Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.8.0.1
Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2018
Dec. 31, 2017
Current assets:    
Cash $ 411,081 $ 272,976
Restricted cash 102,584 165,517
Accounts and other receivables, net 344,769 475,988
Inventories 388,490 460,756
Prepaid expenses and other current assets 247,554 324,324
Assets held for sale, net 2,090,000 100,000
TOTAL CURRENT ASSETS 3,584,478 1,799,561
Property and equipment, net 8,203,981 8,548,592
Goodwill 10,164,374 12,647,806
Intangible assets, net 5,759,818 5,896,732
Investment at cost 800,000 800,000
Deposits and other assets 452,957 490,328
TOTAL ASSETS 28,965,608 30,183,019
Current liabilities:    
Accounts payable and accrued expenses 6,305,556 5,797,252
Current maturities of long-term debt and notes payable net of unamortized discount and deferred financing costs of $880,043 and $1,173,190, respectively 5,957,262 5,741,911
Current maturities of convertible notes payable 3,000,000 3,000,000
Due to related parties 191,850 191,850
TOTAL CURRENT LIABILITIES 15,454,668 14,731,013
Convertible notes payable, net of unamortized debt premium of $0 and $12,256, respectively 212,256
Redeemable preferred stock: no par value;authorized 5,000,000 shares; 62,876 shares issued and outstanding, net of unamortized discount of $200,002 and $208,697, respectively 648,824 640,129
Deferred rent 2,107,173 2,156,378
Deferred tax liabilities 443,163 779,359
Deferred revenue 1,236,636 175,000
TOTAL LIABILITIES 19,890,464 18,694,135
Stockholders' equity:    
Common stock: $0.0001 par value; authorized 45,000,000 shares; issued and outstanding 3,222,209 and 3,045,809 shares, respectively 323 305
Additional paid-in capital 61,263,606 60,750,330
Accumulated other comprehensive loss (109,960) (934,901)
Accumulated deficit (52,776,873) (49,109,303)
Total Chanticleer Holdings, Inc, Stockholders' Equity 8,377,096 10,706,431
Non-Controlling Interests 698,048 782,453
TOTAL STOCKHOLDERS' EQUITY 9,075,144 11,488,884
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 28,965,608 $ 30,183,019