10-K
Annual Report
DREAM HOMES & DEVELOPMENT CORPORATION
CIK: 1518336
File #: 000-55445
Balance Sheet
36 line items · 2 periods
XBRL
| Item | Dec 31, 2023 | Dec 31, 2022 |
|---|---|---|
ASSETS | ||
CURRENT ASSETS | ||
Cash and Cash Equivalents | 2,712,503 | 525,389 |
Accounts Receivable | 202,507 | 213,008 |
Other Non-Operating Current Assets | 332,362 | — |
Other Current Assets | 53,005 | 256,558 |
Total current assets | 3,300,377 | 994,955 |
Property, Plant and Equipment | — | 6,216 |
OTHER ASSETS | ||
Other Non-Current Assets | 2,200 | 2,200 |
Deposits and costs coincident to acquisition of land for development | 6,805,932 | 6,179,085 |
Lacey Township, New Jersey, Pines Property | 2,392,257 | 2,501,423 |
Total assets | 10,108,509 | 7,182,456 |
LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
CURRENT LIABILITIES | ||
Accounts Payable | 537,972 | 644,913 |
Other Non-Operating Current Liabilities | 354,722 | 227,308 |
Other Current Liabilities | 510,000 | 10,000 |
Other Current Liabilities | 232,603 | 256,757 |
Short-Term Debt | 236,703 | — |
Short-Term Debt | 921,960 | 908,660 |
Short-Term Debt | — | 492,500 |
Short-Term Debt | — | 3,113,563 |
Related Party | 523,219 | 254,895 |
Total current liabilities | 3,317,179 | 5,908,596 |
Long-Term Debt | 6,158,065 | 635,016 |
Total liabilities | 9,475,244 | 6,543,612 |
STOCKHOLDERS’ EQUITY | ||
Total Stockholders' Equity | 40,414 | 35,824 |
Total Stockholders' Equity | 2,327,330 | 2,240,120 |
Total Stockholders' Equity | (1,734,479) | (1,637,100) |
Total stockholders’ equity | 633,265 | 638,844 |
Common Stock | 40,414 | 35,824 |
Additional Paid-in Capital | 2,327,330 | 2,240,120 |
Retained Earnings | (1,734,479) | (1,637,100) |
Total liabilities and stockholders’ equity | 10,108,509 | 7,182,456 |