Chicago Atlantic Real Estate Finance, Inc.
For the period ended Sep 30, 2025. Filed Nov 4, 2025.
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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.
Sep 30, 2025 · Filed Nov 4, 2025
REFI$8.86+0.7%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
| September 30, 2025 | December 31, 2024 | |
|---|---|---|
| (unaudited) | ||
| Assets | ||
| Loans held for investment | $379,132,272 | $364,238,847 |
| Loans held for investment - related party (Note 8) | 18,918,950 | 38,238,199 |
| Loans held for investment, at carrying value | 398,051,222 | 402,477,046 |
| Current expected credit loss reserve | (4,990,988) | (4,346,869) |
| Loans held for investment at carrying value, net | 393,060,234 | 398,130,177 |
| Loans, at fair value - related party (amortized cost of $0 and $5,500,000, respectively) | - | 5,335,000 |
| Cash and cash equivalents | 28,920,537 | 26,400,448 |
| Other receivables and assets, net | 581,815 | 459,187 |
| Interest receivable | 4,488,146 | 1,453,823 |
| Related party receivables | 26,432 | 3,370,339 |
| Total Assets | $427,077,164 | $435,148,974 |
| Liabilities | ||
| Revolving loan | $52,400,000 | $55,000,000 |
| Notes payable, net | 49,274,644 | 49,096,250 |
| Dividend payable | 9,905,390 | 13,605,153 |
| Related party payables | 3,073,015 | 2,043,403 |
| Management and incentive fees payable | 1,435,071 | 2,863,158 |
| Accounts payable and other liabilities | 1,059,768 | 2,285,035 |
| Interest reserve | 14,597 | 1,297,878 |
| Total Liabilities | 117,162,485 | 126,190,877 |
| Commitments and contingencies (Note 9) | ||
| Stockholders' equity | ||
| Common stock, par value $0.01 per share, 100,000,000 shares authorized and 21,075,298 and 20,829,228 shares issued and outstanding, respectively | 210,753 | 208,292 |
| Additional paid-in-capital | 322,226,137 | 318,886,768 |
| Accumulated deficit | (12,522,211) | (10,136,963) |
| Total stockholders' equity | 309,914,679 | 308,958,097 |
| Total liabilities and stockholders' equity | $427,077,164 | $435,148,974 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.