| 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 periods presented. The Company does not aggregate
or review non-current assets at the segment level.
| |
|
Three Months Ended |
|
|
Six Months Ended |
|
| |
|
June 30, 2017 |
|
|
June 30, 2016 |
|
|
June 30, 2017 |
|
|
June 30, 2016 |
|
| Revenue: |
|
|
|
|
|
|
|
|
|
|
|
|
| Hooters Full Service |
|
$ |
3,392,766 |
|
|
$ |
3,338,259 |
|
|
$ |
6,528,229 |
|
|
$ |
6,512,172 |
|
| Better Burgers Fast Casual |
|
|
6,010,542 |
|
|
|
5,898,316 |
|
|
|
11,326,830 |
|
|
|
11,449,966 |
|
| Just Fresh Fast Casual |
|
|
1,337,017 |
|
|
|
1,490,419 |
|
|
|
2,720,274 |
|
|
|
2,851,632 |
|
| Corporate and Other |
|
|
24,992 |
|
|
|
25,000 |
|
|
|
49,982 |
|
|
|
50,000 |
|
| |
|
$ |
10,765,317 |
|
|
$ |
10,751,994 |
|
|
$ |
20,625,315 |
|
|
$ |
20,863,770 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Operating Income (Loss): |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Hooters Full Service |
|
$ |
(546,770 |
) |
|
$ |
54,196 |
|
|
$ |
(589,616 |
) |
|
$ |
43,744 |
|
| Better Burgers Fast Casual |
|
|
110,488 |
|
|
|
7,524 |
|
|
|
(58,622 |
) |
|
|
(60,514 |
) |
| Just Fresh Fast Casual |
|
|
(109,524 |
) |
|
|
45,753 |
|
|
|
(45,884 |
) |
|
|
(27,455 |
) |
| Corporate and Other |
|
|
(535,649 |
) |
|
|
(490,540 |
) |
|
|
(1,376,720 |
) |
|
|
(1,244,925 |
) |
| |
|
$ |
(1,081,455 |
) |
|
$ |
(383,067 |
) |
|
$ |
(2,070,842 |
) |
|
$ |
(1,289,150 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Depreciation and Amortization |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Hooters Full Service |
|
$ |
142,759 |
|
|
$ |
132,650 |
|
|
$ |
278,938 |
|
|
$ |
261,926 |
|
| Better Burgers Fast Casual |
|
|
379,331 |
|
|
|
365,092 |
|
|
|
755,963 |
|
|
|
730,224 |
|
| Just Fresh Fast Casual |
|
|
79,726 |
|
|
|
79,247 |
|
|
|
159,452 |
|
|
|
154,370 |
|
| Corporate and Other |
|
|
843 |
|
|
|
953 |
|
|
|
1,686 |
|
|
|
1,862 |
|
| |
|
$ |
602,659 |
|
|
$ |
577,942 |
|
|
$ |
1,196,039 |
|
|
$ |
1,148,382 |
|
|
| 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 periods presented.
| |
|
Three Months Ended |
|
|
Six Months Ended |
|
| |
|
June 30, 2017 |
|
|
June 30, 2016 |
|
|
June 30, 2017 |
|
|
June 30, 2016 |
|
| Revenue: |
|
|
|
|
|
|
|
|
|
|
|
|
| United States |
|
$ |
8,598,831 |
|
|
$ |
8,675,754 |
|
|
$ |
16,510,926 |
|
|
$ |
16,904,900 |
|
| South Africa |
|
|
1,482,379 |
|
|
|
1,307,517 |
|
|
|
2,866,773 |
|
|
|
2,521,573 |
|
| Europe |
|
|
684,107 |
|
|
|
768,723 |
|
|
|
1,247,616 |
|
|
|
1,437,297 |
|
| |
|
$ |
10,765,317 |
|
|
$ |
10,751,994 |
|
|
$ |
20,625,315 |
|
|
$ |
20,863,770 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Operating Income (Loss): |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| United States |
|
$ |
(1,123,772 |
) |
|
$ |
(406,169 |
) |
|
$ |
(2,064,843 |
) |
|
$ |
(1,271,981 |
) |
| South Africa |
|
|
(28,453 |
) |
|
|
(57,571 |
) |
|
|
(85,514 |
) |
|
|
(117,629 |
) |
| Europe |
|
|
70,770 |
|
|
|
80,673 |
|
|
|
79,515 |
|
|
|
100,460 |
|
| |
|
$ |
(1,081,455 |
) |
|
$ |
(383,067 |
) |
|
$ |
(2,070,842 |
) |
|
$ |
(1,289,150 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Non-current Assets: |
|
|
|
|
|
|
|
|
|
|
June 30, 2017 |
|
|
|
December 31, 2016 |
|
| United States |
|
|
|
|
|
|
|
|
|
$ |
26,800,768 |
|
|
$ |
26,812,062 |
|
| South Africa |
|
|
|
|
|
|
|
|
|
|
1,299,979 |
|
|
|
2,519,135 |
|
| Europe |
|
|
|
|
|
|
|
|
|
|
2,466,918 |
|
|
|
2,361,246 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
$ |
30,567,665 |
|
|
$ |
31,692,443 |
|
|