ADDED
cphc20251231_10k.htm 0001672909 Canterbury Park Holding Corp false --12-31 FY 2025 The Company utilizes a cross-functional, multilayered approach to risk management in its cybersecurity to identify, prevent, and mitigate cybersecurity threats to the Company designed to preserve the confidentiality, security, and integrity of the Company s information and data.
The Company s security program and IT-related controls are regularly examined by internal auditors and various regulators.
The Company s security program and IT-related controls are regularly examined by internal auditors and various regulators.
The Company s security program and IT-related controls are regularly examined by internal auditors and various regulators.
true true true true false 7,670 7,670 0.01 0.01 10,000,000 10,000,000 5,121,331 5,121,331 5,036,717 5,036,717 1,489 300 6 0 0 December 31, 2040 6 0 0 0 0 1 4 4 5 4 2,739 3,552 7,755 5,016 7,750 2,205 1,923 766 http://fasb.org/us-gaap/2025#PrimeRateMember 2 false false false false true false Finance lease assets are net of accumulated amortization of $30,779 and $118,424 for the years ended December 31, 2024 and 2023, respectively.
Finance lease assets are net of accumulated amortization of $63,729 and $30,779 for the years ended December 31, 2025 and 2024, respectively.
On March 9, 2026, the Company h a d 5,123,785 sh ar es of common stock, $.01 par value, outstanding.
For the year ended December 31, 2025 , revenues from Casino operations represented 62.3% of total net revenues, wagering on horse races represented 12.9% of total net revenues, and food and beverage revenue represented 13.8% of total net revenues.
In 2025, the Company had one day of live racing cancelled and one other day shortened due to inclement weather.
The remaining 90% of purse monies are divided between thoroughbred and quarter horse purse funds, the split of which is governed by an agreement that we negotiate annually with the MNHBPA and the MQHRA .
REMOVED
cphc20241231_10k.htm 0001672909 Canterbury Park Holding Corp false --12-31 FY 2024 true true true true false 7,670 7,670 0.01 0.01 10,000,000 10,000,000 5,036,717 5,036,717 4,962,573 4,962,573 6 0 0 6 0 0 0 0 1 4 4 0 5 4 http://fasb.org/us-gaap/2024#PrimeRateMember 2 false false false false Finance lease assets are net of accumulated amortization of $22,968 and $118,424 as of September 30, 2024 and December 31, 2023, respectively.
Finance lease assets are net of accumulated amortization of $30,779 and $118,424 for the years ended December 31, 2024 and 2023, respectively.
On March 10, 2025, the Company ha d 5,039,155 sh ares of common stock, $.01 par value, outstanding.
For the year ended December 31, 2024 , revenues from Casino operations represented 63.0% of total net revenues, wagering on horse races represented 13.4% of total net revenues, and food and beverage revenue represented 12.9% of total net revenues.
In 2023, the Company had one day of live racing cancelled and two other days shortened due to inclement weather.
The remaining 90% of purse monies are divided between thoroughbred (95%) and quarter horse (5%) purse funds.
The Casino offers tableside menu service generally 24 hours a day.
Our event space has been used for craft shows, trade shows, pool and poker tournaments, automobile and other utility vehicle shows, major art shows, and fundraisers.
Our outdoor spaces have been used for concerts, snowmobile races, a rodeo, and other competitions.
The land is being used for the development of a new, 28,000 square foot office building, which is expected to begin operations in July 2025.