DiamondHead Holdings Corp. (DHHC) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
250 PARK AVE. 7TH FLOOR NEW YORK, NY 10177 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 1531 - Operative Builders (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2023 MRQ | 12/31/2022 | 12/31/2021 | |||
|---|---|---|---|---|---|
| ASSETS | |||||
| Current Assets | |||||
| Cash, cash equivalents, and short-term investments | 37 | 253 | |||
| Cash and cash equivalents | 37 | 253 | |||
| Prepaid expense | 20 | 240 | |||
| Other undisclosed current assets | (0) | ||||
| Total current assets: | 57 | 493 | |||
| Noncurrent Assets | |||||
| Operating lease, right-of-use asset | |||||
| Inventory, real estate | |||||
| Property, plant and equipment | |||||
| Long-term investments and receivables | |||||
| Long-term investments | |||||
| Asset, held-in-trust | 349,152 | 345,021 | |||
| Total noncurrent assets: | 349,152 | 345,021 | |||
| Other undisclosed assets | |||||
| TOTAL ASSETS: | 349,209 | 345,513 | |||
| LIABILITIES AND EQUITY | |||||
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts payable and accrued liabilities | 3,761 | 174 | |||
| Accounts payable | 100 | 54 | |||
| Accrued liabilities | 3,660 | 120 | |||
| Due to related parties | ✕ | 204 | |||
| Other undisclosed current liabilities | 481 | 115 | |||
| Total current liabilities: | 4,446 | 289 | |||
| Noncurrent Liabilities | |||||
| Liabilities, other than long-term debt | |||||
| Deferred income tax liabilities | |||||
| Other undisclosed noncurrent liabilities | 1,531 | 20,869 | |||
| Total noncurrent liabilities: | 1,531 | 20,869 | |||
| Other undisclosed liabilities | |||||
| Total liabilities: | 5,977 | 21,158 | |||
| Equity | |||||
| Equity, attributable to parent, including: | (5,354) | (20,645) | |||
| Additional paid in capital | |||||
| Retained earnings (accumulated deficit) | (5,355) | (20,646) | |||
| Other undisclosed equity, attributable to parent | 1 | 1 | |||
| Other undisclosed equity | 348,586 | 345,000 | |||
| Total equity: | 343,232 | 324,355 | |||
| TOTAL LIABILITIES AND EQUITY: | 349,209 | 345,513 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2023 TTM | 12/31/2022 | 12/31/2021 | ||
|---|---|---|---|---|
| Revenues (Other undisclosed Revenues) | ||||
| Cost of revenue | ||||
| Cost of goods and services sold | ||||
| Gross profit: | ||||
| Operating expenses | (4,324) | (1,031) | ||
| Other undisclosed operating loss | (200) | (200) | ||
| Operating income (loss): | (4,524) | (1,231) | ||
| Nonoperating income | 5,050 | 21 | ||
| Investment income, nonoperating | 5,050 | 21 | ||
| Interest and debt expense | (4) | |||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | ||||
| Income (loss) from continuing operations before equity method investments, income taxes: | 522 | (1,210) | ||
| Income from equity method investments | ||||
| Other undisclosed income from continuing operations before income taxes | 7,535 | |||
| Income (loss) from continuing operations before income taxes: | 8,057 | (1,210) | ||
| Income tax expense (benefit) | (983) | 254 | ||
| Income (loss) from continuing operations: | 7,073 | (956) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | (956) | |
| Other undisclosed net income | 3,664 | |||
| Net income attributable to parent: | 7,073 | 2,708 | ||
| Preferred stock dividends and other adjustments | (3,586) | (26,877) | ||
| Other undisclosed net loss available to common stockholders, basic | ||||
| Net income (loss) available to common stockholders, basic: | 3,487 | (24,169) | ||
| Interest on convertible debt | ||||
| Other undisclosed net loss available to common stockholders, diluted | ||||
| Net income (loss) available to common stockholders, diluted: | 3,487 | (24,169) | ||
Comprehensive Income ($ in thousands)
| 9/30/2023 TTM | 12/31/2022 | 12/31/2021 | ||
|---|---|---|---|---|
| Net income: | 7,073 | 2,708 | ||
| Comprehensive income, net of tax, attributable to parent: | 7,073 | 2,708 | ||
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.