The ONE Group Hospitality, Inc. General form of registration statement for all companies including face-amount certificate companies

General form of registration statement for all companies including face-amount certificate companies

Discontinued operations (Tables)

Discontinued operations (Tables)

9 Months Ended

Sep. 30, 2013

Summarized operating results related to these entities are included in discontinued operations in the accompanying consolidated statements of operations and comprehensive loss for the nine months ended September 30, 2013 and 2012 and for the years ended December 31, 2012, 2011 and 2010 are as follows:

	For the Nine Months Ended September 30,						For the Years Ended December 31,
	2013			2012			2012			2011			2010
	(unaudited)			(unaudited)						(restated)
Revenue	$	1,802,831		$	2,377,254		$	3,544,070		$	2,078,915		$	6,893,731
Costs and expenses		6,966,251			4,814,268			8,435,397			2,966,596			7,413,477
Loss from discontinued operations		(5,163,420	)		(2,437,014	)		(4,891,327	)		(887,681	)		(519,746	)
Loss from impairment charge		-			-			(5,133,552	)		-			(304,858	)

Net loss from discontinued operations	$	(5,163,420	)	$	(2,437,014	)	$	(10,024,879	)	$	(887,681	)	$	(824,604	)

- Definition

Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. Also may include the amount of adjustments to amounts previously reported in discontinued operations such as resolution of contingencies arising from the disposal transaction or the operations of the component prior to disposal.

+ References + Details