XML 14 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statements of Operations - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
REVENUES        
Restaurant revenue, net of discounts $ 712,470 $ 701,682 $ 2,079,349 $ 1,848,935
Restaurant operating costs:        
Cost of sale - food and beverage 214,962 292,231 710,142 641,346
Wages and payroll taxes 213,780 222,079 594,819 526,452
Occupancy 131,988 135,319 391,529 324,838
Other restaurant costs 90,107 45,107 201,962 184,201
Depreciation and Amortization 15,340 21,651 44,513 35,306
General & Administrative Expenses 126,722 87,280 355,394 283,670
Total costs and expenses 792,899 803,667 2,298,359 1,995,813
Loss from operations (80,429) (101,985) (219,010) (146,878)
Other (income) and expense        
Pre-opening expenses 0 0 0 19,712
Interest expense 30,710 33,489 104,511 94,372
Total other expenses 30,710 33,489 104,511 114,084
Loss before income taxes (111,139) (135,474) (323,521) (260,962)
Provision for income taxes 0 0 0 0
Net loss from continuing operations (111,139) (135,474) (323,521) (260,962)
Loss from discontinued operations, net of tax of $0 (486,932) 0 (486,932) 0
Net loss $ (598,071) $ (135,474) $ (323,521) $ (260,962)
Basic and diluted net loss per share - continuing operations $ 0 $ (0.01) $ (0.02) $ (0.02)
Basic and diluted net loss per share - discontinued operations $ (.02) $ 0 $ (.04) $ 0
Weighted average shares outstanding 28,060,892 15,088,544 19,460,178 10,767,892