Security
Chicago Atlantic BDC, Inc. Common Stock · LIEN
LIENNASDAQCommon stockCurrentCIK 1843162Updated Nov 10, 2026
LIEN price & chart
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NASDAQ:LIEN on TradingView ↗About the company
Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI) is a market-leading commercial mortgage REIT utilizing significant real estate, credit and cannabis expertise to originate senior secured loans primarily to state-licensed cannabis operators in limited-license states in the United States. REFI is managed by Chicago Atlantic REIT Manager, LLC, an investment manager focused on the cannabis industry and other niche or underfollowed sectors, please visit https://www.refi.reit/.
In the news
Chicago Atlantic BDC, Inc. Declares $0.34 Cash Dividend for Second Quarter 2026 ↗
Recent filings
Show 5 more recent filings
Financials
FY 2025 · USDSource
Source
cash flow · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Net Cash Provided by (Used in) Operating ActivitiesUSD | — | — | — | — | — | — | -20,829,435Source | -7,264,322Source | -20,477,731Source | -5,034,633Source | 5,749,532Source | -509,110Source |
| Cash flows from financing activities: | ||||||||||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | — | — | — | — | — | — | 21,240,999Source | -1,746,345Source | -519,923Source | -3,644,596Source | -8,263,217Source | 85,275,170Source |
| Payments of Ordinary Dividends, Common StockUSD | — | — | — | — | — | — | 7,759,001Source | 0Source | 23,274,682Source | 12,419,330Source | 8,263,217Source | 0Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | — | — | 10,462,366Source | 30,111,563Source | 925,534Source | 13,829,354Source | 3,346,316Source | 14,921,739Source | 2,934,752Source | 23,932,406Source | 32,611,635Source | 84,766,060Source |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | — | — | — | — | — | — | 142,235Source | 0Source | 37,979Source | — | — | — |
| Additional Financial Items | ||||||||||||
| Amortization of Debt Issuance CostsUSD | — | — | 177,966Source | — | 176,659Source | 170,065Source | 174,718Source | 145,381Source | 628,985Source | — | — | — |
| Depreciation, Amortization and Accretion, NetUSD | — | — | — | — | — | — | -1,393,660Source | -522,907Source | -2,700,864Source | -1,101,295Source | -810,554Source | 0Source |
| General and Administrative ExpenseUSD | — | — | 1,082,419Source | 0Source | 1,142,752Source | 1,366,783Source | 1,212,784Source | 974,477Source | 4,634,672Source | 700,000Source | 0Source | 328,002Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | — | — | 8,834,061Source | -165,012Source | 6,064,079Source | 8,584,265Source | 8,535,388Source | 7,614,357Source | 33,279,179Source | 9,622,538Source | 7,340,108Source | — |
| Net Income (Loss) Attributable to ParentUSD | — | — | 8,834,061Source | -165,012Source | 6,064,079Source | 8,584,265Source | 8,535,388Source | 7,614,357Source | 33,279,179Source | — | -923,111Source | -563,365Source |
| Payments of Financing CostsUSD | — | — | — | — | — | — | 500,000Source | 756,700Source | 1,154,310Source | — | — | — |
| Proceeds from Issuance of Common StockUSD | — | — | — | — | — | — | — | — | 0Source | 9,049,462Source | 0Source | 85,275,170Source |
| InvestmentCompanyDistributionOrdinaryIncome | — | — | — | — | —Source | —Source | — | — | — | — | — | — |
| Operating Expenses | — | — | — | — | — | — | — | —Source | — | — | — | — |
income statement · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income (Loss) Attributable to ParentUSD | — | — | 8,834,061Source | -165,012Source | 6,064,079Source | 8,584,265Source | 8,535,388Source | 7,614,357Source | 33,279,179Source | — | -923,111Source | -563,365Source |
| Earnings Per Share, BasicUSD per share | — | — | 0.39Source | -0.03Source | 0.27Source | 0.38Source | 0.37Source | 0.33Source | 1.46Source | 0.93Source | 1.18Source | -0.64Source |
| Earnings Per Share, DilutedUSD per share | — | — | 0.39Source | -0.03Source | 0.27Source | 0.38Source | 0.37Source | 0.33Source | 1.46Source | 0.93Source | 1.18Source | -0.64Source |
| Weighted Average Number of Shares Outstanding, Basicshares | — | — | 22,820,568Source | 6,214,965Source | 22,820,590Source | 22,820,405Source | 22,820,590Source | 22,820,386Source | 22,820,489Source | 10,343,621Source | 6,214,682Source | 877,409Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | — | — | 22,820,568Source | 6,214,965Source | 22,820,590Source | 22,820,405Source | 22,820,590Source | 22,820,386Source | 22,820,489Source | 10,343,621Source | 6,214,682Source | 877,409Source |
| Additional Financial Items | ||||||||||||
| Business Combination, Acquisition Related CostsUSD | — | — | 0Source | 2,429,993Source | — | 0Source | — | 0Source | 0Source | 5,341,779Source | 711,264Source | — |
