10-Q
Quarterly Report
DREAM HOMES & DEVELOPMENT CORPORATION
CIK: 1518336
File #: 000-55445
Balance Sheet
35 line items · 2 periods
XBRL
| Item | Sep 30, 2024 | Dec 31, 2023 |
|---|---|---|
ASSETS | ||
CURRENT ASSETS | ||
Cash and Cash Equivalents | 1,811,609 | 2,712,503 |
Accounts Receivable | 155,119 | 202,507 |
Other Non-Operating Current Assets | 332,362 | 332,362 |
Other Current Assets | 107,124 | 53,005 |
Total current assets | 2,406,214 | 3,300,377 |
Property, Plant and Equipment | 4,500 | — |
OTHER ASSETS | ||
Other Non-Current Assets | 2,200 | 2,200 |
Deposits and costs coincident to acquisition of land for development | 7,057,720 | 6,805,932 |
Lacey Township New Jersey Pines Property | 2,409,009 | 2,392,257 |
Other Non-Operating Non-Current Assets | 70,975 | — |
Total assets | 9,541,609 | 10,108,509 |
CURRENT LIABILITIES | ||
Accounts Payable | 903,874 | 537,972 |
Other Non-Operating Current Liabilities | 393,295 | 354,722 |
Other Current Liabilities | 562,783 | 510,000 |
Other Current Liabilities | 157,494 | 232,603 |
Short-Term Debt | 1,354,473 | — |
Short-Term Debt | 46,929 | 236,703 |
Short-Term Debt | 921,960 | 921,960 |
Related Party | 701,154 | 523,219 |
Total current liabilities | 5,041,962 | 3,317,179 |
Long-Term Debt | 2,430,561 | 6,158,065 |
Total liabilities | 7,472,523 | 9,475,244 |
STOCKHOLDERS’ EQUITY | ||
Total Stockholders' Equity | 47,414 | 40,414 |
Total Stockholders' Equity | 3,696,984 | 2,327,330 |
Total Stockholders' Equity | (1,675,312) | (1,734,479) |
Total stockholders’ equity | 2,069,086 | 633,265 |
Common Stock | 47,414 | 40,414 |
Additional Paid-in Capital | 3,696,984 | 2,327,330 |
Retained Earnings | (1,675,312) | (1,734,479) |
Total liabilities and stockholders’ equity | 9,541,609 | 10,108,509 |