Company: DREM
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004861
Chunk: 205

Company: Dream Homes & Development Corp.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1B
Chunk 205
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 Deposits 
     -  
     - 
  
    Other
    assets 
     (10,700) 
     - 
  
    Accounts
    payable and accrued liabilities 
     326,066  
     20,473 
  
    Deposits
    held 
     625,714  
     500,000 
  
    Construction
    liabilities 
     (127,744) 
     24,154 
  
    Net
    cash used in operating activities 
     (773,616) 
     426,956 

    INVESTING
    ACTIVITIES 

    Purchase
    of office equipment and vehicles 
     (119,086) 
     - 
  
    Deposits
    and costs coincident to acquisition of land for development 
     (178,061) 
     - 
  
    Net
    cash used in investing activities 
     (297,147) 
     - 

    FINANCING
    ACTIVITIES 

    Proceeds
    (payments) on note payable-line of credit 
     -  
     13,300 
  
    Proceeds
    from loans payable-others 
     89,520  
     236,703 
  
    Proceeds
    from loans payable to related parties 
     12,008  
     163,324 
  
    Proceeds
    from mortgages 
     1,416,898  
     1,839,331 
  
    Payments
    on mortgages 
     (1,148,143) 
     - 
  
    Distributions 
     (628,346) 
     - 
  
    Repayments
    on bank note 
     -  
     (492,500)
  
    Repayments
    of loans payable-others 
     (214,215) 
     - 
  
    Repayments
    of loans payable to related parties 
     (115,416) 
     - 
  
    Net
    cash provided (used) by financing activities 
     (587,694) 
     1,760,158 

    NET
    INCREASE (DECREASE) IN CASH 
     (1,658,457) 
     2,187,114 
  
    CASH
    BALANCE, BEGINNING OF PERIOD