LuxUrban Hotels (LUXH) 10-Q 8 Nov 23 2023 Q3 Quarterly report Financial data

Cover

Cover - shares	9 Months Ended
	Sep. 30, 2023	Nov. 08, 2023
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Sep. 30, 2023
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2023
Current Fiscal Year End Date	--12-31
Entity File Number	001-41473
Entity Registrant Name	LUXURBAN HOTELS INC.
Entity Central Index Key	0001893311
Entity Tax Identification Number	82-3334945
Entity Incorporation, State or Country Code	DE
Entity Address, Address Line One	2125 Biscayne Blvd
Entity Address, Address Line Two	Suite 253
Entity Address, City or Town	Miami
Entity Address, State or Province	FL
Entity Address, Postal Zip Code	33137
City Area Code	(833)
Local Phone Number	723-7368
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	true
Elected Not To Use the Extended Transition Period	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		36,836,190
Common stock, $0.00001 par value per share
Title of 12(b) Security	Common stock, $0.00001 par value per share
Trading Symbol	LUXH
Security Exchange Name	NASDAQ
13.00% Series A Cumulative Redeemable Preferred Stock, $0.00001 par value per share
Title of 12(b) Security	13.00% Series A Cumulative Redeemable Preferred Stock, $0.00001 par value per share
Trading Symbol	LUXHP
Security Exchange Name	NASDAQ

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)	Sep. 30, 2023	Dec. 31, 2022
Current Assets
Cash and Cash Equivalents	$ 4,798,580	$ 1,076,402
Treasury Bills		2,661,382
Processor Retained Funds	5,929,229	6,734,220
Receivables from On-Line Travel Agents (“OTAs”)	12,868,602
Prepaid Expenses and Other Current Assets	4,420,412	963,300
Security Deposits - Current	112,290	112,290
Total Current Assets	28,129,113	11,547,594
Other Assets
Furniture, Equipment and Leasehold Improvements, Net	1,059,468	197,129
Restricted Cash	1,100,000	1,100,000
Security Deposits - Noncurrent	20,636,169	11,233,385
Prepaid Expenses and Other Noncurrent Assets	908,314	559,838
Operating Lease Right-Of-Use Assets, Net	230,432,166	83,325,075
Total Other Assets	254,136,117	96,415,427
Total Assets	282,265,230	107,963,021
Current Liabilities
Accounts Payable and Accrued Expenses	7,677,799	6,252,491
Rents Received in Advance	3,549,450	2,566,504
Short Term Business Financing	2,312,198	2,003,015
Loans Payable - Current	1,490,734	10,324,519
Operating Lease Liabilities - Current	6,434,704	4,293,085
Development Incentive Advances - Current	81,057
Accrued Income Taxes	15,702
Total Current Liabilities	21,561,644	25,439,614
Long-Term Liabilities
Loans Payable - Noncurrent	1,409,844	1,689,193
Development Incentive Advances - Noncurrent	1,513,500
Security Deposit Letter of Credit	3,500,000	2,500,000
Operating Lease Liabilities - Noncurrent	232,801,915	81,626,338
Total Long-Term Liabilities	239,225,259	85,815,531
Total Liabilities	260,786,903	111,255,145
Stockholders’ Equity (Deficit)
Common Stock (shares authorized, issued and outstanding – 36,816,190 and 27,691,918, respectively)	368	276
Additional Paid In Capital	67,117,346	17,726,592
Accumulated Deficit	(45,639,387)	(21,018,992)
Total Stockholders’ Equity (Deficit)	21,478,327	(3,292,124)
Total Liabilities and Stockholders’ Equity (Deficit)	$ 282,265,230	$ 107,963,021

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) (Parenthetical) - shares	Sep. 30, 2023	Dec. 31, 2022
Statement of Financial Position [Abstract]
Common stock, shares authorized	36,816,190	27,691,918
Common stock, shares issued	36,816,190	27,691,918
Common stock, shares outstanding	36,816,190	27,691,918

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS (UNAUDITED) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Income Statement [Abstract]
Net Rental Revenue	$ 31,208,248	$ 11,575,325	$ 85,883,521	$ 30,876,088
Rent Expense	7,802,847	2,786,458	18,068,828	7,371,055
Non-Cash Rent Expense Amortization	1,952,599	(11,471)	6,187,540	1,191,431
Other Expenses	13,640,517	3,911,386	38,273,980	12,054,769
Total Cost of Revenue	23,395,963	6,686,373	62,530,348	20,617,255
Gross Profit	7,812,285	4,888,952	23,353,173	10,258,833
General and Administrative Expenses	1,981,774	4,952,740	9,297,097	6,817,967
Non-Cash Issuance of Common Stock for Operating Expenses	334,081		1,847,711
Non-Cash Stock Compensation Expense	260,846	151,741	690,842	151,741
Non-Cash Stock Option Expense	146,707	206,545	519,094	206,545
Total Operating Expenses	2,723,408	5,311,026	12,354,744	7,176,253
Income from Operations	5,088,877	(422,074)	10,998,429	3,082,580
Other Income (Expense)
Other Income	31,627	606,090	129,875	1,193,157
Interest and Financing Costs	(2,185,202)	(79,500)	(5,505,708)	(1,239,379)
Non-Cash Financing Costs		(4,072,078)	(30,227,289)	(4,072,078)
Total Other Expense	(2,153,575)	(3,545,488)	(35,603,122)	(4,118,300)
Income (Loss) Before (Benefit from) Provision for Income Taxes	2,935,302	(3,967,562)	(24,604,693)	(1,035,720)
(Benefit from) Provision for Income Taxes	(1,999,498)	(750,000)	15,702	0
Net Income (Loss)	$ 4,934,800	$ (3,217,562)	$ (24,620,395)	$ (1,035,720)
Basic Earnings (Loss) Per Common Share	$ 0.11	$ (0.13)	$ (0.69)	$ (0.05)
Diluted Earnings (Loss) Per Common Share	$ 0.11	$ (0.13)	$ (0.69)	$ (0.05)
Basic Weighted Average Number of Common Shares Outstanding	44,562,243	24,092,231	35,895,801	22,251,412
Diluted Weighted Average Number of Common Shares Outstanding	45,433,166	24,092,231	35,895,801	22,251,412

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY (DEFICIT) (UNAUDITED) - USD ($)	Common Stock [Member]	Stockholder Member Deficit [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Total
Balance - June 30, 2022 at Dec. 31, 2021		$ (11,214,050)			$ (11,214,050)
Beginning balance, shares at Dec. 31, 2021
Cumulative effect changes in accounting principle		(414,373)			(414,373)
Conversion to C Corp	$ 216	11,628,423		(11,628,639)
Conversion to C Corp, shares	21,675,001
Net Income				1,419,433	1,419,433
Balance - September 30, 2022 at Mar. 31, 2022	$ 216			(10,209,206)	(10,208,990)
Ending balance, shares at Mar. 31, 2022	21,675,001
Net Income				762,409	762,409
Balance - September 30, 2022 at Jun. 30, 2022	$ 216			(9,446,797)	(9,446,581)
Ending balance, shares at Jun. 30, 2022	21,675,001
Net Income				(3,217,562)	(3,217,562)
Conversion of Loans	$ 14		2,830,112		2,830,126
Conversion of Loans, shares	1,425,417
Sale of Commons Stock (Net of Related Costs)	$ 34		10,198,514		10,198,548
Sale of Commons Stock (Net of Related Costs), shares	3,375,000
Warrant Expense			3,480,725		3,480,725
Stock Compensation Expense	$ 1		358,285		358,286
Stock Compensation Expense, shares	54,000
Post IPO Warrant			591,353		591,353
Balance - September 30, 2022 at Sep. 30, 2022	$ 265		17,458,989	(12,664,359)	4,794,895
Ending balance, shares at Sep. 30, 2022	26,529,418
Balance - June 30, 2022 at Dec. 31, 2022	$ 276		17,726,592	(21,018,992)	(3,292,124)
Beginning balance, shares at Dec. 31, 2022	27,691,918
Net Income				(2,780,534)	(2,780,534)
Non-Cash Stock Compensation Expense	$ 2		429,994		429,996
Non-Cash Stock Compensation Expense, shares	166,665
Non-Cash Stock Option Expense			167,573		167,573
Issuance of Shares for Operating Expenses	$ 4		884,812		884,816
Issuance of Shares for Operating Expenses, shares	433,881
Conversion of Loans	$ 9		2,699,991		2,700,000
Conversion of Loans, shares	900,000
Warrant Exercise	$ 2		399,998		400,000
Warrant Exercise, shares	200,000
Loss on Debt Extinguishment			58,579		58,579
Balance - September 30, 2022 at Mar. 31, 2023	$ 293		22,367,539	(23,799,526)	(1,431,694)
Ending balance, shares at Mar. 31, 2023	29,392,464
Net Income				(26,774,661)	(26,774,661)
Non-Cash Stock Option Expense			204,814		204,814
Issuance of Shares for Operating Expenses	$ 2		784,311		784,313
Issuance of Shares for Operating Expenses, shares	276,525
Conversion of Loans	$ 23		4,989,607		4,989,630
Conversion of Loans, shares	2,278,975
Warrant Exercise	$ 24		4,912,478		4,912,502
Warrant Exercise, shares	2,356,251
Issuance of Shares to Satisfy Loans	$ 1		157,999		158,000
Issuance of Shares to Satisfy Loans, shares	58,088
Issuance of Shares for Deferred Compensation	$ 2		467,214		467,216
Issuance of Shares for Deferred Compensation, shares	160,036
Issuance of Shares for Revenue Share Agreements	$ 6		1,704,543		1,704,549
Issuance of Shares for Revenue Share Agreements, shares	614,252
Termination of Revenue Share Agreement Adjustment			28,174,148		28,174,148
Modification of Warrants			259,075		259,075
Balance - September 30, 2022 at Jun. 30, 2023	$ 351		64,021,728	(50,574,187)	13,447,892
Ending balance, shares at Jun. 30, 2023	35,136,591
Net Income				4,934,800	4,934,800
Non-Cash Stock Option Expense			146,707		146,707
Issuance of Shares for Operating Expenses, shares	113,824
Warrant Exercise	$ 9		2,353,992		2,354,001
Warrant Exercise, shares	860,000
Issuance of Shares for Revenue Share Agreements	$ 6		(6)
Issuance of Shares for Revenue Share Agreements, shares	614,250
Issuance of Shares for Operating Expenses and Settlements	$ 1		334,080		334,081
Issuance of Shares for Operating Expenses and Settlements, Shares	113,824
Issuance of Shares for Director Compensation	$ 1		260,845		260,846
Issuance of Shares for Director Compensation, Shares	91,525
Balance - September 30, 2022 at Sep. 30, 2023	$ 368		$ 67,117,346	$ (45,639,387)	$ 21,478,327
Ending balance, shares at Sep. 30, 2023	36,816,190

