10-Q Filing

FAT BRANDS, INC CIK: 1705012 Q2 2019

Filing Information

Form Type	10-Q
Accession Number	`0001493152-19-012644`
Period End Date	20190630
Filing Date	20190814
Fiscal Year	2019
Fiscal Period	Q2
XBRL Instance	fat-20190630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 96 Income Statement 109 Cash Flow Statement 96 Stockholders Equity 35

Balance Sheet 96 line items

Line Item	Tag	Value	Unit	Period
Dividends payable to related parties, current	`DividendsPayableToRelatedPartiesCurrent`	$74.00K	USD	Point-in-time
Dividends payable to related parties, current	`DividendsPayableToRelatedPartiesCurrent`	$42.00K	USD	Point-in-time
Dividends payable to related parties, noncurrent	`DividendsPayableToRelatedPartiesNoncurrent`	$17.00K	USD	Point-in-time
Dividends payable to related parties, noncurrent	`DividendsPayableToRelatedPartiesNoncurrent`	$30.00K	USD	Point-in-time
Cash	`Cash`	$653.00K	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$595.00K	USD	Point-in-time
Cash	`Cash`	$540.00K	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$641.00K	USD	Point-in-time
Notes receivable, net of allowance	`AllowanceForDoubtfulAccountsReceivable`	$37.00K	USD	Point-in-time
Notes receivable, net of allowance	`AllowanceForDoubtfulAccountsReceivable`	$37.00K	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $641 and $595, respectively	`AccountsReceivableNetCurrent`	$3.05M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $641 and $595, respectively	`AccountsReceivableNetCurrent`	$1.78M	USD	Point-in-time
Notes receivable - noncurrent, net of allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableNoncurrent`	$86.00K	USD	Point-in-time
Notes receivable, net of allowance of $37	`ReceivablesNetCurrent`	$227.00K	USD	Point-in-time
Notes receivable - noncurrent, net of allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableNoncurrent`	$112.00K	USD	Point-in-time
Notes receivable, net of allowance of $37	`ReceivablesNetCurrent`	$65.00K	USD	Point-in-time
Assets classified as held for sale	`AssetsHeldForSaleNotPartOfDisposalGroupCurrent`	$5.23M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Assets classified as held for sale	`AssetsHeldForSaleNotPartOfDisposalGroupCurrent`	-	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$367.00K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	25.00M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$1.04M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	25.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	11.83M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$3.54M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$9.41M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	11.55M	shares	Point-in-time
Notes receivable - noncurrent, net of allowance for doubtful accounts of $86 and $112, respectively	`NotesReceivableNoncurrentNetOfAllowanceForDoubtfulAccounts`	$212.00K	USD	Point-in-time
Notes receivable - noncurrent, net of allowance for doubtful accounts of $86 and $112, respectively	`NotesReceivableNoncurrentNetOfAllowanceForDoubtfulAccounts`	$1.93M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	11.55M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	11.83M	shares	Point-in-time
Due from affiliates	`DueFromAffiliates`	$15.51M	USD	Point-in-time
Due from affiliates	`DueFromAffiliates`	$20.27M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$2.57M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$2.24M	USD	Point-in-time
Operating lease right of use assets	`OperatingLeaseRightOfUseAsset`	-	USD	Point-in-time
Operating lease right of use assets	`OperatingLeaseRightOfUseAsset`	$1.15M	USD	Point-in-time
Goodwill	`Goodwill`	$11.99M	USD	Point-in-time
Goodwill	`Goodwill`	$10.39M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$30.20M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$23.29M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$2.78M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$673.00K	USD	Point-in-time
