Harbor Custom Development (HCDPQ) S-1 14 Apr 21 IPO registration Financial data

Document and Entity Information

Document and Entity Information	12 Months Ended
	Dec. 31, 2020
Cover [Abstract]
Entity Registrant Name	Harbor Custom Development, Inc.
Entity Central Index Key	0001784567
Document Type	S-1
Amendment Flag	false
Entity Filer Category	Non-accelerated Filer
Entity Small Business Flag	true
Entity Emerging Growth Company	true
Entity Ex-Transition Period	false

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Dec. 31, 2020	Dec. 31, 2019
ASSETS
Real Estate	$ 20,370,300	$ 24,826,700
Property, Plant and Equipment, net	8,176,000	5,071,900
Cash	2,396,500	430,000
Prepaid Expense	1,658,000	117,600
Right of Use Assets	873,800	1,132,700
Accounts Receivable, net	78,200	11,800
Deferred Offering Costs	65,100
Deferred Tax Asset		171,600
TOTAL ASSETS	33,617,900	31,762,300
LIABILITIES
Construction Loans, net of Debt Discount of $502,400 and $148,400 , respectively	9,590,100	9,499,300
Construction Loans - Related Parties, net of Debt Discount of $670,200 and $853,800, respectively	5,819,700	14,523,200
Equipment Loans	5,595,500	3,476,800
Accounts Payable and Accrued Expenses	2,700,000	3,770,400
Finance Leases	999,400	520,700
Deferred Revenue	896,300	73,200
Right of Use Liabilities	841,700	1,115,500
Note Payable D&O Insurance	741,200
Note Payable PPP	19,300
Due to Related Party		8,100
TOTAL LIABILITIES	27,203,200	32,987,200
COMMITMENTS AND CONTINGENCIES (See Note 10)
STOCKHOLDERS' EQUITY (DEFICIT)
Preferred Stock, No Par 10,000,000 shares authorized and 0 issued and outstanding at December 31, 2020 and 2019
Common Stock, No Par 50,000,000 shares authorized and 5,636,548 and 3,513,517 issued and outstanding on December 31, 2020 and 2019	11,956,900	670,900
Additional Paid in Capital	234,800	119,100
Accumulated Deficit	(4,487,100)	(954,300)
Total Stockholders' Equity (Deficit)	7,704,600	(164,300)
Non-Controlling Interest	(1,289,900)	(1,060,600)
TOTAL STOCKHOLDERS' EQUITY (DEFICIT)	6,414,700	(1,224,900)
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)	$ 33,617,900	$ 31,762,300

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($)	Dec. 31, 2020	Dec. 31, 2019
Statement of Financial Position [Abstract]
Construction Loans, net of Debt Discount	$ 502,400	$ 148,400
Construction Loans - Related Parties, net of Debt Discount	$ 670,200	$ 853,800
Preferred Stock, no par value
Preferred Stock, shares authorized	10,000,000	10,000,000
Preferred Stock, shares issued	0	0
Preferred Stock, shares outstanding	0	0
Common Stock, no par value
Common Stock, shares authorized	50,000,000	50,000,000
Common Stock, shares issued	5,636,548	3,513,517
Common Stock, shares outstanding	5,636,548	3,513,517

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Income Statement [Abstract]
Sales	$ 50,397,000	$ 30,953,500
Cost of Sales	48,393,800	27,645,100
Gross Profit	2,003,200	3,308,400
Operating Expenses	5,493,900	3,466,800
Operating Loss	(3,490,700)	(158,400)
Other Income (Expense)
Forgiveness of Debt PPP Loan	562,300
Other Income	4,000	79,100
Other Expenses	(70,300)
Loss on Sale of Equipment	(267,700)
Interest Expense	(382,900)	(358,300)
Total Other Income (Expense)	(154,600)	(279,200)
Loss Before Income Tax	(3,645,300)	(437,600)
Income Tax Benefit (Expense)	(116,800)	634,600
Net Income (Loss)	(3,762,100)	197,000
Net Loss Attributable to Non-controlling interest	(229,300)	(38,600)
Net Income (Loss) Attributable to Stockholders	$ (3,532,800)	$ 235,600
Net Income (Loss) Per Share - Basic and Diluted	$ (0.84)	$ 0.07
Weighted Average Common Shares Outstanding - Basic and Diluted	4,214,418	3,513,517

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES
Net income (loss)	$ (3,762,100)	$ 197,000
Adjustments to reconcile net income (loss) to net cash provided by (used in) used in operating activities:
Depreciation	619,800	427,600
Amortization of right of use assets	258,900	153,500
Loss on sale of equipment	267,700
Forgiveness of PPP loan	(562,300)
Stock compensation	115,700	7,100
Net change in assets and liabilities:
Accounts receivable	(66,400)	40,200
Prepaid expenses	(314,900)	(102,900)
Real estate	6,755,900	(6,089,900)
Deferred revenue	823,100	73,200
Deferred income tax	171,600	(634,600)
Income tax payable		(54,800)
Payments on right of use liability	(273,800)	(170,700)
Accounts payable and accrued expenses	(1,015,400)	2,969,400
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES	3,017,800	(3,184,900)
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of property and equipment	(408,000)	(402,800)
Proceeds on the sale of equipment	987,200
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES	579,200	(402,800)
CASH FLOWS FROM FINANCING ACTIVITIES
Construction loans, net	444,800	(7,524,600)
Financing fees construction loans	(1,048,700)	(1,289,100)
Construction loans related parties, net	(8,445,100)	13,720,800
Financing fees related party construction loans	(1,421,200)
Payments on financing leases	(564,400)	(185,100)
Proceeds from note payable PPP	582,800
Payments on PPP loan	(1,200)
Repayments for note payable D&O	(484,300)
Due to related party	(8,100)	8,100
Net proceeds from issuance of common stock	10,789,000
Distributions		(488,400)
Deferred offering cost	(65,100)
Repayment for equipment loans	(1,409,000)	(444,900)
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES	(1,630,500)	3,796,800
NET INCREASE IN CASH AND RESTRICTED CASH	1,966,500	209,100
CASH AND RESTRICTED CASH AT BEGINNING OF PERIOD	430,000	220,900
CASH AND RESTRICTED CASH AT END OF PERIOD	2,396,500	430,000
SUPPLEMENTAL CASH FLOW INFORMATION
Cash Paid During the Period for: Interest	1,266,300	352,800
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES
Financing of assets additions	4,570,800	2,924,500
Amortization of debt discount capitalized	2,299,500	738,400
Distribution of land		356,500
Right of use asset		1,286,000
Stock issued for conversion of related interest and principal	497,000
Financing of D&O insurance	$ 1,225,500

Consolidated Statements of Chan

Consolidated Statements of Changes In Stockholders' Equity (Deficit) - USD ($)	Common Stock [Member]	Additional Paid-In Capital [Member]	Accumulated Deficit [Member]	Stockholders' Equity (Deficit) [Member]	Noncontrolling Interest [Member]	Total
Balance at Dec. 31, 2018	$ 670,900	$ 112,000	$ (577,600)	$ 205,300	$ (789,400)	$ (584,100)
Balance, shares at Dec. 31, 2018	3,513,517
Distributions			(116,800)	(116,800)	(232,600)	(349,400)
Stock Compensation Expense		5,500		5,500		5,500
Issuance of Warrants		1,600		1,600		1,600
Transfer of land to Owner			(495,500)	(495,500)		(495,500)
Net Income (Loss)			235,600	235,600	(38,600)	197,000
Balance at Dec. 31, 2019	$ 670,900	119,100	(954,300)	(164,300)	(1,060,600)	(1,224,900)
Balance, shares at Dec. 31, 2019	3,513,517
Net proceeds issuance of stock	$ 10,789,000			10,789,000		10,789,000
Net proceeds issuance of stock, shares	2,031,705
Conversion of Olympic View debt to stock	$ 497,000			497,000		497,000
Conversion of Olympic View debt to stock, shares	82,826
Stock Compensation Expense		115,700		115,700		115,700
Stock Compensation Expense, shares	8,500
Net Income (Loss)			(3,532,800)	(3,532,800)	(229,300)	(3,762,100)
Balance at Dec. 31, 2020	$ 11,956,900	$ 234,800	$ (4,487,100)	$ 7,704,600	$ (1,289,900)	$ 6,414,700
Balance, shares at Dec. 31, 2020	5,636,548

