Revenues
disaggregated by major revenue streams and timing of revenue recognition for the three months ended March 31, 2026 and 2025 are disclosed
in the table below:
Schedule
of Disaggregation of Revenue
| | |
2026
(unaudited)
| | |
2025
(unaudited)
| |
| | |
For the three months ended | |
| | |
March 31, | |
| | |
2026
(unaudited)
| | |
2025
(unaudited)
| |
| Over time: | |
| | | |
| | |
| Golf operations – annual subscription green fees | |
$ | 70,767 | | |
$ | 34,166 | |
| | |
| | | |
| | |
| Point in time: | |
| | | |
| | |
| Golf operations – one-time green fees | |
| 1,058,806 | | |
| 994,774 | |
| Sales of food and beverage | |
| 244,805 | | |
| 225,803 | |
| Sales of merchandise | |
| 58,288 | | |
| 44,504 | |
| Ancillary revenue | |
| 36,712 | | |
| 29,124 | |
| Total revenue - Point in
time | |
| 1,398,611 | | |
| 1,294,205 | |
| | |
| | | |
| | |
| Total revenue | |
$ | 1,469,378 | | |
$ | 1,328,371 | |
|