|
CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
|
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
|
Jun. 30, 2012
|
Jun. 25, 2011
|
Jun. 30, 2012
|
Jun. 25, 2011
|
|
| Revenues | $ 19,562,979 | $ 19,617,207 | $ 35,316,724 | $ 34,709,335 |
| Operating costs: | ||||
| Cost of products sold and occupancy costs | 12,052,375 | 11,819,894 | 22,078,555 | 21,420,765 |
| Marketing and sales | 5,732,438 | 5,960,011 | 10,943,347 | 11,096,753 |
| General and administrative | 1,653,941 | 1,729,667 | 3,356,317 | 3,515,689 |
| Operating income (loss) | 124,225 | 107,635 | (1,061,495) | (1,323,872) |
| Change in fair value of warrant liability | (323) | 17,538 | (539) | 11,316 |
| Interest expense (net) | (42,749) | (81,920) | (92,079) | (155,102) |
| Income (loss) before income taxes | 81,153 | 43,253 | (1,154,113) | (1,467,658) |
| Income taxes | ||||
| Net income (loss) | $ 81,153 | $ 43,253 | $ (1,154,113) | $ (1,467,658) |
| Income (loss) per share: | ||||
| Basic | $ 0.00 | $ 0.00 | $ (0.05) | $ (0.06) |
| Diluted | $ 0.00 | $ 0.00 | $ (0.05) | $ (0.06) |
| Weighted-average shares outstanding: | ||||
| Basic | 38,930,281 | 39,301,774 | 24,412,507 | 24,355,975 |
| Diluted | 39,422,446 | 39,905,404 | 24,412,507 | 24,355,975 |