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS (UNAUDITED) - USD ($)	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Cash Flows from Operating Activities
Net Loss	$ (24,620,395)	$ (1,035,720)
Adjustments to reconcile net (loss) to net cash used in operating activities:
Non-cash stock compensation expense	1,158,058	151,741
Non-cash stock option expense	519,094	206,545
Depreciation expense	59,075	5,020
Shares issued for operating expenses	2,003,210
Non-cash lease expense	23,695,139	1,191,431
Gain on sale of Treasury Bills	(31,014)
Issuance of shares for revenue share agreement	1,704,549
Termination of revenue share agreement	28,174,148
Modification of warrants	259,075
Non-cash financing changes associated with short term business financing	325,290
Loss on debt extinguishment	58,579
Loan forgiveness – SBA – PPP loan		(516,225)
Warrant expense		3,480,725
(Increase) Decrease in:
Processor retained funds	804,991	(7,309,323)
Receivables from OTAs	(12,868,602)
Prepaid expense and other assets	(3,791,886)	(1,265,751)
Security deposits	(9,402,784)	(4,416,722)
(Decrease) Increase in:
Accounts payable and accrued expenses	1,425,308	(555,427)
Operating lease liabilities	(17,485,034)	(2,942,616)
Rents received in advance	982,946	(539,951)
Accrued Income Taxes	15,702
Net cash used in operating activities	(7,014,551)	(13,546,273)
Cash Flows from Investing Activities
Purchase of furniture and equipment and leaseholds	(921,414)	(44,300)
Proceeds from the sale of (purchase of) Treasury Bills	2,692,396	(50,658)
Net cash provided by (used in) investing activities	1,770,982	(94,958)
Cash Flows from Financing Activities
Deferred offering costs - net	(13,702)	771,954
Repayments of short term business financing - net	(16,107)	(1,061,481)
Warrant Exercises	7,666,503
(Repayments of) loans payable – related parties - net		(48,955)
Issuance of common stock - net		10,198,548
Proceeds from development incentive advances	1,594,557
(Repayments of) proceeds from loans payable - net	(265,504)	4,964,200
Net cash provided by financing activities	8,965,747	14,824,266
Net Increase in Cash and Cash Equivalents and Restricted Cash	3,722,178	1,183,035
Cash and Cash Equivalents and Restricted Cash - beginning of the period	2,176,402	1,106,998
Cash and Cash Equivalents and Restricted Cash - end of the period	5,898,580	2,290,033
Cash and Cash Equivalents	4,798,580	1,190,033
Restricted Cash	1,100,000	1,100,000
Total Cash and Cash Equivalents and Restricted Cash	5,898,580	2,290,033
Supplemental Disclosures of Cash Flow Information
Cash paid for income taxes
Cash paid for interest	5,179,748	1,444,428
Noncash operating activities:
Acquisition of New Operating Lease Right-of-Use Assets	155,045,761
Noncash financing activities:
Conversion of debt to common stock and additional paid-in capital	7,847,630	3,924,468
Common stock issued in exchange for warrants		4,635,245
Accrued deferred offering costs	$ 350,000

DESCRIPTION OF BUSINESS AND PRI

DESCRIPTION OF BUSINESS AND PRINCIPLES OF CONSOLIDATION	9 Months Ended
	Sep. 30, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
DESCRIPTION OF BUSINESS AND PRINCIPLES OF CONSOLIDATION	1 - DESCRIPTION OF BUSINESS AND PRINCIPLES OF CONSOLIDATION LuxUrban Hotels Inc. (“LUXH” or the “Company”) utilizes an asset light business model to lease entire hotels on a long-term basis and rent out hotel rooms in the properties it leases. The Company currently manages a portfolio of hotel rooms in New York, Washington D.C., Miami Beach, New Orleans and Los Angeles. In late 2021, LUXH commenced the process of winding down its legacy business of leasing and re-leasing multifamily residential units, as it pivoted toward its new strategy of leasing hotels. The consolidated financial statements include the accounts of LuxUrban Hotels Inc. (“LuxUrban”) and its wholly owned subsidiary SoBeNY Partners LLC (“SoBeNY”). On November 2, 2022, CorpHousing Group Inc. (“CorpHousing”) changed its name to LuxUrban Hotels Inc. In June 2021, the members of SoBeNY exchanged all of their membership interests for additional membership interests in Corphousing LLC, with SoBeNY becoming a wholly owned subsidiary of Corphousing LLC. Both entities were under common control at the time of the transaction. Since there was no change in control over the net assets, there is no change in basis in the net assets. In January 2022, Corphousing LLC and its wholly owned subsidiary, SoBeNY, converted into C corporations, with the then current members of Corphousing LLC becoming the stockholders of the newly formed C corporation, CorpHousing Group Inc. The conversion has no effect on our business or operations and was undertaken to convert the forms of these legal entities into corporations for purposes of operating as a public company. All properties, rights, businesses, operations, duties, obligations and liabilities of the predecessor limited liability companies remain those of CorpHousing Group Inc. and SoBeNY Partners Inc. SoBeNY was dissolved on December 30, 2022. All significant intercompany accounts and transactions have been eliminated in consolidation.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
	Sep. 30, 2023
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES a. Basis of Presentation - b. Revenue Recognition - The Company accounts for revenue in accordance with Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic 606 which was adopted at the beginning of fiscal year 2018 using the modified retrospective method. The Company did not recognize any cumulative-effect adjustment to retained earnings upon adoption as the effect was immaterial. Payment received for the future use of a rental unit is recognized as a liability and reported as rents received in advance on the balance sheets. Rents received in advance are recognized as revenue after the rental unit is occupied by the customer for the agreed upon length of time. The rents received in advance balance as of September 30, 2023 and December 31, 2022, was $ 3,549,450 2,566,504 c. Use of Estimates - d. Cash and Cash Equivalents - 4,798,580 1,076,402 e. Fair Value of Financial Instruments - f. Commissions - 2,020,080 6,576,221 2,148,000 4,838,000 g. Income Taxes - Accounting for Uncertainty in Income Taxes, The Company is subject to income taxes in the jurisdictions in which it operates. The Company accounts for income taxes under the asset and liability method, whereby deferred tax assets and liabilities are recognized based on the future tax consequences attributable to temporary differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases, and attributable to operating loss and tax credit carry-forwards. A valuation allowance is recorded for deferred tax assets if it is more likely than not that the deferred tax assets will not be realized. For the three and nine months ended September 30, 2023, the Company recorded a tax provision of a benefit of $ 1,999,498 15,702 750,000 0 h. Sales Tax - 820,610 229,371 i. Paycheck Protection Program Loan (“PPP”) - j. Earnings Per Share (“EPS”) - 870,923 k. Liquidity - 4,934,800 24,620,395 30,227,289 6,567,469

LEASES

LEASES	9 Months Ended
	Sep. 30, 2023
Leases
LEASES	3 - LEASES In February 2017, the FASB issued ASU No. 2016-02, Leases (“Topic 842”), to provide guidance on recognizing lease assets and lease liabilities on the consolidated balance sheet and disclosing key information about lease arrangements, specifically differentiating between different types of leases. The Company adopted Topic 842, with an effective date of January 1, 2022. The consolidated financial statements from this date are presented under the new standard, while the comparative periods presented are not adjusted and continue to be reported in accordance with the Company’s historical accounting policy. This standard requires all lessees to recognize a right-of-use asset and a lease liability, initially measured at the present value of the lease payments. Under Topic 842, the Company applied a dual approach to all leases whereby the Company is a lessee and classifies leases as either finance or operating leases based on the principle of whether or not the lease is effectively a financed purchase by the Company. Lease classification is evaluated at the inception of the lease agreement. Regardless of classification, the Company records a right-of-use asset and a lease liability for all leases with a term greater than 12 months. Operating lease expense is recognized on a straight-line basis over the term of the lease. Operating right of use (“ROU”) assets and operating lease liabilities are recognized at the lease commencement date. Operating lease liabilities represent the present value of lease payments not yet paid. Operating right of use assets represent our right to use an underlying asset and is based upon the operating lease liabilities adjusted for prepayments or accrued lease payments, initial direct costs, lease incentives, and impairment of operating lease assets. To determine the present value of lease payments not yet paid, we estimate incremental secured borrowing rates corresponding to the maturities of the leases. The adoption of the new lease standard had a significant impact on the Consolidated Balance Sheets, resulting in the recognition on January 1, 2022 a right-of-use asset of $ 36,304,289 7,370,890 29,884,584 414,373 The components of the right-of-use assets and lease liabilities as of September 30, 2023 and December 31, 2022 were as follows: At September 30, 2023 and December 31, 2022, supplemental balance sheet information related to leases were as follows: Schedule of supplemental balance sheet information related to leases September 30, December 31, Operating lease right of use assets, net $ 230,432,166 $ 83,325,075 Operating lease liabilities, current portion $ 6,434,704 $ 4,293,085 Operating lease liabilities, net of current portion $ 232,801,915 $ 81,626,338 At September 30 2023, future minimum lease payments under the non-cancelable operating leases are as follows: Schedule of future minimum lease payments under the non-cancelable operating leases Twelve Months Ending September 30, 2024 $ 34,125,923 2025 35,217,282 2026 36,216,351 2027 33,228,390 2028 33,419,423 Thereafter 347,749,070 Total lease payment $ 519,956,439 Less interest (280,719,820 ) Present value obligation 239,236,619 Short-term liability 6,434,704 Long-term liability $ 232,801,915 The following summarizes other supplemental information about the Company’s operating lease: Schedule of other supplemental information related to operating lease September 30, Weighted average discount rate 11.7 % Weighted average remaining lease term (years) 13.2 Three Months Ended September 30, 2023 Nine Months Ended Operating lease cost $ 9,942,873 $ 23,695,139 Short-term lease cost $ (187,427 ) $ 561,229 Total lease cost $ 9,755,446 $ 24,256,368

