Company: INTG
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001493152-25-021858
Chunk: 85

Company: INTERGROUP CORP
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 8
Chunk 85
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 cash in marketable securities and other investments). CODM is a group of senior executives who collectively use these segments to
evaluate performance and allocates resources.

Segment
results are evaluated using segment income (loss) from operations, which reflects revenues from external customers less segment operating
expenses. This measure excludes interest expense, depreciation and amortization, gains/losses on extinguishment of debt, investment gains/losses,
and income taxes, which are shown separately below. There are no intersegment revenues. “Corporate” consists primarily of
unallocated corporate general and administrative costs and income taxes.

    -15-

All
long-lived assets and revenues are attributable to operations in the United States.

SCHEDULE OF SEGMENT REPORTING INFORMATION 

    As of and for the three months 
    Hotel  
    Real Estate  
    Investment  

    ended September
    30, 2025 
    Operations  
    Operations  
    Transactions  
    Corporate  
    Total 
  
    Revenues 
    $12,418,000  
    $5,495,000  
    $-  
    $-  
    $17,913,000 
  
    Property operating expenses 
     (9,167,000) 
     (1,038,000) 
     -  
     -  
     (10,205,000)
  
    Utilities 
     (546,000) 
     (322,000) 
     -  
     -  
     (868,000)
  
    Real estate taxes 
     (492,000) 
     (574,000) 
     -  
     -  
     (1,066,000)
  
    General & administrative 
     (276,000) 
     (404,000) 
     -  
     (706,000) 
     (1,386,000)
  
    Segment income (loss) 
     1,937,000  
     3,157,000  
     -  
     (706,000) 
     4,388,000 
  
    Interest expense - mortgage 
     (2,493,000) 
     (765,000) 
     -  
     -  
     (3,258,000)
  
    Depreciation and amortization expense