Significant Accounting Policies (Details Narrative) - USD ($) |
3 Months Ended | |||
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Mar. 31, 2018 |
Mar. 31, 2017 |
Jan. 02, 2018 |
Dec. 31, 2017 |
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Accounting Policies [Abstract] | ||||
Accumulated deficit | $ (52,776,873) | $ 1,100,000 | $ (49,109,303) | |
Deferred revenue | $ 1,100,000 | |||
Franchise income | 107,853 | $ 75,786 | ||
Royalty revenue | 86,335 | |||
Initial fees | $ 21,518 |
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- References No definition available.
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- Definition Amount of deferred revenue as of balance sheet date. Deferred revenue represents collections of cash or other assets related to a revenue producing activity for which revenue has not yet been recognized. Generally, an entity records deferred revenue when it receives consideration from a customer before achieving certain criteria that must be met for revenue to be recognized in conformity with GAAP. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Revenue earned during the period from consideration (often a percentage of the franchisee's sales) received for the right to operate a business using the entity's name, merchandise, services, methodologies, promotional support, marketing, and supplies. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The amount of initial franchise fees. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The cumulative amount of the reporting entity's undistributed earnings or deficit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Revenue earned during the period from the leasing or otherwise lending to a third party the entity's rights or title to certain property. Royalty revenue is derived from a percentage or stated amount of sales proceeds or revenue generated by the third party using the entity's property. Examples of property from which royalties may be derived include patents and oil and mineral rights. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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