10-Q Filing

FAT BRANDS, INC CIK: 1705012 Q2 2020

Filing Information

Form Type	10-Q
Accession Number	`0001493152-20-014906`
Period End Date	20200630
Filing Date	20200807
Fiscal Year	2020
Fiscal Period	Q2
XBRL Instance	fat-20200628.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 100 Income Statement 92 Cash Flow Statement 98 Stockholders Equity 30

Balance Sheet 100 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$470.00K	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$595.00K	USD	Point-in-time
Notes receivable, net of allowance	`AllowanceForDoubtfulAccountsReceivable`	$103.00K	USD	Point-in-time
Notes receivable, net of allowance	`AllowanceForDoubtfulAccountsReceivable`	$37.00K	USD	Point-in-time
Notes receivable - noncurrent, net of allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableNoncurrent`	$270.00K	USD	Point-in-time
Notes receivable - noncurrent, net of allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableNoncurrent`	$112.00K	USD	Point-in-time
Cash	`Cash`	$25.00K	USD	Point-in-time
Cash	`Cash`	$1.74M	USD	Point-in-time
Dividends payable to related parties, current	`DividendsPayableToRelatedPartiesCurrent`	$149.00K	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	-	USD	Point-in-time
Dividends payable to related parties, current	`DividendsPayableToRelatedPartiesCurrent`	$223.00K	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$1.35M	USD	Point-in-time
Dividends payable to related parties, noncurrent	`DividendsPayableToRelatedPartiesNoncurrent`	$99.00K	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $470 and $595, as of June 28, 2020 and December 29, 2019, respectively	`AccountsReceivableNetCurrent`	$2.47M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $470 and $595, as of June 28, 2020 and December 29, 2019, respectively	`AccountsReceivableNetCurrent`	$4.14M	USD	Point-in-time
Dividends payable to related parties, noncurrent	`DividendsPayableToRelatedPartiesNoncurrent`	$129.00K	USD	Point-in-time
Trade notes receivable, net of allowance for doubtful accounts of $103 and $37 as of June 28, 2020 and December 29, 2019, respectively	`ReceivablesNetCurrent`	$262.00K	USD	Point-in-time
Trade notes receivable, net of allowance for doubtful accounts of $103 and $37 as of June 28, 2020 and December 29, 2019, respectively	`ReceivablesNetCurrent`	$204.00K	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`	$3.38M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	25.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	25.00M	shares	Point-in-time
Assets classified as held for sale	`AssetsHeldForSaleNotPartOfDisposalGroupCurrent`	$5.13M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	11.86M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	11.89M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$985.00K	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$929.00K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	11.86M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$10.49M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$10.13M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	11.89M	shares	Point-in-time
Non-current restricted cash	`RestrictedCashNoncurrent`	-	USD	Point-in-time
Non-current restricted cash	`RestrictedCashNoncurrent`	$400.00K	USD	Point-in-time
Notes receivable - noncurrent, net of allowance for doubtful accounts of $270 and $112, as of June 28, 2020 and December 29, 2019, respectively	`NotesReceivableNoncurrentNetOfAllowanceForDoubtfulAccounts`	$1.80M	USD	Point-in-time
Notes receivable - noncurrent, net of allowance for doubtful accounts of $270 and $112, as of June 28, 2020 and December 29, 2019, respectively	`NotesReceivableNoncurrentNetOfAllowanceForDoubtfulAccounts`	$1.58M	USD	Point-in-time
Due from affiliates	`DueFromAffiliates`	$25.97M	USD	Point-in-time
