For the quarter ending 2026-03-31, CMTG had -$60,341K decrease in cash & cash equivalents over the period.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net loss | -54,294 | -219,211 | -9,528 | -260,330 |
| Accretion of fees and discounts on loans receivable | 1,660 | 2,162 | 2,749 | 5,705 |
| Amortization of deferred financing costs on secured financings | 6,487 | 6,723 | 6,077 | 10,774 |
| Amortization of deferred financing costs on debt related to real estate owned hotel portfolio | 707 | 708 | 708 | 882 |
| Amortization of discount on secured term loan | 569 | - | - | - |
| Unrealized loss on interest rate cap | - | 0 | -71 | - |
| Non-cash stock-based compensation expense | 2,369 | 2,295 | 2,118 | 9,932 |
| Loss on real estate owned held-for-sale | - | - | - | -362 |
| Loss on partial sales of real estate owned, net | - | -1,382 | 2,006 | -1,640 |
| Depreciation and amortization on real estate owned, in-place lease values, and deferred leasing costs | 6,399 | 5,731 | 3,740 | 1,283 |
| Amortization of above and below market lease values, net | 258 | 258 | 258 | 688 |
| Straight-line rent adjustment | 201 | 126 | 252 | 182 |
| Loss from equity method investment | -38 | -31 | -32 | -61 |
| Loss on extinguishment of debt | -5,898 | -847 | 0 | -547 |
| Valuation adjustment for real estate owned held-for-sale | - | 0 | 12,618 | - |
| Non-cash advances on loans receivable in lieu of interest | -964 | -8,961 | -11,584 | -27,427 |
| Non-cash advances on secured financings in lieu of interest | - | 1,495 | 2,163 | 4,071 |
| Valuation adjustment for loans receivable held-for-sale | - | 0 | 0 | -41,767 |
| Non-cash advances on debt related to real estate owned hotel portfolio | - | 0 | 0 | 1,146 |
| Repayment of non-cash advances on loans receivable in lieu of interest | 20,036 | 8,361 | 10,364 | 17,627 |
| Repayment of non-cash advances on debt related to real estate owned hotel portfolio | - | - | 0 | -1,146 |
| Repayment of non-cash advances on interests in loans receivable in lieu of interest | - | -1,146 | - | - |
| Provision for current expected credit loss reserve | 31,372 | 211,681 | 24,234 | 230,612 |
| Other assets | 12,026 | 2,531 | 951 | 43,297 |
| Capital expenditures on real estate owned held-for-sale | - | 0 | 0 | -362 |
| Other liabilities | -11,039 | -4,164 | -476 | -6,115 |
| Payment of deferred leasing costs | - | 372 | 0 | 353 |
| Reserves and deposits held for loans receivable | - | 0 | - | - |
| Management fee payable - affiliate | -427 | 41 | -464 | -18,823 |
| Proceeds from partial sales of real estate owned | - | 21,836 | 11,797 | 26,851 |
| Net cash used in operating activities | -6,478 | 2,398 | 8,775 | -41,633 |
| Loan originations, acquisitions and advances, net of fees | 21,212 | 36,279 | 21,914 | 62,821 |
| Advances on loans receivable held-for-sale | - | 0 | 0 | 12,079 |
| Repayments of loans receivable | 224,693 | 324,850 | 512,298 | 767,718 |
| Proceeds from sales of loans receivable | 197,500 | 28,069 | 1,552 | 302,452 |
| Extension and exit fees received from loans receivable | 168 | 1,998 | 189 | 2,095 |
| Capital expenditures on real estate owned | -2,264 | -1,247 | -907 | -206 |
| Cash and restricted cash acquired from foreclosures on real estate owned | 1,933 | 0 | 2,911 | 1,237 |
| Payment of transaction costs from foreclosures on real estate owned | -269 | -216 | -815 | -561 |
| Net cash provided by investing activities | 400,549 | 338,639 | 505,111 | 1,023,971 |
| Dividends paid | - | 0 | - | - |
| Repayments of debt related to real estate owned hotel portfolio | - | - | 0 | 275,000 |
| Payment of exit fees on secured financings | - | 0 | 0 | 1,038 |
| Payments for withholding taxes upon delivery of stock-based awards | - | 0 | 805 | 662 |
| Purchase of interest rate cap | - | 0 | 0 | -71 |
| Proceeds from secured financings | 10,708 | 5,718 | 14,660 | 675,868 |
| Proceeds from debt related to real estate owned hotel portfolio | - | 0 | 0 | 235,000 |
| Proceeds from secured term loan and issuance of warrants | 500,000 | - | - | - |
| Payment of deferred financing costs | 18,513 | 5,475 | 6,823 | 13,939 |
| Payment of equity issuance costs | 493 | - | - | - |
| Payment of fees on secured financing | 2,592 | - | - | - |
| Repayments of secured financings | 387,334 | 350,840 | 390,670 | 1,504,262 |
| Repayments of secured term loan | 556,188 | 155,916 | 1,907 | 3,814 |
| Repayments of debt related to real estate owned hotel portfolio | - | 275,000 | - | - |
| Net cash used in financing activities | -454,412 | -506,513 | -385,545 | -887,918 |
| Net (decrease) increase in cash, cash equivalents and restricted cash | -60,341 | -165,476 | 128,341 | 94,420 |
| Cash, cash equivalents and restricted cash, beginning of period | 190,785 | 356,261 | 133,500 | - |
| Cash, cash equivalents and restricted cash, end of period | 130,444 | 190,785 | 356,261 | - |
Claros Mortgage Trust, Inc. (CMTG)
Claros Mortgage Trust, Inc. (CMTG)