Company: DREM
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004861
Chunk: 274

Company: Dream Homes & Development Corp.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 3
Chunk 274
---
016,747 

    Income
    (loss) from operations 
     1,499,918  
     68,803 

    Other
    income (expenses): 

    Interest
    expense 
     (82,375) 
     (166,182)
  
    Loss
    on debt settlement 
     (300,504) 
     - 
  
    Other
    income 
     103,047  
     - 
  
    Total
    other income (expenses) 
     (279,832) 
     (166,182)

    Income
    (loss) before income taxes 
     1,220,086  
     (97,379)

    Provision
    for income taxes 
     (344,120) 
     - 

    Net
    income (loss) 
    $875,966  
    $(97,379)

    Net
    income attributable to non-controlling interest 
     499,981  
     - 

    Net
    income (loss) attributable to Dream Homes and Development Corporation 
    $375,985  
    $(97,379)

    Basic
    and diluted income (loss) per common share 
    $0.02  
    $(0.00)

    Weighted average common shares outstanding- basic and diluted 
     47,127,608  
     39,190,493 

The
accompanying notes are an integral part of these financial statements.

F-4

DREAM
HOMES AND DEVELOPMENT CORPORATION

CONSOLIDATED
STATEMENTS OF STOCKHOLDERS’ EQUITY (DEFICIT)

FOR
THE YEARS ENDED DECEMBER 31, 2024 AND 2023

    Shares 
    Amount 
    Capital 
    Deficit 
    Interest 
    Total

    Common
    stock issued 
    Additional 
      
    Non 

    and
    to be issued 
    Paid-in 
    Accumulated 
    Controlling 

    Shares 
    Amount 
    Capital 
    Deficit 
    Interest 
    Total
  
    Balance
    at December 31, 2022 
     35,824,493  
    $35,824  
    $2,240,120  
    $(1,637,100) 
    $-  
    $638,844