2023 Q4 Form 10-Q Financial Statement

#000149315223041931 Filed on November 17, 2023

View on sec.gov

Income Statement

Concept 2023 Q4 2023 Q3 2022 Q3
Revenue $528.3K $464.0K $440.9K
YoY Change 42.07% 5.23% -83.07%
Cost Of Revenue $333.1K $321.1K $433.9K
YoY Change 23.17% -26.01% 106.21%
Gross Profit $195.2K $143.0K $6.998K
YoY Change 92.45% 1942.73% -99.71%
Gross Profit Margin 36.95% 30.81% 1.59%
Selling, General & Admin $5.572M $1.472M $1.839M
YoY Change 107.81% -19.92% 24.93%
% of Gross Profit 2855.03% 1029.97% 26272.96%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $111.9K $114.4K $83.68K
YoY Change 53.24% 36.68% 134.0%
% of Gross Profit 57.35% 80.01% 1195.73%
Operating Expenses $5.648M $1.587M $1.922M
YoY Change 105.03% -17.46% 27.51%
Operating Profit -$5.452M -$1.444M -$1.915M
YoY Change 105.51% -24.62% -315.87%
Interest Expense -$769.7K $1.157M $105.5K
YoY Change -1869.43% 996.2% -342.44%
% of Operating Profit
Other Income/Expense, Net $0.00 -$854.8K -$2.810M
YoY Change -100.0% -69.58% -3311.98%
Pretax Income -$6.222M -$2.300M -$4.726M
YoY Change -34.74% -51.33% -607.48%
Income Tax $0.00
% Of Pretax Income
Net Earnings -$6.222M -$2.299M -$4.726M
YoY Change -34.74% -51.36% -584.05%
Net Earnings / Revenue -1177.84% -495.38% -1071.75%
Basic Earnings Per Share -$3.04 -$2.19
Diluted Earnings Per Share -$28.67 -$3.04 -$2.194M
COMMON SHARES
Basic Shares Outstanding 2.463M shares 7.409M shares 25.15M shares
Diluted Shares Outstanding 757.0K shares 215.4K shares

Balance Sheet

Concept 2023 Q4 2023 Q3 2022 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $428.0K $200.0K $261.0K
YoY Change 42.56% -23.37% -90.94%
Cash & Equivalents $428.0K $201.0K $261.0K
Short-Term Investments
Other Short-Term Assets $958.8K $870.0K $1.053M
YoY Change -6.11% -17.34% 6.38%
Inventory $2.032M $2.329M $1.741M
Prepaid Expenses
Receivables $41.26K $1.050M $128.0K
Other Receivables $675.5K $1.030M $647.9K
Total Short-Term Assets $4.297M $5.483M $4.684M
YoY Change -14.38% 17.06% -29.62%
LONG-TERM ASSETS
Property, Plant & Equipment $7.806M $7.880M $7.681M
YoY Change 2.43% 2.59% 60.23%
Goodwill
YoY Change
Intangibles $98.15K $103.6K $71.29K
YoY Change 40.64% 45.27%
Long-Term Investments $7.000M
YoY Change 100.0%
Other Assets $1.290M $1.350M $1.264M
YoY Change 2.79% 6.8% 69.83%
Total Long-Term Assets $12.26M $13.42M $20.71M
YoY Change -10.32% -35.18% 88.99%
TOTAL ASSETS
Total Short-Term Assets $4.297M $5.483M $4.684M
Total Long-Term Assets $12.26M $13.42M $20.71M
Total Assets $16.56M $18.91M $25.39M
YoY Change -11.41% -25.54% 44.17%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $925.4K $688.4K $892.4K
YoY Change 0.89% -22.86% 95.23%
Accrued Expenses $3.720M $1.485M $812.9K
YoY Change 123.44% 82.68% 13.76%
Deferred Revenue $1.472M $1.525M
YoY Change 7.13%
Short-Term Debt $541.0K $1.540M $2.000M
YoY Change -23.0% 28471.43%
Long-Term Debt Due $1.509M $210.0K $142.7K
YoY Change 816.48% 47.2% -42.71%
Total Short-Term Liabilities $9.661M $6.612M $5.309M
YoY Change 118.38% 24.55% 126.71%
LONG-TERM LIABILITIES
Long-Term Debt $90.37K $2.080M $91.98K
YoY Change -1.41% 2161.31% -2.15%
Other Long-Term Liabilities $1.113M $2.330M $1.465M
YoY Change -20.17% 58.99% -8.19%
Total Long-Term Liabilities $1.204M $4.410M $91.98K
YoY Change 1213.03% 4694.42% -94.56%
TOTAL LIABILITIES
Total Short-Term Liabilities $9.661M $6.612M $5.309M
Total Long-Term Liabilities $1.204M $4.410M $91.98K
Total Liabilities $10.86M $11.02M $6.866M
YoY Change 37.5% 60.47% 75.82%
SHAREHOLDERS EQUITY
Retained Earnings -$133.8M -$127.6M -$107.9M
YoY Change 13.88% 18.23%
Common Stock $48.08K $10.60K $27.50K
YoY Change 31.6% -61.46%
Preferred Stock
YoY Change
Treasury Stock (at cost) $46.36K $46.36K $46.36K
YoY Change 0.0% 0.0%
Treasury Stock Shares 281.0 shares
Shareholders Equity $5.696M $7.890M $18.53M
YoY Change
Total Liabilities & Shareholders Equity $16.56M $18.91M $25.39M
YoY Change -11.41% -25.54% 44.17%

Cashflow Statement

Concept 2023 Q4 2023 Q3 2022 Q3
OPERATING ACTIVITIES
Net Income -$6.222M -$2.299M -$4.726M
YoY Change -34.74% -51.36% -584.05%
Depreciation, Depletion And Amortization $111.9K $114.4K $83.68K
YoY Change 53.24% 36.68% 134.0%
Cash From Operating Activities -$1.095M -$950.0K -$1.730M
YoY Change -9.92% -45.07% 1.92%
INVESTING ACTIVITIES
Capital Expenditures $35.40K $140.0K -$238.9K
YoY Change 193.53% -158.61% -42.69%
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00
YoY Change -100.0%
Cash From Investing Activities -$35.40K -$140.0K -$238.9K
YoY Change 193.53% -41.39% -91.81%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 1.601M 420.0K 1.692M
YoY Change 13.83% -75.18% -59.08%
NET CHANGE
Cash From Operating Activities -1.095M -950.0K -1.730M
Cash From Investing Activities -35.40K -140.0K -238.9K
Cash From Financing Activities 1.601M 420.0K 1.692M
Net Change In Cash 469.9K -670.0K -276.0K
YoY Change 163.82% 142.73% -42.24%
FREE CASH FLOW
Cash From Operating Activities -$1.095M -$950.0K -$1.730M
