As of September 30, 2024, Diamondhead Casino Corporation reported total assets of $5.6 million and total liabilities of $19.9 million, resulting in a stockholders' deficit of $14.2 million. The company's cash and cash equivalents decreased to $219,864 from $426,124 as of December 31, 2023.

For the three months ended September 30, 2024, Diamondhead incurred a net loss of $416,263, which is a slight increase from a net loss of $385,506 for the same period in 2023. Over the nine months ended September 30, 2024, the net loss applicable to common stockholders was $1.4 million, up from $1.3 million in the same period of the previous year. Total costs and expenses for the nine months ended September 30, 2024, rose to $690,198, compared to $640,807 in 2023. Interest expenses also increased, totaling $645,802 for the nine months ended September 30, 2024, compared to $609,968 in the prior year.

The company has accumulated a deficit of $48.3 million as of September 30, 2024. Accounts payable and accrued expenses stood at $14.7 million at the same date. In response to ongoing financial challenges, Diamondhead is exploring options to sell part or all of its Diamondhead Property. The company has engaged a commercial real estate brokerage firm to assist in this endeavor, either through a sale of the property or by finding equity investors.