10-Q
Quarterly Report
JFB CONSTRUCTION HOLDINGS
JFB
NASDAQ
CIK: 2024306
File #: 001-42538
Balance Sheet
32 line items · 2 periods
XBRL
| Item | Mar 31, 2026 | Dec 31, 2025 |
|---|---|---|
ASSETS | ||
Cash | 3,715,840 | 22,208,384 |
Restricted Cash | 3,000,000 | 3,000,000 |
Contract Receivables | 7,059,241 | 9,243,354 |
Contract Assets | 6,758,560 | 2,630,561 |
Prepaid expenses | 103,598 | 218,579 |
TOTAL CURRENT ASSETS | 20,637,239 | 37,300,878 |
NON- CURRENT ASSETS | ||
Prepaid Acquisition Cost | 30,223,000 | — |
NET PROPERTY AND EQUIPMENT | 926,350 | 996,771 |
Other Assets-Related Party | 0 | 50,000 |
Related Party | 1,921,732 | 686,053 |
Investment In Class A Common Stock | 1,000,000 | 1,000,000 |
TOTAL ASSETS | 54,708,321 | 40,033,702 |
LIABILITIES | ||
Accounts payable and other payables | 5,406,266 | 978,103 |
Accrued expenses | 156,251 | 136,731 |
Contract liabilities | 927,102 | 383,689 |
Lease liabilities | 1,944,170 | — |
Related Party | 1,944,170 | 700,161 |
TOTAL CURRENT LIABILITIES | 8,433,789 | 2,198,864 |
SHAREHOLDER'S EQUITY | ||
Preferred stock, $0.0001 par value, 20,000,000 shares authorized; 4,035,894 and 4,389,500 shares issued and outstanding as of March 31, 2026 and December 31, 2025 | 404 | 439 |
Class A Common Stock | 1,443 | 1,260 |
Additional paid in Capital | 48,898,029 | 37,200,867 |
Accumulated deficit | (2,625,344) | 632,272 |
TOTAL SHAREHOLDER'S EQUITY | 46,274,532 | 37,834,838 |
Paid-In Capital | 48,898,029 | 37,200,867 |
Retained Earnings | (2,625,344) | 632,272 |
Class A Common Stock - Common Stock | 1,443 | 1,260 |
Class C Preferred Stock - Preferred Stock | 404 | 439 |
TOTAL LIABILITIES AND SHAREHOLDER EQUITY | 54,708,321 | 40,033,702 |