Core Viewpoint - Lument Finance Trust, Inc. reported its third quarter results, showing a GAAP net income of $0.7 million, or $0.01 per share, and distributable earnings of $1.0 million, or $0.02 per share of common stock [1]. Financial Performance - GAAP net income attributable to common shareholders for Q3 2025 was $0.7 million [1]. - Distributable earnings for the same period were reported at $1.0 million [1]. - The company will host a conference call on November 13, 2025, to discuss these financial results [2]. Non-GAAP Financial Measures - Distributable earnings are defined as GAAP net income adjusted for certain non-cash items and one-time events, providing a clearer picture of the company's operational performance [5][8]. - The calculation of distributable earnings excludes unrealized provisions for credit losses, with loan losses recognized when deemed non-recoverable [6][9]. Company Overview - Lument Finance Trust, Inc. focuses on investing in, financing, and managing a portfolio of commercial real estate debt investments, primarily in transitional floating rate commercial mortgage loans [11].