Capital Expenditures $35.40K $140.0K -$238.9K
Free Cash Flow -$1.131M -$1.090M -$1.491M
YoY Change -7.92% -26.88% 16.45%

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us-gaap General And Administrative Expense
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CY2022Q3 us-gaap Operating Expenses
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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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CY2023Q3 us-gaap Derivative Gain Loss On Derivative Net
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CY2022Q3 VINO Inducement Expense
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CY2023Q1 VINO Relative Fair Value Of Warrants Issued With Note Net Of Issuance Costs
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CY2023Q1 VINO Shares Issued Upon Conversion Of Convertible Debt And Interest Value
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CY2023Q2 us-gaap Stock Issued During Period Value New Issues
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CY2023Q2 VINO Shares Issued Upon Conversion Of Convertible Debt And Interest Value
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CY2023Q2 us-gaap Profit Loss
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CY2023Q3 us-gaap Stock Issued During Period Value New Issues
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CY2023Q3 us-gaap Stock Issued During Period Value New Issues
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CY2023Q3 VINO Adjustments To Additional Paid In Capital Warrant Modification
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CY2023Q3 VINO Shares Issued Upon Conversion Of Convertible Debt And Interest Value
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CY2023Q3 us-gaap Stock Issued During Period Value Other
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CY2023Q1 VINO Gross Proceeds From Issuance Initial Public Offering
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CY2023Q1 us-gaap Payments Of Stock Issuance Costs
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CY2023Q1 us-gaap Adjustments To Additional Paid In Capital Warrant Issued
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CY2023Q1 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
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CY2023Q2 VINO Gross Proceeds From Issuance Initial Public Offering
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CY2023Q2 us-gaap Payments Of Stock Issuance Costs
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CY2023Q3 VINO Gross Proceeds From Issuance Initial Public Offering
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CY2023Q3 us-gaap Payments Of Stock Issuance Costs
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CY2021Q4 us-gaap Stockholders Equity 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 Employee Benefit Plan
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CY2022Q1 us-gaap Stock Issued During Period Value Acquisitions
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CY2022Q1 us-gaap Stock Issued During Period Value Purchase Of Assets
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CY2022Q1 us-gaap Adjustments To Additional Paid In Capital Warrant Issued
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CY2022Q1 us-gaap Profit Loss
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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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CY2022Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2022Q3 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
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CY2022Q3 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
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CY2022Q3 VINO Shares Issued Upon Conversion Of Convertible Debt And Interest Value
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CY2022Q3 us-gaap Adjustments To Additional Paid In Capital Equity Component Of Convertible Debt
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CY2022Q3 us-gaap Stock Issued During Period Value Purchase Of Assets
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CY2022Q3 us-gaap Adjustments To Additional Paid In Capital Warrant Issued
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CY2022Q3 us-gaap Profit Loss
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CY2022Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2022Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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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 Stock Based Compensation Common Stock
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VINO Stock Based Compensation Common Stock
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us-gaap Stock Option Plan Expense
StockOptionPlanExpense
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us-gaap Stock Option Plan Expense