ACCOUNTS PAYABLE AND ACCRUED LI

ACCOUNTS PAYABLE AND ACCRUED LIABILITIES	9 Months Ended
	Sep. 30, 2023
Payables and Accruals [Abstract]
ACCOUNTS PAYABLE AND ACCRUED LIABILITIES	4 - ACCOUNTS PAYABLE AND ACCRUED LIABILITIES Accounts payable and accrued expenses totaled $ 7,677,799 6,252,492 621,576 1,414,000 1,145,730 748,500 456,000 105,000 739,000 1,423,000 189,000 119,000 412,000 276,000 29,000 1,570,000 1,002,000 805,000 572,000 507,000 495,000 371,000 104,000 268,000 265,000 135,000 158,000 15,702 no Of the legal amounts accrued, the company believes the accrual best estimates the most likely outcomes of these matters however the range of outcomes could be between $1,250,000–$1,750,000.

LOANS PAYABLE _ SBA _ PPP LOAN

LOANS PAYABLE – SBA – PPP LOAN	9 Months Ended
	Sep. 30, 2023
Loans Payable Sba Ppp Loan
LOANS PAYABLE – SBA – PPP LOAN	5 - LOANS PAYABLE – SBA – PPP LOAN On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) was enacted to provide emergency assistance for individuals, families, and organizations affected by the coronavirus pandemic. The PPP, created through the CARES Act, provides qualified organizations with loans of up to $ 10,000,000 In April and May 2020, SoBeNY and CorpHousing obtained funding of $ 516,225 298,958 15,932 1.00% Accrued interest at September 30, 2023 and December 31, 2022, was $ 747 5,571 Future minimum principal repayments of the SBA - PPP loans payable are as follows: Schedule of future minimum principal repayments of the SBA, PPP loans payable For the Twelve Months Ending September 30, 2024 $ 276,658

LOANS PAYABLE _ SBA _ EIDL LOAN

LOANS PAYABLE – SBA – EIDL LOAN	9 Months Ended
	Sep. 30, 2023
Loans Payable Sba Eidl Loan
LOANS PAYABLE – SBA – EIDL LOAN	6 - LOANS PAYABLE – SBA – EIDL LOAN During 2020, the Company received three 3 30 3.75% no On April 21, 2020, SoBeNY received an EIDL loan in the amount of $ 500,000 3.75% 2,437 150,000 3.75% 731 150,000 3.75% 731 The outstanding balance at September 30, 2023 and December 31, 2022, was $ 790,547 800,000 Accrued interest at September 30, 2023 was $ 27,644 Future minimum principal repayments of the SBA - EIDL loans payable are as follows: Schedule of future minimum principal repayments of the SBA,EIDL loans payable For the Twelve Months Ending September 30, 2024 $ 17,160 2025 15,248 2026 15,830 2027 16,434 2028 17,061 Thereafter 708,814 Total $ 790,547

SHORT-TERM BUSINESS FINANCING

SHORT-TERM BUSINESS FINANCING	9 Months Ended
	Sep. 30, 2023
Short-term Business Financing
SHORT-TERM BUSINESS FINANCING	7 - SHORT-TERM BUSINESS FINANCING The Company entered into multiple short-term factoring agreements related to future credit card receipts to fund operations. The Company is required to repay this financing in fixed daily payments until the balance is repaid. Fees associated with this financing have been recognized in interest expense in the accompanying consolidated statement of operations. As of September 30, 2023 and December 31, 2022, the outstanding balance on these merchant cash advances net of unamortized costs was $ 2,312,198 2,003,015

LOANS PAYABLE

LOANS PAYABLE	9 Months Ended
	Sep. 30, 2023
Loans Payable
LOANS PAYABLE	8 - LOANS PAYABLE Loans payable consist of the following as of: Schedule of loans payable September 30, December 31, 2022 Original borrowings of $ 250,000 1% no - 210,500 Original payable of $ 151,096 252,954 1,500 404,050 356,012 392,044 Original payable of $ 553,175 72,237 25,000 625,412 400,000 450,000 Original payable of $ 492,180 620,804 25,000 1,112,984 865,618 865,618 Borrowings of $ 9,075,000 638,388 5% no - 8,275,040 Original borrowings of $ 60,000 1% no 60,000 60,000 Original amounts due of $ 195,000 10,000 25,000 20,000 65,000 Original borrowing of $ 119,224 14,903 - 119,224 Other borrowing 36,768 225,929 Less: Current maturities 1,196,916 7,261,723 $ 541,482 $ 3,401,632 Future minimum principal repayments of the loans payable are as follows: Schedule of future minimum principal repayments of the loans payable For the Twelve Months Ending September 30, 2024 $ 1,196,916 2025 541,482 Loans payable $ 1,738,398

LOANS PAYABLE _ RELATED PARTIES

LOANS PAYABLE – RELATED PARTIES	9 Months Ended
	Sep. 30, 2023
Loans Payable Related Parties
LOANS PAYABLE – RELATED PARTIES	9 - LOANS PAYABLE – RELATED PARTIES Loans payable — related parties consists of the following: Schedule of loans payable, related parties September 30, December 31, Original borrowings of $ 496,500 6% $ - $ 238,000 Less - 238,000 $ - $ - In May of 2023, the Company issued 58,088

CONVERTIBLE NOTES

CONVERTIBLE NOTES	9 Months Ended
	Sep. 30, 2023
Convertible Notes
CONVERTIBLE NOTES	10 - CONVERTIBLE NOTES On February 17, 2023, we entered into an exchange agreement with investors pursuant to which all principal, interest and prepayment premium outstanding under a nonconvertible 15% original issue discount (“OID”) note with private investors was exchanged for a convertible note in the principal amount of $ 2,079,686 August 17, 2023 58,579 808,000 none

LINE OF CREDIT

LINE OF CREDIT	9 Months Ended
	Sep. 30, 2023
Line Of Credit
LINE OF CREDIT	11 - LINE OF CREDIT In February 2019, the Company entered into a line of credit agreement in the amount of $ 95,000 8.25% 3.49% 94,975

SECURITY DEPOSIT LETTER OF CRED

SECURITY DEPOSIT LETTER OF CREDIT	9 Months Ended
	Sep. 30, 2023
Security Deposit Letter Of Credit
SECURITY DEPOSIT LETTER OF CREDIT	12 - SECURITY DEPOSIT LETTER OF CREDIT In November of 2022, the Company entered into a standby letter of credit agreement in the amount of $ 2,500,000 1,000,000

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	9 Months Ended
	Sep. 30, 2023
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	13 - RELATED PARTY TRANSACTIONS Consulting services related to the management of the Company, including overseeing the leasing of additional units and revenue management, were provided to the Company through a consulting agreement with SuperLuxMia LLC, a consulting firm owned by the Chief Executive Officer and Chairman of the Company. For the three and nine months ended September 30, 2023, these consulting fees of the Company were zero 0 0 192,000 general and administrative expenses On December 20, 2022, the Company, and our Chairman and Chief Executive Officer, Brian Ferdinand (“Ferdinand”), entered into a Note Extension and Conversion Agreement with Greenle Partners LLC Series Alpha PS (“Greenle Alpha”) and Greenle Partners LLC Series Beta P.S., a Delaware limited liability company (“Greenle Beta” and, together with Greenle Alpha, “Greenle”). Greenle was the purchaser of 15% OID senior secured notes (the “Notes”) and warrants to purchase our common stock (“Warrants”) under certain securities purchase agreements and loan agreements between us and Greenle, including the Securities Purchase Agreement dated as of September 30, 2022, as amended by the letter agreement dated October 20, 2022, and the Loan Agreement dated as of November 23, 2022. Under the terms of the Note Extension and Conversion Agreement, Greenle has agreed to convert from time to time up to $ 3,000,000 1,000,000 3.00 1,250,000 3,000,000 874,474

RISKS AND UNCERTAINTIES

RISKS AND UNCERTAINTIES	9 Months Ended
	Sep. 30, 2023
Risks and Uncertainties [Abstract]
RISKS AND UNCERTAINTIES	14 - RISKS AND UNCERTAINTIES The Company’s financial instruments that are exposed to concentrations of credit risk consist primarily of cash. The Company places its cash with high quality credit institutions. At times, balances may be in excess of the Federal Deposit Insurance Corporation (“FDIC”) insurance limits. All accounts at an insured depository institution are insured by the FDIC up to the standard maximum deposit insurance of $ 250,000

MAJOR SALES CHANNELS

MAJOR SALES CHANNELS	9 Months Ended
	Sep. 30, 2023
Major Sales Channels
MAJOR SALES CHANNELS	15 - MAJOR SALES CHANNELS The Company uses third-party sales channels to handle the reservations, collections, and other rental processes for most of the units. These sales channels represented over 90%

