NXDT · NEXPOINT DIVERSIFIED REAL ESTATE TRUST

NexPoint Diversified Real Estate Trust is an externally advised, publicly traded, diversified real estate investment trust. It focuses on the acquisition, development, and management of opportunistic and value-add investments throughout the United States across multiple sectors where NexPoint and its affiliates have operational expertise. NXDT is externally advised by NexPoint Real Estate Advisors X, L.P. NexPoint Diversified Real Estate Trust was incorporated in June 1st, 2006, and is based in Dallas, United States.

Cap structure and valuation

Cap structure
SP	$5.78
SO	51.7M
Options	0.0M
Warrants	0.0M
FD SO	51.7M
MC	$299.0M

Cash	$9.4M
Total debt	$273.2M
EV	$562.7M

TTM Multiples
EV / Revenue	7.1x
EV / EBITDA	40.0x
MC / Net Income	—
EV / FCF	—
MC / FCF	—

Ownership & coverage
Institutional	51.4%
Insiders	28.1%
# Institutions	181
Analysts	0
Consensus	—
Avg target	—

Short % float	1.8%
Days to cover	4.62

MC = SP × FD SO. EV = MC + Debt − Cash. SP = previous yfinance close. Balance-sheet figures as of 2026-05-15. Multiples use TTM (sum of last 4 quarters); shown as "—" when the denominator is zero or negative, or when fewer than four quarters are reported — a partial sum is not a trailing twelve months. Ownership & coverage per Yahoo Finance as of 2026-07-13 — institutional % is 13F-based, so it can lag a quarter and exceed 100% on share-count timing. Short interest per FINRA bi-monthly reporting, as of 2026-06-29; the float denominator can be unreliable on tiny floats.

Financial statements

	3/31/26	12/31/25	9/30/25	6/30/25
Total Revenue	22.88	18.40	17.46	21.03
Revenue YoY %	(21.3%)	(29.0%)	(21.4%)	(5.6%)
Gross Profit	5.12	—	—	1.48
Gross Profit YoY %	(31.9%)	—	—	(60.9%)
Gross Margin %	22.4%	—	—	7.1%

SG&A	1.67	1.79	1.31	1.62

Operating Income	3.45	(3.45)	(3.33)	(0.13)
Operating Income YoY %	(37.6%)	(470.0%)	44.0%	(122.4%)
Operating Margin %	15.1%	(18.8%)	(19.1%)	(0.6%)
EBITDA	7.17	2.49	0.53	3.90
EBITDA Margin %	31.3%	13.5%	3.0%	18.5%

Interest Expense	5.69	5.79	6.90	6.64
Other Income / (Expense)	(18.12)	(25.97)	(3.08)	(37.96)
Pretax Income	(20.36)	(35.21)	(13.31)	(44.73)
Tax Provision	0.91	0.31	(0.99)	(0.64)
Net Income	(21.27)	(35.53)	(12.32)	(44.09)
Net Income to Common	(22.97)	(33.78)	(13.69)	(45.25)
Net Margin %	(93.0%)	(193.1%)	(70.5%)	(209.6%)

Diluted EPS	-$0.46	-$0.75	-$0.29	-$0.99
Basic EPS	-$0.46	-$0.75	-$0.29	-$0.99
Diluted Avg Shares	50.1	—	47.4	45.7
Basic Avg Shares	50.1	—	47.4	45.7

	LTM	12/31/25	12/31/24	12/31/23	12/31/21
Total Revenue	79.77	85.97	83.22	63.28	95.14
Revenue YoY %	(7.2%)	3.3%	31.5%	(33.5%)	—
Gross Profit	2.92	5.32	3.25	—	92.70
Gross Profit YoY %	(45.1%)	63.6%	—	—	—
Gross Margin %	3.7%	6.2%	3.9%	—	97.4%

SG&A	6.38	6.71	7.41	—	—

Operating Income	(3.46)	(1.38)	(4.15)	11.58	75.11
Operating Income YoY %	(150.4%)	66.7%	(135.8%)	(84.6%)	—
Operating Margin %	(4.3%)	(1.6%)	(5.0%)	18.3%	78.9%
EBITDA	14.08	16.36	11.45	25.52	—
EBITDA Margin %	17.7%	19.0%	13.8%	40.3%	—

Interest Expense	25.02	26.60	28.35	15.90	2.44
Other Income / (Expense)	(85.14)	(99.16)	(22.70)	(110.19)	172.78
Pretax Income	(113.62)	(127.15)	(55.20)	(114.51)	245.46
Tax Provision	(0.41)	(0.11)	1.37	2.73	—
Net Income	(113.20)	(127.04)	(56.57)	(117.24)	245.46
Net Income to Common	(115.69)	(127.04)	(56.57)	(117.24)	245.46
Net Margin %	(141.9%)	(147.8%)	(68.0%)	(185.3%)	258.0%

Diluted EPS	-$2.49	-$2.81	-$1.28	-$3.26	—
Basic EPS	-$2.49	-$2.81	-$1.28	-$3.26	—
Diluted Avg Shares	50.1	46.3	40.2	37.3	—
Basic Avg Shares	50.1	46.3	40.2	37.3	—

