Annual report pursuant to Section 13 and 15(d)

Segments of Business (Tables)

v3.19.1
Segments of Business (Tables)
12 Months Ended
Dec. 31, 2018
Segment Reporting [Abstract]  
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 years ended December 31, 2018 and 2017. The Company does not aggregate or review non-current assets at the segment level.

 

    Year Ended  
    December 31, 2018     December 31, 2017  
Revenue:            
Hooters Full Service   $ 13,841,917     $ 13,508,220  
Better Burgers Fast Casual     22,617,522       22,764,571  
Just Fresh Fast Casual     4,054,270       5,060,072  
Corporate and Other     100,000       100,000  
    $ 40,613,709     $ 41,432,863  
                 
Operating Income (Loss):                
Hooters Full Service   $ (1,280,336 )   $ (1,188,598 )
Better Burgers Fast Casual     (1,216,513 )     (537,971 )
Just Fresh Fast Casual     (124,863 )     (256,319 )
Corporate and Other     (2,733,389 )     (3,252,489 )
    $ (5,355,101 )   $ (5,235,377 )
                 
Depreciation and Amortization                
Hooters Full Service   $ 399,914     $ 496,996  
Better Burgers Fast Casual     1,582,197       1,459,527  
Just Fresh Fast Casual     178,100       322,904  
Corporate and Other     3,374       3,374  
    $ 2,163,585     $ 2,282,801  

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 years ended December 31, 2018 and 2017:

 

    Year Ended  
    December 31, 2018     December 31, 2017  
Revenue:            
United States   $ 31,930,427     $ 32,804,708  
South Africa     5,825,967       5,777,306  
Europe     2,857,315       2,850,849  
    $ 40,613,709     $ 41,432,863  
                 
Operating Income (Loss):                
United States   $ (5,666,969 )   $ (4,554,429 )
South Africa     139,088       (798,914 )
Europe     172,780       117,966  
    $ (5,355,101 )   $ (5,235,377 )

 

Non-current Assets:   December 31, 2018     December 31, 2017  
United States   $ 24,795,368     $ 24,630,101  
South Africa     909,514       1,203,610  
Europe     2,413,222       2,549,747  
    $ 28,118,104     $ 28,383,458