| General and Administrative ExpenseUSD | — | — | 1,082,419Source | 0Source | 1,142,752Source | 1,366,783Source | 1,212,784Source | 974,477Source | 4,634,672Source | 700,000Source | 0Source | 328,002Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | — | — | 8,834,061Source | -165,012Source | 6,064,079Source | 8,584,265Source | 8,535,388Source | 7,614,357Source | 33,279,179Source | 9,622,538Source | 7,340,108Source | — |
| InterestExpenseOperatingUSD | — | — | 338,515Source | 0Source | 1,000,939Source | 301,260Source | 1,024,542Source | 145,381Source | 1,249,657Source | — | — | — |
| Interest Income (Expense), NetUSD | — | — | — | 2,534,647Source | — | — | — | — | — | — | 10,926,095Source | 10,073Source |
| Interest Income, OperatingUSD | — | — | 13,826,674Source | 2,686,771Source | — | 11,906,066Source | — | 11,279,456Source | 49,268,175Source | — | — | 10,073Source |
| Investment Income, NetUSD | — | — | — | -1,553,741Source | — | — | — | — | — | — | -8,265,537Source | — |
| Management Fee ExpenseUSD | — | — | 1,399,845Source | 253,421Source | 1,555,022Source | 1,345,331Source | 1,529,359Source | 1,260,875Source | 5,452,521Source | 1,504,239Source | 1,013,764Source | 0Source |
| Net Investment IncomeUSD | — | — | 9,491,121Source | 14,512Source | 7,653,193Source | 7,664,607Source | 9,962,288Source | 7,648,421Source | 33,071,249Source | 9,451,017Source | 6,628,844Source | -563,365Source |
| Other Cost and Expense, OperatingUSD | — | — | 157,903Source | 107,485Source | 145,109Source | 169,717Source | 146,106Source | 144,422Source | 626,891Source | 430,254Source | 85,953Source | 6,808Source |
| Operating Expenses | — | — | — | — | — | — | — | —Source | — | — | — | — |
Filing attachments
ea030179101ex99-1.htm · DEFA14A · 2026-08-13
Exhibit 99.1 Chicago Atlantic BDC, Inc. Reports Second Quarter 2026 Financial Results NEW YORK, August 13, 2026 - Chicago Atlantic BDC, Inc. (“LIEN” or the “Company”) (NASDAQ: LIEN), a specialty finance company that has elected to be regulated as a business development company, today announced its financial results for the second quarter ended June 30, 2026. Operating Highlights For the Three Months Ended …
Read attachment ↗ea030179101ex99-2.htm · DEFA14A · 2026-08-13
Exhibit 99.2 CONFIDENTIAL | Chicago Atlantic BDC, Inc. Second Quarter 2026 Earnings Presentation Chicago Atlantic BDC, Inc. (NASDAQ: LIEN) August 13, 2026 CONFIDENTIAL | Chicago Atlantic BDC, Inc. 2 The information contained in this presentation should be viewed in conjunction with the earnings conference call of Chicago Atlantic BDC, Inc. (the "Company") (Nasdaq: LIEN) held on August 13, 2026, and the Company's Quarterly Report on Form 10-Q for the quarter ended June 30, 2026. The information…
Read attachment ↗ea030179101ex99-1.htm · 425 · 2026-08-13
Exhibit 99.1 Chicago Atlantic BDC, Inc. Reports Second Quarter 2026 Financial Results NEW YORK, August 13, 2026 - Chicago Atlantic BDC, Inc. (“LIEN” or the “Company”) (NASDAQ: LIEN), a specialty finance company that has elected to be regulated as a business development company, today announced its financial results for the second quarter ended June 30, 2026. Operating Highlights For the Three Months Ended …
Read attachment ↗ea030179101ex99-2.htm · 425 · 2026-08-13
Exhibit 99.2 CONFIDENTIAL | Chicago Atlantic BDC, Inc. Second Quarter 2026 Earnings Presentation Chicago Atlantic BDC, Inc. (NASDAQ: LIEN) August 13, 2026 CONFIDENTIAL | Chicago Atlantic BDC, Inc. 2 The information contained in this presentation should be viewed in conjunction with the earnings conference call of Chicago Atlantic BDC, Inc. (the "Company") (Nasdaq: LIEN) held on August 13, 2026, and the Company's Quarterly Report on Form 10-Q for the quarter ended June 30, 2026. The information…
Read attachment ↗ea030179101ex99-1.htm · 8-K · 2026-08-13
EX-99.1 2 ea030179101ex99-1.htm PRESS RELEASE, DATED AUGUST 13, 2026 Exhibit 99.1 Chicago Atlantic BDC, Inc. Reports Second Quarter 2026 Financial Results NEW YORK, August 13, 2026 - Chicago Atlantic BDC, Inc. (“LIEN” or the “Company”) (NASDAQ: LIEN), a specialty finance company that has elected to be regulated as a business development company, today announced its financial results for the second quarter ended June 30, 2026. Operating Highlights …
Read attachment ↗ea030179101ex99-2.htm · 8-K · 2026-08-13
EX-99.2 3 ea030179101ex99-2.htm EARNINGS PRESENTATION, DATED AUGUST 13, 2026 Exhibit 99.2 CONFIDENTIAL | Chicago Atlantic BDC, Inc. Second Quarter 2026 Earnings Presentation Chicago Atlantic BDC, Inc. (NASDAQ: LIEN) August 13, 2026 CONFIDENTIAL | Chicago Atlantic BDC, Inc. 2 The information contained in this presentation should be viewed in conjunction with the earnings conference call of Chicago Atlantic BDC, Inc. (the "Company") (Nasdaq: LIEN) held on August 13, 2026, and the Company's Q…
Read attachment ↗