Income Taxes (Tables)

3 Months Ended

Mar. 31, 2026

Schedule of Deferred Tax Assets and Liabilities

The table below presents the effects of temporary differences that gave rise to significant portions of deferred tax assets and liabilities as of March 31, 2026:


	March 31, 2026
Deferred Tax Assets:
Net Operating Loss Carryforwards	$	964
Investment in LLCs	165
Basis in REO Assets	206

Total Gross Deferred Tax Assets	1,335
Less: Valuation Allowance	(1,227)
Net Deferred Tax Assets	108

Deferred Tax Liabilities:
Depreciation	(67)
Prepaid Expenses	(13)
Amortization	(28)
Total Deferred Tax Liabilities	(108)

Total Deferred Tax Assets/(Liabilities)	$	—