2022 Q3 Form 10-Q Financial Statement

#000149315222022821 Filed on August 15, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 Q2 2022 Q1
Revenue $440.9K $405.3K $425.6K
YoY Change -83.07% 19.09% 52.0%
Cost Of Revenue $433.9K $533.5K $238.1K
YoY Change 106.21% 90.46% 48.83%
Gross Profit $6.998K -$128.1K $187.5K
YoY Change -99.71% -312.63% 56.23%
Gross Profit Margin 1.59% -31.61% 44.05%
Selling, General & Admin $1.839M $2.262M $1.917M
YoY Change 24.93% 70.83% 30.41%
% of Gross Profit 26272.96% 1022.59%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $83.68K $49.00K $46.22K
YoY Change 134.0% 58.11% 15.55%
% of Gross Profit 1195.73% 24.65%
Operating Expenses $1.922M $2.311M $1.963M
YoY Change 27.51% 70.54% 30.02%
Operating Profit -$1.915M -$2.439M -$1.776M
YoY Change -315.87% 88.36% 27.76%
Interest Expense $105.5K $668.2K -$571.3K
YoY Change -342.44% 1950.56% -5813.0%
% of Operating Profit
Other Income/Expense, Net -$2.810M -$2.853M $75.00K
YoY Change -3311.98% 12455.51%
Pretax Income -$4.726M -$5.293M -$2.272M
YoY Change -607.48% 301.64% 99.31%
Income Tax
% Of Pretax Income
Net Earnings -$4.726M -$5.293M -$2.272M
YoY Change -584.05% 301.64% 99.24%
Net Earnings / Revenue -1071.75% -1305.78% -533.86%
Basic Earnings Per Share -$2.19 -$0.40 -$2.53
Diluted Earnings Per Share -$2.194M -$399.8K -$210.8K
COMMON SHARES
Basic Shares Outstanding 25.15M shares 13.24M shares 869.8K shares
Diluted Shares Outstanding 215.4K shares 1.103M shares

Balance Sheet

Concept 2022 Q3 2022 Q2 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $261.0K $254.7K $977.6K
YoY Change -90.94% -92.19% -82.29%
Cash & Equivalents $261.0K $255.0K $977.6K
Short-Term Investments
Other Short-Term Assets $1.053M $1.137M $1.138M
YoY Change 6.38% 37.98% 164.57%
Inventory $1.741M $1.572M $1.609M
Prepaid Expenses
Receivables $128.0K $507.1K $1.508M
Other Receivables $647.9K $0.00 $285.3K
Total Short-Term Assets $4.684M $4.146M $5.518M
YoY Change -29.62% -46.88% -31.71%
LONG-TERM ASSETS
Property, Plant & Equipment $7.681M $7.524M $8.276M
YoY Change 60.23% 67.68% 191.4%
Goodwill
YoY Change
Intangibles $71.29K $72.53K
YoY Change
Long-Term Investments $7.000M $7.000M $7.000M
YoY Change 100.0% 600.0%
Other Assets $1.264M $1.264M $957.7K
YoY Change 69.83% 90.04% 80.69%
Total Long-Term Assets $20.71M $20.86M $19.65M
YoY Change 88.99% 239.07% 481.24%
TOTAL ASSETS
Total Short-Term Assets $4.684M $4.146M $5.518M
Total Long-Term Assets $20.71M $20.86M $19.65M
Total Assets $25.39M $25.01M $25.16M
YoY Change 44.17% 79.16% 119.58%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $892.4K $879.2K $657.6K
YoY Change 95.23% 81.57% -15.7%
Accrued Expenses $812.9K $1.016M $992.1K
YoY Change 13.76% 31.45% 57.47%
Deferred Revenue $1.237M
YoY Change
Short-Term Debt $2.000M $5.000M $5.555M
YoY Change 28471.43% 71328.57% 4949.94%
Long-Term Debt Due $142.7K $170.3K $197.0K
YoY Change -42.71% -39.41% -40.3%
Total Short-Term Liabilities $5.309M $8.619M $8.307M
YoY Change 126.71% 201.62% 182.56%
LONG-TERM LIABILITIES
Long-Term Debt $91.98K $92.48K $92.75K
YoY Change -2.15% -1.62% 3.06%
Other Long-Term Liabilities $1.465M $1.542M $1.604M
YoY Change -8.19% -7.78% 969.37%
Total Long-Term Liabilities $91.98K $1.635M $1.697M
YoY Change -94.56% -7.45% 607.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $5.309M $8.619M $8.307M
Total Long-Term Liabilities $91.98K $1.635M $1.697M
Total Liabilities $6.866M $10.25M $10.00M
YoY Change 75.82% 126.29% 221.67%
SHAREHOLDERS EQUITY
Retained Earnings -$107.9M -$103.2M
YoY Change
Common Stock $27.50K $165.9K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $46.36K $46.36K
YoY Change
Treasury Stock Shares 281.0 shares 3.369K shares
Shareholders Equity $18.53M $14.75M $15.16M
YoY Change
Total Liabilities & Shareholders Equity $25.39M $25.01M $25.16M
YoY Change 44.17% 79.16% 119.58%

Cashflow Statement

Concept 2022 Q3 2022 Q2 2022 Q1
OPERATING ACTIVITIES
Net Income -$4.726M -$5.293M -$2.272M
YoY Change -584.05% 301.64% 99.24%
Depreciation, Depletion And Amortization $83.68K $49.00K $46.22K
YoY Change 134.0% 58.11% 15.55%
Cash From Operating Activities -$1.730M -$655.3K -$2.099M
YoY Change 1.92% -65.23% 0.93%
INVESTING ACTIVITIES
Capital Expenditures -$238.9K -$910.0K -$802.1K
YoY Change -42.69% 346.85% 3910.35%
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00 -$7.560K
YoY Change -100.0% -100.0%
Cash From Investing Activities -$238.9K -$910.0K -$809.6K
YoY Change -91.81% -24.4% 3948.15%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 1.692M 484.3K -26.33K
YoY Change -59.08% -31.18% -100.36%
NET CHANGE
Cash From Operating Activities -1.730M -655.3K -2.099M
Cash From Investing Activities -238.9K -910.0K -809.6K
Cash From Financing Activities 1.692M 484.3K -26.33K
Net Change In Cash -276.0K -1.081M -2.935M
YoY Change -42.24% -54.67% -156.12%
FREE CASH FLOW
Cash From Operating Activities -$1.730M -$655.3K -$2.099M
Capital Expenditures -$238.9K -$910.0K -$802.1K
Free Cash Flow -$1.491M $254.7K -$1.297M
YoY Change 16.45% -115.15% -37.03%

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us-gaap Gross Profit
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CY2021Q2 us-gaap Selling And Marketing Expense
