Logan Ridge Finance Corporation (LRFC) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
650 MADISON AVENUE NEW YORK, NY 10022 |
| State of Incorp. | |
| Fiscal Year End | December 31 |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2021 | |||
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Current Assets | ||||||
| Cash, cash equivalents, and short-term investments | 3,893 | 6,793 | 39,056 | |||
| Cash and cash equivalents | 3,893 | 6,793 | 39,056 | |||
| Total current assets: | 3,893 | 6,793 | 39,056 | |||
| Noncurrent Assets | ||||||
| Other undisclosed assets | 193,195 | 207,917 | 203,161 | |||
| TOTAL ASSETS: | 197,088 | 214,710 | 242,217 | |||
| LIABILITIES AND EQUITY | ||||||
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts payable and accrued liabilities | 9,265 | |||||
| Accounts payable | 9,265 | |||||
| Total current liabilities: | 9,265 | |||||
| Noncurrent Liabilities | ||||||
| Other undisclosed liabilities | 107,913 | 119,705 | 125,923 | |||
| Total liabilities: | 107,913 | 119,705 | 135,188 | |||
| Equity | ||||||
| Equity, attributable to parent | 89,175 | 95,005 | 107,029 | |||
| Common stock | 27 | 27 | 27 | |||
| Additional paid in capital | 188,405 | 191,038 | 188,846 | |||
| Accumulated deficit | (99,257) | (96,060) | (81,844) | |||
| Total equity: | 89,175 | 95,005 | 107,029 | |||
| TOTAL LIABILITIES AND EQUITY: | 197,088 | 214,710 | 242,217 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | ||
|---|---|---|---|---|---|
| Revenues | 3,847 | ||||
| Net investment income | 3,847 | (1,162) | (3,593) | ||
| Gross profit: | 3,847 | ||||
| Operating expenses | (823) | (931) | (1,412) | ||
| Other undisclosed operating income | |||||
| Operating income (loss): | 3,024 | (2,093) | (5,005) | ||
| Nonoperating income (expense) (Investment Income, Nonoperating) | (6,329) | (10,862) | 2,700 | ||
| Interest and debt expense | (8,329) | (7,815) | (10,569) | ||
| Loss from continuing operations before income taxes: | (11,634) | (20,770) | (12,874) | ||
| Income tax expense | (100) | ||||
| Loss from continuing operations: | (11,634) | (20,870) | (12,874) | ||
| Other undisclosed net income | 9,152 | 8,846 | 10,956 | ||
| Net loss: | (2,482) | (12,024) | (1,918) | ||
| Other undisclosed net income attributable to parent | |||||
| Net loss available to common stockholders, basic: | (2,482) | (12,024) | (1,918) | ||
| Dilutive securities, effect on basic earnings per share | |||||
| Net loss available to common stockholders, diluted: | (2,482) | (12,024) | (1,918) | ||
Comprehensive Income ($ in thousands)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | ||
|---|---|---|---|---|---|
| Net loss: | (2,482) | (12,024) | (1,918) | ||
| Comprehensive loss, net of tax, attributable to parent: | (2,482) | (12,024) | (1,918) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.