STOCK OPTIONS AND WARRANTS

STOCK OPTIONS AND WARRANTS	9 Months Ended
	Sep. 30, 2023
Equity [Abstract]
STOCK OPTIONS AND WARRANTS	16 - STOCK OPTIONS AND WARRANTS Options During the nine months ended September 30, 2023, the Company granted options to purchase an aggregate of 25,000 1.74 The fair value of each option award was estimated on the date of grant using the Black-Scholes option valuation model using the assumptions noted as follows: expected volatility was based on the historical volatility of a peer group of companies; the expected term of options granted was determined using the simplified method under SAB 107, which represents the mid-point between the vesting term and the contractual term; and the risk-free rate is calculated using the U.S. Treasury yield curve and is based on the expected term of the option. The Black-Scholes option pricing model was used with the following weighted assumptions for options granted during the period: Schedule of Black-Scholes option pricing model was used with the following weighted assumptions for options granted Schedule of stock options and warrants assumptions September 30, Risk-free interest rate 0.52 4.70% Expected option life 6 48 Expected volatility 39.77 62.43% Expected dividend yield - Exercise price $ 1.40 4.00 The following table summarizes stock option activity for the three months ended September 30, 2023: Schedule of stock option activity Schedule of stock option activity Number of Weighted Weighted Aggregate Outstanding at December 31, 2022 1,910,484 $ 2.55 9.8 $ - Granted 25,000 1.74 Exercised Expired Forfeited (285,721 ) 2.03 Outstanding at September 30, 2023 1,649,763 $ 2.63 9.1 $ 3,347,983 Exercisable at September 30, 2023 458,254 $ 2.87 9.0 $ 819,994 The Company is expensing these stock option awards on a straight-line basis over the requisite service period. The Company recognized stock option expense of $ 146,707 519,094 206,545 206,545 1,230,597 1.8 A summary of the status of the Company’s nonvested options as of September 30, 2023, is presented below: Nonvested options Schedule of status of non vested options Number of Weighted Nonvested options at December 31, 2022 1,910,484 $ 2.55 Granted 25,000 1.74 Forfeited (285,721 ) 2.03 Vested (458,254 ) 2.87 Nonvested options at September 30, 2023 1,191,509 2.54 Warrants In connection with certain private placements funded by certain of our officers and directors prior to our initial public offering, we issued notes and warrants. The warrants were contingent upon, and became effective only upon, consummation of our initial public offering on August 11, 2022. In total, 695,000 4.20 5 Also, in conjunction with the initial public offering, the Company issued 135,000 4.40 5 Also, in connection with certain private placements with a third-party investor, the Company issued 920,000 4.00 5 32,000 4.40 5 On September 16, September 30, and October 20, 2022 in conjunction with a financing with the same third-party investor, we issued 517,500 352,188 366,562 4.00 On February 15, 2023 in conjunction with an advisory agreement, we issued 250,000 4.00 On April 16, 2023 in conjunction with an agreement with certain lenders, we issued 1,000,000 warrants with an exercise price of $3.00 per share and 250,000 warrants with an exercise price of $ 4.00 4.0 259,074 The following table summarizes warrant activity for the nine months ended September 30, 2023: Schedule of warrant activity Number of Weighted Weighted Aggregate Outstanding at December 31, 2022 3,018,250 $ 2.64 4.8 $ - Issued 1,500,000 2.75 Exercised (3,416,250 ) 2.24 - Expired - - - Outstanding at September 30, 2023 1,102,000 $ 4.02 4.1 $ 710,520 Exercisable at September 30, 2023 1,102,000 $ 4.02 4.1 $ 710,520 During the nine months ended September 30, 2023, 3,416,250

Revenue Share Exchange

Revenue Share Exchange	9 Months Ended
	Sep. 30, 2023
Revenue Share Exchange
Revenue Share Exchange	17 - Revenue Share Exchange Under the terms of agreements entered into with Greenle, we were obligated to make quarterly payments (each a “Revenue Share”) to Greenle based on certain percentages of the revenues generated by certain of our leased properties during the term of the applicable leases (including any extensions thereof). As previously reported, on February 13, 2023, the Company and Greenle entered into an agreement pursuant to which certain Revenue Share payments for 2023 were converted into an obligation to issue shares of our common stock to Greenle in the amounts prescribed therein (the “February 2023 Revenue Share Agreement”), with all future Revenue Share obligations accruing on and after January 1, 2024 remaining in place. On May 21, 2023, we entered into a further agreement with Greenle (the “May 2023 Revenue Share Exchange Agreement”) pursuant to which the right to receive any and all Revenue Share with respect to any property or operations of the Company has been terminated in its entirety for 2024 and forever thereafter, and Greenle shall not be entitled to receive any payment therefor (other than the remaining periodic share issuances and cash payments under the February 2023 Revenue Share Agreement, all of which shall be completed by January 1, 2024). In consideration for the termination of the Revenue Share for 2024 and thereafter, we agreed to issue to Greenle, from time to time, in each case, at Greenle’s election upon 61 days’ prior written notice delivered to us on and after September 1, 2023 and before August 31, 2028, up to an aggregate of 6,740,000 shares of our common stock (the “Agreement Shares”). As a result of this transaction, we recorded interest expense of $ 28,174,148 On September 11, 2023, the Company issued 36,179 578,071 36,836,190 44,804,690 1,228,500 6,740,000

WYNDHAM AGREEMENTS

WYNDHAM AGREEMENTS	9 Months Ended
	Sep. 30, 2023
Wyndham Agreements
WYNDHAM AGREEMENTS	18 - WYNDHAM AGREEMENTS On August 2, 2023, the Company entered into franchise agreements with Wyndham Hotels & Resorts, Inc. pursuant to which the hotels operated by the Company and future acquired properties will become part of the Trademark Collection® by Wyndham and Travelodge by Wyndham brands while staying under the operational control of the Company. The Franchise Agreements have initial terms of 15 20 Pursuant to the Franchise Agreements, Wyndham will provide capital through development advance notes (“Development Incentive Advances”) to the Company. Consistent with market practice, such Development Incentive Advances will be evidenced by certain promissory notes with customary amortization and repayment terms. The Development Incentive Advances are not repayable if the terms of the agreement are met, including but not limited to the length of the agreement. In conjunction with the Company’s entry into the Franchise Agreements, the Company also paid a one-time, initial, nonrefundable franchise fee to Wyndham. As of September 30, 2023, the Company had Development Incentive Advances of $ 1,594,558 81,057 1,513,501 366,817 18,341 348,476

EQUITY TRANSACTIONS

EQUITY TRANSACTIONS	9 Months Ended
	Sep. 30, 2023
Equity Transactions
EQUITY TRANSACTIONS	19 - EQUITY TRANSACTIONS The tables below outline equity issuances not related to the conversion from an LLC to C Corp, the initial public offering the exercise of Options or Warrants, the conversion of debt into equity or the issuance of shares pursuant to revenue share agreements. For the three months ended September 30, 2023 Schedule of equity transactions Description P/L Account Date Shares Price Value Non-employee Board members pursuant to related comp. policy Non-Cash Stock Compensation Expense 8/16/2023 91,525 $ 2.85 $ 260,846 In connection with certain property finders' fee arrangements Non-Cash Issuance of Common Stock for Operating Expenses 8/21/2023 45,833 $ 2.77 $ 126,957 Advisory and legal services Non-Cash Issuance of Common Stock for Operating Expenses 8/21/2023 9,250 $ 2.85 $ 26,363 Acorn Management Partners in connection with advisory services Non-Cash Issuance of Common Stock for Operating Expenses 8/28/2023 8,741 $ 2.89 $ 25,261 Elizabeth Brown in connection with her termination of employment Non-Cash Issuance of Common Stock for Operating Expenses 8/28/2023 50,000 $ 3.11 $ 155,500 Subtotal 113,824 $ 334,081 For the three months ended June 30, 2023 Description P/L Account Date Shares Price Value Issuance of shares for deferred compensation Accrued Liabilities 5/24/2023 86,518 $ 2.97 $ 256,958 Issuance of shares for deferred compensation Accrued Liabilities 5/17/2023 73,518 $ 2.86 $ 210,259 Subtotal 160,036 $ 467,217 Acorn Management Partners in connection with advisory services Non-Cash Issuance of Common Stock for Operating Expenses 6/1/2023 15,040 $ 3.42 $ 51,437 In connection with certain property finders' fee arrangements Non-Cash Issuance of Common Stock for Operating Expenses 5/17/2023 65,573 $ 3.05 $ 199,998 Issuance of shares for consulting agreement Non-Cash Issuance of Common Stock for Operating Expenses 5/3/2023 195,912 $ 2.72 $ 532,880 Subtotal 276,525 $ 784,314 For the three months ended March 31, 2023 Description P/L Account Date Shares Price Value Non-employee Board members pursuant to related comp. policy Non-Cash Stock Compensation Expense 3/1/2023 166,665 $ 2.58 $ 429,996 In connection with certain property finders' fee arrangements Non-Cash Issuance of Common Stock for Operating Expenses 3/17/2023 136,887 $ 2.45 $ 335,373 In connection with a consulting agreement Non-Cash Issuance of Common Stock for Operating Expenses 2/10/2023 196,994 $ 1.85 $ 364,439 In connection with a marketing agreement Non-Cash Issuance of Common Stock for Operating Expenses 2/10/2023 100,000 $ 1.85 $ 185,000 Subtotal 433,881 $ 884,812 Total for nine months ended September 30, 2023 1,242,456 $ 3,161,267 For the three months and nine months ended September 30, 2022 Description P/L Account Date Shares Price Value Non-employee Board members pursuant to related comp. policy Non-Cash Stock Compensation Expense 8/16/2022 54,000 $ 3.37 $ 181,980 Total for nine months ended September 30, 2022 54,000 $ 181,980

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	9 Months Ended
	Sep. 30, 2023
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	20 - SUBSEQUENT EVENTS Preferred Pricing On October 24, 2023, the Company entered into an underwriting agreement (the “Underwriting Agreement”) with Alexander Capital L.P., as representative of the several underwriters named therein (the “Underwriters”), relating to the offer and sale of 280,000 The offering of Series A Preferred Stock was made pursuant to the Company’s shelf registration statement on Form S-3 (File No. 333-274308) (the “Registration Statement”), which became effective on September 13, 2023, as supplemented by the Prospectus Supplement dated October 24, 2023 relating to the Series A Preferred Stock, filed with the Securities and Exchange Commission pursuant to Rule 424(b) of the Securities Act on October 26, 2023. On October 26, 2023, the Company filed a Certificate of Designations (the “Certificate of Designations”) with the Secretary of State of the State of Delaware to designate 322,000 0.00001 25.00 Warrant Issuance On August 31, 2023, in connection with the execution of the August 31, 2023 Letter Agreement between the Company and Greenle, and as consideration for Greenle’s execution of such Agreement, the Company agreed to issue (i) Greenle Alpha a warrant to purchase 1,610,000 4.00 390,000 4.00 5.00 8,000,000 On November 6, 2023, in connection with the execution of the Registration Rights Amendment and Warrant Letter Agreement and as consideration for Greenle’s execution of the such Agreement, the Company agreed to issue (i) Greenle Alpha a warrant to purchase 1,610,000 4.00 390,000 4.00 5.00 8,000,000 The foregoing descriptions of the material terms of the August 31, 2023 Letter Agreement and the Registration Rights Amendment and Warrant Letter Agreement are qualified in their entirety by reference to the full text of the agreements, copies of which are attached hereto as Exhibits 10.5 and 10.6, respectively.

