For the quarter ending 2026-03-31, AFCG has $394,876,923 in assets. $209,058,031 in debts. $112,730,935 in cash and cash equivalents.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Loans held for investment at fair value (cost of 53,744,253 and 50,241,018 at december31, 2025 and 2024, respectively, net) | - | 26,080,763 | 16,923,809 | 26,847,222 |
| Loans held for investment at carrying value, net | - | 253,625,119 | 274,725,669 | 300,946,208 |
| Loan receivable held at carrying value, net | - | 0 | 0 | 0 |
| Current expected credit loss reserve | - | 46,059,838 | 51,170,153 | 43,834,149 |
| Loans held for investment at carrying value and loan receivable held at carrying value, net of current expected credit loss reserve | - | 207,565,281 | 223,555,516 | 257,112,059 |
| Non-controlled, non-affiliated investments at fair value (cost of 345,918,978) | 279,237,624 | - | - | - |
| Cash and cash equivalents | 112,730,935 | 38,605,507 | 45,120,389 | 3,410,065 |
| Interest receivable | 1,290,660 | 899,382 | 781,234 | 1,577,587 |
| Prepaid expenses and other assets | 1,617,704 | 2,443,814 | 2,336,271 | 1,643,022 |
| Total assets | 394,876,923 | 275,594,747 | 288,717,219 | 290,589,955 |
| Accrued interest | 2,065,620 | 763,180 | 2,199,808 | 941,212 |
| Due to affiliate | - | 0 | 0 | 0 |
| Dividends payable | - | 0 | 3,389,181 | 3,389,267 |
| Current expected credit loss reserve | - | 76,469 | 163,900 | 127,126 |
| Distribution payable | 1,176,442 | - | - | - |
| Management fee payable | 739,247 | 716,181 | 715,138 | 680,358 |
| Income based incentive fee payable | 1,023,725 | - | - | - |
| Accrued direct administrative expenses | 717,039 | 374,852 | 733,860 | 677,045 |
| Director fees payable | 63,750 | - | - | - |
| Accounts payable and other liabilities | 823,992 | 773,585 | 1,118,614 | 736,193 |
| Senior notes payable, net | 76,448,216 | 76,322,493 | 89,057,895 | 88,907,680 |
| Line of credit payable-Nonrelated Party | 106,000,000 | 21,000,000 | 22,000,000 | 10,400,000 |
| Line of credit payable-Related Party | 20,000,000 | 0 | 0 | 0 |
| Total liabilities | 209,058,031 | 100,026,760 | 119,378,396 | 105,858,881 |
| Common stock, par value 0.01 per share, 50,000,000 shares authorized 23,528,844 shares issued and outstanding at march31, 2026 | 235,288 | 235,288 | 225,945 | 225,951 |
| Additional paid-in capital | 258,694,609 | 258,694,609 | 253,388,834 | 252,901,392 |
| Distributable (loss) earnings | -73,111,005 | -83,361,910 | -84,275,956 | -68,396,269 |
| Total net assets | 185,818,892 | 175,567,987 | 169,338,823 | 184,731,074 |
| Total liabilities and net assets | 394,876,923 | 275,594,747 | 288,717,219 | 290,589,955 |
Advanced Flower Capital Inc. (AFCG)
Advanced Flower Capital Inc. (AFCG)