Spending exceeded cash from operations; the rest came from savings or borrowing.2
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.2
| Period ending | 2025-09-30 | 2024-09-30 |
|---|---|---|
| Total net revenues | $141.6M | $142.4M |
| Food and packaging costs | $43.9M | $43.7M |
| Payroll and other employee benefit costs | $49.3M | $48.7M |
| Restaurant occupancy costs | $10.2M | $10.1M |
| Other restaurant operating costs | $20.7M | $20.3M |
| Preopening costs | $8.0K | |
| Depreciation and amortization | $4.0M | $3.8M |
| Total restaurant operating costs | $128.1M | $126.5M |
| General and administrative costs | $9.7M | $10.6M |
| Advertising costs | $3.3M | $3.5M |
| Impairment of long-lived assets | $627.0K | $698.0K |
| (Gain) loss on lease terminations and asset disposals | -$469.0K | $2.0K |
| Litigation Contingencies | -$332.0K | |
| INCOME FROM OPERATIONS | $330.0K | $1.4M |
| Interest expense | -$196.0K | -$125.0K |
| Other income | $140.0K | |
| Total other income (expenses) | -$56.0K | -$125.0K |
| NET INCOME BEFORE INCOME TAXES | $274.0K | $1.3M |
| Provision for income taxes | $824.0K | $624.0K |
| NET INCOME | $1.1M | $1.9M |
| Income attributable to non-controlling interests | -$74.0K | -$266.0K |
| NET INCOME ATTRIBUTABLE TO COMMON SHAREHOLDERS | $1.0M | $1.6M |
| Basic (in Dollars per share) | $0.10 | $0.15 |
| Diluted (in Dollars per share) | $0.10 | $0.14 |
| Basic (in Shares) | 10.6M shares | 11.0M shares |
| Diluted (in Shares) | 10.7M shares | 11.1M shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 3 fiscal years (annual) or 3 quarters (quarterly), latest first.2
| Period ending | 2025-09-30 | 2024-09-30 | 2023-09-30 |
|---|---|---|---|
| Cash and cash equivalents | $2.6M | $3.9M | $4.2M |
| Inventories | $1.4M | $1.4M | |
| Receivables | $795.0K | $890.0K | |
| Prepaid expenses and other | $466.0K | $395.0K | |
| Total current assets | $5.3M | $6.6M | |
| Land and land improvements | $1.1M | $1.1M | |
| Buildings | $4.8M | $5.0M | |
| Leasehold improvements | $38.2M | $39.6M | |
| Fixtures and equipment | $29.8M | $34.8M | |
| Total property and equipment, at cost | $73.9M | $80.5M | |
| Less accumulated depreciation and amortization | -$52.1M | -$57.7M | |
| Total net property and equipment | $21.9M | $22.8M | |
| Operating lease right-of-use assets, net | $33.6M | $35.7M | |
| Deferred tax assets, net | $13.0M | $12.2M | |
| Deposits and other assets | $423.0K | $273.0K | |
| Trademarks | $3.9M | $3.9M | |
| Goodwill | $5.7M | $5.7M | |
| Total other assets | $56.7M | $57.8M | |
| TOTAL ASSETS: | $83.8M | $87.1M | |
| Current maturities of long-term debt | $32.0K | $30.0K | |
| Accounts payable | $2.6M | $3.1M | |
| Operating lease liabilities, current | $6.3M | $6.2M | |
| Other accrued liabilities | $5.5M | $6.4M | |
| Total current liabilities | $14.4M | $15.7M | |
| Maturities of long-term debt, net of current portion | $2.3M | $842.0K | |
| Operating lease liabilities, net of current portion | $33.2M | $37.4M | |
| Deferred and other liabilities | $83.0K | $105.0K | |
| Total long-term liabilities | $35.6M | $38.3M | |
| Common stock, $.001 par value; 50,000,000 shares authorized, 12,977,433 issued; 10,549,508 and 10,712,367 shares outstanding as of September 30, 2025 and September 24, 2024, respectively | $13.0K | $13.0K | |
