v3.26.1
Segment Information (Tables)
12 Months Ended
Dec. 31, 2025
Segment Information  
Schedule of segment reporting information

 

 

Franchising

 

 

Company-Owned Restaurants

 

 

Total

 

Revenue

 

$6,213,917

 

 

$9,977,046

 

 

$16,190,963

 

Administrative fees and other revenue

 

 

 

 

 

 

 

 

270,496

 

Total revenue

 

 

6,213,917

 

 

 

9,977,046

 

 

 

16,461,459

 

Segment operating expenses

 

 

(1,709,258)

 

 

(9,147,798)

 

 

(10,857,056)

Segment contribution margin

 

$4,504,659

 

 

$829,248

 

 

$5,604,403

 

 

 

Franchising

 

 

Company-Owned Restaurants

 

 

Total

 

Revenue

 

$5,540,968

 

 

$9,530,722

 

 

$15,071,690

 

Administrative fees and other revenue

 

 

 

 

 

 

 

 

77,910

 

Total revenue

 

 

5,540,968

 

 

 

9,530,722

 

 

 

15,149,600

 

Segment operating expenses

 

 

(1,703,136)

 

 

(8,794,444)

 

 

(10,497,580)

Segment contribution margin

 

$3,837,832

 

 

$736,278

 

 

$4,652,020

 

Schedule of reconciles total segment contribution margin to consolidated income before income taxes

 

 

2025

 

 

2024

 

Total segment contribution margin

 

$5,604,403

 

 

$4,652,020

 

General and administrative expenses

 

 

(2,336,422)

 

 

(2,677,334)

Depreciation and amortization

 

 

(392,948)

 

 

(499,648)

Operating income

 

 

2,875,033

 

 

 

1,475,038

 

Interest expense

 

 

(1,336,773)

 

 

(1,637,398)

Change in fair value of warrants

 

 

52,436

 

 

 

1,828

 

Income (loss) before income taxes

 

$1,590,696

 

 

$(160,532)