Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations

v2.4.0.8
Condensed Consolidated Statements of Operations (USD $)
 3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Revenue:        
Restaurant sales, net $ 1,641,043 $ 1,696,123 $ 3,283,165 $ 3,083,618
Management fee income - non-affiliates 25,000 25,000 50,000 50,000
Total revenue 1,666,043 1,721,123 3,333,165 3,133,618
Expenses:        
Restaurant cost of sales 635,348 709,612 1,263,236 1,291,163
Restaurant operating expenses 932,250 923,290 1,912,405 1,692,622
Restaurant pre-opening expenses 10,201 23,499 10,201 64,220
General and administrative expenses 620,668 610,754 1,350,737 1,060,412
Depreciation and amortization 129,876 87,161 244,100 167,185
Total expenses 2,328,343 2,354,316 4,780,679 4,275,602
Loss from operations (662,300) (633,193) (1,447,514) (1,141,984)
Other income (expense)        
Equity in losses of investments (18,806) (33,348) (33,053) (43,886)
Gain on extinguishment of debt     70,900 0
Miscellaneous income 1,263 0 3,825 0
Interest expense (18,443) (208,102) (55,386) (393,212)
Total other expense (35,986) (241,450) (13,714) (437,098)
Loss from continuing operations before income taxes (698,286) (874,643) (1,461,228) (1,579,082)
Provision for income taxes 12,106 0 21,197 0
Loss from continuing operations (710,392) (874,643) (1,482,425) (1,579,082)
Loss from discontinued operations, net of taxes (24,980) (38,660) (15,111) (100,523)
Consolidated net loss (735,372) (913,303) (1,497,536) (1,679,605)
Less: Net loss attributable to non-controlling interest 28,428 69,687 52,759 132,204
Net Income (Loss) Attributable to Parent (681,964) (843,616) (1,444,777) (1,547,401)
Net loss attributable to Chanticleer Holdings, Inc.:        
Loss from continuing operations (681,964) (843,616) (1,444,777) (1,547,401)
Loss from discontinued operations (24,980) (38,660) (15,111) (100,523)
Net loss (681,964) (843,616) (1,444,777) (1,547,401)
Other comprehensive loss:        
Unrealized loss on available-for-sale securities (none applies to non-controlling interest) (13,202) (132,021) (36,966) (237,639)
Foreign translation income 41,400 7,666 54,916 (1,048)
Other comprehensive loss $ (678,746) $ (967,971) $ (1,426,827) $ (1,786,088)
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) $ (0.18) $ (0.54) $ (0.39) $ (0.58)
Discontinued operations attributable to common shareholders, basic and diluted (in dollars per share) $ (0.01) $ (0.03) $ 0.00 $ (0.04)
Income (Loss) from Operations before Extraordinary Items, Per Basic and Diluted Share (in dollars per share) $ (0.19) $ (0.56) $ (0.39) $ (0.62)
Weighted average shares outstanding, basic and diluted (in shares) 3,701,928 1,502,418 3,700,420 2,498,882