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us-gaap Selling And Marketing Expense
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us-gaap Selling And Marketing Expense
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CY2021Q2 us-gaap General And Administrative Expense
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us-gaap General And Administrative Expense
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us-gaap General And Administrative Expense
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49000 usd
CY2021Q2 us-gaap Depreciation Depletion And Amortization
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30992 usd
us-gaap Depreciation Depletion And Amortization
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us-gaap Depreciation Depletion And Amortization
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CY2022Q2 us-gaap Operating Expenses
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us-gaap Interest Expense
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us-gaap Foreign Currency Transaction Gain Loss Unrealized
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us-gaap Foreign Currency Transaction Gain Loss Unrealized
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CY2022Q2 us-gaap Gains Losses On Extinguishment Of Debt
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CY2022Q2 VINO Inducement Expense
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VINO Inducement Expense
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us-gaap Nonoperating Income Expense
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CY2022Q2 us-gaap Profit Loss
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us-gaap Profit Loss
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us-gaap Profit Loss
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CY2021Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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CY2022Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
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us-gaap Profit Loss
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CY2022Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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CY2022Q1 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
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CY2022Q1 us-gaap Stock Issued During Period Value Acquisitions
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CY2022Q1 VINO Common Stock Issued For Purchase Of Domain Name
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CY2022Q1 us-gaap Profit Loss
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CY2022Q2 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
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CY2022Q2 VINO Stock Issued During Period Value Common Stock
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CY2022Q2 VINO Shares Issued Upon Conversion Of Convertible Debt And Interest Value
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CY2022Q2 us-gaap Adjustments To Additional Paid In Capital Equity Component Of Convertible Debt
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CY2022Q2 us-gaap Adjustment To Additional Paid In Capital Convertible Debt Instrument Issued At Substantial Premium
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CY2022Q2 VINO Stock Issued During Period Value Common Stock Issued For Cash
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CY2022Q2 us-gaap Profit Loss
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CY2022Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2021Q1 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
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CY2021Q1 VINO Common Stock And Warrants Issued For Cash In Public Offering Net Of Offering Costs1 Value
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CY2021Q1 VINO Stock Issued During Period Value Common Stock And Warrants Issued For Cash
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CY2021Q1 VINO Stock Issued During Period Common Stock And Warrants To Underwriter In Public Offering
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CY2021Q1 VINO Stock Issued During Period Common Stock And Warrants Issued Upon Exchange Of Debt And Accrued Interest
StockIssuedDuringPeriodCommonStockAndWarrantsIssuedUponExchangeOfDebtAndAccruedInterest
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CY2021Q1 VINO Stock Issued During Period Common Stock Issued Upon Conversion Of Series B Convertible Preferred Stock
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CY2021Q1 us-gaap Profit Loss
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CY2021Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2021Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2021Q2 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
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CY2021Q2 VINO Stock Issued During Period Value Common Stock Issued To Placement Agent As Commitment Fees
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CY2021Q2 us-gaap Stock Issued During Period Value New Issues
