American Strategic Income Portfolio, Inc. II (BSP) Financial Statements

Income statement

Metric	TTM	2025	2024	2023
Revenue
Total Revenue	1.9B	1.3B	671.1M	387.1M
Cost of Revenue	635.3M	449.1M	242.2M	150.6M
Gross Profit	1.2B	857.3M	428.9M	236.5M
Operating Expenses
R&D Expense	215.8M	120.7M	92.6M	51.8M
SG&A Expense	568.0M	458.7M	208.9M	100.5M
General & Admin Expense	277.8M	327.0M	129.8M	57.8M
Selling & Marketing Expense	126.6M	131.7M	79.2M	42.6M
Other Expenses	3.0K	1.0K	(1.0K)	—
Total Operating Expenses	783.8M	579.4M	301.5M	152.3M
Cost and Expenses	1.4B	1.0B	543.7M	302.8M
Operating Income (EBIT)	456.4M	277.9M	127.4M	84.3M
Non-Operating
Interest Income	—	—	—	—
Interest Expense	256.2M	142.6M	32.6M	17.2M
Net Interest Income	(256.2M)	(142.6M)	(32.6M)	(17.2M)
Other Non-Op Income/Expense	(195.1M)	(166.7M)	(22.5M)	(26.8M)
Non-Operating Income (excl Interest)	(42.6M)	24.1M	(10.1M)	9.6M
EBT (Pre-Tax Income)	261.3M	111.2M	104.8M	57.5M
Income Tax Expense	103.8M	111.4M	15.8M	(103.1M)
Bottom Line
Net Income	157.5M	(136.0K)	89.5M	160.8M
Earnings from Cont. Ops	157.5M	(204.0K)	89.0M	160.6M
Earnings from Discont. Ops	—	—	—	—
Bottom Line Net Income	157.5M	(136.0K)	89.5M	160.8M
Per Share
Basic EPS	$0.26	$0.00	$0.16	$0.32
Diluted EPS	$0.24	$0.00	$0.15	$0.31
Revenue Per Share	$3.02	$2.22	$1.20	$0.77
Shares
Basic Shares Outstanding	620.5M	587.2M	559.5M	502.4M
Diluted Shares Outstanding	620.5M	598.9M	596.8M	518.6M
Profitability Metrics
EBITDA	683.7M	410.8M	226.6M	109.6M
D&A	184.7M	157.0M	89.2M	34.9M
EBIT	499.0M	253.8M	137.4M	74.7M

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026