v3.26.1
PROPERTY AND EQUIPMENT, NET
 3 Months Ended
Mar. 31, 2026
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT, NET

3) PROPERTY AND EQUIPMENT, NET

 

The Company’s property and equipment consists of the following, as of the dates shown:

 

 

   March 31, 2026   December 31, 2025 
         
Construction in progress  $667,635   $645,675 
Land, improvements, and other buildings   15,342,674    15,342,674 
Winery buildings and tasting rooms   44,123,730    44,123,730 
Equipment   21,185,084    21,185,084 
Property and equipment, gross   81,319,123    81,297,163 
           
Accumulated depreciation   (32,641,989)   (31,892,164)
           
Property and equipment, net  $48,677,134   $49,404,999 

  

Depreciation expense for the three months ended March 31, 2026 and 2025 was $749,825 and $770,370, respectively.