For the quarter ending 2026-03-31, AFCG had $74,125,428 increase in cash & cash equivalents over the period.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Accounts receivable | - | - | - | 0 |
| Net (loss) income from continuing operations | - | 914,046 | -12,490,506 | -9,096,966 |
| Stock-based compensation | - | 5,315,118 | 487,436 | 1,038,251 |
| Provision for current expected credit losses | - | 65,786 | 7,372,778 | 15,152,142 |
| Realized losses on investments, net | - | 0 | 0 | 0 |
| Gain on extinguishment of debt | - | 359,305 | - | - |
| Net increase in net assets resulting from operations | 11,427,347 | - | - | - |
| Net change in unrealized appreciation on investments | 7,118,443 | 3,520,599 | -9,712,427 | -1,741,448 |
| Net accretion of discount on investments | 1,107,387 | 810,204 | 811,730 | 1,828,874 |
| Amortization of deferred financing costs-Line Of Credit | 44,798 | 41,844 | 41,522 | 169,393 |
| Amortization of deferred financing costs-Senior Notes | 134,473 | 151,653 | 158,964 | 313,030 |
| Payment-in-kind interest | 327,524 | 46,786 | 151,473 | 266,550 |
| Purchases of investments | 78,866,344 | - | - | - |
| Proceeds from principal repayments and sale of investments | 41,751,649 | - | - | - |
| Interest receivable | 391,278 | 118,148 | -796,353 | -405,310 |
| Accrued management and incentive fees, net | - | 1,043 | 34,780 | -1,251,888 |
| Prepaid expenses and other assets | -802,986 | 54,665 | 733,514 | 448,170 |
| Accrued interest | 1,302,440 | -1,436,628 | 1,258,596 | 46,601 |
| Management fee payable | 23,066 | - | - | - |
| Income based incentive fee payable | 1,023,725 | - | - | - |
| Accrued direct administrative expenses | 342,187 | -359,008 | 56,815 | -520,473 |
| Accounts payable and other liabilities | 114,157 | -345,029 | 382,421 | 228,111 |
| Net cash provided by operating activities of continuing operations | - | -560,882 | 6,114,869 | 5,681,365 |
| Net cash provided by operating activities of discontinued operations | - | 0 | 0 | 0 |
| Net cash used in operating activities | -30,844,148 | -560,882 | 6,114,869 | 5,681,365 |
| Issuance of and fundings on loans | - | 6,030,174 | 10,246,762 | 29,183,647 |
| Proceeds from sales of loans | - | 0 | 0 | 0 |
| Principal repayment of loans | - | 17,087,827 | 37,641,490 | 25,635,763 |
| Net cash provided by investing activities of continuing operations | - | 11,057,653 | 27,394,728 | -3,547,884 |
| Net cash used in investing activities of discontinued operations | - | 0 | 0 | 0 |
| Net cash provided by (used in) investing activities | - | 11,057,653 | 27,394,728 | -3,547,884 |
| Proceeds from sale of common stock | - | 0 | 0 | - |
| Dividends paid to common and preferred shareholders | - | 3,389,181 | 3,389,267 | 12,566,948 |
| Payment of offering costs - equity offering | - | 0 | 0 | - |
| Payment of financing costs | 30,424 | 103,472 | 10,006 | 166,928 |
| Redemption of preferred shares | - | 0 | 0 | 0 |
| Repayment of senior notes | - | 12,519,000 | - | - |
| Cash distribution in connection with the spin-off of suns | - | 0 | 0 | - |
| Net cash used in financing activities of continuing operations | - | -17,011,653 | 8,200,727 | -102,333,876 |
| Borrowings on revolving credit facilities | 188,300,000 | 21,000,000 | 35,100,000 | 35,500,000 |
| Net cash provided by (used in) financing activities of discontinued operations | - | 0 | 0 | 0 |
| Repayments on revolving credit facilities | 83,300,000 | 22,000,000 | 23,500,000 | 125,100,000 |
| Net cash provided by financing activities | 104,969,576 | -17,011,653 | 8,200,727 | -102,333,876 |
| Net increase in cash and cash equivalents | 74,125,428 | -6,514,882 | 41,710,324 | -100,200,395 |
| Cash and cash equivalents, beginning of period | 38,605,507 | 45,120,389 | 103,610,460 | - |
| Cash and cash equivalents, end of period | 112,730,935 | 38,605,507 | 45,120,389 | - |
Advanced Flower Capital Inc. (AFCG)
Advanced Flower Capital Inc. (AFCG)