Chicago Atlantic BDC, Inc.
For the period ended Jun 30, 2026. Filed Aug 13, 2026.
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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.
Jun 30, 2026 · Filed Aug 13, 2026
LIEN$9.07-0.2%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Statements of Operations
| For the Three Months Ended | For the Six Months Ended | |||
|---|---|---|---|---|
| June 30, 2026 | June 30, 2025 | June 30, 2026 | June 30, 2025 | |
| INVESTMENT INCOME | ||||
| Non-controlled/non-affiliate investment income | ||||
| Interest income | $12,333,209 | $11,906,066 | $26,113,981 | $23,185,522 |
| Fee income | 659,411 | 1,173,972 | 2,756,268 | 1,817,518 |
| Total investment income from non-controlled/non-affiliate investments | 12,992,620 | 13,080,038 | 28,870,249 | 25,003,040 |
| Non-controlled affiliate investment income | ||||
| Interest income | 955,512 | - | 1,758,156 | - |
| Fee income | 22,500 | - | 45,000 | - |
| Total investment income from non-controlled affiliate investments | 978,012 | - | 1,803,156 | - |
| Total investment income | 13,970,632 | 13,080,038 | 30,673,405 | 25,003,040 |
| EXPENSES | ||||
| Income-based incentive fees | 1,920,903 | 1,968,637 | 4,378,192 | 3,884,914 |
| Management fee | 1,555,022 | 1,345,331 | 3,084,381 | 2,606,206 |
| General and administrative expenses | 1,142,752 | 1,366,783 | 2,355,536 | 2,341,260 |
| Interest expense | 1,000,939 | 301,260 | 2,025,481 | 446,641 |
| Professional fees | 210,244 | 275,860 | 408,482 | 491,586 |
| Audit expense | 153,750 | 153,750 | 307,500 | 343,752 |
| Other expenses | 145,109 | 169,717 | 291,215 | 314,139 |
| Sub-administrator fees | 115,766 | 128,805 | 249,176 | 286,590 |
| Legal expenses | 72,954 | 313,139 | 118,704 | 564,065 |
| Excise tax expense | - | - | 2,730 | - |
| Capital gains incentive fees | - | 183,932 | (163,473) | 177,119 |
| Total expenses | 6,317,439 | 6,207,214 | 13,057,924 | 11,456,272 |
| Waiver of general and administrative expense (Note 6) | - | - | - | (658,477) |
| Expense limitation agreement (Note 6) | - | (791,783) | - | (1,107,783) |
| Net expenses | 6,317,439 | 5,415,431 | 13,057,924 | 9,690,012 |
| NET INVESTMENT INCOME (LOSS) | 7,653,193 | 7,664,607 | 17,615,481 | 15,313,028 |
| NET CHANGE IN UNREALIZED APPRECIATION (DEPRECIATION) ON INVESTMENTS | ||||
| Non-controlled non-affiliate investments | (528,944) | 919,658 | (3,016,014) | 885,594 |
| Non-controlled affiliate investments | (1,060,170) | - | - | - |
| Net change in unrealized appreciation (depreciation) on investments | (1,589,114) | 919,658 | (3,016,014) | 885,594 |
| Net realized and unrealized gains (losses) | (1,589,114) | 919,658 | (3,016,014) | 885,594 |
| NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS | $6,064,079 | $8,584,265 | $14,599,467 | $16,198,622 |
| NET INVESTMENT INCOME (LOSS) PER SHARE - BASIC AND DILUTED | $0.34 | $0.34 | $0.77 | $0.67 |
| NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS PER SHARE - BASIC AND DILUTED | $0.27 | $0.38 | $0.64 | $0.71 |
| WEIGHTED AVERAGE SHARES OUTSTANDING - BASIC AND DILUTED | 22,820,590 | 22,820,405 | 22,820,590 | 22,820,396 |
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