The following tables present CMTG/TT’s consolidated balance sheets as of September 30, 2026 and December 31, 2025 ($ in thousands):
|
|
|
|
|
|
|
|
|
|
|
September 30, 2026 |
|
|
December 31, 2025 |
|
Assets |
|
|
|
|
|
|
Cash and cash equivalents |
|
$ |
7 |
|
|
$ |
16 |
|
Loans receivable held-for-investment |
|
|
83,167 |
|
|
|
83,167 |
|
Other assets |
|
|
- |
|
|
|
7 |
|
Total assets |
|
$ |
83,174 |
|
|
$ |
83,190 |
|
|
|
|
|
|
|
|
Liabilities and Members' Capital |
|
|
|
|
|
|
Other liabilities |
|
$ |
663 |
|
|
$ |
452 |
|
Total liabilities |
|
|
663 |
|
|
|
452 |
|
|
|
|
|
|
|
|
Members' capital |
|
|
82,511 |
|
|
|
82,738 |
|
Total capital |
|
|
82,511 |
|
|
|
82,738 |
|
Total liabilities and members' capital |
|
$ |
83,174 |
|
|
$ |
83,190 |
|
The following tables present CMTG/TT’s consolidated statements of operations for the three and nine months ended September 30, 2026 and 2025 ($ in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended |
|
|
Nine Months Ended |
|
|
|
September 30, 2026 |
|
|
September 30, 2025 |
|
|
September 30, 2026 |
|
|
September 30, 2025 |
|
Revenue |
|
|
|
|
|
|
|
|
|
|
|
|
Interest and related income |
|
$ |
- |
|
|
$ |
1 |
|
|
$ |
- |
|
|
$ |
1 |
|
Total revenue |
|
|
- |
|
|
|
1 |
|
|
|
- |
|
|
|
1 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Expenses |
|
|
|
|
|
|
|
|
|
|
|
|
Management fees - affiliate |
|
|
52 |
|
|
|
51 |
|
|
|
156 |
|
|
|
155 |
|
General and administrative expenses |
|
|
16 |
|
|
|
11 |
|
|
|
71 |
|
|
|
27 |
|
Total expenses |
|
|
68 |
|
|
|
62 |
|
|
|
227 |
|
|
|
182 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net loss |
|
$ |
(68 |
) |
|
$ |
(61 |
) |
|
$ |
(227 |
) |
|
$ |
(181 |
) |
|