v3.23.3
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Assets    
Assets $ 324,730 $ 278,834
Liabilities and Stockholders’ Equity    
Total liabilities 249,974 201,645
Commitments and Contingencies
Preferred stock 0 0
Paid-in capital 38,723 33,108
Less treasury stock, at cost 0 (13,626)
Accumulated deficit (34,469) (22,709)
Stockholders’ equity (deficit) attributable to CaliberCos Inc. 4,275 (3,209)
Stockholders’ equity attributable to noncontrolling interests 70,481 80,398
Total stockholders’ equity 74,756 77,189
Total liabilities and stockholders’ equity 324,730 278,834
Class A    
Liabilities and Stockholders’ Equity    
Common stock 14 11
Class B    
Liabilities and Stockholders’ Equity    
Common stock 7 7
Excluding consolidated VIE    
Assets    
Cash 995 1,921
Restricted cash 2,479 23
Real estate investments, net 21,383 2,065
Accounts receivable, net 167 62
Due from related parties 6,498 9,646
Investments in unconsolidated entities 3,290 3,156
Operating lease - right of use assets 204 1,411
Prepaid and other assets 2,629 5,861
Liabilities and Stockholders’ Equity    
Accounts payable and accrued expenses 6,852 6,374
Buyback obligation 0 12,391
Other liabilities 535 64
Operating lease liabilities 125 1,587
Excluding consolidated VIE | Nonrelated party    
Liabilities and Stockholders’ Equity    
Notes payable 54,254 14,653
Other liabilities 535 64
Excluding consolidated VIE | Related party    
Assets    
Notes receivable - related parties 50 0
Liabilities and Stockholders’ Equity    
Notes payable 0 365
Other liabilities 87 171
VIE, primary beneficiary    
Assets    
Cash 4,536 5,736
Restricted cash 10,407 8,254
Real estate investments, net 219,140 196,177
Accounts receivable, net 2,434 2,228
Notes receivable - related parties 31,184 28,229
Due from related parties 27 15
Operating lease - right of use assets 8,785 8,769
Prepaid and other assets 10,739 5,343
Liabilities and Stockholders’ Equity    
Accounts payable and accrued expenses 11,949 9,252
Other liabilities 2,987 3,030
Operating lease liabilities 12,397 12,461
VIE, primary beneficiary | Nonrelated party    
Liabilities and Stockholders’ Equity    
Notes payable 147,779 134,256
Other liabilities 2,987 3,030
VIE, primary beneficiary | Related party    
Assets    
Notes receivable - related parties 31,184 28,229
Liabilities and Stockholders’ Equity    
Notes payable 12,799 6,973
Other liabilities $ 210 $ 68

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