BurgerFi International, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Basis of Presentation (Tables)

Basis of Presentation (Tables)

3 Months Ended

Mar. 31, 2021

Accounting Policies [Abstract]

Summary of Store Activity

Store activity for the periods ended March 31, 2021 and 2020 is as follows:


		Three Months Ended March 31, 2021				Year Ended December 31, 2020
Franchised stores, beginning of the period			102				117
Stores opened during the period			2				9
Stores transferred/sold to the Company			—				(2	)
Stores closed during the period			(6	)			(22	)

Franchised stores, end of the period			98				102


		Three Months Ended March 31, 2021				Year Ended December 31, 2020
Corporate owned stores, beginning of the period			17				13
Stores opened during the period			2				2
Stores transferred/sold to the Company			—				2
Stores closed during the period			—				—

Corporate owned stores, end of the period			19				17

Schedule of reconciliation of net loss per common share

Basic and diluted loss per common share is calculated as follows (in thousands, except per share data):


		Three Months Ended March 31, 2021
Net loss attributable to common shareholders		$	(8,210	)
Weighted average common shares outstanding, basic and dilu te d			17,814,336
Basic and diluted net loss per common share		$	(0.46	)