Company: NREF
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001786248-25-000016
Chunk: 82

Company: NexPoint Real Estate Finance, Inc.
Filing Date: 2025-08-07
Form: 10-Q
Item: Item 8
Chunk 82
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30,20252024% ChangeNet income (loss) attributable to common stockholders$28,802 $(6,799)(523.6)%Net income attributable to redeemable noncontrolling interests7,601 382 1889.8 %AdjustmentsAmortization of stock-based compensation2,971 3,252 (8.6)%Provision for (reversal of) credit losses8,909 (422)2211.1 %Equity in (income) losses of equity method investments964 2,892 (66.7)%Unrealized (gains) or losses (1)(29,567)5,203 (668.3)%EAD$19,680 $4,508 336.6 %EAD per Diluted Common Share (2)$0.86 $0.19 352.6 %AdjustmentsAmortization of premiums4,820 29,556 (83.7)%Accretion of discounts(5,101)(7,573)32.6 %Depreciation and amortization of real estate investments1,693 3,400 -50.2 %Amortization of deferred financing costs24 24 — %CAD$21,116 $29,915 (29.4)%CAD per Diluted Common Share (2)$0.93 $1.29 (27.9)%Weighted-average common shares outstanding - basic17,615 17,343 1.6 %Weighted-average common shares outstanding - diluted37,349 26,399 41.5 %Shares attributable to potential redemption of Series B Preferred(14,530)(3,121)365.6 %Adjusted weighted-average common shares outstanding - diluted (2)22,819 23,278 (2.0)%

(1)Unrealized gains are the net change in unrealized loss on investments held at fair value applicable to common stockholders.

(2)Starting in the second quarter of 2024, EAD per diluted common share, CAD per diluted common share and adjusted weighted average common shares outstanding - diluted do not include the dilutive effect of the potential redemption of Series B Preferred Stock for common shares. Periods prior to the second quarter of 2024 have not been updated to reflect this adjustment because the dilutive effect of potential Series B Preferred redemptions were immaterial to prior periods.