Due from affiliates	`DueFromAffiliates`	$34.73M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$3.56M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$2.03M	USD	Point-in-time
Operating lease right of use assets	`OperatingLeaseRightOfUseAsset`	$860.00K	USD	Point-in-time
Operating lease right of use assets	`OperatingLeaseRightOfUseAsset`	$2.78M	USD	Point-in-time
Goodwill	`Goodwill`	$10.91M	USD	Point-in-time
Goodwill	`Goodwill`	$9.45M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$29.73M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$27.56M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$708.00K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$755.00K	USD	Point-in-time
Total assets	`Assets`	$90.89M	USD	Point-in-time
Total assets	`Assets`	$82.55M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$7.18M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$7.24M	USD	Point-in-time
Deferred income, current portion	`ContractWithCustomerLiabilityCurrent`	$895.00K	USD	Point-in-time
Deferred income, current portion	`ContractWithCustomerLiabilityCurrent`	$930.00K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$6.01M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$6.19M	USD	Point-in-time
Accrued advertising	`AccruedAdvertisingCurrent`	$543.00K	USD	Point-in-time
Accrued advertising	`AccruedAdvertisingCurrent`	$762.00K	USD	Point-in-time
Accrued interest payable	`InterestPayableCurrent`	$806.00K	USD	Point-in-time
Accrued interest payable	`InterestPayableCurrent`	$1.27M	USD	Point-in-time
Dividend payable on preferred shares (includes amounts due to related parties of $223 and $149 as of June 28, 2020 and December 29, 2019, respectively)	`DividendPayableOnRedeemablePreferredShares`	$1.42M	USD	Point-in-time
Dividend payable on preferred shares (includes amounts due to related parties of $223 and $149 as of June 28, 2020 and December 29, 2019, respectively)	`DividendPayableOnRedeemablePreferredShares`	$2.11M	USD	Point-in-time
Liabilities related to assets classified as held for sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation`	$2.30M	USD	Point-in-time
Liabilities related to assets classified as held for sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation`	$3.33M	USD	Point-in-time
Current portion of operating lease liability	`OperatingLeaseLiabilityCurrent`	$241.00K	USD	Point-in-time
Current portion of operating lease liability	`OperatingLeaseLiabilityCurrent`	$368.00K	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$24.50M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$661.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$21.15M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$45.61M	USD	Point-in-time
Deferred income - noncurrent	`ContractWithCustomerLiabilityNoncurrent`	$5.25M	USD	Point-in-time
Deferred income - noncurrent	`ContractWithCustomerLiabilityNoncurrent`	$5.25M	USD	Point-in-time
Acquisition purchase price payable	`AcquisitionPurchasePricePayable`	$4.26M	USD	Point-in-time
Acquisition purchase price payable	`AcquisitionPurchasePricePayable`	$4.50M	USD	Point-in-time
Preferred shares, net	`PreferredSharesNet`	$15.33M	USD	Point-in-time
Preferred shares, net	`PreferredSharesNet`	$15.46M	USD	Point-in-time
Deferred dividend payable on preferred shares (includes amounts due to related parties of $129 and $99 as of June 28, 2020 and December 29, 2019, respectively)	`DeferredDividendPayableOnMandatorilyRedeemablePreferredShares`	$628.00K	USD	Point-in-time
Deferred dividend payable on preferred shares (includes amounts due to related parties of $129 and $99 as of June 28, 2020 and December 29, 2019, respectively)	`DeferredDividendPayableOnMandatorilyRedeemablePreferredShares`	$828.00K	USD	Point-in-time
Operating lease liability, net of current portion	`OperatingLeaseLiabilityNoncurrent`	$639.00K	USD	Point-in-time
Operating lease liability, net of current portion	`OperatingLeaseLiabilityNoncurrent`	$2.47M	USD	Point-in-time
