For the quarter ending 2025-09-30, HOFV had $462,904 increase in cash & cash equivalents over the period. -$1,738,569 in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net loss | -14,360,358 | -26,964,556 |
| Depreciation expense | 4,240,798 | 8,469,808 |
| Amortization of note discount and deferred financing costs | 253,135 | 1,385,492 |
| Amortization of financing liability | 410,648 | 654,916 |
| Bad debt expense | 451,890 | 99,825 |
| Recognition of film costs | 100,000 | - |
| Loss from equity method investments | -79,309 | -60,533 |
| Loss on extinguishment of debt | - | 0 |
| Loss on sale of asset | - | 0 |
| Interest paid in kind | 3,673,156 | 6,762,390 |
| Change in fair value of warrant liability | 0 | -75,000 |
| Stock-based compensation expense | 19,432 | 91,543 |
| Operating lease expense | 123,010 | 246,023 |
| Amortization of rou assets under finance leases | 1,814 | 10,483 |
| Accretion of finance lease liability | 1,030 | 2,742 |
| Accounts receivable | -37,191 | 22,231 |
| Prepaid expenses and other assets | -165,386 | 1,561,338 |
| Accounts payable and accrued expenses | 1,775,365 | 2,230,205 |
| Operating leases | -80,017 | -150,700 |
| Due to affiliate | 73,958 | 336,404 |
| Other liabilities | 1,435,767 | 2,118,541 |
| Net cash used in operating activities | -1,598,486 | -6,304,920 |
| Proceeds from sale of assets | - | 0 |
| Additions to project development costs and property and equipment | 140,083 | 122,732 |
| Net cash used in investing activities | -140,083 | -122,732 |
| Proceeds from notes payable | 3,570,001 | 11,099,713 |
| Proceeds from sale of common stock under atm | - | 0 |
| Repayments of notes payable | 1,095,679 | 3,216,020 |
| Proceeds from financing liabilities | - | 0 |
| Payment on financing liability | 269,731 | 638,825 |
| Payment of finance leases | 3,118 | 23,348 |
| Net cash provided by financing activities | 2,201,473 | 7,221,520 |
| Net increase (decrease) in cash and restricted cash | 462,904 | 793,868 |
| Cash and cash equivalents at beginning of period | 4,447,551 | - |
| Cash and cash equivalents at end of period | 5,704,323 | - |
Hall of Fame Resort & Entertainment Co (HOFV)
Hall of Fame Resort & Entertainment Co (HOFV)