Total assets	`Assets`	$78.19M	USD	Point-in-time
Total assets	`Assets`	$57.96M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$4.42M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$6.47M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$4.77M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$3.71M	USD	Point-in-time
Accrued advertising	`AccruedAdvertisingCurrent`	$369.00K	USD	Point-in-time
Accrued advertising	`AccruedAdvertisingCurrent`	$208.00K	USD	Point-in-time
Accrued interest payable	`InterestPayableCurrent`	$1.07M	USD	Point-in-time
Accrued interest payable	`InterestPayableCurrent`	$2.25M	USD	Point-in-time
Deferred income	`ContractWithCustomerLiabilityCurrent`	$1.08M	USD	Point-in-time
Deferred income	`ContractWithCustomerLiabilityCurrent`	$1.02M	USD	Point-in-time
Dividend payable on mandatorily redeemable preferred shares (includes amounts due to related parties of $74 and $42 as of June 30, 2019 and December 30, 2018, respectively)	`DividendPayableOnRedeemablePreferredShares`	$391.00K	USD	Point-in-time
Dividend payable on mandatorily redeemable preferred shares (includes amounts due to related parties of $74 and $42 as of June 30, 2019 and December 30, 2018, respectively)	`DividendPayableOnRedeemablePreferredShares`	$768.00K	USD	Point-in-time
Liabilities related to assets classified as held for sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation`	-	USD	Point-in-time
Liabilities related to assets classified as held for sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation`	$3.37M	USD	Point-in-time
Current portion of operating lease liability	`OperatingLeaseLiabilityCurrent`	-	USD	Point-in-time
Current portion of operating lease liability	`OperatingLeaseLiabilityCurrent`	$461.00K	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$23.84M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$15.40M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$27.61M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$41.98M	USD	Point-in-time
Deferred income - noncurrent	`ContractWithCustomerLiabilityNoncurrent`	$6.15M	USD	Point-in-time
Deferred income - noncurrent	`ContractWithCustomerLiabilityNoncurrent`	$6.62M	USD	Point-in-time
Acquisition purchase price payable	`AcquisitionPurchasePricePayable`	$4.29M	USD	Point-in-time
Acquisition purchase price payable	`AcquisitionPurchasePricePayable`	$3.50M	USD	Point-in-time
Operating lease liability, net of current portion	`OperatingLeaseLiabilityNoncurrent`	-	USD	Point-in-time
Operating lease liability, net of current portion	`OperatingLeaseLiabilityNoncurrent`	$706.00K	USD	Point-in-time
Mandatorily redeemable preferred shares, net	`RedeemablePreferredShares`	$14.19M	USD	Point-in-time
Mandatorily redeemable preferred shares, net	`RedeemablePreferredShares`	$14.22M	USD	Point-in-time
Deferred dividend payable on mandatorily redeemable preferred shares (includes amounts due to related parties of $30 and $17 as of June 30, 2019 and December 30, 2018, respectively)	`DeferredDividendPayableOnMandatorilyRedeemablePreferredShares`	$228.00K	USD	Point-in-time
Deferred dividend payable on mandatorily redeemable preferred shares (includes amounts due to related parties of $30 and $17 as of June 30, 2019 and December 30, 2018, respectively)	`DeferredDividendPayableOnMandatorilyRedeemablePreferredShares`	$428.00K	USD	Point-in-time
Long-term debt, net of current portion	`LongTermDebtNoncurrent`	-	USD	Point-in-time
Long-term debt, net of current portion	`LongTermDebtNoncurrent`	$5.55M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$78.00K	USD	Point-in-time
Other liabilities	`OtherLiabilities`	-	USD	Point-in-time
Total liabilities	`Liabilities`	$52.22M	USD	Point-in-time
Total liabilities	`Liabilities`	$73.33M	USD	Point-in-time
Commitments and contingencies (Note 18)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 18)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $.0001 par value; 25,000,000 shares authorized; 11,826,765 and 11,546,589 shares issued and outstanding at June 30, 2019 and December 30, 2018, respectively	`CommonStockValue`	$11.09M	USD	Point-in-time
