Company: SQFTP
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001437749-25-034461
Chunk: 159

Company: Presidio Property Trust, Inc.
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 1
Chunk 159
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 and amortization   77,545   2,942,345   667,842   3,703   3,691,435 
 Impairment of goodwill and real estate assets   —   4,226,620   200,625   —   4,427,245 
 Total costs and expenses   187,764   11,981,096   1,607,467   3,287,860   17,064,187 
 Other income (expense):                     
 Interest expense - mortgage notes   (237,802)  (2,745,509)  (1,500,101)  (4,003)  (4,487,415)
 Interest and other income, net   —   —   23   15,595   15,618 
 Net loss in Conduit Pharmaceuticals marketable securities (see footnote 9)   —   —   —   (184,672)  (184,672)
 Gain on sales of real estate, net   4,494,358   —   583,944   —   5,078,302 
 Income tax (expense) benefit   —   —   (37,610)  23,980   (13,630)
 Total other income (expense), net   4,256,556   (2,745,509)  (953,744)  (149,100)  408,203 
 Net income (loss)   4,519,218   (5,532,623)  415,310   (3,357,823)  (3,955,918)
 Less: Income attributable to noncontrolling interests   —   (39,392)  (306,711)  —   (346,103)
 Net income (loss) attributable to Presidio Property Trust, Inc. stockholders  $4,519,218  $(5,572,015) $108,599  $(3,357,823) $(4,302,021)

       For the Nine Months Ended September 30, 2024  
                     
   Retail    Office/Industrial    Model Homes    Corporate and Other    Total  
 Re