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Consolidated Statements of Operations - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
REVENUES        
Restaurant revenue, net of discounts $ 981,367 $ 806,989 $ 2,765,406 $ 2,244,075
Restaurant operating costs:        
Cost of sale - food and beverage 333,669 259,005 912,094 723,828
Wages and payroll taxes 368,147 144,250 932,418 599,355
Occupancy 187,299 134,962 487,441 385,027
Other restaurant costs 114,339 110,403 385,500 297,345
Depreciation and amortization 32,893 32,310 69,317 76,097
General & administrative expenses 392,672 281,893 1,297,913 834,174
Total costs and expenses 1,429,019 962,823 4,083,683 2,915,826
Loss from operations (447,652) (155,834) (1,318,277) (671,751)
Other expenses        
Pre-opening expenses 0 9,550 52,329 9,550
Initial and change in fair value of derivative 263,900 (408,469) 1,007,512 22,380
(Gain) loss on extinguishment of debt (300,347) 417,088 (395,507) 417,088
Interest expense 661,539 312,467 1,398,128 801,684
Total other expenses 625,092 330,636 2,062,462 1,451,802
Loss before income taxes (1,072,744) (486,470) (3,380,739) (2,123,553)
Provision for income taxes 0 0 0 0
Net loss $ (1,072,744) $ (486,470) $ (3,380,739) $ (2,123,553)
Basic and diluted net loss per share $ (.02) $ (.03) $ (.06) $ (.09)
Weighted average shares outstanding 67,539,285 17,800,808 52,142,349 22,720,442