Company: INTG
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001493152-25-021858
Chunk: 50

Company: INTERGROUP CORP
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 1
Chunk 50
---
) 
     (461,000) 
     -  
     (860,000) 
     (1,522,000)
  
    Segment income (loss) 
     3,028,000  
     2,629,000  
     -  
     (860,000) 
     4,797,000 
  
    Interest expense - mortgage 
     (2,824,000) 
     (690,000) 
     -  
     -  
     (3,514,000)
  
    Depreciation and amortization expense 
     (929,000) 
     (739,000) 
     -  
     -  
     (1,668,000)
  
    Loss from investments 
     -  
     -  
     (108,000) 
     -  
     (108,000)
  
    Income tax expense 
     -  
     -  
     -  
     (359,000) 
     (359,000)
  
    Net (loss) income 
    $(725,000) 
    $1,200,000  
    $(108,000) 
    $(1,219,000) 
    $(852,000)
  
    Total assets 
    $48,055,000  
    $47,274,000  
    $7,609,000  
    $6,389,000  
    $109,327,000 

    -16-

NOTE
11 – OTHER FINANCING TRANSACTIONS

The
following summarizes the balances of  other notes payable as of September 30, 2025 and June 30, 2025, respectively.

 SUMMARY OF OTHER NOTES PAYABLE

    As of 
    September
    30, 2025  
    June 30, 2025 
  
    Note payable - Hilton 
    $1,504,000  
    $1,583,000 
  
    Note payable - Aimbridge 
     334,000  
     396,000 
  
    Total
    other notes payable 
    $1,838,000  
    $1,979,000 

Note
payable to Hilton (Franchisor) is a self-exhausting, interest-free development incentive note