| 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 ended:
| |
|
Three Months Ended |
|
|
Six Months Ended |
|
| |
|
June 30, 2016 |
|
|
June 30, 2015 |
|
|
June 30, 2016 |
|
|
June 30, 2015 |
|
| Revenue: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Hooters Full Service |
|
$ |
3,338,259 |
|
|
$ |
3,653,985 |
|
|
$ |
6,512,171 |
|
|
$ |
7,419,385 |
|
| Better Burgers Fast Casual |
|
|
5,898,316 |
|
|
|
3,455,838 |
|
|
|
11,449,966 |
|
|
|
4,914,878 |
|
| Just Fresh Fast Casual |
|
|
1,490,419 |
|
|
|
1,466,234 |
|
|
|
2,851,632 |
|
|
|
2,771,421 |
|
| Corporate and Other |
|
|
25,000 |
|
|
|
25,000 |
|
|
|
50,000 |
|
|
|
50,000 |
|
| |
|
$ |
10,751,994 |
|
|
$ |
8,601,057 |
|
|
$ |
20,863,770 |
|
|
$ |
15,155,684 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Operating Income (Loss): |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Hooters Full Service |
|
$ |
54,196 |
|
|
$ |
(66,400 |
) |
|
$ |
43,745 |
|
|
$ |
(90,006 |
) |
| Better Burgers Fast Casual |
|
|
7,524 |
|
|
|
(520,602 |
) |
|
|
(60,514 |
) |
|
|
(833,264 |
) |
| Just Fresh Fast Casual |
|
|
45,753 |
|
|
|
(5,507 |
) |
|
|
(27,455 |
) |
|
|
37,294 |
|
| Corporate and Other |
|
|
(490,540 |
) |
|
|
(993,729 |
) |
|
|
(1,244,925 |
) |
|
|
(2,210,273 |
) |
| |
|
$ |
(383,067 |
) |
|
$ |
(1,586,238 |
) |
|
$ |
(1,289,150 |
) |
|
$ |
(3,096,249 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Depreciation and Amortization |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Hooters Full Service |
|
$ |
132,650 |
|
|
$ |
136,931 |
|
|
$ |
261,926 |
|
|
$ |
275,596 |
|
| Better Burgers Fast Casual |
|
|
365,092 |
|
|
|
70,023 |
|
|
|
730,224 |
|
|
|
215,738 |
|
| Just Fresh Fast Casual |
|
|
79,247 |
|
|
|
64,193 |
|
|
|
154,370 |
|
|
|
125,662 |
|
| Corporate and Other |
|
|
953 |
|
|
|
1,159 |
|
|
|
1,862 |
|
|
|
2,259 |
|
| |
|
$ |
577,942 |
|
|
$ |
272,306 |
|
|
$ |
1,148,382 |
|
|
$ |
619,255 |
|
|
| Summary of Revenues, Operating Loss, Long-Lived Assets By Geographic Area |
The following are
revenues and operating income (loss) from continuing operations for the periods ended June 30, 2016 and 2015 and long-lived assets
by geographic area as of June 30, 2016 and December 31, 2015:
| |
|
Three Months Ended |
|
|
Six Months Ended |
|
| |
|
June 30, 2016 |
|
|
June 30, 2015 |
|
|
June 30, 2016 |
|
|
June 30, 2015 |
|
| Revenue: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| United States |
|
$ |
8,675,755 |
|
|
$ |
6,230,214 |
|
|
$ |
16,904,900 |
|
|
$ |
10,327,757 |
|
| South Africa |
|
|
1,307,517 |
|
|
|
1,567,847 |
|
|
|
2,521,573 |
|
|
|
3,245,429 |
|
| Europe |
|
|
768,723 |
|
|
|
802,996 |
|
|
|
1,437,297 |
|
|
|
1,582,498 |
|
| |
|
$ |
10,751,994 |
|
|
$ |
8,601,057 |
|
|
$ |
20,863,770 |
|
|
$ |
15,155,684 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Operating Income (Loss): |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| United States |
|
$ |
(406,168 |
) |
|
$ |
(1,671,346 |
) |
|
$ |
(1,271,982 |
) |
|
$ |
(3,162,476 |
) |
| South Africa |
|
|
(57,571 |
) |
|
|
29,368 |
|
|
|
(117,629 |
) |
|
|
(24,260 |
) |
| Europe |
|
|
80,673 |
|
|
|
55,740 |
|
|
|
100,460 |
|
|
|
90,487 |
|
| |
|
$ |
(383,067 |
) |
|
$ |
(1,586,238 |
) |
|
$ |
(1,289,150 |
) |
|
$ |
(3,096,249 |
) |
| Non-current Assets: |
|
June 30, 2016 |
|
|
December 31, 2015 |
|
| United States |
|
$ |
27,218,192 |
|
|
$ |
27,348,207 |
|
| South Africa |
|
|
2,442,520 |
|
|
|
2,393,147 |
|
| Europe |
|
|
2,503,337 |
|
|
|
3,255,977 |
|
| |
|
|
|
|
|
|
|
|
| |
|
$ |
32,164,049 |
|
|
$ |
32,997,331 |
|
|