Harbor Custom Development
commentary solid execution despite moderation in demand environment sales increase of year over year gross loss of million compared to million in prior year comparable period incurred impairment losses of million at pacific ridge and which were the primary drivers of the gross loss in the period cost management and balance sheet to support growth implemented further actions to improve operating posture and drive cost reductions operating expense decreased in from the comparable period closed million gross public offering provides capital to support operations and execute our strategy near term momentum remains solid closed mills crossing family in june family rent up at pacific ridge and phase progressing six completed homes in hills creek and summit rock communities listed for sale closed two homes five lots and four lots during the quarter exploring sale and construction opportunities for bridge view trail entitled land project corporate update appointed as interim chief executive officer and interim president effective appointed as chief accounting officer effective | Harbor Custom Development
Company
Deck Type
Sector
Industry
Deck date
August 2023
Slide
5 of 19
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