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	9 Months Ended
	Sep. 30, 2023
Accounting Policies [Abstract]
Basis of Presentation	a. Basis of Presentation -
Revenue Recognition	b. Revenue Recognition - The Company accounts for revenue in accordance with Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic 606 which was adopted at the beginning of fiscal year 2018 using the modified retrospective method. The Company did not recognize any cumulative-effect adjustment to retained earnings upon adoption as the effect was immaterial. Payment received for the future use of a rental unit is recognized as a liability and reported as rents received in advance on the balance sheets. Rents received in advance are recognized as revenue after the rental unit is occupied by the customer for the agreed upon length of time. The rents received in advance balance as of September 30, 2023 and December 31, 2022, was $ 3,549,450 2,566,504
Use of Estimates	c. Use of Estimates -
Cash and Cash Equivalents	d. Cash and Cash Equivalents - 4,798,580 1,076,402
Fair Value of Financial Instruments	e. Fair Value of Financial Instruments -
Commissions	f. Commissions - 2,020,080 6,576,221 2,148,000 4,838,000
Income Taxes	g. Income Taxes - Accounting for Uncertainty in Income Taxes, The Company is subject to income taxes in the jurisdictions in which it operates. The Company accounts for income taxes under the asset and liability method, whereby deferred tax assets and liabilities are recognized based on the future tax consequences attributable to temporary differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases, and attributable to operating loss and tax credit carry-forwards. A valuation allowance is recorded for deferred tax assets if it is more likely than not that the deferred tax assets will not be realized. For the three and nine months ended September 30, 2023, the Company recorded a tax provision of a benefit of $ 1,999,498 15,702 750,000 0
Sales Tax	h. Sales Tax - 820,610 229,371
Paycheck Protection Program Loan (“PPP”)	i. Paycheck Protection Program Loan (“PPP”) -
Earnings Per Share (“EPS”)	j. Earnings Per Share (“EPS”) - 870,923
Liquidity	k. Liquidity - 4,934,800 24,620,395 30,227,289 6,567,469

LEASES (Tables)

LEASES (Tables)	9 Months Ended
	Sep. 30, 2023
Leases
Schedule of supplemental balance sheet information related to leases	Schedule of supplemental balance sheet information related to leases September 30, December 31, Operating lease right of use assets, net $ 230,432,166 $ 83,325,075 Operating lease liabilities, current portion $ 6,434,704 $ 4,293,085 Operating lease liabilities, net of current portion $ 232,801,915 $ 81,626,338
Schedule of future minimum lease payments under the non-cancelable operating leases	Schedule of future minimum lease payments under the non-cancelable operating leases Twelve Months Ending September 30, 2024 $ 34,125,923 2025 35,217,282 2026 36,216,351 2027 33,228,390 2028 33,419,423 Thereafter 347,749,070 Total lease payment $ 519,956,439 Less interest (280,719,820 ) Present value obligation 239,236,619 Short-term liability 6,434,704 Long-term liability $ 232,801,915
Schedule of other supplemental information related to operating lease	Schedule of other supplemental information related to operating lease September 30, Weighted average discount rate 11.7 % Weighted average remaining lease term (years) 13.2 Three Months Ended September 30, 2023 Nine Months Ended Operating lease cost $ 9,942,873 $ 23,695,139 Short-term lease cost $ (187,427 ) $ 561,229 Total lease cost $ 9,755,446 $ 24,256,368

LOANS PAYABLE _ SBA _ PPP LOAN

LOANS PAYABLE – SBA – PPP LOAN (Tables)	9 Months Ended
	Sep. 30, 2023
Loans Payable Sba Ppp Loan
Schedule of future minimum principal repayments of the SBA, PPP loans payable	Schedule of future minimum principal repayments of the SBA, PPP loans payable For the Twelve Months Ending September 30, 2024 $ 276,658

LOANS PAYABLE _ SBA _ EIDL LO_2

LOANS PAYABLE – SBA – EIDL LOAN (Tables)	9 Months Ended
	Sep. 30, 2023
Loans Payable Sba Eidl Loan
Schedule of future minimum principal repayments of the SBA,EIDL loans payable	Schedule of future minimum principal repayments of the SBA,EIDL loans payable For the Twelve Months Ending September 30, 2024 $ 17,160 2025 15,248 2026 15,830 2027 16,434 2028 17,061 Thereafter 708,814 Total $ 790,547

LOANS PAYABLE (Tables)

LOANS PAYABLE (Tables)	9 Months Ended
	Sep. 30, 2023
Loans Payable
Schedule of loans payable	Schedule of loans payable September 30, December 31, 2022 Original borrowings of $ 250,000 1% no - 210,500 Original payable of $ 151,096 252,954 1,500 404,050 356,012 392,044 Original payable of $ 553,175 72,237 25,000 625,412 400,000 450,000 Original payable of $ 492,180 620,804 25,000 1,112,984 865,618 865,618 Borrowings of $ 9,075,000 638,388 5% no - 8,275,040 Original borrowings of $ 60,000 1% no 60,000 60,000 Original amounts due of $ 195,000 10,000 25,000 20,000 65,000 Original borrowing of $ 119,224 14,903 - 119,224 Other borrowing 36,768 225,929 Less: Current maturities 1,196,916 7,261,723 $ 541,482 $ 3,401,632
Schedule of future minimum principal repayments of the loans payable	Schedule of future minimum principal repayments of the loans payable For the Twelve Months Ending September 30, 2024 $ 1,196,916 2025 541,482 Loans payable $ 1,738,398

LOANS PAYABLE _ RELATED PARTI_2

LOANS PAYABLE – RELATED PARTIES (Tables)	9 Months Ended
	Sep. 30, 2023
Loans Payable Related Parties
Schedule of loans payable, related parties	Schedule of loans payable, related parties September 30, December 31, Original borrowings of $ 496,500 6% $ - $ 238,000 Less - 238,000 $ - $ -

STOCK OPTIONS AND WARRANTS (Tab

STOCK OPTIONS AND WARRANTS (Tables)	9 Months Ended
	Sep. 30, 2023
Equity [Abstract]
Schedule of stock options and warrants assumptions	Schedule of stock options and warrants assumptions September 30, Risk-free interest rate 0.52 4.70% Expected option life 6 48 Expected volatility 39.77 62.43% Expected dividend yield - Exercise price $ 1.40 4.00
Schedule of stock option activity	Schedule of stock option activity Number of Weighted Weighted Aggregate Outstanding at December 31, 2022 1,910,484 $ 2.55 9.8 $ - Granted 25,000 1.74 Exercised Expired Forfeited (285,721 ) 2.03 Outstanding at September 30, 2023 1,649,763 $ 2.63 9.1 $ 3,347,983 Exercisable at September 30, 2023 458,254 $ 2.87 9.0 $ 819,994
Schedule of status of non vested options	Schedule of status of non vested options Number of Weighted Nonvested options at December 31, 2022 1,910,484 $ 2.55 Granted 25,000 1.74 Forfeited (285,721 ) 2.03 Vested (458,254 ) 2.87 Nonvested options at September 30, 2023 1,191,509 2.54
Schedule of warrant activity	Schedule of warrant activity Number of Weighted Weighted Aggregate Outstanding at December 31, 2022 3,018,250 $ 2.64 4.8 $ - Issued 1,500,000 2.75 Exercised (3,416,250 ) 2.24 - Expired - - - Outstanding at September 30, 2023 1,102,000 $ 4.02 4.1 $ 710,520 Exercisable at September 30, 2023 1,102,000 $ 4.02 4.1 $ 710,520

EQUITY TRANSACTIONS (Tables)

