| 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 years ended December 31, 2018 and 2017. The Company does
not aggregate or review non-current assets at the segment level.
| |
|
Year Ended |
|
| |
|
December 31, 2018 |
|
|
December 31, 2017 |
|
| Revenue: |
|
|
|
|
|
|
| Hooters Full Service |
|
$ |
13,841,917 |
|
|
$ |
13,508,220 |
|
| Better Burgers Fast Casual |
|
|
22,617,522 |
|
|
|
22,764,571 |
|
| Just Fresh Fast Casual |
|
|
4,054,270 |
|
|
|
5,060,072 |
|
| Corporate and Other |
|
|
100,000 |
|
|
|
100,000 |
|
| |
|
$ |
40,613,709 |
|
|
$ |
41,432,863 |
|
| |
|
|
|
|
|
|
|
|
| Operating Income (Loss): |
|
|
|
|
|
|
|
|
| Hooters Full Service |
|
$ |
(1,280,336 |
) |
|
$ |
(1,188,598 |
) |
| Better Burgers Fast Casual |
|
|
(1,216,513 |
) |
|
|
(537,971 |
) |
| Just Fresh Fast Casual |
|
|
(124,863 |
) |
|
|
(256,319 |
) |
| Corporate and Other |
|
|
(2,733,389 |
) |
|
|
(3,252,489 |
) |
| |
|
$ |
(5,355,101 |
) |
|
$ |
(5,235,377 |
) |
| |
|
|
|
|
|
|
|
|
| Depreciation and Amortization |
|
|
|
|
|
|
|
|
| Hooters Full Service |
|
$ |
399,914 |
|
|
$ |
496,996 |
|
| Better Burgers Fast Casual |
|
|
1,582,197 |
|
|
|
1,459,527 |
|
| Just Fresh Fast Casual |
|
|
178,100 |
|
|
|
322,904 |
|
| Corporate and Other |
|
|
3,374 |
|
|
|
3,374 |
|
| |
|
$ |
2,163,585 |
|
|
$ |
2,282,801 |
|
|
| 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 years ended December 31,
2018 and 2017:
| |
|
Year Ended |
|
| |
|
December 31, 2018 |
|
|
December 31, 2017 |
|
| Revenue: |
|
|
|
|
|
|
| United States |
|
$ |
31,930,427 |
|
|
$ |
32,804,708 |
|
| South Africa |
|
|
5,825,967 |
|
|
|
5,777,306 |
|
| Europe |
|
|
2,857,315 |
|
|
|
2,850,849 |
|
| |
|
$ |
40,613,709 |
|
|
$ |
41,432,863 |
|
| |
|
|
|
|
|
|
|
|
| Operating Income (Loss): |
|
|
|
|
|
|
|
|
| United States |
|
$ |
(5,666,969 |
) |
|
$ |
(4,554,429 |
) |
| South Africa |
|
|
139,088 |
|
|
|
(798,914 |
) |
| Europe |
|
|
172,780 |
|
|
|
117,966 |
|
| |
|
$ |
(5,355,101 |
) |
|
$ |
(5,235,377 |
) |
| Non-current Assets: |
|
December 31, 2018 |
|
|
December 31, 2017 |
|
| United States |
|
$ |
24,795,368 |
|
|
$ |
24,630,101 |
|
| South Africa |
|
|
909,514 |
|
|
|
1,203,610 |
|
| Europe |
|
|
2,413,222 |
|
|
|
2,549,747 |
|
| |
|
$ |
28,118,104 |
|
|
$ |
28,383,458 |
|
|