Long-term debt, net of current portion	`LongTermDebtNoncurrent`	$43.92M	USD	Point-in-time
Long-term debt, net of current portion	`LongTermDebtNoncurrent`	$5.22M	USD	Point-in-time
Derivative liability from conversion feature of preferred shares	`DerivativeLiabilityFromConversionFeatureOfPreferredShares`	-	USD	Point-in-time
Derivative liability from conversion feature of preferred shares	`DerivativeLiabilityFromConversionFeatureOfPreferredShares`	$1.14M	USD	Point-in-time
Total liabilities	`Liabilities`	$77.17M	USD	Point-in-time
Total liabilities	`Liabilities`	$94.48M	USD	Point-in-time
Commitments and contingencies (Note 17)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 17)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $.0001 par value; 25,000,000 shares authorized; 11,894,895 and 11,860,299 shares issued and outstanding at June 28, 2020 and December 29, 2019, respectively	`CommonStockValue`	$11.41M	USD	Point-in-time
Common stock, $.0001 par value; 25,000,000 shares authorized; 11,894,895 and 11,860,299 shares issued and outstanding at June 28, 2020 and December 29, 2019, respectively	`CommonStockValue`	$9.07M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-6.04M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-12.66M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$5.20M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$5.74M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$3.01M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$-3.59M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$5.38M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$4.86M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$82.55M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$90.89M	USD	Point-in-time

Income Statement 92 line items

Line Item	Tag	Value	Unit	Period
Royalties	`RoyaltiesRevenue`	$7.13M	USD	2 Qtrs
Royalties	`RoyaltiesRevenue`	$2.21M	USD	1 Quarter
Royalties	`RoyaltiesRevenue`	$5.52M	USD	2 Qtrs
Royalties	`RoyaltiesRevenue`	$3.66M	USD	1 Quarter
Franchise fees	`FranchiseFees`	$273.00K	USD	1 Quarter
Franchise fees	`FranchiseFees`	$449.00K	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`	-	USD	2 Qtrs
Store opening fees	`StoreOpeningFees`	$289.00K	USD	2 Qtrs
Store opening fees	`StoreOpeningFees`	-	USD	1 Quarter
Advertising fees	`AdvertisingRevenues`	$1.54M	USD	2 Qtrs
Advertising fees	`AdvertisingRevenues`	$613.00K	USD	1 Quarter
Advertising fees	`AdvertisingRevenues`	$1.03M	USD	1 Quarter
Advertising fees	`AdvertisingRevenues`	$2.01M	USD	2 Qtrs
Management fees and other income	`ManagementFeesAndOtherIncome`	$8.00K	USD	1 Quarter
Management fees and other income	`ManagementFeesAndOtherIncome`	$23.00K	USD	1 Quarter
Management fees and other income	`ManagementFeesAndOtherIncome`	$15.00K	USD	2 Qtrs
Management fees and other income	`ManagementFeesAndOtherIncome`	$38.00K	USD	2 Qtrs
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$10.77M	USD	2 Qtrs
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.11M	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$5.89M	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$7.53M	USD	2 Qtrs
General and administrative expense	`GeneralAndAdministrativeExpense`	$4.10M	USD	1 Quarter
General and administrative expense	`GeneralAndAdministrativeExpense`	$5.82M	USD	2 Qtrs
General and administrative expense	`GeneralAndAdministrativeExpense`	$7.64M	USD	2 Qtrs
General and administrative expense	`GeneralAndAdministrativeExpense`	$3.11M	USD	1 Quarter
Impairment of assets	`AssetImpairmentCharges`	$3.17M	USD	2 Qtrs
Impairment of assets	`AssetImpairmentCharges`	-	USD	2 Qtrs
Impairment of assets	`AssetImpairmentCharges`	-	USD	1 Quarter
Impairment of assets	`AssetImpairmentCharges`	$3.17M	USD	1 Quarter
Refranchising loss (gain)	`RefranchisingGain`	$467.00K	USD	1 Quarter
Refranchising loss (gain)	`RefranchisingGain`	$-1.01M	USD	1 Quarter
