Company: INTG
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001493152-25-021858
Chunk: 32

Company: INTERGROUP CORP
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 1
Chunk 32
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000) 
    $(80,897,000) 
    $(26,582,000) 
    $(107,479,000)

The
accompanying notes are an integral part of these (unaudited) condensed consolidated financial statements.

-5-

THE
INTERGROUP CORPORATION

CONDENSED
CONSOLIDATED STATEMENTS OF CASH FLOWS

(unaudited)

    For the three months
    ended September 30, 
    2025  
    2024 
  
    Cash flows from operating activities: 

    Net loss 
    $(1,159,000) 
    $(852,000)
  
    Adjustments to reconcile
    net loss to net cash (used in) provided by operating activities: 

    Depreciation and amortization 
     1,656,000  
     1,668,000 
  
    Amortization of loan
    costs 
     278,000  
     372,000 
  
    Amortization of other
    notes payable 
     (141,000) 
     16,000 
  
    Stock compensation expense 
     20,000  
     45,000 
  
    Net unrealized gain
    on marketable securities 
     (116,000) 
     (788,000)
  
    Changes in operating
    assets and liabilities: 

    Investment in marketable
    securities 
     119,000  
     633,000 
  
    Other assets 
     (745,000) 
     (765,000)
  
    Accounts payable and
    other liabilities - Hotel 
     (428,000) 
     2,304,000 
  
    Accounts payable and
    other liabilities 
     218,000  
     (46,000)
  
    Deferred taxes 
     2,000  
     - 
  
    Obligations
    for securities sold 
     -  
     773,000 
  
    Net cash (used in)
    provided by operating activities 
     (296,000) 
     3,360,000 

    Cash flows from investing activities: 

    Payments for hotel investments 
     (974,000) 
     (269,000)
  
    Payments for real estate
    investments 
     (244,000) 
     (471,000)