Annual report pursuant to Section 13 and 15(d)

Discontinued Operations (Tables)

v3.8.0.1
Discontinued Operations (Tables)
12 Months Ended
Dec. 31, 2017
Discontinued operations  
Schedule of Operating Results From Discontinued Operations Pre-Tax Loss

The major line items comprising the loss of discontinued operations are as follows:

 

   

Year ended

December 31, 2016

 
       
Revenue   $ 3,427,928  
Restaurant cost of sales     1,196,734  
Restaurant operating expenses     2,780,441  
General and administrative expenses     296,343  
Depreciation and amortization     436,144  
Other     22,893  
Loss of discontinued operations     (1,304,627 )
Loss on write-down of net assets     (3,762,253 )
Total pretax loss of discontinued operations     (5,066,880 )
Income tax     -  
Loss on discontinued operations   $ (5,066,880 )