| Schedule of Joint Venture Revenues and Net Income (Loss) |
The table below details the Company’s joint venture revenues, earnings, assets, and liabilities for the six months ended and as of June 30, 2026 (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
KNFH II LLC |
|
|
DLZ Solutions LLC |
|
|
HGC Origination I LLC |
|
|
HGC MPG Funding LLC |
|
|
Total |
|
Revenue |
|
$ |
73 |
|
|
$ |
2,795 |
|
|
$ |
2,264 |
|
|
$ |
2,452 |
|
|
$ |
7,584 |
|
Gross profit |
|
|
73 |
|
|
|
2,795 |
|
|
|
2,264 |
|
|
|
2,452 |
|
|
|
7,584 |
|
Operating income |
|
|
7 |
|
|
|
2,599 |
|
|
|
2,166 |
|
|
|
2,165 |
|
|
|
6,938 |
|
Net income |
|
|
7 |
|
|
|
2,599 |
|
|
|
2,168 |
|
|
|
2,165 |
|
|
|
6,939 |
|
Assets |
|
|
6,939 |
|
|
|
255 |
|
|
|
23,505 |
|
|
|
26,825 |
|
|
|
57,524 |
|
Liabilities |
|
|
1,997 |
|
|
|
199 |
|
|
|
— |
|
|
|
28 |
|
|
|
2,224 |
|
The table below details the Company’s joint venture revenues, earnings, assets, and liabilities for the six months ended and as of June 30, 2025 (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
DHC8 LLC |
|
|
KNFH II LLC |
|
|
DLZ Solutions LLC |
|
|
HGC Funding I LLC and Origination I LLC |
|
|
HGC MPG Funding LLC |
|
|
Total |
|
Revenues |
|
$ |
140 |
|
|
$ |
(33 |
) |
|
$ |
308 |
|
|
$ |
2,352 |
|
|
$ |
2,770 |
|
|
$ |
5,538 |
|
Gross profit |
|
|
140 |
|
|
|
(33 |
) |
|
|
308 |
|
|
|
2,352 |
|
|
|
2,770 |
|
|
|
5,538 |
|
Operating income (loss) |
|
|
54 |
|
|
|
(140 |
) |
|
|
189 |
|
|
|
2,344 |
|
|
|
2,770 |
|
|
|
5,217 |
|
Net income (loss) |
|
|
54 |
|
|
|
(140 |
) |
|
|
189 |
|
|
|
2,348 |
|
|
|
2,770 |
|
|
|
5,221 |
|
Assets |
|
|
67 |
|
|
|
7,536 |
|
|
|
8,119 |
|
|
|
23,391 |
|
|
|
30,488 |
|
|
|
69,602 |
|
Liabilities |
|
|
67 |
|
|
|
2,267 |
|
|
|
143 |
|
|
|
385 |
|
|
|
— |
|
|
|
2,861 |
|
|