v3.19.1
Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2019
Dec. 31, 2018
Current assets:    
Cash $ 561,754 $ 629,871
Restricted cash 335 335
Accounts and other receivables, net 523,437 387,239
Inventories 424,585 478,314
Prepaid expenses and other current assets 192,973 179,377
TOTAL CURRENT ASSETS 1,703,084 1,675,136
Property and equipment, net 10,156,579 10,467,841
Operating lease assets 18,662,935
Goodwill 11,312,980 11,280,465
Intangible assets, net 5,002,878 5,123,159
Investments 800,000 800,000
Deposits and other assets 447,809 446,639
TOTAL ASSETS 48,086,265 29,793,240
Current liabilities:    
Accounts payable and accrued expenses 8,266,821 7,386,506
Current maturities of long-term debt and notes payable 6,772,324 3,740,101
Current maturities of convertible notes payable 3,000,000 3,000,000
Current operating lease liabilities 3,750,175
Due to related parties 185,726 185,726
TOTAL CURRENT LIABILITIES 21,975,046 14,312,333
Long-term debt 3,000,000
Redeemable preferred stock: no par value, 62,876 shares issued and outstanding, net of discount of $165,219 and $173,914, respectively 683,607 674,912
Deferred rent 2,297,199
Long-term operating lease liabilities 17,228,799
Deferred revenue 1,115,574 1,174,506
Deferred tax liabilities 119,915 76,765
TOTAL LIABILITIES 41,122,941 21,535,715
Commitments and contingencies (see Note 13)
Equity:    
Preferred stock: no par value; authorized 5,000,000 shares; 62,876 issued and outstanding
Common stock: $0.0001 par value; authorized 45,000,000 shares; issued and outstanding 3,731,786 and 3,715,444 shares, respectively 374 373
Additional paid in capital 65,126,235 64,756,903
Accumulated other comprehensive loss (164,283) (202,115)
Accumulated deficit (59,025,540) (57,124,673)
Total Chanticleer Holdings, Inc, Stockholders' Equity 5,936,786 7,430,488
Non-Controlling Interests 1,026,538 827,037
TOTAL EQUITY 6,963,324 8,257,525
TOTAL LIABILITIES AND EQUITY $ 48,086,265 $ 29,793,240

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