Gaucho Group Holdings, Inc. Annual report pursuant to Section 13 and 15(d)

COMMITMENTS AND CONTINGENCIES (Tables)

12 Months Ended

Dec. 31, 2021

Supplemental cash flow information related to leases was as follows:

	For the Year Ended
	December 31,
	2021			2020

Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	238,081		$	78,827

Right-of-use assets obtained in exchange for lease obligations:
Operating leases	$	1,861,983		$	-

Remaining lease term		6.3			0.0 years

Weighted Average Discount Rate:
Operating leases		7.0	%		8.0	%

Future minimum lease commitments are as follows:

For the Years Ending December 31,	Amount
2022	$	289,409
2023		303,603
2024		336,102
2025		357,881
2026		368,617
Thereafter		485,469
Total future minimum lease payments		2,141,081
Less: imputed interest		(434,582	)
Total	$	1,706,499