v3.22.1
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenue:    
Total revenue $ 5,650 $ 4,593
Expenses:    
Restaurant cost of sales 1,492 1,316
Restaurant operating expenses 3,479 3,245
General and administrative expenses 1,336 1,166
Asset impairment charges 1,288
Depreciation and amortization 222 232
Grant income (548)
Total expenses 5,981 7,247
Operating loss (331) (2,654)
Other income (expense):    
Interest expense (187) (157)
Change in fair value of derivative liabilities 185
Change in fair value of investment (4) 4
Change in fair value of convertible promissory note 116
Gain on extinguished lease liabilities 43
Gain on extinguished trade payable 161
Other income 219 2
Total other income 305 77
Loss before income taxes (26) (2,577)
Income tax expense (2)
Consolidated net loss (28) (2,577)
Less: Net loss attributable to non-controlling interests 1 165
Net loss attributable to Amergent Hospitality Group Inc. $ (27) $ (2,412)
Net loss attributable to Amergent Hospitality Group Inc. per common share, basic and diluted $ (0.00) $ (0.17)
Weighted average shares outstanding, basic and diluted 15,706,736 14,482,736
Restaurant Sales Net [Member]    
Revenue:    
Total revenue $ 4,758 $ 4,444
Gaming Income Net [Member]    
Revenue:    
Total revenue 103 57
Franchise Income [Member]    
Revenue:    
Total revenue $ 789 $ 92

Source