| Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jul'18 | Jun'18 | Apr'18 | Mar'18 |
|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||
Royalties | |||||||||
3,832 | 3,937 | 3,663 | 3,463 | 3,295 | 3,370 | 2,860 | 2,860 | 2,572 | - |
Franchise fees | |||||||||
854 | 1,272 | 994 | 313 | 95 | 1,343 | 299 | - | 399 | - |
Store opening fees | |||||||||
- | 109 | 184 | 105 | - | 100 | 105 | - | - | - |
Royalties | |||||||||
- | - | - | - | - | - | - | - | - | 2,572 |
Franchise fees | |||||||||
- | - | - | - | - | - | - | 299 | - | 399 |
Store opening fees | |||||||||
- | - | - | - | - | - | - | 105 | - | - |
Advertising fees | |||||||||
953 | 1,151 | 1,031 | 976 | 918 | 1,038 | 630 | 630 | 596 | - |
Management fees and other income | |||||||||
- | 15 | 23 | - | - | 13 | 14 | - | - | - |
Other income | |||||||||
- | - | - | 16 | - | - | - | - | 18 | - |
Total revenue | |||||||||
5,253 | 6,484 | 5,895 | 4,873 | 4,477 | 5,864 | 3,908 | - | 3,585 | - |
Costs and expenses | |||||||||
Other | |||||||||
- | - | - | - | - | - | - | 441 | - | 383 |
General and administrative expense | |||||||||
- | - | - | - | - | - | - | 3,081 | - | 2,644 |
Advertising fees | |||||||||
- | - | - | - | - | - | - | - | - | 596 |
Management fees | |||||||||
- | - | - | - | - | - | - | 14 | - | -18 |
Total revenue | |||||||||
- | - | - | - | - | - | - | 3,908 | - | 3,585 |
Compensation expense | |||||||||
- | 1,637 | 1,675 | 1,547 | - | 1,495 | 1,459 | 1,459 | 1,331 | 1,331 |
Travel and entertainment | |||||||||
- | - | - | - | - | - | - | 203 | - | 124 |
Professional fees expense | |||||||||
- | 787 | 580 | 467 | - | 513 | 348 | 348 | 210 | 210 |
Public company expense | |||||||||
- | 280 | 266 | 283 | - | 198 | 261 | - | 220 | - |
Advertising expense | |||||||||
953 | 1,151 | 1,031 | 976 | 918 | 1,038 | 630 | 630 | 596 | 596 |
Refranchising loss | |||||||||
- | 902 | - | - | - | - | - | - | - | - |
Refranchising restaurant costs and expenses, net of revenue | |||||||||
- | - | 503 | 518 | - | - | - | - | - | - |
Other | |||||||||
- | 460 | 438 | 286 | - | 511 | 383 | - | 287 | - |
Total costs and expenses | |||||||||
3,819 | 3,413 | 4,493 | 4,077 | 4,118 | 3,755 | 3,081 | - | 2,644 | - |
Income from operations | |||||||||
1,434 | 3,071 | 1,402 | 796 | 359 | 2,109 | 827 | 827 | 941 | 941 |
Other expense | |||||||||
Interest expense, net of interest income of $2,128 and $1,125 due from affiliates during the fiscal years ended December 29, 2019 and December 30, 2018, respectively | |||||||||
693 | 1,544 | 834 | 1,686 | 2,389 | 991 | 222 | 222 | 214 | 214 |
Interest expense related to preferred shares | |||||||||
480 | 431 | 431 | 431 | - | 437 | 78 | 78 | - | - |
Depreciation and amortization | |||||||||
- | 258 | 147 | 131 | - | 120 | 40 | 40 | 33 | 33 |
Other expense, net | |||||||||
-1,495 | -56 | 846 | 24 | -1,184 | -352 | -2 | -2 | -1 | -1 |
Total other expense, net | |||||||||
-2,132 | -2,289 | -566 | -2,224 | -3,819 | -1,900 | -342 | -342 | -248 | -248 |
Loss before income tax expense (benefit) | |||||||||
-698 | 782 | 836 | -1,428 | -3,460 | 209 | 485 | 485 | 693 | 693 |
Income tax expense (benefit) | |||||||||
256 | -372 | 1,344 | -718 | -770 | 199 | 112 | 112 | 184 | 184 |
Net loss | |||||||||
-954 | 1,154 | -508 | -710 | -2,690 | 10 | 373 | 373 | 509 | 509 |
Basic and diluted loss per common share | |||||||||
-0.09 | 0.10 | -0.04 | -0.06 | -0.25 | 0.00 | 0.04 | 0.04 | 0.05 | 0.05 |
Basic weighted average shares outstanding | |||||||||
- | 11,827 | 11 | 11,636 | - | 11,558 | 10 | 10 | 10,000 | 10,000 |
Diluted income (loss) per common share | |||||||||
- | 0.10 | -0.04 | -0.06 | - | 0.00 | 0.04 | 0.04 | 0.05 | 0.05 |
Diluted weighted average shares outstanding | |||||||||
- | 11,827 | 11 | 11,636 | - | 11,575 | 10 | 10 | 10,000 | 10,000 |
Cash dividends declared per common share | |||||||||
- | 0.00 | - | - | 0.12 | 0.00 | 0.12 | - | 0.12 | - |
Cash dividends declared per common share | |||||||||
- | - | - | - | - | - | - | 0.12 | - | 0.12 |