Common stock, $.0001 par value; 25,000,000 shares authorized; 11,826,765 and 11,546,589 shares issued and outstanding at June 30, 2019 and December 30, 2018, respectively	`CommonStockValue`	$10.76M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-6.24M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-5.02M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$2.01M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$4.86M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$5.74M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$6.59M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$5.20M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$-1.23M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$57.96M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$78.19M	USD	Point-in-time

Income Statement 109 line items

Line Item	Tag	Value	Unit	Period
Royalties	`RoyaltiesRevenue`	$7.13M	USD	2 Qtrs
Royalties	`RoyaltiesRevenue`	$3.66M	USD	1 Quarter
Royalties	`RoyaltiesRevenue`	$5.43M	USD	2 Qtrs
Royalties	`RoyaltiesRevenue`	$2.86M	USD	1 Quarter
Franchise fees	`FranchiseFees`	$299.00K	USD	1 Quarter
Franchise fees	`FranchiseFees`	$698.00K	USD	2 Qtrs
Franchise fees	`FranchiseFees`	$1.31M	USD	2 Qtrs
Franchise fees	`FranchiseFees`	$994.00K	USD	1 Quarter
Store opening fees	`StoreOpeningFees`	$184.00K	USD	1 Quarter
Store opening fees	`StoreOpeningFees`	$105.00K	USD	1 Quarter
Store opening fees	`StoreOpeningFees`	$289.00K	USD	2 Qtrs
Store opening fees	`StoreOpeningFees`	$105.00K	USD	2 Qtrs
Advertising fees	`AdvertisingRevenues`	$1.03M	USD	1 Quarter
Advertising fees	`AdvertisingRevenues`	$1.23M	USD	2 Qtrs
Advertising fees	`AdvertisingRevenues`	$630.00K	USD	1 Quarter
Advertising fees	`AdvertisingRevenues`	$2.01M	USD	2 Qtrs
Management fees and other income	`ManagementFeesAndOtherIncome`	$14.00K	USD	1 Quarter
Management fees and other income	`ManagementFeesAndOtherIncome`	$23.00K	USD	1 Quarter
Management fees and other income	`ManagementFeesAndOtherIncome`	$38.00K	USD	2 Qtrs
Management fees and other income	`ManagementFeesAndOtherIncome`	$32.00K	USD	2 Qtrs
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.91M	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$7.49M	USD	2 Qtrs
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$10.77M	USD	2 Qtrs
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$5.89M	USD	1 Quarter
Compensation expense	`EmployeeBenefitsAndShareBasedCompensation`	$1.46M	USD	1 Quarter
Compensation expense	`EmployeeBenefitsAndShareBasedCompensation`	$3.22M	USD	2 Qtrs
Compensation expense	`EmployeeBenefitsAndShareBasedCompensation`	$1.68M	USD	1 Quarter
Compensation expense	`EmployeeBenefitsAndShareBasedCompensation`	$2.79M	USD	2 Qtrs
Professional fees expense	`ProfessionalFees`	$558.00K	USD	2 Qtrs
Professional fees expense	`ProfessionalFees`	$348.00K	USD	1 Quarter
Professional fees expense	`ProfessionalFees`	$1.05M	USD	2 Qtrs
Professional fees expense	`ProfessionalFees`	$580.00K	USD	1 Quarter
Public company expense	`PublicCompanyExpense`	$266.00K	USD	1 Quarter
Public company expense	`PublicCompanyExpense`	$549.00K	USD	2 Qtrs
Public company expense	`PublicCompanyExpense`	$261.00K	USD	1 Quarter
Public company expense	`PublicCompanyExpense`	$481.00K	USD	2 Qtrs
Advertising expense	`AdvertisingExpense`	$1.23M	USD	2 Qtrs
Advertising expense	`AdvertisingExpense`	$630.00K	USD	1 Quarter
Advertising expense	`AdvertisingExpense`	$1.03M	USD	1 Quarter
Advertising expense	`AdvertisingExpense`	$2.01M	USD	2 Qtrs
Refranchising restaurant costs and expenses, net of revenue	`RefranchisingRestaurantCostsAndExpensesNetOfRevenue`	$1.02M	USD	2 Qtrs
Refranchising restaurant costs and expenses, net of revenue	`RefranchisingRestaurantCostsAndExpensesNetOfRevenue`	$503.00K	USD	1 Quarter
Refranchising restaurant costs and expenses, net of revenue	`RefranchisingRestaurantCostsAndExpensesNetOfRevenue`	-	USD	1 Quarter