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CY2021Q2 us-gaap Profit Loss
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CY2021Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2021Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2021Q1 VINO Gross Proceeds From Issuance Public Offering
GrossProceedsFromIssuancePublicOffering
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CY2021Q1 us-gaap Payments Of Stock Issuance Costs
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CY2021Q1 VINO Payments Of Stock Issuance Costs Cash
PaymentsOfStockIssuanceCostsCash
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CY2021Q1 VINO Payments Of Stock Issuance Costs Non Cash
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CY2021Q2 VINO Gross Proceeds From Issuance Public Offering
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CY2021Q2 us-gaap Payments Of Stock Issuance Costs
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CY2021Q2 VINO Payments Of Stock Issuance Costs Cash
PaymentsOfStockIssuanceCostsCash
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CY2021Q2 VINO Payments Of Stock Issuance Costs Non Cash
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500000 usd
CY2021Q2 VINO Gross Proceeds From Public Offering Not Received
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CY2021Q2 us-gaap Sale Of Stock Number Of Shares Issued In Transaction
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us-gaap Profit Loss
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us-gaap Pension And Other Postretirement Benefit Expense
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VINO Amortization Of Stock Options And Warrants
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VINO Amortization Of Stock Options And Warrants
AmortizationOfStockOptionsAndWarrants
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VINO Stock Based Compensation Common Stock
StockBasedCompensationCommonStock
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VINO Noncash Lease Expense
NoncashLeaseExpense
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VINO Noncash Lease Expense
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us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
225927 usd
us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
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us-gaap Unrealized Gain Loss On Investments
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us-gaap Depreciation Depletion And Amortization
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us-gaap Depreciation Depletion And Amortization
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us-gaap Amortization Of Debt Discount Premium
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VINO Provision For Doubtful Accounts One
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VINO Provision For Doubtful Accounts One
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VINO Forgiveness Of Paycheck Protection Program Loan
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us-gaap Gains Losses On Extinguishment Of Debt
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VINO Inducement Expense
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us-gaap Increase Decrease In Accounts Receivable
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us-gaap Increase Decrease In Accounts Receivable
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us-gaap Increase Decrease In Due From Employee Current
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us-gaap Increase Decrease In Inventories
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us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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us-gaap Increase Decrease In Operating Lease Liability
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us-gaap Increase Decrease In Operating Lease Liability
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us-gaap Increase Decrease In Contract With Customer Liability
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us-gaap Increase Decrease In Contract With Customer Liability
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us-gaap Increase Decrease In Other Operating Liabilities
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us-gaap Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
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us-gaap Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
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us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Payments To Acquire Property Plant And Equipment
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us-gaap Payments To Acquire Property Plant And Equipment
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us-gaap Payments To Acquire Intangible Assets
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us-gaap Payments To Acquire Investments
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Repayments Of Notes Payable
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us-gaap Repayments Of Notes Payable
