Comstock Holding Companies Inc. (CHCI) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
1900 RESTON METRO PLAZA, 10TH FLOOR RESTON, VA 20190 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 65 - Real Estate (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 6/30/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 18,788 | 11,722 | 15,823 | 7,032 | 3,511 | 5,780 | |||
| Cash and cash equivalents | 18,788 | 11,722 | 15,823 | 7,032 | 3,511 | 5,780 | |||
| Receivables | 3,795 | 1,743 | 5,080 | 5,530 | 2,950 | ||||
| Prepaid expense | 60 | ||||||||
| Disposal group, including discontinued operation | 2,313 | ||||||||
| Other undisclosed current assets | 5,598 | 264 | 197 | 242 | 274 | ||||
| Total current assets: | 24,386 | 15,781 | 20,076 | 12,354 | 9,315 | 8,790 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 6,790 | 7,625 | 7,245 | 7,914 | 114 | ✕ | |||
| Inventory, real estate | 20,253 | ||||||||
| Property, plant and equipment | 478 | 421 | 264 | 266 | 278 | 221 | |||
| Intangible assets, net (including goodwill), including: | 144 | 144 | 36 | 103 | 170 | ||||
| Goodwill | 1,702 | 1,702 | 1,702 | ||||||
| Intangible assets, net (excluding goodwill) | 144 | 144 | 36 | 103 | 170 | ||||
| Other undisclosed intangible assets, net (including goodwill) | (1,702) | (1,702) | (1,702) | ||||||
| Deferred costs | 53 | ||||||||
| Deferred income tax assets | 10,885 | 11,355 | 11,300 | ✕ | |||||
| Other undisclosed noncurrent assets | 7,203 | 7,147 | 4,717 | 8,009 | 10,123 | ||||
| Total noncurrent assets: | 25,553 | 26,692 | 23,526 | 16,225 | 10,618 | 20,644 | |||
| Other undisclosed assets | 5,666 | ||||||||
| TOTAL ASSETS: | 49,939 | 42,473 | 43,602 | 28,579 | 19,933 | 35,100 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 838 | 742 | 783 | 1,487 | 1,604 | ||||
| Accounts payable | 523 | 1,438 | |||||||
| Accrued liabilities | 964 | 166 | |||||||
| Other undisclosed accounts payable and accrued liabilities | 838 | 742 | 783 | ||||||
| Debt | 5 | 77 | |||||||
| Disposal group, including discontinued operation | 1,194 | ||||||||
| Due to related parties | ✕ | ✕ | 5,706 | ||||||
| Other undisclosed current liabilities | 5,535 | 5,750 | 4,084 | 3,011 | 2,916 | ||||
| Total current liabilities: | 6,373 | 6,492 | 6,061 | 4,503 | 10,303 | ||||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation: | 6,745 | 7,361 | 61 | ||||||
| Liabilities, other than long-term debt | 6,350 | 7,127 | 5,500 | 5,500 | |||||
| Deferred compensation liability, classified | 77 | ||||||||
| Due to related parties | ✕ | ✕ | 5,500 | 5,500 | |||||
| Operating lease, liability | 6,273 | 7,127 | 6,745 | 7,361 | 61 | ✕ | |||
| Other undisclosed noncurrent liabilities | 1,212 | ||||||||
| Total noncurrent liabilities: | 6,350 | 7,127 | 12,245 | 12,861 | 1,273 | ||||
| Other undisclosed liabilities | 28,470 | ||||||||
| Total liabilities: | 12,723 | 13,619 | 18,306 | 17,364 | 11,576 | 28,470 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 37,216 | 28,854 | 25,296 | 11,215 | 8,357 | (9,076) | |||
| Treasury stock, value | (2,662) | (2,662) | (2,662) | ||||||
| Additional paid in capital | 202,112 | 201,535 | 200,617 | 200,147 | 199,372 | 180,673 | |||
| Accumulated deficit | (162,330) | (170,114) | (179,507) | (193,116) | (195,198) | (194,319) | |||
| Other undisclosed equity, attributable to parent | 96 | 95 | 6,848 | 4,184 | 4,183 | 4,570 | |||
| Equity, attributable to noncontrolling interest | 15,706 | ||||||||
| Total equity: | 37,216 | 28,854 | 25,296 | 11,215 | 8,357 | 6,630 | |||
| TOTAL LIABILITIES AND EQUITY: | 49,939 | 42,473 | 43,602 | 28,579 | 19,933 | 35,100 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 44,721 | 39,313 | 31,093 | 28,726 | 25,317 | 56,749 | ||
| Cost of revenue | (33,040) | (29,371) | (24,649) | |||||
| Other undisclosed gross profit | (57,180) | |||||||
| Gross profit: | 11,681 | 9,942 | 6,444 | 28,726 | 25,317 | (431) | ||
| Operating expenses | (2,517) | (1,990) | (1,379) | (3,617) | (1,870) | (4,499) | ||
| Other undisclosed operating loss | (22,542) | (21,172) | (171) | |||||
| Operating income (loss): | 9,164 | 7,952 | 5,065 | 2,567 | 2,275 | (5,101) | ||
| Nonoperating income (Other Nonoperating income) | 79 | 2 | 6 | 112 | 225 | 135 | ||
| Interest and debt expense | 50 | (171) | ||||||
| Income (loss) from continuing operations before equity method investments, income taxes: | 9,243 | 7,954 | 5,071 | 2,729 | 2,500 | (5,137) | ||
| Loss from equity method investments | (560) | |||||||
| Other undisclosed income (loss) from continuing operations before income taxes | (1,091) | (101) | (249) | (429) | (474) | 171 | ||
| Income (loss) from continuing operations before income taxes: | 8,152 | 7,853 | 4,822 | 2,300 | 1,466 | (4,966) | ||
| Income tax expense (benefit) | (368) | (125) | 11,217 | (25) | (2) | 920 | ||
| Other undisclosed loss from continuing operations | (193) | |||||||
| Income (loss) from continuing operations: | 7,784 | 7,728 | 16,039 | 2,082 | 1,464 | (4,046) | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | 16,039 | 2,082 | 1,206 | (4,046) | |
| Loss from discontinued operations | (258) | |||||||
| Net income (loss): | 7,784 | 7,728 | 16,039 | 2,082 | 1,206 | (4,046) | ||
| Net loss attributable to noncontrolling interest | (313) | (470) | ||||||
| Other undisclosed net loss attributable to parent | (381) | (2,430) | ||||||
| Net income (loss) attributable to parent: | 7,784 | 7,347 | 13,609 | 2,082 | 893 | (4,516) | ||
| Preferred stock dividends and other adjustments | 2,046 | |||||||
| Net income (loss) available to common stockholders, diluted: | 7,784 | 9,393 | 13,609 | 2,082 | 893 | (4,516) | ||
Comprehensive Income ($ in thousands)
| 6/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 7,784 | 7,728 | 16,039 | 2,082 | 1,206 | (4,046) | ||
| Comprehensive income (loss): | 7,784 | 7,728 | 16,039 | 2,082 | 1,206 | (4,046) | ||
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (313) | (470) | ||||||
| Comprehensive income (loss), net of tax, attributable to parent: | 7,784 | 7,728 | 16,039 | 2,082 | 893 | (4,516) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.