For the year ending 2025-12-31, SUNS had -$178,181,442 decrease in cash & cash equivalents over the period.
| Cash Flow | 2025-12-31 |
|---|---|
| Net income | 12,142,409 |
| Provision for current expected credit losses | 2,029,056 |
| Amortization of deferred financing costs | 477,989 |
| Accretion of deferred loan original issue discount and premium, net | 1,481,495 |
| Stock-based compensation | 1,019,168 |
| Interest drawn on loans | 17,354,062 |
| Pik interest | 45,722 |
| Interest receivable | 1,125,572 |
| Prepaid expenses and other assets | -445,998 |
| Accrued interest | 599,027 |
| Accrued management and incentive fees | 299,653 |
| Accrued direct administrative expenses | -433,278 |
| Accounts payable and other liabilities | -3,749 |
| Net cash (used in) provided by operating activities | -3,430,578 |
| Issuance of and fundings on loans | 204,576,675 |
| Principal repayment of loans | 51,516,841 |
| Net cash used in investing activities | -153,059,834 |
| Net transfers and distributions from (to) former parent | 0 |
| Proceeds from sale of common stock | 72,588,000 |
| Payment of offering costs - equity offering | 1,817,353 |
| Payment of financing costs | 600,616 |
| Borrowings on revolving credit facilities | 214,060,000 |
| Repayment of revolving credit facilities | 290,900,000 |
| Dividends paid to common shareholders | 15,021,061 |
| Net cash (used in) provided by financing activities | -21,691,030 |
| Net (decrease) increase in cash and cash equivalents | -178,181,442 |
| Cash and cash equivalents, beginning of period | 184,626,770 |
| Cash and cash equivalents, end of period | 6,445,328 |
Sunrise Realty Trust, Inc. (SUNS)
Sunrise Realty Trust, Inc. (SUNS)