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us-gaap Proceeds From Issuance Of Common Stock
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us-gaap Repayments Of Debt And Capital Lease Obligations
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VINO Net Proceeds From Offering
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us-gaap Payments For Repurchase Of Initial Public Offering
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VINO Proceeds From Issuance Of Common Stock One
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VINO Proceeds From Sale Of Common Stock And Warrants
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us-gaap Net Cash Provided By Used In Financing Activities
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CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
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CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
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VINO Gross Proceeds From Underwritten Public Offering
GrossProceedsFromUnderwrittenPublicOffering
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VINO Offering Costs On Underwritten Public Offering
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us-gaap Interest Paid Net
InterestPaidNet
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us-gaap Interest Paid Net
InterestPaidNet
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VINO Equity Issued To Satisfy Accrued Stock Based Compensation Expense
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VINO Equity Issued As Consideration For Intangible Assets
EquityIssuedAsConsiderationForIntangibleAssets
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VINO Equity Issued For Purchase Of Noncontrolling Interest
EquityIssuedForPurchaseOfNoncontrollingInterest
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VINO Equity Issued For Acquisition Of Gds
EquityIssuedForAcquisitionOfGds
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VINO Warrants Issued And Debt Principal Exchanged Upon Modification Of Convertible Debt
WarrantsIssuedAndDebtPrincipalExchangedUponModificationOfConvertibleDebt
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VINO Common Stock Issued Upon Conversion Of Debt And Accrued Interest
CommonStockIssuedUponConversionOfDebtAndAccruedInterest
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VINO Common Stock And Warrants Issued Upon Exchange Of Debt And Accrued Interest
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VINO Common Stock And Restricted Stock Units In Ggh Issued Upon Exchange Of Ggi Options
CommonStockAndRestrictedStockUnitsInGghIssuedUponExchangeOfGgiOptions
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VINO Series B Preferred Stock Converted To Common Stock
SeriesBPreferredStockConvertedToCommonStock
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VINO Reclassification Of Deferred Offering Costs To Additional Paid In Capital
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VINO Common Stock And Warrants Issued To Underwriter In Public Offering
CommonStockAndWarrantsIssuedToUnderwriterInPublicOffering
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VINO Common Stock Issued For Subscription Receivable
CommonStockIssuedForSubscriptionReceivable
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VINO Accrual Of Offering Costs
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VINO Common Stock Issued To Placement Agent As Commitment Fees
CommonStockIssuedToPlacementAgentAsCommitmentFees
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us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
1843043 usd
CY2022Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
255000 usd
CY2022Q2 VINO Working Capital Deficit
WorkingCapitalDeficit
4500000 usd
us-gaap Profit Loss
ProfitLoss
-7600000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-2800000 usd
CY2022Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-103200000 usd
CY2022Q2 us-gaap Short Term Borrowings
ShortTermBorrowings
5000000.0 usd
CY2022Q2 us-gaap Loans Payable
LoansPayable
170000 usd
VINO Proceeds Of Debt And Equity Financing
ProceedsOfDebtAndEquityFinancing
511000 usd
CY2022Q3 us-gaap Convertible Notes Payable
ConvertibleNotesPayable
972500 usd
CY2022Q2 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
43000 usd
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
226000 usd
CY2021Q2 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
10000 usd
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
29000 usd
