Company: SACH
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0001682220-25-000044
Chunk: 72

Company: Sachem Capital Corp.
Filing Date: 2025-08-05
Form: 10-Q
Item: Part I, Item 8
Chunk 72
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. The computation of diluted earnings (losses) per share is similar to basic earnings (losses) per share, except that the denominator is increased to include the potential dilution from our unvested restricted stock awards that contain non-forfeitable rights to dividends so therefore deemed to participating securities for Common Shares using the treasury stock method. The numerator in calculating both basic and diluted earnings (losses) per common share for each period is the reported net income (loss) available to common shareholders.For the three and six months ended June 30, 2025, the Company had basic and diluted weighted average Common Shares outstanding of 46,875,187 and 46,830,215, respectively, resulting in basic and diluted earnings per share of $0.02 and $0.01, respectively. For the three and six months ended June 30, 2024, the Company had basic and diluted weighted average Common Shares outstanding of 47,504,875 and 47,415,630, respectively, resulting in basic and diluted loss per share of $0.09 and $0.01, respectively.

19.   Limited Liability Company (“LLC”) Investments

The following table details the carrying value of each investment reflected on our Condensed Consolidated Balance Sheets as of June 30, 2025:June 30, 2025December 31, 2024InvestmentCarryingValueOwnership PercentageCarryingValueOwnership Percentage(in thousands)(in thousands)Shem Creek Capital Fund V LLC$1,112 7.6%$1,143 7.6 %Shem Creek Capital Fund VI LLC3,698 9.9%4,290 9.9 %Shem Creek Capital Fund VII LLC2,900 16.2%2,580 16.2 %Shem Creek Sachem V LLC2,512 49.0%2,569 49.0 %Shem Creek Sachem VI LLC19,631 45.1%24,756 45.9 %Shem Creek Sachem 100 LLC11,357 100.0%13,604 100.0 %Shem Creek Capital LLC5,000 20.0%2,500 20.0 %Total Shem LLC Investments$46,210 $51,442 Cordo CLT Investors LLC$2,500 7.2%$2,500 7.2 %Total investments