	3/31/26	12/31/25	9/30/25	6/30/25
Cash & Equivalents	9.43	8.17	5.31	4.73

Operating Lease ROU	0.49	2.00	2.04	2.09
Long-term Investments	33.30	33.79	34.60	35.20
Other Assets	983.43	1,030.70	1,064.71	1,068.97
Total Assets	1,026.65	1,074.65	1,106.67	1,110.99

Other Liabilities	323.63	353.87	356.54	354.77
Total Liabilities	323.63	353.87	356.54	354.77
Mezzanine Equity	—	—	0.33	0.34

Retained Earnings	(392.96)	(362.08)	(317.33)	(296.17)
Total Equity	703.01	720.78	738.97	752.71

	LTM	12/31/25	12/31/24	12/31/23	12/31/21
Cash & Equivalents	9.43	8.17	8.79	20.61	2.24

Operating Lease ROU	0.49	2.00	2.18	0.00	—
Long-term Investments	33.30	33.79	54.43	66.26	—
Other Assets	983.43	1,030.70	1,159.44	1,011.47	1,045.78
Total Assets	1,026.65	1,074.65	1,224.84	1,098.34	1,048.01

Other Liabilities	323.63	353.87	391.30	213.26	53.55
Total Liabilities	323.63	353.87	391.30	213.26	53.55
Mezzanine Equity	—	—	0.00	0.00	83.25

Retained Earnings	(392.96)	(362.08)	(202.82)	(126.58)	(2.71)
Total Equity	703.01	720.78	833.54	885.07	911.21

	3/31/26	12/31/25	9/30/25	6/30/25
Net Income	(21.27)	(35.53)	(12.32)	(44.09)
D&A	3.71	5.94	3.86	4.03
Stock-Based Comp	1.10	1.10	1.14	1.66
Δ Working Cap & Other	15.96	29.66	8.16	38.47
Operating Cash Flow	(0.50)	1.18	0.83	0.07

Other Investing	26.20	2.35	—	25.33
Investing Cash Flow	26.20	2.35	(0.24)	25.33

Stock Buyback	(2.25)	(1.08)	—	—
Dividends Paid	(1.82)	(1.57)	(1.42)	(1.54)
Other Financing	(23.89)	—	2.12	(25.91)
Financing Cash Flow	(27.96)	(2.28)	0.70	(27.46)

	LTM	12/31/25	12/31/24	12/31/23	12/31/21
Net Income	(113.20)	(127.04)	(56.57)	(117.24)	245.46
D&A	17.55	17.74	15.60	13.94	—
Stock-Based Comp	5.00	4.71	3.01	1.34	—
Δ Working Cap & Other	92.24	113.76	26.30	77.69	(207.39)
Operating Cash Flow	1.59	9.17	(11.66)	(24.27)	38.07

Other Investing	53.64	36.97	25.97	21.99	—
Investing Cash Flow	53.64	36.97	25.97	21.99	—

Stock Issuance	—	—	—	—	47.32
Stock Buyback	(4.13)	(1.89)	0.00	—	—
Dividends Paid	(6.36)	(6.01)	(4.94)	(13.41)	(20.07)
Other Financing	(46.51)	(35.73)	(13.64)	20.20	(71.64)
Financing Cash Flow	(57.00)	(43.63)	(18.58)	6.80	(44.39)

	3/31/26	12/31/25	9/30/25	6/30/25
Current Ratio	—	—	—	—
Quick Ratio	—	—	—	—
Debt / Equity	0.46	0.49	0.48	0.47
EBITDA Margin %	31.3%	13.5%	3.0%	18.5%
Working Capital	—	—	—	—
Net Debt	—	—	—	—
ROE %	(3.0%)	(4.9%)	(1.7%)	(5.9%)
ROA %	(2.1%)	(3.3%)	(1.1%)	(4.0%)

	LTM	12/31/25	12/31/24	12/31/23	12/31/21
Current Ratio	—	—	—	—	—
Quick Ratio	—	—	—	—	—
Debt / Equity	0.46	0.49	0.47	0.24	0.06
EBITDA Margin %	17.7%	19.0%	13.8%	40.3%	—
Working Capital	—	—	—	—	—
Net Debt	—	—	—	—	—
ROE %	(16.1%)	(17.6%)	(6.8%)	(13.2%)	26.9%
ROA %	(11.0%)	(11.8%)	(4.6%)	(10.7%)	23.4%

Insider activity (last 2 years)

