Annual report pursuant to Section 13 and 15(d)

Supplemental Disclosure of Noncash Activities

v3.21.1
Supplemental Disclosure of Noncash Activities
12 Months Ended
Dec. 31, 2020
Noncash Or Part Noncash Acquisition Net Nonmonetary Assets Acquired Liabilities Assumed [Abstract]  
Supplemental Disclosure of Noncash Activities

12.

Supplemental Disclosure of Noncash Activities

As described in Note 1, on April 1, 2020, the Company acquired a restaurant from a franchisee, with financing on a note payable of $600,000.

As described in Note 5, consideration issued in the business combination included shares of stock valued at  $103,680,000, and contingent consideration valued at $103,207,000.