Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.7.0.1
Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2017
Dec. 31, 2016
Current assets:    
Cash $ 377,695 $ 268,575
Restricted cash 275,463
Accounts and other receivables 330,055 524,481
Inventories 560,243 539,550
Prepaid expenses and other current assets 367,443 461,074
Assets held for sale, net 578,321
TOTAL CURRENT ASSETS 2,489,220 1,793,680
Property and equipment, net 10,342,514 11,513,693
Goodwill 12,540,817 12,405,770
Intangible assets, net 6,374,427 6,530,243
Investments 800,000 800,000
Deposits and other assets 509,907 442,737
TOTAL ASSETS 33,056,885 33,486,123
Current liabilities:    
Accounts payable and accrued expenses 5,040,696 5,553,068
Current maturities of long-term debt and notes payable, 928,870 6,171,649
Current maturities of capital leases payable 9,294 18,449
Due to related parties 194,350 194,350
Deferred rent 106,818 173,775
TOTAL CURRENT LIABILITIES 6,280,028 12,111,291
Long-term debt, less current portion, net of debt discount and deferred financing costs of $2,161,422 and $0, respectively 4,533,161 287,445
Convertible notes payable, net of debt discount (premium) of ($17,156) and $46,936, respectively 3,217,156 3,678,064
Redeemable preferred stock: no par value, 62,876 and 19,050 shares issued and outstanding, net of discount of $226,089 and $0, respectively 622,737 257,175
Deferred rent 2,207,160 1,961,751
Deferred tax liabilities 1,559,074 1,485,554
TOTAL LIABILITIES 18,419,316 19,781,280
Common stock subject to repurchase obligation; 0 and 56,290 shares issued and outstanding, respectively 349,000
Stockholders' equity:    
Preferred stock: no par value; authorized 5,000,000 shares; 62,876 and 19,050 issued issued and outstanding, respectively
Common stock: $0.0001 par value; authorized 45,000,000 shares; issued and outstanding 2,500,534 and 2,139,424 shares, respectively 250 213
Additional paid in capital 59,996,594 55,926,196
Accumulated other comprehensive loss (966,489) (1,155,658)
Accumulated deficit (45,357,031) (42,206,325)
Total Chanticleer Holdings, Inc, Stockholders' Equity 13,673,324 12,564,426
Non-Controlling Interests 964,245 791,417
TOTAL STOCKHOLDERS' EQUITY 14,637,569 13,355,843
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 33,056,885 $ 33,486,123