Date Filed	Reporter	Relationship	Trans. Date	Code	Shares	Price	Total Value
2026-05-22	NORRIS DUSTIN DAVID	Officer (See Remarks)	2026-05-20	P	53,663	$4.90	$262,949
2026-04-07	McGraner Matt	Officer (See Remarks)	2026-04-04	M	45,125	—	$0
2026-04-07	McGraner Matt	Officer (See Remarks)	2026-04-04	F	(15,453)	$4.43	-$68,457
2026-04-07	McGraner Matt	Officer (See Remarks)	2026-04-04	M	(45,125)	—	$-0
2026-04-07	Sauter Dennis Charles Jr	Officer (See Remarks)	2026-04-04	M	2,488	—	$0
2026-04-07	Sauter Dennis Charles Jr	Officer (See Remarks)	2026-04-04	F	(1,562)	$4.43	-$6,920
2026-04-07	Sauter Dennis Charles Jr	Officer (See Remarks)	2026-04-04	M	(2,488)	—	$-0
2026-04-07	Richards Paul	Officer (See Remarks)	2026-04-04	M	5,597	—	$0
2026-04-07	Richards Paul	Officer (See Remarks)	2026-04-04	F	(3,514)	$4.43	-$15,567
2026-04-07	Richards Paul	Officer (See Remarks)	2026-04-04	M	(5,597)	—	$-0
2026-04-07	NORRIS DUSTIN DAVID	Officer (See Remarks)	2026-04-04	M	12,438	—	$0
2026-04-07	NORRIS DUSTIN DAVID	Officer (See Remarks)	2026-04-04	F	(4,918)	$4.43	-$21,787
2026-04-07	NORRIS DUSTIN DAVID	Officer (See Remarks)	2026-04-04	M	(12,438)	—	$-0
2026-04-07	Mitts Brian	Director	2026-04-04	M	7,463	—	$0
2026-04-07	Mitts Brian	Director	2026-04-04	D	(1,119)	—	$-0
2026-04-07	Mitts Brian	Director	2026-04-04	F	(2,724)	$4.43	-$12,067
2026-04-07	Mitts Brian	Director	2026-04-04	M	(7,463)	—	$-0
2026-04-07	DONDERO JAMES D	Director, Officer (See Remarks), 10% Owner	2026-04-04	M	46,916	—	$0
2026-04-07	DONDERO JAMES D	Director, Officer (See Remarks), 10% Owner	2026-04-04	M	(46,916)	—	$-0
2026-04-07	McGraner Matt	Officer (See Remarks)	2026-04-03	M	59,360	—	$0
2026-04-07	McGraner Matt	Officer (See Remarks)	2026-04-03	F	(16,412)	$4.43	-$72,705
2026-04-07	McGraner Matt	Officer (See Remarks)	2026-04-03	M	(59,360)	—	$-0
2026-04-07	Wood Catherine D.	Director	2026-04-03	M	7,813	—	$0
2026-04-07	Wood Catherine D.	Director	2026-04-03	A	(7,813)	—	$-0
2026-04-07	Swain Carol	Director	2026-04-03	M	7,813	—	$0
2026-04-07	Swain Carol	Director	2026-04-03	D	(3,906)	—	$-0
2026-04-07	Swain Carol	Director	2026-04-03	M	(7,813)	—	$-0
2026-04-07	Sauter Dennis Charles Jr	Officer (See Remarks)	2026-04-03	M	9,768	—	$0
2026-04-07	Sauter Dennis Charles Jr	Officer (See Remarks)	2026-04-03	F	(4,952)	$4.43	-$21,937
2026-04-07	Sauter Dennis Charles Jr	Officer (See Remarks)	2026-04-03	M	(9,768)	—	$-0
2026-04-07	Richards Paul	Officer (See Remarks)	2026-04-03	M	9,768	—	$0
2026-04-07	Richards Paul	Officer (See Remarks)	2026-04-03	F	(4,952)	$4.43	-$21,937
2026-04-07	Richards Paul	Officer (See Remarks)	2026-04-03	M	(9,768)	—	$-0
2026-04-07	NORRIS DUSTIN DAVID	Officer (See Remarks)	2026-04-03	M	11,720	—	$0
2026-04-07	NORRIS DUSTIN DAVID	Officer (See Remarks)	2026-04-03	F	(3,558)	$4.43	-$15,762
2026-04-07	NORRIS DUSTIN DAVID	Officer (See Remarks)	2026-04-03	M	(11,720)	—	$-0
2026-04-07	Mitts Brian	Director	2026-04-03	M	7,813	—	$0
2026-04-07	Mitts Brian	Director	2026-04-03	D	(3,906)	—	$-0
2026-04-07	Mitts Brian	Director	2026-04-03	M	(7,813)	—	$-0
2026-04-07	LAFFER ARTHUR B	Director	2026-04-03	M	7,813	—	$0
2026-04-07	LAFFER ARTHUR B	Director	2026-04-03	D	(3,906)	—	$-0
2026-04-07	LAFFER ARTHUR B	Director	2026-04-03	M	(7,813)	—	$-0
2026-04-07	KAVANAUGH SCOTT F	Director	2026-04-03	M	7,813	—	$0
2026-04-07	KAVANAUGH SCOTT F	Director	2026-04-03	M	(7,813)	—	$-0
