SEGMENT DATA

6 Months Ended

Jun. 30, 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 tables present segment information for the three and six months ended June 30, 2024 and 2023, respectively:

	For the Three Months Ended June 30, 2024												For the Six Months Ended June 30, 2024
	Real Estate Development			Fashion (e-commerce)			Corporate			TOTAL			Real Estate Development			Fashion (e-commerce)			Corporate			TOTAL
Revenues	$	395,250		$	31,977		$	-		$	427,227		$	927,687		$	86,918		$	-		$	1,014,605
Revenues from Foreign Operations	$	395,250		$	-		$	-		$	395,250		$	927,687		$	-		$	-		$	927,687
Loss from Operations	$	(505,970	)	$	(473,304	)	$	(1,442,880	)	$	(2,422,154	)	$	(756,002	)	$	(928,591	)	$	(2,988,810	)	$	(4,673,403	)

GAUCHO GROUP HOLDINGS, INC. AND SUBSIDIARIES

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(unaudited)

	For the Three Months Ended June 30, 2023												For the Six Months Ended June 30, 2023
	Real Estate Development			Fashion (e-commerce)			Corporate			TOTAL			Real Estate  Development			Fashion (e-commerce)			Corporate			TOTAL
Revenues	$	670,594		$	40,381		$	-		$	710,975		$	1,052,979		$	105,763		$	-		$	1,158,742
Revenues from Foreign Operations	$	670,594		$	-		$	-		$	670,594		$	1,052,979		$	-		$	-		$	1,052,979
Loss from Operations	$	(123,767	)	$	(463,126	)	$	(1,398,694	)	$	(1,985,587	)	$	(457,771	)	$	(955,325	)	$	(2,518,496	)	$	(3,931,592	)

The following table presents segment information as of June 30, 2024 and December 31, 2023.

	As of June 30, 2024									As of December 31, 2023
	Real Estate  Development		Fashion (e-commerce)		Corporate			TOTAL		Real Estate  Development		Fashion (e-commerce)		Corporate		TOTAL
Total Property and Equipment, net	$	6,679,443	$	1,040,424	$	(256,589	)	$	7,463,278	$	6,651,946	$	1,154,424	$	-	$	7,806,370
Total Property and Equipment, net  in Foreign Countries	$	6,679,443	$	-	$	-		$	6,679,443	$	6,651,946	$	-	$	-	$	6,651,946
Total Assets	$	12,895,373	$	2,522,805	$	521,234		$	15,939,412	$	13,004,982	$	3,110,117	$	445,226	$	16,560,325