Refranchising loss (gain)	`RefranchisingGain`	$-51.00K	USD	2 Qtrs
Refranchising loss (gain)	`RefranchisingGain`	$-1.54M	USD	2 Qtrs
Advertising expense	`AdvertisingExpense`	$1.03M	USD	1 Quarter
Advertising expense	`AdvertisingExpense`	$613.00K	USD	1 Quarter
Advertising expense	`AdvertisingExpense`	$2.01M	USD	2 Qtrs
Advertising expense	`AdvertisingExpense`	$1.54M	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$7.88M	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$13.90M	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$3.67M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$8.90M	USD	1 Quarter
(Loss) income from operations	`OperatingIncomeLoss`	$-5.79M	USD	1 Quarter
(Loss) income from operations	`OperatingIncomeLoss`	$2.23M	USD	1 Quarter
(Loss) income from operations	`OperatingIncomeLoss`	$2.89M	USD	2 Qtrs
(Loss) income from operations	`OperatingIncomeLoss`	$-6.37M	USD	2 Qtrs
Interest expense, net	`InterestExpense`	$834.00K	USD	1 Quarter
Interest expense, net	`InterestExpense`	$1.91M	USD	2 Qtrs
Interest expense, net	`InterestExpense`	$289.00K	USD	1 Quarter
Interest expense, net	`InterestExpense`	$2.52M	USD	2 Qtrs
Interest expense related to preferred shares	`InterestExpenseOther`	$431.00K	USD	1 Quarter
Interest expense related to preferred shares	`InterestExpenseOther`	$862.00K	USD	2 Qtrs
Interest expense related to preferred shares	`InterestExpenseOther`	$476.00K	USD	1 Quarter
Interest expense related to preferred shares	`InterestExpenseOther`	$928.00K	USD	2 Qtrs
Change in fair value-derivative liability	`DerivativeGainLossOnDerivativeNet`	-	USD	1 Quarter
Change in fair value-derivative liability	`DerivativeGainLossOnDerivativeNet`	-	USD	2 Qtrs
Change in fair value-derivative liability	`DerivativeGainLossOnDerivativeNet`	$1.26M	USD	1 Quarter
Change in fair value-derivative liability	`DerivativeGainLossOnDerivativeNet`	$1.26M	USD	2 Qtrs
Other expense, net	`OtherNonoperatingIncomeExpense`	$-124.00K	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-100.00K	USD	2 Qtrs
Other expense, net	`OtherNonoperatingIncomeExpense`	$-49.00K	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-64.00K	USD	2 Qtrs
Total other income (expense), net	`NonoperatingIncomeExpense`	$-1.64M	USD	2 Qtrs
Total other income (expense), net	`NonoperatingIncomeExpense`	$450.00K	USD	1 Quarter
Total other income (expense), net	`NonoperatingIncomeExpense`	$-3.48M	USD	2 Qtrs
Total other income (expense), net	`NonoperatingIncomeExpense`	$-1.39M	USD	1 Quarter
(Loss) income before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$836.00K	USD	1 Quarter
(Loss) income before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-593.00K	USD	2 Qtrs
(Loss) income before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-8.01M	USD	2 Qtrs
(Loss) income before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-5.34M	USD	1 Quarter
Income tax (benefit) expense	`IncomeTaxExpenseBenefit`	$1.34M	USD	1 Quarter
Income tax (benefit) expense	`IncomeTaxExpenseBenefit`	$-1.09M	USD	1 Quarter
Income tax (benefit) expense	`IncomeTaxExpenseBenefit`	$-1.39M	USD	2 Qtrs
Income tax (benefit) expense	`IncomeTaxExpenseBenefit`	$625.00K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-508.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-6.62M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-1.22M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-4.25M	USD	1 Quarter
Basic and diluted loss per common share	`EarningsPerShareBasic`	$-0.10	USD	2 Qtrs
Basic and diluted loss per common share	`EarningsPerShareBasic`	$-0.56	USD	2 Qtrs
Basic and diluted loss per common share	`EarningsPerShareBasic`	$-0.36	USD	1 Quarter
Basic and diluted loss per common share	`EarningsPerShareBasic`	$-0.04	USD	1 Quarter
Basic and diluted weighted average shares outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	11,726.00	shares	2 Qtrs
