secwatch.observer — SEC 8-K summary
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Issuer:     ARK RESTAURANTS CORP (ARKR)
CIK:        0000779544
Form:       8-K
Filed at:   2021-12-21T23:59:59+00:00
Accession:  0000779544-21-000031
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ark Restaurants Q4 net income $6.8M ($1.93/shr) vs year-ago loss; FY net income $12.9M
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- Q4 revenues $42.8M, nearly double $21.8M in prior-year 14-week period.
- Net income attributable to Ark $6.8M ($1.93 basic EPS) vs net loss ($1.9M) in Q4 2020.
- FY2021 revenues $131.9M; net income $12.9M ($3.67 basic EPS) vs FY2020 net loss ($4.7M).
- Acquired Blue Moon Fish Company for $2.82M cash/note on Dec 1, 2020; contributed $1.3M in Q4 revenue.
- Received $10.4M in PPP loan forgiveness during FY2021; remaining loans $4.7M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/779544/000077954421000031/0000779544-21-000031-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/779544/000077954421000031/a12-20x218xk.htm
  HTML page:      https://secwatch.observer/filing/0000779544-21-000031

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer