Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations and Comprehensive Loss

v2.4.0.8
Consolidated Statements of Operations and Comprehensive Loss (USD $)
 12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Revenue:    
Restaurant sales, net $ 8,144,035 $ 6,752,323
Management fee income - non-affiliates 103,452 100,000
Total revenue 8,247,487 6,852,323
Expenses:    
Restaurant cost of sales 3,031,457 2,761,949
Restaurant operating expenses 4,909,580 3,785,034
Restaurant pre-opening expenses 56,902 204,126
General and administrative expense 4,233,629 2,309,405
Depreciation and amortization 622,274 383,454
Total expenses 12,853,842 9,443,968
Loss from operations (4,606,355) (2,591,645)
Other income (expense)    
Equity in earnings (losses) of investments (125,017) (14,803)
Interest and other income 82,411 23
Interest expense (757,733) (474,926)
Change in fair value of derivative liabilities 119,600 0
Total other expense (680,739) (489,706)
Loss from continuing operations before income taxes (5,287,094) (3,081,351)
Provision for income taxes 40,935 19,205
Loss from continuing operations (5,328,029) (3,100,556)
Loss from discontinued operations, net of taxes (25,215) (293,977)
Consolidated net loss (5,353,244) (3,394,533)
Less: Net loss attributable to non-controlling interest 139,125 227,968
Net loss attributable to Chanticleer Holdings, Inc. (5,214,119) (3,166,565)
Net loss attributable to Chanticleer Holdings, Inc.:    
Loss from continuing operations (5,188,904) (2,872,588)
Loss from discontinued operations (25,215) (293,977)
Net loss attributable to Chanticleer Holdings, Inc. (5,214,119) (3,166,565)
Other comprehensive loss:    
Unrealized gain (loss) on available-for-sale securities (none applies to non-controlling interest) 3,984 (261,404)
Foreign translation gains 90,384 29,013
Other comprehensive loss $ (5,119,751) $ (3,398,956)
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) $ (1.19) $ (1.13)
Discontinued operations attributable to common shareholders, basic and diluted (in dollars per share) $ (0.01) $ (0.12)
Weighted average shares outstanding (in shares) 4,365,468 2,541,696