us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p id="xdx_84E_eus-gaap--ConcentrationRiskCreditRisk_zUiV9XF35kGh" style="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.45in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_867_zwHeGCIlW8d2">Concentrations</span></span></p> <p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.45in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.45in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company maintains cash with major financial institutions. Cash held in US bank institutions is currently insured by the Federal Deposit Insurance Corporation (“FDIC”) up to $<span id="xdx_90C_eus-gaap--CashFDICInsuredAmount_iI_pp0p0_c20220630_zuZ7UIgZeKo9" title="Cash, FDIC insured amount">250,000</span> at each institution. No similar insurance or guarantee exists for cash held in Argentina bank accounts. There were aggregate uninsured cash balances of $<span id="xdx_90D_eus-gaap--CashUninsuredAmount_iI_pp0p0_c20220630_zeVBUBjkrAQ7" title="Cash uninsured amount">57,486</span> at June 30, 2022, which consists of cash held in Argentine bank accounts.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.45in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2022Q2 us-gaap Cash Fdic Insured Amount
CashFDICInsuredAmount
250000 usd
CY2022Q2 us-gaap Cash Uninsured Amount
CashUninsuredAmount
57486 usd
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
405335 usd
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
340360 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
830932 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
615399 usd
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
8064448 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3414518 shares
CY2022Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Land
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLand
1528134 usd
CY2022Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Buildings
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedBuildings
635302 usd
CY2022Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Cash And Equivalents
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCashAndEquivalents
2694 usd
CY2022Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets Prepaid Expense And Other Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsPrepaidExpenseAndOtherAssets
674 usd
CY2022Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Deferred Tax Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedDeferredTaxAssets
63282 usd
CY2022Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities Accounts Payable
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesAccountsPayable
313 usd
CY2022Q2 VINO Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities Accrued Tax Payable
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesAccruedTaxPayable
8154 usd
CY2022Q2 VINO Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities Related Party Payable
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesRelatedPartyPayable
10686 usd
CY2022Q2 VINO Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Lease Deposit Payable
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLeaseDepositPayable
6025 usd
CY2022Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet
2204908 usd
CY2022Q2 us-gaap Agricultural Related Inventory Feed And Supplies
AgriculturalRelatedInventoryFeedAndSupplies
244690 usd
CY2021Q4 us-gaap Agricultural Related Inventory Feed And Supplies
AgriculturalRelatedInventoryFeedAndSupplies
597900 usd
CY2022Q2 us-gaap Inventory Work In Process
InventoryWorkInProcess
803971 usd
CY2021Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
410755 usd
CY2022Q2 us-gaap Inventory Finished Goods
InventoryFinishedGoods
13112 usd
CY2021Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
34522 usd
CY2022Q2 VINO Inventory Finished Goods Clothes And Accessories
InventoryFinishedGoodsClothesAndAccessories
245427 usd
CY2021Q4 VINO Inventory Finished Goods Clothes And Accessories
InventoryFinishedGoodsClothesAndAccessories
208759 usd
CY2022Q2 VINO Inventory Finished Goods Clothes And Accessories In Process
InventoryFinishedGoodsClothesAndAccessoriesInProcess
141169 usd
CY2021Q4 VINO Inventory Finished Goods Clothes And Accessories In Process
InventoryFinishedGoodsClothesAndAccessoriesInProcess
127154 usd
CY2022Q2 us-gaap Other Inventory
OtherInventory
123484 usd
CY2021Q4 us-gaap Other Inventory
OtherInventory
111549 usd
CY2022Q2 us-gaap Inventory Net
InventoryNet
1571853 usd
CY2021Q4 us-gaap Inventory Net
InventoryNet
1490639 usd
CY2022Q2 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
3808633 usd
CY2021Q4 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
2869300 usd
CY2022Q2 us-gaap Real Estate Held For Development And Sale
RealEstateHeldForDevelopmentAndSale
536778 usd
CY2021Q4 us-gaap Real Estate Held For Development And Sale
RealEstateHeldForDevelopmentAndSale
210322 usd
CY2022Q2 us-gaap Land
Land
2187243 usd
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3776941 usd
CY2022Q2 VINO Property Plant And Equipment Foreign Countries Net
PropertyPlantAndEquipmentForeignCountriesNet
6167987 usd
CY2021Q4 VINO Property Plant And Equipment Foreign Countries Net
PropertyPlantAndEquipmentForeignCountriesNet
3329351 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
72527 usd
CY2021Q4 us-gaap Land
Land
575233 usd
CY2022Q2 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
403560 usd
CY2021Q4 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
403560 usd
CY2022Q2 VINO Vineyards
Vineyards
219766 usd
CY2021Q4 VINO Vineyards
Vineyards
219766 usd
CY2022Q2 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
731538 usd
CY2021Q4 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
693761 usd
