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 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Revenue:        
Restaurant sales, net $ 1,581,245 $ 1,710,632 $ 4,864,410 $ 4,794,250
Management fee income - non-affiliates 25,000 25,000 75,000 75,000
Total revenue 1,606,245 1,735,632 4,939,410 4,869,250
Expenses:        
Restaurant cost of sales 577,299 714,551 1,840,535 2,005,714
Restaurant operating expenses 920,630 943,618 2,833,035 2,636,240
Restaurant pre-opening expenses 7,337 125,947 17,538 190,167
General and administrative expenses 943,632 614,980 2,294,370 1,669,956
Depreciation and amortization 129,126 97,883 373,226 265,068
Total expenses 2,578,024 2,496,979 7,358,704 6,767,145
Loss from operations (971,779) (761,347) (2,419,294) (1,897,895)
Other income (expense)        
Equity in losses of investments (13,131) 33,412 (46,184) (10,474)
Gain on extinguishment of debt     70,900 0
Miscellaneous income 0 1,153 3,785 1,153
Change in fair value of derivative liability (75,900) 0 (75,900) 0
Interest expense (383,595) (39,583) (438,941) (432,795)
Total other expense (472,626) (5,018) (486,340) (442,116)
Loss from continuing operations before income taxes (1,444,405) (766,365) (2,905,634) (2,340,011)
Provision for income taxes 6,019 7,997 27,216 7,997
Loss from continuing operations (1,450,424) (774,362) (2,932,850) (2,348,008)
Loss from discontinued operations, net of taxes (4,403) (18,913) (19,513) (124,872)
Consolidated net loss (1,454,827) (793,275) (2,952,363) (2,472,880)
Less: Net loss attributable to non-controlling interest 31,355 53,509 84,114 185,711
Net loss attributable to Chanticleer Holdings, Inc. (1,423,472) (739,766) (2,868,249) (2,287,169)
Net loss attributable to Chanticleer Holdings, Inc.:        
Loss from continuing operations (1,419,069) (720,853) (2,848,736) (2,162,297)
Loss from discontinued operations (4,403) (18,913) (19,513) (124,872)
Net loss attributable to Chanticleer Holdings, Inc. (1,423,472) (739,766) (2,868,249) (2,287,169)
Other comprehensive (loss) income:        
Unrealized loss on available-for-sale securities (none applies to non-controlling interest) (7,922) (26,404) (44,887) (264,044)
Foreign currency translation gain 15,841 46,511 70,756 45,464
Other comprehensive loss $ (1,415,553) $ (719,659) $ (2,842,380) $ (2,505,749)
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) $ (0.38) $ (0.19) $ (0.77) $ (1.00)
Discontinued operations attributable to common shareholders, basic and diluted (in dollars per share) $ 0.00 $ (0.01) $ (0.01) $ (0.06)
Income (Loss) from Operations before Extraordinary Items, Per Basic and Diluted Share (in dollars per share) $ (0.38) $ (0.20) $ (0.77) $ (1.06)
Weighted average shares outstanding, basic and diluted (in shares) 3,704,526 3,698,896 3,701,804 2,153,148