Nature of Operations and Summar

Nature of Operations and Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Nature of Operations and Summary of Significant Accounting Policies	1. NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Nature of Operations Our principal business activity involves acquiring raw land and developed lots for the purpose of building and selling single family and multi-family dwellings in the Puget Sound region of Washington State, California and Texas. We utilize our heavy equipment resources to develop an inventory finished building lots and provide development infrastructure construction, on a contract basis, for other home builders. Single family construction and infrastructure construction contracts vary but are typically less than one year. On August 1, 2019, the Company changed its name from Harbor Custom Homes, Inc. to Harbor Custom Development, Inc. The Company became an effective filer with the SEC and started trading on the NASDAQ on August 31, 2020. Principles of Consolidation The consolidated financial statements include the following subsidiaries of Harbor Custom Development, Inc. as of the reporting period ending dates as follows (all entities are formed as Washington LLCs): Names Dates of Formation Attributable Interest 2020 2019 Saylor View Estates, LLC March 30, 2014 51 % 51 % Harbor Excavation, LLC* July 3, 2017 N/A N/A Harbor Materials, LLC** July 5, 2018 100 % 100 % Belfair Apartments, LLC December 3, 2019 100 % 100 % * Harbor Excavation, LLC was voluntarily dissolved with the State of Washington as of June 14, 2019. ** Harbor Material, LLC was voluntarily dissolved with the State of Washington as of January 29, 2020. All intercompany transactions and balances have been eliminated in consolidation. As of December 31, 2020, and December 31, 2019, the aggregate non-controlling interest was $(1,289,900) and $(1,060,600). Basis of Presentation The Company’s consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“US GAAP”). The Company’s Board of Directors and Stockholders approved a 1-for-2.22 reverse split of the Company’s common stock, which was effected on April 15, 2020. The reverse split combined each 2.22 shares of the Company’s outstanding common stock into one share of common stock. No fractional shares were issued in connection with the reverse split, and any fractional shares resulting from the reverse split were rounded up to the nearest whole share. All references to common stock, options to purchase common stock, restricted stock, share data, per share data, and related information, as applicable have been adjusted in the financial statements to reflect the split of our common stock as if it had occurred at the beginning of the earliest period presented. All numbers in these financial statements are rounded to the nearest $100. Reclassification Certain prior year amounts have been reclassified for consistency with the current year presentation. These reclassifications had no effect on the reported results of operations. Use of Estimates Management uses estimates and assumptions in preparing these financial statements in accordance with generally accepted accounting principles. Those estimates and assumptions affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities, and the reported revenues and expenses. Actual results could vary from the estimates that were used. Stock-Based Compensation Effective as of November 19, 2018, the Company’s Board of Directors and Stockholders approved and adopted the 2018 Incentive and Non-Statutory Stock Option Plan (the “2018 Plan”). The 2018 Plan allows the Administrator (as defined in the 2018 Plan), currently the Board of Directors, to determine the issuance of incentive stock options, non-qualified stock options and restricted stock to eligible employees and outside directors and consultants of the Company. The Company has reserved 675,676 shares of common stock for issuance under the 2018 Plan. The 2020 Restricted Stock Plan allows the Administrator (currently the Compensation Committee), to determine the issuance of restricted stock to eligible officers, directors, and key employees. We reserved 700,000 shares of common stock for issuance under the 2020 Restricted Stock Plan. The Company accounts for stock-based compensation in accordance with ASC Topic 718, “ Compensation – Stock Compensation” The Company recognizes all forms of share-based payments, including stock option grants, warrants and restricted stock grants, at their fair value on the grant date, which are based on the estimated number of awards that are ultimately expected to vest. Options and warrants are valued using a Black-Scholes option pricing model. Grants of share-based payment awards issued to non-employees for services rendered and have been recorded at the fair value of the share-based payment. The grants are amortized on a straight-line basis over the requisite service periods, which is generally the vesting period. If an award is granted, but vesting does not occur, any previously recognized compensation expense is reversed in the period related to the termination of service. Stock-based compensation expenses are included in selling, general and administrative expenses in the consolidated statement of operations. For the years ended December 31, 2020 and 2019 when computing fair value of share-based payments, the Company has considered the following variables: December 31, 2020 December 31, 2019 Risk-free interest rate 0.14% - 1.46 % 1.56-1.84 % Exercise price $ 2.22 - $6.50 $ 0.40 Expected life of grants 2.86 - 6.00 years 5.0-6.53 years Expected volatility of underlying stock 32.39% - 51.94 % 31.75-32.89 % Dividends 0 % 0 % The expected option term is computed using the “simplified” method as permitted under the provisions of ASC 718-10-S99. The Company uses the simplified method to calculate expected term of share options and similar instruments as the Company does not have sufficient historical exercise data to provide a reasonable basis upon which to estimate the expected term. The share price as of the grant date was determined by an independent third party 409(a) valuation until the Company’s stock became publicly traded, now the share price is the public trading price at the time of grant. Expected volatility is based on the historical stock price volatility of comparable companies’ common stock, as our stock does not have sufficient historical trading activity. Risk free interest rates were obtained from U.S. Treasury rates for the applicable periods. Earnings (Loss) Per Share Earnings (loss) per share (“EPS”) is the amount of earnings attributable to each share of common stock. For convenience, the term is used to refer to either earnings or loss per share. EPS is computed pursuant to Section 260-10-45 of the FASB Accounting Standards Codification. Pursuant to ASC Paragraphs 260-10-45-10 through 260-10-45-16, basic EPS shall be computed by dividing income available to common stockholders (the numerator) by the weighted-average number of common shares outstanding (the denominator) during the period. Income available to common stockholders shall be computed by deducting both the dividends declared in the period on preferred stock (whether or not paid) and the dividends accumulated for the period on cumulative preferred stock (whether or not earned) from income from continuing operations (if that amount appears in the income statement) and also from net income. The computation of diluted EPS is similar to the computation of basic EPS except that the denominator is increased to include the number of additional common shares that would have been outstanding if the dilutive potential common shares had been issued during the period to reflect the potential dilution that could occur from common shares issuable through contingent shares issuance arrangement, stock options or warrants. The following table provides a reconciliation of the numerator and denominator used in computing basic and diluted net income (loss) attributable to common stockholders per common share. December 31, 2020 December 31. 2019 Numerator: Net income (loss) attributable to common stockholders $ (3,532,800 ) $ 235,600 Effect of dilutive securities: - - Diluted net income (loss) $ (3,532,800 ) $ 235,600 Denominator: Weighted average common shares outstanding - basic 4,214,418 3,513,517 Dilutive securities (a): Options - - Warrants - - Weighted average common shares outstanding and assumed conversion – diluted 4,214,418 3,513,517 Basic net income (loss) per common share $ (0.84 ) $ 0.07 Diluted net income (loss) per common share $ (0.84 ) $ 0.07 (a) - Anti-dilutive securities excluded: 241,609 139,742 Fair Value of Financial Instruments For purpose of this disclosure, the fair value of a financial instrument is the amount at which the instrument could be exchanged in a current transaction between willing parties, other than in a forced sale or liquidation. The carrying amount of the Company’s short-term financial instruments approximates fair value due to the relatively short period to maturity for these instruments. Cash and Cash Equivalents For purposes of the statement of cash flows, the Company considers all short-term debt securities purchased with a maturity of three months or less to be cash equivalents. There were no cash equivalents as of December 31, 2020 or 2019. Accounts Receivable Accounts receivable are reported at the amount the Company expects to collect from outstanding balances. The Company provides an allowance for doubtful accounts based upon a review of the outstanding accounts receivable, historical collection information and existing economic conditions. The Company determines if receivables are past due based on days outstanding, and amounts are written off when determined to be uncollectible by management. The allowance for doubtful accounts was $0 and $11,300 as of December 31, 2020 and 2019. Property and Equipment and Depreciation Property and equipment are recorded at cost. Expenditures for major additions and betterments are capitalized. Maintenance and repairs are charged to operations as incurred. Depreciation is computed by the straight-line method (after considering their respective estimated residual values) over the estimated useful lives: Construction Equipment 10 years Leasehold improvements The lesser of 10 years or the remaining life of the lease Furniture and Fixtures 5 years Computers 3 years Vehicles 10 years Real Estate Assets Real estate assets are recorded at cost, except when real estate assets are acquired that meet the definition of a business combination in accordance with Financial Accounting Standards Board (“FASB”) ASC 805, “Business Combinations,” where acquired assets are recorded at fair value. Interest, property taxes, insurance and other incremental costs (including salaries) directly related to a project are capitalized during the construction period of major facilities and land improvements. The capitalization period begins when activities to develop the parcel commence and ends when the asset constructed is completed. The capitalized costs are recorded as part of the asset to which they relate and are expensed when the underlying asset is sold. The Company capitalized interest from related party borrowings of $1,024,800 and $1,229,400 for the years ended December 31, 2020 and 2019, respectively. The Company capitalized interest from third-party borrowings of $2,401,400 and $1,563,700 for the years ended December 31, 2020 and 2019, respectively. A property is classified as “held for sale” when all the following criteria for a plan of sale have been met: (1) Management, having the authority to approve the action, commits to a plan to sell the property: (2) The property is available for immediate sale in its present condition, subject only to terms that are usual and customary; (3) An active program to locate a buyer and other actions required to complete the plan to sell, have been initiated; (4) The sale of the property is probable and is expected to be completed within one year of the contract date; (5) The property is being actively marketed for sale at a price that is reasonable in relation to its current fair value, and (6) Actions necessary to complete the plan of sale indicate that it is unlikely that significant changes to the plan will be made or that the plan will be withdrawn. When all these criteria have been met, the property is classified as “held for sale.” In addition to the annual assessment of potential triggering events in accordance with ASC 360, the Company applies a fair value-based impairment test to the net book value assets on an annual basis and on an interim basis if certain events or circumstances indicate that an impairment loss may have occurred. As of December 31, 2020, and 2019, the Company did not have any projects that qualified for an impairment charge. Revenue and Cost Recognition Accounting Standards codification (“ASC”) 606, Revenue from Contracts with Customers (“ASC 606”), establishes principles for reporting information about the nature, amount, timing and uncertainty of revenue and cash flows arising from the entity’s contract to provide goods or services to customers. In accordance with ASC 606, revenue is recognized when a customer obtains control of promised good or service. The amount of revenue recognized reflects the consideration to which we expect to be entitled to receive in exchange for these goods or services. The provision of ASC 606 includes a five-step process by which we determine revenue recognition, depicting the transfer of goods or services to customers in amounts reflecting the payment to which we expect to be entitled in exchange for those goods or services. ASC 606 requires us to apply the following steps: (1) identify the contract with the customer; (2) identify the performance obligations in the contract; (3) determine the transaction price; (4) allocate the transaction price to the performance obligations in the contract; and (5) recognize revenue when, or as, performance obligations are satisfied. A detailed breakdown of the five-step process for the revenue recognition of Real Estate Revenue is as follows: 1. Identify the contract with a customer. The Company signs an agreement with a home buyer to purchase a lot with a completed house. 2. Identify the performance obligations in the contract. Performance obligations of the company include delivering a develop lot with a completed house to the customer, which are required to meet certain specifications that are outlined in the contract. 3. Determine the transaction price. The transaction price is fixed and specified in the contract. Any subsequent change orders or price changes are required to be approved by both parties. 4. Allocation of the transaction price to performance obligations in the contract Each lot with a completed house is a separate performance obligation, for which the specific price in the contract is allocated. 5. Recognize revenue when (or as) the entity satisfies a performance obligation. The Company recognizes revenue when title is transferred. The Company does not have further performance obligation once title is transferred. A detailed breakdown of the five-step process for the revenue recognition of Construction Materials sold to or received from contractors is as follows: 1. Identify the contract with a customer. There are no signed contracts. Each transaction is verbally agreed to with the customer. 2. Identify the performance obligations in the contract. To deliver or receive materials from customers based on the verbal agreement reached. 3. Determine the transaction price. The Company has a set price list for receiving approved fill materials to recycle or provide customers with a combination of said materials. 4. Allocation of the transaction price to performance obligations in the contract. There is only one performance obligation, which is to pick up or deliver the materials. The entire transaction price is therefore allocated to the performance obligation. 5. Recognize revenue when (or as) the entity satisfies a performance obligation. The performance obligation is fulfilled, and revenue is recognized when the materials have been received or delivered by the company. Revenues for Real Estate and Construction Materials: Revenues from contracts with customers are summarized by product category as follows for the years ended December 31: 2020 2019 Real Estate $ 49,814,500 $ 30,683,400 Construction Materials 582,500 270,100 Total Revenue $ 50,397,000 $ 30,953,500 Cost of Sales Land acquisition costs are allocated to each lot based on the size of the lot in relation to the size of the total project. Development cost and capitalized interest are allocated to lots sold based on the same criteria. Cost relating to the handling of recycled construction materials and converting items into usable construction materials for resale are charged to cost of sales as incurred. Advertising Costs for designing, producing and communicating advertising are expensed as incurred. Advertising expense for the years ended December 31, 2020 and 2019 were $37,500 and $67,500, respectively. Leases In February 2016, the FASB issued ASU 2016-02 “ Leases” On January 1, 2019, the Company adopted ASC 842 using the modified retrospective approach and recognized a right of use (“ROU”) asset and related liability on the consolidated balance sheet in the amount of $474,200 related to the operating lease for office and warehouse space. As part of the adoption the Company elected the practical expedients permitted under the transition guidance within the new standard, which among other things, allowed the Company to: 1. Not separate non-lease components from lease components and instead to account for each separate lease component and the non-lease components associated with that lease component as a single lease. 2. Not to apply the recognition requirements in ASC 842 to short-term leases. 3. Not record a right of use asset or right of use liability for leases with an asset or liability balance that would be considered immaterial. Refer to Note 12. Leases for additional disclosures required by ASC 842. Income Taxes Deferred income tax assets and liabilities are determined based on the estimated future tax effects of net operating loss, credit carryforwards and temporary differences between the tax basis of assets and liabilities and their respective financial reporting amounts measured at the current enacted tax rates. Management applies the criteria established in the to determine if any valuation allowances are needed each year. The Company recognizes a tax benefit for an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the position. There are no uncertain tax positions as of December 31, 2020 and December 31, 2019. Recent Accounting Pronouncements On February 25, 2016, the Financial Accounting Standards Board (FASB) released Accounting Standards Update No. 2016-02, Leases (Topic 842) (the Update). This ASU requires an entity to recognize a right-of-use asset (“ROU”) and lease liability for all leases with terms of more than 12 months. The amendments also require certain quantitative and qualitative disclosures about leasing arrangements. Leases will be classified as finance or operating, with classification affecting the pattern and classification of expense recognition in the income statement. The new standard is effective for the Company on January 1, 2019, with early adoption permitted. The adoption has been reflected in the right of use asset and liability on the balance sheet. On December 18, 2019, the Financial Accounting Standards Board (FASB) released Accounting Standards Update No. 2019-12, Income taxes (Topic 740) (the Update). The Board issued this update as part of its initiative to reduce complexity in accounting standards. The Standard is effective for fiscal years beginning after December 15, 2020. The Company is currently evaluating the effect of this standard. Impairment of Long-Lived Assets The Company reviews long-lived assets for impairment whenever events or circumstances indicate that the carrying value of such assets may not be fully recoverable. Impairment is present when the sum of undiscounted estimates future cash flow expected to result from use of the assets is less than carrying value. If impairment is present, the carrying value of the impaired asset is reduced to its fair value. Fair value is determined based on discounted cash flow or appraised values, depending on the nature of the assets. As of December 31, 2020, and December 31, 2019, there were no impairment losses recognized for long-lived assets. Offering Costs associated with a Public Offering The Company complies with the requirements of FASB ASC 340-10-S99-1 and SEC Staff Accounting Bulletin (“SAB”) Topic 5A — “ Expenses of Offering.” On January 15, 2021, we closed on a follow-on public offering and overallotment option, respectively, of our common stock. During 2020, we incurred approximately $65,100 of capitalizable costs associated with the follow-on public offering, which will be netted against the proceeds of the follow-on public offering in 2021. These costs were capitalized as of December 31, 2020 and are shown on the balance sheet as Deferred Offering Costs.

Concentration, Risks, and Uncer

Concentration, Risks, and Uncertainties	12 Months Ended
	Dec. 31, 2020
Risks and Uncertainties [Abstract]
Concentration, Risks, and Uncertainties	2. CONCENTRATION, RISKS, AND UNCERTAINTIES Cash Concentrations The Company maintains cash balances at various financial institutions. These balances are secured by the Federal Deposit Insurance Corporation. These balances may exceed the federal insurance limits. Uninsured cash balances were $2,146,000 and $177,600 as of December 31, 2020 and 2019, respectively. Revenue Concentrations For the years ended December 31, 2020 and 2019 revenue from Lennar Northwest, Inc. was $12,538,000 and $7,015,000, respectively. This represented 25% and 23% of our revenue for the years ended December 31, 2020 and 2019, respectively. COVID-19 In March 2020, the World Health Organization declared the outbreak of a novel coronavirus (“ COVID-19 The COVID-19 Pandemic has had the following effect on the Company’s business: 5. Construction not related to safety, spoliation, or critical infrastructure was halted by Washington State Governor Inslee on March 23, 2020. Some operations could continue based on the aforementioned exceptions to the shutdown order, but the Company did experience a significant operational slowdown. 6. Soundview Estates (a large Harbor Custom Development, Inc. site) continued selective activities that yielded rock byproduct, considered an essential material, needed for critical infrastructure projects for an Amazon distribution center and a local hospital. 7. On April 24, 2020, the Governor approved the restart of most residential housing projects, deeming them essential, as long as they adhered to certain safety measures. Under this order, most existing permitted residential homes or projects were considered essential. The order allowed the Company to resume near full construction activities on all permitted lots. 8. On May 1, 2020, the Governor established a four-phase plan for Washington businesses to follow. All Harbor Custom Development, Inc. development sites are now in Phase 2 of the plan where construction can continue, and new construction is allowed, as long as the company creates a safety plan adhering to certain safety practices, which the company has done. While there could ultimately be a material impact on operations and liquidity of the Company, at the time of issuance of this report, the ultimate impact could not be determined.

Property and Equipment

Property and Equipment	12 Months Ended
	Dec. 31, 2020
Property, Plant and Equipment [Abstract]
Property and Equipment	3. PROPERTY AND EQUIPMENT Property and equipment stated at cost, less accumulated depreciation and amortization, consisted of the following: December 31, 2020 December 31, 2019 Machinery and Equipment $ 8,908,000 $ 5,654,100 Vehicles 73,500 83,600 Furniture and Fixtures 136,300 54,900 Leasehold Improvements 7,000 7,000 Total Fixed Assets 9,124,800 5,799,600 Less Accumulated Depreciation (948,800 ) (727,700 ) Fixed Assets, Net $ 8,176,000 $ 5,071,900 Depreciation expense was $619,800 and $427,600 for the years ended December 31, 2020 and 2019, respectively.

