v3.20.1
Consolidated Balance Sheets - USD ($)
Dec. 31, 2019
Dec. 31, 2018
Current assets:    
Cash $ 500,681 $ 523,776
Restricted cash 336 335
Accounts and other receivables, net 131,887 325,355
Inventories 287,111 335,214
Prepaid expenses and other current assets 249,579 159,206
TOTAL CURRENT ASSETS 1,169,594 1,343,886
Property and equipment, net 5,630,490 9,756,272
Operating lease assets 11,668,026
Goodwill 8,567,888 10,564,353
Intangible assets, net 3,656,995 4,469,815
Investments 381,397 800,000
Deposits and other assets 309,462 386,081
Assets of discontinued operations 149,000 2,472,833
TOTAL ASSETS 31,532,852 29,793,240
Current liabilities:    
Accounts payable and accrued expenses 8,165,195 6,176,138
Current maturities of long-term debt and notes payable 6,630,961 3,663,192
Current maturities of convertible notes payable 3,000,000
Current operating lease liabilities 3,299,309
Due to related parties 185,726
TOTAL CURRENT LIABILITIES 18,095,465 13,025,056
Long-term debt 3,000,000
Redeemable preferred stock: no par value, 62,876 shares issued and outstanding, net of discount of $139,131 and $173,914, respectively 709,695 674,912
Deferred rent 2,297,199
Long-term operating lease liabilities 14,382,354
Deferred revenue 959,445 1,174,506
Deferred tax liabilities 102,304 76,765
Liabilities of discontinued operations 435,600 1,287,277
TOTAL LIABILITIES 34,684,863 21,535,715
Commitments and contingencies (see Note 16)
Equity (Deficit):    
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 10,404,347 and 3,715,444 shares, respectively 1,041 373
Additional paid in capital 71,505,989 64,756,903
Accumulated other comprehensive loss (46,437) (202,115)
Accumulated deficit (75,068,385) (57,124,673)
Total Chanticleer Holdings, Inc, Stockholders' Equity (3,607,792) 7,430,488
Non-Controlling Interests 455,781 827,037
TOTAL EQUITY (DEFICIT) (3,152,011) 8,257,525
TOTAL LIABILITIES AND EQUITY (DEFICIT) $ 31,532,852 $ 29,793,240

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