HOFV: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, HOFV has $355,945,258 in assets. $325,722,238 in debts.

Unit: Dollar

Balance Sheets	2025-09-30	2025-06-30
Cash	1,351,027	831,075
Restricted cash	4,353,296	4,410,344
Equity method investments	2,088,232	2,167,541
Investments available for sale	2,433,000	2,433,000
Accounts receivable, net	953,491	1,442,572
Prepaid expenses and other assets	5,137,074	5,302,460
Property and equipment, net	322,324,429	326,461,405
Right-of-use lease assets	7,084,900	7,129,585
Project development costs	10,219,809	10,319,809
Total assets	355,945,258	360,497,791

Notes payable, net	268,345,058	261,944,445
Accounts payable and accrued expenses	23,423,768	21,509,820
Due to affiliate	3,321,189	3,247,231
Warrant liability	-	0
Financing liability	17,941,187	17,800,270
Lease liabilities	3,392,662	3,394,628
Other liabilities	9,298,374	7,774,951
Total liabilities	325,722,238	315,671,345
Preferred stock, value-Series CConvertible Preferred Stock	2	2
Preferred stock, value-Series BConvertible Preferred Stock	-	0
Common stock, 0.0001 par value 300,000,000 shares authorized 6,700,844 and 6,558,279 shares issued and outstanding at september 30, 2025 and december 31, 2024, respectively	669	669
Additional paid-in capital	346,867,118	346,847,686
Accumulated deficit	-315,681,343	-301,058,485
Total equity attributable to hofre	31,186,446	45,789,872
Non-controlling interest	-963,426	-963,426
Total equity	30,223,020	44,826,446
Total liabilities and stockholders equity	355,945,258	360,497,791