Sunrise Realty Trust, Inc. (SUNS)
Sunrise Realty Trust, Inc. (SUNS)
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Loans held for investment at carrying value, net | 296,841,030 | 302,674,743 | 250,378,727 | 248,337,012 |
| Current expected credit loss reserve | 322,786 | 1,891,170 | 140,523 | 383,860 |
| Loans held for investment at carrying value, net of current expected credit loss reserve | 296,518,244 | 300,783,573 | 250,238,204 | 247,953,152 |
| Cash and cash equivalents | 5,658,839 | 6,445,328 | 5,547,368 | 5,571,621 |
| Interest receivable | 2,571,173 | 2,264,133 | 1,967,177 | 2,109,894 |
| Investment in unconsolidated real estate joint venture | 24,635,000 | - | - | - |
| Prepaid expenses and other assets | 647,696 | 735,230 | 1,078,733 | 853,777 |
| Total assets | 330,030,952 | 310,228,264 | 258,831,482 | 256,488,444 |
| Accrued interest | 1,080,911 | 730,644 | 504,186 | 373,109 |
| Dividends payable | 4,055,897 | 4,026,296 | 4,026,296 | 4,026,353 |
| Current expected credit loss reserve | 228,826 | 178,066 | 291,933 | 242,461 |
| Accrued management and incentive fees | 1,635,136 | 692,716 | 1,072,274 | 689,140 |
| Accrued direct administrative expenses | 633,432 | 282,296 | 837,515 | 675,237 |
| Accounts payable and other liabilities | 466,954 | 355,865 | 337,707 | 1,209,543 |
| Line of credit payable-Nonrelated Party | 88,050,000 | 102,250,000 | 67,150,000 | 64,950,000 |
| Line of credit payable-Related Party | 51,350,000 | 19,750,000 | 0 | 0 |
| Total liabilities | 147,501,156 | 128,265,883 | 74,219,911 | 72,165,843 |
| Common stock, par value 0.01 per share, 50,000,000 shares authorized at march 31, 2026 and december 31, 2025 and 13,519,655 and 13,420,986 shares issued and outstanding at march 31, 2026 and december 31, 2025, respectively | 135,197 | 134,210 | 134,210 | 134,212 |
| Additional paid-in capital | 187,114,464 | 186,745,489 | 186,998,082 | 186,737,773 |
| Accumulated (deficit) earnings | -4,719,865 | -4,917,318 | -2,520,721 | -2,549,384 |
| Total shareholders' equity | 182,529,796 | 181,962,381 | 184,611,571 | 184,322,601 |
| Total liabilities and shareholders' equity | 330,030,952 | 310,228,264 | 258,831,482 | 256,488,444 |