The ONE Group Hospitality, Inc. Annual report pursuant to section 13 and 15(d)

Annual report pursuant to section 13 and 15(d)

Discontinued operations (Tables)

Discontinued operations (Tables)

12 Months Ended

Dec. 31, 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 years ended December 31, 2013 and 2012:


	Years ended December 31,
	2013			2012
Revenue	$	1,802,832		$	3,544,070
Costs and expenses		7,182,449			8,435,397
Loss from discontinued operations		(5,379,617	)		(4,891,327	)
Loss from impairment charge		-			(5,133,552	)

Net loss from discontinued operations	$	(5,379,617	)	$	(10,024,879	)

- 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.

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