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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Oct. 31, 2023
Oct. 31, 2022
Oct. 31, 2023
Oct. 31, 2022
REVENUE        
TOTAL REVENUE $ 1,824,499 $ 1,704,612 $ 5,751,583 $ 5,539,814
OPERATING EXPENSES        
TOTAL OPERATING EXPENSES 1,974,539 1,834,828 5,881,402 5,523,895
OPERATING LOSS (150,040) (130,216) (129,819) 15,919
Other Income 13,991 1,357 32,806 1,816
Interest Income 235 16,277 33,872 48,011
TOTAL OTHER INCOME 14,226 17,634 66,678 49,827
Interest on Mortgage Notes Payable 119,601 129,795 361,641 345,450
Interest on Other Notes Payable 5,288 419 15,898 42,886
TOTAL INTEREST EXPENSE 124,889 130,214 377,539 388,336
CONSOLIDATED NET LOSS BEFORE EMPLOYEE RETENTION CREDIT (260,703) (242,796) (440,680) (322,590)
Employee Retention Credit 350,791 350,791 1,052,373 1,052,373
CONSOLIDATED NET INCOME 90,088 107,995 611,693 729,783
LESS: NET INCOME ATTRIBUTABLE TO NON-CONTROLLING INTEREST 28,644 12,830 314,808 358,570
NET INCOME ATTRIBUTABLE TO CONTROLLING INTERESTS $ 61,444 $ 95,165 $ 296,885 $ 371,213
NET INCOME PER SHARE - BASIC $ 0.01 $ 0.01 $ 0.03 $ 0.04
NET INCOME PER SHARE - DILUTED $ 0.01 $ 0.01 $ 0.03 $ 0.04
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING - BASIC 9,215,629 9,109,276 9,111,614 9,139,522
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING - DILUTED 9,215,629 9,109,276 9,111,614 9,139,522
Room [Member]        
REVENUE        
TOTAL REVENUE $ 1,779,713 $ 1,673,246 $ 5,644,555 $ 5,423,745
OPERATING EXPENSES        
TOTAL OPERATING EXPENSES 605,559 542,404 1,866,195 1,654,536
Food and Beverage [Member]        
REVENUE        
TOTAL REVENUE 9,779 9,953 38,484 37,892
OPERATING EXPENSES        
TOTAL OPERATING EXPENSES 45,320 43,070 138,532 149,204
Other [Member]        
REVENUE        
TOTAL REVENUE 35,007 21,413 68,544 78,177
OPERATING EXPENSES        
TOTAL OPERATING EXPENSES     26,433 20,501
Telecommunications [Member]        
OPERATING EXPENSES        
TOTAL OPERATING EXPENSES 314 537 314
General and Administrative [Member]        
OPERATING EXPENSES        
TOTAL OPERATING EXPENSES 551,031 511,343 1,774,858 1,634,219
Sales and Marketing [Member]        
OPERATING EXPENSES        
TOTAL OPERATING EXPENSES 96,218 114,302 294,288 361,407
Repairs and Maintenance [Member]        
OPERATING EXPENSES        
TOTAL OPERATING EXPENSES 126,863 98,254 338,323 290,409
Hospitality [Member]        
OPERATING EXPENSES        
TOTAL OPERATING EXPENSES 114,389 94,574 346,086 256,746
Utilities [Member]        
OPERATING EXPENSES        
TOTAL OPERATING EXPENSES 105,001 99,754 315,530 321,605
Depreciation [Member]        
OPERATING EXPENSES        
TOTAL OPERATING EXPENSES 167,311 185,515 502,097 529,951
Real Estate and Personal Property Taxes, Insurance and Ground Rent [Member]        
OPERATING EXPENSES        
TOTAL OPERATING EXPENSES $ 162,847 $ 145,298 $ 278,523 $ 305,003