| Schedule of Revenues and Operating Income (loss) by Segment |
The following are revenues
and operating income (loss) from continuing operations by segment as of and for the periods presented. The Company does not aggregate
or review non-current assets at the segment level.
| |
|
Three Months Ended |
|
| |
|
March 31, 2018 |
|
|
March 31, 2017 |
|
| Revenue: |
|
|
|
|
|
|
|
|
| Hooters Full Service |
|
$ |
3,531,074 |
|
|
$ |
3,135,463 |
|
| Better Burgers Fast Casual |
|
|
5,360,522 |
|
|
|
5,316,287 |
|
| Just Fresh Fast Casual |
|
|
1,078,920 |
|
|
|
1,383,257 |
|
| Corporate and Other |
|
|
25,000 |
|
|
|
24,990 |
|
| |
|
$ |
9,995,516 |
|
|
$ |
9,859,997 |
|
| Operating Income (Loss): (1) |
|
|
|
|
|
|
| Hooters Full Service |
|
$ |
(1,335,554 |
) |
|
$ |
(42,846 |
) |
| Better Burgers Fast Casual |
|
|
(211,834 |
) |
|
|
(169,110 |
) |
| Just Fresh Fast Casual |
|
|
(43,414 |
) |
|
|
63,640 |
|
| Corporate and Other |
|
|
(790,039 |
) |
|
|
(841,072 |
) |
| |
|
$ |
(2,380,841 |
) |
|
$ |
(989,388 |
) |
(1) Note that
Operating Income (Loss) includes $1.7 million of non-cash impairment charges for the three months ended March 31, 2018
| Depreciation and Amortization |
|
|
|
|
|
|
|
|
| Hooters Full Service |
|
$ |
106,028 |
|
|
$ |
136,180 |
|
| Better Burgers Fast Casual |
|
|
389,282 |
|
|
|
376,631 |
|
| Just Fresh Fast Casual |
|
|
44,525 |
|
|
|
79,726 |
|
| Corporate and Other |
|
|
844 |
|
|
|
843 |
|
| |
|
$ |
540,679 |
|
|
$ |
593,380 |
|
|
| Summary of Revenues, Operating Loss, Long-Lived Assets By Geographic Area |
The following are revenues
and operating income (loss) from continuing operations and non-current assets by geographic region as of and for the periods presented.
| |
|
Three Months Ended |
|
| |
|
March 31, 2018 |
|
|
March 31, 2017 |
|
| Revenue: |
|
|
|
|
|
|
|
|
| United States |
|
$ |
7,782,401 |
|
|
$ |
7,912,094 |
|
| South Africa |
|
|
1,501,419 |
|
|
|
1,384,394 |
|
| Europe |
|
|
711,696 |
|
|
|
563,509 |
|
| |
|
$ |
9,995,516 |
|
|
$ |
9,859,997 |
|
| |
|
|
|
|
|
|
|
|
| Operating Income (Loss): (1) |
|
|
|
|
|
|
|
|
| United States |
|
$ |
(963,012 |
) |
|
$ |
(941,072 |
) |
| South Africa |
|
|
10,546 |
|
|
|
(57,061 |
) |
| Europe |
|
|
(1,428,375 |
) |
|
|
8,745 |
|
| |
|
$ |
(2,380,841 |
) |
|
$ |
(989,388 |
) |
(1) Note that
Operating Income (Loss) includes $1.7 million of non-cash impairment charges for the three months ended March 31, 2018
| Non-current Assets: |
|
March 31, 2018 |
|
|
December 31, 2017 |
|
| United States |
|
$ |
24,163,653 |
|
|
$ |
24,630,101 |
|
| South Africa |
|
|
1,217,477 |
|
|
|
1,203,610 |
|
| Europe |
|
|
- |
|
|
|
2,549,747 |
|
| |
|
$ |
25,381,130 |
|
|
$ |
28,383,458 |
|
|