For the quarter ending 2026-03-31, WHLRL had -$609K decrease in cash & cash equivalents over the period.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 |
|---|---|---|---|
| Net (loss) income | -1,171 | 482 | 14,355 |
| Depreciation and amortization | 5,232 | 5,323 | 17,621 |
| Deferred financing cost amortization | 573 | 656 | 2,038 |
| Changes in fair value of derivative liabilities | 3,370 | 1,510 | -6,252 |
| Loss on conversion of convertible notes | - | 0 | -902 |
| Exercise of warrants | 200 | - | - |
| Above (below) market lease amortization, net | -360 | -483 | -1,983 |
| Paid-in-kind interest | - | 1,853 | 2,006 |
| Loss on repurchase of debt securities | - | 0 | 0 |
| Gain on preferred stock redemptions | 179 | 301 | 1,222 |
| Unrealized gain on investment securities, net - related party | - | 0 | 0 |
| Straight-line income | -22 | -19 | -56 |
| Gain on disposal of properties, net | 2,557 | 3,480 | 10,874 |
| Credit adjustments on operating lease receivables | 313 | 68 | 856 |
| Impairment charges | - | 390 | 2,490 |
| Receivables, net | 797 | 1,517 | 1,507 |
| Deferred costs and other assets, net | 1,423 | -485 | 1,839 |
| Accounts payable, accrued expenses and other liabilities | 1,288 | -2,599 | 2,229 |
| Net cash provided by operating activities | 4,467 | 2,368 | 18,764 |
| Expenditures for real estate improvements | 1,878 | 4,563 | 12,543 |
| Purchase of investment securities - related party | - | 10,000 | 0 |
| Cash received from disposal of properties | 5,805 | 25,803 | 33,440 |
| Net cash provided by investing activities | 3,927 | 11,240 | 20,897 |
| Payments for deferred financing costs | - | 0 | 456 |
| Proceeds from exercise of warrants | 2 | - | - |
| Dividends and distributions paid on noncontrolling interest | 1,280 | 1,312 | 5,244 |
| Repurchase of noncontrolling interest | 0 | 49 | 41,861 |
| Loan proceeds | - | 5,000 | 20,250 |
| Loan principal payments | 7,662 | 24,834 | 15,594 |
| Repurchase of debt securities | - | 0 | 0 |
| Loan prepayment premium | 63 | 687 | 569 |
| Net cash used in financing activities | -9,003 | -21,882 | -43,474 |
| Decrease in cash, cash equivalents and restricted cash | -609 | -8,274 | -3,813 |
| Cash, cash equivalents and restricted cash, beginning of period | 48,629 | 56,903 | 60,716 |
| Cash, cash equivalents and restricted cash, end of period | 48,020 | 48,629 | 56,903 |
Wheeler Real Estate Investment Trust, Inc. (WHLRL)
Wheeler Real Estate Investment Trust, Inc. (WHLRL)