2026-04-07	DONDERO JAMES D	Director, Officer (See Remarks), 10% Owner	2026-04-03	M	59,360	—	$0
2026-04-07	DONDERO JAMES D	Director, Officer (See Remarks), 10% Owner	2026-04-03	M	(59,360)	—	$-0
2026-04-07	Constantino Edward N.	Director	2026-04-03	M	7,813	—	$0
2026-04-07	Constantino Edward N.	Director	2026-04-03	D	(3,906)	—	$-0
2026-04-07	Constantino Edward N.	Director	2026-04-03	M	(7,813)	—	$-0
2026-04-07	Richards Paul	Officer (See Remarks)	2026-03-18	M	8,929	—	$0
2026-04-07	Richards Paul	Officer (See Remarks)	2026-03-18	F	(5,072)	$4.41	-$22,368
2026-04-07	McGraner Matt	Officer (See Remarks)	2026-03-18	M	73,125	—	$0
2026-04-07	McGraner Matt	Officer (See Remarks)	2026-03-18	F	(27,821)	$4.41	-$122,691
2026-04-07	McGraner Matt	Officer (See Remarks)	2026-03-18	M	(73,125)	—	$-0
2026-04-06	Wood Catherine D.	Director	2026-04-02	A	3,247	—	$0
2026-04-06	Swain Carol	Director	2026-04-02	A	3,247	—	$0
2026-04-06	Sauter Dennis Charles Jr	Officer (See Remarks)	2026-04-02	A	9,091	—	$0
2026-04-06	Richards Paul	Officer (See Remarks)	2026-04-02	A	32,958	—	$0
2026-04-06	Mitts Brian	Director	2026-04-02	A	3,247	—	$0
2026-04-06	McGraner Matt	Officer (See Remarks)	2026-04-02	A	112,594	—	$0
2026-04-06	LAFFER ARTHUR B	Director	2026-04-02	A	3,247	—	$0
2026-04-06	KAVANAUGH SCOTT F	Director	2026-04-02	A	3,247	—	$0
2026-04-06	DONDERO JAMES D	Director, Officer (See Remarks), 10% Owner	2026-04-02	A	112,594	—	$0
2026-04-06	Constantino Edward N.	Director	2026-04-02	A	3,247	—	$0
2026-03-24	Mitts Brian	Director	2026-03-18	M	5,357	—	$0
2026-03-24	Mitts Brian	Director	2026-03-18	D	(804)	—	$-0
2026-03-24	Mitts Brian	Director	2026-03-18	F	(1,200)	$4.41	-$5,292
2026-03-24	Mitts Brian	Director	2026-03-18	M	(5,357)	—	$-0
2026-03-20	DONDERO JAMES D	Director, Officer (See Remarks), 10% Owner	2026-03-18	M	73,125	—	$0
2026-03-20	DONDERO JAMES D	Director, Officer (See Remarks), 10% Owner	2026-03-18	M	(73,125)	—	$-0
2026-03-20	Sauter Dennis Charles Jr	Officer (See Remarks)	2026-03-18	M	2,679	—	$0
2026-03-20	Sauter Dennis Charles Jr	Officer (See Remarks)	2026-03-18	F	(1,522)	$4.41	-$6,712
2026-03-20	Sauter Dennis Charles Jr	Officer (See Remarks)	2026-03-18	M	(2,679)	—	$-0
2026-03-20	NORRIS DUSTIN DAVID	Officer (See Remarks)	2026-03-18	M	17,857	—	$0
2026-03-20	NORRIS DUSTIN DAVID	Officer (See Remarks)	2026-03-18	F	(6,551)	$4.41	-$28,890
2026-03-20	NORRIS DUSTIN DAVID	Officer (See Remarks)	2026-03-18	M	(17,857)	—	$-0
2026-03-20	Richards Paul	Officer (See Remarks)	2026-03-18	M	8,989	—	$0
2026-03-20	Richards Paul	Officer (See Remarks)	2026-03-18	F	(5,072)	$4.41	-$22,368
2026-03-20	Richards Paul	Officer (See Remarks)	2026-03-18	M	(8,929)	—	$-0
2026-01-21	DONDERO JAMES D	Director, Officer (See Remarks), 10% Owner	2026-01-16	A	93,380	—	$0
2026-01-21	DONDERO JAMES D	Director, Officer (See Remarks), 10% Owner	2026-01-16	A	119,482	—	$0
2025-12-22	Mitts Brian	Director	2025-12-18	S	(14,449)	$4.18	-$60,397
2025-12-08	LAFFER ARTHUR B	Director	2025-12-05	P	4,885	$2.87	$14,022
2025-12-08	LAFFER ARTHUR B	Director	2025-12-05	P	4,895	$2.86	$14,000
2025-12-08	LAFFER ARTHUR B	Director	2025-12-04	P	5,271	$2.66	$14,022
2025-12-03	LAFFER ARTHUR B	Director	2025-12-01	P	5,100	$2.74	$13,976
2025-11-20	Richards Paul	Officer (See Remarks)	2025-11-19	P	5,000	$2.78	$13,900
