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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Oct. 31, 2024
Oct. 31, 2023
Oct. 31, 2024
Oct. 31, 2023
REVENUE        
TOTAL REVENUE $ 1,825,128 $ 1,824,499 $ 5,959,490 $ 5,751,583
OPERATING EXPENSES        
TOTAL OPERATING EXPENSES 1,955,450 1,974,539 6,213,199 5,881,402
OPERATING LOSS (130,322) (150,040) (253,709) (129,819)
Other Income 4,821 13,991 19,649 32,806
Interest Income 235 15,151 33,872
TOTAL OTHER INCOME 4,821 14,226 34,800 66,678
Interest on Mortgage Notes Payable 86,498 119,601 321,778 361,641
Interest on Other Notes Payable 5,483 5,288 16,059 15,898
TOTAL INTEREST EXPENSE 91,981 124,889 337,837 377,539
CONSOLIDATED NET LOSS BEFORE EMPLOYEE RETENTION CREDIT (217,482) (260,703) (556,746) (440,680)
Employee Retention Credit 350,791 1,052,373
CONSOLIDATED NET (LOSS) INCOME (217,482) 90,088 (556,746) 611,693
LESS: NET INCOME ATTRIBUTABLE TO NON-CONTROLLING INTEREST 58,883 28,644 254,912 314,808
NET (LOSS) INCOME ATTRIBUTABLE TO CONTROLLING INTERESTS $ (276,365) $ 61,444 $ (811,658) $ 296,885
NET (LOSS) INCOME PER SHARE - BASIC $ (0.03) $ 0.01 $ (0.09) $ 0.03
NET (LOSS) INCOME PER SHARE - DILUTED $ (0.03) $ 0.01 $ (0.09) $ 0.03
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING - BASIC 8,820,159 9,215,629 8,781,199 9,111,614
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING - DILUTED 8,820,159 9,215,629 8,781,199 9,111,614
Room [Member]        
REVENUE        
TOTAL REVENUE $ 1,755,976 $ 1,779,713 $ 5,764,638 $ 5,644,555
OPERATING EXPENSES        
TOTAL OPERATING EXPENSES 570,313 605,559 1,935,206 1,866,195
Food and Beverage [Member]        
REVENUE        
TOTAL REVENUE 22,957 9,779 71,220 38,484
OPERATING EXPENSES        
TOTAL OPERATING EXPENSES 20,209 45,320 71,567 138,532
Other [Member]        
REVENUE        
TOTAL REVENUE 46,195 35,007 123,632 68,544
OPERATING EXPENSES        
TOTAL OPERATING EXPENSES     22,740 26,970
General and Administrative [Member]        
OPERATING EXPENSES        
TOTAL OPERATING EXPENSES 536,440 551,031 1,662,161 1,774,858
Selling And Marketing [Member]        
OPERATING EXPENSES        
TOTAL OPERATING EXPENSES 98,995 96,218 349,245 294,288
Repairs and Maintenance [Member]        
OPERATING EXPENSES        
TOTAL OPERATING EXPENSES 97,805 126,863 313,340 338,323
Hospitality [Member]        
OPERATING EXPENSES        
TOTAL OPERATING EXPENSES 141,802 114,389 450,654 346,086
Utilities [Member]        
OPERATING EXPENSES        
TOTAL OPERATING EXPENSES 104,365 105,001 312,165 315,530
Depreciation [Member]        
OPERATING EXPENSES        
TOTAL OPERATING EXPENSES 174,767 167,311 520,847 502,097
Real Estate and Personal Property Taxes, Insurance and Ground Rent [Member]        
OPERATING EXPENSES        
TOTAL OPERATING EXPENSES $ 210,754 $ 162,847 $ 575,274 $ 278,523