For the quarter ending 2026-03-31.
| Income Statement | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Commercial mortgage loans held-for-investment | 20,901,542 | 8,902,141.25* | 17,696,281 | 19,976,355 |
| Cash and cash equivalents | 165,847 | 557,121* | 592,519 | 602,563 |
| Securitized debt obligations | 10,375,765 | 11,904,129* | - | - |
| Secured financing agreements | - | 567,135.5* | - | - |
| Collateralized loan obligations and secured financings | - | - | 12,213,561 | 12,646,774 |
| Secured financing agreements | 3,855,105 | - | - | - |
| Secured term loan | 1,139,841 | 1,012,141* | 1,023,777 | 971,365 |
| Net interest income | 5,696,678 | -4,024,143.25* | 5,051,462 | 6,960,779 |
| Management and incentive fees | 1,095,000 | 991,730.5* | 1,099,959 | 1,302,526 |
| General and administrative expenses | 1,066,737 | 720,751.5* | 1,144,444 | 1,006,961 |
| Operating expenses reimbursable to manager | 466,431 | 303,273.5* | 451,778 | 494,801 |
| Other operating expenses | -917,172 | -1,044,983.5* | -269,732 | -240,527 |
| Compensation expense | 111,250 | 111,251* | 111,250 | 111,250 |
| Total expenses | 3,656,590 | 3,171,990* | 3,077,163 | 3,156,065 |
| Release of (provision for) credit losses, net | -732,373 | 3,868,284* | -29,660 | 94,768 |
| Net (expense) from real estate owned operations | -91,406 | 94,812* | -188,945 | - |
| Real estate owned impairment expense | 1,350,435 | - | - | - |
| Change in unrealized (loss) on mortgage servicing rights | -30,245 | -3,307* | -24,700 | -36,456 |
| Realized (loss) on sale of real estate owned | - | -136,861.75* | - | - |
| Loss on extinguishment of debt | -1,152,861 | - | - | - |
| Servicing income, net | 54,421 | 81,519* | 50,423 | 13,199 |
| Total other (loss) | - | -3,832,121.75* | - | - |
| Total other income and expense | -1,838,153 | - | -133,562 | -118,025 |
| Net (loss) income before provision for income taxes | 201,935 | -11,028,255* | 1,840,737 | 3,686,689 |
| Benefit from (provision for) income taxes | -4,648 | 18,672* | -2,902 | -4,084 |
| Net (loss) income | 206,583 | -11,046,927* | 1,843,639 | 3,690,773 |
| Dividends accrued to preferred stockholders | 1,184,958 | 1,184,874* | 1,185,042 | 1,185,042 |
| Net (loss) income attributable to common stockholders (basic) | -978,375 | -12,231,801 | 658,597 | 2,505,731 |
| Basic EPS | -0.02 | -0.234 | 0.01 | 0.05 |
| Diluted EPS | -0.02 | -0.234 | 0.01 | 0.05 |
| Basic Average Shares | 52,400,158 | 52,348,175 | 52,352,469 | 52,332,304 |
| Diluted Average Shares | 52,400,158 | 52,348,175 | 52,352,469 | 52,332,304 |
Lument Finance Trust, Inc. (LFT-PA)
Lument Finance Trust, Inc. (LFT-PA)