Operating loss Sample Clauses

Operating loss. Suffer or permit any of its Subsidiaries to suffer any aggregate operating loss for two consecutive fiscal quarters which exceeds $400,000; provided, however, that (a) for purposes of determining whether the Borrower and its Subsidiaries have suffered such a loss, any Project Costs incurred by the Borrower or its Subsidiaries shall be excluded, (b) any non-cash extraordinary or non-recurring charges (not to exceed $1,000,000 in the aggregate) shall be excluded, and (c) the results of operations of any Subsidiary established for purposes of opening a new restaurant shall be excluded from any calculation related to compliance with this Section 7.11 for any fiscal quarter which includes at least one full month of the first twelve calendar months following the commencement of operations of the new restaurant operated by such Subsidiary.

Operating loss. 122,168 ---------- 422,168 ---------- (422,168) 692,185 ----------- 4,659,474 ----------- (4,659,474) 7,708,740 ------------ 20,304,909 ------------ (20,304,909) 8,523,093 ------------ 25,386,551 ------------ (25,386,551) Interest income..................... Net loss before income taxes........ 33,961 ---------- (388,207) 160,689 ----------- (4,498,785) 2,825,919 ------------ (17,478,990) 3,020,569 ------------ (22,365,982) Income tax expense.................. Net loss............................ 800 ---------- (389,007) 800 ----------- (4,499,585) 800 ------------ (17,479,790) 2,400 ------------ (22,368,382) Return to series C preferred shareholders for beneficial conversion feature................ -- -- (14,231,595) (14,231,595) Loss available to common ---------- ----------- ------------ ------------ shareholders...................... Basic and diluted loss per share.... $ (389,007) ========== $ (0.39) $(4,499,585) =========== $ (1.35) $(31,711,385) ============ $ (2.33) $(36,599,977) ============ ========== Weighted average shares used in =========== ============ computing basic and diluted loss per share......................... 985,961 3,345,397 13,634,513 ========== =========== ============ --------------------------------------- BALANCE SHEET DATA: 1998 ---------- 1999 ---------- 2000 ----------- Cash and cash equivalents............................. $2,333,512 $9,339,669 $78,926,830 Working capital....................................... 2,264,038 9,095,831 77,320,445 Total assets.......................................... 2,382,600 9,441,173 81,147,046 Total liabilities..................................... 108,108 300,587 2,452,378 Series C redeemable convertible preferred stock....... -- -- -- Series B redeemable convertible preferred stock....... -- 9,703,903 -- Series A convertible preferred stock.................. 2,660 2,660 -- Total stockholders' equity (deficit).................. 2,274,492 (563,317) 78,694,668 19 ITEM 7. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS‌ This discussion and analysis should be read in conjunction with our financial statements and accompanying notes included elsewhere in this report. Operating results are not necessarily indicative of results that may occur in future periods. The following discussion contains forward-looking statements that are based upon current expectations. Our actual results and the timing of events may differ significantly from the results discussed in t...

Operating loss. For each Taxable Year, Operating Loss shall be allocated 92% to the Class A Interest Holder, 7% to the Class B Interest Holders and 1% to the General Partner.

Operating loss. The Issuer shall not incur a Net Loss (determined in accordance with generally accepted accounting principles) for any trailing 12-month period in excess of $1,000,000.

Operating loss. 671 ------ 3,049 ------ $ (385) ====== 189 ----- 642 ----- $(156) ===== 56

Operating loss. The Operator shall keep maintenance and repair reports in sufficient detail to indicate the nature and date of major work done. Such reports shall be kept on file by the Operator at its offices or at the Facility for as long, as they would be kept by a prudent owner or operator of the Facility (but in no event less than three years following the end of the Term), and shall be made available to the Owner upon reasonable request.

Operating loss. As a result of the factors described above, for the quarters ended December 31, 2018 and 2017, operating loss amounted to $4,019,599, as compared to an operating loss of $687,843, an increase of $3,331,756 or 484.4%.

Operating loss. 2,184 --------- 22,989 --------- (17,618) 3,469 --------- 26,705 --------- (16,186) 4,593 --------- 122,785 --------- (104,572) 3,777 --------- 947,562 --------- (923,834) Accretion on preferred stock ............................... (8,354) --------- --------- --------- --------- Supplier warrant costs ................................... --------- --------- 3,029 --------- Warrant costs, net ....................................... 57,979 Sales and marketing ...................................... $ 1,130 6,635 8,160 8,463 General and administrative ............................... 1,697 3,102 9,400 3,806

Operating loss. (14) ----- 616 ----- (235) (4)(a)------ (17) ------ -- -- ---- 5 ---- (5) (18) ------ 604 ------ (240) Interest expense, net.............................. 20 -- 7 (c) 27 Other expense, net................................. Loss before provision for income taxes............. 4 ----- (259) -- ------ -- -- ---- (12) 4 ------ (271) Provision (benefit) for income taxes............... Net loss........................................... Share information: 13 ----- $(272) ===== -- ------ $ -- ====== (3)---- $ (9)==== (d) 10 ------ $ (281) ====== Pro forma net loss per share: Basic.......................................... $(4.81) Weighted average number of common shares outstanding: Basic.......................................... 58.4 Diluted........................................ 58.4