SEGMENT INFORMATION

3 Months Ended

Mar. 31, 2021

SEGMENT INFORMATION

SEGMENT INFORMATION

NOTE 12.  SEGMENT INFORMATION

Our operations are organized into two segments: Operations Consulting and Products 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 the Company’s internal organization and disclosure of revenue and certain expenses based upon internal accounting methods. The Company’s 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. The following information is presented net of discontinued operations.

Three months ended March 31

2021	Operations		Cultivation		Eliminations		Total
Revenues	$	1,296,229	$	649,333	$	(312,044)	$	1,633,518
Costs and expenses		(1,266,727)		(797,708)		279,866		(1,784,569)
Segment operating income (loss)	$	29,502	$	(148,375)	$	(32,178)		(151,051)
Corporate expenses								(2,208,017)
Net loss from continuing operations							$	(2,359,068)

2020	Operations		Cultivation		Total
Revenues	$	1,647,459	$	—	$	1,647,459
Costs and expenses		(1,616,487)		—		(1,616,487)
Segment operating income	$	30,972	$	—		30,972
Corporate expenses						(1,892,293)
Net loss from continuing operations					$	(1,861,321)

	March 31,		December 31,
Total assets	2021		2020
Operations	$	462,526	$	750,156
Cultivation		6,452,010		6,208,223
Corporate		1,209,283		1,567,021
Total assets - segments		8,123,819		8,525,400
Intercompany eliminations		(32,178)		(12,183)
Total assets - consolidated	$	8,091,641	$	8,513,217