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us-gaap Restricted Stock Expense
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VINO Noncash Lease 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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us-gaap Depreciation And Amortization
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us-gaap Depreciation And Amortization
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us-gaap Amortization Of Debt Discount Premium
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us-gaap Amortization Of Debt Discount Premium
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VINO Provision For Credit Losses
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VINO Provision For Credit Losses
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VINO Provision For Obsolete Inventory
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VINO Provision For Obsolete Inventory
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us-gaap Derivative Gain Loss On Derivative Net
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us-gaap Net 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 Intangible Assets
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Proceeds From Convertible Debt
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us-gaap Repayments Of Convertible Debt
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VINO Redemption Premiums Paid On Convertible Debt Obligations
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us-gaap Proceeds From Issuance Of Common Stock
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VINO Proceeds From Issuance Of Common Stock Net Of Offering Costs
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us-gaap Net Cash Provided By Used In Financing Activities
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5528918 usd
us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
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us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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-99077 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
300185 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
3649407 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
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CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
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us-gaap Interest Paid Net
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us-gaap Interest Paid Net
InterestPaidNet
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VINO Equity Issued To Satisfy Accrued Stock Based Compensation Expense
EquityIssuedToSatisfyAccruedStockBasedCompensationExpense
32617 usd
VINO Equity Issued To Satisfy Accrued Stock Based Compensation Expense
EquityIssuedToSatisfyAccruedStockBasedCompensationExpense
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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
231789 usd
VINO Equity Issued For Acquisition
EquityIssuedForAcquisition
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VINO Warrants Issued And Debt Principal Exchanged Upon Modification Of Convertible Debt
WarrantsIssuedAndDebtPrincipalExchangedUponModificationOfConvertibleDebt
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us-gaap Stock Issued1
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us-gaap Stock Issued1
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VINO Common Stock And Restricted Stock Units In Ggh Issued Upon Exchange Of Ggi Options
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VINO Cashless Warrant Exercise
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VINO Relative Fair Value Of Warrants Issued With Note Net Of Allocable Issuance Costs
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VINO Warrants Issued And Debt Principal Exchanged Upon Modification Of Convertible Debt1
WarrantsIssuedAndDebtPrincipalExchangedUponModificationOfConvertibleDebt1
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VINO Debt Discount For Warrant Modification
DebtDiscountForWarrantModification
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VINO Gross Proceed From Issuance Initial Public Offering
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us-gaap Payments Of Stock Issuance Costs
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us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
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us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
103616 usd
us-gaap Stockholders Equity Reverse Stock Split
StockholdersEquityReverseStockSplit
On November 4, 2022, the Company effected a reverse stock split in a ratio of 1 share of common stock for 12 issued shares of common stock, and on September 25, 2023, the Company effected a reverse stock split in a ratio of 1 share of common stock for 10 issued shares of common stock.
