v3.19.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Revenue:    
Total revenue $ 10,197,770 $ 9,995,516
Expenses:    
Restaurant cost of sales 3,277,579 3,276,175
Restaurant operating expenses 6,430,544 5,586,149
Restaurant pre-opening and closing expenses 66,175 102,882
General and administrative expenses 1,497,618 1,193,417
Asset impairment charge 91,491 1,677,055
Depreciation and amortization 542,401 540,679
Total expenses 11,905,808 12,376,357
Operating loss (1,708,038) (2,380,841)
Other expense    
Interest expense (211,770) (635,081)
Other income (expense) (18,274) (2,114)
Total other expense (230,044) (637,195)
Loss before income taxes (1,938,082) (3,018,036)
Income tax benefit (expense) (50,581) 336,197
Consolidated net loss (1,988,663) (2,681,839)
Less: Net loss attributable to non-controlling interests 115,591 84,407
Net loss attributable to Chanticleer Holdings, Inc. (1,873,072) (2,597,432)
Dividends on redeemable preferred stock (27,794) (27,794)
Net loss attributable to common shareholders of Chanticleer Holdings, Inc. $ (1,900,866) $ (2,625,226)
Net loss attributable to Chanticleer Holdings, Inc. per common share, basic and diluted: $ (0.51) $ (0.83)
Weighted average shares outstanding, basic and diluted 3,721,436 3,165,972
Restaurant Sales, Net [Member]    
Revenue:    
Total revenue $ 9,910,028 $ 9,769,508
Gaming Income, Net [Member]    
Revenue:    
Total revenue 116,085 93,155
Management Fee Income [Member]    
Revenue:    
Total revenue 25,000 25,000
Franchise Income [Member]    
Revenue:    
Total revenue $ 146,657 $ 107,853

Source