| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income (loss) | 14,355 | 1,373 |
| Depreciation and amortization | 17,621 | 12,009 |
| Amortization of deferred financing costs | 2,038 | 1,477 |
| Net changes in fair value of derivative liabilities | -6,252 | 8,737 |
| Loss on conversion of convertible notes | -902 | -902 |
| Above (below) market lease amortization, net | -1,983 | -1,425 |
| Paid-in-kind interest | 2,006 | 2,006 |
| Loss on repurchase of debt securities | 0 | 0 |
| Gain on preferred stock redemptions | 1,222 | 1,046 |
| Unrealized gain on investment securities, net - related party | 0 | 0 |
| Straight-line rents | -56 | -37 |
| Gain on disposal of properties, net | 10,874 | 10,877 |
| Credit adjustments on operating lease receivables | 856 | 586 |
| Impairment charges | 2,490 | - |
| Receivables, net | 1,507 | 1,716 |
| Deferred costs and other assets, net | 1,839 | 975 |
| Accounts payable, accrued expenses and other liabilities | 2,229 | 2,310 |
| Net cash provided by operating activities | 18,764 | 13,324 |
| Expenditures for real estate improvements | 12,543 | 8,069 |
| Purchases of investment securities | 0 | 0 |
| Cash received from disposal of properties | 33,440 | 33,412 |
| Net cash provided by investing activities | 20,897 | 25,343 |
| Payments for deferred financing costs | 456 | 193 |
| Dividends and distributions paid on noncontrolling interest | 5,244 | 3,674 |
| Repurchase of noncontrolling interest | 41,861 | 31,784 |
| Loan proceeds | 20,250 | 10,000 |
| Loan principal payments | 15,594 | 15,082 |
| Repurchase of debt securities | 0 | 0 |
| Loan prepayment premium | 569 | 573 |
| Net cash used in financing activities | -43,474 | -41,306 |
| (decrease) increase in cash, cash equivalents and restricted cash | -3,813 | -2,639 |
| Cash and cash equivalents at beginning of period | 60,716 | - |
| Cash and cash equivalents at end of period | 56,903 | - |
Wheeler Real Estate Investment Trust, Inc. (WHLR)
Wheeler Real Estate Investment Trust, Inc. (WHLR)