Dream Finders Homes Inc
For the period ended Dec 31, 2023. Filed Feb 29, 2024.
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FY2023 · Filed Feb 29, 2024
DFH$12.86+3.7%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
(In thousands, except per share and share amounts)
| December 31,2023 | December 31,2022 | |
|---|---|---|
| Assets | ||
| Cash and cash equivalents | $494,145 | $364,531 |
| Restricted cash | 54,311 | 30,599 |
| Accounts receivable | 30,874 | 43,490 |
| Inventories | 1,440,249 | 1,378,185 |
| Lot deposits | 247,207 | 277,258 |
| Other assets | 80,759 | 59,438 |
| Investments in unconsolidated entities | 15,364 | 14,008 |
| Property and equipment, net | 7,043 | 7,337 |
| Right-of-use assets | 20,280 | 24,084 |
| Goodwill | 172,207 | 172,207 |
| Total assets | $2,562,439 | $2,371,137 |
| Liabilities | ||
| Accounts payable | $134,115 | $134,702 |
| Accrued expenses | 207,389 | 184,051 |
| Customer deposits | 172,574 | 145,654 |
| Construction lines of credit | 530,384 | 966,248 |
| Senior unsecured notes, net | 293,918 | — |
| Lease liabilities | 21,114 | 24,661 |
| Contingent consideration | 116,795 | 115,128 |
| Total liabilities | 1,476,289 | 1,570,444 |
| Commitments and contingencies (Note 5) | ||
| Mezzanine Equity | ||
| Preferred mezzanine equity | 148,500 | 156,045 |
| Stockholders’ Equity | ||
| Class A common stock, $0.01 per share, 289,000,000 authorized, 32,882,124 and 32,533,883 outstanding as of December 31, 2023 and December 31, 2022, respectively | 329 | 325 |
| Class B common stock, $0.01 per share, 61,000,000 authorized, 60,226,153 outstanding | 602 | 602 |
| Additional paid-in capital | 275,241 | 264,757 |
| Retained earnings | 648,412 | 365,994 |
| Noncontrolling interests | 13,066 | 12,970 |
| Total mezzanine and stockholders’ equity | 1,086,150 | 800,693 |
| Total liabilities, mezzanine equity and stockholders’ equity | $2,562,439 | $2,371,137 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.