v3.25.3
Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Revenue:        
Construction contracts $ 3,005,870 $ 2,182,258 $ 6,970,494 $ 4,313,707
Cost of construction contracts 627,536 760,912 3,352,021 3,140,730
Gross profit 2,378,334 1,421,346 3,618,473 1,172,977
Operating Expenses:        
Selling, general and administrative 185,442 106,938 632,977 632,348
Depreciation expense 5,789 17,368
Total operating expenses 191,231 106,938 650,345 632,348
Income (loss) from operations 2,187,103 1,314,408 2,968,128 540,629
Other income (expenses):        
Interest expense (58,378) (40,283) (77,725) (127,703)
Loss on debt settlement (33,257) (348,493) (120,977) (348,493)
Other income (8,099) 33,567
Total other income (expenses) (99,734) (388,776) (165,135) (476,196)
Income (loss) before income taxes 2,087,369 925,632 2,802,993 64,433
Provision for income taxes 52,098 (159,670) (5,266)
Net income (loss) 2,139,467 925,632 2,643,323 59,167
Net income attributable to non-controlling interest 1,837,217 2,275,820
Net income (loss) attributable to Dream Homes and Development Corporation $ 302,250 $ 925,632 $ 367,503 $ 59,167
Basic income (loss) per common share $ 0.04 $ 0.02 $ 0.05 $ 0.00
Diluted income (loss) per common share $ 0.04 $ 0.02 $ 0.05 $ 0.00
Weighted average common shares outstanding - basic 48,564,493 47,414,493 48,375,848 46,837,570
Weighted average common shares outstanding - diluted 48,564,493 47,414,493 48,375,848 46,837,570