Basic and diluted weighted average shares outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	11,878.00	shares	2 Qtrs
Basic and diluted weighted average shares outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	11,886.00	shares	1 Quarter
Basic and diluted weighted average shares outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	11,726.00	shares	1 Quarter
Cash dividends declared per common share	`CommonStockDividendsPerShareDeclared`	-	USD	1 Quarter
Cash dividends declared per common share	`CommonStockDividendsPerShareDeclared`	-	USD	1 Quarter
Cash dividends declared per common share	`CommonStockDividendsPerShareDeclared`	-	USD	2 Qtrs
Cash dividends declared per common share	`CommonStockDividendsPerShareDeclared`	-	USD	2 Qtrs

Cash Flow Statement 98 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-508.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-6.62M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-1.22M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-4.25M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-1.52M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-330.00K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$271.00K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$500.00K	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$16.00K	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$159.00K	USD	2 Qtrs
Accretion of loan fees and interest	`AccretionOfLoanFeesAndInterest1`	$412.00K	USD	2 Qtrs
Accretion of loan fees and interest	`AccretionOfLoanFeesAndInterest1`	$1.09M	USD	2 Qtrs
Change in operating right of use assets	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$399.00K	USD	2 Qtrs
Change in operating right of use assets	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$370.00K	USD	2 Qtrs
Gain on sale refranchised restaurants	`GainLossOnSaleOfBusiness`	$165.00K	USD	2 Qtrs
Gain on sale refranchised restaurants	`GainLossOnSaleOfBusiness`	$970.00K	USD	2 Qtrs
Accretion of preferred shares	`AccretionOfPreferredShares1`	$38.00K	USD	2 Qtrs
Accretion of preferred shares	`AccretionOfPreferredShares1`	$32.00K	USD	2 Qtrs
Accretion of purchase price liability	`AccretionOfPurchasePriceLiability`	$255.00K	USD	2 Qtrs
Accretion of purchase price liability	`AccretionOfPurchasePriceLiability`	$263.00K	USD	2 Qtrs
Impairment of assets	`AssetImpairmentCharges`	$3.17M	USD	2 Qtrs
Impairment of assets	`AssetImpairmentCharges`	-	USD	2 Qtrs
Impairment of assets	`AssetImpairmentCharges`	-	USD	1 Quarter
Impairment of assets	`AssetImpairmentCharges`	$3.17M	USD	1 Quarter
Fair value of derivative liability	`DerivativeGainLossOnDerivativeNet`	-	USD	1 Quarter
Fair value of derivative liability	`DerivativeGainLossOnDerivativeNet`	-	USD	2 Qtrs
Fair value of derivative liability	`DerivativeGainLossOnDerivativeNet`	$1.26M	USD	1 Quarter
Fair value of derivative liability	`DerivativeGainLossOnDerivativeNet`	$1.26M	USD	2 Qtrs
Provision for (recovery of) bad debts	`ProvisionForDoubtfulAccounts`	$-91.00K	USD	2 Qtrs
Provision for (recovery of) bad debts	`ProvisionForDoubtfulAccounts`	$1.07M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-856.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$456.00K	USD	2 Qtrs
Trade notes receivable	`IncreaseDecreaseInNotesReceivableCurrent`	$-22.00K	USD	2 Qtrs
Trade notes receivable	`IncreaseDecreaseInNotesReceivableCurrent`	-	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$102.00K	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-681.00K	USD	2 Qtrs
Accounts payable and accrued expense	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$2.34M	USD	2 Qtrs
Accounts payable and accrued expense	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$386.00K	USD	2 Qtrs
Accrued advertising	`IncreaseDecreaseInAccruedAdvertising`	$-220.00K	USD	2 Qtrs
Accrued advertising	`IncreaseDecreaseInAccruedAdvertising`	$-352.00K	USD	2 Qtrs
