Company: SACH
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001682220-25-000070
Chunk: 11

Company: Sachem Capital Corp.
Filing Date: 2025-11-05
Form: 10-Q
Item: Part I, Item 1
Chunk 11
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095)Dividends Paid on common shares—— —— — — — (3,796)(3,796)Net loss—— —— — — (5,051)— (5,051)Balance, September 30, 20242,279,824$2 47,011,349$47 $256,310 $— $71,653 $(107,405)$220,607 

The accompanying notes, together with the notes to the consolidated financial statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2024, are an integral part of these financial statements.

4

SACHEM CAPITAL CORP.

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY (unaudited)

(dollars in thousands, except share data)

FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2025Preferred SharesCommon SharesAdditional Paid inCapitalAccumulatedOther ComprehensiveIncome (Loss)CumulativeNet EarningsCumulativeDividends PaidTotalsSharesAmountSharesAmountBalance, January 1, 20252,306,748$2 46,965,306$47 $256,956 $— $35,518 $(110,872)$181,651 Stock-based compensation, less shares forfeited—— 725,8151 644 — — — 645 Dividends paid on Series A Preferred Stock—— —— — — — (3,352)(3,352)Dividends paid on Common Shares—— —— — — — (7,114)(7,114)Net income—— —— — — 3,788 — 3,788 Balance, September 30, 20252,306,748$2 47,691,121$48 $257,600 $— $39,306 $(121,338)$175,618 

FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2024Preferred SharesCommon SharesAdditional Paid inCapitalAccumulatedOther ComprehensiveIncome (Loss)CumulativeNet EarningsCumulativeDividends PaidTotalsSharesAmountSharesAmountBalance, January 1, 20242,029,923$2 46,765,483$47 $249,826 $316