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Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Total revenue $ 11,704,624 $ 12,447,947 $ 9,838,408
Operating expenses:      
Total operating expenses 6,968,860 7,681,993 4,987,843
Depreciation and amortization 382,793 440,240 240,854
General and administrative expenses 1,739,383 1,668,718 1,665,980
Total expenses 9,091,036 9,790,951 6,894,677
Operating income 2,613,588 2,656,996 2,943,732
Interest expense 774,565 655,203 1,474,027
Adjust valuation of receivables 1,300,000 4,095,805 440,000
Change in fair value of derivatives 0 0 174,737
Net income (loss) before income taxes 539,023 (2,094,012) 854,968
Income tax expense 917,088 930,397 4,146,459
Net loss from continuing operations (378,065) (3,024,409) (3,291,491)
Income (loss) from discontinued operations net of tax benefit of $57,431 for 2017 and $12,200 for 2018 0 (37,800) (93,436)
Net loss $ (378,065) $ (3,062,209) $ (3,384,927)
Earnings (loss) per share - basic:      
Net income (loss) from continuing operations $ (.02) $ (0.14) $ (0.16)
Net loss from discontinued operations net of tax benefit .00 0.00 0.00
Net income (loss) $ (.02) $ (0.14) $ (0.16)
Weighted average number of common shares outstanding 22,052,859 21,249,607 20,783,032
Diluted earnings (loss) per share:      
Net income (loss) from continuing operations [1] $ (0.02) $ (0.14) $ (0.16)
Net loss from discontinued operations net of tax benefit 0.00 .00 .00
Net income (loss) [1] $ (0.02) $ (0.14) $ (0.16)
Weighted average number of common shares outstanding 23,315,695 26,094,292 25,704,286
Company-Owned Restaurants      
Total revenue $ 4,830,199 $ 4,815,842 $ 1,820,737
Operating expenses:      
Total operating expenses 4,250,406 3,909,142 1,389,410
Company-Owned Non-Traditional      
Total revenue 673,647 1,156,347 1,173,728
Operating expenses:      
Total operating expenses 626,453 1,145,106 1,155,074
Franchising      
Total revenue 6,162,576 6,422,315 6,798,213
Operating expenses:      
Total operating expenses 2,092,001 2,627,745 2,443,359
Administrative Fees and Other      
Total revenue $ 38,202 $ 53,443 $ 45,730
[1] Net loss per share is shown the same as basic loss per share because the underlying dilutive securities have anti-dilutive effect.