| 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 nine months ended and as of September 30, 2026 (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
KNFH II LLC |
|
DLZ Solutions LLC |
|
AGC JV Holdings LLC |
|
HGC Origination I LLC |
|
HGC MPG Funding LLC |
|
Total |
|
Revenue |
$ |
115 |
|
$ |
2,795 |
|
$ |
— |
|
$ |
3,432 |
|
$ |
3,591 |
|
$ |
9,933 |
|
Gross profit |
|
115 |
|
|
2,795 |
|
|
— |
|
|
3,432 |
|
|
3,591 |
|
|
9,933 |
|
Operating income |
|
19 |
|
|
2,599 |
|
|
— |
|
|
3,294 |
|
|
3,305 |
|
|
9,217 |
|
Net income |
|
19 |
|
|
2,599 |
|
|
— |
|
|
3,297 |
|
|
3,305 |
|
|
9,220 |
|
Assets |
|
6,668 |
|
|
255 |
|
|
24,691 |
|
|
23,896 |
|
|
26,781 |
|
|
82,291 |
|
Liabilities |
|
1,986 |
|
|
199 |
|
|
14,691 |
|
|
— |
|
|
27 |
|
|
16,903 |
|
The table below details the Company’s joint venture revenues, earnings, assets, and liabilities for the nine months ended and as of September 30, 2025 (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
DHC8 LLC |
|
KNFH II LLC |
|
DLZ Solutions LLC |
|
HGC Origination I LLC and HGC Funding I LLC |
|
HGC MPG Funding LLC |
|
Total |
|
Revenues |
$ |
140 |
|
$ |
(8 |
) |
$ |
488 |
|
$ |
3,511 |
|
$ |
4,134 |
|
$ |
8,264 |
|
Gross profit |
|
140 |
|
|
(8 |
) |
|
488 |
|
|
3,511 |
|
|
4,134 |
|
|
8,264 |
|
Operating income (loss) |
|
54 |
|
|
(158 |
) |
|
368 |
|
|
3,489 |
|
|
4,116 |
|
|
7,870 |
|
Net income (loss) |
|
54 |
|
|
(158 |
) |
|
368 |
|
|
3,494 |
|
|
4,116 |
|
|
7,875 |
|
Assets |
|
67 |
|
|
7,270 |
|
|
8,298 |
|
|
23,135 |
|
|
29,830 |
|
|
68,601 |
|
Liabilities |
|
67 |
|
|
2,038 |
|
|
143 |
|
|
5 |
|
|
— |
|
|
2,252 |
|
|