Real Estate

Real Estate	12 Months Ended
	Dec. 31, 2020
Real Estate [Abstract]
Real Estate	4. REAL ESTATE Real Estate consisted of the following components: December 31, 2020 December 31, 2019 Land Held for Development $ 9,532,800 $ 9,707,800 Construction in Progress 9,042,700 12,879,600 Held for Sale 1,794,800 2,239,300 $ 20,370,300 $ 24,826,700

Equipment Loans

Equipment Loans	12 Months Ended
	Dec. 31, 2020
Debt Disclosure [Abstract]
Equipment Loans	5. EQUIPMENT LOANS Consists of the following: December 31, 2020 December 31, 2019 Various notes payable to banks and financial institutions with interest rates varying from 0.00% to 14.41%, collateralized by equipment with monthly payments ranging from $400 to $11,600 through 2025: $ 5,595,500 $ 3,476,800 Book value of collateralized equipment: $ 6,475,600 $ 4,539,900 Future equipment loan maturities are as follows: For the years ended December 31: 2021 $ 1,495,300 2022 1,532,200 2023 1,345,300 2024 1,165,100 2025 57,600 $ 5,595,500

Construction Loans

Construction Loans	12 Months Ended
	Dec. 31, 2020
Debt Disclosure [Abstract]
Construction Loans	6. CONSTRUCTION LOANS The Company has various construction loans with private individuals and finance companies. The loans are collateralized by specific construction projects. All loans have a one-year term but will be refinanced if the project is not completed within one year and will be due upon the completion of the project. Interest accrues on the loans and is included with the payoff of the loan. Interest ranges from 8% to 40%. Interest expense and amortization of debt discount are capitalized when incurred and expensed as cost of goods sold when the corresponding property is sold. The loan balances related to third party lenders as of December 31, 2020 and 2019, were $10,092,500 and $9,647,700, respectively. The book value of collateralized real estate as of December 31, 2020 and December 31, 2019 were $20,370,300 and $24,826,700, respectively.

Note Payable D&O Insurance

Note Payable D&O Insurance	12 Months Ended
	Dec. 31, 2020
Debt Disclosure [Abstract]
Note Payable D&O Insurance	7. NOTE PAYABLE D&O INSURANCE The Company purchased D&O insurance on August 28, 2020 for $1,531,900. A down payment of $306,400 was made and the remaining balance of $1,225,500 was financed over 10 months. The interest rate on the loan is 4.74%. Interest expense on this loan for the year ended December 31, 2020 was $16,600. The loan balance as of December 31, 2020 was $741,200.

Note Payable PPP

Note Payable PPP	12 Months Ended
	Dec. 31, 2020
Debt Disclosure [Abstract]
Note Payable PPP	8. NOTE PAYABLE PPP On April 11, 2020, the Company entered into a term note with Timberland Bank, with a principal amount of $582,800 pursuant to the Paycheck Protection Program (“PPP Term Note”) under the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”). The PPP Loan is evidenced by a promissory note. The PPP Term Note bears interest at a fixed annual rate of 1.00%, with the first six months of interest deferred. Beginning in November 2020, the Company will make 18 equal monthly payments of principal and interest with the final payment due in April 2022. The PPP Term Note may be accelerated upon the occurrence of an event of default. The PPP Term Note is unsecured and guaranteed by the United States Small Business Administration. The Company may apply for forgiveness of the PPP Term Note, with the amount which may be forgiven equal to the sum of payroll costs, covered rent and mortgage obligations, and covered utility payments incurred by the Company during the applicable period beginning upon receipt of PPP Term Note funds, calculated in accordance with the terms of the CARES Act. On November 9, 2020 the SBA forgave $562,300 of this loan. As of December 31, 2020, the balance of this loan was $19,300. Future note payable loan maturities are as follows: For the years ended December 31: 2021 $ 14,600 2022 4,700 $ 19,300

Defined Contribution Plan

Defined Contribution Plan	12 Months Ended
	Dec. 31, 2020
Retirement Benefits [Abstract]
Defined Contribution Plan	9. DEFINED CONTRIBUTION PLAN Effective January 1, 2016, the Company established a 401(k) plan for qualifying employees; employee contributions are voluntarily. Company contributions to the plan for the years ended December 31, 2020 and 2019 were $70,900 and $29,800, respectively.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2020
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	10. COMMITMENTS AND CONTINGENCIES From time to time the Company is subject to compliance audits by federal, state, and local authorities relating to a variety of regulations including wage and hour laws, taxes, and workers’ compensation. There are no significant or pending litigation or regulatory proceedings known at this time. On November 18, 2020, the Company entered into an agreement with a national public builder to sell 50 finished lots for $7,000,000 on March 31, 2021. In conjunction with this agreement the Company received $875,000 of nonrefundable earnest money on December 30, 2020 which is included in deferred revenue on the balance sheet. On November 18, 2020, the Company entered into a purchase and sales agreement to acquire 36 lots located in the Auburn, California for $4,900,000. This transaction was closed on January 29, 2021. On September 17, 2020, the Company entered into a purchase and sales agreement for the acquisition of 9.6 acres of land in Port Orchard, Washington for $1,440,000. Closing is contingent on permit approval and is expected to take place on or before June 1, 2021. On August 28, 2020, the Company entered into a purchase and sale agreement to acquire property currently under development for the construction of 36 townhomes located in Bremerton, Washington for $1,500,000. Closing is expected to be on or before April 30, 2021. On June 15 ,2020, the Company entered into a purchase and sales agreement to acquire property for the construction of 30 townhomes located in East Bremerton, Washington for $2,040,000. Closing is expected to take place on or before December 31, 2021.

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2020
Related Party Transactions [Abstract]
Related Party Transactions	11. RELATED PARTY TRANSACTIONS Notes Payable The Company entered into construction loans with Sound Capital Loans Inc. of which a director and minority shareholder is a partner. These loans were originated between April 2019 and October 2020; all of the loans have a one-year maturity with interest rates ranging between 7.99% - 12.00%. For the years ended December 31, 2020, and 2019, the Company incurred loan origination fees of $418,300 and $771,700 respectively. These fees are recorded as debt discount and amortized over the life of the loan. The amortization is capitalized to real estate. As of December 31, 2020, and 2019, there were $202,500 and $402,300 of remaining debt discounts, respectively. the Company incurred prepaid interest of $726,500 and $705,700 respectively. This interest is recorded as debt prepaid interest and amortized over the life of the loan. The interest is capitalized to real estate. As of December 31, 2020, and 2019, there were $466,600 and $451,500 of remaining prepaid interest reserves, respectively. As of December 31, 2020, and 2019 the outstanding loan balances were $6,438,100, and $14,935,000, respectively. The Company entered into a construction loan with Curb Funding, LLC of which a director and minority shareholder is 100% owner. The loan originated August 13, 2020. The loan has a one-year maturity with an interest rate of 12%. For the years ended December 31, 2020 and 2019, the Company incurred loan fees of $3,500 and $0, respectively. These fees are recorded as debt discount and amortized over the life of the loan. The amortization is capitalized to real estate. As of December 31, 2020, and 2019, there were $1,100 and $0 of remaining debt discounts, respectively. As of December 31, 2020, and 2019, the outstanding loan balances were $51,800, and $0, respectively. The Company incurred interest expense of $3,000 and $0 for the years ended December 31, 2020 and 2019, respectively. On April 19, 2019, the Company entered into a construction loan with Olympic Views, LLC of which the Company’s President, owned a 50% interest. The loan amount was $442,000 with an interest rate of 12% and a maturity date of April 19, 2020. The loan was collateralized by a deed of trust on the land. The amounts outstanding were $0 and $442,000 as of December 31, 2020 and 2019, respectively. The interest expense was $17,400 and $37,600 for the years ended December 31, 2020 and 2019 and was capitalized as part of Real Estate. The Company entered into an agreement with Olympic Views, LLC to convert this debt and accrued interest of $55,000 to common stock at the Initial Public Offering price of $6.00 in May of 2020. This conversion was done on August 28, 2020 simultaneous to the Initial Public Offering. This transaction resulted in 82,826 shares of common stock being issued to Olympic Views, LLC. Due to Related Party The Company has a quarry which it uses to process waste materials from the completion of raw land into sellable/buildable lots. The quarry is located on land owned by SGRE, LLC which is 100% owned by the Company’s President. The materials produced by the quarry and sold by the Company to others are subject to a 25% commission payable to SGRE, LLC. On December 31, 2020 and, 2019, the commission payable was $0 and $0, respectively. The commission expense for the years ended December 31, 2020 and 2019, respectively was $136,500 and $0. The Company also owed SGRE, LLC $0 and $8,100 on December 31, 2020 and 2019, respectively. These balances were due to SGRE customers incorrectly writing checks to Harbor Materials which were deposited by Harbor Materials. When the customers errors were discovered the company remitted the funds to SGRE. The balances carry no interest and are due on demand. Due to Related Party Rich Schmidktke, a Company director, provided accounting services in 2020 and 2019 to the Company. On December 31, 2020 and December 31, 2019, the fees payable to Mr. Schmidtke were $500 and $13,500, respectively. The accounting expense incurred by the Company for Mr. Schmidktke’s services for the years ended December 31, 2020 and December 31, 2019 was $51,000 and $26,300, respectively. Land Purchase from a Related Party On September 2, 2020, the Company purchased 99 unfinished lots for $3,430,000 from Olympic Views, LLC. The Company’s president owned a 50% interest in this LLC at the date of purchase. He currently has no ownership interest in this LLC. Land Distribution to Company’s President In 2019, the Company transferred land and the related mining bond with a book value of $495,500 to an investment company owned by the Company’s president. The Company received $0 in exchange for the property. This was accounted for as a transaction between entities under common control, and as such, the book value of $495,500 was recorded as a distribution to the owner in the statement of stockholders’ equity (deficit).

Leases

Leases	12 Months Ended
	Dec. 31, 2020
Notes to Financial Statements
Leases	12. LEASES The Company determines if an arrangement contains a lease at inception. ROU assets represent the right to use an underlying asset for the lease term and lease liabilities represent the obligation to make lease payments arising from the lease. ROU assets and liabilities are recognized at the lease commencement date based on the estimated present value of lease payments over the lease term. The Company’s leases consist of leaseholds on office space, machinery and equipment. The Company utilized a portfolio approach in determining the discount rate. The portfolio approach takes into consideration the range of the term, the range of the lease payments, the category of the underlying asset and the Company’s estimated incremental borrowing rate, which is derived from information available at the lease commencement date, in determining the present value of lease payments. The Company also considered its recent debt issuances as well as publicly available data for instruments with similar characteristics when calculating the incremental borrowing rates. The lease term includes options to extend the lease when it is reasonably certain that the Company will exercise that option. These operating leases contain renewal options for periods ranging from three to five years that expire at various dates with no residual value guarantees. Future obligations relating to the exercise of renewal options is included in the measurement if, based on the judgment of management, the renewal option is reasonably certain to be exercised. Factors in determining whether an option is reasonably certain of exercise include, but are not limited to, the value of leasehold improvements, the value of the renewal rate compared to market rates, and the presence of factors that would cause a significant economic penalty to the Company if the option is not exercised. Management reasonably plans to exercise all options, and as such, all renewal options are included in the measurement of the right-of-use assets and operating lease liabilities. Leases with a term of 12 months or less are not recorded on the balance sheet, per the election of the practical expedient noted above. The Company recognizes lease expense for these leases on a straight-line basis over the lease term. The Company recognizes variable lease payments in the period in which the obligation for those payments is incurred. Variable lease payments that depend on an index or a rate are initially measured using the index or rate at the commencement date, otherwise variable lease payments are recognized in the period incurred. The components of lease expense were as follows: Year Ended Year Ended December 31, 2020 December 31, 2019 Finance leases: Depreciation of assets $ 88,000 $ 98,300 Interest on lease liabilities 38,000 52,600 Operating lease expense 328,300 200,800 Total net lease cost $ 454,300 $ 351,700 Supplemental balance sheet information related to leases was as follows: December 31, 2020 December 31, 2019 Operating leases: Operating lease ROU assets $ 873,800 $ 1,132,700 Total ROU Liabilities $ 841,700 $ 1,115,500 Finance leases: Property and equipment, at cost $ 1,411,100 $ 983,400 Accumulated depreciation 140,400 250,500 Property and equipment, net $ 1,270,700 $ 732,900 Total Finance lease liabilities $ 999,400 $ 520,700 Supplemental cash flow and other information related to leases was as follows: Year Ended Year Ended December 31, 2020 December 31, 2019 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ (273,800 ) $ (170,700 ) Financing cash flows from finance leases (564,400 ) (185,100 ) Assets obtained in exchange for lease liabilities: Operating leases $ 0 $ 1,286,200 Finance leases 1,043,100 0 Weighted average remaining lease term (in years): Operating leases 3.2 3.8 Finance leases 3.1 2.0 Weighted average discount rate: Operating leases 9.9 % 7.0 % Finance leases 5.2 % 7.98 % The minimum lease payments under the terms of the leases are as follows: For the years ended December 31, 2020: Operating Leases Finance Leases Total 2021 $ 320,800 $ 397,100 $ 717,900 2022 303,000 269,400 572,400 2023 196,800 264,500 461,300 2024 113,900 161,300 276,200 2025 - - - Total lease payments $ 934,500 $ 1,093,300 $ 2,027,800 Less amount of discount/interest (92,800 ) (93,900 ) (186,700 ) $ 841,700 $ 999,400 $ 1,841,100