CY2023Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
201000 usd
CY2023Q3 VINO Working Capital Deficit
WorkingCapitalDeficit
1129000 usd
us-gaap Net Income Loss
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us-gaap Net Income Loss
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-12291000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-4984000 usd
us-gaap Net Cash Provided By Used In Operating Activities
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CY2023Q3 us-gaap Convertible Notes Payable Current
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CY2023Q3 us-gaap Loans Payable Current
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us-gaap Proceeds From Convertible Debt
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us-gaap Proceeds From Issuance Or Sale Of Equity
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us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
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us-gaap Proceeds From Issuance Of Common Stock
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996000 usd
CY2023Q3 us-gaap Foreign Currency Transaction Gain Loss Before Tax
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132000 usd
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
347000 usd
CY2022Q3 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
185000 usd
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
411000 usd
us-gaap Concentration Risk Credit Risk
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<p id="xdx_84E_eus-gaap--ConcentrationRiskCreditRisk_zBMnlJEwbRD9" style="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_866_z0PTxtKcMDhf">Concentrations</span></span></p> <p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><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: 0.5in"><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_900_eus-gaap--CashFDICInsuredAmount_iI_pp0p0_c20230930_z1y0mf6c99Ue" 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 approximately $<span id="xdx_90B_eus-gaap--CashUninsuredAmount_iI_pp0p0_c20230930_zg9tqb1aiZCc" title="Cash uninsured amount">99,000</span> at September 30, 2023, which represents 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: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2023Q3 us-gaap Cash Fdic Insured Amount
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250000 usd
CY2023Q3 us-gaap Cash Uninsured Amount
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99000 usd
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CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2023Q3 us-gaap Deferred Revenue
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CY2022Q4 us-gaap Deferred Revenue
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us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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us-gaap Debt Conversion Converted Instrument Amount1
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us-gaap Redemption Premium
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CY2023Q3 us-gaap Debt Instrument Convertible Conversion Price1
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us-gaap Debt Conversion Converted Instrument Amount1
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CY2022Q3 us-gaap Debt Instrument Convertible Conversion Price1
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us-gaap Prior Period Reclassification Adjustment Description
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<p id="xdx_840_eus-gaap--PriorPeriodReclassificationAdjustmentDescription_zmwPcPZ1wyd6" style="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_864_zi7rcgCmqcf6">Reclassifications</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; background-color: white"><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: 0.5in; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Certain reclassifications have been made to prior period amounts to conform to the current period financial statement presentation.</span></p>
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VINO Allowance For Uncollectable Mortgages
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CY2023Q3 VINO Mortgages Receivable Of Maturities Of Principal Next Twelve Months
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CY2023Q3 VINO Mortgages Receivable Of Maturities Of Principal In Year Two
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CY2023Q3 VINO Mortgages Receivable Of Maturities Of Principal In Year Three
MortgagesReceivableOfMaturitiesOfPrincipalInYearThree
440436 usd
CY2023Q3 VINO Mortgages Receivable Of Maturities Of Principal In Year Four
MortgagesReceivableOfMaturitiesOfPrincipalInYearFour
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CY2023Q3 VINO Mortgages Receivable Of Maturities Of Principal In Year Five
MortgagesReceivableOfMaturitiesOfPrincipalInYearFive
480227 usd
CY2023Q3 VINO Mortgages Receivable Of Maturities Of Principal After Year Five
MortgagesReceivableOfMaturitiesOfPrincipalAfterYearFive
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CY2023Q3 VINO Mortgages Receivable Of Maturities Gross
MortgagesReceivableOfMaturitiesGross
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CY2023Q3 VINO Mortgages Receivable Of Maturities Allowances
MortgagesReceivableOfMaturitiesAllowances
251491 usd
CY2023Q3 VINO Mortgages Receivable Of Maturities
MortgagesReceivableOfMaturities
3844297 usd
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AgriculturalRelatedInventoryFeedAndSupplies
