Parks! America (PRKA) 10-Q 13 Feb 24 2024 Q1 Quarterly report Financial data

Cover

Cover - shares	3 Months Ended
	Dec. 31, 2023	Feb. 10, 2024
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Period End Date	Dec. 31, 2023
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2024
Current Fiscal Year End Date	--10-01
Entity File Number	000-51254
Entity Registrant Name	Parks! America, Inc.
Entity Central Index Key	0001297937
Entity Tax Identification Number	91-0626756
Entity Incorporation, State or Country Code	NV
Entity Address, Address Line One	1300 Oak Grove Road
Entity Address, City or Town	Pine Mountain
Entity Address, State or Province	GA
Entity Address, Postal Zip Code	31822
City Area Code	(706)
Local Phone Number	663-8744
Title of 12(b) Security	Common Stock
Trading Symbol	PRKA
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		75,726,851

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Dec. 31, 2023	Oct. 01, 2023
ASSETS
Cash and cash equivalents	$ 2,595,974	$ 4,098,387
Short-term investments	1,010,040
Accounts receivable	13,938	36,172
Inventory	431,546	419,149
Prepaid expenses	626,176	558,678
Total current assets	4,677,674	5,112,386
Property and equipment, net	14,900,272	14,910,097
Intangible assets, net	41,203	52,331
Other assets	20,909	20,909
Total assets	19,640,058	20,095,723
Liabilities
Accounts payable	131,056	79,352
Other current liabilities	558,510	571,343
Current portion of long-term debt, net	773,383	767,675
Total current liabilities	1,462,949	1,418,370
Long-term debt, net	3,262,159	3,459,816
Deferred tax liability, net	232,329	232,329
Total liabilities	4,957,437	5,110,515
Stockholders’ equity
Common stock; 300,000,000 shares authorized, at $.001 par value; 75,726,851 and 75,517,763 shares issued and outstanding, respectively	75,727	75,518
Capital in excess of par	5,168,930	5,102,471
Retained earnings	9,437,964	9,807,219
Total stockholders’ equity	14,682,621	14,985,208
Total liabilities and stockholders’ equity	$ 19,640,058	$ 20,095,723

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Dec. 31, 2023	Oct. 01, 2023
Statement of Financial Position [Abstract]
Common stock, shares authorized	300,000,000	300,000,000
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares issued	75,726,851	75,517,763
Common stock, shares outstanding	75,726,851	75,517,763

Consolidated Statements of Oper

Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended
	Dec. 31, 2023	Jan. 01, 2023
Total revenues	$ 1,897,625	$ 1,861,379
Cost of sales	295,934	272,620
Selling, general and administrative	1,822,968	1,526,012
Depreciation and amortization	223,203	217,184
(Gain) loss on asset disposals, net	14,417
Loss from operations	(458,897)	(154,437)
Other income, net	35,887	29,613
Interest expense	(51,445)	(58,736)
Loss before income taxes	(474,455)	(183,560)
Income tax benefit	(105,200)	(30,600)
Net loss	$ (369,255)	$ (152,960)
Income (loss) per share - basic	$ 0	$ 0
Income (loss) per share - diluted	$ 0	$ 0
Weighted average shares outstanding (in 000's) - basic	75,579	75,227
Weighted average shares outstanding (in 000's) - diluted	75,579	75,227
Park [Member]
Total revenues	$ 1,809,234	$ 1,817,579
Animals [Member]
Total revenues	$ 88,391	$ 43,800

Consolidated Statement of Chang

Consolidated Statement of Changes in Stockholders' Equity (Unaudited) - USD ($)	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Total
Balance at Oct. 02, 2022	$ 75,227	$ 4,987,762	$ 10,290,957	$ 15,353,946
Balance, shares at Oct. 02, 2022	75,227,058
Net loss			(152,960)	(152,960)
Balance at Jan. 01, 2023	$ 75,227	4,987,762	10,137,997	15,200,986
Balance, shares at Jan. 01, 2023	75,227,058
Balance at Oct. 01, 2023	$ 75,518	5,102,471	9,807,219	14,985,208
Balance, shares at Oct. 01, 2023	75,517,763
Issuance of common stock to Directors	$ 209	57,290		57,499
Issuance of common stock to Directors, shares	209,088
Stock-based compensation		9,169		9,169
Net loss			(369,255)	(369,255)
Balance at Dec. 31, 2023	$ 75,727	$ 5,168,930	$ 9,437,964	$ 14,682,621
Balance, shares at Dec. 31, 2023	75,726,851

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($)	3 Months Ended
	Dec. 31, 2023	Jan. 01, 2023
OPERATING ACTIVITIES:
Net loss	$ (369,255)	$ (152,960)
Reconciliation of net loss to net cash used in operating activities:
Depreciation and amortization expense	223,203	217,184
Interest expense - debt financing cost amortization	2,722	1,472
Stock-based compensation	66,668
Loss (gain) loss on asset disposals	14,417
Changes in assets and liabilities
(Increase) decrease in accounts receivable	22,234	1,070
(Increase) decrease in inventory	(12,397)	(161)
(Increase) decrease in prepaid expenses	(67,498)	(87,202)
Increase (decrease) in accounts payable	51,704	(191,906)
Increase (decrease) in other current liabilities	(12,833)	(168,717)
Net cash used in operating activities	(81,035)	(381,220)
INVESTING ACTIVITIES:
Acquisition of property and equipment	(230,166)	(181,741)
Investment in intangible assets		(5,466)
Proceeds from the disposition of property and equipment	13,998
Net cash used in investing activities	(216,168)	(187,207)
FINANCING ACTIVITIES:
Line-of-credit fees	(5,000)
Net cash used in financing activities	(195,170)	(181,621)
Net decrease in cash	(492,373)	(750,048)
Cash at beginning of period	4,098,387	5,472,036
Cash at end of period	3,606,014	4,721,988
Supplemental Cash Flow Information:
Cash paid for interest	48,906	57,073
Cash paid for income taxes
2020 Term Loan [Member]
FINANCING ACTIVITIES:
Payments on Term Loan	(123,597)	(117,517)
2021 Term Loan [Member]
FINANCING ACTIVITIES:
Payments on Term Loan	$ (66,573)	$ (64,104)