2025-09-16	DONDERO JAMES D	Director, Officer (See Remarks), 10% Owner	2025-04-17	J	7,166	—	$0
2025-09-16	DONDERO JAMES D	Director, Officer (See Remarks), 10% Owner	2025-04-17	J	50,157	—	$0
2025-09-16	McGraner Matt	Officer (See Remarks)	2025-04-17	J	7,166	—	$0
2025-09-16	McGraner Matt	Officer (See Remarks)	2025-04-17	J	50,157	—	$0
2025-09-16	Mitts Brian	Director	2025-04-17	J	4,133	—	$0
2025-09-16	Mitts Brian	Director	2025-04-17	J	28,936	—	$0
2025-09-16	Richards Paul	Officer (See Remarks)	2025-04-17	J	1,654	—	$0
2025-09-16	Richards Paul	Officer (See Remarks)	2025-04-17	J	11,574	—	$0
2025-09-16	Sauter Dennis Charles Jr	Officer (See Remarks)	2025-04-17	J	907	—	$0
2025-09-16	Sauter Dennis Charles Jr	Officer (See Remarks)	2025-04-17	J	6,345	—	$0
2025-09-04	DONDERO JAMES D	Director, Officer (See Remarks), 10% Owner	2025-09-02	A	130,353	—	$0
2025-09-04	DONDERO JAMES D	Director, Officer (See Remarks), 10% Owner	2025-09-02	A	135,113	—	$0
2025-09-04	DONDERO JAMES D	Director, Officer (See Remarks), 10% Owner	2025-09-02	A	115,123	—	$0
2025-08-19	Mitts Brian	Director	2025-08-15	S	(5,000)	$30.92	-$154,600
2025-08-19	Mitts Brian	Director	2025-05-07	S	(2,500)	$37.55	-$93,875
2025-07-10	LAFFER ARTHUR B	Director	2025-07-09	P	5,250	$4.80	$25,200
2025-07-10	LAFFER ARTHUR B	Director	2025-07-08	P	5,250	$4.88	$25,620
2025-07-07	LAFFER ARTHUR B	Director	2025-07-07	P	5,250	$4.63	$24,308
2025-07-07	LAFFER ARTHUR B	Director	2025-07-02	P	5,000	$4.67	$23,350
2025-06-27	LAFFER ARTHUR B	Director	2025-06-26	P	5,750	$4.20	$24,150
2025-06-27	LAFFER ARTHUR B	Director	2025-06-25	P	5,500	$4.14	$22,770
2025-06-12	Wood Catherine D.	Director	2025-06-10	A	4,830	—	$0
2025-06-12	Swain Carol	Director	2025-06-10	A	4,830	—	$0
2025-06-12	Sauter Dennis Charles Jr	Officer (See Remarks)	2025-06-10	A	24,150	—	$0
2025-06-12	Richards Paul	Officer (See Remarks)	2025-06-10	A	24,150	—	$0
2025-06-12	Mitts Brian	Director	2025-06-10	A	4,830	—	$0
2025-06-12	LAFFER ARTHUR B	Director	2025-06-10	A	4,830	—	$0
2025-06-12	KAVANAUGH SCOTT F	Director	2025-06-10	A	4,830	—	$0
2025-06-12	Constantino Edward N.	Director	2025-06-10	A	4,830	—	$0
2025-06-12	NORRIS DUSTIN DAVID	Officer (See Remarks)	2025-06-10	A	28,980	—	$0
2025-06-12	McGraner Matt	Officer (See Remarks)	2025-06-10	A	146,768	—	$0
2025-06-12	DONDERO JAMES D	Director, Officer (See Remarks), 10% Owner	2025-06-10	A	146,768	—	$0
2025-06-06	LAFFER ARTHUR B	Director	2025-06-06	P	6,000	$3.92	$23,520
2025-06-06	LAFFER ARTHUR B	Director	2025-06-04	P	4,400	$3.83	$16,852
2025-05-28	NORRIS DUSTIN DAVID	Officer (See Remarks)	2025-05-27	P	75,600	$3.64	$275,184
2025-05-28	NORRIS DUSTIN DAVID	Officer (See Remarks)	2025-05-23	P	20,000	$3.40	$68,000
2025-05-27	Richards Paul	Officer (See Remarks)	2025-05-23	P	4,214	$3.34	$14,075
2025-05-22	NORRIS DUSTIN DAVID	Officer (See Remarks)	2025-05-21	P	77,625	$3.44	$267,030
2025-05-22	NORRIS DUSTIN DAVID	Officer (See Remarks)	2025-05-20	P	46,000	$3.53	$162,380
2025-05-19	DONDERO JAMES D	Director, Officer (See Remarks), 10% Owner	2025-05-15	A	84,735	—	$0
2025-05-19	DONDERO JAMES D	Director, Officer (See Remarks), 10% Owner	2025-05-15	A	94,657	—	$0
2025-05-19	DONDERO JAMES D	Director, Officer (See Remarks), 10% Owner	2025-05-15	A	119,491	—	$0
2025-04-21	Richards Paul	Officer (See Remarks)	2025-04-17	J	3,307	—	$0
2025-04-21	Richards Paul	Officer (See Remarks)	2025-04-17	J	9,921	—	$0