Income Tax

Income Tax	12 Months Ended
	Dec. 31, 2020
Income Tax Disclosure [Abstract]
Income Tax	13. INCOME TAX The components of net deferred tax assets and liabilities at December 31, 2020 and 2019 are set forth below: December 31, 2020 December 31, 2019 Deferred tax assets: Federal NOL Carryforward $ 1,794,200 $ 2,316,300 UNICAP 193,000 777,800 Lease Liability 176,700 - Stock Based compensation 9,200 - Investments 57,100 - Total assets 2,230,200 3,094,100 Deferred tax liabilities: Property and equipment 1,705,400 2,922,500 Right of use assets 183,500 - Total liabilities 1,888,900 2,922,500 Subtotal deferred tax assets (liabilities) 341,300 171,600 Valuation Allowance (341,300 ) - Net deferred tax assets (liabilities) $ - $ 171,600 In accordance with GAAP, management assesses whether it is more-likely-than-not that some portion or all of the deferred tax assets would not be realized, and a valuation allowance is warranted. At December 31,2020, management determined that it was more-likely-than-not that a valuation amount should be applied against the Company’s net deferred tax assets. On December 31, 2019, management determined that it was more-likely-than-not that the Company’s deferred tax assets would be realized. Accordingly, on December 31, 2019 no valuation allowance was recorded against the Company’s federal net deferred tax assets. The change in valuation allowance in the current year was an increase of $341,300. The company has approximately $8.5 million of federal net operating losses at December 31, 2020. These NOLs will not expire but are limited to 80% of taxable income, due to the CARES Act. The components of income tax expense and the effective tax rates for the years ended December 31, 2020 and 2019 are as follows: Years Ended December 31, 2020 2019 Current: Federal $ - $ - Total Current - - Deferred: Federal (224,500 ) (634,600 ) Total Deferred (224,500 ) (634,600 ) Valuation Allowance 341,300 - Total Income Tax (Benefit) Expense $ 116,800 $ (634,600 ) The expected tax rate differs from the U.S. Federal statutory rate as follows: 2020 2019 US Federal statutory rate 21 % 21 % Adjustment for Deferred Tax (16.3 )% 124 % PPP Loan forgiveness 3.2 % 0 % Change in Federal Valuation Allowance (9.4 )% 0 % Non-controlling interest (1.3 )% 0 % Other (0.4 )% 0 % Effective Tax Rate (3.2 )% 145 % On December 31, 2020, the Company has not recorded any uncertain tax positions for any tax year and treats accrued interest and penalties on income tax liabilities as income tax expense. The Company files an income tax return in the U.S. and is subject to examination by the IRS for the tax years 2018 and 2019.

Stockholders' Equity (Deficit)

Stockholders' Equity (Deficit)	12 Months Ended
	Dec. 31, 2020
Equity [Abstract]
Stockholders' Equity (Deficit)	14. STOCKHOLDERS’ EQUITY (DEFICIT) Public Offering and Conversion of Debt The registration statement for the Company’s initial public offering (the “Initial Public Offering”) became effective on August 28, 2020. On September 1, 2020, the Company closed on the Initial Public Offering of 2,031,705 shares of our common stock at the public offering price of $6.00 per share, which includes 265,005 shares of common stock sold upon full exercise of the underwriters’ option to purchase additional shares of common stock for gross proceeds of $12,190,200. The net proceeds from the Initial Public Offering after deducting the underwriting discount and the underwriters’ fees and expenses were $10,789,000. In addition, upon closing of the initial public offering, the Company issued to the underwriters warrants to purchase an aggregate of 88,335 shares of common stock exercisable at a per share price of $7.50 for a term of four years beginning on August 28, 2021. The fair value of these warrants is $167,400. Also, upon closing of the Initial Public Offering, the Company issued to Olympic Views, LLC (“Olympic”), 82,826 shares of our common stock as a result of the conversion of debt owed to Olympic in the amount of $442,000 and accrued interest of $55,000 and into shares of the Company’s common stock at the public offering price per share of $6.00. Common Stock (A) Options The following is a summary of the Company’s option activity: Options Weighted Average Exercise Price Outstanding – December 31, 2018 157,664 $ 0.42 Exercisable – December 31, 2018 - $ - Granted 106,762 $ 0.40 Exercised - $ - Forfeited/Cancelled - $ - Outstanding – December 31, 2019 264,426 $ 0.41 Exercisable – December 31, 2019 117,218 $ 0.42 Granted 213,784 $ 4.79 Exercised - $ - Forfeited/Cancelled (36,038 ) $ 0.40 Outstanding – December 31, 2020 442,172 $ 2.53 Exercisable – December 31, 2020 219,085 $ 1.31 Options Outstanding Options Exercisable Exercise Price Number Outstanding Weighted Average Remaining Contractual Life (in years) Weighted Average Exercise Price Number Exercisable Weighted Average Exercise Price $ 0.40- $6.50 442,172 6.00 $ 2.53 219,085 $ 1.31 During the year ended December 31, 2019, the Company issued 106,762 options to a member of the Board of Directors and employees. The options have an exercise price of $0.40 per share, a term of 10 years, and 3 year vesting. The options have an aggregated fair value of approximately $9,000 that was calculated using the Black-Scholes option-pricing model based on the assumptions discussed above in Note 1 under Stock-Based Compensation During the year ended December 31, 2020, the Company issued 213,784 options to a member of the Board of Directors and employees. The options have an exercise price between $2.22 and $6.50 per share, a term of 5-10 years, and 1-2 year vesting. The options have an aggregated fair value of approximately $343,700 that was calculated using the Black-Scholes option-pricing model based on the assumptions discussed above in Note 1 under Stock-Based Compensation The intrinsic value for outstanding and exercisable options as of December 31, 2020 was $973,800 and $706,200, respectively, and as of December 31, 2019 was $0 and $0, respectively. (B) Warrants The following is a summary of the Company’s warrant activity: Warrants Weighted Average Exercise Price Outstanding – December 31, 2018 - $ - Exercisable – December 31, 2018 - $ - Granted 22,524 $ 0.40 Exercised - $ - Forfeited/Cancelled - $ - Outstanding – December 31, 2019 22,524 $ 0.40 Exercisable – December 31, 2019 22,524 $ 0.40 Granted 88,335 $ 7.50 Exercised - $ - Forfeited/Cancelled - $ - Outstanding – December 31, 2020 110,859 $ 6.06 Exercisable – December 31, 2020 22,524 $ 0.40 Warrants Outstanding Warrants Exercisable Exercise Price Number Outstanding Weighted Average Remaining Contractual Life (in years) Weighted Average Exercise Price Number Exercisable Weighted Average Exercise Price $ 0.40- $7.50 110,859 5.51 $ 6.06 22,524 $ 0.40 On December 31, 2019 the total intrinsic value of warrants outstanding and exercisable was $0. During the year ended December 31, 2019, the Company issued 22,524 warrants to consultants. The warrants have an exercise price of $0.40 share, a term of 10 years, and immediate vesting. The warrants have an aggregated fair value of approximately $1,600 that was calculated using the Black-Scholes option-pricing model based on the assumptions discussed above in Note 1 under Stock-Based Compensation During the year ended December 31, 2020 the Company issued 88,335 warrants in connection with its initial public offering. The warrants have an exercise price of $7.50 share, a term of 5 years, and a 1-year vesting. The fair value of these warrants is $167,400 as of December 31, 2020 and is netted against proceeds. The value was calculated using the Black-Scholes option-pricing model based on the assumptions discussed above in Note 1 under Stock-Based Compensation The intrinsic value for outstanding and exercisable warrants as of December 31, 2020 was $89,200 and $89,200, respectively. (C) Restricted Stock Unit (“RSU”) Plan The following is a summary of the Company’s RSU activity: RSU Weighted Average Exercise Price Outstanding – December 31, 2019 - $ - Exercisable – December 31, 2019 - $ - Granted 34,000 $ 4.53 Exercised - $ - Forfeited/Cancelled - $ - Outstanding – December 31, 2020 34,000 $ 4.53 Exercisable – December 31, 2020 8,500 $ 4.53 The company periodically grants restricted stock awards to the Board of Directors and certain employees pursuant to the 2020 RSU plan. These typically are awarded on the first day of a fiscal quarter and fully vest on the last day of the quarter. The company recognized $43,800 during the year ended December 31, 2020. On December 31, 2020 there was $115,500 unrecognized compensation related to non-vested restricted stock.

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2020
Subsequent Events [Abstract]
Subsequent Events	15. SUBSEQUENT EVENTS The registration statement for the Company’s follow-on public offering was effective on January 12, 2021. On January 15 and 20, 2021, the Company closed on the public offering of 9,200,000 shares of common stock at the public offering price of $3.00 per share, which includes 1,200,000 shares of common stock sold upon full exercise of the underwriters’ option to purchase additional shares of common stock for gross proceeds of $27,600,000. The Company also issued to the underwriter warrants to purchase an aggregate of 400,000 shares of common stock, which are exercisable at a per share price of $3.75 for a term of four years and six months beginning on July 12, 2021. The net proceeds from the public offering after deducting the costs incurred in connection with formation and preparation for the public offering along with underwriting discount and the underwriters’ fees and expenses were $25,256,000. On January 21, 2021, the Company closed on an acquisition of three lots in Austin, Texas for $755,000. On January 29, 2021, the Company closed on an acquisition of 36 lots in Auburn, California for $4,900,000. Between January 16, 2021 and March 1, 2021, the Company closed on an acquisition of an additional 30 lots in Auburn, California for $4,498,300. On February 16, 2021, the Company entered into a sales agreement with a national public builder to sell 99 lots for $7,920,000 closing on or before March 29, 2021. On March 11, 2021, both parties agreed to amend the contract to sell the lots for $8,910,000 closing on or before April 28, 2021. On February 22, 2021, the Company acquired nine lots in Driftwood, Texas for $1,584,350. On February 25, 2021, the Company entered into a sales agreement to acquire 55 lots in Loomis, California for $6,850,000, closing on or before May 26, 2021. On March 3, 2021, the Company hired a SOX Compliance Manager. On March 5, 2021, the Company closed on an acquisition of 145 lots located in Belfair, Washington for $3,915,000. On March 8, 2021, the Company entered into a purchase and sale agreement to acquire 30 lots in Horseshoe Bay, Texas for $2,500,000, closing on or before July 1, 2021. On March 8, 2021, the Company entered into a purchase and sale agreement to acquire four lots in Loomis, California for $1,100,000, closing on or before May 22, 2021. On March 8, 2021, the Company entered into a purchase and sale agreement to acquire the Company’s corporate headquarters office building located in Gig Harbor, Washington for $3,050,000, closing on or before April 30, 2021. On March 9, 2021, the Company entered into a purchase and sale agreement to acquire four lots in Spicewood, Texas for $915,000, closing on or before April 14, 2021. On March 16, 2021, a former employee of the Company exercised 45,046 vested stock options at $0.40 per share and the Company received $18,000. On March 18, 2021, the Company closed on an agreement to acquire 22 lots in Rocklin, California for $3,944,050. On March 23, 2021, the Company entered into a purchase and sale agreement to acquire an 80-unit condominium site in Tacoma, Washington for $2,000,000, closing on or before May 23, 2021. On March 30, 2021, the Company entered into a purchase and sale agreement to sell 144 lots located in Belfair, Washington for $8,640,000. Closing is expected on or before May 15, 2021.

