v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
ASSETS    
Digital assets $ 4,500 $ 6,800
Total assets 179,594 135,396
LIABILITIES AND STOCKHOLDERS' EQUITY    
Total liabilities 140,879 109,165
Commitments and Contingencies (Note 11)
Paid-in capital 83,547 79,731
Accumulated deficit (82,302) (78,405)
Stockholders’ equity attributable to CaliberCos Inc. 1,253 1,333
Stockholders’ equity attributable to noncontrolling interests 37,462 24,898
Total stockholders’ equity 38,715 26,231
Total liabilities and stockholders’ equity 179,594 135,396
Series AA Preferred Stock    
LIABILITIES AND STOCKHOLDERS' EQUITY    
Paid-in capital 7,000 5,100
Preferred Stock    
LIABILITIES AND STOCKHOLDERS' EQUITY    
Preferred stock 0 0
Series B    
LIABILITIES AND STOCKHOLDERS' EQUITY    
Preferred stock 0 0
Series AAA    
LIABILITIES AND STOCKHOLDERS' EQUITY    
Preferred stock 0 0
Paid-in capital 1,500  
Class A    
LIABILITIES AND STOCKHOLDERS' EQUITY    
Common stock 8 7
Class B    
LIABILITIES AND STOCKHOLDERS' EQUITY    
Common stock 0 0
Excluding consolidated VIE    
ASSETS    
Cash 543 2,538
Restricted cash 2,351 2,628
Real estate investments, net 21,877 21,689
Digital assets 4,455 6,850
Notes receivable - related parties 8,726 7,348
Due from related parties 10,558 10,086
Investments in unconsolidated entities 11,567 11,624
Operating lease - right of use assets 85 98
Prepaid and other assets 2,184 2,368
LIABILITIES AND STOCKHOLDERS' EQUITY    
Accounts payable and accrued expenses 7,562 7,325
Other liabilities 649 770
Operating lease liabilities 56 64
Excluding consolidated VIE | Series AA Preferred Stock    
LIABILITIES AND STOCKHOLDERS' EQUITY    
Preferred stock 6,983 5,101
Excluding consolidated VIE | Related party    
ASSETS    
Notes receivable - related parties 8,726 7,348
LIABILITIES AND STOCKHOLDERS' EQUITY    
Other liabilities 127 186
Excluding consolidated VIE | Nonrelated party    
LIABILITIES AND STOCKHOLDERS' EQUITY    
Notes payable, net 42,441 46,347
Other liabilities 649 771
VIE, primary beneficiary    
ASSETS    
Cash 388 326
Restricted cash 1,324 524
Real estate investments, net 51,079 10,807
Intangible assets, net 46,148 46,330
Notes receivable - related parties 5,991 936
Due from related parties 1,164 220
Operating lease - right of use assets 10,756 10,757
Prepaid and other assets 398 267
LIABILITIES AND STOCKHOLDERS' EQUITY    
Accounts payable and accrued expenses 2,364 1,719
Other liabilities 142 99
Operating lease liabilities 10,756 10,757
VIE, primary beneficiary | Related party    
ASSETS    
Notes receivable - related parties 5,991 936
LIABILITIES AND STOCKHOLDERS' EQUITY    
Notes payable, net 2,406 2,330
Other liabilities 873 861
VIE, primary beneficiary | Nonrelated party    
LIABILITIES AND STOCKHOLDERS' EQUITY    
Notes payable, net 66,520 33,605
Other liabilities $ 142 $ 99