Lightstone Value Plus REIT III, Inc. (LVVR)

LVVR Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Property, Plant & Equipment	89.24	91.93	94.72	97.77	102.35
Cash & Equivalents	4.77	6.18	3.85	18.39	16.64
Accounts Receivable	1.15	1.22	1.97	1.59	1.55
Investment In Debt and Equity Securities	6.08	5.86	7.2	3.31	1.81
Restricted Cash	-	-	0.01	-	-
Other Long-Term Assets	15.92	16.77	20.24	21.76	23.55
Total Assets	117.16	121.95	127.98	142.82	145.9
Current Portion of Long-Term Debt	25.97	-	-	-	-
Long-Term Debt	30.5	56.67	57.16	60.81	62.56
Accounts Payable	2.36	2.48	2.51	2.96	2.94
Accrued Expenses	-	-	0.36	0.3	0.3
Other Current Liabilities	3.47	2	0.97	-	-
Total Liabilities	62.3	61.15	61.01	64.08	65.8
Common Stock	0.13	0.13	0.13	0.13	0.13
Additional Paid-In Capital	108.15	109.48	110.46	111.59	112.58
Retained Earnings	-65.41	-60.78	-55.54	-44.82	-44.6
Comprehensive Income & Other	-0.11	-0.12	-0.17	-0.25	-0.11
Total Common Equity	42.77	48.71	54.88	66.65	68
Minority Interest	12.09	12.09	12.09	12.09	12.09
Shareholders' Equity	54.86	60.8	66.97	78.74	80.09
Total Liabilities & Equity	117.16	121.95	127.98	142.82	145.9
Total Debt	56.48	56.67	57.16	60.81	62.56
Net Cash (Debt)	-51.7	-50.5	-53.31	-42.42	-45.92
Net Cash Per Share	-4.05	-3.92	-4.11	-3.24	-3.47
Filing Date Shares Outstanding	12.7	12.5	12.9	12.8	13.1
Total Common Shares Outstanding	12.71	12.83	12.93	13.04	13.15
Book Value Per Share	3.37	3.80	4.24	5.11	5.17
Tangible Book Value	42.77	48.71	54.88	66.65	68
Tangible Book Value Per Share	3.37	3.80	4.24	5.11	5.17
Land	21.76	21.75	21.72	21.71	21.66
Buildings	93.01	92.8	92.49	91.99	91.92
Construction In Progress	0.05	0.02	0.03	0.05	0.12

Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.