Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Cash Flows

v2.4.1.9
Consolidated Statements of Cash Flows (USD $)
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Cash flows from operating activities:    
Net loss $ (6,646,833)us-gaap_IncomeLossBeforeExtraordinaryItemsAndCumulativeEffectOfChangeInAccountingPrinciple $ (5,353,244)us-gaap_IncomeLossBeforeExtraordinaryItemsAndCumulativeEffectOfChangeInAccountingPrinciple
Net loss from discontinued operations 920,960us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax 25,215us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax
Net loss from continuing operations (5,725,873)us-gaap_ProfitLoss (5,328,029)us-gaap_ProfitLoss
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 1,587,858us-gaap_DepreciationDepletionAndAmortization 622,274us-gaap_DepreciationDepletionAndAmortization
Equity in losses of investments 40,694us-gaap_IncomeLossFromEquityMethodInvestments 125,017us-gaap_IncomeLossFromEquityMethodInvestments
Common stock issued for services 711,891us-gaap_IssuanceOfStockAndWarrantsForServicesOrClaims 569,990us-gaap_IssuanceOfStockAndWarrantsForServicesOrClaims
Gain on sale of investments (101,472)us-gaap_GainLossOnSaleOfInvestments   
Amortization of debt discount 1,400,392us-gaap_AmortizationOfDebtDiscountPremium 566,867us-gaap_AmortizationOfDebtDiscountPremium
Amortization of warrants 89,500hotr_AmortizationOfWarrants   
Common stock and warrants issued for interest 161,814hotr_CommonStockAndWarrantsIssuedForInterest 486,272hotr_CommonStockAndWarrantsIssuedForInterest
Warrants issued in connection with convertible debt 70,969hotr_WarrantsIssuedInConnectionWithConvertibleDebt   
Change in the fair value of derivative liabilities (200,800)us-gaap_DerivativeGainLossOnDerivativeNet (119,600)us-gaap_DerivativeGainLossOnDerivativeNet
Gain on debt extinguishment    (70,900)us-gaap_GainsLossesOnExtinguishmentOfDebt
Increase in amounts due to affiliates 1,427,183us-gaap_IncreaseDecreaseInDueFromAffiliatesCurrent 52us-gaap_IncreaseDecreaseInDueFromAffiliatesCurrent
(Increase) decrease in accounts receivable (49,553)us-gaap_IncreaseDecreaseInAccountsReceivable 7,455us-gaap_IncreaseDecreaseInAccountsReceivable
Increase in other receivable    179,919us-gaap_IncreaseDecreaseInOtherReceivables
Decrease (increase) in prepaid expenses and other assets 120,456us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets (165,356)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
Increase in inventory 485,499us-gaap_IncreaseDecreaseInInventories 5,966us-gaap_IncreaseDecreaseInInventories
(Decrease) increase in accounts payable and accrued expenses (368,475)us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities 383,291us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
Deferred income taxes (653,828)us-gaap_IncreaseDecreaseInOtherDeferredLiability   
Net cash used in operating activities from continuing operations (1,003,745)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations (2,736,782)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
Net cash (used in) provided by operating activities from discontinued operations (23,195)us-gaap_CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations 32,583us-gaap_CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
Net cash used in operating activities (1,026,940)us-gaap_NetCashProvidedByUsedInOperatingActivities (2,704,199)us-gaap_NetCashProvidedByUsedInOperatingActivities
Cash flows from investing activities:    
Purchase of property and equipment (1,970,173)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (3,658,224)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Cash paid for acquisitions, net of cash acquired (322,473)us-gaap_CashAcquiredFromAcquisition 243,991us-gaap_CashAcquiredFromAcquisition
Proceeds from sale of investments 121,222us-gaap_ProceedsFromSaleOfInsuranceInvestments 99,934us-gaap_ProceedsFromSaleOfInsuranceInvestments
Purchase of investments    (674,084)us-gaap_PaymentsToAcquireInvestments
Franchise costs    (76,822)us-gaap_InitialFranchiseFees
Net cash used in investing activities from continuing operations (2,171,424)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations (4,065,205)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
Net cash used in investing activities from discontinued operations      
Net cash used in investing activities (2,171,424)us-gaap_NetCashProvidedByUsedInInvestingActivities (4,065,205)us-gaap_NetCashProvidedByUsedInInvestingActivities
