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Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Consolidated Statements of Operations    
Restaurant revenue - company-owned restaurants $ 8,744,158 $ 9,704,169
Restaurant revenue - company-owned non-traditional 934,662 712,517
Franchising revenue 4,665,187 4,002,824
Administrative fees and other 29,567 33,255
Total revenue 14,373,574 14,452,765
Operating expenses:    
Restaurant expenses - company-owned restaurants 7,813,176 8,516,405
Restaurant expenses - company-owned non-traditional 792,532 704,665
Franchising expenses 231,695 2,185,751
Total operating expenses 8,837,403 11,406,821
Depreciation and amortization 379,516 450,550
General and administrative $ 1,548,878 2,167,678
Defense against activist shareholder 168,092  
Total expenses $ 10,933,889 14,025,049
Operating income 3,439,685 427,716
Interest expense 1,744,488 1,884,147
Change in fair value of warrants 234,913 0
Net income (loss) before income taxes 1,460,284 (1,456,431)
Income tax expense (benefit) 0 (142,435)
Net income (loss) $ 1,460,284 $ (1,313,996)
Income (loss)per share - basic: Net income (loss) $ 0.07 $ (0.06)
Weighted average number of common shares outstanding 22,215,512 22,215,512
Diluted income (loss)per share: Net income (loss) (1) $ 0.06 $ (0.06)
Weighted average number of common shares outstanding 23,599,853 22,215,512