For the quarter ending 2025-09-30, SACH had -$11,302K decrease in cash & cash equivalents over the period.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income (loss) | 997 | 2,791 |
| Amortization of deferred financing costs | 552 | 1,101 |
| Depreciation and amortization expense | 134 | 234 |
| Stock-based compensation | 217 | 428 |
| Provision for credit losses related to loans held for investment | 811 | 1,977 |
| Change in valuation allowance related to loans held for sale | 33 | -1,047 |
| Impairment loss on real estate owned | 185 | 0 |
| Loss (gain) on sale of real estate owned and property and equipment, net | -312 | 131 |
| Gain on extinguishment of debt | 140 | - |
| Gain on equity securities | 1,364 | 696 |
| Change in deferred loan fees | 235 | -681 |
| Interest and fees receivable, net | -383 | 462 |
| Other assets | -1,320 | 1,010 |
| Due from borrowers, net | -26 | 2,277 |
| Accounts payable and accrued liabilities | 36 | -996 |
| Advances from borrowers | 1,665 | 99 |
| Total adjustments and operating changes | 3,935 | -2,099 |
| Net cash provided by operating activities | 4,932 | 692 |
| Purchase of investment securities | 0 | 0 |
| Proceeds from the sale of investment securities | 974 | 1,174 |
| Purchase of interests in limited liability companies | 11 | 5,731 |
| Proceeds from investments in limited liability companies | 7,554 | 10,963 |
| Proceeds from sale of real estate owned | 1,723 | 1,559 |
| Acquisitions of and improvements to real estate owned | 235 | - |
| Purchase of property and equipment | 12 | 43 |
| Investments in developmental real estate | 1,740 | 1,022 |
| Principal disbursements for loans | 44,657 | 80,952 |
| Principal collections on loans | 40,651 | 71,394 |
| Net cash provided by investing activities | 4,247 | -2,658 |
| Proceeds from lines of credit | 22,740 | 36,100 |
| Repayments on lines of credit | 16,238 | 49,862 |
| Proceeds from repurchase agreements | 0 | 11,693 |
| Repayments of repurchase agreements | 6,617 | 30,959 |
| Repayment of mortgage payable | 21 | 42 |
| Repayment of notes payable | 56,845 | 0 |
| Dividends paid on common shares | 2,386 | 4,728 |
| Dividends paid on series a preferred stock | 1,117 | 2,235 |
| Proceeds from issuance of senior secured notes | 40,000 | 50,000 |
| Payments of deferred financing costs | -3 | 3,593 |
| Repurchase of common shares | 0 | - |
| Proceeds from issuance of common shares, net of expenses | 0 | 0 |
| Proceeds from issuance of series a preferred stock, net of expenses | 0 | 0 |
| Net cash used in financing activities | -20,481 | 6,374 |
| Net decrease in cash and cash equivalents | -11,302 | 4,408 |
| Cash and cash equivalents at beginning of period | 18,066 | - |
| Cash and cash equivalents at end of period | 11,172 | - |
Sachem Capital Corp. (SACH)
Sachem Capital Corp. (SACH)