AFCG - NASDAQ

Advanced Flower Capital Inc.

AFCG·NASDAQ

$3.65

+4.1%

Real EstateREIT - Specialty

Advanced Flower Capital, Inc. provides commercial real estate finance services. It primarily engages in originating, structuring, underwriting and managing senior secured loans and other types of loans for established companies operating in the cannabis industry in states. The company was founded by Leonard Mark Tannenbaum on July 6, 2020 and is headquartered in West Palm Beach, FL.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$85.76M

EPS-0.9500

P/E Ratio-3.84

Earnings Date08/13/2026

275.59M

Assets

-31%

3Y-47.0%

5Y+193.0%

10Y+193.0%

100.03M

Total Liabilities

-50%

3Y-44.0%

5Y+4223.0%

10Y+4223.0%

175.57M

Total Equity

-13%

3Y-48.0%

5Y+92.0%

10Y+92.0%

Advanced Flower Capital Inc. Funding & Solvency Profile

AFCG · NASDAQ

Current Assets

Cash & Cash Equivalents38.61M

Net Receivables899.38K

Inventory0.00

Other Current Assets0.00

Total Current Assets40 M

Non-Current Assets

Property, Plant & Equipment0.00

Goodwill & Intangible Assets0.00

Long-Term Investments207.57M

Other Non-Current Assets27.12M

Total Non-Current Assets235 M

Total Assets

275.59M

Financial Health Analysis

Current Ratio

0.52x

Warning: Liquidity concerns. Current assets may not be sufficient to cover short-term obligations.

Debt-to-Equity Ratio

0.57x

Balanced capital structure with moderate leverage. Equity exceeds debt, suggesting healthy financial stability.

Working Capital

-36817604

Negative working capital indicates short-term liabilities exceed short-term assets—potential liquidity stress.

Asset Composition

14% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Financial Health Insight

Negative working capital but strong cash position suggests an efficient operating model (common in retail/subscription businesses) rather than financial distress.

Advanced Flower Capital Inc. Balance Sheet

AFCG • NASDAQ

Advanced Flower Capital Inc. Balance Sheet	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents	38.6M	103.6M	90.4M	140.4M	109.2M	9.6M
Short-Term Investments	0.0	0.0	0.0	0.0	15.9M	0.0
Cash & Short-Term Investments	38.6M	103.6M	90.4M	140.4M	125.1M	9.6M
Net Receivables	899.4K	295.2M	338.7M	5.3M	4.4M	83.3M
Accounts Receivables	899.4K	295.2M	338.7M	5.3M	4.4M	83.3M
Prepaids	0.0	0.0	0.0	460.8K	949.3K	0.0
Other Current Assets	0.0	3.2M	37.5M	-146.1M	-130.5M	999.4K
Total Current Assets	39.5M	402.1M	466.6M	0.0	0.0	94M
NON-CURRENT ASSETS
Long-Term Investments	207.6M	0.0	0.0	0.0	15.9M	0.0
Tax Assets	1.4M	0.0	0.0	0.0	0.0	0.0
Other Non-Current Assets	27.1M	0.0	0.0	0.0	-15.9M	0.0
Total Non-Current Assets	236.1M	0.0	0.0	0.0	0.0	0.0
Other Assets	0.0	0.0	0.0	519.2M	464.8M	0.0
Total Assets	275.6M	402.1M	466.6M	519.2M	464.8M	94M
LIABILITIES
CURRENT LIABILITIES
Total Payables	763.2K	501.3K	704.7K	15.7M	14M	154.9K
Accounts Payable	763.2K	501.3K	704.7K	4.2M	5.8M	154.9K
Other Payables	0.0	0.0	0.0	11.4M	8.2M	0.0
Accrued Expenses	1.1M	4M	5.9M	5.7M	4.1M	2.1M
Short Term Debt	76.3M	100M	42M	60M	74.8M	0.0
Other Current Liabilities	-1.9M	7.5M	9.9M	-81.4M	-93M	60.5K
Total Current Liabilities	76.3M	112.1M	58.5M	0.0	0.0	2.3M
NON-CURRENT LIABILITIES
Long Term Debt	0.0	88.6M	88M	97.1M	96.6M	0.0
Other Non-Current Liabilities	23.7M	0.0	10K	-97.1M	-96.6M	0.0
Total Non-Current Liabilities	23.7M	88.6M	88M	0.0	0.0	0.0
Other Liabilities	0.0	0.0	0.0	180.1M	191.8M	0.0
Total Liabilities	100M	200.7M	146.5M	180.1M	191.8M	2.3M
SHAREHOLDERS' EQUITY
Common Stock	235.3K	223.3K	204.6K	203.6K	163.9K	61.8K
Additional Paid-In Capital	258.7M	251.9M	349.8M	348.8M	274.2M	91.1M
Retained Earnings	-83.4M	-50.7M	-30M	-10M	-1.1M	517.7K
Accumulated Other Comprehensive Income/Loss	0.0	0.0	0.0	0.0	-168.8K	0.0
Total Stockholders' Equity	175.6M	201.4M	320.1M	339.1M	273.1M	91.6M
Total Equity	175.6M	201.4M	320.1M	339.1M	273.1M	91.6M
SUMMARY
Total Liabilities & Equity	275.6M	402.1M	466.6M	519.2M	464.8M	94M
Total Investments	207.6M	0.0	0.0	0.0	31.8M	0.0
Total Debt	76.3M	188.6M	130M	157.1M	171.4M	0.0
Net Debt	37.7M	85M	39.6M	16.8M	62.2M	-9.6M
Shares Outstanding	22,594,541	22,594,541	22,594,541	22,594,541	22,594,541	22,594,541

SEC Filings

AFCG - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
8-K 8-K 2026 N/A	May 28, 2026	May 28, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 07, 2026	May 07, 2026	2026	View Filing
10-Q 10-Q 2026 Q1 Q1	May 07, 2026	March 31, 2026	2026	View Filing
DEF 14A DEF 14A 2026 N/A	April 17, 2026	May 28, 2026	2026	View Filing
8-K 8-K 2026 N/A	March 30, 2026	March 27, 2026	2026	View Filing
8-K 8-K 2026 N/A	March 04, 2026	March 04, 2026	2026	View Filing
10-K 10-K 2025 FY FY	March 04, 2026	December 31, 2025	2025	View Filing
8-K 8-K 2026 N/A	January 29, 2026	January 27, 2026	2026	View Filing
8-K 8-K 2026 N/A	January 16, 2026	January 13, 2026	2026	View Filing
8-K 8-K 2025 N/A	January 05, 2026	December 31, 2025	2025	View Filing

Showing 1 to 10 of 100 filings

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