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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
Revenue:        
Total revenue $ 2,610,509 $ 3,120,805 $ 5,329,771 $ 6,043,554
Operating expenses:        
Total operating expenses 1,148,951 1,818,857 2,763,579 3,478,197
Depreciation and amortization 98,279 76,446 164,226 170,045
General and administrative expenses 344,374 424,793 793,795 841,042
Total expenses 1,591,604 2,320,096 3,721,600 4,489,284
Operating income 1,018,905 800,709 1,608,171 1,554,270
Interest expense 323,165 220,268 1,249,454 347,171
Income before income taxes 695,740 580,441 358,717 1,207,099
Income tax expense (benefit) 0 139,305 (81,983) 289,703
Net income $ 695,740 $ 441,136 $ 440,700 $ 917,396
Earnings per share - basic:        
Net income before income tax $ 0.03 $ 0.03 $ 0.02 $ 0.06
Net income $ 0.03 $ 0.02 $ 0.02 $ 0.04
Weighted average number of common shares outstanding 22,215,512 21,742,291 22,215,512 21,707,300
Diluted earnings per share:        
Net income before income tax $ 0.03 $ 0.02 $ 0.02 $ 0.05
Net income $ 0.03 $ 0.02 $ 0.02 $ 0.04
Weighted average number of common shares outstanding 23,465,512 25,663,140 23,465,512 25,633,674
Company-Owned Craft Pizza & Pub        
Revenue:        
Total revenue $ 1,406,865 $ 1,329,465 $ 2,499,813 $ 2,472,079
Operating expenses:        
Total operating expenses 804,340 1,120,934 1,776,369 2,131,853
Company-Owned Non-traditional        
Revenue:        
Total revenue 111,433 160,020 266,117 330,522
Operating expenses:        
Total operating expenses 76,983 153,109 229,226 306,818
Franchising Revenue Non-traditional        
Revenue:        
Total revenue 1,088,344 1,620,208 2,555,723 3,213,222
Operating expenses:        
Total operating expenses 267,628 544,814 757,984 1,039,526
Administrative Fees and Other        
Revenue:        
Total revenue $ 3,867 $ 11,112 $ 8,118 $ 27,731