| Capital contributed in excess of par value | $56.9M | $56.8M | |
| Treasury stock, at cost; 2,427,925 and 2,265,066 shares as of September 30, 2025 and September 24, 2024, respectively | -$7.2M | -$6.9M | |
| Accumulated deficit | -$16.6M | -$17.6M | |
| Total Good Times Restaurants Inc. shareholders' equity | $33.1M | $32.4M | |
| Non-controlling interests | $753.0K | $717.0K | |
| Total shareholders equity | $33.8M | $33.1M | $33.0M |
| TOTAL LIABILITIES AND SHAREHOLDERS EQUITY | $83.8M | $87.1M | |
| Preferred stock, par value (in Dollars per share) | $0.01 | $0.01 | |
| Preferred stock, shares authorized (in Shares) | 5.0M shares | 5.0M shares | |
| Preferred stock, outstanding (in Shares) | 0 shares | 0 shares | |
| Preferred stock, issued (in Shares) | 0 shares | 0 shares | |
| Common stock, par value (in Dollars per share) | $0.00 | $0.00 | |
| Common stock, shares authorized (in Shares) | 50.0M shares | 50.0M shares | |
| Common stock, shares issued (in Shares) | 13.0M shares | 13.0M shares | |
| Common stock, shares outstanding (in Shares) | 10.5M shares | 10.7M shares | |
| Treasury stock at cost, shares (in Shares) | 2.4M shares | 2.3M shares |
| Period ending | 2025-09-30 | 2024-09-30 | 2023-09-30 |
|---|---|---|---|
| Cash and cash equivalents | $2.6M | $3.9M | $4.2M |
| Inventories | $1.4M | $1.4M | |
| Receivables | $795.0K | $890.0K | |
| Prepaid expenses and other | $466.0K | $395.0K | |
| Total current assets | $5.3M | $6.6M | |
| Land and land improvements | $1.1M | $1.1M | |
| Buildings | $4.8M | $5.0M | |
| Leasehold improvements | $38.2M | $39.6M | |
| Fixtures and equipment | $29.8M | $34.8M | |
| Total property and equipment, at cost | $73.9M | $80.5M | |
| Less accumulated depreciation and amortization | -$52.1M | -$57.7M | |
| Total net property and equipment | $21.9M | $22.8M | |
| Operating lease right-of-use assets, net | $33.6M | $35.7M | |
| Deferred tax assets, net | $13.0M | $12.2M | |
| Deposits and other assets | $423.0K | $273.0K | |
| Trademarks | $3.9M | $3.9M | |
| Goodwill | $5.7M | $5.7M | |
| Total other assets | $56.7M | $57.8M | |
| TOTAL ASSETS: | $83.8M | $87.1M | |
| Current maturities of long-term debt | $32.0K | $30.0K | |
| Accounts payable | $2.6M | $3.1M | |
| Operating lease liabilities, current | $6.3M | $6.2M | |
| Other accrued liabilities | $5.5M | $6.4M | |
| Total current liabilities | $14.4M | $15.7M | |
| Maturities of long-term debt, net of current portion | $2.3M | $842.0K | |
| Operating lease liabilities, net of current portion | $33.2M | $37.4M | |
| Deferred and other liabilities | $83.0K | $105.0K | |
| Total long-term liabilities | $35.6M | $38.3M | |
| Common stock, $.001 par value; 50,000,000 shares authorized, 12,977,433 issued; 10,549,508 and 10,712,367 shares outstanding as of September 30, 2025 and September 24, 2024, respectively | $13.0K | $13.0K | |
| Capital contributed in excess of par value | $56.9M | $56.8M | |
| Treasury stock, at cost; 2,427,925 and 2,265,066 shares as of September 30, 2025 and September 24, 2024, respectively | -$7.2M | -$6.9M | |
| Accumulated deficit | -$16.6M | -$17.6M | |
| Total Good Times Restaurants Inc. shareholders' equity | $33.1M | $32.4M | |
| Non-controlling interests | $753.0K | $717.0K | |
| Total shareholders equity | $33.8M | $33.1M | $33.0M |
