Hall of Fame Resort & Entertainment Co (HOFVW) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
2626 FULTON DRIVE NW CANTON, OH 44718 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 799 - Miscellaneous Amusement And Recreation (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2025 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 | 432 | 3,243 | 43,050 | 10,283 | 7,146 | 2 | |||
| Cash and cash equivalent | 432 | 3,243 | 26,017 | 10,283 | 7,146 | 2 | |||
| Short-term investments | 17,034 | ||||||||
| Restricted cash and investments | 4,000 | 7,500 | 7,105 | ||||||
| Receivables | 1,811 | 2,367 | |||||||
| Inventory, net of allowances, customer advances and progress billings | (3,511) | (3,537) | |||||||
| Inventory | (3,511) | (3,537) | |||||||
| Prepaid expense | 999 | 19 | |||||||
| Deferred costs | 26,200 | ||||||||
| Asset, held-for-sale, not part of disposal group | 12,325 | ||||||||
| Other undisclosed current assets | 3 | ||||||||
| Total current assets: | 4,432 | 15,569 | 48,850 | 17,217 | 33,346 | 24 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 7,222 | 7,388 | 7,562 | ||||||
| Property, plant and equipment | 334,710 | 344,379 | 248,827 | 180,461 | 154,356 | ||||
| Long-term investments and receivables | 2,228 | ||||||||
| Long-term investments | 2,228 | ||||||||
| Intangible assets, net (including goodwill) | 9,750 | ||||||||
| Intangible assets, net (excluding goodwill) | 9,750 | ||||||||
| Restricted cash and investments | 4,500 | ||||||||
| Other undisclosed noncurrent assets | 117,285 | ||||||||
| Total noncurrent assets: | 344,159 | 351,767 | 270,639 | 180,461 | 154,356 | 117,285 | |||
| Other undisclosed assets | 18,114 | 74,562 | 136,808 | 139,611 | 123,143 | ||||
| TOTAL ASSETS: | 366,706 | 441,897 | 456,297 | 337,288 | 310,844 | 117,309 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 17,576 | 12,121 | 20,538 | 533 | |||||
| Accounts payable | 533 | ||||||||
| Other undisclosed accounts payable and accrued liabilities | 17,576 | 12,121 | 20,538 | ||||||
| Debt | 63,215 | ||||||||
| Derivative instruments and hedges, liabilities | 19,112 | ||||||||
| Due to related parties | ✕ | ✕ | ✕ | 1,819 | |||||
| Total current liabilities: | 80,791 | 13,940 | 39,650 | 533 | |||||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 17,784 | 500 | |||||||
| Long-term debt, excluding current maturities | 17,784 | 500 | |||||||
| Liabilities, other than long-term debt | 3,402 | 3,613 | 30,040 | 27 | |||||
| Other liabilities | 27 | ||||||||
| Operating lease, liability | 3,402 | 3,413 | |||||||
| Derivative instruments and hedges, liabilities | 200 | 30,040 | |||||||
| Other undisclosed noncurrent liabilities | 7,467 | ||||||||
| Total noncurrent liabilities: | 21,186 | 3,613 | 30,540 | 27 | 7,467 | ||||
| Other undisclosed liabilities | 273,289 | 315,159 | 180,635 | 88,230 | 106,085 | ||||
| Total liabilities: | 294,474 | 315,159 | 265,039 | 132,710 | 145,763 | 8,000 | |||
| Temporary equity, including noncontrolling interest | 0 | 104,309 | |||||||
| Equity | |||||||||
| Equity, attributable to parent, including: | 73,195 | 127,692 | 192,141 | 205,175 | 165,278 | 5,000 | |||
| Common stock | 1 | 1 | 1 | 10 | 6 | ||||
| Additional paid in capital | 346,756 | 344,335 | 339,038 | 305,117 | 172,113 | 3,100 | |||
| Retained earnings (accumulated deficit) | (273,562) | (216,644) | (146,898) | (99,952) | (6,841) | 1,899 | |||
| Receivable from shareholders or affiliates for issuance of capital stock | (6,635) | ||||||||
| Other undisclosed equity, attributable to parent | 0 | 0 | 6,635 | 0 | 0 | ||||
| Equity, attributable to noncontrolling interest | (963) | (955) | (883) | (597) | (197) | ||||
| Total equity: | 72,231 | 126,737 | 191,258 | 204,578 | 165,082 | 5,000 | |||
| Other undisclosed liabilities and equity | (0) | ||||||||
| TOTAL LIABILITIES AND EQUITY: | 366,706 | 441,897 | 456,297 | 337,288 | 310,844 | 117,309 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 21,206 | 24,130 | 15,979 | 10,770 | 7,099 | |||
| Other income | 4,266 | 605 | ||||||
| Gross profit: | 21,206 | 24,130 | 15,979 | 10,770 | 7,099 | |||
| Operating expenses | (50,872) | (73,578) | (53,970) | (47,157) | (39,809) | (1,416) | ||
| Operating loss: | (29,666) | (49,448) | (37,990) | (36,387) | (32,709) | (1,416) | ||
| Nonoperating income (expense) | (26,196) | (19,306) | (8,178) | (56,427) | (12,976) | 2,661 | ||
| Investment income, nonoperating | (2,068) | (6,451) | (5,160) | (10,571) | 2,651 | |||
| Other nonoperating income (expense) | 517 | |||||||
| Interest and debt expense | (4) | (18,764) | (5,377) | (3,581) | (4,282) | |||
| Income (loss) from continuing operations before equity method investments, income taxes: | (55,866) | (87,518) | (51,545) | (96,394) | (49,967) | 1,245 | ||
| Other undisclosed income from continuing operations before income taxes | 4,282 | |||||||
| Income (loss) from continuing operations before income taxes: | (55,866) | (87,518) | (51,545) | (96,394) | (45,685) | 1,245 | ||
| Income tax expense | (424) | |||||||
| Income (loss) from continuing operations: | (55,866) | (87,518) | (51,545) | (96,394) | (45,685) | 820 | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | (96,394) | (45,685) | 820 | |
| Other undisclosed net income | 4 | 18,764 | 5,377 | 3,581 | ||||
| Net income (loss): | (55,863) | (68,754) | (46,168) | (92,814) | (45,685) | 820 | ||
| Net income attributable to noncontrolling interest | 9 | 72 | 286 | 400 | 197 | |||
| Other undisclosed net loss attributable to parent | (197) | |||||||
| Net income (loss) attributable to parent: | (55,854) | (68,682) | (45,883) | (92,413) | (45,685) | 820 | ||
| Preferred stock dividends and other adjustments | (1,855) | |||||||
| Other undisclosed net income (loss) available to common stockholders, basic | (1,064) | (1,064) | 197 | |||||
| Net loss available to common stockholders, diluted: | (56,918) | (69,746) | (45,883) | (92,413) | (45,489) | (1,034) | ||
Comprehensive Income ($ in thousands)
| 9/30/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (55,863) | (68,754) | (46,168) | (92,814) | (45,685) | 820 | ||
| Comprehensive income (loss): | (55,863) | (68,754) | (46,168) | (92,814) | (45,685) | 820 | ||
| Comprehensive income, net of tax, attributable to noncontrolling interest | 9 | 72 | 286 | 400 | 197 | |||
| Comprehensive income (loss), net of tax, attributable to parent: | (55,854) | (68,682) | (45,883) | (92,413) | (45,489) | 820 | ||
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.