Quarterly report pursuant to Section 13 or 15(d)

Segment Information

v3.22.1
Segment Information
 3 Months Ended
Mar. 31, 2022
Segment Reporting [Abstract]  
Segment Information Segment Information
Prior to the Anthony's acquisition in November 2021, the Company had one operating and reportable segment. As such, segment information is presented for the three months ended March 31, 2022, but not prior periods as all information in prior periods relates to the BurgerFi brand. Following the Anthony's acquisition, the Company has two operating and reportable segments; BurgerFi, and Anthony's.

The following tables present revenue, capital expenditures, depreciation and amortization, pre-opening costs, interest expense, and net loss by segment:
(in thousands) Three Months Ended March 31, 2022
Revenue:
BurgerFi $ 12,396 
Anthony's 32,537 
Total $ 44,933 
Capital expenditures:
BurgerFi $ 368 
Anthony's 325 
Total $ 693 
Depreciation and amortization:
BurgerFi $ 2,507 
Anthony's 1,937 
Total $ 4,444 
Pre-opening costs:
BurgerFi $ 474 
Anthony's — 
Total $ 474 
Interest expense:
BurgerFi $ 965 
Anthony's 1,106 
Total $ 2,071 
Net loss:
BurgerFi $ (12,960)
Anthony's (600)
Total $ (13,560)

Total assets by segment are as follows:

(in thousands) March 31, 2022 December 31, 2021
Total assets:
BurgerFi $ 173,834  $ 161,675 
Anthony's 194,433  156,044 
Total $ 368,267  $ 317,719