Company: DREM
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004861
Chunk: 440

Company: Dream Homes & Development Corp.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1C
Chunk 440
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,377 , stock based compensation of $91,800, and rent
expense of $39,000.

Liquidity
and Capital Resources

As
of December 31, 2024 and 2023, our cash balance was $1,054,046 and $2,712,503, respectively, total assets were $16,097,358 and $10,108,509,
respectively, and total current liabilities amounted to $4,760,826 and $3,317,179, respectively, including loans payable to related parties
of $666,911 and $523,219, respectively. As of December 31, 2024 and 2023, the total stockholders’ equity was $8,393,632 and $633,265,
respectively.

Inflation

The
impact of inflation on the costs of our company, and the ability to pass on cost increases to clients over time is dependent upon market
conditions. Inflationary pressures have had a significant impact on our operations during this year, and we anticipate that inflationary
factors will continue to have a significant impact on future operations.

OFF-BALANCE
SHEET ARRANGEMENTS

We
do not maintain off-balance sheet arrangements nor do we participate in non-exchange traded contracts requiring fair value accounting
treatment.

Risk

Foreign
Currency Exchange Rate Risk

We
are not exposed to potential gains or losses from foreign currency fluctuations.

Item
7A. Quantitative and Qualitative Disclosures About Market Risk

Pursuant
to Item 305(e) of Regulation S-K (§ 229.305(e)), the Company is not required to provide the information required by this Item as
it is a “smaller reporting company,” as defined by Rule 229.10(f)(1).

21

Item
8. Financial Statements and Supplementary Data

INDEX
TO THE CONSOLIDATED FINANCIAL STATEMENTS

    Page(s)

    Index
    to the Consolidated Financial Statements

    Report of Independent Registered Public Accounting Firm, (PCAOB ID: 5968)
    F-2

    Consolidated Balance Sheets as of December 31, 2024 and 2023
    F-3

    Consolidated Statements of Operations for the years ended December 31, 2024 and 2023
    F-4

    Consolidated Statements of Changes in Stockholders’ Equity for the years ended December 31, 2024 and 2023