Accrued interest receivable from affiliate	`IncreaseDecreaseInAccruedInterestReceivableNet`	$1.55M	USD	2 Qtrs
Accrued interest receivable from affiliate	`IncreaseDecreaseInAccruedInterestReceivableNet`	$623.00K	USD	2 Qtrs
Tax Sharing Agreement liability	`IncreaseDecreaseInTaxSharingAgreementLiability`	$-154.00K	USD	2 Qtrs
Tax Sharing Agreement liability	`IncreaseDecreaseInTaxSharingAgreementLiability`	$-46.00K	USD	2 Qtrs
Accrued interest payable	`IncreaseDecreaseInInterestPayableNet`	$-1.19M	USD	2 Qtrs
Accrued interest payable	`IncreaseDecreaseInInterestPayableNet`	$-462.00K	USD	2 Qtrs
Deferred income	`IncreaseDecreaseInContractWithCustomerLiability`	$33.00K	USD	2 Qtrs
Deferred income	`IncreaseDecreaseInContractWithCustomerLiability`	$-1.33M	USD	2 Qtrs
Dividend payable on preferred shares	`IncreaseDecreaseDividendPayableOnPreferredShares`	$577.00K	USD	2 Qtrs
Dividend payable on preferred shares	`IncreaseDecreaseDividendPayableOnPreferredShares`	$889.00K	USD	2 Qtrs
Other	`IncreaseDecreaseInOtherCurrentAssets`	$183.00K	USD	2 Qtrs
Other	`IncreaseDecreaseInOtherCurrentAssets`	$-42.00K	USD	2 Qtrs
Total adjustments	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$234.00K	USD	2 Qtrs
Total adjustments	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$2.63M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-984.00K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-3.99M	USD	2 Qtrs
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$52.00K	USD	2 Qtrs
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$34.00K	USD	2 Qtrs
Payments received on loans receivable	`ProceedsFromSaleOfLoansReceivable`	-	USD	2 Qtrs
Payments received on loans receivable	`ProceedsFromSaleOfLoansReceivable`	$68.00K	USD	2 Qtrs
Proceeds from sale of refranchised restaurants	`ProceedsFromDivestitureOfBusinessesNetOfCashDivested`	$698.00K	USD	2 Qtrs
Proceeds from sale of refranchised restaurants	`ProceedsFromDivestitureOfBusinessesNetOfCashDivested`	$870.00K	USD	2 Qtrs
Change in due from affiliates	`RepaymentsOfRelatedPartyDebt`	$4.09M	USD	2 Qtrs
Change in due from affiliates	`RepaymentsOfRelatedPartyDebt`	$7.04M	USD	2 Qtrs
Acquisition of Elevation Burger, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	2 Qtrs
Acquisition of Elevation Burger, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$2.33M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-5.59M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-6.33M	USD	2 Qtrs
Proceeds from borrowings and associated warrants, net of issuance costs	`ProceedsFromDebtNetOfIssuanceCosts`	$38.80M	USD	2 Qtrs
Proceeds from borrowings and associated warrants, net of issuance costs	`ProceedsFromDebtNetOfIssuanceCosts`	$23.05M	USD	2 Qtrs
Repayments of borrowings	`RepaymentsOfShortTermDebt`	$16.42M	USD	2 Qtrs
Repayments of borrowings	`RepaymentsOfShortTermDebt`	$24.22M	USD	2 Qtrs
Payments made on acquisition purchase price liability	`PaymentsToAcquireBusinessesGross`	$500.00K	USD	2 Qtrs
Payments made on acquisition purchase price liability	`PaymentsToAcquireBusinessesGross`	-	USD	2 Qtrs
Dividends paid in cash	`PaymentsOfDividends`	-	USD	2 Qtrs
Dividends paid in cash	`PaymentsOfDividends`	$2.00K	USD	2 Qtrs
Change in operating lease liabilities	`RepaymentOfChangeInOperatingLeaseLiabilities`	$176.00K	USD	2 Qtrs
Change in operating lease liabilities	`RepaymentOfChangeInOperatingLeaseLiabilities`	$296.00K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$6.46M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$13.78M	USD	2 Qtrs
Net increase (decrease) in cash and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$3.46M	USD	2 Qtrs
Net increase (decrease) in cash and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-113.00K	USD	2 Qtrs
Cash and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$653.00K	USD	Point-in-time
Cash and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$25.00K	USD	Point-in-time
