v3.26.1
CONSOLIDATED BALANCE SHEETS - USD ($)
Jun. 30, 2026
Dec. 31, 2025
Assets    
Real estate assets, net $ 51,947,372 $ 52,617,566
Cash and cash equivalents 7,513,637 7,364,963
Restricted cash 36,043 106,444
Investments in securities 2,554,830 2,251,566
Accounts receivable 126,582 117,902
Prepaid expenses and other assets 745,656 802,382
Line of credit issuance costs, net 78,388 117,582
Interest rate cap 621 120
Goodwill 694,121 694,121
Total assets 63,697,250 64,072,646
Liabilities and equity    
Note payable, net 15,490,397 15,785,874
Accounts payable and accrued expenses 1,825,605 1,750,382
Total liabilities 17,316,002 17,536,256
Commitments and contingencies
Stockholders' equity    
Preferred stock, $0.01 par value: 50,000,000 shares authorized; no shares outstanding
Common stock, $0.01 par value: 450,000,000 shares authorized; 11,421,420 shares and 11,364,278 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively 114,214 113,643
Additional paid in capital 50,099,219 49,909,603
Accumulated deficit (3,832,185) (3,486,856)
Total stockholders' equity 46,381,248 46,536,390
Total liabilities and stockholders' equity $ 63,697,250 $ 64,072,646