ORGANIZATION

ORGANIZATION	3 Months Ended
	Dec. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
ORGANIZATION	NOTE 1. ORGANIZATION Parks! America, Inc. (“Parks!” or the “Company”) owns and operates through wholly owned subsidiaries three regional safari parks and is in the business of acquiring, developing and operating local and regional entertainment assets and attractions in the United States. The Company’s wholly owned subsidiaries are Wild Animal Safari, Inc. a Georgia corporation (“Wild Animal – Georgia”), Wild Animal, Inc., a Missouri corporation (“Wild Animal – Missouri”), and Aggieland-Parks, Inc., a Texas corporation (“Aggieland Wild Animal – Texas”). Wild Animal – Georgia owns and operates the Wild Animal Safari theme park in Pine Mountain, Georgia (the “Georgia Park”). Wild Animal – Missouri owns and operates the Wild Animal Safari theme park located in Strafford, Missouri (the “Missouri Park”). Aggieland Wild Animal – Texas owns and operates the Aggieland Wild Animal Safari theme park near Bryan/College Station, Texas (the “Texas Park”). The Company acquired the Georgia Park on June 13, 2005, the Missouri Park on March 5, 2008, and the Texas Park on April 27, 2020. The Company was originally incorporated on July 30, 1954 Nevada The Company’s Parks are open year-round, but experience increased seasonal attendance, typically beginning in the latter half of March through early September. Combined third and fourth quarter park revenues were 60.4% and 62.1% of annual park revenues for the Company’s 2023 and 2022 fiscal years, respectively.

SIGNIFICANT ACCOUNTING POLICIES

SIGNIFICANT ACCOUNTING POLICIES	3 Months Ended
	Dec. 31, 2023
Accounting Policies [Abstract]
SIGNIFICANT ACCOUNTING POLICIES	NOTE 2. SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation Principles of Consolidation Accounting Method Estimates and Assumptions Fiscal Year End PARKS! AMERICA, INC. and SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) December 31, 2023 NOTE 2. SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) Financial and Concentrations Risk Fair Value As of December 31, 2023 and October 1, 2023, the fair value of our long-term debt was $ 3.68 3.83 Cash and Cash Equivalents Short-term Investments 1.01 Note 5: LINES OF CREDIT Accounts Receivable 13,938 36,172 Inventory 431,546 419,149 Prepaid Expenses SCHEDULE OF PREPAID EXPENSES December 31, 2023 October 1, 2023 Prepaid income taxes $ 374,347 $ 459,957 Prepaid insurance 250,296 86,921 Other prepaid expenses 1,533 11,800 Total prepaid expenses $ 626,176 $ 558,678 PARKS! AMERICA, INC. and SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) December 31, 2023 NOTE 2. SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) Property and Equipment SCHEDULE OF PROPERTY, PLANT AND EQUIPMENT December 31, 2023 October 1, 2023 Depreciable Lives Land $ 6,389,470 $ 6,389,470 not applicable Mineral rights 276,000 276,000 25 Ground improvements 2,941,958 2,941,958 7 25 Buildings and structures 3,812,223 3,812,223 10 39 Animal shelters and habitats 3,498,692 3,428,620 10 39 Park animals 1,291,580 1,279,080 5 25 Equipment - concession and related 524,828 509,078 3 15 Equipment and vehicles - yard and field 780,707 817,809 3 15 Vehicles - buses and rental 299,206 299,206 3 5 Rides and entertainment 172,154 172,154 5 7 Furniture and fixtures 27,160 27,160 5 10 Projects in process 314,638 212,248 Property and equipment, cost 20,328,616 20,165,006 Less accumulated depreciation (5,428,344 ) (5,254,909 ) Property and equipment, net $ 14,900,272 $ 14,910,097 Depreciation expense for the three months ended December 31, 2023 and January 1, 2023 totaled $ 220,200 212,700 Intangible Assets three ten years 3,003 4,484 Impairment of Long-Lived Assets Other Current Liabilities SCHEDULE OF OTHER CURRENT LIABILITIES December 31, 2023 October 1, 2023 Deferred revenue $ 173,557 $ 143,511 Accrued professional fees 145,232 59,638 Accrued compensation 92,119 177,868 Accrued sales taxes 35,458 46,718 Accrued property taxes 16,985 49,183 Other accrued liabilities 95,159 94,425 Other current liabilities $ 558,510 $ 571,343 PARKS! AMERICA, INC. and SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) December 31, 2023 NOTE 2. SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) Revenue Recognition Revenues from Contracts with Customers Revenues from park admission fees are recognized at the point in time control transfers to the customer, which is generally when the customer accepts access to the park and the Company is entitled to payment. Park admission revenues for annual passes and memberships are deferred and recognized as revenue on a pro-rata basis over the term of the pass or membership. Park admission fee revenues from advance online ticket purchases are deferred until the customers’ visit to the parks. Advance online tickets can generally be used anytime during the one year period from the date of purchase. Revenues from retail and concession sales are generally recognized upon the concurrent receipt of payment and delivery of goods to the customer. Sales taxes billed and collected are not included in revenue. Deferred revenues from advance online admission tickets, and season passes and memberships were $ 173,557 143,511 The Company periodically sells surplus animals created from the natural breeding process that occurs within the parks. Animal sales are reported as a separate revenue line item. Animal sales are recognized at a point in time when control transfers to the customer, which is generally determined when title, ownership and risk of loss pass to the customer, all of which generally occurs upon delivery of the animal. Based on the Company’s assessment of control indicators, sales are recognized when animals are delivered to the customer. The Company provides disaggregation of revenue based on geography in “ Note 10: Business Segments Advertising and Marketing Costs 241,826 205,435 Stock Based Compensation A Stock Option and Award Plan (the “Plan”) providing for incentive stock options and performance bonus awards for executives, employees, and directors was approved by the Company’s Board of Directors on February 1, 2005, however, the Plan has not been submitted to the stockholders for approval. The Plan sets aside five million ( 5,000,000 no PARKS! AMERICA, INC. and SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) December 31, 2023 NOTE 2. SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) Income Taxes The Company follows the guidance in FASB ASC 740 with respect to accounting for uncertainty in income taxes. A tax position is recognized as a benefit only if it is “more-likely-than-not” that the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount of tax benefit that is greater than fifty percent likely of being realized on examination. For tax positions not meeting the “more-likely-than-not” test, no tax benefit is recorded. The Company has no unrecognized tax benefits under guidance related to tax uncertainties. The Company does not anticipate the unrecognized tax benefits will significantly change in the next twelve months. Any tax penalties or interest expense will be recognized in income tax expense. No interest and penalties related to unrecognized tax benefits were accrued as of December 31, 2023 or October 1, 2023. Basic and Diluted Net Income (Loss) Per Share Basic and diluted net income (loss) per share is computed by dividing net income (loss) available to common stockholders by the applicable weighted average number of common shares outstanding in each period. Dividend Policy Recent Accounting Pronouncements Credit Losses – Financial Instruments In June 2016, the FASB issued Accounting Standards Update (“ASU”) No. 2016-13, Financial Instruments – Credit Losses (Topic 326) Except as noted, the Company does not expect recently issued accounting standards or interpretations to have a material impact on the Company’s financial position, results of operations, cash flows or financial statement disclosures.

