Company research
Amergent Hospitality Group Inc.
CIK 1805024Updated Sep 26, 2026
Securities
Historical securities (1)
AMHG · NYSE_AMERICAN · equity · closed Jul 19, 2024Name history
Amergent Hospitality Group, Inc · through Feb 14, 2022
AMHG price & chart
Historical security
This listing closed Jul 19, 2024. Live provider charts are shown only for current listings.
In the news
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Recent filings
REVOKED filing
Bankruptcy or Receivership · Material Modification to Rights of Security Holders
Items 1.03, 3.03, 9.01
8-K filing
10-K filing
8-K filing
Show 5 more recent filings
Financials
FY 2022 · USDSource
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balance sheet · annual statements
| Line item | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 19,185,000Source | 26,218,000Source | 28,647,339Source | 31,532,852Source |
| Property, Plant and Equipment, NetUSD | 2,338,000Source | 3,115,000Source | 3,702,894Source | 5,630,490Source |
| GoodwillUSD | 7,810,000Source | 7,810,000Source | 8,591,149Source | 8,567,888Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 2,309,000Source | 3,129,000Source | 3,043,885Source | 3,656,995Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 375,000Source | 646,000Source | 1,928,804Source | — |
| Accounts Receivable | — | — | — | — |
| Inventory, NetUSD | 158,000Source | 182,000Source | 172,695Source | 287,111Source |
| Assets, CurrentUSD | 1,636,000Source | 3,775,000Source | 3,119,037Source | 1,169,594Source |
| Prepaid Expense and Other Assets, CurrentUSD | 222,000Source | 360,000Source | 290,227Source | 249,579Source |
| Operating Lease, Right-of-Use AssetUSD | 4,976,000Source | 8,021,000Source | 9,529,443Source | 11,668,026Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 28,431,000Source | 32,396,000Source | 31,336,037Source | 34,684,863Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 2,000Source | 2,000Source | 1,428Source | 1,041Source |
| Additional Paid in CapitalUSD | 93,160,000Source | 92,882,000Source | 92,433,344Source | 71,505,989Source |
| Retained Earnings (Accumulated Deficit)USD | -100,976,000Source | -97,963,000Source | -94,587,482Source | -75,068,385Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | — | — | -25,916Source | -46,437Source |
| Stockholders' Equity Attributable to ParentUSD | -7,814,000Source | -5,079,000Source | -2,178,626Source | -3,607,792Source |
| Liabilities and EquityUSD | 19,185,000Source | 26,218,000Source | 28,647,339Source | 31,532,852Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 17,969,000Source | 16,252,000Source | 15,400,435Source | 18,095,465Source |
| Operating Lease, Liability, CurrentUSD | 5,395,000Source | 4,599,000Source | 4,209,389Source | 3,299,309Source |
| Accounts Payable, CurrentUSD | 3,240,000Source | 2,544,000Source | 3,752,036Source | 1,265,435Source |
| Operating Lease, Liability, NoncurrentUSD | 5,868,000Source | 8,644,000Source | 10,677,862Source | 14,382,354Source |
| Deferred Income Tax Liabilities, NetUSD | 192,000Source | 150,000Source | 108,809Source | 102,304Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | -1,490,000Source | -1,157,000Source | -969,680Source | 455,781Source |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 3,385,000Source | 1,955,000Source | 1,436,679Source | 2,965,205Source |
| Long-term Debt, Excluding Current MaturitiesUSD | — | — | — | 6,630,961Source |
| Long-term Debt, Current MaturitiesUSD | 3,329,000Source | 3,264,000Source | 2,338,978Source | 6,630,961Source |
| Long-term Debt, Excluding Current MaturitiesUSD | 4,335,000Source | 6,593,000Source | 4,353,942Source | — |
| Short-term InvestmentsUSD | 12,000Source | 50,000Source | 413,268Source | — |
cash flow · annual statements
| Line item | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -3,346,000Source | -3,518,000Source | -20,590,973Source | -18,465,032Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation and amortization | — | — | — | — |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 15,000Source | 48,000Source | — | 126,829Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in InventoriesUSD | -24,000Source | 46,000Source | -107,686Source | 68,163Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -3,711,000Source | -4,474,000Source | -5,616,136Source | -4,046,550Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -315,000Source | 2,978,000Source | -63,751Source | 678,669Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 315,000Source | 129,000Source | 63,751Source | 472,882Source |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 2,083,000Source | 1,902,000Source | 7,107,141Source | 3,343,397Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -1,943,000Source | 390,000Source | 1,427,787Source | -23,094Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 375,000Source | — | — | — |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 676,000Source | 402,000Source | 471,707Source | 556,352Source |
