Company: INTG
Filing Date: 2025-09-30
Form Type: 10-K
Source: 0001493152-25-016154
Chunk: 141

Company: INTERGROUP CORP
Filing Date: 2025-09-30
Form: 10-K
Item: Item 7A
Chunk 141
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This
disclosure is not required for smaller reporting companies under applicable SEC regulations.

31

Item
8. Financial Statements and Supplementary Data.

    INDEX TO CONSOLIDATED
    FINANCIAL STATEMENTS
     
    PAGE

    Report of Independent Registered Public Accounting Firm
     
    33

    Consolidated Balance Sheets - June 30, 2025 and 2024
     
    35

    Consolidated Statements of Operations - For years ended June 30, 2025 and 2024
     
    36

    Consolidated Statements of Shareholders’ Deficit - For years ended June 30, 2025 and 2024
     
    37

    Consolidated Statements of Cash Flows - For years ended June 30, 2025 and 2024
     
    38

    Notes to the Consolidated Financial Statements
     
    39

32

REPORT
OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM 

To
the Board of Directors and Shareholders of

The
InterGroup Corporation:

Opinion
on the Financial Statements

We
have audited the accompanying consolidated balance sheets of The InterGroup Corporation and its subsidiaries (the “Company”)
as of June 30, 2025 and 2024, and the related consolidated statements of operations, shareholders’ deficit, and cash flows for
the years then ended, and the related notes (collectively referred to as the “consolidated financial statements”). In our
opinion, the consolidated financial statements present fairly, in all material respects, the financial position of the Company as of
June 30, 2025 and 2024, and the results of its operations and its cash flows for each of the two years in the period ended June 30, 2025,
in conformity with accounting principles generally accepted in the United States of America.

Basis
for Opinion

These
consolidated financial statements are the responsibility of the entity’s management. Our responsibility is to express an opinion
on these consolidated financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting
Oversight Board (United States) (“PCAOB”) and are required to be independent with respect to the Company in accordance with
the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

We
conducted our audits in accordance with the standards of the PCAOB