Balance Sheet

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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 933 $ 1,548
Accounts receivable 5,422 5,514
Inventory 1,199 1,402
Other current assets 1,327 1,299
Due from related parties, net 157 0
Total current assets 9,038 9,763
Property & equipment, net 38,058 37,811
Investments 2,653 2,957
Deferred tax assets, net 72 69
Other assets 407 384
Security deposits 2,092 2,031
Total assets 52,320 53,015
Current liabilities:    
Accounts payable 5,147 5,329
Accrued expenses 6,782 6,987
Deferred license revenue 215 115
Deferred gift card revenue and other 932 999
Due to related parties, net 0 256
Current portion of long-term debt 3,191 3,241
Total current liabilities 16,267 16,927
Deferred license revenue, long-term 1,437 1,222
Due to related parties, long-term 1,197 1,197
Deferred rent and tenant improvement allowances 17,126 17,001
Long-term debt, net of current portion 8,628 10,115
Total liabilities 44,655 46,462
Commitments and contingencies
Stockholders' Equity:    
Common stock, $0.0001 par value, 75,000,000 shares authorized; 27,441,780 and 27,152,101 shares issued and outstanding at June 30, 2018 and December 31, 2017, respectively 3 3
Preferred stock, $0.0001 par value, 10,000,000 shares authorized; no shares issued and outstanding at June 30, 2018 and December 31, 2017 0 0
Additional paid-in capital 41,675 41,007
Accumulated deficit (31,621) (31,979)
Accumulated other comprehensive loss (1,490) (1,556)
Total The One Group Hospitality, Inc stockholders' equity 8,567 7,475
Noncontrolling interests (902) (922)
Total stockholders' equity 7,665 6,553
Total Liabilities and Stockholders' Equity $ 52,320 $ 53,015

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