CY2022Q2 us-gaap Leasehold Improvements Gross
LeaseholdImprovementsGross
1335114 usd
CY2021Q4 us-gaap Leasehold Improvements Gross
LeaseholdImprovementsGross
449401 usd
CY2022Q2 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
284620 usd
CY2021Q4 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
245978 usd
CY2022Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
9507252 usd
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
5667321 usd
CY2022Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1982941 usd
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1890380 usd
CY2022Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
7524311 usd
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3776941 usd
CY2022Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
46000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
92000 usd
CY2021Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
31000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
68000 usd
CY2022Q1 us-gaap Finitelived Intangible Assets Acquired1
FinitelivedIntangibleAssetsAcquired1
34999 usd
CY2022Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1489 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2072 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
2486 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
4973 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
4973 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
4973 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
4973 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
4973 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
45176 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-2690930 usd
CY2022Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
7524311 usd
CY2022Q2 us-gaap Accrued Payroll Taxes Current
AccruedPayrollTaxesCurrent
278903 usd
CY2021Q4 us-gaap Accrued Payroll Taxes Current
AccruedPayrollTaxesCurrent
216916 usd
CY2022Q2 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
338293 usd
CY2021Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
228338 usd
CY2022Q2 us-gaap Interest Payable Current
InterestPayableCurrent
185901 usd
CY2021Q4 us-gaap Interest Payable Current
InterestPayableCurrent
76852 usd
CY2021Q4 VINO Accrued Placement Agent Commissions
AccruedPlacementAgentCommissions
66889 usd
CY2022Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
213202 usd
CY2021Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
376416 usd
CY2022Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1016299 usd
CY2021Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
965411 usd
CY2022Q2 VINO Accrued Payroll Taxes Noncurrent
AccruedPayrollTaxesNoncurrent
102679 usd
CY2021Q4 VINO Accrued Payroll Taxes Noncurrent
AccruedPayrollTaxesNoncurrent
115346 usd
CY2022Q2 us-gaap Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
1118978 usd
CY2021Q4 us-gaap Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
1080757 usd
CY2022Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
1237382 usd
CY2021Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
713616 usd
CY2022Q2 us-gaap Deferred Revenue
DeferredRevenue
546186 usd
CY2022Q2 us-gaap Interest Expense Debt
InterestExpenseDebt
2986 usd
us-gaap Interest Expense Debt
InterestExpenseDebt
6378 usd
CY2021Q2 us-gaap Interest Expense Debt
InterestExpenseDebt
11687 usd
us-gaap Interest Expense Debt
InterestExpenseDebt
17655 usd
CY2022Q2 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
8549 usd
CY2021Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
6787 usd
CY2021Q4 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
6480000 usd
CY2021Q4 VINO Debt Discount Principal Amount
DebtDiscountPrincipalAmount
-751652 usd
CY2021Q4 us-gaap Convertible Debt
ConvertibleDebt
5728348 usd
VINO Debt Instrument Increase Decrease Exchanged For Warrants
DebtInstrumentIncreaseDecreaseExchangedForWarrants
-300 usd
VINO Debt Discount Increase Decrease Exchange For Warrants
DebtDiscountIncreaseDecreaseExchangeForWarrants
-731556 usd
VINO Convertible Debt Increase Decrease Exchanged For Warrants
ConvertibleDebtIncreaseDecreaseExchangedForWarrants
-731856 usd
VINO Debt Instrument Increase Decrease Converted To Common Stock
DebtInstrumentIncreaseDecreaseConvertedToCommonStock
-1447214 usd
VINO Convertible Debt Net Of Discount Debt Principal Converted To Common Stock
ConvertibleDebtNetOfDiscountDebtPrincipalConvertedToCommonStock
-1447214 usd
VINO Proceeds From Issuance Of Amortizationof Debt Discount
ProceedsFromIssuanceOfAmortizationofDebtDiscount
1061936 usd
VINO Amortization Of Debt Discount Convertible Debt
AmortizationOfDebtDiscountConvertibleDebt
1061936 usd
VINO Proceeds From Issuance Of Extinguishment Loss
ProceedsFromIssuanceOfExtinguishmentLoss
421272 usd
VINO Convertible Debt Net Of Discount Extinguishment Loss
ConvertibleDebtNetOfDiscountExtinguishmentLoss
421272 usd
CY2022Q2 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
5032486 usd
CY2022Q2 us-gaap Convertible Debt
ConvertibleDebt
5032486 usd
us-gaap Extinguishment Of Debt Amount
ExtinguishmentOfDebtAmount
7831248 usd
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3 segments
