Investments, at Cost |
6 Months Ended |
|---|---|
Jun. 30, 2026 | |
| Investments in Joint Ventures [Abstract] | |
| INVESTMENTS, AT COST | 7. INVESTMENTS, AT COST
The Company held minority equity interests in Cannon Estate Winery Ltd. and Chase Mocktails Ltd. (f/k/a DRNK Beverage Corp.), each accounted for under the cost method of accounting. As of June 30, 2026 and December 31, 2025, the carrying value of both investments was — following full impairment recognized during the years ended December 31, 2024 and 2025.
During the year ended December 31, 2025, the Company recognized impairment charges of $817,500 and $300,000 related to its investments in Cannon Estate Winery Ltd. and Chase Mocktails Ltd., respectively. The cumulative impairment recognized on Chase Mocktails Ltd. totaled $4,800,000. impairment charges were recognized during the three and six months ended June 30, 2026. |