Diamondhead Casino Corp (DHCC) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
1013 PRINCESS STREET ALEXANDRIA,, VA 22314 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 7011 - Hotels and Motels (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) (USD)
| 3/31/2025 MRQ | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 188,806 | 426,124 | 55,885 | 82,091 | 88,711 | 1,966 | |||
| Cash and cash equivalent | 188,806 | 426,124 | 55,885 | 82,091 | 88,711 | 1,966 | |||
| Total current assets: | 188,806 | 426,124 | 55,885 | 82,091 | 88,711 | 1,966 | |||
| Noncurrent Assets | |||||||||
| Property, plant, and equipment, after accumulated depreciation, depletion, and amortization | 5,233,204 | 5,233,204 | 5,476,097 | 5,476,097 | 5,476,097 | 5,476,097 | |||
| Other noncurrent assets | 80 | 80 | 80 | 80 | 80 | ||||
| Other receivable, after allowance for credit loss | 154,622 | ✕ | ✕ | ✕ | ✕ | ||||
| Other undisclosed noncurrent assets | 154,622 | 80 | |||||||
| Total noncurrent assets: | 5,387,906 | 5,387,906 | 5,476,177 | 5,476,177 | 5,476,177 | 5,476,177 | |||
| TOTAL ASSETS: | 5,576,712 | 5,814,030 | 5,532,062 | 5,558,268 | 5,564,888 | 5,478,143 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 8,762,443 | 4,473,663 | 3,819,771 | 3,612,930 | 3,133,260 | ||||
| Interest and dividends payable | ✕ | ✕ | ✕ | ✕ | 3,596,710 | 3,234,730 | 2,870,145 | ||
| Accrued liabilities | 8,762,443 | 4,473,663 | 223,061 | 378,200 | 263,115 | ||||
| Debt | 3,762,500 | 3,762,500 | 4,375,567 | 4,215,487 | 3,973,119 | 3,828,273 | |||
| Other liabilities | 17,308 | 26,250 | |||||||
| Due to related parties | ✕ | ✕ | ✕ | 8,182,833 | 7,307,461 | 6,365,734 | 5,351,496 | ||
| Other undisclosed current liabilities | 16,550,016 | 6,134,482 | 270,750 | 304,864 | |||||
| Total current liabilities: | 20,312,516 | 18,676,733 | 17,032,063 | 15,342,719 | 14,248,783 | 12,617,893 | |||
| Noncurrent Liabilities | |||||||||
| Other undisclosed noncurrent liabilities | 50,000 | ||||||||
| Total noncurrent liabilities: | 50,000 | ||||||||
| Other undisclosed liabilities | 494,875 | 362,600 | |||||||
| Total liabilities: | 20,312,516 | 18,676,733 | 17,526,938 | 15,705,319 | 14,248,783 | 12,667,893 | |||
| Equity | |||||||||
| Equity, attributable to parent | (14,735,804) | (12,862,703) | (11,994,876) | (10,147,051) | (8,683,895) | (7,189,750) | |||
| Preferred stock | 20,860 | 20,860 | 20,860 | 20,860 | 20,860 | 20,860 | |||
| Common stock | 39,052 | 39,052 | 39,052 | 39,052 | 39,052 | 39,052 | |||
| Treasury stock, value | (243,192) | (232,931) | (216,227) | (186,000) | (166,114) | (149,410) | |||
| Additional paid in capital | 36,586,213 | 36,663,780 | 36,122,078 | 36,100,973 | 36,042,139 | 35,313,037 | |||
| Accumulated deficit | (48,766,677) | (46,862,802) | (45,351,375) | (43,394,070) | (41,773,364) | (39,448,219) | |||
| Unearned esop shares | (2,372,060) | (2,490,662) | (2,609,264) | (2,727,866) | (2,846,468) | (2,965,070) | |||
| Total equity: | (14,735,804) | (12,862,703) | (11,994,876) | (10,147,051) | (8,683,895) | (7,189,750) | |||
| TOTAL LIABILITIES AND EQUITY: | 5,576,712 | 5,814,030 | 5,532,062 | 5,558,268 | 5,564,888 | 5,478,143 | |||
Income Statement (P&L) (USD)
| 3/31/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Gross profit: | (546,400) | (831,000) | ||||||
| Operating expenses | (981,174) | (804,655) | (1,000,686) | (735,497) | (762,703) | (712,232) | ||
| Operating loss: | (981,174) | (1,351,055) | (1,000,686) | (735,497) | (1,593,703) | (712,232) | ||
| Nonoperating income (expense) | (821,101) | (58,772) | (855,019) | (783,609) | (629,842) | 563,784 | ||
| Gain on condemnation | 757,107 | |||||||
| Other nonoperating income (expense) | (821,101) | (855,019) | ||||||
| Interest and debt expense | (377,486) | (439,689) | (379,749) | (2,165) | (292,220) | |||
| Income (loss) from continuing operations: | (1,802,275) | (1,787,313) | (2,295,394) | (1,898,855) | (2,225,710) | (440,668) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | (1,898,855) | (2,225,710) | (440,668) | |
| Net income (loss): | (1,802,275) | (1,787,313) | (2,295,394) | (1,898,855) | (2,225,710) | (440,668) | ||
| Other undisclosed net income (loss) attributable to parent | 377,486 | 439,689 | 379,749 | 2,165 | (835,348) | |||
| Net income (loss) attributable to parent: | (1,802,275) | (1,409,827) | (1,855,705) | (1,519,106) | (2,223,545) | (1,276,016) | ||
| Preferred stock dividends and other adjustments | (101,600) | (101,600) | (101,600) | (101,600) | (101,600) | (101,600) | ||
| Net income (loss) available to common stockholders, diluted: | (1,903,875) | (1,511,427) | (1,957,305) | (1,620,706) | (2,325,145) | (1,377,616) | ||
Comprehensive Income (USD)
| 3/31/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (1,802,275) | (1,787,313) | (2,295,394) | (1,898,855) | (2,225,710) | (440,668) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (1,802,275) | (1,787,313) | (2,295,394) | (1,898,855) | (2,225,710) | (440,668) | ||
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.