NOTE 2: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Inventory (Policies) |
12 Months Ended |
|---|---|
Dec. 31, 2025 | |
| Policies | |
| Inventory | Inventory
The Company’s inventory from continuing operations consists of wine and related products acquired pursuant to the J Street and Prestige acquisitions, and the Interstice Cellars joint venture. Inventory includes finished goods (bottled wine and case goods) and work-in-progress (bulk wine in various stages of production being procured from third-party vendors by Prestige). The inventory is valued at the lower of cost (specific identification) or estimated net realizable value. As of December 31, 2025, inventory from continuing operations was $516,124, of which approximately $413,000 pertained to J Street wine inventory and approximately $103,000 pertained to work-in-progress wine inventory that Prestige is procuring from vendors. |