Gaucho Group Holdings, Inc. General form of registration statement for all companies including face-amount certificate companies

Summary of Significant Accounting Policies (Tables)

Summary of Significant Accounting Policies (Tables)

6 Months Ended

12 Months Ended

Jun. 30, 2019

Dec. 31, 2018

Accounting Policies [Abstract]

Schedule of Plant and Equipment, Useful Life

The estimated useful lives of property and equipment are as follows:

Buildings		10 - 30 years
Furniture and fixtures		3 - 10 years
Vineyards		7 - 20 years
Machinery and equipment		3 - 20 years
Leasehold improvements		3 - 5 years
Computer hardware and software		3 - 5 years

Schedule of Long-lived Assets by Geographic Areas

	As of
	December 31,
	2018		2017
Assets - Argentina	$	5,151,626	$	6,781,285
Assets - U.S.		495,865		1,563,521
Total Assets	$	5,647,491	$	8,344,806

Liabilities - Argentina	$	4,440,345	$	3,743,164
Liabilities - U.S.		2,277,569		595,138
Total Liabilities	$	6,717,914	$	4,338,302

Schedule of Revenue from External Customers by Geographic Areas

	For the Years Ended
	December 31,
	2018			2017
Revenues - Argentina	$	3,099,608		$	1,665,568
Revenues - U.S.		-			151,734
Total Revenues from Continuing Operations	$	3,099,608		$	1,817,302

Net Income (loss) - Argentina	$	(499,101	)	$	(2,212,286	)
Net loss - U.S.		(5,179,317	)		(5,594,475	)
Total Net Loss from Continuing Operations	$	(5,678,418	)	$	(7,806,761	)

Schedule of Revenue Recognized Multiple-Deliverable Arrangements

The following table summarizes the revenue recognized in the Company’s condensed consolidated statements of operations:

	For The Three Months Ended				For The Six Months Ended
	June 30,				June 30,
	2019		2018		2019		2018

Real estate sales	$	-	$	77,182	$	-	$	877,036
Hotel room and events		107,736		164,011		367,356		387,579
Restaurants		31,858		66,173		97,781		156,270
Winemaking		12,338		87,775		102,880		227,171
Golf, tennis and other^[1]		116,801		1,251		141,211		26,259
	$	268,733	$	396,392	$	709,228	$	1,674,315

[1] During the three and six months ended June 30, 2019, the Company recognized $94,207 of agricultural revenues resulting from the sale of grapes.

The following table summarizes the revenue recognized in the Company’s consolidated statements of operations:

	For the Years Ended
	December 31,
	2018		2017
Real estate sales	$	1,467,714	$	-
Hotel rooms and events		882,213		850,645
Restaurants		277,652		314,822
Winemaking		315,741		471,374
Golf, tennis and other		156,288		180,461
Total revenues	$	3,099,608	$	1,817,302

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

The following securities are excluded from the calculation of weighted average dilutive common shares because their inclusion would have been anti-dilutive:

	June 30,
	2019		2018

Options		7,409,375		7,973,593
Warrants		992,166		1,376,875
Series B convertible preferred stock		9,026,700		9,026,700
Convertible debt		-		1,987,070
Total potentially dilutive shares		17,428,241		20,364,238

The following securities are excluded from the calculation of weighted average dilutive common shares because their inclusion would have been anti-dilutive:

	For the Years Ended
	December 31,
	2018		2017
Options		9,499,265		9,234,265
Warrants		1,229,630		1,465,296
Series B convertible preferred stock		9,026,700		9,026,700
Convertible debt⁽¹⁾		4,631,356		-
Total potentially dilutive shares		24,386,951		19,726,261

⁽¹⁾At December 31, 2017, $20,000 of convertible debt was convertible into common stock at a 10% discount to the price used for the sale of the of the Company’s common stock in a future private placement offering.