2025-04-21	Sauter Dennis Charles Jr	Officer (See Remarks)	2025-04-17	J	6,367	—	$0
2025-04-21	Sauter Dennis Charles Jr	Officer (See Remarks)	2025-04-17	J	1,813	—	$0
2025-04-21	Sauter Dennis Charles Jr	Officer (See Remarks)	2025-04-17	J	5,439	—	$0
2025-04-21	Mitts Brian	Director	2025-04-17	J	8,267	—	$0
2025-04-21	Mitts Brian	Director	2025-04-17	J	24,803	—	$0
2025-04-21	McGraner Matt	Officer (See Remarks)	2025-04-17	J	82,566	—	$0
2025-04-21	McGraner Matt	Officer (See Remarks)	2025-04-17	J	2,127	—	$0
2025-04-21	McGraner Matt	Officer (See Remarks)	2025-04-17	J	14,330	—	$0
2025-04-21	McGraner Matt	Officer (See Remarks)	2025-04-17	J	42,992	—	$0
2025-04-21	DONDERO JAMES D	Director, Officer (See Remarks), 10% Owner	2025-04-17	J	354,133	—	$0
2025-04-21	DONDERO JAMES D	Director, Officer (See Remarks), 10% Owner	2025-04-17	J	76,079	—	$0
2025-04-21	DONDERO JAMES D	Director, Officer (See Remarks), 10% Owner	2025-04-17	J	14,958	—	$0
2025-04-21	DONDERO JAMES D	Director, Officer (See Remarks), 10% Owner	2025-04-17	J	14,330	—	$0
2025-04-21	DONDERO JAMES D	Director, Officer (See Remarks), 10% Owner	2025-04-17	J	42,992	—	$0
2025-04-14	DONDERO JAMES D	Director, Officer (See Remarks), 10% Owner	2025-04-08	P	100,000	$4.08	$408,000
2025-04-07	LAFFER ARTHUR B	Director	2025-04-07	P	26,900	$3.24	$87,156
2025-04-07	NORRIS DUSTIN DAVID	Officer (See Remarks)	2025-04-07	P	300,000	$3.53	$1,059,000
2025-04-07	Mitts Brian	Director	2025-04-04	M	7,462	—	$0
2025-04-07	Mitts Brian	Director	2025-04-04	F	(4,290)	$3.45	-$14,800
2025-04-07	Mitts Brian	Director	2025-04-04	M	(7,462)	—	$-0
2025-04-07	Sauter Dennis Charles Jr	Officer (See Remarks)	2025-04-04	M	2,486	—	$0
2025-04-07	Sauter Dennis Charles Jr	Officer (See Remarks)	2025-04-04	F	(993)	$3.45	-$3,426
2025-04-07	Sauter Dennis Charles Jr	Officer (See Remarks)	2025-04-04	M	(2,486)	—	$-0
2025-04-07	Richards Paul	Officer (See Remarks)	2025-04-04	P	8,500	$3.46	$29,410
2025-04-07	Richards Paul	Officer (See Remarks)	2025-04-04	M	5,597	—	$0
2025-04-07	Richards Paul	Officer (See Remarks)	2025-04-04	F	(3,368)	$3.45	-$11,620
2025-04-07	Richards Paul	Officer (See Remarks)	2025-04-04	M	(5,597)	—	$-0
2025-04-07	NORRIS DUSTIN DAVID	Officer (See Remarks)	2025-04-04	M	12,437	—	$0
2025-04-07	NORRIS DUSTIN DAVID	Officer (See Remarks)	2025-04-04	M	(12,437)	—	$-0
2025-04-07	McGraner Matt	Officer (See Remarks)	2025-04-04	M	45,123	—	$0
2025-04-07	McGraner Matt	Officer (See Remarks)	2025-04-04	F	(14,809)	$3.45	-$51,091
2025-04-07	McGraner Matt	Officer (See Remarks)	2025-04-04	M	(45,123)	—	$-0
2025-04-07	DONDERO JAMES D	Director, Officer (See Remarks), 10% Owner	2025-04-04	A	46,914	—	$0
2025-04-07	DONDERO JAMES D	Director, Officer (See Remarks), 10% Owner	2025-04-04	M	(46,914)	—	$-0
2025-04-07	KAVANAUGH SCOTT F	Director	2025-04-03	A	7,813	—	$0
2025-04-07	Swain Carol	Director	2025-04-03	A	7,813	—	$0
2025-04-07	Wood Catherine D.	Director	2025-04-03	A	7,813	—	$0
2025-04-07	Constantino Edward N.	Director	2025-04-03	A	7,813	—	$0
2025-04-07	LAFFER ARTHUR B	Director	2025-04-03	A	7,813	—	$0
2025-04-07	Mitts Brian	Director	2025-04-03	A	7,813	—	$0
2025-04-07	Sauter Dennis Charles Jr	Officer (See Remarks)	2025-04-03	A	39,069	—	$0
2025-04-07	Richards Paul	Officer (See Remarks)	2025-04-03	P	58,500	$3.77	$220,545
2025-04-07	Richards Paul	Officer (See Remarks)	2025-04-03	A	39,069	—	$0