Nature of Operations and Summ_2

Nature of Operations and Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Nature of Operations	Nature of Operations Our principal business activity involves acquiring raw land and developed lots for the purpose of building and selling single family and multi-family dwellings in the Puget Sound region of Washington State, California, and Texas. We utilize our heavy equipment resources to develop an inventory finished building lots and provide development infrastructure construction, on a contract basis, for other home builders. Single family construction and infrastructure construction contracts vary but are typically less than one year. On August 1, 2019, the Company changed its name from Harbor Custom Homes, Inc. to Harbor Custom Development, Inc. The Company became an effective filer with the SEC and started trading on the NASDAQ on August 31, 2020.
Principles of Consolidation	Principles of Consolidation The consolidated financial statements include the following subsidiaries of Harbor Custom Development, Inc. as of the reporting period ending dates as follows (all entities are formed as Washington LLCs): Names Dates of Formation Attributable Interest 2020 2019 Saylor View Estates, LLC March 30, 2014 51 % 51 % Harbor Excavation, LLC* July 3, 2017 N/A N/A Harbor Materials, LLC** July 5, 2018 100 % 100 % Belfair Apartments, LLC December 3, 2019 100 % 100 % * Harbor Excavation, LLC was voluntarily dissolved with the State of Washington as of June 14, 2019. ** Harbor Material, LLC was voluntarily dissolved with the State of Washington as of January 29, 2020. All intercompany transactions and balances have been eliminated in consolidation. As of December 31, 2020, and December 31, 2019, the aggregate non-controlling interest was $(1,289,900) and $(1,060,600).
Basis of Presentation	Basis of Presentation The Company’s consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“US GAAP”). The Company’s Board of Directors and Stockholders approved a 1-for-2.22 reverse split of the Company’s common stock, which was effected on April 15, 2020. The reverse split combined each 2.22 shares of the Company’s outstanding common stock into one share of common stock. No fractional shares were issued in connection with the reverse split, and any fractional shares resulting from the reverse split were rounded up to the nearest whole share. All references to common stock, options to purchase common stock, restricted stock, share data, per share data, and related information, as applicable have been adjusted in the financial statements to reflect the split of our common stock as if it had occurred at the beginning of the earliest period presented. All numbers in these financial statements are rounded to the nearest $100.
Reclassification	Reclassification Certain prior year amounts have been reclassified for consistency with the current year presentation. These reclassifications had no effect on the reported results of operations.
Use of Estimates	Use of Estimates Management uses estimates and assumptions in preparing these financial statements in accordance with generally accepted accounting principles. Those estimates and assumptions affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities, and the reported revenues and expenses. Actual results could vary from the estimates that were used.
Stock-Based Compensation	Stock-Based Compensation Effective as of November 19, 2018, the Company’s Board of Directors and Stockholders approved and adopted the 2018 Incentive and Non-Statutory Stock Option Plan (the “2018 Plan”). The 2018 Plan allows the Administrator (as defined in the 2018 Plan), currently the Board of Directors, to determine the issuance of incentive stock options, non-qualified stock options and restricted stock to eligible employees and outside directors and consultants of the Company. The Company has reserved 675,676 shares of common stock for issuance under the 2018 Plan. The 2020 Restricted Stock Plan allows the Administrator (currently the Compensation Committee), to determine the issuance of restricted stock to eligible officers, directors, and key employees. We reserved 700,000 shares of common stock for issuance under the 2020 Restricted Stock Plan. The Company accounts for stock-based compensation in accordance with ASC Topic 718, “ Compensation – Stock Compensation” The Company recognizes all forms of share-based payments, including stock option grants, warrants and restricted stock grants, at their fair value on the grant date, which are based on the estimated number of awards that are ultimately expected to vest. Options and warrants are valued using a Black-Scholes option pricing model. Grants of share-based payment awards issued to non-employees for services rendered and have been recorded at the fair value of the share-based payment. The grants are amortized on a straight-line basis over the requisite service periods, which is generally the vesting period. If an award is granted, but vesting does not occur, any previously recognized compensation expense is reversed in the period related to the termination of service. Stock-based compensation expenses are included in selling, general and administrative expenses in the consolidated statement of operations. For the years ended December 31, 2020 and 2019 when computing fair value of share-based payments, the Company has considered the following variables: December 31, 2020 December 31, 2019 Risk-free interest rate 0.14% - 1.46 % 1.56-1.84 % Exercise price $ 2.22 - $6.50 $ 0.40 Expected life of grants 2.86 - 6.00 years 5.0-6.53 years Expected volatility of underlying stock 32.39% - 51.94 % 31.75-32.89 % Dividends 0 % 0 % The expected option term is computed using the “simplified” method as permitted under the provisions of ASC 718-10-S99. The Company uses the simplified method to calculate expected term of share options and similar instruments as the Company does not have sufficient historical exercise data to provide a reasonable basis upon which to estimate the expected term. The share price as of the grant date was determined by an independent third party 409(a) valuation until the Company’s stock became publicly traded, now the share price is the public trading price at the time of grant. Expected volatility is based on the historical stock price volatility of comparable companies’ common stock, as our stock does not have sufficient historical trading activity. Risk free interest rates were obtained from U.S. Treasury rates for the applicable periods.
Earnings (Loss) Per Share	Earnings (Loss) Per Share Earnings (loss) per share (“EPS”) is the amount of earnings attributable to each share of common stock. For convenience, the term is used to refer to either earnings or loss per share. EPS is computed pursuant to Section 260-10-45 of the FASB Accounting Standards Codification. Pursuant to ASC Paragraphs 260-10-45-10 through 260-10-45-16, basic EPS shall be computed by dividing income available to common stockholders (the numerator) by the weighted-average number of common shares outstanding (the denominator) during the period. Income available to common stockholders shall be computed by deducting both the dividends declared in the period on preferred stock (whether or not paid) and the dividends accumulated for the period on cumulative preferred stock (whether or not earned) from income from continuing operations (if that amount appears in the income statement) and also from net income. The computation of diluted EPS is similar to the computation of basic EPS except that the denominator is increased to include the number of additional common shares that would have been outstanding if the dilutive potential common shares had been issued during the period to reflect the potential dilution that could occur from common shares issuable through contingent shares issuance arrangement, stock options or warrants. The following table provides a reconciliation of the numerator and denominator used in computing basic and diluted net income (loss) attributable to common stockholders per common share. December 31, 2020 December 31. 2019 Numerator: Net income (loss) attributable to common stockholders $ (3,532,800 ) $ 235,600 Effect of dilutive securities: - - Diluted net income (loss) $ (3,532,800 ) $ 235,600 Denominator: Weighted average common shares outstanding - basic 4,214,418 3,513,517 Dilutive securities (a): Options - - Warrants - - Weighted average common shares outstanding and assumed conversion – diluted 4,214,418 3,513,517 Basic net income (loss) per common share $ (0.84 ) $ 0.07 Diluted net income (loss) per common share $ (0.84 ) $ 0.07 (a) - Anti-dilutive securities excluded: 241,609 139,742
Fair Value of Financial Instruments	Fair Value of Financial Instruments For purpose of this disclosure, the fair value of a financial instrument is the amount at which the instrument could be exchanged in a current transaction between willing parties, other than in a forced sale or liquidation. The carrying amount of the Company’s short-term financial instruments approximates fair value due to the relatively short period to maturity for these instruments.
Cash and Cash Equivalents	Cash and Cash Equivalents For purposes of the statement of cash flows, the Company considers all short-term debt securities purchased with a maturity of three months or less to be cash equivalents. There were no cash equivalents as of December 31, 2020 or 2019.
Accounts Receivable	Accounts Receivable Accounts receivable are reported at the amount the Company expects to collect from outstanding balances. The Company provides an allowance for doubtful accounts based upon a review of the outstanding accounts receivable, historical collection information and existing economic conditions. The Company determines if receivables are past due based on days outstanding, and amounts are written off when determined to be uncollectible by management. The allowance for doubtful accounts was $0 and $11,300 as of December 31, 2020 and 2019.
Property and Equipment and Depreciation	Property and Equipment and Depreciation Property and equipment are recorded at cost. Expenditures for major additions and betterments are capitalized. Maintenance and repairs are charged to operations as incurred. Depreciation is computed by the straight-line method (after considering their respective estimated residual values) over the estimated useful lives: Construction Equipment 10 years Leasehold improvements The lesser of 10 years or the remaining life of the lease Furniture and Fixtures 5 years Computers 3 years Vehicles 10 years
Real Estate Assets	Real Estate Assets Real estate assets are recorded at cost, except when real estate assets are acquired that meet the definition of a business combination in accordance with Financial Accounting Standards Board (“FASB”) ASC 805, “Business Combinations,” where acquired assets are recorded at fair value. Interest, property taxes, insurance, and other incremental costs (including salaries) directly related to a project are capitalized during the construction period of major facilities and land improvements. The capitalization period begins when activities to develop the parcel commence and ends when the asset constructed is completed. The capitalized costs are recorded as part of the asset to which they relate and are expensed when the underlying asset is sold. The Company capitalized interest from related party borrowings of $1,024,800 and $1,229,400 for the years ended December 31, 2020 and 2019, respectively. The Company capitalized interest from third-party borrowings of $2,401,400 and $1,563,700 for the years ended December 31, 2020 and 2019, respectively. A property is classified as “held for sale” when all the following criteria for a plan of sale have been met: (1) Management, having the authority to approve the action, commits to a plan to sell the property: (2) The property is available for immediate sale in its present condition, subject only to terms that are usual and customary; (3) An active program to locate a buyer and other actions required to complete the plan to sell, have been initiated; (4) The sale of the property is probable and is expected to be completed within one year of the contract date; (5) The property is being actively marketed for sale at a price that is reasonable in relation to its current fair value, and (6) Actions necessary to complete the plan of sale indicate that it is unlikely that significant changes to the plan will be made or that the plan will be withdrawn. When all these criteria have been met, the property is classified as “held for sale.” In addition to the annual assessment of potential triggering events in accordance with ASC 360, the Company applies a fair value-based impairment test to the net book value assets on an annual basis and on an interim basis if certain events or circumstances indicate that an impairment loss may have occurred. As of December 31, 2020, and 2019, the Company did not have any projects that qualified for an impairment charge.
Revenue and Cost Recognition	Revenue and Cost Recognition Accounting Standards codification (“ASC”) 606, Revenue from Contracts with Customers (“ASC 606”), establishes principles for reporting information about the nature, amount, timing and uncertainty of revenue and cash flows arising from the entity’s contract to provide goods or services to customers. In accordance with ASC 606, revenue is recognized when a customer obtains control of promised good or service. The amount of revenue recognized reflects the consideration to which we expect to be entitled to receive in exchange for these goods or services. The provision of ASC 606 includes a five-step process by which we determine revenue recognition, depicting the transfer of goods or services to customers in amounts reflecting the payment to which we expect to be entitled in exchange for those goods or services. ASC 606 requires us to apply the following steps: (1) identify the contract with the customer; (2) identify the performance obligations in the contract; (3) determine the transaction price; (4) allocate the transaction price to the performance obligations in the contract; and (5) recognize revenue when, or as, performance obligations are satisfied. A detailed breakdown of the five-step process for the revenue recognition of Real Estate Revenue is as follows: 1. Identify the contract with a customer. The Company signs an agreement with a home buyer to purchase a lot with a completed house. 2. Identify the performance obligations in the contract. Performance obligations of the company include delivering a develop lot with a completed house to the customer, which are required to meet certain specifications that are outlined in the contract. 3. Determine the transaction price. The transaction price is fixed and specified in the contract. Any subsequent change orders or price changes are required to be approved by both parties. 4. Allocation of the transaction price to performance obligations in the contract Each lot with a completed house is a separate performance obligation, for which the specific price in the contract is allocated. 5. Recognize revenue when (or as) the entity satisfies a performance obligation. The Company recognizes revenue when title is transferred. The Company does not have further performance obligation once title is transferred. A detailed breakdown of the five-step process for the revenue recognition of Construction Materials sold to or received from contractors is as follows: 1. Identify the contract with a customer. There are no signed contracts. Each transaction is verbally agreed to with the customer. 2. Identify the performance obligations in the contract. To deliver or receive materials from customers based on the verbal agreement reached. 3. Determine the transaction price. The Company has a set price list for receiving approved fill materials to recycle or provide customers with a combination of said materials. 4. Allocation of the transaction price to performance obligations in the contract. There is only one performance obligation, which is to pick up or deliver the materials. The entire transaction price is therefore allocated to the performance obligation. 5. Recognize revenue when (or as) the entity satisfies a performance obligation. The performance obligation is fulfilled, and revenue is recognized when the materials have been received or delivered by the company. Revenues for Real Estate and Construction Materials: Revenues from contracts with customers are summarized by product category as follows for the years ended December 31: 2020 2019 Real Estate $ 49,814,500 $ 30,683,400 Construction Materials 582,500 270,100 Total Revenue $ 50,397,000 $ 30,953,500
Cost of Sales	Cost of Sales Land acquisition costs are allocated to each lot based on the size of the lot in relation to the size of the total project. Development cost and capitalized interest are allocated to lots sold based on the same criteria. Cost relating to the handling of recycled construction materials and converting items into usable construction materials for resale are charged to cost of sales as incurred.
Advertising	Advertising Costs for designing, producing, and communicating advertising are expensed as incurred. Advertising expense for the years ended December 31, 2020 and 2019 were $37,500 and $67,500, respectively.
Leases	Leases In February 2016, the FASB issued ASU 2016-02 “ Leases” On January 1, 2019, the Company adopted ASC 842 using the modified retrospective approach and recognized a right of use (“ROU”) asset and related liability on the consolidated balance sheet in the amount of $474,200 related to the operating lease for office and warehouse space. As part of the adoption the Company elected the practical expedients permitted under the transition guidance within the new standard, which among other things, allowed the Company to: 1. Not separate non-lease components from lease components and instead to account for each separate lease component and the non-lease components associated with that lease component as a single lease. 2. Not to apply the recognition requirements in ASC 842 to short-term leases. 3. Not record a right of use asset or right of use liability for leases with an asset or liability balance that would be considered immaterial. Refer to Note 12. Leases for additional disclosures required by ASC 842.
Income Taxes	Income Taxes Deferred income tax assets and liabilities are determined based on the estimated future tax effects of net operating loss, credit carryforwards and temporary differences between the tax basis of assets and liabilities and their respective financial reporting amounts measured at the current enacted tax rates. Management applies the criteria established in the to determine if any valuation allowances are needed each year. The Company recognizes a tax benefit for an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the position. There are no uncertain tax positions as of December 31, 2020 and December 31, 2019.
Recent Accounting Pronouncements	Recent Accounting Pronouncements On February 25, 2016, the Financial Accounting Standards Board (FASB) released Accounting Standards Update No. 2016-02, Leases (Topic 842) (the Update). This ASU requires an entity to recognize a right-of-use asset (“ROU”) and lease liability for all leases with terms of more than 12 months. The amendments also require certain quantitative and qualitative disclosures about leasing arrangements. Leases will be classified as finance or operating, with classification affecting the pattern and classification of expense recognition in the income statement. The new standard is effective for the Company on January 1, 2019, with early adoption permitted. The adoption has been reflected in the right of use asset and liability on the balance sheet. On December 18, 2019, the Financial Accounting Standards Board (FASB) released Accounting Standards Update No. 2019-12, Income taxes (Topic 740) (the Update). The Board issued this update as part of its initiative to reduce complexity in accounting standards. The Standard is effective for fiscal years beginning after December 15, 2020. The Company is currently evaluating the effect of this standard.
Impairment of Long-Lived Assets	Impairment of Long-Lived Assets The Company reviews long-lived assets for impairment whenever events or circumstances indicate that the carrying value of such assets may not be fully recoverable. Impairment is present when the sum of undiscounted estimates future cash flow expected to result from use of the assets is less than carrying value. If impairment is present, the carrying value of the impaired asset is reduced to its fair value. Fair value is determined based on discounted cash flow or appraised values, depending on the nature of the assets. As of December 31, 2020, and December 31, 2019, there were no impairment losses recognized for long-lived assets.
Offering Costs Associated with a Public Offering	Offering Costs associated with a Public Offering The Company complies with the requirements of FASB ASC 340-10-S99-1 and SEC Staff Accounting Bulletin (“SAB”) Topic 5A — “ Expenses of Offering.” On January 15, 2021, we closed on a follow-on public offering and overallotment option, respectively, of our common stock. During 2020, we incurred approximately $65,100 of capitalizable costs associated with the follow-on public offering, which will be netted against the proceeds of the follow-on public offering in 2021. These costs were capitalized as of December 31, 2020 and are shown on the balance sheet as Deferred Offering Costs.

