{"schema_version":"secwatch.filing_event.v1","accession":"0000779544-25-000052","form_type":"8-K","ticker":"ARKR","cik":"0000779544","company_name":"ARK RESTAURANTS CORP","filed_at":"2025-12-15T23:59:59+00:00","discovered_at":"2026-05-14T18:02:42.144354+00:00","generated_at":"2026-05-16T13:18:16.190695+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Ark Restaurants Reports Q4 and Fiscal 2025 Results with Net Loss of $1.9M and Ongoing Bryant Park Litigation","bullets":["Net loss for Q4 fiscal 2025 was $(1,919,000) or $(0.53) per share, compared to $(4,457,000) or $(1.24) per share in the prior year.","Adjusted EBITDA for Q4 was negative $(1,071,000), down from positive $503,000, driven by over $400,000 in litigation expenses related to Bryant Park.","Bryant Park Grill & Café and The Porch at Bryant Park accounted for $25.5 million (15.4%) of total revenue; leases expired and a lawsuit over new operator selection is ongoing.","The company recognized a $3.44 million goodwill impairment in fiscal 2025 due to stock price decline and Bryant Park uncertainty, plus $4.7 million in impairment charges at its Sequoia property.","A gain of $5.235 million was recorded from termination of the Tampa Food Court lease, while El Rio Grande closure resulted in a net gain of $173,000 after prior loss."],"urls":{"canonical":"https://secwatch.observer/filing/0000779544-25-000052","json":"https://secwatch.observer/filing/0000779544-25-000052.json","markdown":"https://secwatch.observer/filing/0000779544-25-000052.md","text":"https://secwatch.observer/filing/0000779544-25-000052.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/779544/000077954425000052/0000779544-25-000052-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/779544/000077954425000052/arkr-20251215.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud","generated_at":"2026-05-16T13:18:16.190695+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}