2025-04-07	NORRIS DUSTIN DAVID	Officer (See Remarks)	2025-04-03	P	54,000	$3.85	$207,900
2025-04-07	NORRIS DUSTIN DAVID	Officer (See Remarks)	2025-04-03	A	46,883	—	$0
2025-04-07	McGraner Matt	Officer (See Remarks)	2025-04-03	A	237,446	—	$0
2025-04-07	DONDERO JAMES D	Director, Officer (See Remarks), 10% Owner	2025-04-03	A	237,446	—	$0
2025-03-26	McGraner Matt	Officer (See Remarks)	2025-03-18	M	73,125	—	$0
2025-03-26	McGraner Matt	Officer (See Remarks)	2025-03-18	F	(22,883)	$3.90	-$89,244
2025-03-26	McGraner Matt	Officer (See Remarks)	2025-03-18	M	(73,125)	—	$-0
2025-03-24	Mitts Brian	Director	2025-03-18	M	5,358	—	$0
2025-03-24	Mitts Brian	Director	2025-03-18	F	(2,637)	$3.90	-$10,284
2025-03-24	Mitts Brian	Director	2025-03-18	A	(5,358)	—	$-0
2025-03-20	DONDERO JAMES D	Director, Officer (See Remarks), 10% Owner	2025-03-18	A	73,125	—	$0
2025-03-20	DONDERO JAMES D	Director, Officer (See Remarks), 10% Owner	2025-03-18	M	(73,125)	—	$-0
2025-03-20	LAFFER ARTHUR B	Director	2025-03-18	M	11,698	—	$0
2025-03-20	LAFFER ARTHUR B	Director	2025-03-18	M	(11,698)	—	$-0
2025-03-20	Constantino Edward N.	Director	2025-03-18	M	11,698	—	$0
2025-03-20	Constantino Edward N.	Director	2025-03-18	D	(5,849)	—	$-0
2025-03-20	Constantino Edward N.	Director	2025-03-18	M	(11,698)	—	$-0
2025-03-20	Wood Catherine D.	Director	2025-03-18	M	11,698	—	$0
2025-03-20	Wood Catherine D.	Director	2025-03-18	A	(11,698)	—	$-0
2025-03-20	Swain Carol	Director	2025-03-18	M	11,698	—	$0
2025-03-20	Swain Carol	Director	2025-03-18	M	(11,698)	—	$-0
2025-03-20	NORRIS DUSTIN DAVID	Officer (See Remarks)	2025-03-18	M	17,858	—	$0
2025-03-20	NORRIS DUSTIN DAVID	Officer (See Remarks)	2025-03-18	M	(17,858)	—	$-0
2025-03-20	Richards Paul	Officer (See Remarks)	2025-03-18	M	8,927	—	$0
2025-03-20	Richards Paul	Officer (See Remarks)	2025-03-18	F	(4,599)	$3.90	-$17,936
2025-03-20	Richards Paul	Officer (See Remarks)	2025-03-18	M	(8,927)	—	$-0
2025-03-20	Sauter Dennis Charles Jr	Officer (See Remarks)	2025-03-18	M	2,677	—	$0
2025-03-20	Sauter Dennis Charles Jr	Officer (See Remarks)	2025-03-18	F	(916)	$3.90	-$3,572
2025-03-20	Sauter Dennis Charles Jr	Officer (See Remarks)	2025-03-18	M	(2,677)	—	$-0
2025-03-20	KAVANAUGH SCOTT F	Director	2025-03-18	M	11,698	—	$0
2025-03-20	KAVANAUGH SCOTT F	Director	2025-03-18	M	(11,698)	—	$-0
2025-02-03	DONDERO JAMES D	Director, Officer (See Remarks), 10% Owner	2025-01-31	A	90,327	—	$0
2025-02-03	DONDERO JAMES D	Director, Officer (See Remarks), 10% Owner	2025-01-31	A	95,314	—	$0
2025-02-03	DONDERO JAMES D	Director, Officer (See Remarks), 10% Owner	2025-01-31	A	71,910	—	$0
2024-10-09	DONDERO JAMES D	Director, Officer (See Remarks), 10% Owner	2024-10-07	A	78,922	—	$0
2024-10-09	DONDERO JAMES D	Director, Officer (See Remarks), 10% Owner	2024-10-07	A	90,502	—	$0
2024-10-09	DONDERO JAMES D	Director, Officer (See Remarks), 10% Owner	2024-10-07	A	80,929	—	$0
2024-10-09	DONDERO JAMES D	Director, Officer (See Remarks), 10% Owner	2022-08-30	P	1,000	$15.73	$15,730
2024-10-09	DONDERO JAMES D	Director, Officer (See Remarks), 10% Owner	2022-01-26	P	1,150	$13.70	$15,755
2024-10-09	DONDERO JAMES D	Director, Officer (See Remarks), 10% Owner	2022-01-19	P	2,240	$13.81	$30,934
2024-10-09	DONDERO JAMES D	Director, Officer (See Remarks), 10% Owner	2022-01-19	P	2,230	$13.81	$30,796
