2023 Q3 Form 10-Q Financial Statement
#000121390023065592 Filed on August 10, 2023
Income Statement
Concept | 2023 Q3 | 2023 Q2 |
---|---|---|
Revenue | $8.745M | $6.127M |
YoY Change | 0.93% | 128.16% |
Cost Of Revenue | $1.810M | $1.588M |
YoY Change | 0.02% | 20.63% |
Gross Profit | $6.930M | $4.540M |
YoY Change | 1.1% | 231.51% |
Gross Profit Margin | 79.25% | 74.09% |
Selling, General & Admin | $12.41M | $10.69M |
YoY Change | -10.36% | 57.28% |
% of Gross Profit | 179.08% | 235.56% |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $4.560M | $3.373M |
YoY Change | 72.02% | -4.38% |
% of Gross Profit | 65.8% | 74.3% |
Operating Expenses | $18.78M | $15.65M |
YoY Change | 1.36% | 28.74% |
Operating Profit | -$10.04M | -$9.527M |
YoY Change | 1.74% | 0.56% |
Interest Expense | $6.027M | -$3.543M |
YoY Change | 260.8% | -484.54% |
% of Operating Profit | ||
Other Income/Expense, Net | -$6.126M | -$3.766M |
YoY Change | 460.55% | -1092.96% |
Pretax Income | -$16.16M | -$13.29M |
YoY Change | 47.45% | 46.16% |
Income Tax | ||
% Of Pretax Income | ||
Net Earnings | -$16.16M | -$13.29M |
YoY Change | 47.49% | 46.16% |
Net Earnings / Revenue | -184.84% | -216.95% |
Basic Earnings Per Share | -$2.89 | -$2.39 |
Diluted Earnings Per Share | -$2.89 | -$2.39 |
COMMON SHARES | ||
Basic Shares Outstanding | 5.672M shares | 5.657M shares |
Diluted Shares Outstanding | 5.673M shares | 5.661M shares |
Balance Sheet
Concept | 2023 Q3 | 2023 Q2 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $4.300M | $9.307M |
YoY Change | -72.98% | -12.32% |
Cash & Equivalents | $11.76M | $9.307M |
Short-Term Investments | ||
Other Short-Term Assets | $3.500M | $3.338M |
YoY Change | 6.55% | 29.71% |
Inventory | ||
Prepaid Expenses | ||
Receivables | $3.700M | $2.641M |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $11.50M | $15.29M |
YoY Change | -49.49% | -4.02% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $368.0M | $370.9M |
YoY Change | 57.08% | 97.04% |
Goodwill | ||
YoY Change | ||
Intangibles | ||
YoY Change | ||
Long-Term Investments | $5.800M | $18.11M |
YoY Change | ||
Other Assets | $7.500M | $7.544M |
YoY Change | -55.06% | 4.56% |
Total Long-Term Assets | $435.6M | $435.8M |
YoY Change | 9.28% | 20.45% |
TOTAL ASSETS | ||
Total Short-Term Assets | $11.50M | $15.29M |
Total Long-Term Assets | $435.6M | $435.8M |
Total Assets | $447.1M | $451.1M |
YoY Change | 6.1% | 19.42% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $21.80M | $16.09M |
YoY Change | -8.32% | -31.97% |
Accrued Expenses | $3.400M | $3.422M |
YoY Change | -0.26% | 0.51% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | $62.00M | $61.30M |
YoY Change | 321.17% | |
Total Short-Term Liabilities | $88.50M | $81.21M |
YoY Change | 94.01% | 172.5% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $202.3M | $195.3M |
YoY Change | 23.6% | 58.85% |
Other Long-Term Liabilities | $12.10M | $14.83M |
YoY Change | 4524.16% | 853.81% |
Total Long-Term Liabilities | $214.4M | $210.1M |
YoY Change | 81835.58% | 13412.2% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $88.50M | $81.21M |
Total Long-Term Liabilities | $214.4M | $210.1M |
Total Liabilities | $302.9M | $291.3M |
YoY Change | 40.14% | 77.13% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$196.5M | -$180.1M |
YoY Change | 53.03% | 53.55% |
Common Stock | $567.00 | $566.00 |
YoY Change | -95.32% | -95.18% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $145.1M | $160.8M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $447.1M | $451.1M |
YoY Change | 6.1% | 19.42% |
Cashflow Statement
Concept | 2023 Q3 | 2023 Q2 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | -$16.16M | -$13.29M |
YoY Change | 47.49% | 46.16% |
Depreciation, Depletion And Amortization | $4.560M | $3.373M |
YoY Change | 72.02% | -4.38% |
Cash From Operating Activities | $70.00K | -$8.140M |
YoY Change | -102.33% | -385.17% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $18.15M | $9.998M |
YoY Change | -147.97% | -149.29% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | $12.55M | $20.21M |
YoY Change | ||
Cash From Investing Activities | -$5.600M | $10.21M |
YoY Change | -85.2% | -150.34% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | 430.0K | 80.09K |
YoY Change | -99.23% | -99.64% |
NET CHANGE | ||
Cash From Operating Activities | 70.00K | -8.140M |
Cash From Investing Activities | -5.600M | 10.21M |
Cash From Financing Activities | 430.0K | 80.09K |
Net Change In Cash | -5.100M | 2.150M |
YoY Change | -134.52% | -57.65% |
FREE CASH FLOW | ||
Cash From Operating Activities | $70.00K | -$8.140M |
Capital Expenditures | $18.15M | $9.998M |
Free Cash Flow | -$18.08M | -$18.14M |
YoY Change | -151.91% | -178.39% |
Facts In Submission
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Preferred Stock Shares Issued
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true | ||
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Document Period End Date
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2023-06-30 | ||
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2023 | ||
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HALL OF FAME RESORT & ENTERTAINMENT COMPANY | ||
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DE | ||
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84-3235695 | ||
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2014 Champions Gateway | ||
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Canton | ||
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OH | ||
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44708 | ||
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(330) | ||
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754–3427 | ||
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Entity Current Reporting Status
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Yes | ||
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|
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us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-8592668 | usd | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
2411297 | usd | |
CY2023Q2 | us-gaap |
Profit Loss
ProfitLoss
|
-13293412 | usd |
CY2022Q2 | us-gaap |
Profit Loss
ProfitLoss
|
-9095025 | usd |
us-gaap |
Profit Loss
ProfitLoss
|
-32685786 | usd | |
us-gaap |
Profit Loss
ProfitLoss
|
-17018494 | usd | |
CY2023Q2 | us-gaap |
Dividends Preferred Stock
DividendsPreferredStock
|
266000 | usd |
CY2022Q2 | us-gaap |
Dividends Preferred Stock
DividendsPreferredStock
|
266000 | usd |
us-gaap |
Dividends Preferred Stock
DividendsPreferredStock
|
532000 | usd | |
us-gaap |
Dividends Preferred Stock
DividendsPreferredStock
|
532000 | usd | |
CY2023Q2 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-5795 | usd |