TORNADO EXPENSES AND ASSET WRIT

TORNADO EXPENSES AND ASSET WRITE-OFFS	3 Months Ended
	Dec. 31, 2023
Tornado Expenses And Asset Write-offs
TORNADO EXPENSES AND ASSET WRITE-OFFS	NOTE 3. TORNADO EXPENSES AND ASSET WRITE-OFFS During March 26-27, 2023, the Company’s Georgia Park experienced extensive damage, caused by an EF-3 tornado and over nine inches of rain, resulting in more than 4,500 fallen trees and damage to many of the Park’s animal enclosures, fencing and other infrastructure. The Walkabout Adventure Zoo (“Walkabout”) portion of the property was particularly hard hit. The Georgia Park was closed for 20 days, including for most of its traditionally busy spring break period, which has historically comprised approximately 10 15 PARKS! AMERICA, INC. and SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) December 31, 2023 NOTE 3. TORNADO EXPENSES AND ASSET WRITE-OFFS (CONTINUED) For the year ended October 1, 2023, the Company incurred $ 780,941 275,297 The Company has also made capital investments of $ 615,000 31,500 The Company has been working with its insurance providers regarding tornado damage related coverage and insurance proceeds totaling $ 687,283 50,000

LONG-TERM DEBT

LONG-TERM DEBT	3 Months Ended
	Dec. 31, 2023
Debt Disclosure [Abstract]
LONG-TERM DEBT	NOTE 4. LONG-TERM DEBT On June 18, 2021 2021 Refinancing 1.95 3.75 payable in monthly installments 26,480 June 18, 2028 1,514 1.31 On April 27, 2020 7.1 5.0 2020 Term Loan 750,000 1.38 5.0 April 27, 2031 53,213 62,375 903,222 1.0 2.77 Interest expense of $ 51,445 58,736 1,472 1,472 PARKS! AMERICA, INC. and SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) December 31, 2023 NOTE 4. LONG-TERM DEBT (CONTINUED) The following table represents the aggregate of the Company’s outstanding long-term debt: SCHEDULE OF LONG TERM DEBT December 31, 2023 October 1, 2023 As of December 31, 2023 October 1, 2023 Loan principal outstanding $ 4,081,349 $ 4,271,521 Less: unamortized debt financing costs (45,807 ) (44,030 ) Gross long-term debt 4,035,542 4,227,491 Less current portion of long-term debt, net of unamortized costs (773,383 ) (767,675 ) Long-term debt $ 3,262,159 $ 3,459,816 As of December 31, 2023, the scheduled future principal maturities of the Company’s long-term debt by fiscal year are as follows: SCHEDULE OF MATURITIES OF LONG-TERM DEBT 2024 $ 624,888 2025 810,136 2026 848,472 2027 888,654 2028 850,959 thereafter 58,240 Total $ 4,081,349

LINES OF CREDIT

LINES OF CREDIT	3 Months Ended
	Dec. 31, 2023
Debt Disclosure [Abstract]
LINES OF CREDIT	NOTE 5. LINES OF CREDIT On October 19, 2023, the Company, through its wholly owned subsidiary Aggieland Wild Animal – Texas, entered a line of credit of up to $ 350,000 October 11, 2024 5.6 350,000 October 11, 2024 3.6 500 On October 24, 2023, the Company, through its wholly owned subsidiary Wild Animal – Georgia, entered a line of credit of up to $ 450,000 October 24, 2024 7.75 450,000 November 13, 2024 5.25 4,500 As of December 31, 2023, the Company had not made any borrowings against either of these lines of credit. Interest expense for the three month periods ended December 31, 2023 and January 1, 2023, includes $ 1,250 0 PARKS! AMERICA, INC. and SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) December 31, 2023

STOCKHOLDERS_ EQUITY

STOCKHOLDERS’ EQUITY	3 Months Ended
	Dec. 31, 2023
Equity [Abstract]
STOCKHOLDERS’ EQUITY	NOTE 6. STOCKHOLDERS’ EQUITY Shares of common stock issued for service to the Company are valued based on market price on the date of the award. On December 4, 2023, the Company declared its annual compensation award to seven directors for their service on the Board of Directors. Seven directors were awarded $ 10,000 10,000 0.275 209,088 79,999 57,499 22,500 On February 2, 2023, the Company declared its annual compensation award to seven directors for their service on the Board of Directors. Seven directors were awarded $ 10,000 10,000 0.40 162,500 80,000 65,000 15,000 Effective February 14, 2023, Lisa Brady the Company’s President and Chief Executive Officer vested in 128,205 50,000 Officers, directors and their controlled entities own approximately 33.4

SIGNIFICANT TRANSACTIONS WITH R

SIGNIFICANT TRANSACTIONS WITH RELATED PARTIES	3 Months Ended
	Dec. 31, 2023
Related Party Transactions [Abstract]
SIGNIFICANT TRANSACTIONS WITH RELATED PARTIES	NOTE 7. SIGNIFICANT TRANSACTIONS WITH RELATED PARTIES Employment Agreements: Effective November 14, 2022 the Company and Ms. Brady, entered into an employment agreement (the “Brady Employment Agreement”) 175,000 25 50,000 128,205 0.39 50,000 60,000 70,000 75,000 135,135 0.37 45,045 5,000 five years 9,169 0 PARKS! AMERICA, INC. and SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) December 31, 2023 NOTE 7. SIGNIFICANT TRANSACTIONS WITH RELATED PARTIES (CONTINUED) Effective June 1, 2022 100,000 50,000 Effective as of January 1, 2024 90,000 95,000 two years Each of the foregoing employment agreements contains provisions for severance compensation in the event an agreement is (i) terminated early by the Company without cause ($ 245,833 335,833 157,500

INCOME TAXES

INCOME TAXES	3 Months Ended
	Dec. 31, 2023
Income Tax Disclosure [Abstract]
INCOME TAXES	NOTE 8. INCOME TAXES For the three month period ended December 31, 2023, the Company reported a pre-tax loss of $ 474,455 105,200 97,500 7,700 183,560 30,600 40,400 9,800