EQUITY TRANSACTIONS (Tables)	9 Months Ended
	Sep. 30, 2023
Equity Transactions
Schedule of equity transactions	Schedule of equity transactions Description P/L Account Date Shares Price Value Non-employee Board members pursuant to related comp. policy Non-Cash Stock Compensation Expense 8/16/2023 91,525 $ 2.85 $ 260,846 In connection with certain property finders' fee arrangements Non-Cash Issuance of Common Stock for Operating Expenses 8/21/2023 45,833 $ 2.77 $ 126,957 Advisory and legal services Non-Cash Issuance of Common Stock for Operating Expenses 8/21/2023 9,250 $ 2.85 $ 26,363 Acorn Management Partners in connection with advisory services Non-Cash Issuance of Common Stock for Operating Expenses 8/28/2023 8,741 $ 2.89 $ 25,261 Elizabeth Brown in connection with her termination of employment Non-Cash Issuance of Common Stock for Operating Expenses 8/28/2023 50,000 $ 3.11 $ 155,500 Subtotal 113,824 $ 334,081 For the three months ended June 30, 2023 Description P/L Account Date Shares Price Value Issuance of shares for deferred compensation Accrued Liabilities 5/24/2023 86,518 $ 2.97 $ 256,958 Issuance of shares for deferred compensation Accrued Liabilities 5/17/2023 73,518 $ 2.86 $ 210,259 Subtotal 160,036 $ 467,217 Acorn Management Partners in connection with advisory services Non-Cash Issuance of Common Stock for Operating Expenses 6/1/2023 15,040 $ 3.42 $ 51,437 In connection with certain property finders' fee arrangements Non-Cash Issuance of Common Stock for Operating Expenses 5/17/2023 65,573 $ 3.05 $ 199,998 Issuance of shares for consulting agreement Non-Cash Issuance of Common Stock for Operating Expenses 5/3/2023 195,912 $ 2.72 $ 532,880 Subtotal 276,525 $ 784,314 For the three months ended March 31, 2023 Description P/L Account Date Shares Price Value Non-employee Board members pursuant to related comp. policy Non-Cash Stock Compensation Expense 3/1/2023 166,665 $ 2.58 $ 429,996 In connection with certain property finders' fee arrangements Non-Cash Issuance of Common Stock for Operating Expenses 3/17/2023 136,887 $ 2.45 $ 335,373 In connection with a consulting agreement Non-Cash Issuance of Common Stock for Operating Expenses 2/10/2023 196,994 $ 1.85 $ 364,439 In connection with a marketing agreement Non-Cash Issuance of Common Stock for Operating Expenses 2/10/2023 100,000 $ 1.85 $ 185,000 Subtotal 433,881 $ 884,812 Total for nine months ended September 30, 2023 1,242,456 $ 3,161,267 For the three months and nine months ended September 30, 2022 Description P/L Account Date Shares Price Value Non-employee Board members pursuant to related comp. policy Non-Cash Stock Compensation Expense 8/16/2022 54,000 $ 3.37 $ 181,980 Total for nine months ended September 30, 2022 54,000 $ 181,980

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022
Accounting Policies [Abstract]
Rents received in advance	$ 3,549,450		$ 3,549,450		$ 2,566,504
Cash and Cash Equivalents	4,798,580		4,798,580		1,076,402
Pays commissions to third-party	2,020,080	$ 2,148,000	6,576,221	$ 4,838,000
Provision for income taxes	1,999,498	750,000	15,702	0
Accrued sales tax payable	$ 820,610		820,610		$ 229,371
Antidilutive shares	870,923
Net income (loss)	$ 4,934,800		24,620,395
Non-cash financing charges		$ 4,072,078	30,227,289	$ 4,072,078
Working capital	$ 6,567,469		$ 6,567,469

LEASES (Details)

LEASES (Details) - USD ($)	Sep. 30, 2023	Dec. 31, 2022	Jan. 02, 2022
Leases
Operating lease right of use assets, net	$ 230,432,166	$ 83,325,075	$ 36,304,289
Operating lease liabilities, current portion	6,434,704	4,293,085	7,370,890
Operating lease liabilities, net of current portion	$ 232,801,915	$ 81,626,338	$ 29,884,584

LEASES (Details 1)

LEASES (Details 1) - USD ($)	Sep. 30, 2023	Dec. 31, 2022	Jan. 02, 2022
Leases
2024	$ 34,125,923
2025	35,217,282
2026	36,216,351
2027	33,228,390
2028	33,419,423
Thereafter	347,749,070
Total lease payment	519,956,439
Less interest	(280,719,820)
Present value obligation	239,236,619
Short-term liability	6,434,704	$ 4,293,085	$ 7,370,890
Long-term liability	$ 232,801,915	$ 81,626,338	$ 29,884,584

LEASES (Details 2)

LEASES (Details 2)	3 Months Ended	9 Months Ended
	Sep. 30, 2023 USD ($)	Sep. 30, 2023 USD ($)
Leases
Weighted average discount rate	11.70%	11.70%
Weighted average remaining lease term (years)	13 years 2 months 12 days	13 years 2 months 12 days
Operating lease cost	$ 9,942,873	$ 23,695,139
Short-term lease cost	(187,427)	561,229
Total lease cost	$ 9,755,446	$ 24,256,368

LEASES (Details Narrative)

LEASES (Details Narrative) - USD ($)	Jan. 02, 2022	Sep. 30, 2023	Dec. 31, 2022
Leases
Operating lease right-of-use asset, net	$ 36,304,289	$ 230,432,166	$ 83,325,075
Operating Lease Liabilities - Current	7,370,890	6,434,704	4,293,085
Operating Lease Liabilities - Noncurrent	29,884,584	$ 232,801,915	$ 81,626,338
Cumulative effect adjustment of unamortized deferred lease costs incurred to retained earnings	$ 414,373

ACCOUNTS PAYABLE AND ACCRUED _2

ACCOUNTS PAYABLE AND ACCRUED LIABILITIES (Details Narrative) - USD ($)	9 Months Ended
	Sep. 30, 2023	Dec. 31, 2022
Payables and Accruals [Abstract]
Accounts payable and accrued expenses	$ 7,677,799	$ 6,252,492
Accrued payroll and related liabilities	621,576	1,570,000
Legal exposure	1,414,000	805,000
Tax exposure	1,145,730
Rent	748,500	104,000
Leasehold improvement expenses	456,000
Credit cards payable	105,000	507,000
Professional fee	739,000	495,000
Utilities	1,423,000
Repairs and maintenance	189,000
Security	119,000
Cleaning expense	412,000
Payables paid by related parties	276,000
Other miscellaneous items	29,000	158,000
Accrued interest		1,002,000
Commissions		572,000
Sales and real estate taxes		371,000
Costs related to the initial public offering		268,000
Legal and accounting fees		265,000
Director fees		135,000
Accrued income taxes	$ 15,702	$ 0
Accounts payable description	Of the legal amounts accrued, the company believes the accrual best estimates the most likely outcomes of these matters however the range of outcomes could be between $1,250,000–$1,750,000.

LOANS PAYABLE - SBA - PPP LOAN

LOANS PAYABLE - SBA - PPP LOAN (Details)	Sep. 30, 2023 USD ($)
Loans Payable Sba Ppp Loan
2024	$ 276,658

LOANS PAYABLE _ SBA _ PPP LOA_2

LOANS PAYABLE – SBA – PPP LOAN (Details Narrative) - USD ($)	1 Months Ended
	May 31, 2020	Sep. 30, 2023	Feb. 17, 2023	Jan. 30, 2023	Dec. 31, 2022	Dec. 20, 2022	Apr. 30, 2020	Mar. 27, 2020
Short-Term Debt [Line Items]
Original amount of loans payable			$ 2,079,686	$ 1,250,000		$ 3,000,000
PPP Loan [Member]
Short-Term Debt [Line Items]
Original amount of loans payable								$ 10,000,000
Monthly payment of loans payable	$ 15,932
Interest rate of loans payable	1%
Accrued interest		$ 747			$ 5,571
PPP Loan [Member] | SoBeNY [Member]
Short-Term Debt [Line Items]
Original amount of loans payable							$ 516,225
PPP Loan [Member] | Corphousing [Member]
Short-Term Debt [Line Items]
Original amount of loans payable	$ 298,958

LOANS PAYABLE - SBA - EIDL LOAN

LOANS PAYABLE - SBA - EIDL LOAN (Details)	Sep. 30, 2023 USD ($)
Loans Payable Sba Eidl Loan
2024	$ 17,160
2025	15,248
2026	15,830
2027	16,434
2028	17,061
Thereafter	708,814
Total	$ 790,547

LOANS PAYABLE _ SBA _ EIDL LO_3

LOANS PAYABLE – SBA – EIDL LOAN (Details Narrative)

1 Months Ended

12 Months Ended

Jul. 25, 2022 USD ($)

Jun. 18, 2022 USD ($)

Apr. 21, 2022 USD ($)

Dec. 31, 2020 USD ($) Item

Sep. 30, 2023 USD ($)

Feb. 17, 2023 USD ($)

Jan. 30, 2023 USD ($)

Dec. 31, 2022 USD ($)

Dec. 20, 2022 USD ($)

Jul. 25, 2020 USD ($)

Jun. 18, 2020 USD ($)

Apr. 21, 2020 USD ($)

Short-Term Debt [Line Items]

Original amount of loans payable

$ 2,079,686

$ 1,250,000

$ 3,000,000

EIDL [Member]

Short-Term Debt [Line Items]

Number of loans | Item

3

Loan payable term

30 years

Interest rate of loans payable

3.75%

Prepayment penalty

$ 0

Loans payable - SBA - EIDL Loan

$ 790,547

$ 800,000

Accrued interest

$ 27,644

EIDL [Member] | SoBeNY [Member]

Short-Term Debt [Line Items]

Interest rate of loans payable

3.75%

3.75%

Original amount of loans payable

$ 150,000

$ 500,000

Monthly payments of principal and interest

$ 731

$ 2,437

EIDL [Member] | Corphousing [Member]

Short-Term Debt [Line Items]

Interest rate of loans payable

3.75%

Original amount of loans payable

$ 150,000

Monthly payments of principal and interest

$ 731

SHORT-TERM BUSINESS FINANCING (

SHORT-TERM BUSINESS FINANCING (Details Narrative) - USD ($)	Sep. 30, 2023	Dec. 31, 2022
Short-term Business Financing
Merchant cash advances net of unamortized fees	$ 2,312,198	$ 2,003,015

LOANS PAYABLE (Details)