Cash flows from financing activities:    
Proceeds from sale of common stock and warrants 1,206,746us-gaap_ProceedsFromIssuanceOfCommonStock 3,073,397us-gaap_ProceedsFromIssuanceOfCommonStock
Loan proceeds 2,072,951us-gaap_ProceedsFromIssuanceOfLongTermDebt 3,622,000us-gaap_ProceedsFromIssuanceOfLongTermDebt
Loan repayments (202,456)us-gaap_RepaymentsOfOtherLongTermDebt (756,299)us-gaap_RepaymentsOfOtherLongTermDebt
Capital lease payments (47,602)us-gaap_RepaymentsOfDebtAndCapitalLeaseObligations (45,356)us-gaap_RepaymentsOfDebtAndCapitalLeaseObligations
Net cash provided by financing activities from continuing operations 3,029,639us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations 5,893,742us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
Net cash provided by financing activities from discontinued operations      
Net cash provided by financing activities 3,029,639us-gaap_NetCashProvidedByUsedInFinancingActivities 5,893,742us-gaap_NetCashProvidedByUsedInFinancingActivities
Effect of exchange rate changes on cash (28,141)us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents 94,553us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents
Net decrease in cash (196,866)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease (781,109)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash, beginning of year 442,694us-gaap_CashAndCashEquivalentsAtCarryingValue 1,223,803us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash, end of year 245,828us-gaap_CashAndCashEquivalentsAtCarryingValue 442,694us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash paid for interest and income taxes:    
Interest 320,260us-gaap_InterestPaid 92,049us-gaap_InterestPaid
Income taxes 45,517us-gaap_IncomeTaxesPaid 25,928us-gaap_IncomeTaxesPaid
Non-cash investing and financing activities:    
Purchase of equipment using capital leases    121,930hotr_PurchaseOfEquipmentUsingCapitalLeases
Debt assumed in connection with business combinations 5,000,000hotr_DebtAssumedInConnectionWithBusinessCombinations   
Issuance of stock and warrants in connection with business combinations 5,401,639hotr_IssuanceOfStockAndWarrantsInConnectionWithBusinessCombinations   
Repurchase of shares and warrants in connection with discontinued operation 446,069hotr_RepurchaseOfSharesAndWarrantsInConnectionWithDiscontinuedOperation   
Debt discount for fair value of warrants and conversion feature issued in connection with debt 1,026,800hotr_DebtDiscountForFairValueOfWarrantsAndConversionFeatureIssuedInConnectionWithDebt 2,115,400hotr_DebtDiscountForFairValueOfWarrantsAndConversionFeatureIssuedInConnectionWithDebt
Purchases of businesses:    
Current assets excluding cash 636,894hotr_NoncashOrPartNoncashAcquisitionCurrentAssetsExcludingCash 475,326hotr_NoncashOrPartNoncashAcquisitionCurrentAssetsExcludingCash
Property and equipment 7,945,152us-gaap_NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1 3,263,146us-gaap_NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
Goodwill 11,394,009us-gaap_GoodwillAcquiredDuringPeriod 6,135,262us-gaap_GoodwillAcquiredDuringPeriod
Trade name/trademarks/franchise fees 559,304us-gaap_NoncashOrPartNoncashAcquisitionIntangibleAssetsAcquired1 2,794,443us-gaap_NoncashOrPartNoncashAcquisitionIntangibleAssetsAcquired1
Deposits and other assets 136,025us-gaap_NoncashOrPartNoncashAcquisitionOtherAssetsAcquired1 98,035us-gaap_NoncashOrPartNoncashAcquisitionOtherAssetsAcquired1
Deferred Taxes    (1,340,000)hotr_BusinessAcquisitionPurchasePriceAllocationDeferredTaxLiabilities
Liabilities assumed (4,165,235)us-gaap_NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed1 (2,145,129)us-gaap_NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed1
Non-controlling interest (4,753,288)hotr_NoncashOrPartNoncashAcquisitionInterestAttributableToNoncontrollingInterest (463,571)hotr_NoncashOrPartNoncashAcquisitionInterestAttributableToNoncontrollingInterest
Chanticleer equity (1,028,749)hotr_NoncashOrPartNoncashAcquisitionInterestAttributableToParent   
Common stock and warrants issued (5,401,639)hotr_CommonStockAndWarrantsIssued (5,321,203)hotr_CommonStockAndWarrantsIssued
Assumption of debt (5,000)hotr_AssumptionOfDebt   
Cash paid (350,000)hotr_CashPaid (3,740,000)hotr_CashPaid
Cash received in excess of cash paid in acquisition $ 27,527hotr_CashReceivedInExcessOfCashPaidForNoncashTransactionInAcquisition $ 243,991hotr_CashReceivedInExcessOfCashPaidForNoncashTransactionInAcquisition