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	3 Months Ended
	Dec. 31, 2023
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE 9. COMMITMENTS AND CONTINGENCIES On December 16, 2022, the Company received notice that on August 10, 2022 a former employee of Aggieland Wild Animal – Texas, filed a Complaint in the 361st District Court of Brazos County, Texas (case no. 22-001839-CV-361), alleging the Company and Aggieland-Parks, Inc. committed several instances of employment discrimination. The Complaint seeks unspecified economic, compensatory and punitive damages, as well as attorney’s fees and costs. The Company is defending this claim. Except as noted above, the Company is not a party to any pending legal proceeding, nor is its property the subject of a pending legal proceeding, that is not in the ordinary course of business or otherwise material to the financial condition of its business. None of the Company’s directors, officers or affiliates is involved in a proceeding adverse to its business or has a material interest adverse to its business. PARKS! AMERICA, INC. and SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) December 31, 2023

BUSINESS SEGMENTS

BUSINESS SEGMENTS	3 Months Ended
	Dec. 31, 2023
Segment Reporting [Abstract]
BUSINESS SEGMENTS	NOTE 10. BUSINESS SEGMENTS The Company manages its operations on an individual location basis. Discrete financial information is maintained for each Park and provided to management for review and as a basis for decision-making. The primary performance measure used to allocate resources are Park earnings before interest, taxes, depreciation and amortization expenses. The following tables present financial information regarding each of the Company’s reportable segments: SCHEDULE OF REVENUE BY REPORTING SEGMENTS December 31, 2023 January 1, 2023 For the three months ended December 31, 2023 January 1, 2023 Total revenues: Georgia $ 1,240,010 $ 1,339,141 Missouri 241,721 219,765 Texas 415,894 302,473 Consolidated $ 1,897,625 $ 1,861,379 Total revenues $ 1,897,625 $ 1,861,379 Income (loss) before income taxes: Georgia $ 365,842 $ 467,607 Missouri (106,768 ) (91,469 ) Texas (36,025 ) (89,964 ) Segment EBITDA 223,049 286,174 Corporate (444,326 ) (223,427 ) Depreciation and amortization 223,203 217,184 (Gain) loss on asset disposals, net 14,417 - Other income, net 35,887 29,613 Interest expense (51,445 ) (58,736 ) Consolidated $ (474,455 ) $ (183,560 ) Income (loss) before income taxes $ (474,455 ) $ (183,560 ) December 31, 2023 October 1, 2023 As of December 31, 2023 October 1, 2023 Total assets: Georgia $ 7,801,055 $ 8,519,619 Missouri 3,172,304 3,335,794 Texas 8,078,510 7,698,400 Corporate 588,189 541,910 Consolidated $ 19,640,058 $ 20,095,723 Total assets $ 19,640,058 $ 20,095,723 PARKS! AMERICA, INC. and SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) December 31, 2023

SPECIAL MEETING OF SHAREHOLDERS

SPECIAL MEETING OF SHAREHOLDERS AND CONTESTED PROXY	3 Months Ended
	Dec. 31, 2023
Special Meeting Of Shareholders And Contested Proxy
SPECIAL MEETING OF SHAREHOLDERS AND CONTESTED PROXY	NOTE 11. SPECIAL MEETING OF SHAREHOLDERS AND CONTESTED PROXY On December 22, 2023, Focused Compounding Fund, LP (together with the participants in its solicitation, “Focused Compounding”) submitted documents to the Company purporting to provide qualifying notice (the “Purported Notice”) as to a demand that the Company hold a special meeting of stockholders (if held, including any adjournment, postponement or rescheduling thereof, the “Special Meeting”). Pursuant to the Purported Notice, the Special Meeting would be held for the purpose of asking stockholders to consider and vote upon a number of proposals, including a proposal for the removal of all directors currently serving on our Board and a proposal for the election of a new Board comprised entirely of Focused Compounding’s slate of three candidates. The Special Meeting is currently scheduled to be held on February 26, 2024. Stockholders of record at the close of business on February 8, 2024 are entitled to notice of and to vote at the Special Meeting. In addition, the Company’s Board of Directors has called an annual meeting of stockholders to be held on June 6, 2024 (the “2024 Annual Meeting”). At the 2024 Annual Meeting, stockholders will have an opportunity to, among other things, vote on the election of directors to the Board. Stockholders who wish to present a proposal for inclusion in the Company’s proxy statement for the 2024 Annual Meeting must ensure that the proposal is received by the Secretary of the Company at its principal executive offices at 1300 Oak Grove Road, Pine Mountain, Georgia 31822 no later than February 25, 2024

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	3 Months Ended
	Dec. 31, 2023
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 12. SUBSEQUENT EVENTS The Company has analyzed its operations subsequent to December 31, 2023 to the date these financial statements were issued and has determined, except for matters disclosed in “NOTE 7. SIGNIFICANT TRANSACTIONS WITH RELATED PARTIES” and “NOTE 11. SPECIAL MEETING OF SHAREHOLDERS AND CONTESTED PROXY” no material subsequent events have occurred from the date of these unaudited consolidated financial statements.

