Operating
Chicago Atlantic Real Estate Finance·Cash Flow Statement·31 metrics
Breakdown
| Metric | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Interest Income (Operating) | $15M | $16.3M | — | $15.1M | $16.5M | $15.3M | — | $15.2M |
| Gain (loss) on mark-to-market of Escrowed Shares | — | — | -$1.8M | -$2.4M | — | -$1.8M | — | -$5.4M |
| Unrealized Gain (Loss) on Derivatives | — | — | -$1.8M | -$2.4M | — | -$1.8M | — | -$5.4M |
| Net income | $9.2M | $11.2M | $7.9M | $10M | $8.9M | $8.9M | $8.2M | $4.8M |
| Total provisions for credit losses | -$275.5K | -$989.6K | — | -$1.1M | $1.1M | $557.2K | $99.8K | $3.8M |
| Provision for credit losses | -$275.5K | -$989.6K | — | -$1.1M | $1.1M | $557.2K | $99.8K | $3.8M |
| Allowance for credit losses | $491.3K | -$775.7K | — | -$1.1M | $1.1M | $569.6K | — | $3.6M |
| Net cash from operating activities | $6.2M | $8.2M | $1.8M | $7.6M | $6.5M | $8.2M | $6.5M | $3.2M |
| Change in receivables | -$104.8K | $65.7K | -$243.3K | $116.9K | — | $90.9K | $317.1K | $1.9M |
| Increase (Decrease) in Other Receivables | -$104.8K | $65.7K | -$243.3K | $116.9K | — | $90.9K | $317.1K | $1.9M |
| Change in accrued liabilities | -$44.5K | -$105.8K | — | -$1.1M | $197.4K | -$497.9K | $1.7M | -$1.4M |
| Other current liabilities | -$44.5K | -$105.8K | — | -$1.1M | $197.4K | -$497.9K | $1.7M | -$1.4M |
| Paid-in-kind interest income | $2.8M | $1.9M | $1.5M | $1.6M | $1.5M | $1.3M | $1.8M | $1.3M |
| Increase Decrease In Accounts Receivable Related Parties | $646.5K | $632.7K | $1.9M | -$2.1M | -$349.4K | -$852.8K | — | -$1.1M |
| Change in Interest Payable | $149.4K | $149.4K | $149.4K | $214.5K | — | — | — | -$1M |
| Stock-based compensation | $868.7K | $800K | — | $600K | $900K | $1M | — | $900K |
| Change in accrued investment income | $242.8K | -$685.3K | $969.5K | $62.1K | $1.8M | $1.2M | — | $897.5K |
| Increase (Decrease) in Accrued Interest Receivable, Net | $242.8K | -$685.3K | $969.5K | $62.1K | $1.8M | $1.2M | — | $897.5K |
| Stock-based compensation | $836.3K | $845.5K | $845.5K | $649.3K | $881.1K | $928.7K | $909.8K | $865.4K |
| Change in related party payables | — | -$379.9K | — | -$456.9K | — | $1.2M | — | -$761K |
| Amortization of Investment Discount and Premium | $369.6K | $464.4K | $385.4K | $370K | $480.1K | $862.9K | $474.6K | $737.5K |
| Accretion (amortization) of discounts and premiums on investments | $369.6K | $464.4K | $385.4K | $370K | $480.1K | $862.9K | $474.6K | $737.5K |
| Accretion (Amortization) of Investment Discounts and Premiums | $369.6K | $464.4K | $385.4K | $370K | $480.1K | $862.9K | $474.6K | $737.5K |
| Accretion (Amortization) of Discounts and Premiums, Investments | $369.6K | $464.4K | $385.4K | $370K | $480.1K | $862.9K | $474.6K | $737.5K |
| Accretion (Amortization) of Investment Discounts and Premiums | $369.6K | $464.4K | $385.4K | $370K | $480.1K | $862.9K | $474.6K | $737.5K |
| Net gains (losses) on investments | — | — | -$165K | $41.3K | $41.3K | $41.3K | $41.3K | -$206K |
| Change in accounts payable | $198.7K | — | $284.3K | $40.8K | -$969.8K | -$283.4K | — | $187.1K |
| Amortization of debt issuance costs | $91.7K | $79.8K | $0 | $110.3K | $110.1K | $101.7K | $84.5K | $83.5K |
| Non-cash interest expense | $91.7K | $79.8K | $0 | $110.3K | $110.1K | $101.7K | $84.5K | $83.5K |
| Deferred income taxes | $0 | $0 | $0 | $0 | $0 | $0 | — | $0 |
| Loss on extinguishment of debt | — | — | — | $66K | — | — | — | — |