| Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jul'18 | Jun'18 | Apr'18 | Mar'18 |
|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||
Royalties | |||||||||
14,895 | 14,358 | 13,791 | 12,988 | 12,097 | 0 | 0 | 0 | 0 | - |
Franchise fees | |||||||||
3,433 | 2,674 | 2,745 | 2,050 | 2,136 | 0 | 0 | - | 0 | - |
Store opening fees | |||||||||
- | 498 | 494 | 0 | - | 0 | 0 | - | - | - |
Royalties | |||||||||
- | - | - | - | - | - | - | - | - | 0 |
Franchise fees | |||||||||
- | - | - | - | - | - | - | 0 | - | 0 |
Store opening fees | |||||||||
- | - | - | - | - | - | - | 0 | - | - |
Advertising fees | |||||||||
4,111 | 4,076 | 3,963 | 3,562 | 3,182 | 0 | 0 | 0 | 0 | - |
Management fees and other income | |||||||||
- | 0 | 0 | - | - | 0 | 0 | - | - | - |
Other income | |||||||||
- | - | - | 0 | - | - | - | - | 0 | - |
Total revenue | |||||||||
22,505 | 21,729 | 21,109 | 19,122 | 17,834 | 0 | 0 | - | 0 | - |
Costs and expenses | |||||||||
Other | |||||||||
- | - | - | - | - | - | - | 0 | - | 0 |
General and administrative expense | |||||||||
- | - | - | - | - | - | - | 0 | - | 0 |
Advertising fees | |||||||||
- | - | - | - | - | - | - | - | - | 0 |
Management fees | |||||||||
- | - | - | - | - | - | - | 0 | - | 0 |
Total revenue | |||||||||
- | - | - | - | - | - | - | 0 | - | 0 |
Compensation expense | |||||||||
- | 6,458 | 6,316 | 6,100 | - | 0 | 0 | 0 | 0 | 0 |
Travel and entertainment | |||||||||
- | - | - | - | - | - | - | 0 | - | 0 |
Professional fees expense | |||||||||
- | 2,292 | 2,018 | 1,786 | - | 0 | 0 | 0 | 0 | 0 |
Public company expense | |||||||||
- | 1,258 | 1,176 | 1,171 | - | 0 | 0 | - | 0 | - |
Advertising expense | |||||||||
4,111 | 4,076 | 3,963 | 3,562 | 3,182 | 0 | 0 | 0 | 0 | 0 |
Refranchising loss | |||||||||
- | 0 | - | - | - | - | - | - | - | - |
Refranchising restaurant costs and expenses, net of revenue | |||||||||
- | - | 0 | 0 | - | - | - | - | - | - |
Other | |||||||||
- | 0 | 0 | 0 | - | 0 | 0 | - | 0 | - |
Total costs and expenses | |||||||||
15,802 | 16,101 | 16,443 | 15,031 | 13,598 | 0 | 0 | - | 0 | - |
Income from operations | |||||||||
6,703 | 5,628 | 4,666 | 4,091 | 4,236 | 0 | 0 | 0 | 0 | 0 |
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 | |||||||||
4,757 | 6,453 | 5,900 | 5,288 | 3,816 | 0 | 0 | 0 | 0 | 0 |
Interest expense related to preferred shares | |||||||||
1,773 | 1,730 | 1,377 | 0 | - | 0 | 0 | 0 | - | - |
Depreciation and amortization | |||||||||
- | 701 | 563 | 456 | - | 0 | 0 | 0 | 0 | 0 |
Other expense, net | |||||||||
-681 | -370 | -666 | -1,514 | -1,539 | 0 | 0 | 0 | 0 | 0 |
Total other expense, net | |||||||||
-7,211 | -8,898 | -8,509 | -8,285 | -6,309 | 0 | 0 | 0 | 0 | 0 |
Loss before income tax expense (benefit) | |||||||||
-508 | -3,270 | -3,843 | -4,194 | -2,073 | 0 | 0 | 0 | 0 | 0 |
Income tax expense (benefit) | |||||||||
510 | -516 | 55 | -1,177 | -275 | 0 | 0 | 0 | 0 | 0 |
Net loss | |||||||||
-1,018 | -2,754 | -3,898 | -3,017 | -1,798 | 0 | 0 | 0 | 0 | 0 |
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 |