Advanced Flower Capital Inc.

For the period ended Sep 30, 2026. Filed Nov 5, 2026.

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.

Sep 30, 2026 · Filed Nov 5, 2026

AFCG$3.49+1.6%Stored close · as of Nov 10, 2026

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Contents

Consolidated Balance Sheet as of December 31, 2025

Index

CONSOLIDATED BALANCE SHEET

	As of
	December 31, 2025
Assets
Loans held for investment at fair value (cost of $53,744,253)	$26,080,763
Loans held for investment at carrying value, net	253,625,119
Current expected credit loss reserve	(46,059,838)
Loans held for investment at carrying value, net of current expected credit loss reserve	207,565,281
Cash and cash equivalents	38,605,507
Interest receivable	899,382
Prepaid expenses and other assets	2,443,814
Total assets	$275,594,747
Liabilities
Accrued interest	$763,180
Current expected credit loss reserve	76,469
Accrued management and incentive fees	716,181
Accrued direct administrative expenses	374,852
Accounts payable and other liabilities	773,585
Senior notes payable, net	76,322,493
Line of credit payable	21,000,000
Total liabilities	100,026,760
Commitments and contingencies (Note 8)
Shareholders’ equity
Preferred stock, par value $0.01 per share, 10,000 shares authorized; 0 shares issued and outstanding at December 31, 2025	—
Common stock, par value $0.01 per share, 50,000,000 shares authorized; 23,528,844 shares issued and outstanding at December 31, 2025	235,288
Additional paid-in capital	258,694,609
Accumulated (deficit) earnings	(83,361,910)
Total shareholders’ equity	175,567,987
Total liabilities and shareholders’ equity	$275,594,747

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.