Diamondhead Casino Corp (DHCC) financial statements (2020 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)
| 9/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | |||
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Current Assets | |||||||
| Cash, cash equivalents, and short-term investments | 5 | 0 | 18 | 16 | |||
| Cash and cash equivalents | 5 | 0 | 18 | 16 | |||
| Other current assets | 1 | 17 | 0 | 0 | 0 | ||
| Total current assets: | 6 | 17 | 0 | 18 | 16 | ||
| Noncurrent Assets | |||||||
| Inventory, real estate | 5,476 | 5,476 | 5,476 | 5,476 | |||
| Property, plant and equipment | 5,476 | ||||||
| Deferred costs | 145 | ||||||
| Other noncurrent assets | 0 | ||||||
| Other undisclosed noncurrent assets | 0 | 0 | 0 | 107 | |||
| Total noncurrent assets: | 5,476 | 5,476 | 5,476 | 5,583 | 5,621 | ||
| TOTAL ASSETS: | 5,482 | 5,493 | 5,477 | 5,601 | 5,637 | ||
| LIABILITIES AND EQUITY | |||||||
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts payable and accrued liabilities, including: | 3,063 | 70 | 5,851 | 4,785 | 1,899 | ||
| Accounts payable | 257 | 235 | 226 | 215 | |||
| Accrued liabilities | 261 | 139 | 44 | 8 | 233 | ||
| Employee-related liabilities | 2,370 | ||||||
| Interest and dividends payable | 2,802 | 2,506 | 2,144 | 1,779 | 1,452 | ||
| Other undisclosed accounts payable and accrued liabilities | (5,202) | 3,427 | 2,772 | ||||
| Debt | 50 | 49 | 48 | 5 | 1,963 | ||
| Derivative instruments and hedges, liabilities | 2,030 | ||||||
| Due to related parties | 5,159 | 4,451 | |||||
| Other undisclosed current liabilities | 3,921 | 6,548 | 3,730 | 2,100 | 2,173 | ||
| Total current liabilities: | 12,193 | 11,117 | 9,629 | 8,920 | 6,035 | ||
| Noncurrent Liabilities | |||||||
| Long-term debt and lease obligation | 138 | 2 | |||||
| Long-term debt, excluding current maturities | 138 | 2 | |||||
| Liabilities, other than long-term debt | 115 | 115 | 203 | 115 | 1,705 | ||
| Due to related parties | 115 | 115 | 203 | 115 | |||
| Derivative instruments and hedges, liabilities | 1,705 | ||||||
| Other undisclosed noncurrent liabilities | 73 | 73 | 88 | (115) | 67 | ||
| Total noncurrent liabilities: | 188 | 188 | 290 | 138 | 1,774 | ||
| Total liabilities: | 12,381 | 11,305 | 9,920 | 9,058 | 7,809 | ||
| Stockholders' equity | |||||||
| Stockholders' equity attributable to parent | (6,898) | (5,812) | (4,443) | (3,456) | (2,171) | ||
| Preferred stock | 21 | 21 | 21 | 21 | 21 | ||
| Common stock | 39 | 39 | 39 | 39 | 39 | ||
| Treasury stock, value | (148) | (148) | (147) | (146) | (141) | ||
| Additional paid in capital | 35,430 | 35,430 | 35,526 | 35,643 | 35,757 | ||
| Accumulated deficit | (39,157) | (38,071) | (36,680) | (35,693) | (34,408) | ||
| Unearned esop shares | (3,084) | (3,084) | (3,202) | (3,321) | (3,439) | ||
| Total stockholders' equity: | (6,898) | (5,812) | (4,443) | (3,456) | (2,171) | ||
| TOTAL LIABILITIES AND EQUITY: | 5,482 | 5,493 | 5,477 | 5,601 | 5,637 | ||
Income statement (P&L) ($ in thousands)
| 9/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|
| Revenues (Other Income) | 2 | |||||
| Cost of revenue | (22) | (77) | (333) | |||
| Cost of goods and services sold | (77) | (77) | ||||
| Gross profit: | (22) | 2 | (77) | (333) | ||
| Operating expenses | (793) | (713) | (731) | (738) | (1,153) | |
| Operating loss: | (793) | (734) | (730) | (815) | (1,486) | |
| Nonoperating income (expense) | 567 | 555 | (477) | (408) | 1,641 | |
| Other nonoperating income (expense) | (477) | (408) | 1,641 | |||
| Interest and debt expense | (221) | (293) | (498) | (412) | (362) | |
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (293) | |||||
| Loss before gain (loss) on sale of properties: | (740) | (473) | (1,705) | (1,635) | (207) | |
| Other undisclosed net income (loss) | (1,519) | (816) | 497 | 451 | 362 | |
| Net income (loss): | (2,259) | (1,289) | (1,208) | (1,183) | 155 | |
| Other undisclosed net income attributable to parent | 899 | |||||
| Net income (loss) attributable to parent: | (1,360) | (1,289) | (1,208) | (1,183) | 155 | |
| Preferred stock dividends and other adjustments | (102) | (102) | (102) | 102 | (102) | |
| Other undisclosed net loss available to common stockholders, basic | (203) | |||||
| Net income (loss) available to common stockholders, diluted: | (1,462) | (1,391) | (1,310) | (1,285) | 53 | |
Comprehensive Income ($ in thousands)
| 9/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|
| Net income (loss): | (2,259) | (1,289) | (1,208) | (1,183) | 155 | |
| Comprehensive income (loss), net of tax, attributable to parent: | (2,259) | (1,289) | (1,208) | (1,183) | 155 | |
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.