For the quarter ending 2025-09-30, AFCG has $288,717,219 in assets. $119,378,396 in debts. $45,120,389 in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Loans held for investment at fair value (cost of 48,107,898 and 50,241,018 at september30, 2025 and december31, 2024, respectively, net) | 16,923,809 | 26,847,222 | ||
| Loans held for investment at carrying value, net | 274,725,669 | 300,946,208 | ||
| Loan receivable held at carrying value, net | 0 | 0 | ||
| Current expected credit loss reserve | 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 | 223,555,516 | 257,112,059 | ||
| Cash and cash equivalents | 45,120,389 | 3,410,065 | ||
| Interest receivable | 781,234 | 1,577,587 | ||
| Prepaid expenses and other assets | 2,336,271 | 1,643,022 | ||
| Total assets | 288,717,219 | 290,589,955 | ||
| Accrued interest | 2,199,808 | 941,212 | ||
| Due to affiliate | 0 | 0 | ||
| Dividends payable | 3,389,181 | 3,389,267 | ||
| Current expected credit loss reserve | 163,900 | 127,126 | ||
| Accrued management and incentive fees | 715,138 | 680,358 | ||
| Accrued direct administrative expenses | 733,860 | 677,045 | ||
| Accounts payable and other liabilities | 1,118,614 | 736,193 | ||
| Senior notes payable, net | 89,057,895 | 88,907,680 | ||
| Line of credit payable to affiliate-Nonrelated Party | 22,000,000 | 10,400,000 | ||
| Line of credit payable to affiliate-Related Party | 0 | 0 | ||
| Total liabilities | 119,378,396 | 105,858,881 | ||
| Common stock, par value 0.01 per share, 50,000,000 shares authorized at september30, 2025 and december31, 2024 and 22,594,541 and 22,332,927 shares issued and outstanding at september30, 2025 and december31, 2024, respectively | 225,945 | 225,951 | ||
| Additional paid-in capital | 253,388,834 | 252,901,392 | ||
| Accumulated (deficit) earnings | -84,275,956 | -68,396,269 | ||
| Total shareholders equity | 169,338,823 | 184,731,074 | ||
| Total liabilities and shareholders equity | 288,717,219 | 290,589,955 | ||
Advanced Flower Capital Inc. (AFCG)
Advanced Flower Capital Inc. (AFCG)