SIGNIFICANT ACCOUNTING POLICI_2

SIGNIFICANT ACCOUNTING POLICIES (Policies)	3 Months Ended
	Dec. 31, 2023
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation
Principles of Consolidation	Principles of Consolidation
Accounting Method	Accounting Method
Estimates and Assumptions	Estimates and Assumptions
Fiscal Year End	Fiscal Year End PARKS! AMERICA, INC. and SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) December 31, 2023 NOTE 2. SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)
Financial and Concentrations Risk	Financial and Concentrations Risk
Fair Value	Fair Value As of December 31, 2023 and October 1, 2023, the fair value of our long-term debt was $ 3.68 3.83
Cash and Cash Equivalents	Cash and Cash Equivalents
Short-term Investments	Short-term Investments 1.01 Note 5: LINES OF CREDIT
Accounts Receivable	Accounts Receivable 13,938 36,172
Inventory	Inventory 431,546 419,149
Prepaid Expenses	Prepaid Expenses SCHEDULE OF PREPAID EXPENSES December 31, 2023 October 1, 2023 Prepaid income taxes $ 374,347 $ 459,957 Prepaid insurance 250,296 86,921 Other prepaid expenses 1,533 11,800 Total prepaid expenses $ 626,176 $ 558,678 PARKS! AMERICA, INC. and SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) December 31, 2023 NOTE 2. SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)
Property and Equipment	Property and Equipment SCHEDULE OF PROPERTY, PLANT AND EQUIPMENT December 31, 2023 October 1, 2023 Depreciable Lives Land $ 6,389,470 $ 6,389,470 not applicable Mineral rights 276,000 276,000 25 Ground improvements 2,941,958 2,941,958 7 25 Buildings and structures 3,812,223 3,812,223 10 39 Animal shelters and habitats 3,498,692 3,428,620 10 39 Park animals 1,291,580 1,279,080 5 25 Equipment - concession and related 524,828 509,078 3 15 Equipment and vehicles - yard and field 780,707 817,809 3 15 Vehicles - buses and rental 299,206 299,206 3 5 Rides and entertainment 172,154 172,154 5 7 Furniture and fixtures 27,160 27,160 5 10 Projects in process 314,638 212,248 Property and equipment, cost 20,328,616 20,165,006 Less accumulated depreciation (5,428,344 ) (5,254,909 ) Property and equipment, net $ 14,900,272 $ 14,910,097 Depreciation expense for the three months ended December 31, 2023 and January 1, 2023 totaled $ 220,200 212,700
Intangible Assets	Intangible Assets three ten years 3,003 4,484
Impairment of Long-Lived Assets	Impairment of Long-Lived Assets
Other Current Liabilities	Other Current Liabilities SCHEDULE OF OTHER CURRENT LIABILITIES December 31, 2023 October 1, 2023 Deferred revenue $ 173,557 $ 143,511 Accrued professional fees 145,232 59,638 Accrued compensation 92,119 177,868 Accrued sales taxes 35,458 46,718 Accrued property taxes 16,985 49,183 Other accrued liabilities 95,159 94,425 Other current liabilities $ 558,510 $ 571,343 PARKS! AMERICA, INC. and SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) December 31, 2023 NOTE 2. SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)
Revenue Recognition	Revenue Recognition Revenues from Contracts with Customers Revenues from park admission fees are recognized at the point in time control transfers to the customer, which is generally when the customer accepts access to the park and the Company is entitled to payment. Park admission revenues for annual passes and memberships are deferred and recognized as revenue on a pro-rata basis over the term of the pass or membership. Park admission fee revenues from advance online ticket purchases are deferred until the customers’ visit to the parks. Advance online tickets can generally be used anytime during the one year period from the date of purchase. Revenues from retail and concession sales are generally recognized upon the concurrent receipt of payment and delivery of goods to the customer. Sales taxes billed and collected are not included in revenue. Deferred revenues from advance online admission tickets, and season passes and memberships were $ 173,557 143,511 The Company periodically sells surplus animals created from the natural breeding process that occurs within the parks. Animal sales are reported as a separate revenue line item. Animal sales are recognized at a point in time when control transfers to the customer, which is generally determined when title, ownership and risk of loss pass to the customer, all of which generally occurs upon delivery of the animal. Based on the Company’s assessment of control indicators, sales are recognized when animals are delivered to the customer. The Company provides disaggregation of revenue based on geography in “ Note 10: Business Segments
Advertising and Marketing Costs	Advertising and Marketing Costs 241,826 205,435
Stock Based Compensation	Stock Based Compensation A Stock Option and Award Plan (the “Plan”) providing for incentive stock options and performance bonus awards for executives, employees, and directors was approved by the Company’s Board of Directors on February 1, 2005, however, the Plan has not been submitted to the stockholders for approval. The Plan sets aside five million ( 5,000,000 no PARKS! AMERICA, INC. and SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) December 31, 2023 NOTE 2. SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)
Income Taxes	Income Taxes The Company follows the guidance in FASB ASC 740 with respect to accounting for uncertainty in income taxes. A tax position is recognized as a benefit only if it is “more-likely-than-not” that the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount of tax benefit that is greater than fifty percent likely of being realized on examination. For tax positions not meeting the “more-likely-than-not” test, no tax benefit is recorded. The Company has no unrecognized tax benefits under guidance related to tax uncertainties. The Company does not anticipate the unrecognized tax benefits will significantly change in the next twelve months. Any tax penalties or interest expense will be recognized in income tax expense. No interest and penalties related to unrecognized tax benefits were accrued as of December 31, 2023 or October 1, 2023.
Basic and Diluted Net Income (Loss) Per Share	Basic and Diluted Net Income (Loss) Per Share Basic and diluted net income (loss) per share is computed by dividing net income (loss) available to common stockholders by the applicable weighted average number of common shares outstanding in each period.
Dividend Policy	Dividend Policy
Recent Accounting Pronouncements	Recent Accounting Pronouncements Credit Losses – Financial Instruments In June 2016, the FASB issued Accounting Standards Update (“ASU”) No. 2016-13, Financial Instruments – Credit Losses (Topic 326) Except as noted, the Company does not expect recently issued accounting standards or interpretations to have a material impact on the Company’s financial position, results of operations, cash flows or financial statement disclosures.

SIGNIFICANT ACCOUNTING POLICI_3

SIGNIFICANT ACCOUNTING POLICIES (Tables)	3 Months Ended
	Dec. 31, 2023
Accounting Policies [Abstract]
SCHEDULE OF PREPAID EXPENSES	SCHEDULE OF PREPAID EXPENSES December 31, 2023 October 1, 2023 Prepaid income taxes $ 374,347 $ 459,957 Prepaid insurance 250,296 86,921 Other prepaid expenses 1,533 11,800 Total prepaid expenses $ 626,176 $ 558,678
SCHEDULE OF PROPERTY, PLANT AND EQUIPMENT	SCHEDULE OF PROPERTY, PLANT AND EQUIPMENT December 31, 2023 October 1, 2023 Depreciable Lives Land $ 6,389,470 $ 6,389,470 not applicable Mineral rights 276,000 276,000 25 Ground improvements 2,941,958 2,941,958 7 25 Buildings and structures 3,812,223 3,812,223 10 39 Animal shelters and habitats 3,498,692 3,428,620 10 39 Park animals 1,291,580 1,279,080 5 25 Equipment - concession and related 524,828 509,078 3 15 Equipment and vehicles - yard and field 780,707 817,809 3 15 Vehicles - buses and rental 299,206 299,206 3 5 Rides and entertainment 172,154 172,154 5 7 Furniture and fixtures 27,160 27,160 5 10 Projects in process 314,638 212,248 Property and equipment, cost 20,328,616 20,165,006 Less accumulated depreciation (5,428,344 ) (5,254,909 ) Property and equipment, net $ 14,900,272 $ 14,910,097
SCHEDULE OF OTHER CURRENT LIABILITIES	SCHEDULE OF OTHER CURRENT LIABILITIES December 31, 2023 October 1, 2023 Deferred revenue $ 173,557 $ 143,511 Accrued professional fees 145,232 59,638 Accrued compensation 92,119 177,868 Accrued sales taxes 35,458 46,718 Accrued property taxes 16,985 49,183 Other accrued liabilities 95,159 94,425 Other current liabilities $ 558,510 $ 571,343