| TOTAL LIABILITIES AND SHAREHOLDERS EQUITY | $83.8M | $87.1M | |
| Preferred stock, par value (in Dollars per share) | $0.01 | $0.01 | |
| Preferred stock, shares authorized (in Shares) | 5.0M shares | 5.0M shares | |
| Preferred stock, outstanding (in Shares) | 0 shares | 0 shares | |
| Preferred stock, issued (in Shares) | 0 shares | 0 shares | |
| Common stock, par value (in Dollars per share) | $0.00 | $0.00 | |
| Common stock, shares authorized (in Shares) | 50.0M shares | 50.0M shares | |
| Common stock, shares issued (in Shares) | 13.0M shares | 13.0M shares | |
| Common stock, shares outstanding (in Shares) | 10.5M shares | 10.7M shares | |
| Treasury stock at cost, shares (in Shares) | 2.4M shares | 2.3M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.2
| Period ending | 2025-09-30 | 2024-09-30 |
|---|---|---|
| Net Income | $1.1M | $1.9M |
| Depreciation and amortization | $4.0M | $3.8M |
| Net change in ROU assets and operating lease liabilities | -$1.3M | -$856.0K |
| (Gain) on lease terminations | -$813.0K | |
| Recognition of deferred gain on sale of restaurant building | -$13.0K | -$38.0K |
| Loss on asset disposals | $115.0K | $29.0K |
| Impairment of long-lived assets | $627.0K | $698.0K |
| Stock-based compensation expense | $112.0K | $134.0K |
| Provision for income taxes | -$824.0K | -$624.0K |
| Receivables and prepaids | $17.0K | -$355.0K |
| Inventories | $52.0K | |
| Deposits and other assets | -$157.0K | $35.0K |
| Accounts payable | -$404.0K | $449.0K |
| Deferred liabilities | -$11.0K | -$4.0K |
| Accrued and other liabilities | -$958.0K | -$66.0K |
| Net cash provided by operating activities | $1.6M | $5.1M |
| Payments for the purchase of property and equipment | -$3.1M | -$3.1M |
| Acquisition of restaurants from franchisees, net of cash acquired | -$504.0K | -$534.0K |
| Lease termination payments | -$350.0K | |
| Proceeds from sale of fixed assets | $77.0K | $14.0K |
| Net cash used in investing activities | -$3.8M | -$3.7M |
| Borrowings from long-term debt | $2.2M | $1.4M |
| Payments on long-term debt | -$780.0K | -$1.3M |
| Payment for the purchase of treasury stock | -$391.0K | -$1.9M |
| Payment for restricted stock vesting settled in cash | -$58.0K | |
| Contributions from non-controlling interests | $9.0K | $200.0K |
| Distributions to non-controlling interests | -$47.0K | -$172.0K |
| Net cash provided by (used in) financing activities | $983.0K | -$1.8M |
| DECREASE IN CASH AND CASH EQUIVALENTS | -$1.2M | -$329.0K |
| Cash paid for interest | $206.0K | $97.0K |
| Change in accounts payable attributable to the purchase of property and equipment | $50.0K | -$25.0K |
No quarter-by-quarter statement was filed.
Leadership
Who has led Good Times Restaurants Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
Chief operating officer
2010201520202025
- Chief executive officerRyan M. Zink Nov 20, 2019 to now14
- Chief executive officerBoyd E. Hoback Mar 23, 2006 to Jul 1, 201915
- PresidentRyan M. Zink Aug 12, 2021 to Aug 12, 202116
- PresidentBoyd E. Hoback Mar 23, 2006 to Jul 1, 201915
- Chief financial officerRyan M. Zink Aug 8, 2017 to Mar 13, 202017
- Chief financial officerK. Zielke James May 6, 2015 to May 9, 201718
- Chief operating officerScott Lefever Dec 2, 2014 to Nov 25, 201519
Board members and other officers (24)