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CY2022Q4 us-gaap Agricultural Related Inventory Feed And Supplies
AgriculturalRelatedInventoryFeedAndSupplies
516096 usd
CY2023Q3 us-gaap Inventory Work In Process
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CY2023Q3 VINO Inventory Finished Goods Clothes And Accessories
InventoryFinishedGoodsClothesAndAccessories
1038360 usd
CY2022Q4 VINO Inventory Finished Goods Clothes And Accessories
InventoryFinishedGoodsClothesAndAccessories
552581 usd
CY2023Q3 us-gaap Other Inventory
OtherInventory
188004 usd
CY2022Q4 us-gaap Other Inventory
OtherInventory
82423 usd
CY2023Q3 us-gaap Inventory Gross
InventoryGross
2553004 usd
CY2022Q4 us-gaap Inventory Gross
InventoryGross
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CY2023Q3 VINO Reserve For Obsolescense
ReserveForObsolescense
223960 usd
CY2022Q4 VINO Reserve For Obsolescense
ReserveForObsolescense
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CY2023Q3 us-gaap Inventory Net
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CY2022Q4 us-gaap Inventory Net
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ProvisionForObsoleteInventory
23902 usd
VINO Provision For Obsolete Inventory
ProvisionForObsoleteInventory
123225 usd
CY2022Q3 VINO Provision For Obsolete Inventory
ProvisionForObsoleteInventory
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VINO Provision For Obsolete Inventory
ProvisionForObsoleteInventory
115563 usd
CY2023Q3 us-gaap Amortization Of Intangible Assets
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5410 usd
us-gaap Amortization Of Intangible Assets
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16229 usd
CY2022Q3 us-gaap Amortization Of Intangible Assets
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1243 usd
us-gaap Amortization Of Intangible Assets
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3229 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
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5410 usd
us-gaap Repayments Of Convertible Debt
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CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
21639 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
21639 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
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CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
4972 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
4972 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
39953 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
103557 usd
CY2023Q3 us-gaap Accrued Payroll Taxes Current
AccruedPayrollTaxesCurrent
512165 usd
CY2022Q4 us-gaap Accrued Payroll Taxes Current
AccruedPayrollTaxesCurrent
652943 usd
CY2023Q3 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
171521 usd
CY2022Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
270239 usd
CY2023Q3 us-gaap Interest Payable Current
InterestPayableCurrent
175783 usd
CY2022Q4 us-gaap Interest Payable Current
InterestPayableCurrent
78368 usd
CY2023Q3 VINO Accrued Cash True Up Obligation
AccruedCashTrueUpObligation
186832 usd
CY2023Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
438732 usd
CY2022Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
663266 usd
CY2023Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1485033 usd
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1664816 usd
CY2023Q3 VINO Accrued Payroll Taxes Noncurrent
AccruedPayrollTaxesNoncurrent
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CY2022Q4 VINO Accrued Payroll Taxes Noncurrent
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CY2023Q3 us-gaap Accrued Liabilities Current And Noncurrent
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CY2022Q4 us-gaap Accrued Liabilities Current And Noncurrent
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CY2022Q4 us-gaap Loans Payable
LoansPayable
256321 usd
CY2023Q3 us-gaap Loans Payable Current
LoansPayableCurrent
208850 usd
CY2022Q4 us-gaap Loans Payable Current
LoansPayableCurrent
164656 usd
CY2023Q3 us-gaap Long Term Loans Payable
LongTermLoansPayable
90898 usd
CY2022Q4 us-gaap Long Term Loans Payable
LongTermLoansPayable
91665 usd
CY2023Q3 us-gaap Interest Expense Debt
InterestExpenseDebt
20475 usd
us-gaap Interest Expense Debt
InterestExpenseDebt
56989 usd
CY2022Q3 us-gaap Interest Expense Debt
InterestExpenseDebt
1566 usd
us-gaap Interest Expense Debt
InterestExpenseDebt
8791 usd
CY2023Q3 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
22850 usd
CY2022Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
9437 usd
CY2022Q4 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
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CY2022Q4 VINO Debt Discount Principal Amount
DebtDiscountPrincipalAmount
-6450 usd
CY2022Q4 us-gaap Convertible Debt
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us-gaap Notes Issued1
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VINO Debt Discount Warrant Modification In Connection With Letter Agreement
DebtDiscountWarrantModificationInConnectionWithLetterAgreement
-392273 usd
VINO Convertible Debt Net Of Discount Warrant Modification In Connection With Letter Agreement
ConvertibleDebtNetOfDiscountWarrantModificationInConnectionWithLetterAgreement
-392273 usd
VINO Debt Instrument Increase Decrease Converted To Common Stock
DebtInstrumentIncreaseDecreaseConvertedToCommonStock
-2418210 usd
VINO Convertible Debt Net Of Discount Debt Principal Converted To Common Stock
ConvertibleDebtNetOfDiscountDebtPrincipalConvertedToCommonStock