CY2022Q2 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-158592 | usd |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-54372 | usd | |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-235964 | usd | |
CY2023Q2 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
-13553617 | usd |
CY2022Q2 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
-9202433 | usd |
us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
-33163414 | usd | |
us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
-17314530 | usd | |
CY2023Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-2.39 | |
CY2022Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-1.78 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-5.88 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-3.49 | ||
CY2023Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
5660385 | shares |
CY2022Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
5183035 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
5644822 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
4964029 | shares | |
CY2022Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
191258112 | usd |
CY2023Q1 | hofv |
Contribution From Shareholders
ContributionFromShareholders
|
651034 | usd |
CY2023Q1 | hofv |
Sale Of Series B Preferred Stock And Warrant
SaleOfSeriesBPreferredStockAndWarrant
|
-266000 | usd |
CY2023Q1 | us-gaap |
Profit Loss
ProfitLoss
|
-19392374 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
172250772 | usd |
CY2023Q2 | hofv |
Contribution From Shareholders
ContributionFromShareholders
|
1086017 | usd |
CY2023Q2 | hofv |
Sale Of Shares Under Atm
SaleOfSharesUnderATM
|
39261 | usd |
CY2023Q2 | hofv |
Sale Of Series B Preferred Stock And Warrant
SaleOfSeriesBPreferredStockAndWarrant
|
-266000 | usd |
CY2023Q2 | us-gaap |
Profit Loss
ProfitLoss
|
-13293412 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
159816638 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
204578244 | usd |
CY2022Q1 | hofv |
Contribution From Shareholders
ContributionFromShareholders
|
1287695 | usd |
CY2022Q1 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
28500 | usd |
CY2022Q1 | hofv |
Sale Of Shares Under Atm
SaleOfSharesUnderATM
|
14234932 | usd |
CY2022Q1 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
803061 | usd |
CY2022Q1 | us-gaap |
Financing Receivable Troubled Debt Restructuring Increase Decrease From Modification
FinancingReceivableTroubledDebtRestructuringIncreaseDecreaseFromModification
|
1088515 | usd |
CY2022Q1 | us-gaap |
Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
|
3736000 | usd |
CY2022Q1 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
266000 | usd |
CY2022Q1 | us-gaap |
Profit Loss
ProfitLoss
|
-7923469 | usd |
CY2022Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
217567478 | usd |
CY2022Q2 | hofv |
Contribution From Shareholders
ContributionFromShareholders
|
1254724 | usd |
CY2022Q2 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
75419 | usd |
CY2022Q2 | us-gaap |
Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
|
18709 | usd |
CY2022Q2 | hofv |
Sale Of Shares Under Atm
SaleOfSharesUnderATM
|
3748282 | usd |
CY2022Q2 | hofv |
Sale Of Series B Preferred Stock And Warrant
SaleOfSeriesBPreferredStockAndWarrant
|
-266000 | usd |
CY2022Q2 | us-gaap |
Profit Loss
ProfitLoss
|
-9095025 | usd |
CY2022Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
213303587 | usd |
us-gaap |
Profit Loss
ProfitLoss
|
-32685786 | usd | |
us-gaap |
Profit Loss
ProfitLoss
|
-17018494 | usd | |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
5926436 | usd | |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
6769866 | usd | |
us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
1738131 | usd | |
us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
2478298 | usd | |
hofv |
Amortization Of Financing Liability
AmortizationOfFinancingLiability
|
3399422 | usd | |
us-gaap |
Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
|
1145000 | usd | |
us-gaap |
Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
|
508610 | usd | |
us-gaap |
Paid In Kind Interest
PaidInKindInterest
|
2282040 | usd | |
us-gaap |
Paid In Kind Interest
PaidInKindInterest
|
1681722 | usd | |
us-gaap |
Extinguishment Of Debt Gain Loss Income Tax
ExtinguishmentOfDebtGainLossIncomeTax
|
148472 | usd | |
us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
40000 | usd | |
us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
461000 | usd | |
us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
-7173000 | usd | |
us-gaap |
Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
|
1683246 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1737051 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
2570919 | usd | |
us-gaap |
Other Noncash Expense
OtherNoncashExpense
|
258416 | usd | |
us-gaap |
Other Noncash Expense
OtherNoncashExpense
|
90876 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
829818 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
370525 | usd | |
us-gaap |
Increase Decrease In Prepaid Expenses Other
IncreaseDecreaseInPrepaidExpensesOther
|
1143033 | usd | |
us-gaap |
Increase Decrease In Prepaid Expenses Other
IncreaseDecreaseInPrepaidExpensesOther
|
-1430448 | usd | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-1743958 | usd | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
8196272 | usd | |
us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-159149 | usd | |
us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
9215 | usd | |
us-gaap |
Increase Decrease In Due To Affiliates
IncreaseDecreaseInDueToAffiliates
|
-456167 | usd | |
us-gaap |
Increase Decrease In Due To Affiliates
IncreaseDecreaseInDueToAffiliates
|
1777542 | usd | |
us-gaap |
Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
|
2539138 | usd | |
us-gaap |
Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
|
4830587 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-19683133 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
5422198 | usd | |
us-gaap |
Payments To Acquire Held To Maturity Securities
PaymentsToAcquireHeldToMaturitySecurities
|
64606946 | usd | |
us-gaap |
Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
69815000 | usd | |
us-gaap |
Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
|
19676877 | usd | |
us-gaap |
Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
|
40022805 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-14468823 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-40022805 | usd | |
us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
22270339 | usd | |
us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
20714311 | usd | |
us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
783191 | usd | |
us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