- Sr. VP Finance and AccountingKeri August Jan 2, 2024 to now20
- SVP of OperationsDonald L. Stack Feb 10, 2022 to now21
- Sr Vice President of FinanceMatthew Karnes Mar 7, 2022 to Apr 10, 202322
- Vice President of FinanceMargaret E. Regalia May 24, 2021 to May 24, 202123
- Vice President, Franch SalesJames Debolt Oct 11, 2007 to Oct 11, 200724
- VP-MarketingBob Turrill Jan 12, 2006 to Apr 15, 200825
- ControllerSusan M. Knutson Jan 13, 2006 to Dec 22, 202026
- Vice President of OperationsScott Lefever Jan 26, 2006 to Jan 26, 202227
- Board memberRossi Sophia Rivka Jul 26, 2024 to now28
- Board memberJennifer C. Stetson Feb 9, 2022 to Aug 16, 202229
- Board memberRyan M. Zink Sep 30, 2021 to now30
- Board memberJason Maceda May 30, 2018 to now31
- Board memberCharles E. Jobson Aug 16, 2017 to Dec 3, 202132
- Board memberRobert J. Stetson May 12, 2014 to Dec 3, 202133
- Board memberReuven Har-Even Oct 1, 2013 to Oct 1, 201334
- Board memberNeil Calvert Sep 19, 2012 to Jan 3, 201335
- Board memberGary J. Heller Dec 22, 2010 to Nov 27, 201736
- Board memberBoyd E. Hoback Dec 23, 2010 to Jul 1, 201937
- Board memberDavid Dobbin Dec 23, 2010 to Oct 14, 201438
- Board memberKeith A. Radford Dec 23, 2010 to Dec 16, 201139
- Board memberGeoffrey R. Bailey Jan 13, 2006 to Dec 19, 202240
- Board memberAlan A. Teran May 30, 2006 to Nov 27, 201741
- Board memberEric W. Reinhard Dec 22, 2006 to Nov 27, 201742
- Board memberRonald Goodson Dec 22, 2006 to Apr 21, 200943
Former names
- GOOD TIMES RESTAURANTS INCFeb 11, 1994 to Jan 10, 20173
Timeline
Filings
135 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 57 major events, 48 insider forms, 10 other. The latest 20:
- Aug 6, 202610-Q EDGAR
- Aug 6, 20268-K EDGAR
- May 7, 202610-Q EDGAR
- May 7, 20268-K EDGAR
- Feb 25, 20268-K EDGAR
- Feb 5, 202610-Q EDGAR
- Feb 5, 20268-K EDGAR
- Dec 29, 2025DEF 14A EDGAR
- Dec 29, 202510-K EDGAR
- Dec 23, 20258-K EDGAR
- Nov 12, 20254 EDGAR
- Nov 12, 20254 EDGAR
- Oct 3, 20258-K EDGAR
- Aug 7, 202510-Q EDGAR
- Aug 7, 20258-K EDGAR
- Jun 6, 20258-K EDGAR
- May 27, 20254 PRIMARY DOCUMENT EDGAR
- May 20, 20254 PRIMARY DOCUMENT EDGAR
- May 8, 202510-Q EDGAR
- May 8, 20258-K EDGAR
The 135 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
29 open-market trades by officers, directors and large owners since October 2021: 28 buys and 1 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| May 22, 2025 | Maceda JasonDirector | Buy | 3,800 | $1.58 | $6.0K | Form 4 |
| May 16, 2025 | Maceda JasonDirector | Buy | 1,085 | $1.60 | $1.7K | Form 4 |
| May 5, 2025 | Stack Donald LSr. VP of Operations | Sale | 11,331 | $2.00 | $22.7K | Form 4 |
| Jun 18, 2024 | Zink Ryan MChief Executive Officer | Buy | 1,632 | $2.59 | $4.2K | Form 4 |
| Jun 17, 2024 | Zink Ryan MChief Executive Officer | Buy | 197 | $2.50 | $492 | Form 4 |
| Mar 9, 2023 | Stack Donald LSr. VP of Operations | Buy | 1,570 | $2.83 | $4.4K | Form 4 |
| Mar 8, 2023 | Stack Donald LSr. VP of Operations | Buy | 1,123 | $2.87 | $3.2K | Form 4 |
| Mar 6, 2023 | Stack Donald LSr. VP of Operations | Buy | 502 | $2.89 | $1.5K | Form 4 |
| Mar 3, 2023 | Stack Donald LSr. VP of Operations | Buy | 658 | $2.87 | $1.9K | Form 4 |
| Mar 2, 2023 | Stack Donald LSr. VP of Operations | Buy | 15 | $2.87 | $43 | Form 4 |
