v3.10.0.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Revenue:        
Total revenue $ 10,098,400 $ 10,725,363 $ 30,493,839 $ 31,350,678
Expenses:        
Restaurant cost of sales 3,259,223 3,605,213 9,912,091 10,376,160
Restaurant operating expenses 5,781,284 6,119,561 17,008,047 17,649,532
Restaurant pre-opening and closing expenses 113,000 34,349 312,652 139,545
General and administrative expenses 1,092,529 952,959 3,407,612 3,413,001
Asset impairment charge 838,928 1,731,267 1,472,890
Depreciation and amortization 523,680 572,798 1,594,673 1,768,837
Total operating expenses 10,769,716 12,123,808 33,966,342 34,819,965
Operating loss [1] (671,316) (1,398,445) (3,472,503) (3,469,287)
Other (expense) income        
Interest expense (630,223) (462,870) (1,895,162) (1,946,712)
Loss on debt refinancing (95,310)
Other income (expense) (223,439) 37,838 (217,949) 50,050
Total other expense (853,662) (425,032) (2,113,111) (1,991,972)
Loss from continuing operations before income taxes (1,524,978) (1,823,477) (5,585,614) (5,461,259)
Income tax benefit (expense) 206,366 (56,070) 779,361 (169,398)
Consolidated net loss (1,318,612) (1,879,547) (4,806,253) (5,630,657)
Less net loss attributable to non-controlling interest: 80,737 168,772 210,484 245,943
Net loss attributable to Chanticleer Holdings, Inc. (1,237,895) (1,710,775) (4,595,769) (5,384,714)
Dividends on redeemable preferred stock (28,219) (28,219) (84,020) (79,988)
Net loss attributable to common shareholders of Chanticleer Holdings, Inc. $ (1,266,094) $ (1,738,994) $ (4,679,789) $ (5,464,702)
Net loss attributable to Chanticleer Holdings, Inc. per common share, basic and diluted: $ (0.34) $ (0.70) $ (1.35) $ (2.42)
Weighted average shares outstanding, basic and diluted 3,704,800 2,501,534 3,457,145 2,258,013
Restaurant Sales, Net [Member]        
Revenue:        
Total revenue $ 9,848,302 $ 10,479,274 $ 29,802,969 $ 30,657,215
Gaming Income, Net [Member]        
Revenue:        
Total revenue 111,301 115,267 285,578 328,855
Management Fee Income [Member]        
Revenue:        
Total revenue 24,999 24,999 74,997 74,982
Franchise Income [Member]        
Revenue:        
Total revenue $ 113,798 $ 105,823 $ 330,295 $ 289,626
[1] Note that Operating Income (Loss) includes non-cash impairment charges of $1.7 million and $1.5 for the nine months ended September 30, 2018 and 2017, respectively and $0 and $0.8 million for the three months ended September 30, 2018 and 2017, respectively.

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