REFI: the balance sheet

MyFinsight

For the year ending 2025-12-31, REFI has $424,915,648 in assets. $117,101,172 in debts. $14,948,884 in cash and cash equivalents.

Balance Sheets	2025-12-31
Loans held for investment	332,772,244
Loans held for investment - related party (note 9)	76,183,323
Loans held for investment, at carrying value	408,955,567
Current expected credit loss reserve	5,062,785
Loans held for investment at carrying value, net	403,892,782
Cash and cash equivalents	14,948,884
Interest receivable	4,009,800
Other receivables and assets, net	874,245
Related party receivables	1,189,937
Total assets	424,915,648

Revolving loan	49,100,000
Notes payable, net	49,334,459
Dividend payable	11,157,220
Related party payables	2,214,920
Management and incentive fees payable	3,098,576
Interest payable	1,348,334
Accounts payable and other liabilities	834,977
Interest reserve	12,686
Total liabilities	117,101,172
Common stock, par value 0.01 per share, 100,000,000 shares authorized and 21,080,272 and 20,829,228 shares issued and outstanding, respectively	210,803
Additional paid-in-capital	323,125,854
Accumulated deficit	-15,522,181
Total stockholders equity	307,814,476
Total liabilities and stockholders equity	424,915,648

Unit: Dollar.