| Income Taxes Paid, NetUSD | 23,000Source | 76,000Source | 25,956Source | 110,707Source |
| Additional Financial Items | ||||
| Amortization of Debt Issuance CostsUSD | — | 186,000Source | 134,208Source | — |
| DepreciationUSD | 500,000Source | 600,000Source | 1,158,915Source | 1,468,576Source |
| Derivative, Gain (Loss) on Derivative, NetUSD | — | 119,000Source | 616,200Source | — |
| Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of TaxUSD | — | — | — | -1,021,674Source |
| Gain (Loss) on InvestmentsUSD | -38,000Source | — | — | — |
| Gain (Loss) on Sale of InvestmentsUSD | — | -244,000Source | -1,232,037Source | 21,616Source |
| Gain (Loss) on Extinguishment of DebtUSD | 161,000Source | — | -11,808,111Source | — |
| General and Administrative ExpenseUSD | 5,584,000Source | 5,210,000Source | 4,691,541Source | 5,966,447Source |
| GoodwillUSD | 7,810,000Source | 7,810,000Source | 8,591,149Source | 8,567,888Source |
| Goodwill, Impairment LossUSD | — | — | — | 2,025,720Source |
| Impairment of Intangible Assets, Finite-livedUSD | 800,000Source | 400,000Source | 832,821Source | — |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | — | — | -20,590,973Source | -17,443,358Source |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to ParentUSD | — | — | — | -1,021,674Source |
| Income Tax Expense (Benefit)USD | 42,000Source | 118,000Source | 6,505Source | 73,726Source |
| Net Income (Loss) Attributable to ParentUSD | -3,013,000Source | -3,376,000Source | -19,971,421Source | -17,726,384Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | -3,376,000Source | -19,999,640Source | -17,838,622Source |
| Nonoperating Income (Expense)USD | 4,147,000Source | 94,000Source | -12,320,785Source | -1,291,410Source |
| Operating Costs and ExpensesUSD | 15,089,000Source | 13,262,000Source | 13,194,583Source | 19,406,358Source |
| Operating ExpensesUSD | 28,743,000Source | 24,146,000Source | 27,027,599Source | 46,221,340Source |
| Other Nonoperating Income (Expense)USD | 354,000Source | 310,000Source | 281,293Source | -617,837Source |
| Payments of Financing CostsUSD | 36,000Source | — | — | — |
| Proceeds from Issuance of Common StockUSD | — | — | — | 153,055Source |
| Proceeds from Noncontrolling InterestsUSD | — | — | — | 575,000Source |
income statement · annual statements
| Line item | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|
| Total RevenueUSD | 21,294,000Source | 20,652,000Source | 18,763,916Source | 30,143,118Source |
| Operating Income (Loss)USD | -7,449,000Source | -3,494,000Source | -8,263,683Source | -16,078,222Source |
| Other Nonoperating Income (Expense)USD | 354,000Source | 310,000Source | 281,293Source | -617,837Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -3,303,000Source | -3,400,000Source | -20,584,468Source | -17,369,632Source |
| Income Tax Expense (Benefit)USD | 42,000Source | 118,000Source | 6,505Source | 73,726Source |
| Net Income (Loss) Attributable to ParentUSD | -3,013,000Source | -3,376,000Source | -19,971,421Source | -17,726,384Source |
| Earnings Per Share, BasicUSD per share | -0.19Source | — | — | — |
| Earnings Per Share, DilutedUSD per share | -0.19Source | — | — | — |
| Weighted Average Number of Shares Outstanding, Basicshares | 15,706,736Source | — | — | — |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 15,706,736Source | — | — | — |
| Additional Financial Items | ||||
| Depreciation, Depletion and Amortization, NonproductionUSD | 693,000Source | 1,047,000Source | 1,525,367Source | 1,842,352Source |
| Gain (Loss) on InvestmentsUSD | -38,000Source | — | — | — |
| General and Administrative ExpenseUSD | 5,584,000Source | 5,210,000Source | 4,691,541Source | 5,966,447Source |
| Goodwill, Impairment LossUSD | — | — | — | 2,025,720Source |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | — | — | -20,590,973Source | -17,443,358Source |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to ParentUSD | — | — | — | -1,021,674Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | -3,376,000Source | -19,999,640Source | -17,838,622Source |
| Nonoperating Income (Expense)USD | 4,147,000Source | 94,000Source | -12,320,785Source | -1,291,410Source |
| Operating Costs and ExpensesUSD | 15,089,000Source | 13,262,000Source | 13,194,583Source | 19,406,358Source |
| Operating ExpensesUSD | 28,743,000Source | 24,146,000Source | 27,027,599Source | 46,221,340Source |
| Other ExpensesUSD | — | — | — | 9,225,366Source |