Refranchising restaurant costs and expenses, net of revenue	`RefranchisingRestaurantCostsAndExpensesNetOfRevenue`	-	USD	2 Qtrs
Other	`OtherGeneralExpense`	$670.00K	USD	2 Qtrs
Other	`OtherGeneralExpense`	$724.00K	USD	2 Qtrs
Other	`OtherGeneralExpense`	$383.00K	USD	1 Quarter
Other	`OtherGeneralExpense`	$438.00K	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$4.49M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$5.72M	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$3.08M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$8.57M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$827.00K	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$2.20M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$1.77M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$1.40M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$2.52M	USD	2 Qtrs
Interest expense, net	`InterestExpense`	$436.00K	USD	2 Qtrs
Interest expense, net	`InterestExpense`	$834.00K	USD	1 Quarter
Interest expense, net	`InterestExpense`	$222.00K	USD	1 Quarter
Interest expense related to mandatorily redeemable preferred shares	`InterestExpenseOther`	$862.00K	USD	2 Qtrs
Interest expense related to mandatorily redeemable preferred shares	`InterestExpenseOther`	$431.00K	USD	1 Quarter
Interest expense related to mandatorily redeemable preferred shares	`InterestExpenseOther`	$78.00K	USD	1 Quarter
Interest expense related to mandatorily redeemable preferred shares	`InterestExpenseOther`	$78.00K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$147.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$278.00K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$73.00K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$40.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$846.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$870.00K	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-3.00K	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-2.00K	USD	1 Quarter
Total other expense, net	`NonoperatingIncomeExpense`	$-342.00K	USD	1 Quarter
Total other expense, net	`NonoperatingIncomeExpense`	$-2.79M	USD	2 Qtrs
Total other expense, net	`NonoperatingIncomeExpense`	$-590.00K	USD	2 Qtrs
Total other expense, net	`NonoperatingIncomeExpense`	$-566.00K	USD	1 Quarter
Income (loss) before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-593.00K	USD	2 Qtrs
Income (loss) before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.18M	USD	2 Qtrs
Income (loss) before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$485.00K	USD	1 Quarter
Income (loss) before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$836.00K	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$625.00K	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$1.34M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$296.00K	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$112.00K	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$373.00K	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-1.22M	USD	2 Qtrs
Net (loss) income	`NetIncomeLoss`	$882.00K	USD	2 Qtrs
Net (loss) income	`NetIncomeLoss`	$-508.00K	USD	1 Quarter
Basic (loss) income per common share	`EarningsPerShareBasic`	$-0.04	USD	1 Quarter
Basic (loss) income per common share	`EarningsPerShareBasic`	$0.09	USD	2 Qtrs
Basic (loss) income per common share	`EarningsPerShareBasic`	$-0.10	USD	2 Qtrs
Basic (loss) income per common share	`EarningsPerShareBasic`	$0.04	USD	1 Quarter
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	11,726.00	shares	2 Qtrs
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	10,395.00	shares	1 Quarter
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	11,726.00	shares	1 Quarter
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	10,304.00	shares	2 Qtrs
Diluted (loss) income per common share	`EarningsPerShareDiluted`	$-0.10	USD	2 Qtrs
Diluted (loss) income per common share	`EarningsPerShareDiluted`	$-0.04	USD	1 Quarter
Diluted (loss) income per common share	`EarningsPerShareDiluted`	$0.04	USD	1 Quarter
