Was used by my old skater friend's after a skating spot was overly skated. This is can be used almost anywhere, where something is overly done.
" Man this spot is fresh out "
" Ah, im fresh out "
The state of not having something someone needs at a giving time.
The state of running out of something just as someone needs/wants it.
John: Hey, do you have any gum?
Matt: Sorry man, I'm fresh out.
People waiting in line wanting to buy concert tickets:
"Are there any tickets left?"
"Sorry guys, we're fresh out"