DREM: the balance sheet

MyFinsight

Balance Sheets	2025-12-31
Cash	899,408
Accounts receivable, net of allowance for doubtful accounts	149,855
Inventories	4,911,681
Total current assets	5,960,944
Property and equipment, net	117,695
Security deposit	2,200
Deposits and costs coincident to acquisition of land for development	943,922
Prepaid contract interest	190,000
Other assets	22,720
Total assets	7,237,481

Accounts payable and accrued expenses	640,798
Accrued interest	414,632
Accrued taxes	460,315
Deposits held	363,492
Loans payable-others	36,607
Note payable-line of credit	841,960
Loans payable to related parties	926,946
Total current liabilities	3,684,750
Long-term mortgages payable	1,835,405
Total liabilities	5,520,155
Common stock 70,000,000 shares authorized, .001 par value, as of december 31, 2025 and 2024, there are 48,564,493 and 47,414,493 shares outstanding, respectively	48,564
Additional paid-in capital	2,533,664
Retained earnings (accumulated deficit)	-1,195,628
Total stockholders equity attributable to dream homes and development corporation	1,386,600
Non-controlling interest	330,726
Total stockholders equity	1,717,326
Total liabilities and stockholders equity	7,237,481

Unit: Dollar.