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us-gaap Repayments Of Debt
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CY2023Q3 us-gaap Assets
Assets
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CY2022Q4 us-gaap Assets
Assets
18692985 usd
CY2023Q3 VINO Advance In Amount
AdvanceInAmount
12500 usd
VINO Advance In Amount
AdvanceInAmount
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CY2023Q3 us-gaap Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
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us-gaap Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
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CY2023Q3 us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
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VINO Proceeds From Issuance Of Amortizationof Debt Discount
ProceedsFromIssuanceOfAmortizationofDebtDiscount
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VINO Amortization Of Debt Discount Convertible Debt
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2104384 usd
CY2023Q3 us-gaap Debt Instrument Face Amount
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CY2023Q3 VINO Debt Discount Principal Amount
DebtDiscountPrincipalAmount
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CY2023Q3 us-gaap Convertible Debt
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CY2023Q3 us-gaap Convertible Notes Payable Current
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CY2023Q3 us-gaap Convertible Long Term Notes Payable
ConvertibleLongTermNotesPayable
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us-gaap Derivative Gain Loss On Derivative Net
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us-gaap Liabilities Fair Value Adjustment
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2141117 usd
VINO Fair Value Of Derivative Associated With Convertible Interest Accrued
FairValueOfDerivativeAssociatedWithConvertibleInterestAccrued
95727 usd
VINO Change In Fair Value Of Derivatives
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VINO Fair Value Of Deriative Associated Note Balances Converted
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-262300 usd
CY2023Q3 us-gaap Derivative Liabilities
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CY2023Q3 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
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CY2023Q3 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
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CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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CY2023Q3 VINO Revenue From Contract With Foreign Operations Assessed Tax
RevenueFromContractWithForeignOperationsAssessedTax
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VINO Revenue From Contract With Foreign Operations Assessed Tax
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CY2023Q3 us-gaap Operating Income Loss
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us-gaap Operating Income Loss
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RevenueFromContractWithCustomerExcludingAssessedTax
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us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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CY2022Q3 VINO Revenue From Contract With Foreign Operations Assessed Tax
RevenueFromContractWithForeignOperationsAssessedTax
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VINO Revenue From Contract With Foreign Operations Assessed Tax
RevenueFromContractWithForeignOperationsAssessedTax
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CY2022Q3 us-gaap Operating Income Loss
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us-gaap Operating Income Loss
OperatingIncomeLoss
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CY2023Q3 us-gaap Property Plant And Equipment Net
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CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
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CY2023Q3 VINO Property Plant And Equipment Foreign Countries Net
PropertyPlantAndEquipmentForeignCountriesNet
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CY2022Q4 VINO Property Plant And Equipment Foreign Countries Net
PropertyPlantAndEquipmentForeignCountriesNet
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us-gaap Repayments Of Related Party Debt
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585228 usd
CY2022Q3 VINO Advance In Amount
AdvanceInAmount
75000 usd
VINO Advance In Amount
AdvanceInAmount
111000 usd
CY2022Q3 us-gaap Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
163576 usd
us-gaap Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
580990 usd
CY2022Q3 us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
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us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
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CY2022Q3 us-gaap Provision For Doubtful Accounts
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us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
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us-gaap Management Fee Expense
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us-gaap Defined Contribution Plan Cost Recognized
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13292 usd
us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
26000 usd
CY2023Q3 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
4084 usd
CY2022Q3 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
4000 usd
