Company: INTG
Filing Date: 2025-09-30
Form Type: 10-K
Source: 0001493152-25-016154
Chunk: 508

Company: INTERGROUP CORP
Filing Date: 2025-09-30
Form: 10-K
Item: Item 8
Chunk 508
---
000)

    Segment
    income (loss) from operations

    5,747,000

    6,418,000

    -

    (4,391,000
    )

    7,774,000

    Interest
    expense - mortgage

    (9,407,000
    )

    (2,600,000
    )

    -

    -

    (12,007,000)

    Loss
    on extinguishment of debt

    -

    -

    -

    (453,000)

    (453,000)

    Gain
    loss on extinguishment of debt

    -

    -

    -

    (453,000)

    (453,000)

    Depreciation
    and amortization expense

    (3,494,000
    )

    (2,826,000
    )

    -

    -

    (6,320,000)

    Loss
    from investments

    -

    -

    (1,633,000)

    -

    (1,633,000)

    Gain
    loss from investments

    -

    -

    (1,633,000)

    -

    (1,633,000)

    Income
    tax benefit

    -

    -

    -

    83,000

    83,000

    Net
    (loss) income 
     
    $
    (7,154,000
    )
     
    $
    992,000

    $
    (1,633,000)

    $
    (4,761,000
    )
     
    $
    (12,556,000
    )
  
    Total
    assets
     
    $
    46,694,000

    $
    47,542,000

    $
    7,454,000

    $
    6,121,000

    $
    107,811,000

NOTE
15 – STOCK-BASED COMPENSATION PLANS

The
Company currently has one equity compensation plan, which is the Intergroup 2010 Omnibus Employee Incentive Plan. The plan has been approved
by the Company’s stockholders and is described below. Any outstanding options issued under the Key Employee Plan or the Non-Employee
Director Plan remain effective in accordance with their terms.

As
of June 30, 2025 and 2024, there were no RSUs outstanding.

The
InterGroup Corporation