Company: INTG
Filing Date: 2025-02-14
Form Type: 10-Q
Source: 0001493152-25-006758
Chunk: 2

Company: INTERGROUP CORP
Filing Date: 2025-02-14
Form: 10-Q
Item: Part I, Item 1
Chunk 2
---
    and administrative expenses 
     (677,000) 
     (1,894,000)
  
    Total costs and operating
    expenses 
     (13,588,000) 
     (15,667,000)

    Income (loss) from operations 
     853,000  
     (1,346,000)

    Other (expense) income: 

    Interest expense - mortgages 
     (3,530,000) 
     (2,210,000)
  
    Net unrealized (loss) gain
    on marketable securities 
     (1,002,000) 
     289,000 
  
    Net realized gain on marketable
    securities 
     404,000  
     1,471,000 
  
    Dividend and interest income 
     34,000  
     144,000 
  
    Trading
    and margin interest expense 
     (337,000) 
     (381,000)
  
    Total other expense, net 
     (4,431,000) 
     (687,000)

    Loss before income taxes 
     (3,578,000) 
     (2,033,000)
  
    Income tax expense 
     (119,000) 
     (118,000)
  
    Net loss 
     (3,697,000) 
     (2,151,000)
  
    Less: Net loss attributable
    to the noncontrolling interest 
     972,000  
     622,000 
  
    Net loss attributable
    to The InterGroup Corporation 
    $(2,725,000) 
    $(1,529,000)

    Net loss per share attributable to The InterGroup
    Corporation 

    Basic 
    $(1.26) 
    $(0.69)
  
    Diluted 
    $(1.26) 
    $(0.69)

    Weighted average number of basic common
    shares outstanding 
     2,165,906  
     2,203,174 
  
    Weighted average number of diluted common
    shares outstanding 
     2,165,906  
     2,203,174 

The
accompanying notes are an integral part of these (unaudited) condensed consolidated financial statements.

-4-

THE
INTERGROUP CORPORATION

CONDENSE