Company: NEWTP
Filing Date: 2025-05-12
Form Type: 10-Q
Source: 0001587987-25-000084
Chunk: 209

Company: NewtekOne, Inc.
Filing Date: 2025-05-12
Form: 10-Q
Item: Part I, Item 8
Chunk 209
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 $10,468 $(14)$1,110 $69,242 $1,686 1    Four million shares of IPM Preferred Stock valued at $2.05 per share, which was the closing price of IPM’s common shares on January 2, 2025; plus the fair value of the Earn-out of $2.268 million as of March 31, 2025, valued in accordance with ASC 805 and ASC 820CompanyFair Value at December 31, 2023Purchases (Cost)Return of InvestmentNet Gains/(Losses)Fair Value at March 31, 2024Dividend IncomeJoint VenturesNCL JV$19,400 $— $— $(1,150)$18,250 $379 TSO JV21,459 7,243 — 1,295 29,997 — Total Joint Ventures$40,859 $7,243 $— $145 $48,247 $379 Other Non-Control InvestmentsEMCAP Loan Holdings, LLC$368 $— $(24)$24 $368 $7 Biller Genie Software, LLC360 — — — 360 — Total Other Non-Control Investments$728 $— $(24)$24 $728 $7 Total$41,587 $7,243 $(24)$169 $48,975 $386 

F-20

Debt Securities Available-for-Sale The following tables summarize the amortized cost and fair value of debt securities available-for-sale by major type as of March 31, 2025 and December 31, 2024:March 31, 2025December 31, 2024Amortized CostUnrealized GainsUnrealized LossesFair ValueAmortized CostUnrealized GainsUnrealized LossesFair ValueU.S. Treasury notes$14,117 $11 $1 $14,127 $23,934 $11 $29 $23,916 As of March 31, 2025 and December 31, 2024, there was none and $30.4 thousand of accrued interest receivable on available-for-sale securities, respectively, included in Other assets in the accompanying Consolidated Statements of Financial Condition.

During the three months ended March 31, 2025 and 202