Segment Information

12 Months Ended

Dec. 31, 2023

Segment Information [Abstract]

SEGMENT INFORMATION

NOTE 22. SEGMENT INFORMATION

Our operations are organized into two segments: Retail and Cultivation. All revenue originates, and all assets are located in the United States. Segment information is presented in accordance with ASC 280, “Segments Reporting.” This standard is based on a management approach that requires segmentation based upon our internal organization and disclosure of revenue and certain expenses based upon internal accounting methods. Our financial reporting systems present various data for management to run the business, including internal profit and loss statements prepared on a basis not consistent with GAAP.

Year ended December 31,

2023	Retail			Cultivation			Eliminations			Total
Total revenues	$	17,722,565		$	2,531,399		$	(2,117,084	)	$	18,136,880
Costs and expenses		(17,568,330	)		(4,468,658	)		2,117,084			(19,919,904	)
Segment operating income (loss)	$	154,235		$	(1,937,259	)	$	—			(1,783,024	)
Corporate expenses											(6,008,066	)
ERC Credits											896,680
Net loss from continuing operations before income taxes										$	(6,894,410	)

2022	Retail			Cultivation			Eliminations			Total
Total revenues	$	12,934,904		$	1,783,309		$	(1,273,671	)	$	13,444,542
Costs and expenses		(13,117,039	)		(3,346,975	)		1,273,671			(15,190,343	)
Segment operating income (loss)	$	(182,135	)	$	(1,563,666	)	$	—			(1,745,801	)
Corporate expenses											(7,529,827	)
Net loss from continuing operations before income taxes										$	(9,275,628	)

	December 31,		December 31,
Total assets	2023		2022
Retail	$	20,491,961	$	25,212,245
Cultivation		1,736,685		4,628,452
Corporate		1,018,247		1,985,455
Total assets - segments		23,246,893		31,826,152
Intercompany eliminations		—		(131,439	)
Total assets - consolidated	$	23,246,893	$	31,694,713