10-Q
Quarterly Report
JFB CONSTRUCTION HOLDINGS
JFB
NASDAQ
CIK: 2024306
File #: 001-42538
Balance Sheet
27 line items · 2 periods
XBRL
| Item | Mar 31, 2025 | Dec 31, 2024 |
|---|---|---|
ASSETS | ||
Cash | 7,721,811 | 2,696,183 |
Contract Receivables | 2,757,955 | 3,047,255 |
Contract Assets | 913,247 | 1,213,614 |
Prepaid expenses | 86,811 | 166,527 |
TOTAL CURRENT ASSETS | 11,479,824 | 7,123,579 |
NET PROPERTY AND EQUIPMENT | 1,004,795 | 1,021,930 |
Related Party | 783,745 | 819,529 |
TOTAL ASSETS | 13,268,364 | 8,965,038 |
LIABILITIES | ||
Accounts payable and other payables | 1,354,225 | 1,102,686 |
Accrued expenses | 85,039 | 79,270 |
Contract liabilities | 19,450 | 633,794 |
Lease liabilities | 780,948 | — |
Related Party | 780,948 | 819,529 |
TOTAL CURRENT LIABILITIES | 2,239,662 | 2,635,279 |
SHAREHOLDER'S EQUITY | ||
Class A Common Stock | 525 | 400 |
Class B Common Stock | 400 | 400 |
Additional paid in Capital | 5,092,647 | 425,136 |
Accumulated profit | 5,935,130 | 5,903,823 |
TOTAL SHAREHOLDER'S EQUITY | 11,028,702 | 6,329,759 |
Class A Common Stock - Common Stock | 525 | 400 |
Additional Paid-In Capital | 5,092,647 | 425,136 |
Retained Earnings | 5,935,130 | 5,903,823 |
Class B Common Stock - Common Stock | 400 | 400 |
TOTAL LIABILITIES AND SHAREHOLDER EQUITY | 13,268,364 | 8,965,038 |