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Condensed Consolidated Statements of Operations (unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
REVENUES        
Restaurant revenue, net of discounts $ 712,527 $ 944,424 $ 1,501,971 $ 1,784,039
Restaurant operating costs:        
Cost of sale - food and beverage 229,686 278,033 482,578 578,425
Wages and payroll taxes 192,496 294,990 476,680 564,271
Occupancy 186,013 164,186 381,555 300,142
Other restaurant costs 101,896 157,578 192,831 270,161
Depreciation and amortization 38,617 17,646 77,234 36,424
General & administrative expenses 241,176 558,409 481,249 905,241
Total costs and expenses 989,884 1,470,842 2,092,127 2,654,664
Loss from operations (277,357) (526,418) (590,156) (870,625)
Other (income) expenses        
Pre-opening expenses 0 52,329 0 52,329
Other Income (36,000) 0 (36,000) 0
Initial and change in fair value of derivative 20,916 208,269 (1,897,020) 743,612
(Gain) on debt extinguishment 0 (77,385) 0 (95,160)
Interest expense 364,488 475,883 868,193 736,589
Total other expenses 349,404 659,096 (1,064,827) 1,437,370
(Loss) income before income taxes (626,761) (1,185,514) 474,671 (2,307,995)
Provision for income taxes 0 0 0 0
Net (loss) income $ (626,761) $ (1,185,514) $ 474,671 $ (2,307,995)
Basic and diluted net (loss) per share $ 0 $ (.02) $ 0 $ (.05)
Weighted average shares outstanding 3,075,454,005 49,895,192 2,723,164,493 4,113,135