Diluted (loss) income per common share	`EarningsPerShareDiluted`	$0.09	USD	2 Qtrs
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	10,304.00	shares	2 Qtrs
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	11,726.00	shares	1 Quarter
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	11,726.00	shares	2 Qtrs
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	10,395.00	shares	1 Quarter
Cash dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$0.12	USD	1 Quarter
Cash dividends declared per common share	`CommonStockDividendsPerShareDeclared`	-	USD	2 Qtrs
Cash dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$0.24	USD	2 Qtrs
Cash dividends declared per common share	`CommonStockDividendsPerShareDeclared`	-	USD	1 Quarter
Cash dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$0.12	USD	Point-in-time

Cash Flow Statement 96 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`NetIncomeLoss`	$373.00K	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-1.22M	USD	2 Qtrs
Net (loss) income	`NetIncomeLoss`	$882.00K	USD	2 Qtrs
Net (loss) income	`NetIncomeLoss`	$-508.00K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-66.00K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-330.00K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$147.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$278.00K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$73.00K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$40.00K	USD	1 Quarter
Share-based compensation	`ShareBasedCompensation`	$159.00K	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$245.00K	USD	2 Qtrs
Accretion of debt discount	`AmortizationOfDebtDiscountPremium`	$1.09M	USD	2 Qtrs
Accretion of debt discount	`AmortizationOfDebtDiscountPremium`	-	USD	2 Qtrs
Change in operating right of use assets and lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	-	USD	2 Qtrs
Change in operating right of use assets and lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$194.00K	USD	2 Qtrs
Gain on sale refranchised restaurants	`GainLossOnSaleOfBusiness`	-	USD	2 Qtrs
Gain on sale refranchised restaurants	`GainLossOnSaleOfBusiness`	$970.00K	USD	2 Qtrs
Accretion of mandatorily redeemable preferred shares	`AccretionOfMandatorilyRedeemablePreferredShares`	$-32.00K	USD	2 Qtrs
Accretion of mandatorily redeemable preferred shares	`AccretionOfMandatorilyRedeemablePreferredShares`	-	USD	2 Qtrs
Accretion of purchase price liability	`AccretionOfPurchasePriceLiability`	-	USD	2 Qtrs
Accretion of purchase price liability	`AccretionOfPurchasePriceLiability`	$263.00K	USD	2 Qtrs
Recovery of bad debts	`AllowanceForLoanAndLeaseLossRecoveryOfBadDebts`	$8.00K	USD	2 Qtrs
Recovery of bad debts	`AllowanceForLoanAndLeaseLossRecoveryOfBadDebts`	$91.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$264.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$456.00K	USD	2 Qtrs
Trade notes receivable	`IncreaseDecreaseInNotesReceivableCurrent`	$-27.00K	USD	2 Qtrs
Trade notes receivable	`IncreaseDecreaseInNotesReceivableCurrent`	$-22.00K	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$201.00K	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-681.00K	USD	2 Qtrs
Accounts payable and accrued expense	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-410.00K	USD	2 Qtrs
Accounts payable and accrued expense	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$2.34M	USD	2 Qtrs
Accrued advertising	`IncreaseDecreaseInAccruedAdvertising`	$-352.00K	USD	2 Qtrs
Accrued advertising	`IncreaseDecreaseInAccruedAdvertising`	$-176.00K	USD	2 Qtrs
Accrued interest payable	`IncreaseDecreaseInInterestPayableNet`	$-1.19M	USD	2 Qtrs
Accrued interest payable	`IncreaseDecreaseInInterestPayableNet`	$-405.00K	USD	2 Qtrs
Deferred income	`IncreaseDecreaseInContractWithCustomerLiability`	$-290.00K	USD	2 Qtrs
Deferred income	`IncreaseDecreaseInContractWithCustomerLiability`	$-1.33M	USD	2 Qtrs
Dividend payable on mandatorily redeemable preferred shares	`IncreaseDecreaseDeferredDividendOnMandatorilyRedeemableShares`	$78.00K	USD	2 Qtrs
