Company: SQFTP
Filing Date: 2025-05-14
Form Type: 10-Q
Source: 0001437749-25-016828
Chunk: 143

Company: Presidio Property Trust, Inc.
Filing Date: 2025-05-14
Form: 10-Q
Item: Part I, Item 1
Chunk 143
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 and Other    Total  
 Revenues:                     
 Rental income  $490,815.00  $2,905,080.00  $1,243,831.00  $—  $4,639,726 
 Fees and other income   62,574   56,440   25,120   6,201   150,335 
 Total revenue   553,389   2,961,520   1,268,951   6,201   4,790,061 
 Costs and expenses:                     
 Rental operating costs   139,954   1,545,563   41,230   (163,170)  1,563,577 
 General and administrative   —   —   207,922   1,876,528   2,084,450 
 Depreciation and amortization   117,293   952,340   276,614   4,771   1,351,018 
 Impairment of goodwill and real estate assets   —   —   95,548   —   95,548 
 Total costs and expenses   257,247   2,497,903   621,314   1,718,129   5,094,593 
 Other income (expense):                     
 Interest expense - mortgage notes   (144,911)  (810,923)  (558,110)  (1,262)  (1,515,206)
 Interest and other income, net   —   —   8   4,638   4,646 
 Net gain in Conduit Pharmaceuticals marketable securities (see footnote 9)   —   —   —   (3,861,233)  (3,861,233)
 Gain on sales of real estate, net   —   —   2,018,095   —   2,018,095 
 Income tax (expense) benefit   —   —   (85,623)  6,058   (79,565)
 Total other income (expense), net   (144,911)  (810,923)  1,374,370   (3,851,