Nature of Operations and Summ_3

Nature of Operations and Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Schedule of Statement of Subsidiaries	The consolidated financial statements include the following subsidiaries of Harbor Custom Development, Inc. as of the reporting period ending dates as follows (all entities are formed as Washington LLCs): Names Dates of Formation Attributable Interest 2020 2019 Saylor View Estates, LLC March 30, 2014 51 % 51 % Harbor Excavation, LLC* July 3, 2017 N/A N/A Harbor Materials, LLC** July 5, 2018 100 % 100 % Belfair Apartments, LLC December 3, 2019 100 % 100 % * Harbor Excavation, LLC was voluntarily dissolved with the State of Washington as of June 14, 2019. ** Harbor Material, LLC was voluntarily dissolved with the State of Washington as of January 29, 2020.
Schedule of Fair Value Assumptions of Share-Based Payments	For the years ended December 31, 2020 and 2019 when computing fair value of share-based payments, the Company has considered the following variables: December 31, 2020 December 31, 2019 Risk-free interest rate 0.14% - 1.46 % 1.56-1.84 % Exercise price $ 2.22 - $6.50 $ 0.40 Expected life of grants 2.86 - 6.00 years 5.0-6.53 years Expected volatility of underlying stock 32.39% - 51.94 % 31.75-32.89 % Dividends 0 % 0 %
Schedule of Net Income (Loss) Per Share	The following table provides a reconciliation of the numerator and denominator used in computing basic and diluted net income (loss) attributable to common stockholders per common share. December 31, 2020 December 31. 2019 Numerator: Net income (loss) attributable to common stockholders $ (3,532,800 ) $ 235,600 Effect of dilutive securities: - - Diluted net income (loss) $ (3,532,800 ) $ 235,600 Denominator: Weighted average common shares outstanding - basic 4,214,418 3,513,517 Dilutive securities (a): Options - - Warrants - - Weighted average common shares outstanding and assumed conversion – diluted 4,214,418 3,513,517 Basic net income (loss) per common share $ (0.84 ) $ 0.07 Diluted net income (loss) per common share $ (0.84 ) $ 0.07 (a) - Anti-dilutive securities excluded: 241,609 139,742
Schedule of Property and Equipment Estimated Useful Lives	Depreciation is computed by the straight-line method (after considering their respective estimated residual values) over the estimated useful lives: Construction Equipment 10 years Leasehold improvements The lesser of 10 years or the remaining life of the lease Furniture and Fixtures 5 years Computers 3 years Vehicles 10 years
Schedule of Revenues from Contracts with Customers	Revenues from contracts with customers are summarized by product category as follows for the years ended December 31: 2020 2019 Real Estate $ 49,814,500 $ 30,683,400 Construction Materials 582,500 270,100 Total Revenue $ 50,397,000 $ 30,953,500

Property and Equipment (Tables)

Property and Equipment (Tables)	12 Months Ended
	Dec. 31, 2020
Property, Plant and Equipment [Abstract]
Schedule of Property and Equipment	Property and equipment stated at cost, less accumulated depreciation and amortization, consisted of the following: December 31, 2020 December 31, 2019 Machinery and Equipment $ 8,908,000 $ 5,654,100 Vehicles 73,500 83,600 Furniture and Fixtures 136,300 54,900 Leasehold Improvements 7,000 7,000 Total Fixed Assets 9,124,800 5,799,600 Less Accumulated Depreciation (948,800 ) (727,700 ) Fixed Assets, Net $ 8,176,000 $ 5,071,900

Real Estate (Tables)

Real Estate (Tables)	12 Months Ended
	Dec. 31, 2020
Real Estate [Abstract]
Schedule of Real Estate	Real Estate consisted of the following components: December 31, 2020 December 31, 2019 Land Held for Development $ 9,532,800 $ 9,707,800 Construction in Progress 9,042,700 12,879,600 Held for Sale 1,794,800 2,239,300 $ 20,370,300 $ 24,826,700

Equipment Loans (Tables)

Equipment Loans (Tables)	12 Months Ended
	Dec. 31, 2020
Debt Disclosure [Abstract]
Schedule of Equipment Loans	Consists of the following: December 31, 2020 December 31, 2019 Various notes payable to banks and financial institutions with interest rates varying from 0.00% to 14.41%, collateralized by equipment with monthly payments ranging from $400 to $11,600 through 2025: $ 5,595,500 $ 3,476,800 Book value of collateralized equipment: $ 6,475,600 $ 4,539,900
Schedule of Future Equipment Loan Maturities	Future equipment loan maturities are as follows: For the years ended December 31: 2021 $ 1,495,300 2022 1,532,200 2023 1,345,300 2024 1,165,100 2025 57,600 $ 5,595,500

Note Payable PPP (Tables)

Note Payable PPP (Tables)	12 Months Ended
	Dec. 31, 2020
Debt Disclosure [Abstract]
Schedule of Future Note Payable Loan Maturities	Future note payable loan maturities are as follows: For the years ended December 31: 2021 $ 14,600 2022 4,700 $ 19,300

Leases (Tables)

Leases (Tables)	12 Months Ended
	Dec. 31, 2020
Notes to Financial Statements
Schedule of Components of Lease Expense	The components of lease expense were as follows: Year Ended Year Ended December 31, 2020 December 31, 2019 Finance leases: Depreciation of assets $ 88,000 $ 98,300 Interest on lease liabilities 38,000 52,600 Operating lease expense 328,300 200,800 Total net lease cost $ 454,300 $ 351,700
Schedule of Supplemental Balance Sheet Information Related to Leases	Supplemental balance sheet information related to leases was as follows: December 31, 2020 December 31, 2019 Operating leases: Operating lease ROU assets $ 873,800 $ 1,132,700 Total ROU Liabilities $ 841,700 $ 1,115,500 Finance leases: Property and equipment, at cost $ 1,411,100 $ 983,400 Accumulated depreciation 140,400 250,500 Property and equipment, net $ 1,270,700 $ 732,900 Total Finance lease liabilities $ 999,400 $ 520,700
Schedule of Supplemental Cash Flow and Other Information Related to Leases	Supplemental cash flow and other information related to leases was as follows: Year Ended Year Ended December 31, 2020 December 31, 2019 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ (273,800 ) $ (170,700 ) Financing cash flows from finance leases (564,400 ) (185,100 ) Assets obtained in exchange for lease liabilities: Operating leases $ 0 $ 1,286,200 Finance leases 1,043,100 0 Weighted average remaining lease term (in years): Operating leases 3.2 3.8 Finance leases 3.1 2.0 Weighted average discount rate: Operating leases 9.9 % 7.0 % Finance leases 5.2 % 7.98 %
Schedule of Minimum Lease Payments Under the Terms of the Leases	The minimum lease payments under the terms of the leases are as follows: For the years ended December 31, 2020: Operating Leases Finance Leases Total 2021 $ 320,800 $ 397,100 $ 717,900 2022 303,000 269,400 572,400 2023 196,800 264,500 461,300 2024 113,900 161,300 276,200 2025 - - - Total lease payments $ 934,500 $ 1,093,300 $ 2,027,800 Less amount of discount/interest (92,800 ) (93,900 ) (186,700 ) $ 841,700 $ 999,400 $ 1,841,100

Income Tax (Tables)

Income Tax (Tables)	12 Months Ended
	Dec. 31, 2020
Income Tax Disclosure [Abstract]
Schedule of Components of Net Deferred Tax Assets and Liabilities	The components of net deferred tax assets and liabilities at December 31, 2020 and 2019 are set forth below: December 31, 2020 December 31, 2019 Deferred tax assets: Federal NOL Carryforward $ 1,794,200 $ 2,316,300 UNICAP 193,000 777,800 Lease Liability 176,700 - Stock Based compensation 9,200 - Investments 57,100 - Total assets 2,230,200 3,094,100 Deferred tax liabilities: Property and equipment 1,705,400 2,922,500 Right of use assets 183,500 - Total liabilities 1,888,900 2,922,500 Subtotal deferred tax assets (liabilities) 341,300 171,600 Valuation Allowance (341,300 ) - Net deferred tax assets (liabilities) $ - $ 171,600
Schedule of Components of Income Tax Expense and the Effective Tax Rates	The components of income tax expense and the effective tax rates for the years ended December 31, 2020 and 2019 are as follows: Years Ended December 31, 2020 2019 Current: Federal $ - $ - Total Current - - Deferred: Federal (224,500 ) (634,600 ) Total Deferred (224,500 ) (634,600 ) Valuation Allowance 341,300 - Total Income Tax (Benefit) Expense $ 116,800 $ (634,600 )
Schedule of Expected Income Tax Rate	The expected tax rate differs from the U.S. Federal statutory rate as follows: 2020 2019 US Federal statutory rate 21 % 21 % Adjustment for Deferred Tax (16.3 %) 124 % PPP Loan forgiveness 3.2 % 0 % Change in Federal Valuation Allowance (9.4 %) 0 % Non-controlling interest (1.3 %) 0 % Other (0.4 %) 0 % Effective Tax Rate (3.2 %) 145 %

Stockholders' Equity (Deficit)

Stockholders' Equity (Deficit) (Tables)	12 Months Ended
	Dec. 31, 2020
Equity [Abstract]
Schedule of Stock Options Activity	The following is a summary of the Company’s option activity: Options Weighted Average Exercise Price Outstanding – December 31, 2018 157,664 $ 0.42 Exercisable – December 31, 2018 - $ - Granted 106,762 $ 0.40 Exercised - $ - Forfeited/Cancelled - $ - Outstanding – December 31, 2019 264,426 $ 0.41 Exercisable – December 31, 2019 117,218 $ 0.42 Granted 213,784 $ 4.79 Exercised - $ - Forfeited/Cancelled (36,038 ) $ 0.40 Outstanding – December 31, 2020 442,172 $ 2.53 Exercisable – December 31, 2020 219,085 $ 1.31
Schedule of Stock Options Outstanding and Exercisable	Options Outstanding Options Exercisable Exercise Price Number Outstanding Weighted Average Remaining Contractual Life (in years) Weighted Average Exercise Price Number Exercisable Weighted Average Exercise Price $ 0.40- $6.50 442,172 6.00 $ 2.53 219,085 $ 1.31
Schedule of Warrants Activity	The following is a summary of the Company’s warrant activity: Warrants Weighted Average Exercise Price Outstanding – December 31, 2018 - $ - Exercisable – December 31, 2018 - $ - Granted 22,524 $ 0.40 Exercised - $ - Forfeited/Cancelled - $ - Outstanding – December 31, 2019 22,524 $ 0.40 Exercisable – December 31, 2019 22,524 $ 0.40 Granted 88,335 $ 7.50 Exercised - $ - Forfeited/Cancelled - $ - Outstanding – December 31, 2020 110,859 $ 6.06 Exercisable – December 31, 2020 22,524 $ 0.40
Schedule of Warrants Outstanding and Exercisable	Warrants Outstanding Warrants Exercisable Exercise Price Number Outstanding Weighted Average Remaining Contractual Life (in years) Weighted Average Exercise Price Number Exercisable Weighted Average Exercise Price $ 0.40- $7.50 110,859 5.51 $ 6.06 22,524 $ 0.40
Schedule of Restricted Stock Unit Activity	The following is a summary of the Company’s RSU activity: RSU Weighted Average Exercise Price Outstanding – December 31, 2019 - $ - Exercisable – December 31, 2019 - $ - Granted 34,000 $ 4.53 Exercised - $ - Forfeited/Cancelled - $ - Outstanding – December 31, 2020 34,000 $ 4.53 Exercisable – December 31, 2020 8,500 $ 4.53

Nature of Operations and Summ_4

Nature of Operations and Summary of Significant Accounting Policies (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Sep. 01, 2020	Nov. 19, 2018
Non-controlling interest	$ (1,289,900)	$ (1,060,600)
Reverse stock split	1-for-2.22 reverse split of the Company’s common stock, which was effected on April 15, 2020. The reverse split combined each 2.22 shares of the Company's outstanding common stock into one share of common stock.
Number of financial statements, description	All numbers in these financial statements are rounded to the nearest $100.
Cash equivalents
Allowance for doubtful accounts	0	11,300
Capitalized interest from related party borrowings	1,024,800	1,229,400
Capitalized interest from third-party borrowings	2,401,400	1,563,700
Advertising expense	37,500	67,500
Offering costs	$ 65,100		$ 1,401,100
2018 Plan [Member]
Reserved shares of common stock issuance				675,676
2020 Restricted Stock Plan [Member]
Reserved shares of common stock issuance	700,000

Nature of Operations and Summ_5

Nature of Operations and Summary of Significant Accounting Policies - Schedule of Statement of Subsidiaries (Details)		12 Months Ended
		Dec. 31, 2020	Dec. 31, 2019
Saylor View Estates, LLC [Member]
Dates of Formation		Mar. 30, 2014
Attributable Interest		51.00%	51.00%
Harbor Excavation, LLC [Member]
Dates of Formation	[1]	Jul. 3, 2017
Attributable Interest	[1]	0.00%	0.00%
Harbor Materials, LLC [Member]
Dates of Formation	[2]	Jul. 5, 2018
Attributable Interest	[2]	100.00%	100.00%
Belfair Apartments, LLC [Member]
Dates of Formation		Dec. 3, 2019
Attributable Interest		100.00%	100.00%
[1]	Harbor Excavation, LLC was voluntarily dissolved with the State of Washington as of June 14, 2019.
[2]	Harbor Material, LLC was voluntarily dissolved with the State of Washington as of January 29, 2020.