Dividend payable on mandatorily redeemable preferred shares	`IncreaseDecreaseDeferredDividendOnMandatorilyRedeemableShares`	$577.00K	USD	2 Qtrs
Other	`IncreaseDecreaseInOtherOperatingLiabilities`	$-183.00K	USD	2 Qtrs
Other	`IncreaseDecreaseInOtherOperatingLiabilities`	-	USD	2 Qtrs
Total adjustments	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$727.00K	USD	2 Qtrs
Total adjustments	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$-1.39M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-491.00K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-503.00K	USD	2 Qtrs
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$88.00K	USD	2 Qtrs
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$34.00K	USD	2 Qtrs
Proceeds from sale of refranchised restaurants	`ProceedsFromDivestitureOfBusinessesNetOfCashDivested`	$870.00K	USD	2 Qtrs
Proceeds from sale of refranchised restaurants	`ProceedsFromDivestitureOfBusinessesNetOfCashDivested`	-	USD	2 Qtrs
Acquisition of Elevation Burger, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$2.33M	USD	2 Qtrs
Acquisition of Elevation Burger, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.50M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-88.00K	USD	2 Qtrs
Proceeds from borrowings and associated warrants, net of issuance costs	`ProceedsFromDebtNetOfIssuanceCosts`	$23.05M	USD	2 Qtrs
Proceeds from borrowings and associated warrants, net of issuance costs	`ProceedsFromDebtNetOfIssuanceCosts`	$1.88M	USD	2 Qtrs
Issuance of mandatorily redeemable preferred shares and associated warrants	`IssuanceOfMandatorilyRedeemablePreferredSharesAndAssociatedWarrants`	-	USD	2 Qtrs
Issuance of mandatorily redeemable preferred shares and associated warrants	`IssuanceOfMandatorilyRedeemablePreferredSharesAndAssociatedWarrants`	$8.00M	USD	2 Qtrs
Repayments of borrowings	`RepaymentsOfShortTermDebt`	-	USD	2 Qtrs
Repayments of borrowings	`RepaymentsOfShortTermDebt`	$16.42M	USD	2 Qtrs
Repayments of loans from FCCG	`RepaymentsOfDebt`	$7.90M	USD	2 Qtrs
Repayments of loans from FCCG	`RepaymentsOfDebt`	-	USD	2 Qtrs
Change in due from affiliates	`RepaymentsOfRelatedPartyDebt`	$4.76M	USD	2 Qtrs
Change in due from affiliates	`RepaymentsOfRelatedPartyDebt`	$218.00K	USD	2 Qtrs
Dividends paid in cash	`PaymentsOfDividends`	$240.00K	USD	2 Qtrs
Dividends paid in cash	`PaymentsOfDividends`	$2.00K	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-7.00K	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	-	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.87M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.51M	USD	2 Qtrs
Net (decrease) increase in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$923.00K	USD	2 Qtrs
Net (decrease) increase in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-113.00K	USD	2 Qtrs
Cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$540.00K	USD	Point-in-time
Cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$32.00K	USD	Point-in-time
Cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$955.00K	USD	Point-in-time
Cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$653.00K	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$540.00K	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$32.00K	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$955.00K	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$653.00K	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$3.44M	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$1.32M	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	$135.00K	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	$116.00K	USD	2 Qtrs
Assets acquired under capital lease	`CapitalLeaseObligationsIncurred`	-	USD	2 Qtrs
Assets acquired under capital lease	`CapitalLeaseObligationsIncurred`	$121.00K	USD	2 Qtrs
Dividends declared and payable	`DividendsDeclaredAndPayable`	$1.35M	USD	2 Qtrs
Dividends declared and payable	`DividendsDeclaredAndPayable`	-	USD	2 Qtrs
