Segment Information

3 Months Ended

Mar. 31, 2024

Segment Information [Abstract]

SEGMENT INFORMATION

NOTE 9.  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.

Three months ended March 31,

2024	Retail			Cultivation			Eliminations			Total
Revenues	$	3,685,881		$	248,642		$	(248,642	)	$	3,685,881
Costs and expenses		(3,116,260	)		(608,286	)		248,642			(3,475,904	)
Segment operating income	$	569,621		$	(359,644	)	$	—			209,977
Corporate expenses											(1,462,756	)
ERC Credits											—
Net loss from continuing operations before income taxes										$	(1,252,779	)

2023	Retail			Cultivation			Eliminations			Total
Revenues	$	5,110,619		$	684,017		$	(684,017	)	$	5,110,619
Costs and expenses		(4,535,568	)		(1,139,573	)		684,017			(4,991,124	)
Segment operating income	$	575,051		$	(455,556	)	$	—			119,495
Corporate expenses											(1,920,293	)
Net loss from continuing operations before income taxes										$	(1,800,798	)

	March 31,		December 31,
Total assets	2024		2023
Retail	$	20,017,565	$	20,491,961
Cultivation		1,888,387		1,736,685
Corporate		394,048		1,018,247
Total assets – segments		22,300,000		23,246,893
Intercompany eliminations		—		—
Total assets – consolidated	$	22,300,000	$	23,246,893