Company: SQFTP
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001437749-25-026786
Chunk: 166

Company: Presidio Property Trust, Inc.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 166
---
 3,008,035   82,936   (331,494)  3,056,072 
 General and administrative   —   —   444,669   3,842,697   4,287,366 
 Depreciation and amortization   237,878   1,938,072   517,170   9,268   2,702,388 
 Impairment of goodwill and real estate assets   —   —   196,793   —   196,793 
 Total costs and expenses   534,473   4,946,107   1,241,568   3,520,471   10,242,619 
 Other income (expense):                     
 Interest expense - mortgage notes   (289,488)  (1,692,231)  (1,056,702)  (2,630)  (3,041,051)
 Interest and other income, net   —   —   15   9,837   9,852 
 Net gain in Conduit Pharmaceuticals marketable securities (see footnote 9)   —   —   —   (13,888,667)  (13,888,667)
 Gain on sales of real estate, net   —   —   2,829,998   —   2,829,998 
 Income tax (expense) benefit   —   —   (139,107)  (21,479)  (160,586)
 Total other income (expense), net   (289,488)  (1,692,231)  1,634,204   (13,902,939)  (14,250,454)
 Net income (loss)   205,281   (725,801)  2,817,003   (17,412,953)  (15,116,470)
 Less: Income attributable to noncontrolling interests   —   (61,194)  (1,912,039)  —   (1,973,233)
 Net income (loss) attributable to Presidio Property Trust, Inc. stockholders  $205,281  $(786,995) $904,964