Company: SACH
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0001682220-25-000044
Chunk: 13

Company: Sachem Capital Corp.
Filing Date: 2025-08-05
Form: 10-Q
Item: Part I, Item 1
Chunk 13
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 deferred loan fees681 200 Changes in operating assets and liabilities:Interest and fees receivable, net(462)411 Other assets(1,010)80 Due from borrowers, net(2,277)(624)Accounts payable and accrued liabilities (996)478 Advances from borrowers99 (2,105)Total adjustments and operating changes(2,099)9,564 NET CASH PROVIDED BY OPERATING ACTIVITIES692 11,179 CASH FLOWS FROM INVESTING ACTIVITIESPurchase of investment securities— (7,767)Proceeds from the sale of investment securities1,174 43,964 Purchase of interests in limited liability companies(5,731)(5,110)Proceeds from investments in limited liability companies10,963 1,194 Proceeds from sale of real estate owned1,559 1,403 Purchase of property and equipment(43)(26)Investments in developmental real estate(1,022)(1,424)Principal disbursements for loans(80,952)(84,328)Principal collections on loans71,394 79,628 NET CASH (USED IN) PROVIDED BY INVESTING ACTIVITIES(2,658)27,534 CASH FLOWS FROM FINANCING ACTIVITIESProceeds from lines of credit36,100 — Repayments on lines of credit(49,862)(6,792)Proceeds from repurchase agreements11,693 — Repayments of repurchase agreements(30,959)(3,468)Repayment of mortgage payable(42)(39)Repayment of notes payable— (23,647)Dividends paid on Common Shares(4,728)(10,363)Dividends paid on Series A Preferred Stock(2,235)(2,091)Proceeds from issuance of Senior Secured Notes50,000 — Payments of deferred financing costs(3,593)— Proceeds from issuance of Common Shares, net of expenses— 2,050 Proceeds from issuance of Series A Preferred Stock, net of expenses— 3,616 NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES6,374 (40,734)NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS4,408 (2,021)CASH AND CASH EQUIVALENTS – BEGINNING OF PERIOD