10-Q
Quarterly Report
DREAM HOMES & DEVELOPMENT CORPORATION
CIK: 1518336
File #: 000-55445
Balance Sheet
47 line items · 2 periods
XBRL
| Item | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
ASSETS | ||
CURRENT ASSETS | ||
Cash and Cash Equivalents | 463,087 | 1,054,046 |
Accounts Receivable | 192,479 | 142,595 |
Inventory | 5,460,941 | 7,365,976 |
Berkeley Terrace | 899,911 | 2,664,839 |
Lacey Pines | 4,306,355 | 4,411,163 |
Others | 254,675 | 289,974 |
Total current assets | 6,116,507 | 8,562,617 |
Property, Plant and Equipment | 98,418 | 115,786 |
OTHER ASSETS | ||
Other Non-Current Assets | 2,200 | 2,200 |
Deposits and costs coincident to acquisition of land for development | 2,748,170 | 2,830,018 |
Louis Avenue Bayville New Jersey 17 Units | 726,117 | 663,551 |
Autumn Run Clayton New Jersey 62 Units | 1,835,368 | 1,508,192 |
Mathistown Rd Little Egg Harbor New Jersey | 188,424 | 29,350 |
Other | 3,261 | 628,925 |
Prepaid contract interest | 190,000 | — |
Other Non-Operating Non-Current Assets | 10,900 | 10,700 |
Total assets | 9,166,195 | 11,521,321 |
CURRENT LIABILITIES | ||
Accounts Payable | 762,550 | 1,112,291 |
Other Non-Operating Current Liabilities | 380,918 | 354,722 |
Taxes Payable | 538,621 | 338,854 |
Other Current Liabilities | 649,784 | 1,135,714 |
Other Current Liabilities | 84,191 | 104,859 |
Short-Term Debt | — | 1,012,538 |
Short-Term Debt | 44,607 | 44,607 |
Chipman Trust | 47,500 | 47,500 |
Channel Partners | 2,893 | 2,893 |
Short-Term Debt | 921,960 | 921,960 |
Other Non-Operating Current Liabilities | 606,999 | 666,991 |
Total current liabilities | 3,989,630 | 5,692,536 |
Long-Term Debt | 2,647,479 | 2,942,900 |
Total liabilities | 6,637,109 | 8,635,436 |
STOCKHOLDERS’ EQUITY | ||
Total Stockholders' Equity | 48,564 | 47,414 |
Total Stockholders' Equity | 695,712 | 3,696,984 |
Total Stockholders' Equity | (990,991) | (1,358,494) |
Total stockholders’ equity attributable to Dream Homes and Development Corporation | (246,715) | 2,385,904 |
Noncontrolling Interest | 2,775,801 | 499,981 |
Total stockholders’ equity | 2,529,086 | 2,885,885 |
Common Stock | 48,564 | 47,414 |
Additional Paid-in Capital | 695,712 | 3,696,984 |
Retained Earnings | (990,991) | (1,358,494) |
Noncontrolling Interest | 2,775,801 | 499,981 |
Total liabilities and stockholders’ equity | 9,166,195 | 11,521,321 |