Company: INTG
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001641172-25-010724
Chunk: 73

Company: INTERGROUP CORP
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 8
Chunk 73
---
 -  
     (4,967,000)
  
    Gain on extinguishment of debt 
     1,416,000  
     -  
     -  
     -  
     1,416,000 
  
    Loss from investments 
     -  
     -  
     (2,388,000) 
     -  
     (2,388,000)
  
    Income tax expense 
     -  
     -  
     -  
     (463,000) 
     (463,000)
  
    Net (loss) income 
    $(2,980,000) 
    $2,776,000  
    $(2,388,000) 
    $(2,707,000) 
    $(5,299,000)
  
    Total assets 
    $50,860,000  
    $46,635,000  
    $751,000  
    $4,995,000  
    $103,241,000 

    As of and for the nine months 
    Hotel  
    Real Estate  
    Investment  

    ended March 31, 2024 
    Operations  
    Operations  
    Transactions  
    Corporate  
    Total 
  
    Revenues 
    $32,076,000  
    $12,638,000  
    $-  
    $-  
    $44,714,000 
  
    Segment operating expenses 
     (27,925,000) 
     (7,774,000) 
     -  
     (3,365,000) 
     (39,064,000)
  
    Segment income (loss) 
     4,151,000  
     4,864,000  
     -  
     (3,365,000) 
     5,650,000 
  
    Interest expense - mortgage 
     (5,796,000) 
     (1,899,000) 
     -  
     -  
     (7,695,000)
  
    Depreciation and amortization expense 
     (2,597,000) 
     (2,094,000) 
     -  
     (453,000)