3144677 | usd | |
us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
1552342 | usd | |
us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
210032 | usd | |
us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
2187500 | usd | |
us-gaap |
Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
|
300000 | usd | |
us-gaap |
Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
|
300000 | usd | |
us-gaap |
Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
|
39261 | usd | |
us-gaap |
Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
|
17983214 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
17486567 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
35042816 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-16665389 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
442209 | usd | |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
33516382 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
17388040 | usd |
CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
16850993 | usd |
CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
17830249 | usd |
CY2023Q2 | us-gaap |
Cash
Cash
|
9307494 | usd |
CY2022Q2 | us-gaap |
Cash
Cash
|
10615810 | usd |
CY2023Q2 | us-gaap |
Restricted Cash
RestrictedCash
|
7543499 | usd |
CY2022Q2 | us-gaap |
Restricted Cash
RestrictedCash
|
7214439 | usd |
CY2023Q2 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
16850993 | usd |
CY2022Q2 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
17830249 | usd |
us-gaap |
Interest Paid Net
InterestPaidNet
|
2644324 | usd | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
3520404 | usd | |
hofv |
Project Development Cost Acquired Through Accounts Payable And Accrued Expenses Net
ProjectDevelopmentCostAcquiredThroughAccountsPayableAndAccruedExpensesNet
|
4539444 | usd | |
hofv |
Amendment Of Series C Warrant Liability For Equity Classification
AmendmentOfSeriesCWarrantLiabilityForEquityClassification
|
3336000 | usd | |
hofv |
Amendment Of Series C And D Warrants
AmendmentOfSeriesCAndDWarrants
|
400000 | usd | |
hofv |
Initial Value Of Right Of Use Asset Upon Adoption Of Asc842
InitialValueOfRightOfUseAssetUponAdoptionOfASC842
|
7741955 | usd | |
hofv |
Accrued Series B Preferred Stock Dividends
AccruedSeriesBPreferredStockDividends
|
232000 | usd | |
hofv |
Accrued Series B Preferred Stock Dividends
AccruedSeriesBPreferredStockDividends
|
232000 | usd | |
hofv |
Shares Issued In Connection With Amendment Of Notes Payable
SharesIssuedInConnectionWithAmendmentOfNotesPayable
|
803061 | usd | |
hofv |
Warrants Issued In Connection With Amendment Of Notes Payable
WarrantsIssuedInConnectionWithAmendmentOfNotesPayable
|
1088515 | usd | |
hofv |
Amounts Due To Affiliate Exchanged For Note Payable
AmountsDueToAffiliateExchangedForNotePayable
|
850000 | usd | |
hofv |
Shares Issued In Connection With Issuance Of Notes Payable
SharesIssuedInConnectionWithIssuanceOfNotesPayable
|
75419 | usd | |
hofv |
Warrants Issued In Connection With Issuance Of Notes Payable
WarrantsIssuedInConnectionWithIssuanceOfNotesPayable
|
18709 | usd | |
us-gaap |
Nature Of Operations
NatureOfOperations
|
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b>Note 1: Organization, Nature of Business, and Liquidity</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="text-decoration:underline">Organization and Nature of Business</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.45pt"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.45pt">Hall of Fame Resort & Entertainment Company, a Delaware corporation (together with its subsidiaries, unless the context indicates otherwise, the “Company” or “HOFRE”), was incorporated in Delaware as GPAQ Acquisition Holdings, Inc., a wholly owned subsidiary of our legal predecessor, Gordon Pointe Acquisition Corp. (“GPAQ”), a special purpose acquisition company.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.45pt"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On July 1, 2020, the Company consummated a business combination with HOF Village, LLC, a Delaware limited liability company (“HOF Village”), pursuant to an Agreement and Plan of Merger dated September 16, 2019 (as amended on November 6, 2019, March 10, 2020 and May 22, 2020, the “Merger Agreement”), by and among the Company, GPAQ, GPAQ Acquiror Merger Sub, Inc., a Delaware corporation (“Acquiror Merger Sub”), GPAQ Company Merger Sub, LLC, a Delaware limited liability company (“Company Merger Sub”), HOF Village and HOF Village Newco, LLC, a Delaware limited liability company (“Newco”). The transactions contemplated by the Merger Agreement are referred to as the “Business Combination”.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.45pt"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company is a resort and entertainment company leveraging the power and popularity of professional football and its legendary players in partnership with the National Football Museum, Inc., doing business as the Pro Football Hall of Fame (“PFHOF”). Headquartered in Canton, Ohio, the Company owns the Hall of Fame Village, a multi-use sports, entertainment, and media destination centered around the PFHOF’s campus. The Company is pursuing a differentiation strategy across three pillars, including destination-based assets, HOF Village Media Group, LLC (“Hall of Fame Village Media”), and gaming.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.45pt"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.45pt">The Company has entered into multiple agreements with PFHOF, and certain government entities, which outline the rights and obligations of each of the parties with regard to the property on which the Hall of Fame Village sits, portions of which are owned by the Company and portions of which are net leased to the Company by government and quasi-governmental entities (see Note 9 for additional information). Under these agreements, the PFHOF and the lessor entities are entitled to use portions of the Hall of Fame Village on a direct-cost basis.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.45pt"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="text-decoration:underline">Reverse Stock Split</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On December 27, 2022, the Company effectuated a reverse stock split of its shares of common stock at a ratio of 1-for-22. See Note 5, Stockholders’ Equity, for additional information. As a result, the number of shares and income (loss) per share disclosed throughout this Quarterly Report on Form 10-Q have been retrospectively adjusted to reflect the reverse stock split.