2025 Annual Comprehensive Report

Table III Page 2 of 2

2020

2021

2022

2023

2024

2025

$ (256,902,841)

$ (262,317,538)

$ (261,161,518)

$ (367,042,170)

$ (393,536,380)

$ (252,982,033)

24,975,186 (228,006,847)

(22,452,622) (279,355,463)

(10,050,529) (272,368,067)

(15,145,259) (276,306,777)

(39,742,752) (406,784,922)

(40,223,176) (433,759,556)

179,387,017 55,857,799 343,809 5,164,117 3,601,730 16,813,088 1,022,548 4,837,203 1,257,226

184,481,656 66,221,873 492,619 5,553,251 2,926,349 16,612,832 1,319,490 4,758,054 1,226,777

187,298,490 79,446,418 512,113 5,288,495 4,824,301 17,103,126 1,542,862 4,220,968 1,188,877

221,781,918 82,246,041 557,246 5,356,084 5,867,088 17,849,666 1,764,185 4,033,368 1,356,060

246,663,668 84,279,792 551,208 5,314,725 5,891,907 21,086,070 1,545,598 3,731,132 1,466,259

251,782,301 89,207,772 525,081 5,371,606 6,234,806 23,493,439 1,756,420 3,464,166 1,207,494

4,902,116

6,557,400

5,223,377

2,462,079

1,865,776

6,248,578

42,825

27,004 74,298

37,915

32,423

24,755

20,896

5,103,495 2,230,342

(7,677,347) 2,905,993 (16,975,846)

6,940,280 1,297,082

18,757,294 1,527,989 (17,091,568)

16,070,758 1,052,638 (8,414,660)

1,440,921 (5,851,344)

(10,565,039)

(11,929,747)

269,998,276

285,841,180

285,964,943

342,375,071

376,210,908

393,638,493

9,921,648 2,522,000 1,040,390 4,308,221 1,703,607 10,565,039

10,203,762 2,522,000 1,115,288

10,333,635

12,835,784 2,000,000 1,082,156 6,040,630 2,925,091 11,929,747

13,426,419

13,745,488

1,072,775 (6,781,381) 2,574,734 16,975,846

1,077,423 13,455,356 3,339,343 17,091,568

1,090,964 20,689,740 7,027,832 8,414,660

621,252

936,921 5,851,344

30,060,905

21,250,567

24,175,609

36,813,408

48,390,109

50,968,684

300,059,181

307,091,747

310,140,552

379,188,479

424,601,017

444,607,177

17,016,243 55,036,091 72,052,334

28,938,339 (1,202,055) 27,736,284

23,647,405 14,125,080 37,772,485

81,213,553 21,668,149

9,168,738 8,647,357 17,816,095

102,113

10,745,508 10,847,621

$

$

$

$

$ 102,881,702

$

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