Company: FVR
Filing Date: 2025-03-20
Form Type: 10-K
Source: 0000950170-25-042774
Chunk: 119

Company: FrontView REIT, Inc.
Filing Date: 2025-03-20
Form: 10-K
Item: Item 1B
Chunk 119
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    )

    —

    (16
    )

    Reallocation of non-controlling interests

    —

    17,276

    —

    (17,276
    )

    —

    —

    Net loss

    —

    —

    (2,997
    )

    (1,825
    )

    —

    (4,822
    )

    Balances, December 31, 2024 (Successor)
     
    $
    173

    $
    331,482

    $
    (6,834
    )
     
    $
    197,857

    $
    —

    $
    522,678

The accompanying notes are an integral part of these consolidated financial statements.

66

FRONTVIEW REIT INC.

CONSOLIDATED STATEMENTS OF CASH FLOWS

(in thousands)

    Successor

    Predecessor

    Predecessor

    Period from October 3, 2024 through December 31, 2024

    Period from January 1, 2024 through October 2, 2024

    Year Ended December 31, 2023

    CASH FLOWS FROM OPERATING ACTIVITIES

    Net loss
     
    $
    (4,822
    )
     
    $
    (26,387
    )
     
    $
    (1,524
    )

    Adjustments to reconcile net loss to net cash provided by operating activities:

    Depreciation and amortization

    7,370

    21,579

    24,730

    Amortization of above/ below market leases

    164

    1,341

    1,469

    Amortization of financing transaction and discount costs

    1,588

    3,145

    2,792

    Amortization of organization costs

    100

    —

    —

    Amortization of software costs

    8

    25

    —

    Non-cash rental revenue adjustments

    (237
    )

    (970
    )

    (1,138
    )

    Gain on sale of real estate

    —

    (337
    )

    (725
    )

    Stock-based compensation

    608

    —

    —

    Internalization expense

    —

    16,498

    —

    Impairment loss

    3,891