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="text-decoration:underline">Liquidity and Going Concern</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company has sustained recurring losses through June 30, 2023 and the Company’s accumulated deficit was $180,061,757 as of such date. Since inception, the Company’s operations have been funded principally through the issuance of debt and equity. As of June 30, 2023, the Company had approximately $9.3 million of unrestricted cash, $7.5 million of restricted cash, and $12.4 million of liquid investments held to maturity, consisting of U.S. treasury securities. The Company has approximately $59.3 million of debt coming due through August 10, 2024. The Company may extend the maturity of up to $42.1 million principal of debt until March 31, 2025 for a fee of one percent of the outstanding principal. These factors raise substantial doubt about the Company’s ability to continue operations as a going concern.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company has entered into the following financing transactions. See Note 4 for more information on these transactions.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In January 2023, the Company sold 2,400 shares of the Company’s 7.00% Series A Cumulative Redeemable Preferred Stock, par value $0.0001 per share for an aggregate purchase price of $2,400,000.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On February 2, 2023, the Company received proceeds from the issuance by Stark County Port Authority of $18,100,000 principal amount Tax Increment Financing Revenue Bonds, Series 2023.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On May 2, 2023, the Company issued 800 shares of the Company’s 7.00% Series A Cumulative Redeemable Preferred Stock at a price of $1,000 per share for an aggregate purchase price of $800,000.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company expects that it will need to raise additional financing to accomplish its development plan over the next several years. The Company is seeking to obtain additional funding through debt, construction lending, and equity financing. There are no assurances that the Company will be able to raise capital on terms acceptable to the Company or at all, or that cash flows generated from its operations will be sufficient to meet its current operating costs. If the Company is unable to obtain sufficient amounts of additional capital, it may be required to reduce the scope of its planned development, which could harm its financial condition and operating results, or it may not be able to continue to fund its ongoing operations. If management is unable to execute its planned debt and equity financing initiatives, these conditions raise substantial doubt about the Company’s ability to continue as a going concern to sustain operations for at least one year from the issuance of these condensed consolidated financial statements. The accompanying condensed consolidated financial statements do not include any adjustments that might result from the outcome of these uncertainties.</p> | ||
CY2023Q2 | us-gaap |
Other Investments
OtherInvestments
|
12400000 | usd |
CY2023Q2 | us-gaap |
Debt Securities
DebtSecurities
|
59300000 | usd |
us-gaap |
Debt Securities Held To Maturity Purchase
DebtSecuritiesHeldToMaturityPurchase
|
42100000 | usd | |
hofv |
Debt Fee Percentage
DebtFeePercentage
|
0.01 | pure | |
CY2023Q1 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
2400 | shares |
CY2023Q1 | us-gaap |
Preferred Stock Dividend Rate Percentage
PreferredStockDividendRatePercentage
|
0.07 | pure |
CY2023Q1 | us-gaap |
Preferred Stock Liquidation Preference
PreferredStockLiquidationPreference
|
0.0001 | |
CY2023Q1 | hofv |
Aggregate Purchase Price
AggregatePurchasePrice
|
2400000 | usd |
CY2023Q1 | us-gaap |
Principal Amount Outstanding On Loans Securitized
PrincipalAmountOutstandingOnLoansSecuritized
|
18100000 | usd |
us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="text-decoration:underline">Reclassification</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Certain financial statement line items of the Company’s historical presentation have been reclassified to conform to the corresponding financial statement line items in 2023. These reclassifications have no material impact on the historical operating loss, net loss, total assets, total liabilities, or Stockholders’ equity previously reported.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"> </p> | ||
us-gaap |
Use Of Estimates
UseOfEstimates
|
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="text-decoration:underline">Use of Estimates</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The preparation of the unaudited condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. The most significant estimates and assumptions for the Company relate to bad debt, depreciation, costs capitalized to project development costs, useful lives of long-lived assets, potential impairment, accounting for debt modifications and extinguishments, stock-based compensation, and fair value of financial instruments (including the fair value of the Company’s warrant liability). Management adjusts such estimates when facts and circumstances dictate. Actual results could differ from those estimates.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b> </b></p> | ||
CY2023Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
CY2023Q2 | us-gaap |
Restricted Cash Current
RestrictedCashCurrent
|
7543499 | usd |
CY2022Q4 | us-gaap |
Restricted Cash Current
RestrictedCashCurrent
|
7499835 | usd |
CY2023Q2 | us-gaap |
Held To Maturity Securities
HeldToMaturitySecurities
|
12359877 | usd |
CY2022Q4 | us-gaap |
Held To Maturity Securities
HeldToMaturitySecurities
|
17033515 | usd |
us-gaap |
Debt Securities Available For Sale Gain Loss
DebtSecuritiesAvailableForSaleGainLoss
|
5751000 | usd | |
CY2022 | us-gaap |
Debt Securities Available For Sale Gain Loss
DebtSecuritiesAvailableForSaleGainLoss
|
4067754 | usd |
CY2023Q2 | us-gaap |
Allowance For Doubtful Accounts Premiums And Other Receivables
AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables
|
7911440 | usd |
CY2022Q4 | us-gaap |
Allowance For Doubtful Accounts Premiums And Other Receivables
AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables
|
5575700 | usd |
CY2023Q2 | us-gaap |
Film Costs
FilmCosts
|
0 | usd |
us-gaap |
Payments For Film Costs
PaymentsForFilmCosts
|
1305000 | usd | |
us-gaap |
Payments For Film Costs
PaymentsForFilmCosts
|
0 | usd | |
us-gaap |
Impairment Of Leasehold
ImpairmentOfLeasehold
|
1145000 | usd | |
us-gaap |
Impairment Of Leasehold
ImpairmentOfLeasehold
|
0 | usd | |
CY2023Q2 | us-gaap |
Fair Value Net Asset Liability
FairValueNetAssetLiability
|
1372000 | usd |
CY2022Q4 | us-gaap |
Fair Value Net Asset Liability
FairValueNetAssetLiability
|
911000 | usd |
CY2023Q2 | us-gaap |
