Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations

v2.4.0.6
Condensed Consolidated Statements of Operations (USD $)
 3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Revenue:    
Restaurant sales, net $ 1,642,122 $ 1,387,495
Management fee income - non-affiliates 25,000 25,000
Total revenue 1,667,122 1,412,495
Expenses:    
Restaurant cost of sales 627,888 581,551
Restaurant operating expenses 980,155 769,332
Restaurant pre-opening expenses 0 40,721
General and administrative expenses 729,678 449,659
Depreciation and amortization 114,224 80,024
Total expenses 2,451,945 1,921,287
Loss from operations (784,823) (508,792)
Other income (expense)    
Equity in earnings (losses) of investments (14,247) (10,538)
Gain on extinguishment of debt 70,900 0
Miscellaneous income 2,562 0
Interest expense (36,943) (185,110)
Total other income (expense) 22,272 (195,648)
Loss from continuing operations before income taxes (762,551) (704,440)
Provision for income taxes 9,091 0
Loss from continuing operations (771,642) (704,440)
Income (loss) from discontinued operations, net of taxes 9,468 (61,863)
Consolidated net loss (762,174) (766,303)
Less: Net loss attributable to non-controlling interest 24,331 62,518
Net loss attributable to Chanticleer Holdings, Inc. (737,843) (703,785)
Net loss attributable to Chanticleer Holdings, Inc.:    
Loss from continuing operations (747,311) (641,922)
Income (loss) from discontinued operations 9,468 (61,863)
Net loss attributable to Chanticleer Holdings, Inc. (737,843) (703,785)
Other comprehensive income (loss):    
Unrealized loss on available-for-sale securities (none applies to non-controlling interest) (23,764) (105,618)
Foreign translation income (loss) 13,516 (8,714)
Other comprehensive loss $ (748,091) $ (818,117)
Net loss per attributable to Chanticleer Holdings, Inc. per common share, basic and diluted:    
Continuing operations attributable to common shareholders, basic and diluted (in dollars per share) $ (0.20) $ (0.26)
Discontinued operations attributable to common shareholders, basic and diluted (in dollars per share) $ 0.00 $ (0.02)
Income (Loss) from Operations before Extraordinary Items, Per Basic and Diluted Share (in dollars per share) $ (0.20) $ (0.28)
Weighted average shares outstanding, basic and diluted (in shares) 3,698,896 2,498,891