SEGMENT DATA

6 Months Ended

Jun. 30, 2022

Segment Reporting [Abstract]

SEGMENT DATA

12. SEGMENT DATA

The Company’s financial position and results of operations are classified into three reportable segments, consistent with how the CODM makes decisions about resource allocation and assesses the Company’s performance.

● Real Estate Development, through AWE and TAR, including hospitality and winery operations, which support the ALGODON® brand.

● Fashion (e-commerce), through GGI, including the manufacture and sale of high-end fashion and accessories sold through an e-commerce platform.

● Corporate, consisting of general corporate overhead expenses not directly attributable to any one of the business segments.

The Company has recast its financial information and disclosures for the prior period to reflect the segment disclosures as if the current presentation had been in effect throughout all periods presented. The following tables present segment information for the three and six months ended June 30, 2022 and 2021:

	For the Three Months Ended June 30, 2022												For the Six Months Ended June 30, 2022
	Real Estate Development			Fashion (e-commerce)			Corporate			TOTAL			Real Estate Development			Fashion (e-commerce)			Corporate			TOTAL
Revenues	$	399,223		$	6,112		$	-		$	405,335		$	819,658		$	11,274		$	-		$	830,932
Revenues from Foreign Operations	$	399,223		$	-		$	-		$	399,223		$	819,658		$	-		$	-		$	819,658
Loss from Operations	$	(1,339,272	)	$	(341,668	)	$	(758,493	)	$	(2,439,433	)	$	(1,725,125	)	$	(700,201	)	$	(1,789,910	)	$	(4,215,236	)

	For the Three Months Ended June 30, 2021												For the Six Months Ended June 30, 2021
	Real Estate Development			Fashion (e-commerce)			Corporate			TOTAL			Real Estate Development			Fashion (e-commerce)			Corporate			TOTAL
Revenues	$	338,167		$	2,193		$	-		$	340,360		$	606,648		$	8,751		$	-		$	615,399
Revenues from Foreign Operations	$	338,167		$	-		$	-		$	338,167		$	606,648		$	-		$	-		$	606,648
Loss from Operations	$	(148,260	)	$	(248,140	)	$	(898,660	)	$	(1,295,060	)	$	(251,385	)	$	(373,891	)	$	(2,065,654	)	$	(2,690,930	)

GAUCHO GROUP HOLDINGS, INC. AND SUBSIDIARIES

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(unaudited)

The following tables present segment information as of June 30, 2022 and December 31, 2021:

	As of June 30, 2022								As of December 31, 2021
	Real Estate Development		Fashion (e-commerce)		Corporate		TOTAL		Real Estate Development		Fashion (e-commerce)		Corporate		TOTAL
Total Property and Equipment, net	$	6,167,987	$	1,338,095	$	18,229	$	7,524,311	$	3,329,351	$	447,590	$	-	$	3,776,941
Total Property and Equipment, net in Foreign Countries	$	6,167,987	$	-	$	-	$	6,167,987	$	3,329,351	$	-	$	-	$	3,329,351
Total Assets	$	20,126,127	$	3,662,905	$	1,218,321	$	25,007,353	$	17,413,160	$	2,660,305	$	4,240,267	$	24,313,732