SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

3 Months Ended

Mar. 31, 2023

Accounting Policies [Abstract]

SCHEDULE OF DISAGGREGATION OF REVENUE

The following table summarizes the revenue recognized in the Company’s condensed consolidated statements of operations:

	For the Three Months Ended
	March 31,
	2023		2022
Real estate sales	$	-	$	184,658
Hotel rooms and events		245,687		139,099
Restaurants		79,018		17,270
Winemaking		29,823		26,809
Agricultural		-		27,498
Golf, tennis and other		27,857		25,101
Clothes and accessories		65,382		5,162
Total revenues	$	447,767	$	425,597

SCHEDULE OF ANTIDILUTIVE SECURITIES EXCLUDED FROM COMPUTATION OF EARNINGS PER SHARE

The following securities are excluded from the calculation of weighted average dilutive common shares because their inclusion would have been anti-dilutive:

	As of March 31,
	2023			2022
Options		34,806			561,027
Warrants		4,839,254			2,024,166
Unvested restricted stock units		517,610			-
Convertible debt		5,827,783	[1]		1,897,860	[2]
Total potentially dilutive shares		11,219,453			4,483,053

[1] Represents shares issuable upon conversion of $5,536,394 in convertible debt outstanding as of March 31, 2023 at a conversion price of $0.95 per share, which represents the conversion price in effect as of March 31, 2023. The conversion price of such debt is variable (see Note 9, Convertible Debt Obligations).

[2] Represents shares issuable upon conversion of principal and interest outstanding in the aggregate amount of $6,642,510 at a conversion price of $3.50 per share.