Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v3.21.1
Summary of Significant Accounting Policies (Tables)
 3 Months Ended
Mar. 31, 2021
Accounting Policies [Abstract]  
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
    March 31,
    2021   2020
         
Hotel rooms and events   $ 105,179     $ 206,255  
Restaurants     128,018       59,516  
Winemaking     18,665       1,043  
Golf, tennis and other     16,618       29,423  
Clothes and accessories     6,559       749  
Total revenues   $ 275,039     $ 296,986  

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:

 

    March 31,
    2021   2020
         
Options     601,263       622,126  
Warrants     2,824,840       35,889  
Series B convertible preferred stock     -       601,780  
Convertible debt     -       167,439  
Total potentially dilutive shares     3,426,103       1,427,234