CION Investment Corp
For the period ended Sep 30, 2026. Filed Nov 5, 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 5, 2026
CION$6.35+0.8%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Cash Flows
| Three Months EndedSeptember 30, · Nine Months EndedSeptember 30, · Year EndedDecember 31, | |||||
|---|---|---|---|---|---|
| 2026 | 2025 | 2026 | 2025 | 2025 | |
| (unaudited) · (unaudited) · (unaudited) · (unaudited) | |||||
| Operating activities: | |||||
| Net (decrease) increase in net assets resulting from operations | $(3,550) | $35,878 | $4,399 | $20,489 | $(20,631) |
| Adjustments to reconcile net (decrease) increase in net assets resulting from operations to net cash provided by operating activities: | |||||
| Net accretion of discount on investments | (1,907) | (19,445) | (6,441) | (23,654) | (25,652) |
| Proceeds from principal repayment of investments | 58,051 | 148,107 | 198,811 | 270,081 | 349,209 |
| Purchase of investments | (34,724) | (81,833) | (167,110) | (185,752) | (263,997) |
| Paid-in-kind interest and dividends capitalized | (11,756) | (17,955) | (36,307) | (40,497) | (52,178) |
| Decrease (increase) in short term investments, net | 124,536 | (43,727) | 85,612 | (33,582) | (47,192) |
| Proceeds from sale of investments | 150,207 | 3,061 | 203,748 | 18,517 | 18,517 |
| Net realized loss on investments | 8,635 | 9,605 | 26,364 | 39,687 | 39,569 |
| Net change in unrealized depreciation (appreciation) on investments | 6,709 | (6,916) | 8,065 | 14,565 | 74,102 |
| Amortization of debt issuance costs | 3,469 | 1,882 | 7,562 | 5,545 | 7,523 |
| (Increase) decrease in interest receivable on investments | 3,338 | 7,201 | (3,348) | 2,687 | 481 |
| (Increase) decrease in receivable due on investments sold and repaid | 606 | (1,810) | 2,715 | (2,253) | (734) |
| (Increase) decrease in prepaid expenses and other assets | 1,142 | (2,053) | 345 | (1,754) | (708) |
| Increase (decrease) in payable for investments purchased | 246 | 9,273 | 793 | 8,258 | 1,510 |
| Increase (decrease) in accounts payable and accrued expenses | 169 | (24) | 111 | 120 | (249) |
| Increase (decrease) in interest payable | 2,055 | (1,672) | 1,402 | (2,050) | (2,480) |
| Increase (decrease) in accrued management fees | (303) | 74 | (686) | (190) | (338) |
| Increase (decrease) in accrued administrative services expense | 255 | 236 | (916) | (507) | 176 |
| Increase (decrease) in subordinated incentive fee on income payable | (391) | 4,592 | (1,267) | 4,217 | (82) |
| Increase (decrease) in share repurchase payable | — | (94) | (27) | — | (13) |
| Net cash provided by operating activities | 306,787 | 44,380 | 323,825 | 93,927 | 76,833 |
| Financing activities: | |||||
| Repurchase of common stock | — | (3,256) | (17,721) | (11,984) | (17,190) |
| Shareholders' distributions paid | (14,761) | (18,726) | (44,841) | (59,472) | (78,024) |
| Repayments under financing arrangements | (364,844) | (25,000) | (464,844) | (45,000) | (170,000) |
| Borrowings under financing arrangements | 87,000 | — | 222,000 | 20,000 | 192,500 |
| Debt issuance costs paid | (1,283) | — | (6,015) | (1,210) | (3,630) |
| Net cash used in financing activities | (293,888) | (46,982) | (311,421) | (97,666) | (76,344) |
| Net increase (decrease) in cash | 12,899 | (2,602) | 12,404 | (3,739) | 489 |
| Cash, beginning of period | 7,664 | 6,533 | 8,159 | 7,670 | 7,670 |
| Cash, end of period | $20,563 | $3,931 | $20,563 | $3,931 | $8,159 |
| Supplemental disclosure of cash flow information: | |||||
| Cash paid for interest | $18,319 | $22,426 | $63,319 | $64,774 | $85,442 |
| Supplemental non-cash operating activities: | |||||
| Restructuring of portfolio investment | $43,201 | $74,226 | $91,472 | $121,306 | $135,757 |
| Investments sold to SLFP in exchange for common SLFP LLC Interests | $47,750 | $— | $47,750 | $— | $— |
| Investments received in settlement of fee income | $— | $— | $4,468 | $— | $21,156 |
| Cash interest receivable exchanged for additional securities | $1,501 | $7,884 | $1,501 | $12,150 | $16,676 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.