For the year ending 2025-12-31, LFT had -$44,946,016 decrease in cash & cash equivalents over the period.
| Cash Flow | 2025-12-31 |
|---|---|
| Net (loss) income | -2,745,309 |
| Accretion of commercial mortgage loans held-for-investment discounts | 1,919,809 |
| Accretion of deferred loan fees | 2,791,339 |
| Amortization of deferred offering costs | 0 |
| Amortization of deferred financing costs | 1,476,954 |
| Provision for credit losses | 14,390,927 |
| Depreciation and amortization | 779,260 |
| Loss on sale of real estate owned | -547,447 |
| Unrealized loss on mortgage servicing rights | -95,041 |
| Non-cash compensation expense | 189,985 |
| Accrued interest receivable | -517,619 |
| Other assets | 1,201,235 |
| Accrued interest payable | -828,087 |
| Fees and expenses payable to manager | -145,718 |
| Other liabilities | 1,732,797 |
| Net cash provided by operating activities | 10,098,533 |
| Purchase and funding of commercial mortgage loans held-for-investment | 403,777,460 |
| Purchase of real estate owned | 748,101 |
| Principal payments from commercial mortgage loans held-for-investment | 251,457,389 |
| Proceeds from sale of real estate owned | 8,156,893 |
| Capital expenditures on real estate owned, held-for-investment | 1,095,445 |
| Restricted cash assumed from acquisition of real estate owned | -1,522,391 |
| Deferred loan fees | -2,418,752 |
| Net cash provided by (used in) investing activities | -142,919,473 |
| Dividends paid on common stock | 18,313,583 |
| Dividends paid on preferred stock | 4,740,000 |
| Proceeds from secured financing agreements | 450,960,414 |
| Proceeds from securitized debt obligations | 584,983,000 |
| Payment of secured financing agreements | 256,766,633 |
| Payment of securitized debt obligations | 661,043,234 |
| Payment of deferred financing costs | 7,205,040 |
| Net cash (used in) provided by financing activities | 87,874,924 |
| Net increase in cash, cash equivalents and restricted cash | -44,946,016 |
| Cash, cash equivalents and restricted cash, beginning of period | 71,564,098 |
| Cash, cash equivalents and restricted cash, end of period | 26,618,082 |
Lument Finance Trust, Inc. (LFT)
Lument Finance Trust, Inc. (LFT)