Company: NEWTP
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001587987-25-000141
Chunk: 28

Company: NewtekOne, Inc.
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 1
Chunk 28
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96)$68,121 $2,286 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 January 2, 2025, valued in accordance with ASC 805 and ASC 820CompanyFair Value at December 31, 2023Purchases (Cost)Return of InvestmentNet Gains/(Losses)Fair Value at June 30, 2024Dividend IncomeJoint VenturesNCL JV$19,400 $— $— $(850)$18,550 $739 TSO JV21,459 25,642 — 4,152 51,253 — Total Joint Ventures$40,859 $25,642 $— $3,302 $69,803 $739 Other Non-Control InvestmentsEMCAP Loan Holdings, LLC$368 $— $(116)$68 $320 $15 Biller Genie Software, LLC360 — — 60 420 — Total Other Non-Control Investments$728 $— $(116)$128 $740 $15 Total$41,587 $25,642 $(116)$3,430 $70,543 $754 

F-27

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 June 30, 2025 and December 31, 2024:June 30, 2025December 31, 2024Amortized CostUnrealized GainsUnrealized LossesFair ValueAmortized CostUnrealized GainsUnrealized LossesFair ValueU.S. Treasury notes$14,237 $9 $1 $14,245 $23,934 $11 $29 $23,916 Government agency debentures— ———— ———Total$14,237 $9 $1 $14,245 $23,934 $11 $29 $23,916 As of June 30, 2025 and December 31, 2024, there was none and $30.4 thousand of accrued interest receivable on available-for