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
405335 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
830932 usd
CY2022Q2 VINO Revenue From Contract With Foreign Operations Assessed Tax
RevenueFromContractWithForeignOperationsAssessedTax
399223 usd
VINO Revenue From Contract With Foreign Operations Assessed Tax
RevenueFromContractWithForeignOperationsAssessedTax
819658 usd
CY2022Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-2439433 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-4215236 usd
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
340360 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
615399 usd
CY2021Q2 VINO Revenue From Contract With Foreign Operations Assessed Tax
RevenueFromContractWithForeignOperationsAssessedTax
338167 usd
VINO Revenue From Contract With Foreign Operations Assessed Tax
RevenueFromContractWithForeignOperationsAssessedTax
606648 usd
CY2021Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-1295060 usd
CY2022Q2 us-gaap Assets
Assets
25007353 usd
CY2021Q4 us-gaap Assets
Assets
24313732 usd
CY2022Q2 us-gaap Accounts Receivable Related Parties Current
AccountsReceivableRelatedPartiesCurrent
675366 usd
CY2021Q4 us-gaap Accounts Receivable Related Parties Current
AccountsReceivableRelatedPartiesCurrent
927874 usd
CY2022Q2 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
3408 usd
us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
22384 usd
CY2021Q2 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
3975 usd
us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
20437 usd
us-gaap Stock Issued During Period Shares Employee Benefit Plan
StockIssuedDuringPeriodSharesEmployeeBenefitPlan
12476 shares
CY2022Q2 us-gaap Shares Issued Price Per Share
SharesIssuedPricePerShare
2.23
us-gaap Stock Issued During Period Value Employee Benefit Plan
StockIssuedDuringPeriodValueEmployeeBenefitPlan
27821 usd
CY2022Q2 us-gaap Share Price
SharePrice
1.00
CY2022Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
358056 usd
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
621462 usd
CY2021Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
136660 usd
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
235640 usd
CY2022Q2 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
2024166 shares
CY2022Q2 us-gaap Warrants And Rights Outstanding Term
WarrantsAndRightsOutstandingTerm
P1Y1M6D
CY2022Q2 VINO Sharebased Compensation Arrangement By Sharebased Payment Award Equity Instruments Non Option Exercisable Numbers
SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsNonOptionExercisableNumbers
2024166 shares
CY2022Q2 us-gaap Share Based Compensation
ShareBasedCompensation
57403 usd
us-gaap Share Based Compensation
ShareBasedCompensation
130103 usd
CY2021Q2 us-gaap Share Based Compensation
ShareBasedCompensation
101453 usd
us-gaap Share Based Compensation
ShareBasedCompensation
202906 usd
VINO Share Based Compensation Arrangement By Share Based Payment Award Options Unrecognized Expense
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsUnrecognizedExpense
290242 usd
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
P1Y9M18D
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
336102 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
357881 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
368617 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
365004 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
120463 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
2000495 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
375994 usd
CY2022Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
1624203 usd
CY2022Q2 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
10594 usd
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
14339 usd
CY2021Q2 us-gaap Lessee Operating Lease Term Of Contract
LesseeOperatingLeaseTermOfContract
P7Y
CY2021Q2 us-gaap Lease Expiration Date1
LeaseExpirationDate1
2028-05-01
CY2022Q2 us-gaap Lessee Operating Lease Remaining Lease Term
LesseeOperatingLeaseRemainingLeaseTerm
P6Y1M6D
CY2021Q2 us-gaap Lessee Operating Lease Description
LesseeOperatingLeaseDescription
Lease payments begin at $26,758 per month and escalate 3% every year over the duration of the lease. The Company was granted rent abatements of 15% for the first year of the lease term, and 10% for the second and third year of the lease term
CY2021Q2 us-gaap Payments For Rent
PaymentsForRent
26758 usd
CY2021Q2 us-gaap Security Deposit
SecurityDeposit
56130 usd
CY2022Q2 us-gaap Operating Lease Expense
OperatingLeaseExpense
82965 usd
us-gaap Operating Lease Expense
OperatingLeaseExpense
165930 usd
CY2021Q2 us-gaap Operating Lease Expense
OperatingLeaseExpense
55310 usd
us-gaap Operating Lease Expense
OperatingLeaseExpense
55310 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
140584 usd
CY2022Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y9M18D
CY2022Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.070 pure
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
148825 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
303603 usd

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