| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Bad debt expense | NaN | 696 | 365 | 1,321 |
| Loss on impairment | NaN | -6,825 | 0 | -67,503 |
| Net income (loss) | 14,122,769 | -348,773 | -166,738 | -1,420,262 |
| Depreciation | 416,967 | 601,496 | 668,081 | 1,635,354 |
| Amortization | 71,803 | 78,900 | 100,597 | 263,149 |
| Loss on redemption of mandatorily redeemable preferred stock | NaN | 0 | 0 | -9,375 |
| Deferred income taxes | -2,508,679 | NaN | NaN | NaN |
| Loan cost amortization | 11,179 | 18,125 | 20,366 | 58,359 |
| Mandatorily redeemable preferred stock issuance cost and discount amortization | NaN | 0 | 0 | 2,404 |
| Amortization of lease incentives | NaN | 0 | 0 | 1,236 |
| Above (below) market lease amortization, net | -19,714 | -21,585 | -27,820 | -91,941 |
| Share-based compensation | 224,220 | 0 | 0 | 397,182 |
| Loss on extinguishment of debt | -372,340 | -403,578 | 0 | -27,066 |
| Impairment of assets held for sale | NaN | 542,394 | 120,000 | NaN |
| Unrealized gain on marketable securities | 230,865 | NaN | NaN | NaN |
| Unrealized loss on crypto assets | -71,627 | -47,759 | 3,733 | NaN |
| Gain on disposal of investment property | 12,850,227 | 731,439 | NaN | NaN |
| Rent and other receivables | -64,094 | 288,335 | -60,010 | -169,257 |
| Unbilled rent | -35,991 | -53,288 | -85,273 | -69,264 |
| Other assets | 271,908 | 325,497 | -559,499 | 459,259 |
| Accounts payable and accrued liabilities | 54,032 | -672,002 | 322,445 | 112,618 |
| Net cash flows from operating activities | -508,353 | -741,146 | 1,567,799 | 704,098 |
| Investment property acquisitions | NaN | 0 | 14,624,638 | 89,875 |
| Capital expenditures | 119,743 | 322,722 | 567,817 | 563,219 |
| Cash received from disposal of investment property, net | -17,159,761 | -9,526,340 | NaN | NaN |
| Offering costs paid related to dst offering | NaN | 239,788 | NaN | NaN |
| Purchase of marketable securities | 12,185,803 | NaN | NaN | NaN |
| Repurchases of common stock, including costs and fees | NaN | 0 | 0 | 140,788 |
| Purchase of crypto assets | 201,077 | 218,923 | 64,001 | 55,004 |
| Redemption of mandatorily redeemable preferred stock | NaN | 0 | 0 | 1,500,000 |
| Net cash flows from investing activities | 4,653,138 | 8,984,695 | -15,256,456 | -708,098 |
| Dividends and distributions paid | 721,177 | 160,720 | 158,918 | 282,569 |
| Repayment of line of credit, short term | NaN | 14,700,000 | NaN | NaN |
| Proceeds from line of credit, short term | NaN | 0 | 14,321,378 | NaN |
| Proceeds from mortgages payable, net | NaN | 7,505,754 | NaN | NaN |
| Repayment of mortgages payable | 228,725 | 317,311 | 308,999 | 507,597 |
| Proceeds from the sale of beneficial interests in dst entities, net of offering costs | 2,106,312 | NaN | NaN | NaN |
| Net cash flows from financing activities | 1,156,410 | -7,912,065 | 13,853,461 | -2,430,954 |
| Increase (decrease) in cash, cash equivalents and restricted cash | 5,301,195 | 331,484 | 164,804 | -2,434,954 |
| Cash, cash equivalents and restricted cash, beginning of period | 4,134,070 | 3,802,586 | 6,072,736 | NaN |
| Cash, cash equivalents and restricted cash, end of period | 9,435,265 | 4,134,070 | 3,802,586 | NaN |
Medalist Diversified, Inc. (MDRR)
Medalist Diversified, Inc. (MDRR)