LONG-TERM DEBT (Tables)

LONG-TERM DEBT (Tables)	3 Months Ended
	Dec. 31, 2023
Debt Disclosure [Abstract]
SCHEDULE OF LONG TERM DEBT	The following table represents the aggregate of the Company’s outstanding long-term debt: SCHEDULE OF LONG TERM DEBT December 31, 2023 October 1, 2023 As of December 31, 2023 October 1, 2023 Loan principal outstanding $ 4,081,349 $ 4,271,521 Less: unamortized debt financing costs (45,807 ) (44,030 ) Gross long-term debt 4,035,542 4,227,491 Less current portion of long-term debt, net of unamortized costs (773,383 ) (767,675 ) Long-term debt $ 3,262,159 $ 3,459,816
SCHEDULE OF MATURITIES OF LONG-TERM DEBT	As of December 31, 2023, the scheduled future principal maturities of the Company’s long-term debt by fiscal year are as follows: SCHEDULE OF MATURITIES OF LONG-TERM DEBT 2024 $ 624,888 2025 810,136 2026 848,472 2027 888,654 2028 850,959 thereafter 58,240 Total $ 4,081,349

BUSINESS SEGMENTS (Tables)

BUSINESS SEGMENTS (Tables)	3 Months Ended
	Dec. 31, 2023
Segment Reporting [Abstract]
SCHEDULE OF REVENUE BY REPORTING SEGMENTS	The following tables present financial information regarding each of the Company’s reportable segments: SCHEDULE OF REVENUE BY REPORTING SEGMENTS December 31, 2023 January 1, 2023 For the three months ended December 31, 2023 January 1, 2023 Total revenues: Georgia $ 1,240,010 $ 1,339,141 Missouri 241,721 219,765 Texas 415,894 302,473 Consolidated $ 1,897,625 $ 1,861,379 Total revenues $ 1,897,625 $ 1,861,379 Income (loss) before income taxes: Georgia $ 365,842 $ 467,607 Missouri (106,768 ) (91,469 ) Texas (36,025 ) (89,964 ) Segment EBITDA 223,049 286,174 Corporate (444,326 ) (223,427 ) Depreciation and amortization 223,203 217,184 (Gain) loss on asset disposals, net 14,417 - Other income, net 35,887 29,613 Interest expense (51,445 ) (58,736 ) Consolidated $ (474,455 ) $ (183,560 ) Income (loss) before income taxes $ (474,455 ) $ (183,560 ) December 31, 2023 October 1, 2023 As of December 31, 2023 October 1, 2023 Total assets: Georgia $ 7,801,055 $ 8,519,619 Missouri 3,172,304 3,335,794 Texas 8,078,510 7,698,400 Corporate 588,189 541,910 Consolidated $ 19,640,058 $ 20,095,723 Total assets $ 19,640,058 $ 20,095,723

ORGANIZATION (Details Narrative

ORGANIZATION (Details Narrative)	3 Months Ended
	Dec. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Date of incorporation	Jul. 30, 1954
Incorporation state code	NV

SCHEDULE OF PREPAID EXPENSES (D

SCHEDULE OF PREPAID EXPENSES (Details) - USD ($)	Dec. 31, 2023	Oct. 01, 2023
Accounting Policies [Abstract]
Prepaid income taxes	$ 374,347	$ 459,957
Prepaid insurance	250,296	86,921
Other prepaid expenses	1,533	11,800
Total prepaid expenses	$ 626,176	$ 558,678

SCHEDULE OF PROPERTY, PLANT AND

SCHEDULE OF PROPERTY, PLANT AND EQUIPMENT (Details) - USD ($)	3 Months Ended
	Dec. 31, 2023	Oct. 01, 2023	Mar. 31, 2023
Property, Plant and Equipment [Line Items]
Property and equipment, cost	$ 20,328,616	$ 20,165,006
Less accumulated depreciation	(5,428,344)	(5,254,909)
Property and equipment, net	14,900,272	14,910,097
Land [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, cost	$ 6,389,470	6,389,470
Property and equipment, estimated useful lives	not applicable
Mineral Rights [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, cost	$ 276,000	276,000
Property and equipment, estimated useful lives			25 years
Land Improvements [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, cost	$ 2,941,958	2,941,958
Land Improvements [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, estimated useful lives	7 years
Land Improvements [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, estimated useful lives	25 years
Building [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, cost	$ 3,812,223	3,812,223
Building [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, estimated useful lives	10 years
Building [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, estimated useful lives	39 years
Animal Shelters and Habitats [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, cost	$ 3,498,692	3,428,620
Animal Shelters and Habitats [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, estimated useful lives	10 years
Animal Shelters and Habitats [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, estimated useful lives	39 years
Park Animals [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, cost	$ 1,291,580	1,279,080
Park Animals [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, estimated useful lives	5 years
Park Animals [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, estimated useful lives	25 years
Equipment - Concession and Related [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, cost	$ 524,828	509,078
Equipment - Concession and Related [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, estimated useful lives	3 years
Equipment - Concession and Related [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, estimated useful lives	15 years
Equipment and Vehicles - Yard and Field [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, cost	$ 780,707	817,809
Equipment and Vehicles - Yard and Field [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, estimated useful lives	3 years
Equipment and Vehicles - Yard and Field [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, estimated useful lives	15 years
Vehicles - Buses and Rental [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, cost	$ 299,206	299,206
Vehicles - Buses and Rental [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, estimated useful lives	3 years
Vehicles - Buses and Rental [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, estimated useful lives	5 years
Rides and Entertainment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, cost	$ 172,154	172,154
Rides and Entertainment [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, estimated useful lives	5 years
Rides and Entertainment [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, estimated useful lives	7 years
Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, cost	$ 27,160	27,160
Furniture and Fixtures [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, estimated useful lives	5 years
Furniture and Fixtures [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, estimated useful lives	10 years
Projects in Process [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, cost	$ 314,638	$ 212,248

