XML 38 R5.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Statements of Cash Flows (USD $)
6 Months Ended
Mar. 31, 2013
Mar. 31, 2012
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (666,000) $ (747,000)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 369,000 406,000
Accretion of deferred rent 19,000  
Amortization of debt issuance costs 6,000 13,000
Stock based compensation expense 49,000 31,000
Unrealized gain on interest rate swap   (12,000)
Gain on disposal of property and equipment (80,000) (21,000)
(Increase) decrease in:    
Receivables and other (32,000) 19,000
Inventories (20,000) 8,000
Deposits and other (71,000) (3,000)
(Decrease) increase in:    
Accounts payable 117,000 (7,000)
Accrued liabilities and deferred income (22,000) 137,000
Net cash used in operating activities (331,000) (176,000)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Proceeds from the sale of fixed assets   305,000
Proceeds from sale leaseback transaction 3,329,000  
Payments for the purchase of property and equipment (2,140,000) (120,000)
Payments received (loans made) to franchisees and to others 3,000 (15,000)
Net cash provided by investing activities 1,192,000 170,000
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from preferred stock sale 1,499,000  
Principal payments on notes payable and long-term debt (1,571,000) (231,000)
Net distributions paid to non-controlling interests 8,000 (24,000)
Net cash used in financing activities (64,000) (255,000)
NET CHANGE IN CASH AND CASH EQUIVALENTS 797,000 (261,000)
CASH AND CASH EQUIVALENTS, beginning of period 616,000 847,000
CASH AND CASH EQUIVALENTS, end of period 1,413,000 586,000
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:    
Cash paid for interest 48,000 92,000
Preferred dividends declared 60,000  
Restaurant Building
   
Adjustments to reconcile net loss to net cash used in operating activities:    
Gain on disposal of property and equipment (12,000) (12,000)
Property and Equipment
   
Adjustments to reconcile net loss to net cash used in operating activities:    
Gain on disposal of property and equipment $ (68,000) $ (9,000)