7- How much is the stockholder's equity of Nathan's Famous as of March 2023? What accounts make up stockholder's equity and briefly describe each account. What is the significance of their stockholder's equity being negative?

2023 Financial Highlights dive restaurant franchising system internationally through the use of master franchising agreements based u dividual or combined use of our existing restaurant concepts and for the distribution of Nathan's products. The following table is a summary of our international operations for the fiscal years ended March 26, 2023 March 27, 2022: See Item 1A-"Risk Factors." (a) Gross profit represents the difference between revenue and cost of sales. Location Summary The following table shows the number of our Company-owned restaurants and franchised locations in operation at March 26, 2023 and their geographical distribution: The following summary reflects the openings and closings of the Nathan's franchise system (including the Branded Menu Program) for the fiscal years ended March 26, 2023 and March 27, 2022. Beginning balance Opened Closed. Ending balance (a) Including two Branded Menu Program locations in Ukraine which are temporarily closed as a result of the Russia-Ukraine conflict. (b) Units operating pursuant to our Branded Product Program and our virtual kitchens are excluded. At March 26, 2023, our franchise system consisted of 232 Nathan's franchised locations, including 120 Branded Menu locations located in 17 states, and 13 foreign countries. We also operate four Company-owned restaurants (including one seasonal unit), within the New York metropolitan area. Our strategic emphasis is focused on increasing the number of distribution points for our products across all of our business platforms, including our Licensing Program for distribution of Nathan's Famous branded consumer packaged goods, our Branded Products Program for distribution of Nathan's Famous branded bulk products to the foodservice industry, and kitchens. The restaurant system comprised of both Company-owned restaurants and franchised units, including virtual kitchens. The primary drivers of our growth have been our Licensing and Branded Product Programs, which are the largest contributors to the Company's revenues and profits. EBITDA and Adjusted EBITDA are not recognized terms under US GAAP and should not be viewed as alternatives to net income or other measures of financial performance or liquidity in conformity with US GAAP. Additionally, our definitions of EBITDA and Adjusted EBITDA may differ from other companies. Analysis of results and outlook on a nonUS GAAP basis should be used as a complement to, and in conjunction with, data presented in accordance with US GAAP. Cash at March 26, 2023 aggregated \$29,861,000, a \$20,202,000 decrease during the fiscal 2023 period as compared to cash of $50,063,000 at March 27,2022. Net working capital decreased to $30,652,000 from $48,988,000 at March 27 . CONSOLIDATED BALANCE SHEETS (in thousands, except share and per share amounts) Read aloud Ask Copilot 66 of 112 [D CURRENT LIABILITIES Accounts payable Accrued expenses and other current liabilities (Note G) Current portion of operating lease liabilities (Note K) Deferred franchise fees Total current liabilities \begin{tabular}{rrr} S & 6,461$ & $,381 \\ 8,130 & 7,833 \\ 1,782 & 1,849 \\ 336 & 349 \\ \hline 16,709 & 16,412 \end{tabular} Long-term debt, net of unamortized debt issuance costs of $952 and $1,817, respectively (Note J) Operating lease liabilities (Note K ) Other liabilities Deferred franchise fees Total liabilities \begin{tabular}{rr} 79,048 & 108,183 \\ 5,406 & 6,487 \\ 737 & 674 \\ 1,272 & 1,748 \\ \hline 103,172 & 133,504 \\ \hline \end{tabular} COMMITMENTS AND CONTINGENCIES (Note M) STOCKHOLDERS' DEFICIT Common stock, $.01 par value; 30,000,000 shares authorized; 9,369,235 shares issued; and 4,079,720 and 4,115,154 shares outstanding at March 26, 2023 and March 27, 2022, respectively Additional paid-in capital Accumulated deficit.. Stockholders' equity before treasury stock Treasury stock, at cost, 5,289,515 and 5,254,081 shares at March 26, 2023 and March 27, 2022, respectively Total stockholders" deficit. \begin{tabular}{rr} 94 & 94 \\ 62,565 & 62,307 \\ (20,559) & (32,619) \\ \hline 42,100 & 29,782 \end{tabular} Total liabilities and stockholders' deficit. \begin{tabular}{rr} & (86,662) \\ \hline(44,562) & (84,770) \\ \hline 54,988) & \\ \hline58,610 & $78,516 \\ \hline \end{tabular} The accompanying notes are an integral part of these consolidated financial statements. F-3