CY2023Q1 us-gaap Stock Issued During Period Shares Employee Benefit Plan
StockIssuedDuringPeriodSharesEmployeeBenefitPlan
2416 shares
CY2023Q1 us-gaap Shares Issued Price Per Share
SharesIssuedPricePerShare
13.50
CY2023Q1 us-gaap Stock Issued During Period Value Employee Benefit Plan
StockIssuedDuringPeriodValueEmployeeBenefitPlan
32617 usd
us-gaap Stock Issued During Period Shares Employee Benefit Plan
StockIssuedDuringPeriodSharesEmployeeBenefitPlan
9 shares
CY2022Q3 us-gaap Shares Issued Price Per Share
SharesIssuedPricePerShare
3211.20
us-gaap Stock Issued During Period Value Employee Benefit Plan
StockIssuedDuringPeriodValueEmployeeBenefitPlan
40000 usd
CY2023Q1 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
5131 shares
CY2023Q1 us-gaap Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
13473 shares
CY2023Q1 us-gaap Shares Issued
SharesIssued
59100 shares
CY2023Q1 us-gaap Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
14775 shares
CY2023Q1 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
10.00
CY2023Q1 VINO Proceed From Issuance Of Common Stock And Warrants
ProceedFromIssuanceOfCommonStockAndWarrants
591000 usd
CY2023Q3 us-gaap Shares Issued
SharesIssued
90000 shares
CY2023Q3 us-gaap Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
18000 shares
CY2023Q3 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
4.50
CY2023Q3 VINO Proceed From Issuance Of Common Stock And Warrants
ProceedFromIssuanceOfCommonStockAndWarrants
405000 usd
us-gaap Sale Of Stock Number Of Shares Issued In Transaction
SaleOfStockNumberOfSharesIssuedInTransaction
111684 shares
us-gaap Sale Of Stock Consideration Received On Transaction
SaleOfStockConsiderationReceivedOnTransaction
850611 usd
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
74972 usd
CY2023Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
64280 usd
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-13512 usd
CY2022Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
282337 usd
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
903799 usd
CY2023Q3 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
456467 shares
CY2023Q3 us-gaap Warrants And Rights Outstanding Term
WarrantsAndRightsOutstandingTerm
P2Y
CY2023Q3 VINO Sharebased Compensation Arrangement By Sharebased Payment Award Equity Instruments Non Option Exercisable Numbers
SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsNonOptionExercisableNumbers
456467 shares
CY2023Q1 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
306 usd
CY2023Q3 us-gaap Share Based Compensation
ShareBasedCompensation
74645 usd
us-gaap Share Based Compensation
ShareBasedCompensation
230045 usd
CY2022Q3 us-gaap Share Based Compensation
ShareBasedCompensation
0 usd
us-gaap Share Based Compensation
ShareBasedCompensation
0 usd
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
4084 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
853.35
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
1271 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
1098.90
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
9 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
970.80
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2804 shares
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
741.67
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P1Y1M6D
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
2594 shares
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
732.20
VINO Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm2
P1Y
CY2021Q2 us-gaap Lessee Operating Lease Term Of Contract
LesseeOperatingLeaseTermOfContract
P7Y
CY2021Q2 us-gaap Lease Expiration Date1
LeaseExpirationDate1
2028-05-01
CY2023Q3 us-gaap Lessee Operating Lease Remaining Lease Term
LesseeOperatingLeaseRemainingLeaseTerm
P4Y7M6D
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 Security Deposit
SecurityDeposit
56130 usd
CY2023Q3 us-gaap Operating Lease Expense
OperatingLeaseExpense
82965 usd
us-gaap Operating Lease Expense
OperatingLeaseExpense
248896 usd
CY2022Q3 us-gaap Operating Lease Expense
OperatingLeaseExpense
83000 usd
us-gaap Operating Lease Expense
OperatingLeaseExpense
249000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
149994 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
107343 usd
CY2023Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y7M6D
CY2022Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y9M18D
CY2023Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.070 pure
CY2022Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.070 pure
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
76645 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
336102 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
357881 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
368617 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
365004 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
120464 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
1624713 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
243524 usd
CY2023Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
1381189 usd
CY2023Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
235432 usd
CY2023Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
1145757 usd
CY2023Q3 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
9717 usd
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
31282 usd
CY2022Q3 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
24000 usd
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
39000 usd

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