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REPORTABLE OPERATING SEGMENTS (Tables)

12 Months Ended

Dec. 31, 2022

Segment Reporting [Abstract]

SUMMARY OF OPERATING SEGMENTS

The following table sets forth the results of operations for the relevant segments for the years ended December 31, 2022 and 2021:

 SUMMARY OF OPERATING SEGMENTS

		December, 31,				December, 31,
		2022				2021
Revenues
Muscle Maker Grill Division		$	4,443,177			$	5,530,803
Pokemoto Division			4,952,959				2,685,498
Non-Traditional (Hybrid) Division			383,270				665,884
SuperFit Foods Division			1,333,367				1,467,451
Sadot Division			150,585,644				—
Revenues		$	161,698,417			$	10,349,636
Operating Loss
Muscle Maker Grill Division		$	(938,261	)		$	(493,635	)
Pokemoto Division			92,884				632,929
Non-Traditional (Hybrid) Division			(328,577	)			(1,009,774	)
SuperFit Division			37,885				192,789
Sadot Division			4,548,440				—
Corporate and unallocated sales, general and administrative expenses(a)			(6,149,801	)			(8,088,682	)
Stock-based consulting expenses			(3,601,987	)			—
Unallocated operating other income/ (expense)(b)			(1,777,733	)			(680,921	)
Operating Loss		$	(8,117,150	)		$	(9,447,294	)
Other income/ (expense)			44,944				(9,097	)
Interest expense, net			(6,730	)			(69,514	)
Change in fair value of accrued compensation			—				127,500
Gain on debt extinguishment			141,279				1,228,308
Loss before income taxes		$	(7,937,657	)		$	(8,170,097	)

(a) Includes charges related to corporate expense that the Company does not allocate to the respective divisions. For the years ended December 31, 2022 and 2021, the largest portion of this expense related to corporate payroll, benefits and other compensation expenses of $3,682,605 and $3,198,844, respectively, and professional and consulting expense of $1,010,866 and $3,707,773, respectively.

(b) Includes charges related to the Impairment of intangible assets and goodwill, related to Muscle Maker Grill intangible assets and goodwill, amortization of intangible asset, corporate depreciation of fixed assets, Preopening expenses and Post-closing expenses.

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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
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-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8813-108599

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
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Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
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-Section 50
-Paragraph 30
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599

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