Nature of Operations and Summ_6

Nature of Operations and Summary of Significant Accounting Policies - Schedule of Fair Value Assumptions of Share-Based Payments (Details) - $ / shares	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Exercise Price		$ 0.40
Dividends	0.00%	0.00%
Minimum [Member]
Risk-free interest rate	0.14%	1.56%
Exercise Price	$ 2.22
Expected life of grants	2 years 10 months 10 days	5 years
Expected volatility of underlying stock	32.39%	31.75%
Maximum [Member]
Risk-free interest rate	1.46%	1.84%
Exercise Price	$ 6.50
Expected life of grants	6 years	6 years 6 months 10 days
Expected volatility of underlying stock	51.94%	32.89%

Nature of Operations and Summ_7

Nature of Operations and Summary of Significant Accounting Policies - Schedule of Net Income (Loss) Per Share (Details) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Net loss attributable to common stockholders	$ (3,532,800)	$ 235,600
Effect of dilutive securities:
Diluted net loss	$ (3,532,800)	$ 235,600
Weighted average common shares outstanding - basic	4,214,418	3,513,517
Dilutive securities (a): Options
Dilutive securities (a): Warrants
Weighted average common shares outstanding and assumed conversion - diluted	4,214,418	3,513,517
Basic net loss per common share	$ (0.84)	$ 0.07
Diluted net loss per common share	$ (0.84)	$ 0.07
(a) - Anti-dilutive securities excluded:	241,609	139,742

Nature of Operations and Summ_8

Nature of Operations and Summary of Significant Accounting Policies - Schedule of Property and Equipment Estimated Useful Lives (Details)	12 Months Ended
	Dec. 31, 2020
Construction Equipment [Member]
Property and equipment estimated useful life	10 years
Leasehold Improvements [Member]
Property and equipment useful lives	The lesser of 10 years or the remaining life of the lease
Furniture and Fixtures [Member]
Property and equipment estimated useful life	5 years
Computers [Member]
Property and equipment estimated useful life	3 years
Vehicles [Member]
Property and equipment estimated useful life	10 years

Nature of Operations and Summ_9

Nature of Operations and Summary of Significant Accounting Policies - Schedule of Revenues from Contracts with Customers (Details) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Total Revenue	$ 50,397,000	$ 30,953,500
Real Estate [Member]
Total Revenue	49,814,500	30,683,400
Construction Materials [Member]
Total Revenue	$ 582,500	$ 270,100

Concentration, Risks, and Unc_2

Concentration, Risks, and Uncertainties (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Uninsured cash	$ 2,146,000	$ 177,600
Revenue from contract with customer	50,397,000	30,953,500
Customer Concentration Risk [Member] | Lennar Northwest, Inc [Member]
Revenue from contract with customer	$ 12,538,000	$ 7,015,000
Concentration risk revnue percentage	25.00%	23.00%

Property and Equipment (Details

Property and Equipment (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Property, Plant and Equipment [Abstract]
Depreciation expense	$ 619,800	$ 427,600

Property and Equipment - Schedu

Property and Equipment - Schedule of Property and Equipment (Details) - USD ($)	Dec. 31, 2020	Dec. 31, 2019
Total Fixed Assets	$ 9,124,800	$ 5,799,600
Less Accumulated Depreciation	(948,800)	(727,700)
Fixed Assets, Net	8,176,000	5,071,900
Machinery and Equipment [Member]
Total Fixed Assets	8,908,000	5,654,100
Vehicles [Member]
Total Fixed Assets	73,500	83,600
Furniture and Fixtures [Member]
Total Fixed Assets	136,300	54,900
Leasehold Improvements [Member]
Total Fixed Assets	$ 7,000	$ 7,000

Real Estate - Schedule of Real

Real Estate - Schedule of Real Estate (Details) - USD ($)	Dec. 31, 2020	Dec. 31, 2019
Real Estate [Abstract]
Land Held for Development	$ 9,532,800	$ 9,707,800
Construction in Progress	9,042,700	12,879,600
Held for Sale	1,794,800	2,239,300
Real estate	$ 20,370,300	$ 24,826,700

Equipment Loans - Schedule of E

Equipment Loans - Schedule of Equipment Loans (Details) - USD ($)	Dec. 31, 2020	Dec. 31, 2019
Debt Disclosure [Abstract]
Various notes payable to banks and financial institutions with interest rates varying from 0.00% to 14.41%, collateralized by equipment with monthly payments ranging from $400 to $11,600 through 2025:	$ 5,595,500	$ 3,476,800
Book value of collateralized equipment	$ 6,475,600	$ 4,539,900

Equipment Loans - Schedule of_2

Equipment Loans - Schedule of Equipment Loans (Details) (Parenthetical) - Bank [Member]	12 Months Ended
	Dec. 31, 2020USD ($)
Debt maturity date, description	Through 2025
Minimum [Member]
Debt insterest rate	0.00%
Monthly payments	$ 400
Maximum [Member]
Debt insterest rate	14.41%
Monthly payments	$ 11,600

Equipment Loans - Schedule of F

Equipment Loans - Schedule of Future Equipment Loan Maturities (Details) - USD ($)	Dec. 31, 2020	Dec. 31, 2019
Debt Disclosure [Abstract]
2021	$ 1,495,300
2022	1,532,200
2023	1,345,300
2024	1,165,100
2025	57,600
Equipment Loans	$ 5,595,500	$ 3,476,800

Construction Loans (Details Nar

Construction Loans (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Debt instrument face amount	$ 10,092,500	$ 9,647,700
Book value of collateralized real estate	$ 20,370,300	$ 24,826,700
Construction Loans [Member]
Debt instrument term	1 year
Construction Loans [Member] | Minimum [Member]
Debt instrument interest rate percentage	8.00%
Construction Loans [Member] | Maximum [Member]
Debt instrument interest rate percentage	40.00%

Note Payable D&O Insurance (Det

Note Payable D&O Insurance (Details Narrative) - USD ($)	Aug. 28, 2020	Dec. 31, 2020	Dec. 31, 2019
Note Payable D&O Insurance		$ 741,200
D&O Insurance [Member]
Payment to acquire insurance	$ 1,531,900
Down payment for insurance	$ 306,400
Debt instrument term	10 months
Debt instrument interest rate	4.74%
Interest and debt expense	$ 16,600

Note Payable PPP (Details Narra

Note Payable PPP (Details Narrative) - USD ($)	Nov. 09, 2020	Apr. 11, 2020	Dec. 31, 2020	Dec. 31, 2019
Debt instrument face amount			$ 10,092,500	$ 9,647,700
Debt forgiveness			562,300
Term Note [Member] | PPP Loan [Member]
Debt instrument face amount		$ 582,800
Interest rate percentage		1.00%
Debt instrument payment terms		Beginning in November 2020, the Company will make 18 equal monthly payments of principal and interest with the final payment due in April 2022. The PPP Term Note may be accelerated upon the occurrence of an event of default.
Term Note [Member] | PPP Loan [Member] | SBA [Member]
Debt instrument face amount			$ 19,300
Debt forgiveness	$ 562,300

Note Payable PPP - Schedule of

Note Payable PPP - Schedule of Future Note Payable Loan Maturities (Details) - Term Note [Member] - PPP Loan [Member]	Dec. 31, 2020USD ($)
2021	$ 14,600
2022	4,700
Note Payable	$ 19,300

Defined Contribution Plan (Deta

Defined Contribution Plan (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
401 (k) [Member]
Employer contribution to defined contribution plan	$ 70,900	$ 29,800

Commitments and Contingencies (

Commitments and Contingencies (Details Narrative)	Nov. 18, 2020USD ($)	Sep. 17, 2020USD ($)a	Aug. 28, 2020USD ($)	Jun. 15, 2020USD ($)	Dec. 31, 2020USD ($)	Dec. 31, 2019USD ($)
Nonrefundable earnest money					$ 896,300	$ 73,200
Payment to acquire property, pland and equipment					408,000	$ 402,800
Sale Agreement [Member] | National Public Builder [Member]
Amount received from sale of finished lots	$ 7,000,000
Nonrefundable earnest money					$ 875,000
Purchase and Sale Agreement [Member] | Auburn, California [Member]
Payment to acquire property, pland and equipment	$ 4,900,000
Purchase and Sale Agreement [Member] | Port Orchard, Washington [Member]
Area of land | a		9.6
Payment to acquire property, pland and equipment		$ 1,440,000
Purchase and Sale Agreement [Member] | Bremerton, Washington [Member]
Payment to acquire property, pland and equipment			$ 1,500,000
Purchase and Sale Agreement [Member] | East Bremerton, Washington [Member]
Payment to acquire property, pland and equipment				$ 2,040,000

Related Party Transactions (Det

Related Party Transactions (Details Narrative) - USD ($)	Dec. 31, 2020	Aug. 13, 2020	May 31, 2020	Apr. 19, 2020	Dec. 31, 2019	Dec. 31, 2020	Dec. 31, 2019
Interest expense						$ 382,900	$ 358,300
Debt instrument face amount	$ 10,092,500				$ 9,647,700	10,092,500	9,647,700
Due to related party					8,100		8,100
Land and related mining bond					495,500		495,500
Amount received in exchage for transfer					0
Distributions to owner					495,500		349,400
Payment to acquire property						408,000	402,800
Curb Funding, LLC [Member]
Debt instrument term		1 year
Debt instrument interest rate percentage		12.00%
Debt discounts	0					1,100
Debt instrument face amount	$ 3,500				0	3,500	0
Olympic Views, LLC [Member]
Payment to acquire property						$ 3,430,000
SGRE, LLC [Member]
Ownership percentage	100.00%					100.00%
Percentage of commision payable	25.00%					25.00%
Commission expense						$ 136,500	0
Due to related party	$ 0				8,100	0	8,100
Richard Schmidktke [Member]
Fees payable						500	13,500
Accounting expenses						$ 51,000	26,300
Construction Loans [Member]
Debt instrument term						1 year
Construction Loans [Member] | Minimum [Member]
Debt instrument interest rate percentage	8.00%					8.00%
Construction Loans [Member] | Maximum [Member]
Debt instrument interest rate percentage	40.00%					40.00%
Construction Loans [Member] | Sound Capital Loans Inc [Member]
Debt instrument term						1 year
Loan origination fees						$ 418,300	771,700
Debt discounts						202,500	402,300
Prepaid interest	$ 726,500				705,700	726,500	705,700
Prepaid interest reserve	466,600				451,500	466,600	451,500
Outstanding loan balances	$ 6,438,100				14,935,000	6,438,100	14,935,000
Interest expense						$ 3,000	0
Construction Loans [Member] | Sound Capital Loans Inc [Member] | Minimum [Member]
Debt instrument interest rate percentage	7.99%					7.99%
Construction Loans [Member] | Sound Capital Loans Inc [Member] | Maximum [Member]
Debt instrument interest rate percentage	12.00%					12.00%
Construction Loans [Member] | Olympic Views, LLC [Member]
Debt instrument interest rate percentage				12.00%
Outstanding loan balances	$ 0				$ 442,000	$ 0	442,000
Interest expense						$ 17,400	$ 37,600
Ownership percentage				50.00%
Debt instrument face amount				$ 442,000
Debt instrument maturity date				Apr. 19, 2020
Accrued interest			$ 55,000
Share issued price per share			$ 6
Stock issued during period shares			82,826

Leases (Details Narrative)

Leases (Details Narrative)	Dec. 31, 2020
Leases [Abstract]
Lease term	12 months

Leases - Schedule of Components

Leases - Schedule of Components of Lease Expense (Details) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Leases [Abstract]
Finance leases: Depreciation of assets	$ 88,000	$ 98,300
Finance leases: Interest on lease liabilities	38,000	52,600
Operating Lease Expense	328,300	200,800
Total net lease cost	$ 454,300	$ 351,700

Leases - Schedule of Supplement

Leases - Schedule of Supplemental Balance Sheet Information Related to Leases (Details) - USD ($)	Dec. 31, 2020	Dec. 31, 2019
Leases [Abstract]
Operating lease ROU assets	$ 873,800	$ 1,132,700
Total ROU Liabilities	841,700	1,115,500
Property and equipment, at cost	1,411,100	983,400
Accumulated depreciation	140,400	250,500
Property and equipment, net	1,270,700	732,900
Total Finance lease liabilities	$ 999,400	$ 520,700

Leases - Schedule of Suppleme_2

Leases - Schedule of Supplemental Cash Flow and Other Information Related to Leases (Details) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Leases [Abstract]
Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases	$ (273,800)	$ (170,700)
Cash paid for amounts included in the measurement of lease liabilities: Financing cash flows from finance leases	(564,400)	(185,100)
Assets obtained in exchange for lease liabilities: Operating leases	0	1,286,200
Assets obtained in exchange for lease liabilities: Finance leases	$ 1,043,100	$ 0
Weighted average remaining lease term (in years): Operating leases	3 years 2 months 12 days	3 years 9 months 18 days
Weighted average remaining lease term (in years): Finance leases	3 years 1 month 6 days	2 years
Weighted average discount rate: Operating leases	9.90%	7.00%
Weighted average discount rate: Finance leases	5.20%	7.98%