Interest Rate Fair Value Hedge Liability At Fair Value
InterestRateFairValueHedgeLiabilityAtFairValue
|
240000 | usd |
CY2022Q4 | us-gaap |
Interest Rate Fair Value Hedge Liability At Fair Value
InterestRateFairValueHedgeLiabilityAtFairValue
|
200000 | usd |
CY2023Q2 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
5751000 | usd |
CY2022Q4 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
4067754 | usd |
CY2022Q4 | hofv |
Fair Value Warrant Liabilities
FairValueWarrantLiabilities
|
911000 | usd |
hofv |
Change In Fair Value Outstanding
ChangeInFairValueOutstanding
|
461000 | usd | |
CY2023Q2 | hofv |
Fair Value Warrant Liabilities
FairValueWarrantLiabilities
|
1372000 | usd |
hofv |
Total Potentially Dilutive Securities
TotalPotentiallyDilutiveSecurities
|
6102409 | shares | |
hofv |
Total Potentially Dilutive Securities
TotalPotentiallyDilutiveSecurities
|
3702693 | shares | |
CY2023Q2 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
438539943 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
310503989 | usd |
CY2023Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
67603572 | usd |
CY2022Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
61677136 | usd |
CY2023Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
370936371 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
248826853 | usd |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
31779847 | usd | |
CY2022 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
140138924 | usd |
CY2023Q2 | us-gaap |
Depreciation Expense On Reclassified Assets
DepreciationExpenseOnReclassifiedAssets
|
3373076 | usd |
CY2022Q2 | us-gaap |
Depreciation Expense On Reclassified Assets
DepreciationExpenseOnReclassifiedAssets
|
3527581 | usd |
hofv |
Depreciation Expenses
DepreciationExpenses
|
5926436 | usd | |
hofv |
Depreciation Expenses
DepreciationExpenses
|
6769866 | usd | |
us-gaap |
Capitalized Costs Of Unproved Properties Excluded From Amortization
CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortization
|
19676877 | usd | |
us-gaap |
Capitalized Costs Of Unproved Properties Excluded From Amortization
CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortization
|
40022805 | usd | |
us-gaap |
Property Plant And Equipment Transfers And Changes
PropertyPlantAndEquipmentTransfersAndChanges
|
127045169 | usd | |
us-gaap |
Property Plant And Equipment Transfers And Changes
PropertyPlantAndEquipmentTransfersAndChanges
|
0 | usd | |
CY2023Q2 | us-gaap |
Theatrical Film Costs Development
TheatricalFilmCostsDevelopment
|
200000 | usd |
CY2022Q4 | us-gaap |
Theatrical Film Costs Development
TheatricalFilmCostsDevelopment
|
982000 | usd |
CY2023Q2 | hofv |
Notes Payable Gross
NotesPayableGross
|
208964760 | usd |
CY2023Q2 | us-gaap |
Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
|
13693923 | usd |
CY2023Q2 | hofv |
Notes Payables
NotesPayables
|
195270837 | usd |
CY2022Q4 | hofv |
Notes Payable Gross
NotesPayableGross
|
185195572 | usd |
CY2022Q4 | us-gaap |
Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
|
13879712 | usd |
CY2022Q4 | hofv |
Notes Payables
NotesPayables
|
171315860 | usd |
CY2023Q2 | us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
-882240 | usd |
CY2022Q2 | us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
1122324 | usd |
us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
1738131 | usd | |
us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
2478298 | usd | |
us-gaap |
Interest Income Operating Paid In Kind
InterestIncomeOperatingPaidInKind
|
2282040 | usd | |
us-gaap |
Interest Income Operating Paid In Kind
InterestIncomeOperatingPaidInKind
|
1681722 | usd | |
hofv |
Redeemed Cash
RedeemedCash
|
P5Y | ||
us-gaap |
Derivative Average Remaining Maturity1
DerivativeAverageRemainingMaturity1
|
P3Y | ||
CY2023Q2 | us-gaap |
Long Term Debt Maturity Date
LongTermDebtMaturityDate
|
2030-07-01 | |
CY2022Q1 | us-gaap |
Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
|
7400000 | usd |
CY2023Q2 | us-gaap |
Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
1360235 | usd |
CY2022Q4 | us-gaap |
Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
966062 | usd |
us-gaap |
Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
|
10030000 | usd | |
us-gaap |
Sale Leaseback Transaction Imputed Interest Rate
SaleLeasebackTransactionImputedInterestRate
|
0.052 | pure | |
CY2022Q4 | us-gaap |
Investment Company Fee Paid Indirectly
InvestmentCompanyFeePaidIndirectly
|
9700000 | usd |
CY2023Q1 | us-gaap |
Debt Instrument Face Amount
DebtInstrumentFaceAmount
|
18100000 | usd |
CY2023Q1 | us-gaap |
Buildings And Improvements Gross
BuildingsAndImprovementsGross
|
6800000 | usd |
CY2023Q2 | us-gaap |
Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
|
0.10 | pure |
us-gaap |
Debt Instrument Periodic Payment Principal
DebtInstrumentPeriodicPaymentPrincipal
|
1810000 | usd | |
CY2022Q4 | us-gaap |
Debt Instrument Maturity Date
DebtInstrumentMaturityDate
|
2024-03-31 | |
CY2023Q2 | us-gaap |
Financing Receivable Deferred Income
FinancingReceivableDeferredIncome
|
28000000 | usd |
CY2022Q4 | us-gaap |
Loans Held For Sale Maturity Date
LoansHeldForSaleMaturityDate
|
2025-03-31 | |
CY2022Q4 | us-gaap |
Property Management Fee Percent Fee
PropertyManagementFeePercentFee
|
0.01 | pure |
us-gaap |
Stock Dividends Shares
StockDividendsShares
|
90909 | shares | |
us-gaap |
Debt Instrument Interest Rate Increase Decrease
DebtInstrumentInterestRateIncreaseDecrease
|
0.125 | pure | |
CY2023Q2 | us-gaap |
Debt Instrument Convertible Conversion Price1
DebtInstrumentConvertibleConversionPrice1
|
12.77 | |
CY2023Q2 | us-gaap |
Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Exercise Price1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1
|
12.77 | |
hofv |
Agreement
Agreement
|
0.1999 | pure | |
hofv |
Note Payable Description
NotePayableDescription
|
(i) issuance of shares of Common Stock in excess of the Nasdaq 19.99% Cap to IRG Affiliate Lenders with respect to transactions described in the IRG Letter Agreement; and (ii) the issuance to an entity wholly owned by a director of additional shares of Common Stock issuable upon the conversion of certain convertible debt and the exercise of certain warrants described in the IRG Letter Agreement. | ||
CY2022Q2 | us-gaap |
Stockholders Equity Other Shares
StockholdersEquityOtherShares
|
5681 | shares |
CY2022Q2 | hofv |
Exercisable Term
ExercisableTerm
|
P1Y | |
CY2022Q3 | hofv |
Lender Loan
LenderLoan
|
10000000 | usd |
CY2022Q3 | us-gaap |
Derivative Notional Amount
DerivativeNotionalAmount
|
10000000 | usd |
CY2022Q3 | us-gaap |
Investment Interest Rate
InvestmentInterestRate
|
0.04 | pure |
CY2023Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
15961612 | usd |
CY2023Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
