10-Q
Quarterly Report
DREAM HOMES & DEVELOPMENT CORPORATION
CIK: 1518336
File #: 000-55445
Balance Sheet
46 line items · 2 periods
XBRL
| Item | Jun 30, 2025 | Dec 31, 2024 |
|---|---|---|
ASSETS | ||
CURRENT ASSETS | ||
Cash and Cash Equivalents | 341,222 | 1,054,046 |
Accounts Receivable | 159,682 | 142,595 |
Inventory | 5,511,770 | 7,365,976 |
Berkeley Terrace | 1,410,808 | 2,664,839 |
Lacey Pines | 3,868,472 | 4,411,163 |
Others | 232,490 | 289,974 |
Total current assets | 6,012,674 | 8,562,617 |
Property, Plant and Equipment | 104,207 | 115,786 |
OTHER ASSETS | ||
Other Non-Current Assets | 2,200 | 2,200 |
Deposits and costs coincident to acquisition of land for development | 3,057,133 | 2,830,018 |
Louis Avenue Bayville New Jersey 17 Units | 682,870 | 663,551 |
Autumn Run Clayton New Jersey 62 Units | 1,601,625 | 1,508,192 |
Mathistown Rd- Little Egg Harbor, New Jersey | 143,858 | 29,350 |
Other | 628,780 | 628,925 |
Other Non-Operating Non-Current Assets | 10,900 | 10,700 |
Total assets | 9,187,114 | 11,521,321 |
CURRENT LIABILITIES | ||
Accounts Payable | 938,063 | 1,112,291 |
Other Non-Operating Current Liabilities | 357,572 | 354,722 |
Taxes Payable | 545,331 | 338,854 |
Other Current Liabilities | 854,762 | 1,135,714 |
Other Current Liabilities | 189,852 | 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 | 645,689 | 666,991 |
Total current liabilities | 4,497,836 | 5,692,536 |
Long-Term Debt | 2,571,919 | 2,942,900 |
Total liabilities | 7,069,755 | 8,635,436 |
STOCKHOLDERS’ EQUITY | ||
Total Stockholders' Equity | 48,564 | 47,414 |
Total Stockholders' Equity | 2,423,452 | 3,696,984 |
Total Stockholders' Equity | (1,293,241) | (1,358,494) |
Total stockholders’ equity attributable to Dream Homes and Development Corporation | 1,178,775 | 2,385,904 |
Noncontrolling Interest | 938,584 | 499,981 |
Total stockholders’ equity | 2,117,359 | 2,885,885 |
Common Stock | 48,564 | 47,414 |
Additional Paid-in Capital | 2,423,452 | 3,696,984 |
Retained Earnings | (1,293,241) | (1,358,494) |
Noncontrolling Interest | 938,584 | 499,981 |
Total liabilities and stockholders’ equity | 9,187,114 | 11,521,321 |