Note payable to FCCG converted to common and preferred stock	`NotePayableToFccgConvertedToCommonAndPreferredStock`	$9.27M	USD	2 Qtrs
Note payable to FCCG converted to common and preferred stock	`NotePayableToFccgConvertedToCommonAndPreferredStock`	-	USD	2 Qtrs
Dividends reinvested in common stock	`DividendsReinvestedInCommonStock`	-	USD	2 Qtrs
Dividends reinvested in common stock	`DividendsReinvestedInCommonStock`	$960.00K	USD	2 Qtrs
Director fees converted to common stock	`DirectorFeesConvertedToCommonStock`	$180.00K	USD	2 Qtrs
Director fees converted to common stock	`DirectorFeesConvertedToCommonStock`	$330.00K	USD	2 Qtrs
Income taxes payable adjusting amounts due from affiliates	`IncomeTaxesPayableAdjustingAmountsDueFromAffiliates`	$204.00K	USD	2 Qtrs
Income taxes payable adjusting amounts due from affiliates	`IncomeTaxesPayableAdjustingAmountsDueFromAffiliates`	$46.00K	USD	2 Qtrs

Stockholders Equity 35 line items

Line Item	Tag	Value	Unit	Period
Balance, Beginning	`StockholdersEquity`	$2.01M	USD	Point-in-time
Balance, Beginning	`StockholdersEquity`	$4.86M	USD	Point-in-time
Balance, Beginning	`StockholdersEquity`	$5.74M	USD	Point-in-time
Balance, Beginning	`StockholdersEquity`	$6.59M	USD	Point-in-time
Balance, Beginning	`StockholdersEquity`	$5.20M	USD	Point-in-time
Balance, Beginning	`StockholdersEquity`	$-1.23M	USD	Point-in-time
Cumulative-effect adjustment from adoption of ASU 2014-09, Revenue from Contracts with Customers	`CumulativeEffectAdjustmentFromAdoption`	$-2.67M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$373.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-1.22M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$882.00K	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-508.00K	USD	1 Quarter
Common stock dividend	`StockIssuedDuringPeriodValueStockDividend`	$2.55M	USD	2 Qtrs
Common stock dividend	`StockIssuedDuringPeriodValueStockDividend`	$1.35M	USD	1 Quarter
Common stock dividend	`StockIssuedDuringPeriodValueStockDividend`	-	USD	2 Qtrs
Cash paid in lieu of fractional shares	`AdjustmentsToAdditionalPaidInCapitalStockSplit`	$-2.00K	USD	2 Qtrs
Issuance of common stock in lieu of director fees payable	`StockIssuedDuringPeriodValueOther`	$330.00K	USD	1 Quarter
Issuance of common stock in lieu of director fees payable	`StockIssuedDuringPeriodValueOther`	$90.00K	USD	1 Quarter
Issuance of common stock in lieu of director fees payable	`StockIssuedDuringPeriodValueOther`	$180.00K	USD	2 Qtrs
Issuance of common stock in lieu of director fees payable	`StockIssuedDuringPeriodValueOther`	$330.00K	USD	2 Qtrs
Issuance of common stock in payment of related party note	`IssuanceOfCommonStockInPaymentOfRelatedPartyNote`	$7.27M	USD	1 Quarter
Issuance of common stock in payment of related party note	`IssuanceOfCommonStockInPaymentOfRelatedPartyNote`	$7.27M	USD	2 Qtrs
Issuance of stock in lieu of dividend payable to FCCG	`IssuanceOfStockInLieuOfDividendPayable`	$960.00K	USD	1 Quarter
Issuance of stock in lieu of dividend payable to FCCG	`IssuanceOfStockInLieuOfDividendPayable`	$960.00K	USD	2 Qtrs
Issuance of warrants to purchase common stock	`IssuanceOfWarrantsToPurchaseCommonStock`	$112.00K	USD	1 Quarter
Issuance of warrants to purchase common stock	`IssuanceOfWarrantsToPurchaseCommonStock`	$112.00K	USD	2 Qtrs
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$78.00K	USD	1 Quarter
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$120.00K	USD	1 Quarter
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$245.00K	USD	2 Qtrs
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$159.00K	USD	2 Qtrs
Balance, Ending	`StockholdersEquity`	$2.01M	USD	Point-in-time
Balance, Ending	`StockholdersEquity`	$4.86M	USD	Point-in-time
Balance, Ending	`StockholdersEquity`	$5.74M	USD	Point-in-time
Balance, Ending	`StockholdersEquity`	$6.59M	USD	Point-in-time
Balance, Ending	`StockholdersEquity`	$5.20M	USD	Point-in-time
Balance, Ending	`StockholdersEquity`	$-1.23M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.