|
47393467 | usd |
CY2023Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
|
32220218 | usd |
CY2023Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
|
3628667 | usd |
CY2023Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
|
7465957 | usd |
CY2023Q2 | us-gaap |
Capital Leases Future Minimum Payments Due Thereafter
CapitalLeasesFutureMinimumPaymentsDueThereafter
|
102294839 | usd |
CY2023Q2 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
208964760 | usd |
CY2023Q2 | us-gaap |
Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
|
13693923 | usd |
CY2023Q2 | us-gaap |
Long Term Debt
LongTermDebt
|
195270837 | usd |
hofv |
Aggregate Amounts
AggregateAmounts
|
118344 | usd | |
CY2020Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.0001 | |
CY2023Q2 | hofv |
Number Of Shares
NumberOfShares
|
275000 | shares |
hofv |
Shares Sold
SharesSold
|
4878 | shares | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
11088 | shares | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodIntrinsicValue
|
8.16 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
|
11088 | shares | |
hofv |
Weighted Average Grant Date Fair Value Vested
WeightedAverageGrantDateFairValueVested
|
8.16 | ||
CY2023Q2 | us-gaap |
Shares Held In Employee Stock Option Plan Committed To Be Released
SharesHeldInEmployeeStockOptionPlanCommittedToBeReleased
|
6032 | shares |
us-gaap |
Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
|
1343041 | usd | |
us-gaap |
Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
|
1088959 | usd | |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
2003649 | shares |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
149.09 | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P2Y10M9D | ||
CY2023Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
2003649 | shares |
CY2023Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
149.09 | |
hofv |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2 Ending Balance
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2EndingBalance
|
P2Y4M9D | ||
CY2023Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
2003649 | shares |
CY2023Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
149.09 | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
|
P2Y4M9D | ||
us-gaap |
Stock Option Exercise Price Increase
StockOptionExercisePriceIncrease
|
151.8 | ||
CY2022Q4 | us-gaap |
Stock Option Exercise Price Increase
StockOptionExercisePriceIncrease
|
12.77 | |
hofv |
Relative Rights Of Equity Percentage
RelativeRightsOfEquityPercentage
|
0.07 | pure | |
CY2023Q1 | us-gaap |
Preferred Stock Redemption Price Per Share
PreferredStockRedemptionPricePerShare
|
1000 | |
CY2023Q1 | hofv |
Purchase Of Aggregate Amount
PurchaseOfAggregateAmount
|
1600000 | usd |
CY2023Q1 | us-gaap |
Excess Stock Shares Issued
ExcessStockSharesIssued
|
800 | shares |
CY2023Q1 | us-gaap |
Stock Option Exercise Price Increase
StockOptionExercisePriceIncrease
|
1000 | |
CY2023Q1 | us-gaap |
Preferred Stock Amount Of Preferred Dividends In Arrears
PreferredStockAmountOfPreferredDividendsInArrears
|
800000 | usd |
CY2023Q2 | us-gaap |
Excess Stock Shares Issued
ExcessStockSharesIssued
|
800 | shares |
CY2023Q2 | hofv |
Relative Rights Of Equity Percentage
RelativeRightsOfEquityPercentage
|
0.07 | pure |
CY2023Q2 | us-gaap |
Preferred Stock Redemption Price Per Share
PreferredStockRedemptionPricePerShare
|
0.0001 | |
CY2023Q2 | us-gaap |
Stock Option Exercise Price Increase
StockOptionExercisePriceIncrease
|
1000 | |
CY2023Q2 | hofv |
Aggregate Purchase Price
AggregatePurchasePrice
|
800000 | usd |
CY2022Q2 | hofv |
Issuance Of Restricted Stock Units Per Share
IssuanceOfRestrictedStockUnitsPerShare
|
0.0001 | |
CY2023Q1 | us-gaap |
Sale Of Stock Number Of Shares Issued In Transaction
SaleOfStockNumberOfSharesIssuedInTransaction
|
110000 | shares |
CY2020Q3 | hofv |
Agreement Year
AgreementYear
|
P1Y | |
CY2020Q3 | us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
750000 | usd |
CY2020Q4 | us-gaap |
Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
|
217000000 | usd |
CY2022Q2 | hofv |
Received Amount
ReceivedAmount
|
4750000 | usd |
us-gaap |
Premiums Receivable Allowance For Doubtful Accounts Write Offs Against Allowance
PremiumsReceivableAllowanceForDoubtfulAccountsWriteOffsAgainstAllowance
|
7187500 | usd | |
CY2022 | us-gaap |
Premiums Receivable Allowance For Doubtful Accounts Write Offs Against Allowance
PremiumsReceivableAllowanceForDoubtfulAccountsWriteOffsAgainstAllowance
|
4812500 | usd |
us-gaap |
Assets Under Management Average Balance
AssetsUnderManagementAverageBalance
|
8697917 | usd | |
CY2022 | us-gaap |
Assets Under Management Average Balance
AssetsUnderManagementAverageBalance
|
6635417 | usd |
CY2023Q2 | us-gaap |
Deferred Income Revenue Recognized
DeferredIncomeRevenueRecognized
|
691236 | usd |
CY2022Q2 | us-gaap |
Deferred Income Revenue Recognized
DeferredIncomeRevenueRecognized
|
452772 | usd |
us-gaap |
Deferred Income Revenue Recognized
DeferredIncomeRevenueRecognized
|
1364711 | usd | |
us-gaap |
Deferred Income Revenue Recognized
DeferredIncomeRevenueRecognized
|
1272062 | usd | |
CY2019Q4 | us-gaap |
Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
|
0.0275 | pure |
CY2019Q4 | hofv |
Agreement Percentage
AgreementPercentage
|
0.02 | pure |
CY2019Q4 | hofv |
Base Management Fees
BaseManagementFees
|
10000 | usd |
hofv |
Commencement Date
CommencementDate
|
2024-10-22 | ||
us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
55251 | usd | |
us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
32844 | usd | |
us-gaap |
Insurance Agency Management Fee
InsuranceAgencyManagementFee
|
100751 | usd | |
us-gaap |
Insurance Agency Management Fee
InsuranceAgencyManagementFee
|
62844 | usd | |
CY2021Q1 | us-gaap |
Escrow Deposit
EscrowDeposit
|
2000000 | usd |
CY2021Q2 | us-gaap |
Retail Land Sales Installment Method Sales Value
RetailLandSalesInstallmentMethodSalesValue
|
103095 | usd |
CY2022Q3 | hofv |
Agreement Term
AgreementTerm
|
P10Y | |
us-gaap |
Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
|
262500 | usd | |
CY2023Q2 | us-gaap |
Inventory Valuation Reserves
InventoryValuationReserves
|
3652119 | usd |
CY2022Q4 | us-gaap |
Inventory Valuation Reserves
InventoryValuationReserves
|
3511185 | usd |
CY2023Q2 | us-gaap |
Deferred Revenue
DeferredRevenue
|
9276086 | usd |
CY2022Q4 | us-gaap |
Deferred Revenue
DeferredRevenue
|
6867970 | usd |
hofv |
Deposits And Other Liabilities
DepositsAndOtherLiabilities
|
290637 | usd | |
CY2022 | hofv |
Deposits And Other Liabilities
DepositsAndOtherLiabilities
|
300549 | usd |
CY2023Q2 | us-gaap |
Other Liabilities
OtherLiabilities
|
13218842 | usd |
CY2022Q4 | us-gaap |
Other Liabilities
OtherLiabilities
|
10679704 | usd |
us-gaap |