SCHEDULE OF OTHER CURRENT LIABI

SCHEDULE OF OTHER CURRENT LIABILITIES (Details) - USD ($)	Dec. 31, 2023	Oct. 01, 2023
Accounting Policies [Abstract]
Deferred revenue	$ 173,557	$ 143,511
Accrued professional fees	145,232	59,638
Accrued compensation	92,119	177,868
Accrued sales taxes	35,458	46,718
Accrued property taxes	16,985	49,183
Other accrued liabilities	95,159	94,425
Other current liabilities	$ 558,510	$ 571,343

SIGNIFICANT ACCOUNTING POLICI_4

SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) - USD ($)	3 Months Ended
	Dec. 31, 2023	Jan. 01, 2023	Oct. 01, 2023	Feb. 01, 2005
Property, Plant and Equipment [Line Items]
Long term debt	$ 3,680,000		$ 3,830,000
Short term investments	1,010,040
Accounts receivable	13,938		36,172
Inventory	431,546		419,149
Depreciation expenses	220,200	$ 212,700
Amortization of intangible assets	3,003	4,484
Deferred revenue	173,557		$ 143,511
Advertising and marketing expense	$ 241,826	$ 205,435
Stock options, number of shares authorized				5,000,000
Stock options, number of shares grants	0
Minimum [Member]
Property, Plant and Equipment [Line Items]
Intangible assets amortization period	3 years
Maximum [Member]
Property, Plant and Equipment [Line Items]
Intangible assets amortization period	10 years

TORNADO EXPENSES AND ASSET WR_2

TORNADO EXPENSES AND ASSET WRITE-OFFS (Details Narrative) - USD ($)	12 Months Ended
	Oct. 01, 2023	Dec. 31, 2023	Mar. 27, 2023	Mar. 26, 2023
Tornado Expenses And Asset Write-offs
Annual revenue, percentage			15%	10%
Tornado related expenses	$ 780,941
Tornado asset writeoffs	275,297
Investments	615,000	$ 31,500
Portion of anticipated damage proceeds received	687,283
Additional insurance proceeds expected	$ 50,000

SCHEDULE OF LONG TERM DEBT (Det

SCHEDULE OF LONG TERM DEBT (Details) - USD ($)	Dec. 31, 2023	Oct. 01, 2023
Debt Disclosure [Abstract]
Loan principal outstanding	$ 4,081,349	$ 4,271,521
Less: unamortized debt financing costs	(45,807)	(44,030)
Gross long-term debt	4,035,542	4,227,491
Less current portion of long-term debt, net of unamortized costs	(773,383)	(767,675)
Long-term debt	$ 3,262,159	$ 3,459,816

SCHEDULE OF MATURITIES OF LONG-

SCHEDULE OF MATURITIES OF LONG-TERM DEBT (Details) - USD ($)	Dec. 31, 2023	Oct. 01, 2023
Debt Disclosure [Abstract]
2024	$ 624,888
2025	810,136
2026	848,472
2027	888,654
2028	850,959
thereafter	58,240
Total	$ 4,081,349	$ 4,271,521

LONG-TERM DEBT (Details Narrati

LONG-TERM DEBT (Details Narrative) - USD ($)				3 Months Ended
	Jun. 30, 2021	Jun. 18, 2021	Apr. 27, 2020	Dec. 31, 2023	Jan. 01, 2023	Oct. 01, 2023
Short-Term Debt [Line Items]
Debt instrument, face amount				$ 3,680,000		$ 3,830,000
Long-term debt				4,081,349		$ 4,271,521
Interest expense				51,445	$ 58,736
Interest expense amortization				1,472	$ 1,472
Aggieland Wild Animal [Member]
Short-Term Debt [Line Items]
Asset acquisition, purchase price			$ 7,100,000
Payments to acquire businesses, cash			$ 1,380,000
2021 Term Loan [Member]
Short-Term Debt [Line Items]
Debt instrument, issuance date		Jun. 18, 2021
Debt instrument, description		2021 Refinancing
Debt instrument, face amount		$ 1,950,000
Debt instrument, interest rate		3.75%
Periodic payment description		payable in monthly installments
Periodic payment of term loan		$ 26,480
Debt instrument, maturity date		Jun. 18, 2028
Debt instrument, fee amount		$ 1,514
Long-term debt				1,310,000
Aggieland Seller Note [Member]
Short-Term Debt [Line Items]
Debt instrument, issuance date			Apr. 27, 2020
Debt instrument, face amount			$ 750,000
2020 Term Loan [Member]
Short-Term Debt [Line Items]
Debt instrument, description			2020 Term Loan
Debt instrument, face amount			$ 5,000,000
Debt instrument, interest rate			5%
Periodic payment of term loan			$ 53,213
Debt instrument, maturity date			Apr. 27, 2031
Debt instrument, fee amount			$ 62,375
Long-term debt				$ 2,770,000
Incremental proceeds of long term debt	$ 903,222
Prepayment of 2020 term loan	$ 1,000,000

LINES OF CREDIT (Details Narrat

LINES OF CREDIT (Details Narrative) - USD ($)			3 Months Ended
	Oct. 24, 2023	Oct. 19, 2023	Dec. 31, 2023	Jan. 01, 2023
Line of Credit Facility [Line Items]
Interest expense			$ 51,445	$ 58,736
Line Of Credit Fee Amortization [Member]
Line of Credit Facility [Line Items]
Interest expense			$ 1,250	$ 0
Aggieland Wild Animal Texas [Member]
Line of Credit Facility [Line Items]
Line of credit		$ 350,000
Line of credit maturity date		Oct. 11, 2024
line of credit maturity date		5.60%
Secured deposit		$ 350,000
Debt instrument maturity date		Oct. 11, 2024
Debt instrument effective percentage		3.60%
Debt instrument origination fee		$ 500
Wild Animal Georgia [Member]
Line of Credit Facility [Line Items]
Line of credit	$ 450,000
Line of credit maturity date	Oct. 24, 2024
line of credit maturity date	7.75%
Secured deposit	$ 450,000
Debt instrument maturity date	Nov. 13, 2024
Debt instrument effective percentage	5.25%
Debt instrument origination fee	$ 4,500

