Chicago Atlantic BDC, Inc. (LIEN)

Chicago Atlantic BDC Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023
Net Income	33.28	9.62	7.34
Other Adjustments	-57.44	-10.55	-3.87
Changes in Accrued Interest and Accounts Receivable	5.09	-8.31	-0.2
Changes in Accrued Expenses	-1.53	4.34	2.53
Changes in Other Operating Activities	0.13	-0.13	-0.06
Operating Cash Flow	-20.48	-5.03	5.75
Short-Term Debt Issued	51.5	-	-
Short-Term Debt Repaid	-26.5	-	-
Net Short-Term Debt Issued (Repaid)	25	-	-
Issuance of Common Stock	-	9.05	-
Net Common Stock Issued (Repurchased)	-	9.05	-
Common Dividends Paid	-23.27	-12.42	-8.26
Other Financing Activities	-2.25	-0.27	-
Financing Cash Flow	-0.52	-3.64	-8.26
Net Cash Flow	-21	-8.68	-2.51
Free Cash Flow	-20.48	-5.03	5.75
FCF Margin	-37.71%	-23.24%	48.18%
Free Cash Flow Per Share	-0.90	-0.49	0.93
Levered Free Cash Flow	61.96	5.52	9.61
Unlevered Free Cash Flow	3.68	-4.11	2.27

Updated Mar 19, 2026. Data Source: Fiscal.ai. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q