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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Oct. 31, 2022
Oct. 31, 2021
Oct. 31, 2022
Oct. 31, 2021
REVENUE        
TOTAL REVENUE $ 1,704,612 $ 1,693,934 $ 5,539,814 $ 4,763,123
OPERATING EXPENSES        
TOTAL OPERATING EXPENSES 1,834,828 1,798,162 5,523,895 5,111,499
OPERATING LOSS (130,216) (104,228) 15,919 (348,376)
Other Income 1,357 30,325 1,816 30,376
Interest Income 16,277 45,181 48,011 45,452
PPP Loan Forgiveness     967,141
TOTAL OTHER INCOME 17,634 75,506 49,827 1,042,969
Interest on Mortgage Notes Payable 129,795 113,465 345,450 218,095
Interest on Notes Payable - Related Party 17,099 56,562
Interest on Other Notes Payable 419 8,286 42,886 28,783
TOTAL INTEREST EXPENSE 130,214 138,850 388,336 303,440
CONSOLIDATED NET LOSS BEFORE EMPLOYEE RETENTION CREDIT (242,796) (167,572) (322,590) 391,153
Employee Retention Credit 350,791 1,052,373
CONSOLIDATED NET INCOME (LOSS) 107,995 (167,572) 729,783 391,153
LESS: NET INCOME ATTRIBUTABLE TO NON-CONTROLLING INTEREST 12,830 98,640 358,570 823,049
NET INCOME (LOSS) ATTRIBUTABLE TO CONTROLLING INTERESTS $ 95,165 $ (266,212) $ 371,213 $ (431,896)
NET INCOME (LOSS) PER SHARE – BASIC & DILUTED $ 0.01 $ (0.03) $ 0.04 $ (0.05)
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING - BASIC & DILUTED 9,109,276 9,109,276 9,139,522 9,116,639
Room [Member]        
REVENUE        
TOTAL REVENUE $ 1,673,246 $ 1,654,238 $ 5,423,745 $ 4,605,908
OPERATING EXPENSES        
TOTAL OPERATING EXPENSES 542,404 497,695 1,654,536 1,417,005
Food and Beverage [Member]        
REVENUE        
TOTAL REVENUE 9,953 14,643 37,892 43,474
OPERATING EXPENSES        
TOTAL OPERATING EXPENSES 43,070 56,165 149,204 150,830
Other [Member]        
REVENUE        
TOTAL REVENUE 21,413 25,053 78,177 113,741
OPERATING EXPENSES        
TOTAL OPERATING EXPENSES     20,501 7,414
Telecommunications [Member]        
OPERATING EXPENSES        
TOTAL OPERATING EXPENSES 314 125 314 250
Generaland Administrative [Member]        
OPERATING EXPENSES        
TOTAL OPERATING EXPENSES 511,343 529,532 1,634,219 1,522,524
Sales And Marketing [Member]        
OPERATING EXPENSES        
TOTAL OPERATING EXPENSES 114,302 103,851 361,407 289,175
Repairs And Maintenance [Member]        
OPERATING EXPENSES        
TOTAL OPERATING EXPENSES 98,254 98,688 290,409 292,653
Hospitality [Member]        
OPERATING EXPENSES        
TOTAL OPERATING EXPENSES 94,574 62,489 256,746 167,112
Utilities [Member]        
OPERATING EXPENSES        
TOTAL OPERATING EXPENSES 99,754 94,102 321,605 294,064
Depreciation [Member]        
OPERATING EXPENSES        
TOTAL OPERATING EXPENSES 185,515 214,252 529,951 577,544
Real Estateand Personal Property Taxes Insuranceand Ground Rent [Member]        
OPERATING EXPENSES        
TOTAL OPERATING EXPENSES $ 145,298 $ 141,263 $ 305,003 $ 392,928