Company: GIPRW
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0000950170-25-046959
Chunk: 94

Company: GENERATION INCOME PROPERTIES, INC.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 1B
Chunk 94
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 deal expense
     
    (35,873
    )
     
    (109,569
    )

    Loss on held for sale asset valuation
     
    (77,244
    )
     
    -

    Net loss
     
    (4,872,888
    )
     
    (4,441,465
    )

    Less: Net income attributable to non-controlling interests
     
    3,476,599

    1,275,797

    Net loss attributable to Generation Income Properties, Inc.
     
    (8,349,487
    )
     
    (5,717,262
    )

    Less: Preferred stock dividends
     
    95,000

    475,000

    Net loss attributable to common shareholders
     
    (8,444,487
    )
     
    (6,192,262
    )

    Total Weighted Average Shares of Common Stock Outstanding – Basic & Diluted
     
    5,163,956

    2,520,437

    Basic & Diluted Loss Per Share Attributable to Common Stockholders
    $
    (1.64
    )
    $
    (2.46
    )

The accompanying notes are an integral part of these consolidated financial statements.

 53

    Generation Income Properties Inc

    Consolidated Statements of Changes in Equity, Redeemable Preferred Stock, and Redeemable Non-Controlling Interests

    Common Stock
     
    Additional Paid-In Capital
     
    Accumulated Deficit
     
    Stockholders' Equity
     
    Non-Controlling Interest
     
    Total Equity
     
    Redeemable Preferred Stock
     
    Redeemable Non-Controlling Interests

    Shares
     
    Amount

    Balance, December 31, 2022
     
    2,501,644

    25,016

    19,307,518

    (8,640,796
    )
     
    10,691,738

    445,035

    11,136,773

    -

    5,789,731

    Restricted stock compensation
     
    98,593

    986

    381,016

    -

    382,002

    -

    382,002

    -

    -

    Cashless exercise of warrants