| SCHEDULE OF SEGMENT INFORMATION |
The
following tables present segment information for the year ended December 31, 2022 and 2021:
SCHEDULE
OF SEGMENT INFORMATION
| |
|
Real Estate Development |
|
|
Fashion
(e-commerce) |
|
|
Corporate(1) |
|
|
TOTAL |
|
| |
|
For the Year ended December 31, 2022 |
|
| |
|
Real Estate Development |
|
|
Fashion
(e-commerce) |
|
|
Corporate(1) |
|
|
TOTAL |
|
| Revenues |
|
$ |
1,540,955 |
|
|
$ |
102,760 |
|
|
$ |
- |
|
|
$ |
1,643,716 |
|
| Revenues from Foreign Operations |
|
$ |
1,540,955 |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
1,540,955 |
|
| Depreciation and Amortization |
|
$ |
152,183 |
|
|
$ |
58,279 |
|
|
$ |
41,479 |
|
|
$ |
251,941 |
|
| Loss from Operations |
|
$ |
(1,516,746 |
) |
|
$ |
(1,622,122 |
) |
|
$ |
(12,644,782 |
) |
|
$ |
(15,783,650 |
) |
| Interest Expense, net |
|
$ |
(43,380 |
) |
|
$ |
- |
|
|
$ |
1,595,091 |
|
|
$ |
1,551,711 |
|
| Net Loss |
|
$ |
(7,694,866 |
) |
|
$ |
(1,622,122 |
) |
|
$ |
(12,508,310 |
) |
|
$ |
(21,825,298 |
) |
| Capital Expenditures |
|
$ |
894,251 |
|
|
$ |
974,544 |
|
|
$ |
59,215 |
|
|
$ |
1,928,010 |
|
| Total Property and Equipment, net |
|
$ |
6,234,856 |
|
|
$ |
1,369,205 |
|
|
$ |
17,196 |
|
|
$ |
7,621,257 |
|
Total Property and Equipment, net
in Foreign Countries |
|
$ |
6,234,856 |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
6,234,856 |
|
| Total Assets |
|
$ |
13,504,914 |
|
|
$ |
3,522,415 |
|
|
$ |
1,665,656 |
|
|
$ |
18,692,985 |
|
GAUCHO
GROUP HOLDINGS, INC. AND SUBSIDIARIES
NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS
| |
|
Real Estate Development |
|
|
Fashion
(e-commerce) |
|
|
Corporate(1) |
|
|
TOTAL |
|
| |
|
For the Year ended December 31, 2021 |
|
| |
|
Real Estate Development |
|
|
Fashion
(e-commerce) |
|
|
Corporate(1) |
|
|
TOTAL |
|
| Revenues |
|
$ |
4,898,831 |
|
|
$ |
16,408 |
|
|
$ |
- |
|
|
$ |
4,915,240 |
|
| Revenues from Foreign Operations |
|
$ |
4,898,831 |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
4,898,831 |
|
| Depreciation and Amortization |
|
$ |
136,766 |
|
|
$ |
3,773 |
|
|
$ |
5,114 |
|
|
$ |
145,653 |
|
| Loss from Operations |
|
$ |
2,988,414 |
|
|
$ |
(970,154 |
) |
|
$ |
(4,431,038 |
) |
|
$ |
(2,412,778 |
) |
| Interest Expense, net |
|
$ |
77,316 |
|
|
$ |
1,724 |
|
|
$ |
269,058 |
|
|
$ |
348,098 |
|
| Net Loss |
|
$ |
3,040,469 |
|
|
$ |
(971,877 |
) |
|
$ |
(4,457,609 |
) |
|
$ |
(2,389,018 |
) |
| Capital Expenditures |
|
$ |
1,493,093 |
|
|
$ |
452,173 |
|
|
$ |
- |
|
|
$ |
1,945,266 |
|
| Total Property and Equipment, net |
|
$ |
3,329,351 |
|
|
$ |
447,590 |
|
|
$ |
- |
|
|
$ |
3,776,941 |
|
Total Property and Equipment, net
in Foreign Countries |
|
$ |
3,329,351 |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
3,329,351 |
|
| Total Assets |
|
$ |
17,413,160 |
|
|
$ |
2,660,305 |
|
|
$ |
4,240,267 |
|
|
$ |
24,313,732 |
|
|