Quarterly report pursuant to Section 13 or 15(d)

Organization and Summary of Significant Accounting Policies (Tables)

v3.22.1
Organization and Summary of Significant Accounting Policies (Tables)
 3 Months Ended
Mar. 31, 2022
Accounting Policies [Abstract]  
Summary of Store Activity Store activity for the period ended March 31, 2022 and the year ended December 31, 2021 are as follows:
March 31, 2022 December 31, 2021
Corporate-owned Franchised Total Corporate-owned Franchised Total
Total BurgerFi and Anthony's 88  97  185  86  93  179 
BurgerFi stores, beginning of the period 25  93  118  17  102  119 
BurgerFi stores opened 3  3  6  10  6  16 
BurgerFi stores transferred/sold (1) 1  —  (1) 1  — 
BurgerFi stores closed —  —  —  (1) (16) (17)
BurgerFi total stores, end of the period 27  97  124  25  93  118 
Anthony's stores, beginning of period / acquired 61  —  61  61  —  61 
Anthony's total stores, end of the period 61  —  61  61  —  61 
Summary of Calculation of Basic and Diluted Income (Loss) Per Common Share
Basic and diluted net loss per common share is calculated as follows:

(in thousands, except for per share data) Three Months Ended March 31, 2022 Three Months Ended March 31, 2021
Net loss attributable to common shareholders $ (13,560) $ (8,210)
Weighted-average shares outstanding, basic and diluted 21,962,165  17,814,336 
Basic and diluted net loss per common share $ (0.62) $ (0.46)