LOANS PAYABLE (Details) - USD ($)	9 Months Ended	12 Months Ended
	Sep. 30, 2023	Dec. 31, 2022	Feb. 17, 2023	Jan. 30, 2023	Dec. 20, 2022
Short-Term Debt [Line Items]
Original amount of loans payable			$ 2,079,686	$ 1,250,000	$ 3,000,000
Loans payable	$ 1,738,398
Other borrowing	36,768	$ 225,929
Less: Current maturities	1,196,916	7,261,723
Loans payable non current	541,482	3,401,632
Original borrowings of $250,000, bears interest at 1%, requires no payments until maturity in January 2024 [Member]
Short-Term Debt [Line Items]
Original amount of loans payable	$ 250,000	$ 250,000
Interest rate of loans payable	1%	1%
Additional borrowings	$ 0	$ 0
Loans payable		210,500
Original payable of $151,096 with additional net borrowings of $89,154, requires monthly payments of $1,500 until total payments of $240,250 have been made [Member]
Short-Term Debt [Line Items]
Original amount of loans payable	151,096	151,096
Additional borrowings	252,954	252,954
Loans payable	356,012	392,044
Monthly payment of loans payable	1,500	1,500
Total payments made	404,050	404,050
Original payable of $553,175 with additional net borrowings of $125,412, requires monthly payments of $25,000 until total payments of $678,587 have been made [Member]
Short-Term Debt [Line Items]
Original amount of loans payable	553,175	553,175
Additional borrowings	72,237	72,237
Loans payable	400,000	450,000
Monthly payment of loans payable	25,000	25,000
Total payments made	625,412	625,412
Original payable of $492,180, requires monthly payments of $25,000 until total payments of $492,180 have been made [Member]
Short-Term Debt [Line Items]
Original amount of loans payable	492,180	492,180
Additional borrowings	620,804	620,804
Loans payable	865,618	865,618
Monthly payment of loans payable	25,000	25,000
Total payments made	1,112,984	1,112,984
Original borrowings of $4,580,000 and unamortized original issue discount of $453,750, bears interest at 5%, requires no payments until maturity in May 2023 [Member]
Short-Term Debt [Line Items]
Original amount of loans payable	$ 9,075,000	$ 9,075,000
Interest rate of loans payable	5%	5%
Additional borrowings	$ 0	$ 0
Loans payable		8,275,040
Debt Instrument, unamortized discount	638,388	638,388
Original borrowings of $60,000, bears interest at 1%, requires no payments until maturity in January 2024 [Member]
Short-Term Debt [Line Items]
Original amount of loans payable	$ 60,000	$ 60,000
Interest rate of loans payable	1%	1%
Additional borrowings	$ 0	$ 0
Loans payable	60,000	60,000
Original amounts due of $195,000, related to services provided by a vendor, requires monthly payments of $10,000 through May 2022, then monthly payments of $25,000 through August 2022 at which time any remaining balance is due [Member]
Short-Term Debt [Line Items]
Original amount of loans payable	195,000	195,000
Additional borrowings	10,000	10,000
Loans payable	20,000	65,000
Monthly payment of loans payable	25,000	25,000
Original borrowing of $119,224 with monthly payments $14,903 [Member]
Short-Term Debt [Line Items]
Original amount of loans payable	119,224	119,224
Loans payable		119,224
Monthly payment of loans payable	$ 14,903	$ 14,903

LOANS PAYABLE (Details 1)

LOANS PAYABLE (Details 1)	Sep. 30, 2023 USD ($)
Loans Payable
2024	$ 1,196,916
2025	541,482
Loans payable	$ 1,738,398

LOANS PAYABLE - RELATED PARTIES

LOANS PAYABLE - RELATED PARTIES (Details) - USD ($)	Sep. 30, 2023	Feb. 17, 2023	Jan. 30, 2023	Dec. 31, 2022	Dec. 20, 2022
Short-Term Debt [Line Items]
Original amount of loans payable		$ 2,079,686	$ 1,250,000		$ 3,000,000
Less: Current maturities				$ 238,000
Loans payable - related parties, non current
Original borrowings of $496,500, bears interest at 6%. Lender is a stockholder of the Company [Member] | Lender, Stockholder of the Company [Member]
Short-Term Debt [Line Items]
Original amount of loans payable	$ 496,500			$ 496,500
Interest rate of loans payable	6%			6%
Loans payable - related parties				$ 238,000

LOANS PAYABLE _ RELATED PARTI_3

LOANS PAYABLE – RELATED PARTIES (Details Narrative)	1 Months Ended
	May 31, 2023 USD ($)
Common Stock [Member]
Shares issued for repayment of debt	$ 58,088

CONVERTIBLE NOTES (Details Narr

CONVERTIBLE NOTES (Details Narrative) - USD ($)	1 Months Ended		9 Months Ended
	Mar. 31, 2023	Feb. 17, 2023	Sep. 30, 2023	Sep. 30, 2022	Jan. 30, 2023	Dec. 20, 2022
Convertible Notes
Aggregate principal amount		$ 2,079,686			$ 1,250,000	$ 3,000,000
Maturity date		Aug. 17, 2023
Loss on extinguishment of debt		$ 58,579	$ (58,579)
Repayment of convertible debt	$ 808,000
Outstanding notes amount			$ 0

LINE OF CREDIT (Details Narrati

LINE OF CREDIT (Details Narrative) - USD ($)	9 Months Ended
	Sep. 30, 2023	Dec. 31, 2022	Feb. 28, 2019
Line of Credit Facility [Line Items]
Line of credit outstanding balance	$ 94,975	$ 94,975
Line of Credit [Member]
Line of Credit Facility [Line Items]
Amount borrowed under convertible credit line			$ 95,000
Interest rate, variable	3.49%
Line of Credit [Member] | Prime Rate [Member]
Line of Credit Facility [Line Items]
Interest rate, stated	8.25%

SECURITY DEPOSIT LETTER OF CR_2

SECURITY DEPOSIT LETTER OF CREDIT (Details Narrative) - USD ($)	Sep. 30, 2023	Jan. 31, 2023	Dec. 31, 2022	Nov. 30, 2022
Line of Credit Facility [Line Items]
Security deposit letter of credit	$ 3,500,000		$ 2,500,000
Letter of Credit [Member]
Line of Credit Facility [Line Items]
Security deposit letter of credit		$ 1,000,000		$ 2,500,000

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details Narrative) - USD ($)	1 Months Ended		3 Months Ended		9 Months Ended
	Feb. 28, 2023	Dec. 20, 2022	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Feb. 17, 2023	Jan. 30, 2023
Related Party Transaction [Line Items]
Aggregate principal amount		$ 3,000,000					$ 2,079,686	$ 1,250,000
Conversion of common stock shares		1,000,000
Conversion price		$ 3
Debt amount converted	$ 3,000,000
Provided Conversion Shares	874,474
General and Administrative Expense [Member] | Consulting Services [Member] | SuperLuxMia LLC, By A Firm By Stockholder [Member]
Related Party Transaction [Line Items]
Transaction amount with related parties			$ 0	$ 0	$ 0	$ 192,000

RISKS AND UNCERTAINTIES (Detail

RISKS AND UNCERTAINTIES (Details Narrative)	Sep. 30, 2023 USD ($)
Revenue Benchmark [Member] | Customer Concentration Risk [Member] | Three Sales Channels [Member]
Concentration Risk [Line Items]
FDIC insured amount	$ 250,000

MAJOR SALES CHANNELS (Details N

MAJOR SALES CHANNELS (Details Narrative)	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Revenue Benchmark [Member] | Customer Concentration Risk [Member] | Three Sales Channels [Member]
Product Information [Line Items]
Total rental revenue, percentage	90%	90%	90%	90%

STOCK OPTIONS AND WARRANTS (Det

STOCK OPTIONS AND WARRANTS (Details)	9 Months Ended
	Sep. 30, 2023 $ / shares
Risk-free interest rate, minimum	0.52%
Risk-free interest rate, maximum	4.70%
Expected volatility, minimum	39.77%
Expected volatility, maximum	62.43%
Expected dividend yield	(0.00%)
Minimum [Member]
Expected option life	6 months
Exercise price	$ 1.40
Maximum [Member]
Expected option life	48 months
Exercise price	$ 4

STOCK OPTIONS AND WARRANTS (D_2

STOCK OPTIONS AND WARRANTS (Details 1)	9 Months Ended
	Sep. 30, 2023 USD ($) $ / shares shares
Equity [Abstract]
Outstanding at the beginning (in shares) | shares	1,910,484
Outstanding at the beginning (in dollars per shares) | $ / shares	$ 2.55
Weighted Average Remaining Contractual Life (years)	9 years 9 months 18 days
Aggregate intrinsic value, outstanding at the beginning | $
Granted (in shares) | shares	25,000
Granted (in dollars per shares) | $ / shares	$ 1.74
Forfeited (in shares) | shares	(285,721)
Forfeited (in dollars per shares) | $ / shares	$ 2.03
Outstanding at the end (in shares) | shares	1,649,763
Outstanding at the end (in dollars per shares) | $ / shares	$ 2.63
Weighted Average Remaining Contractual Life (years)	9 years 1 month 6 days
Aggregate intrinsic value, outstanding at the end | $	$ 3,347,983
Number of share exercisable | shares	458,254
Weighted Average Exercise Price exercisable | $ / shares	$ 2.87
Weighted Average Remaining Contractual Life (years)	9 years
Aggregate Intrinsic Value exercisable | $	$ 819,994

STOCK OPTIONS AND WARRANTS (D_3

STOCK OPTIONS AND WARRANTS (Details 2)	9 Months Ended
	Sep. 30, 2023 $ / shares shares
Equity [Abstract]
Nonvested options at the beginning | shares	1,910,484
Nonvested options at the beginning (in dollars per share) | $ / shares	$ 2.55
Granted | shares	25,000
Granted (in dollars per share) | $ / shares	$ 1.74
Forfeited | shares	(285,721)
Forfeited (in dollars per share) | $ / shares	$ 2.03
Vested | shares	(458,254)
Vested (in dollars per share) | $ / shares	$ 2.87
Nonvested options at the end | shares	1,191,509
Nonvested options at the end (in dollars per share) | $ / shares	$ 2.54

STOCK OPTIONS AND WARRANTS (D_4

STOCK OPTIONS AND WARRANTS (Details 3)	9 Months Ended
	Sep. 30, 2023 USD ($) $ / shares shares
Equity [Abstract]
Outstanding at the beginning | shares	3,018,250
Outstanding at the beginning (in dollars per share) | $ / shares	$ 2.64
Outstanding at the beginning (in years)	4 years 9 months 18 days
Aggregate Intrinsic Value at the beginning | $
Issued | shares	1,500,000
Issued (in dollars per share) | $ / shares	$ 2.75
Exercised | shares	(3,416,250)
Exercised (in dollars per share) | $ / shares	$ 2.24
Expired | shares
Expired (in dollars per share) | $ / shares
Outstanding at the end | shares	1,102,000
Outstanding at the end (in dollars per share) | $ / shares	$ 4.02
Outstanding at the end (in years)	4 years 1 month 6 days
Aggregate Intrinsic Value at the end | $	$ 710,520
Exercisable | shares	1,102,000
Exercisable (in dollars per share) | $ / shares	$ 4.02
Exercisable (in years)	4 years 1 month 6 days
Aggregate intrinsic value exercisable | $	$ 710,520

