Full House Resorts, Inc. (FLL) Financial Statements (2024 and earlier)

Company Profile

Business Address ONE SUMMERLIN
LAS VEGAS, NV 89135
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) ($ in thousands)

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments35,50140,81356,58985,712108,231109,041
Cash and cash equivalents35,50140,81356,58985,712108,231109,041
Restricted cash and investments78,078101,583134,587156,117190,160210,494
Receivables6,1365,6524,0822,8068,8895,350
Inventory, net of allowances, customer advances and progress billings1,8681,5051,4791,6581,3921,529
Inventory1,8681,5051,4791,6581,3921,529
Prepaid expense5,9286,1406,1846,5125,3033,580
Total current assets:127,511155,693202,921252,805313,975329,994
Noncurrent Assets
Finance lease, right-of-use asset, after accumulated amortization2,9793,2873,8084,6054,6444,683
Operating lease, right-of-use asset46,29346,32315,77115,55614,43014,998
Property, plant and equipment   339,057   
Intangible assets, net (including goodwill)82,38982,39732,15532,16332,17032,177
Goodwill21,28621,28621,28621,28621,28621,286
Intangible assets, net (excluding goodwill)61,10361,11110,86910,87710,88410,891
Deposits noncurrent assets1,4661,5411,6172,1302,0101,710
Deferred income tax assets      4,556
Other undisclosed noncurrent assets410,496385,256 267,492212,530176,412
Total noncurrent assets:543,623518,804392,408321,946265,784234,536
TOTAL ASSETS:671,134674,497595,329574,751579,759564,530
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities18,21818,45214,56622,50242,24828,734
Interest and dividends payable4,32212,6844,134
Employee-related liabilities4,2234,1114,139
Accounts payable6,4597,1624,6024,70116,3369,926
Accrued liabilities11,75911,2909,9649,2569,11710,535
Deferred revenue2,0002,500 1,2151,7181,826
Debt1,6051,5721,581530526520
Other undisclosed current liabilities44,59242,80149,51418,3131,9501,783
Total current liabilities:66,41565,32565,66142,56046,44232,863
Noncurrent Liabilities
Long-term debt and lease obligation467,410467,151406,579416,775414,812415,204
Long-term debt, excluding current maturities463,654462,980401,852401,429401,001400,590
Finance lease, liability3,7564,1714,7272,3842,5182,651
Liabilities, other than long-term debt52,97652,88023,2988,9959,0663,156
Deferred revenue8,5248,6498,8567,9568,0563,156
Deferred income tax liabilities1,5509891,0241,0391,010 
Other liabilities      
Operating lease, liability42,90243,24213,41812,96211,29311,963
Total noncurrent liabilities:520,386520,031429,877425,770423,878418,360
Total liabilities:586,801585,356495,538468,330470,320451,223
Equity
Equity, attributable to parent84,33389,14199,791106,421109,439113,307
Common stock444444
Treasury stock, value(884)(1,086)(1,091)(1,102)(1,120)(1,167)
Additional paid in capital111,940111,350110,590110,249109,708109,268
Retained earnings (accumulated deficit)(26,727)(21,127)(9,712)(2,730)8475,202
Total equity:84,33389,14199,791106,421109,439113,307
TOTAL LIABILITIES AND EQUITY:671,134674,497595,329574,751579,759564,530

Income Statement (P&L) ($ in thousands)

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
Revenues59,38250,10636,08241,39344,38341,423
Cost of revenue(27,970)(22,862)(17,804)(18,800)(18,617)(18,141)
Gross profit:31,41227,24418,27822,59325,76623,282
Operating expenses(30,818)(34,230)(21,512)(20,198)(17,547)(17,979)
Operating income (loss):594(6,986)(3,234)2,3958,2195,303
Nonoperating expense(5,633)(4,464)(3,763)(5,943)(7,007)(10,805)
Interest and debt expense(109)(111)(32)(34)(35)(37)
Income (loss) from continuing operations before equity method investments, income taxes:(5,148)(11,561)(7,029)(3,582)1,177(5,539)
Other undisclosed income from continuing operations before income taxes10911132343537
Income (loss) from continuing operations before income taxes:(5,039)(11,450)(6,997)(3,548)1,212(5,502)
Income tax expense (benefit)(561)3515(29)(5,567)5,612
Income (loss) from continuing operations:(5,600)(11,415)(6,982)(3,577)(4,355)110
Income (loss) before gain (loss) on sale of properties:(3,577)(4,355)110
Net income (loss) available to common stockholders, diluted:(5,600)(11,415)(6,982)(3,577)(4,355)110

Comprehensive Income ($ in thousands)

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
Net income (loss):(5,600)(11,415)(6,982)(3,577)(4,355)110
Comprehensive income (loss), net of tax, attributable to parent:(5,600)(11,415)(6,982)(3,577)(4,355)110

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: