Diamondhead Casino Corp (DHCC) financial statements (2022 and earlier)

Company profile

Business Address 1013 PRINCESS STREET
ALEXANDRIA,, VA 22314
State of Incorp. DE
Fiscal Year End December 31
SIC 7011 - Hotels and Motels (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments82892 018
Cash and cash equivalents82892 018
Other current assets   1700
Total current assets:8289217018
Noncurrent Assets
Inventory, real estate   5,4765,4765,476
Property, plant and equipment5,4765,4765,476   
Other noncurrent assets00    
Other undisclosed noncurrent assets  000107
Total noncurrent assets:5,4765,4765,4765,4765,4765,583
TOTAL ASSETS:5,5585,5655,4785,4935,4775,601
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:3,8203,6133,133705,8514,785
Accounts payable   257235226
Accrued liabilities223378263139448
Employee-related liabilities   2,370  
Interest and dividends payable3,5973,2352,8702,5062,1441,779
Other undisclosed accounts payable and accrued liabilities   (5,202)3,4272,772
Debt4,2153,9733,82849485
Derivative instruments and hedges, liabilities     2,030
Due to related parties7,3076,3665,3514,451  
Other liabilities 26    
Other undisclosed current liabilities 2713056,5483,7302,100
Total current liabilities:15,34314,24912,61811,1179,6298,920
Noncurrent Liabilities
Long-term debt and lease obligation     138
Long-term debt, excluding current maturities     138
Liabilities, other than long-term debt   115203115
Due to related parties   115203115
Other undisclosed noncurrent liabilities  507388(115)
Total noncurrent liabilities:  50188290138
Other undisclosed liabilities363     
Total liabilities:15,70514,24912,66811,3059,9209,058
Stockholders' equity
Stockholders' equity attributable to parent(10,147)(8,684)(7,190)(5,812)(4,443)(3,456)
Preferred stock212121212121
Common stock393939393939
Treasury stock, value(186)(166)(149)(148)(147)(146)
Additional paid in capital36,10136,04235,31335,43035,52635,643
Accumulated deficit(43,394)(41,773)(39,448)(38,071)(36,680)(35,693)
Unearned esop shares(2,728)(2,846)(2,965)(3,084)(3,202)(3,321)
Total stockholders' equity:(10,147)(8,684)(7,190)(5,812)(4,443)(3,456)
TOTAL LIABILITIES AND EQUITY:5,5585,5655,4785,4935,4775,601

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
Revenues
(Other Income)
    2 
Cost of revenue (831) (22) (77)
Cost of goods and services sold     (77)
Gross profit: (831) (22)2(77)
Operating expenses(735)(763)(712)(713)(731)(738)
Operating loss:(735)(1,594)(712)(734)(730)(815)
Nonoperating income (expense)(784)(630)564555(477)(408)
Other nonoperating expense    (477)(408)
Interest and debt expense(380)(2)(292)(293)(498)(412)
Loss before gain (loss) on sale of properties:(1,899)(2,226)(441)(473)(1,705)(1,635)
Other undisclosed net income (loss)   (816)497451
Net loss:(1,899)(2,226)(441)(1,289)(1,208)(1,183)
Other undisclosed net income (loss) attributable to parent3802(835)   
Net loss attributable to parent:(1,519)(2,224)(1,276)(1,289)(1,208)(1,183)
Preferred stock dividends and other adjustments(102)(102)(102)(102)(102)102
Other undisclosed net loss available to common stockholders, basic     (203)
Net loss available to common stockholders, diluted:(1,621)(2,325)(1,378)(1,391)(1,310)(1,285)

Comprehensive Income ($ in thousands)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
Net loss:(1,899)(2,226)(441)(1,289)(1,208)(1,183)
Comprehensive loss, net of tax, attributable to parent:(1,899)(2,226)(441)(1,289)(1,208)(1,183)

Statements sources

The financial statements are based on the company's filings with the 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: