Company: MNTR
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001493152-25-011889
Chunk: 50

Company: Mentor Capital, Inc.
Filing Date: 2025-08-13
Form: 10-Q
Item: Item 1
Chunk 50
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-  
     (250,208)
  
    Realized gain (loss) on investment in securities 
     (194,693) 
     -  
     (185,147) 
     - 
  
    Unrealized gain (loss) on investment in securities 
     80,331  
     (8,850) 
     27,794  
     22,637 
  
    Unrealized gain (loss) on investment in gold 
     16,996  
     -  
     24,040  
     - 
  
    Interest and dividend income 
     7,393  
     49,409  
     37,044  
     96,509 
  
    Interest expense 
     -  
     -  
     -  
     - 
  
    Other income 
     -  
     -  
     -  
     - 

    Income (loss) before income taxes 
    $(216,705) 
    $(421,676) 
    $(416,977) 
     (614,352)

Discontinued
Operation – Facilities Operations Segment

As
disclosed in Note 3 of the consolidated financial statements, we sold our entire ownership interest in WCI, our facilities operations
segment, on October 4, 2023 for $6,000,000. Following our sale of WCI, we received no new income from WCI and had no further involvement
or continuing influence over its operations. Consequently, our facilities operations segment was eliminated at the time of sale. Additionally,
the results of operations associated with our facilities operations segment were excluded from our continuing operations and presented
as a discontinued operation in our consolidated financial statements. WCI worked with business park owners, governmental centers, and
apartment complexes to reduce their facility-related operating costs. The WCI facilities operations segment is now reported as a discontinued
operation. See Note 3.

Note
18 – Subsequent events

Management
evaluated subsequent events through the date these financial statements were issued and concluded that no events subsequent to June 30,
2025 have occurred that would require recognition or disclosure, except as noted below.

Subsequent
to quarter-end, on July 17, 2025, Mentor Capital, Inc. purchased a two (2)
kilogram gold position for $221,018.

Subsequent to quarter end, between July