Loss Contingency Disclosures
LossContingencyDisclosures
|
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b>Note 8: Contingencies</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 27pt; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">During the normal course of its business, the Company is subject to occasional legal proceedings and claims. The Company does not have any pending litigation that, separately or in the aggregate, would, in the opinion of management, have a material adverse effect on its results of operations, financial condition, or cash flows.</p> | ||
CY2023Q2 | hofv |
Due To Related Parties Current1
DueToRelatedPartiesCurrent1
|
399318 | usd |
CY2022Q4 | hofv |
Due To Related Parties Current1
DueToRelatedPartiesCurrent1
|
855485 | usd |
CY2023Q2 | hofv |
Percentage Of Development Costs
PercentageOfDevelopmentCosts
|
0.04 | pure |
hofv |
Annual Fees
AnnualFees
|
600000 | usd | |
CY2023Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
|
300000 | usd |
CY2023Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
600000 | usd |
CY2023Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
600000 | usd |
CY2023Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
600000 | usd |
CY2023Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
|
600000 | usd |
CY2023Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
|
6750000 | usd |
CY2023Q2 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
9450000 | usd |
CY2023Q1 | hofv |
Proceeds From License Fees Paid
ProceedsFromLicenseFeesPaid
|
0 | usd |
CY2022Q1 | hofv |
Proceeds From License Fees Paid
ProceedsFromLicenseFeesPaid
|
318750 | usd |
hofv |
Proceeds From License Fees Paid
ProceedsFromLicenseFeesPaid
|
300000 | usd | |
hofv |
Proceeds From License Fees Paid
ProceedsFromLicenseFeesPaid
|
318750 | usd | |
CY2023Q2 | us-gaap |
Area Of Land
AreaOfLand
|
1.64 | sqm |
hofv |
Hotel Construction Loan Description
HotelConstructionLoanDescription
|
(a) a first priority perfected mortgage encumbering the Hotel Property; (b) a first priority perfected assignment of leases and rents with respect to the Hotel Property; (c) a first priority perfected assignment of all permits, licenses, entitlements, approvals, and contracts with respect to the Hotel Property; (d) UCC-1 financing statements (all personal property, fixture filing and accounts and reserves); (e) equity pledge; and (f) all other agreements and assurances customary in similar financings by IRGInc. The Hotel Construction Loan will bear interest at a variable rate per annum equal to the one-month Term SOFR plus 6%, subject to a SOFR floor equal to the greater of (i) 4% and (ii) prevailing SOFR at closing of the Hotel Construction Loan. Payments of interest only will be made during the initial two-year term, with a payments of principal and interest based on a 25-year amortization during the extension term, if applicable. Hotel will pay 1% of the Hotel Construction Loan amount as an origination fee, payable in full at closing. The Hotel Construction Loan definitive documentation will have representations, warranties and events of default usual and customary for such type of loan. | ||
us-gaap |
Payments For Fees
PaymentsForFees
|
4500000 | usd | |
CY2023Q2 | us-gaap |
Shares Issued
SharesIssued
|
90909 | shares |
CY2023Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
hofv |
Percentage Of Bear Interest
PercentageOfBearInterest
|
0.125 | pure | |
hofv |
Accrued Interest Percentage
AccruedInterestPercentage
|
0.08 | pure | |
CY2023Q2 | us-gaap |
Sale Of Stock Price Per Share
SaleOfStockPricePerShare
|
12.77 | |
hofv |
Membership Interest
MembershipInterest
|
1 | pure | |
hofv |
Contractual Percentage
ContractualPercentage
|
0.25 | pure | |
hofv |
Irg Letter Agreement Description
IRGLetterAgreementDescription
|
IRGLLC and the Company agreed to comply with all federal and state securities laws and Nasdaq listing rules and to insert “blocker” provisions for the above-described re-pricing of the warrants and the conversion provisions, such that the total cumulative number of shares of Common Stock that may be issued to IRGLLC and its affiliated and related parties pursuant to the IRG Letter Agreement may not exceed the requirements of Nasdaq Listing Rule 5635(d) (“Nasdaq 19.99% Cap”), except that such limitation will not apply following approval of the Company’s stockholders. In addition, the provisions of the IRG Letter Agreement are limited by Nasdaq Listing Rule 5635(c). | ||
us-gaap |
Related Party Transaction Effects Of Any Change In Method Of Establishing Terms
RelatedPartyTransactionEffectsOfAnyChangeInMethodOfEstablishingTerms
|
(i) issuance of shares of Common Stock in excess of the Nasdaq 19.99% Cap to IRG Affiliate Lenders with respect to transactions described in the IRG Letter Agreement; and (ii) the issuance to an entity wholly owned by a director of additional shares of Common Stock issuable upon the conversion of certain convertible debt and the exercise of certain warrants described in the IRG Letter Agreement. | ||
us-gaap |
Concentration Risk Customer
ConcentrationRiskCustomer
|
10% | ||
CY2022 | us-gaap |
Concentration Risk Customer
ConcentrationRiskCustomer
|
10% | |
us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
258416 | usd | |
us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
258184 | usd | |
us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
159149 | usd | |
us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
158083 | usd | |
CY2023Q2 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P91Y2M12D | |
CY2022Q2 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P92Y10D | |
CY2023Q2 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.10 | pure |
CY2022Q2 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.10 | pure |
CY2023Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
159149 | usd |
CY2023Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
311900 | usd |
CY2023Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
311900 | usd |
CY2023Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
311900 | usd |
CY2023Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
|
311900 | usd |
CY2023Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
|
41125000 | usd |
CY2023Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
42531749 | usd |
CY2023Q2 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
39109575 | usd |
CY2023Q2 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
3422174 | usd |
CY2023Q2 | us-gaap |
Percentage Rent
PercentageRent
|
82611 | usd |
CY2022Q2 | us-gaap |
Percentage Rent
PercentageRent
|
6200 | usd |
us-gaap |
Percentage Rent
PercentageRent
|
177151 | usd | |
us-gaap |
Percentage Rent
PercentageRent
|
14318 | usd | |
CY2023Q2 | us-gaap |
Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
|
328369 | usd |
CY2023Q2 | us-gaap |
Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
|
645438 | usd |
CY2023Q2 | us-gaap |
Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
|
641542 | usd |
CY2023Q2 | us-gaap |
Operating Leases Future Minimum Payments Due In Two And Three Years
OperatingLeasesFutureMinimumPaymentsDueInTwoAndThreeYears
|
640962 | usd |
CY2023Q2 | us-gaap |
Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
|
619495 | usd |
CY2023Q2 | us-gaap |
Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
|
2972365 | usd |
CY2023Q2 | us-gaap |
Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
|
5848171 | usd |
CY2022Q3 | us-gaap |
Sale Leaseback Transaction Lease Term
SaleLeasebackTransactionLeaseTerm
|
P99Y | |
CY2022Q3 | us-gaap |
Payments For Rent
PaymentsForRent
|
307125 | usd |
CY2022Q3 | hofv |
Annual Increases
AnnualIncreases
|
0.02 | pure |
CY2022Q4 | us-gaap |
Payments For Rent
PaymentsForRent
|
4375000 | usd |
CY2023Q2 | us-gaap |
Lessee Finance Lease Discount Rate
LesseeFinanceLeaseDiscountRate
|
0.1025 | pure |
us-gaap |
Financing Interest Expense
FinancingInterestExpense
|
61299829 | usd | |
us-gaap |
Lease Cost
LeaseCost
|
2201892776 | usd | |
hofv |
Standardized Measure Of Discounted Futures Net Cash Flow Of Proved Oil And Gas Reserves Other
StandardizedMeasureOfDiscountedFuturesNetCashFlowOfProvedOilAndGasReservesOther
|
2140592947 | usd | |
CY2022 | us-gaap |
Financing Interest Expense
FinancingInterestExpense
|
60087907 | usd |
CY2022 | us-gaap |
Lease Cost
LeaseCost
|
2204080276 | usd |
CY2022 | hofv |
Standardized Measure Of Discounted Futures Net Cash Flow Of Proved Oil And Gas Reserves Other
StandardizedMeasureOfDiscountedFuturesNetCashFlowOfProvedOilAndGasReservesOther
|
2143992369 | usd |
CY2022Q4 | us-gaap |
Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
|
1832031 | usd |
CY2022Q4 | us-gaap |
Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
|
4672544 | usd |
CY2022Q4 | us-gaap |
Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
|
5865396 | usd |
CY2022 | hofv |
Lessee Operating Lease Liability Payments Due After Year Six
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearSix
|
6005734 | usd |
CY2022Q4 | hofv |
Lessee Operating Lease Liability Payments Due Year Seven
LesseeOperatingLeaseLiabilityPaymentsDueYearSeven
|
6149455 | usd |
CY2022Q4 | us-gaap |
Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
|
2177367616 | usd |
CY2022Q4 | us-gaap |
Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
|
2201892776 | usd |
CY2022Q4 | hofv |
Imputed Interest
ImputedInterest
|
-2140592947 | usd |
CY2022 | hofv |
Lessee Operating Lease Liability Payments Due Total
LesseeOperatingLeaseLiabilityPaymentsDueTotal
|
61299829 | usd |
CY2023Q2 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
usd | |
CY2022Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
usd | |
CY2023Q2 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
usd | |
CY2023Q2 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
shares | |
CY2022Q2 | us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
usd | |
us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
usd | ||
CY2022Q2 | us-gaap |
Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
|
usd | |
us-gaap |
Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
|
usd | ||
CY2023Q1 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
|
usd | |
CY2023Q1 | us-gaap |
Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
usd | |
CY2023Q1 | hofv |
Amount Paid For Fractional Shares
AmountPaidForFractionalShares
|
usd | |
CY2023Q2 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
|
usd | |
CY2023Q2 | us-gaap |
Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
usd | |
CY2022Q1 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
|
usd | |
CY2022Q1 | us-gaap |
Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
usd | |
CY2022Q1 | hofv |
Stock Issued During Period Value Of Preferred Stock Dividends
StockIssuedDuringPeriodValueOfPreferredStockDividends
|
usd | |
CY2022Q2 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
|
usd | |
CY2022Q2 | us-gaap |
Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
usd | |
hofv |
Amortization Of Financing Liability
AmortizationOfFinancingLiability
|
usd | ||
us-gaap |
Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
|
usd | ||
us-gaap |
Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
|
usd | ||
us-gaap |
Extinguishment Of Debt Gain Loss Income Tax
ExtinguishmentOfDebtGainLossIncomeTax
|
usd | ||
us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
usd | ||
us-gaap |
Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
|
usd | ||
us-gaap |
Payments To Acquire Held To Maturity Securities
PaymentsToAcquireHeldToMaturitySecurities
|
usd | ||
us-gaap |
Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
usd | ||
us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
usd | ||
us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
usd | ||
us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
usd | ||
hofv |
Project Development Cost Acquired Through Accounts Payable And Accrued Expenses Net
ProjectDevelopmentCostAcquiredThroughAccountsPayableAndAccruedExpensesNet
|
usd | ||
hofv |
Amendment Of Series C Warrant Liability For Equity Classification
AmendmentOfSeriesCWarrantLiabilityForEquityClassification
|
usd | ||
hofv |
Amendment Of Series C And D Warrants
AmendmentOfSeriesCAndDWarrants
|
usd | ||
hofv |
Initial Value Of Right Of Use Asset Upon Adoption Of Asc842
InitialValueOfRightOfUseAssetUponAdoptionOfASC842
|
usd | ||
hofv |
Shares Issued In Connection With Amendment Of Notes Payable
SharesIssuedInConnectionWithAmendmentOfNotesPayable
|
usd | ||
hofv |
Warrants Issued In Connection With Amendment Of Notes Payable
WarrantsIssuedInConnectionWithAmendmentOfNotesPayable
|
usd | ||
hofv |
Amounts Due To Affiliate Exchanged For Note Payable
AmountsDueToAffiliateExchangedForNotePayable
|
usd | ||
hofv |
Shares Issued In Connection With Issuance Of Notes Payable
SharesIssuedInConnectionWithIssuanceOfNotesPayable
|
usd | ||
hofv |
Warrants Issued In Connection With Issuance Of Notes Payable
WarrantsIssuedInConnectionWithIssuanceOfNotesPayable
|
usd | ||
CY2022Q4 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
|
shares | |
CY2022Q4 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
|
||
CY2023Q2 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
|
shares | |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
usd | |
CY2023Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
usd | |
CY2023Q2 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
|
usd | |
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q2 | ||
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001708176 |