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Advanced Flower Capital Inc

For the period ended Mar 31, 2025. Filed May 14, 2025.

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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.

Mar 31, 2025 · Filed May 14, 2025

AFCG$3.44+8.4%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 exhibits

Index

TABLE OF CONTENTS

INDEX

Part I. · Financial Information
Item 1.Financial Statements1
Consolidated Balance Sheets as of March 31, 2025 (unaudited) and December 31, 20241
Consolidated Statements of Operations for the three months ended March 31, 2025 and 2024 (unaudited)2
Consolidated Statements of Shareholders’ Equity for the three months ended March 31, 2025 and 2024 (unaudited)3
Consolidated Statements of Cash Flows for the three months ended March 31, 2025 and 2024 (unaudited)4
Notes to the Consolidated Financial Statements (unaudited)6
Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations30
Item 3.Quantitative and Qualitative Disclosures About Market Risk45
Item 4.Controls and Procedures48
Part II.Other Information48
Item 1.Legal Proceedings48
Item 1A.Risk Factors48
Item 2.Unregistered Sales of Equity Securities and Use of Proceeds48
Item 3.Defaults Upon Senior Securities48
Item 4.Mine Safety Disclosures49
Item 5.Other Information49
Item 6.Exhibits50
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.