For the quarter ending 2026-03-31, SACH had $641K increase in cash & cash equivalents over the period.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Advances from borrowers | - | - | 1,665 | 99 |
| (gain) loss on sale of loans | - | 121 | - | - |
| Total adjustments and operating changes | - | - | 3,935 | -2,099 |
| Impairment loss on real estate owned | - | 875 | 185 | 0 |
| Net (loss) income | -6,077 | 2,520 | 997 | 2,791 |
| Amortization of deferred financing costs | 507 | 549 | 552 | 1,101 |
| Depreciation and amortization expense | 89 | 157 | 134 | 234 |
| Stock-based compensation | 267 | 195 | 217 | 428 |
| Provision for credit losses related to loans held for investment | 5,372 | 492 | 811 | 1,977 |
| Change in valuation allowance related to loans held for sale | 0 | 0 | 33 | -1,047 |
| Recovery of impairment loss on real estate owned | 97 | - | - | - |
| Gain on sale of real estate owned and property and equipment, net | 196 | 4,236 | -312 | 131 |
| Gain on extinguishment of debt | - | 0 | 140 | - |
| Gain on investment securities | - | 1,566 | - | - |
| Loss on equity securities | -2,200 | - | 1,364 | 696 |
| Change in deferred loan fees | 5 | 166 | 235 | -681 |
| Interest and fees receivable, net | 668 | 112 | -383 | 462 |
| Other assets | -176 | 1,076 | -1,320 | 1,010 |
| Due from borrowers, net | 855 | 1,430 | -26 | 2,277 |
| Accounts payable and accrued liabilities | 838 | 692 | 36 | -996 |
| Advances from borrowers | 1,344 | -31 | - | - |
| Net cash provided by operating activities | 835 | -2,962 | 4,932 | 692 |
| Purchase of investment securities | - | 0 | 0 | 0 |
| Proceeds from the sale of investment securities | - | -1 | 974 | 1,174 |
| Purchase of interests in limited liability companies | 721 | 705 | 11 | 5,731 |
| Proceeds from investments in limited liability companies | 4,618 | 2,740 | 7,554 | 10,963 |
| Proceeds from sale of real estate owned | 673 | 4,229 | 1,723 | 1,559 |
| Acquisitions of and improvements to real estate owned | - | -235 | 235 | - |
| Proceeds from sale of investments in developmental real estate and property and equipment | - | 19,874 | - | - |
| Purchase of property and equipment | 0 | 107 | 12 | 43 |
| Investments in developmental real estate | 363 | 454 | 1,740 | 1,022 |
| Principal disbursements for loans | 38,761 | 26,167 | 44,657 | 80,952 |
| Proceeds from issuance of common shares, net of expenses | - | 0 | 0 | 0 |
| Principal collections on loans | 18,050 | 28,117 | 40,651 | 71,394 |
| Repurchase of common shares | - | 0 | 0 | - |
| Net cash (used in) provided by investing activities | -16,504 | 27,761 | 4,247 | -2,658 |
| Proceeds from issuance of series a preferred stock, net of expenses | - | 109 | 0 | 0 |
| Repayment of notes payable | - | 0 | 56,845 | 0 |
| Proceeds from lines of credit | 20,000 | 17,000 | 22,740 | 36,100 |
| Repayments on lines of credit | 10,000 | 30,740 | 16,238 | 49,862 |
| Proceeds from repurchase agreements | 0 | 0 | 0 | 11,693 |
| Repayments of repurchase agreements | 0 | -82,977 | 6,617 | 30,959 |
| Repayment of mortgage payable | 22 | 22 | 21 | 42 |
| Dividends paid on common shares | 2,398 | 2,386 | 2,386 | 4,728 |
| Dividends paid on series a preferred stock | 1,120 | 1,120 | 1,117 | 2,235 |
| Proceeds from issuance of senior secured notes | 10,000 | 0 | 40,000 | 50,000 |
| Payments of deferred financing costs | 150 | 63 | -3 | 3,593 |
| Net cash provided by financing activities | 16,310 | -25,047 | -20,481 | 6,374 |
| Net increase in cash and cash equivalents | 641 | -248 | -11,302 | 4,408 |
| Cash and cash equivalents beginning of period | 10,924 | 11,172 | 18,066 | - |
| Cash and cash equivalents end of period | 11,565 | 10,924 | 11,172 | - |
Sachem Capital Corp. (SACH)
Sachem Capital Corp. (SACH)