Quarterly report pursuant to Section 13 or 15(d)

Segment Data (Tables)

v3.20.2
Segment Data (Tables)
9 Months Ended
Sep. 30, 2020
Segment Reporting [Abstract]  
Schedule of Segment Information

The Company has recast its financial information and disclosures for the prior period to reflect the segment disclosures as if the current presentation had been in effect throughout all periods presented. The following tables present segment information for the three and nine months ended September 30, 2020 and 2019:

 

    For the Three Months Ended September 30, 2020     For the Nine Months Ended September 30, 2020  
    Real Estate Development     Fashion
(e-commerce)
    Corporate(1)     TOTAL     Real Estate Development     Fashion
(e-commerce)
    Corporate(1)     TOTAL  
Revenues   $ 60,228     $ -     $                       -     $ 60,228     $ 473,797     $ 749     $                      -     $ 474,546  
Revenues from Foreign Operations   $ 60,228     $ -     $ -     $ 60,228     $ 473,797     $ -     $ -     $ 473,797  
Loss from Operations   $ (48,463 )   $ (154,612 )   $ (804,012 )   $ (1,007,087 )   $ (894,842 )   $ (723,921 )   $ (2,089,407 )   $ (3,708,170 )

 

    For the Three Months Ended September 30, 2019     For the Nine Months Ended September 30, 2019  
    Real Estate Development     Fashion
(e-commerce)
    Corporate(1)     TOTAL     Real Estate Development     Fashion
(e-commerce)
    Corporate(1)     TOTAL  
Revenues   $ 231,231     $ -     $                       -     $ 231,231     $ 940,459     $ -     $                       -     $ 940,459  
Revenues from Foreign Operations   $ 231,231     $ -     $ -     $ 231,231     $ 940,459     $ -     $ -     $ 940,459  
Loss from Operations   $ (361,267 )   $ (180,414 )   $ (928,968 )   $ (1,470,649 )   $ (951,975 )   $ (695,275 )   $ (3,022,679 )   $ (4,669,929 )

 

(1) Unallocated corporate operating losses resulting from general corporate overhead expenses not directly attributable to any one of the business segments.