Chicago Atlantic Real Estate Finance, Inc.

For the period ended Jun 30, 2025. Filed Aug 7, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2025 · Filed Aug 7, 2025

REFI$8.86+0.7%Stored close · as of Nov 9, 2026

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Contents

Consolidated Statements of Equity

THREE MONTHS ENDED JUNE 30, 2025
Common Stock · Additional Paid-In- · Accumulated · Total Stockholders'
	Shares	Amount	Capital	Deficit	Equity
Balance at March 31, 2025	20,893,785	208,938	320,486,840	(9,915,731)	310,780,047
Issuance of common stock, net of offering costs	-	-	-	-	-
Issuance of common stock from employee incentive plan (Note 10)	180,840	1,808	(1,808)	-	-
Stock-based compensation, net of forfeitures	-	-	881,128	-	881,128
Dividends declared on restricted stock awards	-	-	-	(605,086)	(605,086)
Dividends declared on common shares ($.47 per share)	-	-	-	(9,905,074)	(9,905,074)
Net income	-	-	-	8,877,375	8,877,375
Balance at June 30, 2025	21,074,625	$210,746	$321,366,160	$(11,548,516)	$310,028,390

THREE MONTHS ENDED JUNE 30, 2024
Common Stock · Additional Paid-In- · Accumulated · Total Stockholders'
	Shares	Amount	Capital	Deficit	Equity
Balance at March 31, 2024	19,100,282	$191,003	$291,858,521	$(6,088,747)	285,960,777
Issuance of common stock, net of offering costs	410,360	4,104	6,228,908	-	6,233,012
Issuance of common stock from employee incentive plan (Note 10)	113,816	1,138	(1,138)	-	-
Stock-based compensation, net of forfeitures	-	-	836,333	-	836,333
Dividends declared on restricted stock awards	-	-	-	(265,790)	(265,790)
Dividends declared on common shares ($.47 per share)	-	-	-	(9,223,500)	(9,223,500)
Net income	-	-	-	9,184,073	9,184,073
Balance at June 30, 2024	19,624,458	$196,245	$298,922,624	$(6,393,964)	$292,724,905

SIX MONTHS ENDED JUNE 30, 2025
Common Stock · Additional Paid-In- · Accumulated · Total Stockholders'
Shares · Amount · Capital · Deficit · Equity
Balance at December 31, 2024	20,829,228	208,292	318,886,768		(10,136,963)		308,958,097
Issuance of common stock, net of offering costs	64,557	646	950,760		-		951,406
Issuance of common stock from employee incentive plan (Note 10)	180,840	1,808	(1,808)		-		-
Stock-based compensation, net of forfeitures	-	-	1,530,440		-		1,530,440
Dividends declared on restricted stock awards				(605,086)		(605,086)
Dividends declared on common shares ($.47 per share)	-	-	-		(19,725,153)		(19,725,153)
Net income	-	-	-		18,918,686		18,918,686
Balance at June 30, 2025	21,074,625	$210,746	$321,366,160		$(11,548,516)		$310,028,390

SIX MONTHS ENDED JUNE 30, 2024
Common Stock · Additional Paid-In- · Accumulated · Total Stockholders'
	Shares	Amount	Capital	Deficit	Equity
Balance at December 31, 2023	18,197,192	181,972	277,483,092	(5,811,673)	271,853,391
Issuance of common stock, net of offering costs	1,306,803	13,068	20,073,111	167	20,086,346
Issuance of common stock from employee incentive plan (Note 10)	120,463	1,205	(1,205)	-	-
Stock-based compensation, net of forfeitures	-	-	1,367,626	-	1,367,626
Dividends declared on restricted stock awards	-	-	-	(265,790)	(265,790)
Dividends declared on common shares ($.47 per share)	-	-	-	(18,230,744)	(18,230,744)
Net income	-	-	-	17,914,076	17,914,076
Balance at June 30, 2024	19,624,458	$196,245	$298,922,624	(6,393,964)	$292,724,905

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.