SEGMENT DATA

3 Months Ended

Mar. 31, 2024

Segment Reporting [Abstract]

SEGMENT DATA

11. 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 following table presents segment information for the three months ended March 31, 2024 and 2023:

	For the Three Months Ended March 31, 2024												For the Three Months Ended March 31, 2023
	Real												Real
	Estate			Fashion									Estate			Fashion
	Development			(e-commerce)			Corporate			TOTAL			Development			(e-commerce)			Corporate			TOTAL
Revenues	$	532,437		$	54,941		$	-		$	587,378		$	382,385		$	65,382		$	-		$	447,767
Revenues from Foreign Operations	$	532,437		$	-		$	-		$	532,437		$	382,385		$	-		$	-		$	382,385
Loss from Operations	$	(250,032	)	$	(455,287	)	$	(1,545,930	)	$	(2,251,249	)	$	(334,004	)	$	(492,199	)	$	(1,119,802	)	$	(1,946,005	)

GAUCHO GROUP HOLDINGS, INC. AND SUBSIDIARIES

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(unaudited)

The following table presents segment information as of March 31, 2024 and December 31, 2023.

	As of March 31, 2024								As of December 31, 2023
	Real								Real
	Estate		Fashion						Estate		Fashion
	Development		(e-commerce)		Corporate		TOTAL		Development		(e-commerce)		Corporate		TOTAL
Total Property and Equipment, net	$	6,742,806	$	999,103	$	-	$	7,741,909	$	6,651,946	$	1,154,424	$	-	$	7,806,370
Total Property and Equipment, net in Foreign Countries	$	6,742,806	$	-	$	-	$	6,742,806	$	6,651,946	$	-	$	-	$	6,651,946
Total Assets	$	13,072,848	$	2,802,254	$	494,211	$	16,369,313	$	13,004,982	$	3,110,117	$	445,226	$	16,560,325