| Schedule of segment information |
Schedule of segment information
| |
|
Cannabis and Medical Marijuana Segment |
|
|
Facility Operations Related |
|
|
Corporate and Eliminations |
|
|
Consolidated |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Three months ended March 31, 2022 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net revenue |
|
$ |
9,017 |
|
|
$ |
1,839,881 |
|
|
$ |
- |
|
|
$ |
1,848,898 |
|
| Operating income (loss) |
|
|
5,491 |
|
|
|
187,150 |
|
|
|
(161,265 |
) |
|
|
31,376 |
|
| Interest income |
|
|
- |
|
|
|
- |
|
|
|
14,353 |
|
|
|
14,353 |
|
| Interest expense |
|
|
- |
|
|
|
10,386 |
|
|
|
7,821 |
|
|
|
18,207 |
|
| Property additions |
|
|
- |
|
|
|
27,902 |
|
|
|
- |
|
|
|
27,902 |
|
| Depreciation and amortization |
|
|
- |
|
|
|
15,368 |
|
|
|
522 |
|
|
|
15,890 |
|
| Total assets |
|
|
879,789 |
|
|
|
2,411,343 |
|
|
|
1,545,786 |
|
|
|
4,836,918 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Three months ended March 31, 2021 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net revenue |
|
$ |
10,871 |
|
|
$ |
1,309,753 |
|
|
$ |
- |
|
|
$ |
1,320,624 |
|
| Operating income (loss) |
|
|
6,125 |
|
|
|
(3,946 |
) |
|
|
(166,922 |
) |
|
|
(164,743 |
) |
| Interest income |
|
|
- |
|
|
|
- |
|
|
|
16,489 |
|
|
|
16,489 |
|
| Interest expense |
|
|
- |
|
|
|
8,498 |
|
|
|
3,572 |
|
|
|
12,070 |
|
| Property additions |
|
|
- |
|
|
|
6,595 |
|
|
|
1,264 |
|
|
|
7,859 |
|
| Depreciation and amortization |
|
|
- |
|
|
|
7,960 |
|
|
|
1,461 |
|
|
|
9,421 |
|
| Total assets |
|
|
1,005,990 |
|
|
|
2,124,769 |
|
|
|
1,644,546 |
|
|
|
4,775,305 |
|
|
| Reconciliation of revenue from segments to consolidated |
The
following table reconciles operating segments and corporate-unallocated operating income (loss) to consolidated income before income
taxes, as presented in the unaudited condensed consolidated income statements:
Reconciliation of revenue from segments to consolidated
| |
|
2022 |
|
|
2021 |
|
| |
|
Three Months Ended
March 31, |
|
| |
|
2022 |
|
|
2021 |
|
| Operating income (loss) |
|
$ |
31,376 |
|
|
$ |
(164,743 |
) |
| Gain (loss) on investment in securities |
|
|
(42,680 |
) |
|
|
4,849 |
|
| Paycheck Protection Program Loan forgiveness |
|
|
- |
|
|
|
10,000 |
|
| Interest income |
|
|
14,353 |
|
|
|
16,489 |
|
| Interest expense |
|
|
(18,207 |
) |
|
|
(12,070 |
) |
| Gain (loss) on ROU asset disposal |
|
|
26,168 |
|
|
|
(643 |
) |
| Other Income (expense) |
|
|
1,500 |
|
|
|
(1,053 |
) |
| |
|
|
|
|
|
|
|
|
|