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Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Total revenue $ 11,535,664 $ 11,704,624 $ 12,447,947
Operating expenses:      
Total operating expenses 7,122,043 6,968,860 7,681,993
Depreciation and amortization 382,368 382,793 440,240
General and administrative expenses 1,717,209 1,739,383 1,668,718
Total expenses 9,221,620 9,091,036 9,790,951
Operating income 2,314,044 2,613,588 2,656,996
Interest expense 1,914,344 774,565 655,203
Adjust valuation of receivables 4,941,718 1,300,000 4,095,805
Net (loss) income before income taxes (4,542,018) 539,023 (2,094,012)
Income tax expense 839,928 917,088 930,397
Net loss from continuing operations (5,381,946) (378,065) (3,024,409)
Loss from discontinued operations net of tax benefit of $12,200 for 2018 0 0 (37,800)
Net loss $ (5,381,946) $ (378,065) $ (3,062,209)
Loss per share - basic:      
Net loss from continuing operations $ (.24) $ (0.02) $ (0.14)
Net loss $ (.24) $ (0.02) $ (0.14)
Weighted average number of common shares outstanding 22,215,512 22,052,859 21,249,607
Diluted loss per share:      
Net loss from continuing operations $ (.24) $ (0.02) $ (0.14)
Net loss [1] $ (.24) $ (0.02) $ (0.14)
Weighted average number of common shares outstanding [1] 23,465,512 23,315,695 26,094,292
Company-Owned Restaurants      
Total revenue $ 6,209,279 $ 4,830,199 $ 4,815,842
Operating expenses:      
Total operating expenses 4,938,133 4,250,406 3,909,142
Company-Owned Non-Traditional      
Total revenue 470,846 673,647 1,156,347
Operating expenses:      
Total operating expenses 447,040 626,453 1,145,106
Franchising      
Total revenue 4,841,229 6,162,576 6,422,315
Operating expenses:      
Total operating expenses 1,736,870 2,092,001 2,627,745
Administrative Fees and Other      
Total revenue $ 14,310 $ 38,202 $ 53,443
[1] Net loss per share is shown the same as basic loss per share because the underlying dilutive securities have an anti-dilutive effect.