Ark Restaurants Corporation reported its financial results for the second quarter ended March 29, 2025. Total revenues for the 13-week period were $39.725 million, a decrease from $42.257 million for the same period in 2024. The decrease was partly due to the exclusion of revenues from El Rio Grande and the Tampa Food Court, which contributed $596,000 and $1.513 million respectively in the previous year. The company experienced a net loss of $9.258 million for the 13 weeks ended March 29, 2025, compared to a net loss of $1.449 million for the same period in 2024. This loss includes a full valuation allowance related to deferred tax assets amounting to $4.799 million. EBITDA, as adjusted, was $(691,000) compared to $(321,000) for the same period in the previous year. Key adjustments included a gain on the closure of El Rio Grande and a goodwill impairment charge of $3.44 million. As of March 29, 2025, Ark Restaurants had cash and cash equivalents of $11.124 million and total outstanding debt of $4.28 million. The company emphasized that its inability to extend or renew certain leases on favorable terms could materially affect its business and financial condition.