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10-QMEDIUM RiskDETERIORATING

PhenixFIN Corp

Filed: Feb 9, 2026 CIK: 0001490349
View original filing on SEC.gov

AI Executive Summary

AI-powered analysis of 10-Q filing content

PhenixFIN Corporation shows significant deterioration with massive $7.2M unrealized losses in Q1 2025 versus only $0.3M losses in Q1 2024, representing a 2,270% increase in investment losses. Net assets declined $4.95M to $155.8M while NAV per share dropped 2.9% from $80.24 to $77.92. The company maintains high leverage with $146.5M in debt against declining asset values.

Red Flags Detected (7)

Massive increase in unrealized losses from $329K to $7.15M (2,170% deterioration)

Net asset value per share declined from $80.24 to $77.92 (-2.9%)

Total net assets decreased by $4.95M in just one quarter

4 more red flags detected

Key Takeaways

Investment portfolio experiencing significant valuation pressure across all categories

Leverage remains high while underlying asset values decline

2 more takeaways

Filing Overview

Form TypeQuarterly Report (10-Q)
Filing DateFeb 9, 2026
Risk LevelMEDIUM
TrendDETERIORATING
AI Confidence85%
Red Flags7

What This Means

Deteriorating Trend: Conditions are worsening compared to previous filings. This may create opportunities for service providers.

Quarterly Report: Interim filing with unaudited financial data for the quarter.

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