For the year ending 2025-12-31, SCCE had -$7,142K decrease in cash & cash equivalents over the period.
| Cash Flow | 2025-12-31 |
|---|---|
| Net income (loss) | 6,308 |
| Amortization of deferred financing costs | 2,202 |
| Depreciation expense | 525 |
| Stock-based compensation | 840 |
| Provision for credit losses related to loans held for investment | 3,280 |
| Change in valuation allowance related to loans held for sale | -1,014 |
| (gain) loss on sale of loans | 121 |
| Impairment loss on real estate owned | 1,060 |
| Gain on sale of investments in developmental real estate, real estate owned, and property and equipment, net | 4,055 |
| Gain on extinguishment of debt | 140 |
| Gain on investment securities | 1,566 |
| Deferred loan fees revenue | -280 |
| Interest and fees receivable, net | 191 |
| Other assets | 766 |
| Due from borrowers, net | 3,681 |
| Accounts payable and accrued liabilities | -268 |
| Advances from borrowers | -31 |
| Net cash provided by operating activities | 2,662 |
| Purchase of investment securities | 0 |
| Proceeds from the sale of investment securities | 2,147 |
| Purchase of interests in limited liability companies | 6,447 |
| Proceeds from limited liability companies returns of capital | 21,257 |
| Proceeds from sale of real estate owned | 7,511 |
| Acquisitions of and improvements to real estate owned | 0 |
| Proceeds from sale of investments in developmental real estate and property and equipment | 19,874 |
| Purchase of property and equipment | 162 |
| Improvements in investment in rental real estate | 3,216 |
| Principal disbursements for loans | 151,776 |
| Principal collections on loans | 140,162 |
| Net cash provided by investing activities | 29,350 |
| Proceeds from lines of credit | 75,840 |
| Repayments on lines of credit | 96,840 |
| Proceeds from repurchase agreements | 11,693 |
| Repayments of repurchase agreements | -45,401 |
| Repayment of mortgage payable | 85 |
| Dividends paid on common shares | 9,500 |
| Dividends paid on series a preferred stock | 4,472 |
| Proceeds from issuance of senior secured notes | 90,000 |
| Payment of deferred financing costs | 3,653 |
| Proceeds from issuance of common shares, net of expenses | 0 |
| Repurchase of common shares | 0 |
| Proceeds from issuance of series a preferred stock, net of expenses | 109 |
| Repayment of notes payable | 56,845 |
| Net cash used in financing activities | -39,154 |
| Net (decrease) increase in cash and cash equivalents | -7,142 |
| Cash and cash equivalents - beginning of period | 18,066 |
| Cash and cash equivalents - end of period | 10,924 |
Sachem Capital Corp. (SCCE)
Sachem Capital Corp. (SCCE)