COMMITMENTS AND CONTINGENCIES (Details Narrative) - USD ($) |
12 Months Ended | |||||
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Apr. 08, 2021 |
May 31, 2020 |
Sep. 28, 2015 |
Dec. 31, 2021 |
Dec. 31, 2020 |
Sep. 30, 2021 |
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Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items] | ||||||
Lease expiration date | Aug. 31, 2020 | |||||
Security deposit | $ 56,130 | $ 61,284 | ||||
Payments to landlord for rent | 5,683 | |||||
Landlord cost for termination expenses | $ 11,860 | |||||
Loss on termination of lease | $ 39,367 | |||||
Lease term of contract | 7 years | |||||
Maturity date | May 01, 2028 | |||||
Lease remaining term | 6 years 3 months 18 days | |||||
Lease description | Lease payments begin at $26,758 per month and escalate 3% every year over the duration of the lease. The Company was granted rent abatements of 15% for the first year of the lease term, and 10% for the second and third year of the lease term | |||||
Payments for rent | $ 26,758 | |||||
Operating lease expenses | $ 221,241 | $ 154,177 | ||||
Chief Executive Officer [Member] | Employment Agreement [Member] | ||||||
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items] | ||||||
Agreement term | 3 years | |||||
Annual salary | $ 401,700 | |||||
Cos-of-living percentage | 3.00% | |||||
Mr Mathis [Member] | Employment Agreement [Member] | ||||||
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items] | ||||||
Salary adjustment and bonus, description | The Board of Directors also approved the payment of Mr. Mathis’ cost of living salary adjustment of 3% per annum, which is paid in equal monthly installments beginning January 1, 2021. The Board of Directors granted a retention bonus to Mr. Mathis that consists of the real estate lot on which Mr. Mathis has been constructing a home at Algodon Wine Estates, to vest in one-third increments over the next three years (the “Retention Period”), provided Mr. Mathis’s performance as an employee with the Company continues to be satisfactory, as deemed by the Board of Directors. The grant date market value of the lot is $115,000, and before ownership of the lot can be transferred to Mr. Mathis, the Company must be legally permitted to issue a deed for the property | |||||
Percentage of salary adjustment | 3.00% | |||||
Value of bonus award | $ 115,000 | |||||
Compensation paid | $ 58,001 |
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- Definition Cos-of-living percentage. No definition available.
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- Definition Landlord cost for termination expense. No definition available.
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- Definition Lease agreement maturity date. No definition available.
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- Definition Payments to landlord for rent. No definition available.
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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- Definition Amount of gain (loss) on termination of lease before expiration of lease term. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Date which lease or group of leases is set to expire, in YYYY-MM-DD format. No definition available.
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- Definition Description of lessee's operating lease. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Remaining lease term of operating lease, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Term of lessee's operating lease, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of operating lease expense. Excludes sublease income. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Cash payments to lessor's for use of assets under operating leases. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of expense for salary and wage arising from service rendered by nonofficer and officer employees. Excludes allocated cost, labor-related nonsalary expense, and direct and overhead labor cost included in cost of good and service sold. No definition available.
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- Definition The amount of an asset, typically cash, provided to a counterparty to provide certain assurance of performance by the entity pursuant to the terms of a written or oral agreement, such as a lease. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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