Cash and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$540.00K	USD	Point-in-time
Cash and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$3.49M	USD	Point-in-time
Cash and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$653.00K	USD	Point-in-time
Cash and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$25.00K	USD	Point-in-time
Cash and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$540.00K	USD	Point-in-time
Cash and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$3.49M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$2.53M	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$3.44M	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	$17.00K	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	$135.00K	USD	2 Qtrs
Issuance of common stock in lieu of cash directors fees payable	`IssuanceOfCommonStockInLieuOfCashDirectorsFeesPayable`	$135.00K	USD	2 Qtrs
Issuance of common stock in lieu of cash directors fees payable	`IssuanceOfCommonStockInLieuOfCashDirectorsFeesPayable`	$180.00K	USD	2 Qtrs
Income taxes receivable adjusting amounts due from affiliates	`IncomeTaxesReceivableAdjustingAmountsDueFromAffiliates`	$-154.00K	USD	2 Qtrs
Income taxes receivable adjusting amounts due from affiliates	`IncomeTaxesReceivableAdjustingAmountsDueFromAffiliates`	$-46.00K	USD	2 Qtrs

Stockholders Equity 30 line items

Line Item	Tag	Value	Unit	Period
Balance, Beginning	`StockholdersEquity`	$5.20M	USD	Point-in-time
Balance, Beginning	`StockholdersEquity`	$5.74M	USD	Point-in-time
Balance, Beginning	`StockholdersEquity`	$3.01M	USD	Point-in-time
Balance, Beginning	`StockholdersEquity`	$-3.59M	USD	Point-in-time
Balance, Beginning	`StockholdersEquity`	$5.38M	USD	Point-in-time
Balance, Beginning	`StockholdersEquity`	$4.86M	USD	Point-in-time
Net loss	`NetIncomeLoss`	$-508.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-6.62M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-1.22M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-4.25M	USD	1 Quarter
Common stock dividend	`StockIssuedDuringPeriodValueStockDividend`	-	USD	2 Qtrs
Common stock dividend, shares	`CommonStockDividendsShares`	245,376.00	shares	Point-in-time
Cash paid in lieu of fractional shares	`AdjustmentsToAdditionalPaidInCapitalStockSplit`	$-2.00K	USD	2 Qtrs
Issuance of common stock in lieu of cash directors fees payable	`StockIssuedDuringPeriodValueOther`	$180.00K	USD	2 Qtrs
Issuance of common stock in lieu of cash directors fees payable	`StockIssuedDuringPeriodValueOther`	$135.00K	USD	2 Qtrs
Issuance of common stock in lieu of cash directors fees payable	`StockIssuedDuringPeriodValueOther`	$90.00K	USD	1 Quarter
Issuance of common stock in lieu of cash directors fees payable	`StockIssuedDuringPeriodValueOther`	$60.00K	USD	1 Quarter
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$159.00K	USD	2 Qtrs
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$78.00K	USD	1 Quarter
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$16.00K	USD	2 Qtrs
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$1.00K	USD	1 Quarter
Fair value of derivative liability	`AdjustmentsToAdditionalPaidInCapitalMarkToMarket`	$-2.41M	USD	1 Quarter
Fair value of derivative liability	`AdjustmentsToAdditionalPaidInCapitalMarkToMarket`	$-2.41M	USD	2 Qtrs
Correction of recorded conversion rights associated with Series A-1 preferred shares	`CorrectionOfRecordedConversionRightsAssociatedWithSeriesA1PreferredShares`	$-90.00K	USD	2 Qtrs
Balance, Ending	`StockholdersEquity`	$5.20M	USD	Point-in-time
Balance, Ending	`StockholdersEquity`	$5.74M	USD	Point-in-time
Balance, Ending	`StockholdersEquity`	$3.01M	USD	Point-in-time
Balance, Ending	`StockholdersEquity`	$-3.59M	USD	Point-in-time
Balance, Ending	`StockholdersEquity`	$5.38M	USD	Point-in-time
Balance, Ending	`StockholdersEquity`	$4.86M	USD	Point-in-time

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