For the quarter ending 2026-03-31.
| Income Statement | 2026-03-31 | 2025-12-31 | 2025-09-30 | |
|---|---|---|---|---|
| Commercial mortgage loans held-for-investment | 20,901,542 | 11,695,738.25* | 17,696,281 | |
| Cash and cash equivalents | 165,847 | 572,187* | 592,519 | |
| Securitized debt obligations | 10,375,765 | 11,904,129* | - | |
| Secured financing agreements | - | 567,135.5* | - | |
| Collateralized loan obligations and secured financings | - | - | 12,213,561 | |
| Secured financing agreements | 3,855,105 | - | - | |
| Secured term loan | 1,139,841 | 933,523* | 1,023,777 | |
| Net interest income | 5,696,678 | -1,136,862.25* | 5,051,462 | |
| Management and incentive fees | 1,095,000 | 1,295,581* | 1,099,959 | |
| General and administrative expenses | 1,066,737 | 514,527* | 1,144,444 | |
| Operating expenses reimbursable to manager | 466,431 | 367,808* | 451,778 | |
| Other operating expenses | -917,172 | -1,001,176* | -269,732 | |
| Compensation expense | 111,250 | 111,251* | 111,250 | |
| Total expenses | 3,656,590 | 3,290,343* | 3,077,163 | |
| Release of (provision for) credit losses, net | -732,373 | 3,794,814* | -29,660 | |
| 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 | -20,941* | -24,700 | |
| Realized (loss) on sale of real estate owned | - | -136,861.75* | - | |
| Loss on extinguishment of debt | -1,152,861 | - | - | |
| Servicing income, net | 54,421 | 25,683* | 50,423 | |
| Total other (loss) | - | -3,832,121.75* | - | |
| Total other income and expense | -1,838,153 | - | -133,562 | |
| Net (loss) income before provision for income taxes | 201,935 | -8,259,327* | 1,840,737 | |
| Benefit from (provision for) income taxes | -4,648 | 16,899* | -2,902 | |
| Net (loss) income | 206,583 | -8,276,226* | 1,843,639 | |
| Dividends accrued to preferred stockholders | 1,184,958 | 1,184,874* | 1,185,042 | |
| Net (loss) income attributable to common stockholders (basic) | -978,375 | -9,461,100 | 658,597 | |
| Basic EPS | -0.02 | -0.181 | 0.01 | |
| Diluted EPS | -0.02 | -0.181 | 0.01 | |
| Basic Average Shares | 52,400,158 | 52,336,163 | 52,352,469 | |
| Diluted Average Shares | 52,400,158 | 52,336,163 | 52,352,469 | |
Lument Finance Trust, Inc. (LFT)
Lument Finance Trust, Inc. (LFT)