v3.19.2
Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2019
Dec. 31, 2018
Current assets:    
Cash $ 579,006 $ 629,871
Restricted cash 336 335
Accounts and other receivables, net 518,930 387,239
Inventories 421,045 478,314
Prepaid expenses and other current assets 249,853 179,377
TOTAL CURRENT ASSETS 1,769,170 1,675,136
Property and equipment, net 9,012,388 10,467,841
Operating lease assets 17,712,994
Goodwill 11,274,818 11,280,465
Intangible assets, net 4,887,580 5,123,159
Investments 365,000 800,000
Deposits and other assets 401,659 446,639
TOTAL ASSETS 45,423,609 29,793,240
Current liabilities:    
Accounts payable and accrued expenses 9,527,741 7,386,506
Current maturities of long-term debt and notes payable 6,619,671 3,740,101
Current maturities of convertible notes payable 3,000,000
Current operating lease liabilities 3,594,747
Due to related parties 137,408 185,726
TOTAL CURRENT LIABILITIES 19,879,567 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 $156,523 and $173,914, respectively 692,303 674,912
Deferred rent 2,297,199
Long-term operating lease liabilities 16,800,480
Deferred revenue 1,007,531 1,174,506
Deferred tax liabilities 119,915 76,765
TOTAL LIABILITIES 38,499,796 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 7,014,023 and 3,715,444 shares, respectively 703 373
Additional paid in capital 71,210,203 64,756,903
Common stock subscribed, unissued 300
Subscriptions receivable (2,694,530)
Accumulated other comprehensive loss (232,110) (202,115)
Accumulated deficit (62,270,344) (57,124,673)
Total Chanticleer Holdings, Inc, Stockholders' Equity 6,014,222 7,430,488
Non-Controlling Interests 909,591 827,037
TOTAL EQUITY 6,923,813 8,257,525
TOTAL LIABILITIES AND EQUITY $ 45,423,609 $ 29,793,240

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