Company: DREM
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004861
Chunk: 190

Company: Dream Homes & Development Corp.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1B
Chunk 190
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 financial data has been derived from and should be read in conjunction with our financial statements and related notes
in Item 15 of this report and our Management’s Discussion and Analysis of Financial Condition and Results of Operations in Item
7 of this report.

    December 31, 2024  
    December 31, 2023 

    Statements of Income: 

    Revenue 
    $4,972,827  
    $5,656,452 
  
    Gross profit 
     2,262,938  
     1,085,550 
  
    Income from operations 
     1,499,918  
     68,803 
  
    Net income (loss) 
    $875,966  
    $(97,379)
  
    Basic and diluted income (loss) per common share 
    $0.02  
    $(.00)
  
    Balance Sheet Data: 

    Cash 
    $1,054,046  
    $2,712,503 
  
    Total assets 
     11,521,321  
     10,108,509 
  
    Total liabilities 
     8,635,436  
     9,370,244 
  
    Total Stockholders’ equity 
    $2,885,885  
    $738,265 

Item
7. MANAGEMENT’S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION

Forward-Looking
Statements

Management’s
Discussion and Analysis or Plan of Operation contains “forward-looking” statements, as well as historical information. Although
we believe that the expectations reflected in these forward-looking statements are reasonable, we can give no assurance that the expectations
reflected in these forward-looking statements will prove to be correct. Forward-looking statements include those that use forward-looking
terminology, such as the words “anticipate,” “believe,” “estimate,” “expect,” “intend,”
“may,” “project,” “plan,” “will,” “shall,” “should,” and similar
expressions, including when used in the negative. Although we believe the expectations reflected in these forward-looking statements
are reasonable and achievable, these statements involve risks and uncertainties, and no assurance can be given that actual results will
be consistent with these forward-looking statements. Current shareholders and prospective investors are cautioned that any forward-looking
statements are not guarantees of future performance. Such forward-looking statements by their nature involve substantial risks and uncertainties,
certain