Company: NEWTP
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001628280-25-050582
Chunk: 31

Company: NewtekOne, Inc.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 1
Chunk 31
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    Fair value of the Earn-out of $2.268 million as of January 2, 2025, valued in accordance with ASC 805 and ASC 820.2    Four million shares of IPM Preferred Stock initially valued at $2.05 per share, which was the closing price of IPM’s common shares on January 2, 2025, with net gains/(losses) calculated based on a closing price of $1.99 on September 30, 2025. 3    Includes $26.2 million of loans and accrued interest acquired as part of NALH’s August 2025 acquisition of the remaining 50% of NCL JV not previously owned by NALH. CompanyFair Value at December 31, 2023Purchases (Cost)Return of InvestmentNet Gains/(Losses)Fair Value at September 30, 2024Dividend IncomeJoint VenturesNCL JV$19,400 $— $— $(500)$18,900 $1,112 TSO JV21,459 25,642 (20,185)9,934 36,850 — Total Joint Ventures$40,859 $25,642 $(20,185)$9,434 $55,750 $1,112 Other Non-Control InvestmentsEMCAP Loan Holdings, LLC$368 $— $(116)$68 $320 $16 Biller Genie Software, LLC360 — — 60 420 — Total Other Non-Control Investments$728 $— $(116)$128 $740 $16 Total$41,587 $25,642 $(20,301)$9,562 $56,490 $1,128 

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 September 30, 2025 and December 31, 2024:September 30, 2025December 31, 2024Amortized CostUnrealized GainsUnrealized LossesFair ValueAmortized CostUnrealized GainsUnrealized LossesFair ValueU.S. Treasury notes$18,004 $8 $3 $18,009 $23,934 $11 $29 $23,916 

F-29

As of September