Chicago Atlantic Real Estate Finance, Inc.
For the period ended Sep 30, 2026. Filed Nov 10, 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.
Sep 30, 2026 · Filed Nov 10, 2026
REFI$9.26+4.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
| September 30, 2026 | December 31, 2025 | |
|---|---|---|
| (unaudited) | ||
| Assets | ||
| Loans held for investment | $315,092,753 | $332,772,244 |
| Loans held for investment - related party (Note 8) | 108,506,936 | 76,183,323 |
| Loans held for investment, at carrying value | 423,599,689 | 408,955,567 |
| Current expected credit loss reserve | (12,281,248) | (5,062,785) |
| Loans held for investment at carrying value, net | 411,318,441 | 403,892,782 |
| Loans, at fair value - related party (amortized cost of $40,664,036 and $0, respectively) (Note 8) | 40,795,000 | - |
| Cash and cash equivalents | 8,267,325 | 14,948,884 |
| Interest receivable | 4,673,984 | 4,009,800 |
| Other receivables and assets, net | 1,963,315 | 874,245 |
| Related party receivables | 1,174,146 | 1,189,937 |
| Total Assets | $468,192,211 | $424,915,648 |
| Liabilities | ||
| Revolving loan | $94,350,000 | $49,100,000 |
| Notes payable, net | 49,512,366 | 49,334,459 |
| Dividend payable | 12,847,076 | 11,157,220 |
| Related party payables | 1,777,059 | 2,214,920 |
| Management and incentive fees payable | 1,549,623 | 3,098,576 |
| Interest payable | 1,707,651 | 1,348,334 |
| Accounts payable and other liabilities | 1,211,460 | 834,977 |
| Interest reserve | 2,584,948 | 12,686 |
| Total Liabilities | 165,540,183 | 117,101,172 |
| Commitments and contingencies (Note 9) | ||
| Stockholders' equity | ||
| Common stock, par value $0.01 per share, 100,000,000 shares authorized and 25,621,819 and 21,080,272 shares issued and outstanding, respectively | 256,219 | 210,803 |
| Notes receivable from stockholders | (56,776,531) | - |
| Additional paid-in-capital | 388,479,565 | 323,125,854 |
| Accumulated deficit | (29,307,225) | (15,522,181) |
| Total stockholders' equity | 302,652,028 | 307,814,476 |
| Total liabilities and stockholders' equity | $468,192,211 | $424,915,648 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.