Creative Media & Community Trust Corp 2026年季度报告

(Mark One):☒QUARTERLY REPORT PURSUANT TO SECTION13 OR 15(d) OF THESECURITIES EXCHANGE ACT OF1934For the quarterly period ended March 31, 2026OR☐TRANSITION REPORT PURSUANT TO SECTION13 OR 15(d) OF THESECURITIES EXCHANGE ACT OF1934For the transition period fromtoCommission File Number1-13610 CREATIVE MEDIA & COMMUNITY TRUST CORPORATION (Exact name of registrant as specified in its charter)Maryland75-6446078(State or Other Jurisdiction of Incorporation or Organization)(I.R.S. Employer Identification No.)4700 Wilshire BoulevardLos Angeles,California90010(Address of Principal Executive Offices)(Zip Code)(866) 242-1266(Registrant’s telephone number, including area code)Not Applicable(Former name, former address and former fiscal year, if changed since last report) Securities Registered Pursuant to Section12(b) of the Act: Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d) of the Securities Exchange Actof 1934 during the preceding 12months (or for such shorter period that the registrant was required to file such reports), and (2)has been subject tosuch filing requirements for the past 90days.Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submitsuch files).Yes☒No☐ Indicate by check mark whether the Registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reportingcompany, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and“emerging growth company” in Rule12b-2 of the Exchange Act. If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying withany new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ As of May 1, 2026, the Registrant had outstanding 2,639,158 shares of common stock, par value $0.001 per share. CREATIVE MEDIA & COMMUNITY TRUST CORPORATION AND SUBSIDIARIES INDEX Item1.Financial Statements (Unaudited)Consolidated Balance Sheets — March 31, 2026 and December 31, 20251Consolidated Statements of Operations — Three Months Ended March 31, 2026 and 20252Consolidated Statements of Equity —Three Months Ended March 31, 2026 and 20253Consolidated Statements of Cash Flows — Three Months Ended March 31, 2026 and 20254Notes to Consolidated Financial Statements5Item2.Management’s Discussion and Analysis of Financial Condition and Results of Operations32Item3.Quantitative and Qualitative Disclosures About Market Risk44Item4.Controls and Procedures44 Item1.Legal ProceedingsItem1A.Risk FactorsItem2.Unregistered Sales of Equity Securities and Use of ProceedsItem3.Defaults Upon Senior SecuritiesItem4.Mine Safety DisclosuresItem5.Other InformationItem6.Exhibits PART IFinancial InformationItem 1.Financial Statements CREATIVE MEDIA & COMMUNITY TRUST CORPORATION AND SUBSIDIARIESConsolidated Balance Sheets(In thousands, except share and per share amounts) (Unaudited) CREATIVE MEDIA & COMMUNITY TRUST CORPORATION AND SUBSIDIARIESNOTES TO CONSOLIDATED FINANCIAL STATEMENTSMarch 31, 2026 (Unaudited) 1. ORGANIZATION AND OPERATIONS Creative Media & Community Trust Corporation (the “Company”) is a Maryland corporation and real estate investment trust(“REIT”). The Company primarily acquires, develops, owns and operates both premier multifamily properties situated in vibrant communitiesthroughout the United States and Class A and creative office real assets in markets with similar business and employment characteristics to itsmultifamily investments. The Company also owns one hotel in northern California. The Company seeks to apply the expertise of CIM GroupManagement, LLC (“CIM Group” or “CIM”) and its affiliates to the acquisition, development and operation of premier multifamily propertiesand creative office assets that cater to rapidly growing industries such as technology, media and entertainment in vibrant and emergingcommunities throughout the United States. The Company’s common stock, $0.001 par value per share (“Common Stock”), is currently traded on the Nasdaq Capital Market(“Nasdaq”) under the ticker symbol “CMCT.” Nasdaq is a continuous trading market that operates in substantially the same manner as theNasdaq Global Market. All companies whose securities are listed on Nasdaq must meet certain financial requirements and adhere to Nasdaq’scorporate governance standards. On August 15, 2025, the Company voluntarily delisted its Common Stock from the Tel Aviv Stock Exchange,where it had previously been listed under the ticker symbol “CMCT.” See Part II Item 5 of this Quarterly Report on Form 10-Q. On March 26, 2026, the Company effected a 1-for-10 rever