STOCKHOLDERS_ EQUITY (Details N

STOCKHOLDERS’ EQUITY (Details Narrative) - USD ($)						3 Months Ended
	Feb. 02, 2024	Dec. 04, 2023	Mar. 09, 2023	Feb. 14, 2023	Feb. 02, 2023	Dec. 31, 2023	Dec. 31, 2023	Apr. 02, 2023	Jan. 01, 2023	Oct. 01, 2023	Nov. 14, 2022
Deferred Compensation Arrangement with Individual, Excluding Share-Based Payments and Postretirement Benefits [Line Items]
Stock based compensation							$ 66,668
Officers And Director [Member]
Deferred Compensation Arrangement with Individual, Excluding Share-Based Payments and Postretirement Benefits [Line Items]
Percentage of outstanding common stock owned						33.40%	33.40%
Brady Employment Agreement [Member]
Deferred Compensation Arrangement with Individual, Excluding Share-Based Payments and Postretirement Benefits [Line Items]
Stock price										$ 0.37	$ 0.39
Stock based compensation							$ 9,169		$ 0
Seven Directors [Member]
Deferred Compensation Arrangement with Individual, Excluding Share-Based Payments and Postretirement Benefits [Line Items]
Annual compensation award to each director		$ 10,000			$ 10,000
Stock price		$ 0.275			$ 0.40
Shares issued for annual compensation award			162,500
Compensation expense						$ 79,999		$ 80,000
Stock based compensation						$ 57,499		65,000
Payment for cash							$ 22,500	15,000
Seven Directors [Member] | Subsequent Event [Member]
Deferred Compensation Arrangement with Individual, Excluding Share-Based Payments and Postretirement Benefits [Line Items]
Shares issued for annual compensation award	209,088
Three Directors [Member]
Deferred Compensation Arrangement with Individual, Excluding Share-Based Payments and Postretirement Benefits [Line Items]
Annual compensation award to each director		$ 10,000			$ 10,000
Chief Executive Officer [Member] | Brady Employment Agreement [Member]
Deferred Compensation Arrangement with Individual, Excluding Share-Based Payments and Postretirement Benefits [Line Items]
Number of shares				128,205
Compensation award cost expense								$ 50,000

SIGNIFICANT TRANSACTIONS WITH_2

SIGNIFICANT TRANSACTIONS WITH RELATED PARTIES (Details Narrative) - USD ($)							3 Months Ended		12 Months Ended
	Mar. 01, 2024	Jan. 01, 2024	Sep. 29, 2023	Feb. 14, 2023	Nov. 14, 2022	Jun. 01, 2022	Dec. 31, 2023	Jan. 01, 2023	May 31, 2024	Oct. 01, 2023	May 31, 2023
Related Party Transaction [Line Items]
Share based compensation							$ 66,668
Without Cause [Member]
Related Party Transaction [Line Items]
Severance compensation							245,833
Change in Control [Member]
Related Party Transaction [Line Items]
Severance compensation							335,833
Disability and Death [Member]
Related Party Transaction [Line Items]
Severance compensation							157,500
2022 Van Voorhis Employment Agreement [Member]
Related Party Transaction [Line Items]
Related party transaction, date						Jun. 01, 2022
Initial base annual compensation									$ 50,000		$ 100,000
Two Thousand Twenty Four White Employment Agreement [Member] | Subsequent Event [Member]
Related Party Transaction [Line Items]
Related party transaction, date		Jan. 01, 2024
Initial base annual compensation	$ 95,000	$ 90,000
Employee agreement term		2 years
Brady Employment Agreement [Member]
Related Party Transaction [Line Items]
Related party transaction, date					Nov. 14, 2022
Related party transaction, description of transaction					the Company and Ms. Brady, entered into an employment agreement (the “Brady Employment Agreement”)
Initial base annual compensation					$ 175,000
Percentage of annual performance incentive					25%
Revenue remaining performance obligation					$ 50,000
Number of shares			45,045		128,205					135,135
Share price					$ 0.39					$ 0.37
Sign on bonus					$ 5,000
Employee agreement term					5 years
Share based compensation							$ 9,169	$ 0
Brady Employment Agreement [Member] | Common Stock [Member]
Related Party Transaction [Line Items]
Number of shares, value				$ 50,000
Brady Employment Agreement [Member] | Common Stock One [Member]
Related Party Transaction [Line Items]
Number of shares, value				60,000
Brady Employment Agreement [Member] | Common Stock Two [Member]
Related Party Transaction [Line Items]
Number of shares, value				70,000
Brady Employment Agreement [Member] | Common Stock Three [Member]
Related Party Transaction [Line Items]
Number of shares, value				$ 75,000

INCOME TAXES (Details Narrative

INCOME TAXES (Details Narrative) - USD ($)	3 Months Ended
	Dec. 31, 2023	Jan. 01, 2023	Jan. 01, 2023
Operating Loss Carryforwards [Line Items]
Pre-tax income (loss)	$ 474,455	$ 183,560	$ 183,560
Income tax expense (benefit)	105,200	30,600	30,600
Income tax expense (benefit)	(105,200)	$ (30,600)	(30,600)
Domestic Tax Authority [Member]
Operating Loss Carryforwards [Line Items]
Income tax expense (benefit)	(97,500)		(40,400)
Income tax expense (benefit)	97,500		40,400
State and Local Jurisdiction [Member]
Operating Loss Carryforwards [Line Items]
Income tax expense (benefit)	(7,700)		(9,800)
Income tax expense (benefit)	$ 7,700		$ 9,800

SCHEDULE OF REVENUE BY REPORTIN

SCHEDULE OF REVENUE BY REPORTING SEGMENTS (Details) - USD ($)	3 Months Ended
	Dec. 31, 2023	Jan. 01, 2023	Jan. 01, 2023	Oct. 01, 2023
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenues	$ 1,897,625	$ 1,861,379
Income (loss) before income taxes	(474,455)	(183,560)	$ (183,560)
Depreciation and amortization	223,203	217,184
(Gain) loss on asset disposals, net	14,417
Other income, net	35,887	29,613
Interest expense	(51,445)	(58,736)
Total assets	19,640,058			$ 20,095,723
Segment Total [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Income (loss) before income taxes	223,049	286,174
Corporate Segment [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Income (loss) before income taxes	(444,326)	(223,427)
Total assets	588,189			541,910
GEORGIA
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenues	1,240,010	1,339,141
Income (loss) before income taxes	365,842	467,607
Total assets	7,801,055			8,519,619
MISSOURI
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenues	241,721	219,765
Income (loss) before income taxes	(106,768)	(91,469)
Total assets	3,172,304			3,335,794
TEXAS
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenues	415,894	302,473
Income (loss) before income taxes	(36,025)	$ (89,964)
Total assets	$ 8,078,510			$ 7,698,400