Company: NEWTP
Filing Date: 2025-05-12
Form Type: 10-Q
Source: 0001587987-25-000084
Chunk: 248

Company: NewtekOne, Inc.
Filing Date: 2025-05-12
Form: 10-Q
Item: Part I, Item 8
Chunk 248
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 and maintenance expense4,011 (2,852)1,135 (798)4 — 3,747 (3,061)— — 83 (25)2,244 Depreciation and amortization48 — 353 — 24 — 97 — 10 — 532 Other general and administrative costs3,507 (556)29 978 (61)(155)(3)706 (437)1,559 (509)5,058 Income before taxes13,436 (3,014)9,062 795 107 (1,322)(920)2,960 3,396 (306)(4,496)(6,599)13,099 Income tax expense (benefit)4,035 (4,035)— — — — — — — — (586)4,035 3,449 Net income$9,401 $1,021 $9,062 $795 $107 $(1,322)$(920)$2,960 $3,396 $(306)$(3,910)$(10,634)$9,650 Other Segment Disclosures:Assets$736,100 $(29,136)$252,325 $(51,820)$22,523 $(884)$600,877 $(97,683)$56,892 $(27,154)$534,095 $(486,558)$1,509,577 Goodwill & intangible assets$1,068 $— $15,062 $— $13,814 $— $29,944 Amortization of intangible assets$208 $— $— $— $— $— $208 

F-50

NOTE 18—SUBSEQUENT EVENTS:

SecuritizationOn April 23, 2025, NewtekOne. Inc. (the “Company” ) closed a securitization pursuant to which the Company’s subsidiary, Newtek ALP Holdings sold $155,930,000 of Class A Notes, $23,820,000 of Class B Notes, and $4,330,000 of a Class C Note (collectively, the “Notes”) issued by NALP Business Loan Trust 2025-1. The Notes are backed by $216,564