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Vehicle file · Non-traded vehicle

Korth Direct Mortgage Inc.

What its SEC filings show.

SEC CIK 1695963·Inc. FL·Fiscal year end 12/31·Data as filed · pulled Nov 10, 2026
What this file is.Not a review. Every figure below is the issuer's own number as tagged in its filings to the SEC, unadjusted, with a link to the filing it came from. When a new filing lands, the table updates; when a filing changes something for the people who hold this vehicle, we write it up and link it under Our reads.

Korth Direct Mortgage Inc. is a non-traded vehicle registered with the SEC under CIK 1695963 (incorporated in FL). Its most recent filing is a 10-Q (quarterly report) dated Oct 2, 2026. As of Jun 30, 2026 it reported total assets of $371.8M (down 27.8% from $514.9M a year earlier) and stockholders' equity of $34.8M. Net income (loss) for the six months to Jun 30, 2026 was $216K. It spent $12.1M repurchasing shares in the year to Dec 31, 2022.

What the figures say together

Our arithmetic on the issuer's own figures, only pairing numbers from the same period or date, and ranked against the 129 other vehicles of this type we track.

  • Liabilities were 93% of total assets at Jun 30, 2026. It ranks 38th of the 39 vehicles of this type that report the same figures (1st = least leveraged).

Key figures, as filed.

Balance sheet
FigureLatestPeriodA year earlierChangeSource
Total assets$371.8Mas of Jun 30, 2026$514.9M−27.8%10-Q · Oct 2, 2026
Cash and equivalents$7.1Mas of Jun 30, 2026$58.0M−87.8%10-Q · Oct 2, 2026
Total liabilities$344.3Mas of Jun 30, 2026$480.5M−28.3%10-Q · Oct 2, 2026
Long-term debt$313.1Mas of Jun 30, 2026$401.6M−22.0%10-Q · Oct 2, 2026
Shares outstanding5.0M sharesas of Jun 30, 20265.0M shares+0.0%10-Q · Oct 2, 2026
Shares outstanding (cover page)5.0M sharesas of Oct 2, 20265.0M shares+0.0%10-Q · Oct 2, 2026
Results and cash flow
FigureLatestPeriodA year earlierChangeSource
Revenues$6.4Msix months to Jun 30, 2026$8.9M−27.2%10-Q · Oct 2, 2026
Net income (loss)$216Ksix months to Jun 30, 2026$4.0M−94.6%10-Q · Oct 2, 2026
Cash from operations$11.7Msix months to Jun 30, 2026$31.2M−62.4%10-Q · Oct 2, 2026
Interest expense$1.7Msix months to Jun 30, 2026$1.0M+61.7%10-Q · Oct 2, 2026
Depreciation and amortization$922Ksix months to Jun 30, 2026$916K+0.6%10-Q · Oct 2, 2026
Capital raised, distributions and repurchases
FigureLatestPeriodA year earlierChangeSource

Flows (revenues, income, cash, distributions, repurchases) are shown for the period the issuer reported them in, which may be a quarter, a year-to-date span or a full year; “a year earlier” compares only periods of the same length. A vehicle that does not tag a figure in XBRL will not show it here even if the PDF discloses it.

Filing timeline.

The last 25 documents this issuer filed with the SEC. Marked rows are the ones that tend to matter to holders.

Our reads on Korth Direct Mortgage Inc..

Source: SEC EDGAR, XBRL company facts and filing index for CIK 1695963, retrieved Nov 10, 2026. Figures are reproduced as tagged by the issuer; errors in the source carry through, which is why every row links to the filing. Nothing here is investment advice.

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