| SCHEDULE OF SEGMENT INFORMATION |
The
following tables present segment information for the years ended December 31, 2023 and 2022:
SCHEDULE
OF SEGMENT INFORMATION
| |
|
Real Estate |
|
|
Fashion |
|
|
|
|
|
|
|
| |
|
For
the Year Ended December 31, 2023 |
|
| |
|
Real Estate |
|
|
Fashion |
|
|
|
|
|
|
|
| |
|
Development |
|
|
(e-commerce) |
|
|
Corporate |
|
|
TOTAL |
|
| Revenues |
|
$ |
1,911,436 |
|
|
$ |
239,578 |
|
|
$ |
- |
|
|
$ |
2,151,014 |
|
| Revenues from Foreign
Operations |
|
$
|
1,911,436 |
|
|
$
|
- |
|
|
$
|
- |
|
|
$
|
1,911,436 |
|
| Depreciation and Amortization |
|
$ |
111,905 |
|
|
$ |
222,379 |
|
|
$
|
68,780 |
|
|
$ |
403,064 |
|
| Loss from Operations |
|
$ |
(1,712,798 |
) |
|
$ |
(1,695,224 |
) |
|
$
|
(7,419,794 |
) |
|
$ |
(10,827,816 |
) |
| Interest Income |
|
$ |
(71,978 |
) |
|
$ |
- |
|
|
$
|
- |
|
|
$ |
(71,978 |
) |
| Interest Expense |
|
$ |
166,276 |
|
|
$ |
- |
|
|
$
|
3,321,837 |
|
|
$ |
3,488,113 |
|
| Net Loss |
|
$ |
(731,276 |
)
|
|
$ |
(1,695,224 |
) |
|
$
|
(13,771,510 |
) |
|
$ |
(16,198,010 |
) |
| Capital Expenditures |
|
$ |
577,859 |
|
|
$ |
5,173 |
|
|
$
|
32,366 |
|
|
$ |
615,398 |
|
| Total Property and Equipment,
net |
|
$ |
6,651,946 |
|
|
$ |
1,154,424 |
|
|
$
|
- |
|
|
$ |
7,806,370 |
|
| Total
Property and Equipment, net in Foreign Countries |
|
$ |
6,651,946 |
|
|
$ |
- |
|
|
$
|
- |
|
|
$ |
6,651,946 |
|
| Total Assets |
|
$ |
13,004,982 |
|
|
$ |
3,110,117 |
|
|
$ |
445,226 |
|
|
$ |
16,560,325 |
|
GAUCHO
GROUP HOLDINGS, INC. AND SUBSIDIARIES
NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS
| |
|
Real Estate |
|
|
Fashion |
|
|
|
|
|
|
|
| |
|
For
the Year Ended December 31, 2022 |
|
| |
|
Real
Estate |
|
|
Fashion |
|
|
|
|
|
|
|
| |
|
Development |
|
|
(e-commerce) |
|
|
Corporate |
|
|
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 Income |
|
|
(142,746 |
) |
|
|
- |
|
|
|
- |
|
|
|
(142,746 |
) |
| Interest Expense |
|
|
99,366 |
|
|
|
- |
|
|
|
1,595,091 |
|
|
|
1,694,457 |
|
| 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 |
|
|