STOCK OPTIONS AND WARRANTS (D_5

STOCK OPTIONS AND WARRANTS (Details Narrative) - USD ($)		1 Months Ended					3 Months Ended		9 Months Ended
	Aug. 11, 2022	Apr. 16, 2023	Feb. 15, 2023	Oct. 20, 2022	Sep. 30, 2022	Sep. 16, 2022	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022
Subsidiary, Sale of Stock [Line Items]
Number of aggregate shares granted									25,000
Weighted average exercise price									$ 1.74
Stock option expense							$ 146,707	$ 206,545	$ 519,094	$ 206,545
Unamortized option expense							$ 1,230,597		$ 1,230,597
Unamortized option expense expected to be recognized over a weighted average period									1 year 9 months 18 days
Issued									1,500,000
Weighted average exercise price							$ 4.02		$ 4.02		$ 2.64
Transaction losses		$ 259,074
Warrant exercised									3,416,250
Letter Agreement [Member]
Subsidiary, Sale of Stock [Line Items]
Warrants description		in conjunction with an agreement with certain lenders, we issued 1,000,000 warrants with an exercise price of $3.00 per share and 250,000 warrants with an exercise price of $4.00 per share. Under this agreement, these lenders would be forced to convert under trigger prices ranging between $3.00 per share - $4.00 per share. On June 19, 2023, we modified this agreement to convert all of related outstanding debt within two trading days in exchange for a reduction in the exercise price of these warrants from $3.00 or $4.00 per share to $2.50 per share.
Officers and directors [Member] | IPO [Member]
Subsidiary, Sale of Stock [Line Items]
Issued	695,000
Weighted average exercise price	$ 4.20
Warrants exercisable term	5 years
Underwriter [Member]
Subsidiary, Sale of Stock [Line Items]
Issued	135,000
Weighted average exercise price	$ 4.40
Warrants exercisable term	5 years
Third-party Investor [Member]
Subsidiary, Sale of Stock [Line Items]
Issued	920,000			366,562	352,188	517,500
Weighted average exercise price	$ 4			$ 4	$ 4	$ 4		$ 4		$ 4
Warrants exercisable term	5 years
Maxim [Member] | Private Placement [Member]
Subsidiary, Sale of Stock [Line Items]
Issued	32,000
Weighted average exercise price	$ 4.40
Warrants exercisable term	5 years
Advisory [Member]
Subsidiary, Sale of Stock [Line Items]
Issued			250,000
Weighted average exercise price			$ 4

Revenue Share Exchange (Details

Revenue Share Exchange (Details Narrative) - USD ($)	3 Months Ended
	Sep. 30, 2023	Nov. 08, 2023	Sep. 11, 2023	May 31, 2023	Feb. 28, 2023	Dec. 31, 2022
Defined Benefit Plan Disclosure [Line Items]
Interest Expenses	$ 28,174,148
Common stock shares issued	36,816,190		36,179			27,691,918
Common stock shares outstanding	36,816,190					27,691,918
Share Exchange Agreement [Member]
Defined Benefit Plan Disclosure [Line Items]
Shares committed but not yet issued				44,804,690
Revenue Share Agreement [Member]
Defined Benefit Plan Disclosure [Line Items]
Shares committed but not yet issued				6,740,000	1,228,500
Subsequent Event [Member]
Defined Benefit Plan Disclosure [Line Items]
Common stock shares outstanding		36,836,190
Greenle Beta [Member]
Defined Benefit Plan Disclosure [Line Items]
Common stock shares issued			578,071
Greenle Alpha [Member]
Defined Benefit Plan Disclosure [Line Items]
Common stock shares issued			578,071

WYNDHAM AGREEMENTS (Details Nar

WYNDHAM AGREEMENTS (Details Narrative) - USD ($)		9 Months Ended
	Aug. 02, 2023	Sep. 30, 2023	Dec. 31, 2022
Development incentive advances		$ 1,594,558
Development incentive advances, current		81,057
Development incentive advances, long term liabilities		1,513,501
Franchise fees		366,817
Prepaid assets current		18,341
Other assets		$ 348,476
Minimum [Member]
Agreements terms	15 years
Maximum [Member]
Agreements terms	20 years

EQUITY TRANSACTIONS (Details)

EQUITY TRANSACTIONS (Details) - USD ($)	3 Months Ended					9 Months Ended
	Sep. 30, 2023	Jun. 30, 2023	Mar. 31, 2023	Sep. 30, 2022	Mar. 31, 2022	Sep. 30, 2023	Sep. 30, 2022
Non-Cash Stock Compensation Expense			$ 429,996
Issuance of Shares for Operating Expenses	$ 334,081	$ 784,314	$ 884,812
Issuance of Shares for Deferred Compensation		$ 467,217
Total value of shares issued						$ 3,161,267	$ 181,980
Finders Fee Arrangements [Member]
Issuance of Shares for Operating Expenses, par share	$ 2.77	$ 3.05	$ 2.45			$ 2.77
Issuance of Shares for Operating Expenses	$ 126,957	$ 199,998	$ 335,373
Advisory And Legal Services [Member]
Issuance of Shares for Operating Expenses, par share	$ 2.85					2.85
Issuance of Shares for Operating Expenses	$ 26,363
Acorn Management [Member]
Issuance of Shares for Operating Expenses, par share	$ 2.89	$ 3.42				2.89
Issuance of Shares for Operating Expenses	$ 25,261	$ 51,437
Elizabeth Brown [Member]
Issuance of Shares for Operating Expenses, par share	$ 3.11					3.11
Issuance of Shares for Operating Expenses	$ 155,500
Deferred Compensation [Member]
Issuance of Shares for Deferred Compensation, par share		$ 2.97
Issuance of Shares for Deferred Compensation		$ 256,958
Deferred Compensation 1 [Member]
Issuance of Shares for Deferred Compensation, par share		$ 2.86
Issuance of Shares for Deferred Compensation		$ 210,259
Consulting Agreement [Member]
Issuance of Shares for Operating Expenses, par share		$ 2.72	$ 1.85
Issuance of Shares for Operating Expenses		$ 532,880	$ 364,439
Marketing Agreement [Member]
Issuance of Shares for Operating Expenses			$ 185,000
Non Employee Board Members [Member]
Non-Cash Stock Compensation Expense, par share	$ 2.85		$ 2.58	$ 3.37		$ 2.85	$ 3.37
Non-Cash Stock Compensation Expense	$ 260,846		$ 429,996	$ 181,980
Common Stock [Member]
Non-Cash Stock Compensation Expense, shares			166,665
Non-Cash Stock Compensation Expense			$ 2
Issuance of Shares for Operating Expenses, shares	113,824	276,525	433,881
Issuance of Shares for Deferred Compensation, shares		160,036
Total shares issued during the period					54,000	1,242,456
Common Stock [Member] | Finders Fee Arrangements [Member]
Issuance of Shares for Operating Expenses, shares	45,833	65,573	136,887
Common Stock [Member] | Advisory And Legal Services [Member]
Issuance of Shares for Operating Expenses, shares	9,250
Common Stock [Member] | Acorn Management [Member]
Issuance of Shares for Operating Expenses, shares	8,741	15,040
Common Stock [Member] | Elizabeth Brown [Member]
Issuance of Shares for Operating Expenses, shares	50,000
Common Stock [Member] | Deferred Compensation [Member]
Issuance of Shares for Deferred Compensation, shares		86,518
Common Stock [Member] | Deferred Compensation 1 [Member]
Issuance of Shares for Deferred Compensation, shares		73,518
Common Stock [Member] | Consulting Agreement [Member]
Issuance of Shares for Operating Expenses, shares		195,912	196,994
Common Stock [Member] | Marketing Agreement [Member]
Issuance of Shares for Operating Expenses, shares			100,000
Issuance of Shares for Operating Expenses, par share			$ 1.85
Common Stock [Member] | Non Employee Board Members [Member]
Non-Cash Stock Compensation Expense, shares	91,525		166,665	54,000

SUBSEQUENT EVENTS (Details Narr

SUBSEQUENT EVENTS (Details Narrative) - USD ($)		1 Months Ended
	Nov. 06, 2023	Oct. 24, 2023	Aug. 31, 2023	Oct. 26, 2023	Sep. 30, 2023	Dec. 31, 2022
Subsequent Event [Line Items]
Warrant exercise price					$ 4.02	$ 2.64
Trigger price			$ 5
Proceeds from issuance of warrants			$ 8,000,000
Greenle Alpha [Member]
Subsequent Event [Line Items]
Warrant to purchase			1,610,000
Warrant exercise price			$ 4
Greenle Beta [Member]
Subsequent Event [Line Items]
Warrant to purchase			390,000
Warrant exercise price			$ 4
Subsequent Event [Member]
Subsequent Event [Line Items]
Trigger price	$ 5
Proceeds from issuance of warrants	$ 8,000,000
Subsequent Event [Member] | Series A Preferred Stock [Member]
Subsequent Event [Line Items]
Preferred stock shares authorized				322,000
Preferred stock, par value				$ 0.00001
Liquidation preference				$ 25
Subsequent Event [Member] | Greenle Alpha [Member]
Subsequent Event [Line Items]
Warrant to purchase	1,610,000
Warrant exercise price	$ 4
Subsequent Event [Member] | Greenle Beta [Member]
Subsequent Event [Line Items]
Warrant to purchase	390,000
Warrant exercise price	$ 4
Subsequent Event [Member] | Underwriting Agreement [Member] | Alexander Capital L.P. [Member]
Subsequent Event [Line Items]
Offer and sales of shares		280,000