v3.19.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Revenue:        
Total revenue $ 10,710,773 $ 10,399,924 $ 20,908,543 $ 20,395,439
Expenses:        
Restaurant cost of sales 3,515,186 3,376,693 6,792,765 6,652,868
Restaurant operating expenses 6,557,415 5,640,614 12,987,959 11,226,763
Restaurant pre-opening and closing expenses 76,713 96,770 142,888 199,652
General and administrative expenses 1,714,399 1,121,666 3,212,017 2,315,083
Asset impairment charge 1,277,590 54,212 1,369,081 1,731,267
Depreciation and amortization 554,016 530,314 1,096,417 1,070,993
Total expenses 13,695,319 10,820,269 25,601,127 23,196,626
Operating loss (2,984,546) (420,345) (4,692,584) (2,801,187)
Other expense        
Interest expense (167,520) (629,858) (379,290) (1,264,939)
Other income (expense) (177,771) 7,605 (196,045) 5,490
Total other expense (345,291) (622,253) (575,335) (1,259,449)
Loss before income taxes (3,329,837) (1,042,598) (5,267,919) (4,060,636)
Income tax benefit (expense) (5,829) 236,798 (56,410) 572,995
Consolidated net loss (3,335,666) (805,800) (5,324,329) (3,487,641)
Less: Net loss attributable to non-controlling interests 118,867 45,340 234,458 129,747
Net loss attributable to Chanticleer Holdings, Inc. (3,216,799) (760,460) (5,089,871) (3,357,894)
Dividends on redeemable preferred stock (28,006) (28,007) (55,800) (55,801)
Net loss attributable to common shareholders of Chanticleer Holdings, Inc. $ (3,244,805) $ (788,467) $ (5,145,671) $ (3,413,695)
Net loss attributable to Chanticleer Holdings, Inc. per common share, basic and diluted: $ (0.83) $ (0.23) $ (1.34) $ (1.02)
Weighted average shares outstanding, basic and diluted 3,926,879 3,494,803 3,835,661 3,331,296
Restaurant Sales, Net [Member]        
Revenue:        
Total revenue $ 10,378,518 $ 10,185,159 $ 20,288,546 $ 19,954,667
Gaming Income, Net [Member]        
Revenue:        
Total revenue 109,536 81,122 225,621 174,277
Management Fee Income [Member]        
Revenue:        
Total revenue 25,000 24,999 50,000 49,998
Franchise Income [Member]        
Revenue:        
Total revenue $ 197,719 $ 108,644 $ 344,376 $ 216,497

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