Company: DREM
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004861
Chunk: 308

Company: Dream Homes & Development Corp.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 4
Chunk 308
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    Accrued
    interest 
     354,722 
     
     354,722 
  
    Accrued
    taxes 
     338,854 
     
     - 
  
    Deposits
    held 
     1,135,714 
     
     510,000 
  
    Construction
    liabilities 
     104,859 
     
     232,603 
  
    Mortgages
    payable- current 
     1,012,538 
     
     - 
  
    Loans
    payable-others 
     44,607 
     
     236,703 
  
    Note
    payable-line of credit 
     921,960 
     
     921,960 
  
    Loans
    payable to related parties 
     666,991 
     
     523,219 
  
    Total
    current liabilities 
     5,692,536 
     
     3,317,179 

     Long-term
    mortgages payable 
     2,942,900 
     
     6,158,065 
  
    Total
    liabilities 
     8,635,436 
     
     9,475,244 

    STOCKHOLDERS’
    EQUITY 

    Preferred stock;
    5,000,000 shares authorized, $.001 par value, as of December 31, 2024 and 2023, there are no shares outstanding 
     - 
     
     - 
  
    Common
    stock; 70,000,000 shares authorized, $.001 par value, as of December 31, 2024 and 2023, there are 47,414,493 and 40,414,493 shares
    outstanding, respectively 
     47,414 
     
     40,414 
  
    Additional
    paid-in capital 
     3,696,984 
     
     2,327,330 
  
    Retained
    earnings (accumulated deficit) 
     (1,358,494)
     
     (1,734,479)
  
    Total
    stockholders’ equity attributable to Dream Homes and Development Corporation 
     2,385,904 
     
     633,265 
  
    Non-controlling
    interest 
     499,981 
     
     -