| Mar 1, 2023 | Stack Donald LSr. VP of Operations | Buy | 24 | $2.83 | $68 | Form 4 |
| Feb 28, 2023 | Stack Donald LSr. VP of Operations | Buy | 672 | $2.86 | $1.9K | Form 4 |
| Feb 27, 2023 | Stack Donald LSr. VP of Operations | Buy | 1,000 | $2.87 | $2.9K | Form 4 |
| Feb 24, 2023 | Stack Donald LSr. VP of Operations | Buy | 1,880 | $2.84 | $5.3K | Form 4 |
| Feb 23, 2023 | Stack Donald LSr. VP of Operations | Buy | 1,603 | $2.91 | $4.7K | Form 4 |
| Feb 23, 2023 | Stack Donald LSr. VP of Operations | Buy | 1,606 | $2.91 | $4.7K | Form 4 |
| Feb 22, 2023 | Stack Donald LSr. VP of Operations | Buy | 3 | $2.85 | $9 | Form 4 |
| Feb 22, 2023 | Stack Donald LSr. VP of Operations | Buy | 1,000 | $2.90 | $2.9K | Form 4 |
| Feb 21, 2023 | Stack Donald LSr. VP of Operations | Buy | 1,000 | $2.85 | $2.9K | Form 4 |
| Feb 17, 2023 | Stack Donald LSr. VP of Operations | Buy | 17 | $2.86 | $49 | Form 4 |
All 29 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| Vanguard Capital Management LLC | 401,456 | $566.1K | 0.0% | +6,039 |
| Renaissance Technologies LLC | 241,426 | $340.4K | 0.0% | +18,147 |
| Bridgeway Capital Management, LLC | 159,799 | $225.3K | 0.0% | No change |
| Geode Capital Management, LLC | 76,540 | $108.0K | 0.0% | −345 |
| Empowered Funds, LLC | 57,737 | $81.4K | 0.0% | No change |
| Advyzon Investment Management, LLC | 48,250 | $68.0K | 0.0% | New |
| Gainline Financial Partners, LLC | 48,250 | $68.0K | 0.1% | New |
| Dimensional Fund Advisors LP | 33,263 | $46.9K | 0.0% | −24,349 |
| BlackRock, Inc. | 31,856 | $44.9K | 0.0% | No change |
| Vanguard Fiduciary Trust Co | 31,714 | $44.7K | 0.0% | No change |
| Susquehanna International Group, Llp | 25,600 | $36.1K | 0.0% | −8,587 |
| State Street Corp | 20,619 | $29.1K | 0.0% | No change |
| Northern Trust Corp | 16,434 | $23.2K | 0.0% | +3,905 |
| XTX Topco Ltd | 11,837 | $16.7K | 0.0% | +483 |
| Morgan Stanley | 2,735 | $3.9K | 0.0% | No change |
| Tower Research Capital LLC (TRC) | 2,592 | $3.7K | 0.0% | −3,040 |
| Simplex Trading, LLC | 780 | $1.1K | 0.0% | +727 |
| Arax Advisory Partners | 167 | $236 | 0.0% | No change |
| Jones Financial Companies Lllp | 100 | $139 | 0.0% | No change |
| Acadian Asset Management LLC | 436 | $0 | 0.0% | No change |
13F reports cover disclosed long positions in U.S. stocks only.
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 16SEC EDGARRyan M. Zink, President
- 17
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- 20
- 21SEC EDGARDonald L. Stack, SVP of Operations
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- 25SEC EDGARBob Turrill, VP-Marketing
- 26SEC EDGARSusan M. Knutson, Controller
- 27
- 28SEC EDGARRossi Sophia Rivka, Board member
- 29SEC EDGARJennifer C. Stetson, Board member
- 30SEC EDGARRyan M. Zink, Board member
- 31SEC EDGARJason Maceda, Board member
- 32SEC EDGARCharles E. Jobson, Board member
- 33SEC EDGARRobert J. Stetson, Board member
- 34SEC EDGARReuven Har-Even, Board member
- 35SEC EDGARNeil Calvert, Board member
- 36SEC EDGARGary J. Heller, Board member
- 37SEC EDGARBoyd E. Hoback, Board member
- 38SEC EDGARDavid Dobbin, Board member
- 39SEC EDGARKeith A. Radford, Board member
- 40SEC EDGARGeoffrey R. Bailey, Board member
- 41SEC EDGARAlan A. Teran, Board member
- 42SEC EDGAREric W. Reinhard, Board member
- 43SEC EDGARRonald Goodson, Board member