XML 15 R4.htm IDEA: XBRL DOCUMENT v3.20.2
Consolidated Statements of Operations (Unaudited) - USD ($)
 3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 29, 2019
Sep. 30, 2020
Sep. 29, 2019
Revenue $ 3,382,680 $ 3,292,875 $ 10,403,650 $ 10,003,791
Selling, general, and administrative expenses 1,357,725 7,393,380 6,542,171 9,817,245
Depreciation and amortization 32,438 40,200 96,654 75,630
Income (loss) from operations 1,992,517 (4,140,705) 3,764,825 110,916
Other miscellaneous income 392,709 504,833 932,254 751,693
Interest and other financing expense (10,035) (106,461) (39,174) (521,838)
Net income (loss) before income taxes 2,375,191 (3,742,333) 4,657,905 340,771
Provision for income taxes 404,058 4,716,731 654,592 4,816,337
Income (loss) from continuing operations 1,971,133 (8,459,064) 4,003,313 (4,475,566)
Income from discontinued operations, net of tax 0 682,674 0 722,756
Net income (loss) $ 1,971,133 $ (7,776,390) $ 4,003,313 $ (3,752,810)
Basic earnings (loss) per share        
Continuing operations $ 0.15 $ (0.65) $ 0.30 $ (0.41)
Discontinued operations .00 0.05 0.00 0.07
Total 0.15 (0.60) 0.30 (0.34)
Diluted earnings (loss) per share        
Continuing operations 0.15 (0.65) 0.30 (0.41)
Discontinued operations .00 0.05 0.00 0.07
Total $ 0.15 $ (0.60) $ 0.30 $ (0.34)
Weighted average shares outstanding        
Basic 13,573,086 12,927,634 13,551,507 10,939,318
Diluted 13,574,863 12,927,634 13,553,619 10,939,318
Franchise Royalties        
Revenue $ 3,218,606 $ 3,139,158 $ 9,563,135 $ 9,276,714
Service Revenue        
Revenue $ 164,074 $ 153,717 $ 840,515 $ 727,077