Leases - Schedule of Minimum Le

Leases - Schedule of Minimum Lease Payments Under the Terms of the Leases (Details) - USD ($)	Dec. 31, 2020	Dec. 31, 2019
Leases [Abstract]
Operating Leases, 2021	$ 320,800
Operating Leases, 2022	303,000
Operating Leases, 2023	196,800
Operating Leases, 2024	113,900
Operating Leases, 2025
Operating Leases, Total Lease payments	934,500
Operating Leases, Less Amount discount/Interest	(92,800)
Operating lease	841,700	$ 1,115,500
Finance Leases, 2021	397,100
Finance Leases, 2022	269,400
Finance Leases, 2023	264,500
Finance Leases, 2024	161,300
Finance Leases, 2025
Finance Leases, Total Lease payments	1,093,300
Finance Leases, Less Amount discount/Interest	(93,900)
Finance Leases	999,400	$ 520,700
2021	717,900
2022	572,400
2023	461,300
2024	276,200
2025
Total Lease payments	2,027,800
Less Amount discount/Interest	(186,700)
Total lease	$ 1,841,100

Income Tax (Details Narrative)

Income Tax (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Change in valuation allowance	$ 341,300
Net operating losses	$ (3,490,700)	$ (158,400)
Limitations on use	These NOLs will not expire but are limited to 80% of taxable income, due to the CARES Act.
Federal [Member]
Net operating losses	$ 8,500,000

Income Tax - Schedule of Deferr

Income Tax - Schedule of Deferred Tax Assets and Liabilities (Details) - USD ($)	Dec. 31, 2020	Dec. 31, 2019
Income Tax Disclosure [Abstract]
Federal NOL Carryforward	$ 1,794,200	$ 2,316,300
UNICAP	193,000	777,800
Lease Liability	176,700
Stock Based compensation	9,200
Investments	57,100
Total assets	2,230,200	3,094,100
Property and equipment	1,705,400	2,922,500
Right of use assets	183,500
Total liabilities	1,888,900	2,922,500
Subtotal deferred tax assets (liabilities)	341,300	171,600
Valuation Allowance	(341,300)
Net deferred tax Assets (liabilities)		$ 171,600

Income Tax - Schedule of Income

Income Tax - Schedule of Income Tax Expense and Effective Tax Rates (Details) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Income Tax Disclosure [Abstract]
Current: Federal
Total Current
Deferred: Federal	(224,500)	(634,600)
Total Deferred	(224,500)	(634,600)
Valuation Allowance	341,300
Total Income Tax (Benefit) Expense	$ 116,800	$ (634,600)

Income Tax - Schedule of Expect

Income Tax - Schedule of Expected Income Tax Rate (Details)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Income Tax Disclosure [Abstract]
US Federal statutory rate	21.00%	21.00%
Adjustment for Deferred Tax	16.30%	124.00%
PPP Loan forgiveness	3.20%	0.00%
Change in Federal Valuation Allowance	(9.40%)	0.00%
Non-controlling interest	(1.30%)	0.00%
Other	(0.40%)	0.00%
Effective Tax Rate	(3.20%)	145.00%

Stockholders' Equity (Deficit_2

Stockholders' Equity (Deficit) - (Details Narrative) - USD ($)	Dec. 31, 2020	Sep. 01, 2020	Dec. 31, 2020	Dec. 31, 2019
Net proceeds from issuance of common stock			$ 10,789,000
Options, intrinsic value for outstanding	$ 89,200		89,200
Options, intrinsic value for exercisable	89,200		89,200
RSU Plan [Member]
Share based compensation			43,800
Stock based compensation unrecognised	115,500		115,500
Warrants [Member]
Warrants to purchase aggregate shares of common stock				88,335
Exercises price per share				$ 7.50
Term of warrants				5 years
Fair value of warrants				$ 167,400
Options and warrants vesting period				1 year
Consultant [Member]
Warrants to purchase aggregate shares of common stock				22,524
Exercises price per share				$ 0.40
Term of warrants				10 years
Fair value of warrants				$ 1,600
Options [Member]
Share based compensation			71,900	5,500
Stock based compensation unrecognised	264,600		264,600
Options, intrinsic value for outstanding	973,800		973,800	0
Options, intrinsic value for exercisable	$ 706,200		$ 706,200	$ 0
Options [Member] | Board of Directors and Employee [Member]
Stock issued during period shares			213,784	106,762
Share issued price per share				$ 0.40
Options and warrants vesting period				3 years
Stock options, term				10 years
Aggregated fair value of stock options				$ 9,000
Options [Member] | Board of Directors and Employee [Member] | Minimum [Member]
Share issued price per share	$ 2.22		$ 2.22
Term of warrants	5 years		5 years
Options and warrants vesting period			1 year
Aggregated fair value of stock options			$ 343,700
Options [Member] | Board of Directors and Employee [Member] | Maximum [Member]
Share issued price per share	$ 6.50		$ 6.50
Term of warrants	10 years		10 years
Options and warrants vesting period			2 years
Initial Public Offering [Member]
Stock issued during period shares		2,031,705
Share issued price per share		$ 6
Number of common stock share sold		265,005
Gross proceeds from issuance common stock		$ 12,190,200
Net proceeds from issuance of common stock		$ 10,789,000
Warrants to purchase aggregate shares of common stock	88,335		88,335
Exercises price per share	$ 7.50		$ 7.50
Term of warrants	4 years		4 years
Fair value of warrants	$ 167,400		$ 167,400
Initial Public Offering [Member] | Olympic Views, LLC [Member]
Share issued price per share	$ 6		$ 6
Shares issued on conversion of debt	82,826
Value of shares issued on conversion of debt	$ 442,000
Accrued interest	$ 55,000		$ 55,000

Stockholders' Equity (Deficit_3

Stockholders' Equity (Deficit) - Schedule of Stock Options Activity (Details) - $ / shares	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Share-based Payment Arrangement [Abstract]
Options, Outstanding, Beginning balance	264,426	157,664
Options Exercisable, Beginning balance	117,218
Options, Granted	213,784	106,762
Options, Exercised
Options, Forfeited/Cancelled	(36,038)
Options, Outstanding, Ending balance	442,172	264,426
Options Exercisable, , Ending balance	219,085	117,218
Weighted Average Exercise Price, Outstanding, Beginning balance	$ 0.41	$ 0.42
Weighted Average Exercise Price, Exercisable	0.42
Weighted Average Exercise Price, Granted	4.79	0.40
Weighted Average Exercise Price, Exercised
Weighted Average Exercise Price, Forfeited/Cancelled	0.40
Weighted Average Exercise Price, Outstanding, Ending balance	2.53	0.41
Weighted Average Exercise Price, Exercisable, Ending balanc	$ 1.31	$ 0.42

Stockholders' Equity (Deficit_4

Stockholders' Equity (Deficit) - Schedule of Stock Options Outstanding and Exercisable (Details) - $ / shares	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Exercise Price
Number of Option Outstanding	4,442,172
Weighed Averate Remaining Contractual Life (in years)	6 years
Weighted Average Exercise Price, Outstanding, Ending balance	$ 2.53	0.41
Number of Option Exercisable	219,085
Weighted Average Exercise Price, Exercisable	$ 1.31	$ 0.42
Minimum [Member]
Exercise Price	0.40
Maximum [Member]
Exercise Price	$ 6.50

Stockholders' Equity (Deficit_5

Stockholders' Equity (Deficit) - Schedule of Warrants Activity (Details) - Warrants [Member] - $ / shares	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Outstanding, Beginning	22,524
Warrants Exercisable, Beginning	22,524
Warrants, Granted	88,335	22,524
Warrants, Exercised
Warrants, Forfeited/Cancelled
Outstanding, Ending	110,859	22,524
Warrants Exercisable, Ending	22,524	22,524
Weighted Average Exercise Price, Outstanding, Beginning	$ 0.40
Weighted Average Exercise Price, Exercisable Beginning	0.40
Weighted Average Exercise Price, Granted	7.50	0.40
Weighted Average Exercise Price, Exercised
Weighted Average Exercise Price, Forfeited/Cancelled
Weighted Average Exercise Price, Outstanding, Ending	6.06	0.40
Weighted Average Exercise Price, Exercisable, Ending	$ 0.40	$ 0.40

Stockholders' Equity - Schedule

Stockholders' Equity - Schedule of Warrants Outstanding and Exercisable (Details)	12 Months Ended
	Dec. 31, 2020$ / sharesshares
Number of Option Outstanding | shares	4,442,172
Warrants [Member]
Weighted Average Exercise Price, Exercisable	$ 0.40
Number of Option Outstanding | shares	110,859
Weighed Averate Remaining Contractual Life (in years)	5 years 9 months 3 days
Weighted Average Exercise Price	$ 6.06
Number of Option Exercisable | shares	22,524
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding, Number	$ 0.40
Warrants [Member] | Minimum [Member]
Weighted Average Exercise Price, Exercisable	0.40
Warrants [Member] | Maximum [Member]
Weighted Average Exercise Price, Exercisable	$ 7.50

Stockholders' Equity (Deficit_6

Stockholders' Equity (Deficit) - Schedule of Restricted Stock Unit Activty (Details) - Restricted Stock Units (RSUs) [Member]	12 Months Ended
	Dec. 31, 2020$ / sharesshares
Outstanding, Beginning | shares
RSU, exercisable, Beginning | shares
RSU, Granted | shares	34,000
RSU, Exercised | shares
RSU, Forfeited/Cancelled | shares
Outstanding, Ending | shares	34,000
RSU, Exercisable, Ending | shares	8,500
Weighted Average Exercise Price, Outstanding, Beginning | $ / shares
Weighted Average Exercise Price, Exercisable, Beginning | $ / shares
Weighted Average Exercise Price, Granted | $ / shares	4.53
Weighted Average Exercise Price, Exercised | $ / shares
Weighted Average Exercise Price, Forfeited/cancelled | $ / shares
Weighted Average Exercise Price, Outstanding, Ending | $ / shares	4.53
Weighted Average Exercise Price, Exercisable, Ending | $ / shares	$ 4.53

Subsequent Events - (Details Na

Subsequent Events - (Details Narrative) - USD ($)

Mar. 30, 2021

Mar. 23, 2021

Mar. 18, 2021

Mar. 16, 2021

Mar. 11, 2021

Mar. 09, 2021

Mar. 08, 2021

Mar. 05, 2021

Feb. 25, 2021

Feb. 22, 2021

Feb. 16, 2021

Jan. 29, 2021

Jan. 21, 2021

Jan. 20, 2021

Jan. 15, 2021

Nov. 18, 2020

Sep. 01, 2020

Mar. 01, 2021

Dec. 31, 2020

Dec. 31, 2019

Net proceeds from issuance of common stock

$ 10,789,000

Payment to acquire property, pland and equipment

$ 408,000

$ 402,800

Stock redeemed, shares

Auburn, California [Member] | Purchase and Sale Agreement [Member]

Payment to acquire property, pland and equipment

$ 4,900,000

Common Stock [Member]

Stock issued

2,031,705

Initial Public Offering [Member]

Stock issued

2,031,705

Share price

$ 6

Net proceeds from issuance of common stock

$ 10,789,000

Subsequent Event [Member] | Former Employee [Member]

Share price

$ 0.40

Stock redeemed, shares

45,046

Stock redeemed, value

$ 18,000

Subsequent Event [Member] | Sale Agreement [Member] | National Public Builder [Member]

Payment to acquire property, pland and equipment

$ 8,910,000

$ 7,920,000

Subsequent Event [Member] | Austin, Texas [Member]

Payment to acquire property, pland and equipment

$ 755,000

Subsequent Event [Member] | Auburn, California [Member]

Payment to acquire property, pland and equipment

$ 4,900,000

$ 4,498,300

Subsequent Event [Member] | Driftwood, Texas [Member]

Payment to acquire property, pland and equipment

$ 1,584,350

Subsequent Event [Member] | Loomis, California [Member] | Sale Agreement [Member]

Payment to acquire property, pland and equipment

$ 6,850,000

Subsequent Event [Member] | Loomis, California [Member] | Purchase and Sale Agreement [Member]

Payment to acquire property, pland and equipment

$ 1,100,000

Subsequent Event [Member] | Belfair, Washington [Member]

Payment to acquire property, pland and equipment

$ 3,915,000

Subsequent Event [Member] | Belfair, Washington [Member] | Purchase and Sale Agreement [Member]

Payment to acquire property, pland and equipment

$ 8,640,000

Subsequent Event [Member] | Horseshoe Bay, Texas [Member] | Sale Agreement [Member]

Payment to acquire property, pland and equipment

2,500,000

Subsequent Event [Member] | Gig Harbor, Washington [Member] | Purchase and Sale Agreement [Member]

Payment to acquire property, pland and equipment

$ 3,050,000

Subsequent Event [Member] | Spicewood, Texas [Member] | Purchase and Sale Agreement [Member]

Payment to acquire property, pland and equipment

$ 915,000

Subsequent Event [Member] | Rocklin, California [Member]

Payment to acquire property, pland and equipment

$ 3,944,050

Subsequent Event [Member] | Tacoma, Washington [Member]

Payment to acquire property, pland and equipment

$ 2,000,000

Subsequent Event [Member] | Initial Public Offering [Member] | Common Stock [Member]

Stock issued

9,200,000

9,200,000

Share price

$ 3

$ 3

Gross proceeds from issuance of common stock

$ 27,600,000

$ 27,600,000

Net proceeds from issuance of common stock

$ 25,256,000

$ 25,256,000

Subsequent Event [Member] | Underwriters' Option [Member] | Common Stock [Member]

Stock issued

1,200,000

1,200,000