2024-10-09	DONDERO JAMES D	Director, Officer (See Remarks), 10% Owner	2022-01-19	P	2,240	$13.82	$30,957
2024-10-09	DONDERO JAMES D	Director, Officer (See Remarks), 10% Owner	2022-01-19	P	2,240	$13.82	$30,957
2024-08-15	DONDERO JAMES D	Director, Officer (See Remarks), 10% Owner	2024-08-13	A	70,660	—	$0
2024-08-15	DONDERO JAMES D	Director, Officer (See Remarks), 10% Owner	2024-08-13	A	82,576	—	$0
2024-08-15	DONDERO JAMES D	Director, Officer (See Remarks), 10% Owner	2024-08-13	A	85,996	—	$0
2024-07-10	McGraner Matt	Officer (See Remarks)	2024-07-08	P	10,000	$5.41	$54,100
2024-07-10	McGraner Matt	Officer (See Remarks)	2024-07-08	P	5,000	$5.30	$26,500
2024-07-08	LAFFER ARTHUR B	Director	2024-07-03	P	2,595	$5.49	$14,247
2024-07-01	DONDERO JAMES D	Director, Officer (See Remarks), 10% Owner	2024-06-28	P	9,832	$5.44	$53,486
2024-07-01	DONDERO JAMES D	Director, Officer (See Remarks), 10% Owner	2024-06-27	P	15,544	$5.19	$80,673
2024-06-27	DONDERO JAMES D	Director, Officer (See Remarks), 10% Owner	2024-06-26	P	24,828	$5.10	$126,623
2024-06-26	DONDERO JAMES D	Director, Officer (See Remarks), 10% Owner	2024-06-25	P	45,552	$5.09	$231,860
2024-06-26	DONDERO JAMES D	Director, Officer (See Remarks), 10% Owner	2024-06-24	P	16,489	$4.93	$81,291
2024-06-25	DONDERO JAMES D	Director, Officer (See Remarks), 10% Owner	2024-06-21	P	40,471	$4.89	$197,903
2024-06-24	McGraner Matt	Officer (See Remarks)	2024-06-21	P	5,000	$4.74	$23,700
2024-06-24	NORRIS DUSTIN DAVID	Officer (See Remarks)	2024-06-20	P	63,430	$4.73	$300,024
2024-06-20	McGraner Matt	Officer (See Remarks)	2024-06-18	P	5,000	$4.83	$24,150
2024-06-17	DONDERO JAMES D	Director, Officer (See Remarks), 10% Owner	2024-06-13	P	2,387	$4.92	$11,744
2024-06-17	DONDERO JAMES D	Director, Officer (See Remarks), 10% Owner	2024-06-13	P	2,387	$4.92	$11,744
2024-06-17	DONDERO JAMES D	Director, Officer (See Remarks), 10% Owner	2024-06-13	P	2,387	$4.92	$11,744
2024-06-17	DONDERO JAMES D	Director, Officer (See Remarks), 10% Owner	2024-06-13	P	2,387	$4.92	$11,744
2024-06-17	DONDERO JAMES D	Director, Officer (See Remarks), 10% Owner	2024-06-13	P	2,387	$4.92	$11,744
2024-06-17	DONDERO JAMES D	Director, Officer (See Remarks), 10% Owner	2024-06-13	P	2,387	$4.92	$11,744
2024-06-17	DONDERO JAMES D	Director, Officer (See Remarks), 10% Owner	2024-06-13	P	325	$15.25	$4,956
2024-06-17	DONDERO JAMES D	Director, Officer (See Remarks), 10% Owner	2024-06-13	P	325	$15.25	$4,956
2024-06-17	DONDERO JAMES D	Director, Officer (See Remarks), 10% Owner	2024-06-13	P	325	$15.25	$4,956
2024-06-17	DONDERO JAMES D	Director, Officer (See Remarks), 10% Owner	2024-06-13	P	325	$15.25	$4,956
2024-06-17	DONDERO JAMES D	Director, Officer (See Remarks), 10% Owner	2024-06-13	P	325	$15.25	$4,956
2024-06-17	DONDERO JAMES D	Director, Officer (See Remarks), 10% Owner	2024-06-13	P	325	$15.25	$4,956
2024-06-17	McGraner Matt	Officer (See Remarks)	2024-06-13	P	5,000	$4.93	$24,650
2024-06-17	DONDERO JAMES D	Director, Officer (See Remarks), 10% Owner	2022-01-13	P	3,900	$14.36	$56,004
2024-06-17	DONDERO JAMES D	Director, Officer (See Remarks), 10% Owner	2022-01-12	P	3,117	$14.36	$44,760
2024-06-17	DONDERO JAMES D	Director, Officer (See Remarks), 10% Owner	2021-11-02	P	5,693	$14.36	$81,751
2024-06-17	DONDERO JAMES D	Director, Officer (See Remarks), 10% Owner	2021-11-01	P	3,803	$14.36	$54,611