XML 18 R4.htm IDEA: XBRL DOCUMENT v3.23.1
Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Revenues:    
Total revenues $ 161,698,417 $ 10,349,636
Restaurant operating expenses:    
Total commodity operating expenses 146,037,204
Total restaurant operating expenses 11,270,052 9,055,119
Impairment of intangible asset 347,110 1,139,908
Impairment of goodwill 86,348
Depreciation and amortization expenses 2,015,048 1,206,505
Franchise advertising fund expenses 80,536 188,539
Preopening expenses 116,728 31,829
Post-closing expenses 197,101
Stock-based consulting expenses 3,601,987
Sales, general and administrative expenses 6,149,801 8,088,682
Total costs and expenses 169,815,567 19,796,930
Loss from operations (8,117,150) (9,447,294)
Other Income:    
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
Total other income, net 179,493 1,277,197
Loss Before Income Tax (7,937,657) (8,170,097)
Income tax 24,771 6,033
Net loss $ (7,962,428) $ (8,176,130)
Net Loss Per Share:    
Basic and Diluted $ (0.28) $ (0.50)
Weighted average Number of Common Shares Outstanding:    
Basic and Diluted 28,558,586 16,467,393
Commodity Sales [Member]    
Revenues:    
Total revenues $ 150,585,644
Company Restaurant Net Sales [Member]    
Revenues:    
Total revenues 10,300,394 9,320,920
Franchise Royalties and Fees [Member]    
Revenues:    
Total revenues 726,854 778,181
Franchise Advertising Fund Contributions [Member]    
Revenues:    
Total revenues 80,536 188,539
Other Revenue [Member]    
Revenues:    
Total revenues 4,989 61,996
Commodity Cost [Member]    
Restaurant operating expenses:    
Total commodity operating expenses 145,671,454
Labor One [Member]    
Restaurant operating expenses:    
Total commodity operating expenses 346,750
Other Commodity Operating Expenses [Member]    
Restaurant operating expenses:    
Total commodity operating expenses 19,000
Food and Beverage Costs [Member]    
Restaurant operating expenses:    
Total restaurant operating expenses 3,940,321 3,532,907
Labor Two [Member]    
Restaurant operating expenses:    
Total restaurant operating expenses 3,844,140 1,917,979
Rent [Member]    
Restaurant operating expenses:    
Total restaurant operating expenses 1,190,903 1,261,096
Other Restaurant Operating Expenses [Member]    
Restaurant operating expenses:    
Total restaurant operating expenses $ 2,294,688 $ 2,343,137