Company: INTG
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001493152-25-021858
Chunk: 30

Company: INTERGROUP CORP
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 1
Chunk 30
---
,000)
  
    General
    and administrative expenses 
     (706,000) 
     (860,000)

    Total costs and operating
    expenses 
     (15,181,000) 
     (13,777,000)

    Income from operations 
     2,732,000  
     3,129,000 

    Other (expense) income: 

    Interest expense - mortgages 
     (3,258,000) 
     (3,514,000)
  
    Net gain on marketable
    securities 
     136,000  
     129,000 
  
    Dividend and interest income 
     2,000  
     87,000 
  
    Trading
    and margin interest expense 
     (297,000) 
     (324,000)
  
    Total
    other expense, net 
     (3,417,000) 
     (3,622,000)

    Loss before income taxes 
     (685,000) 
     (493,000)
  
    Income tax expense 
     (474,000) 
     (359,000)
  
    Net loss 
     (1,159,000) 
     (852,000)
  
    Less: Net loss attributable
    to the noncontrolling interest 
     624,000  
     454,000 
  
    Net loss attributable
    to The InterGroup Corporation 
    $(535,000) 
    $(398,000)

    Net loss per share 

    Basic 
    $(0.54) 
    $(0.39)
  
    Diluted 
    $(0.54) 
    $(0.39)

    Net loss per share attributable to The InterGroup
    Corporation 

    Basic 
    $(0.25) 
    $(0.18)
  
    Diluted 
    $(0.25) 
    $(0.18)

    Weighted average number of basic common
    shares outstanding 
     2,151,141  
     2,173,461 
  
    Weighted average number of diluted common
    shares outstanding 
     2,151,141  
     2,173,461 

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

-4-

THE
INTERGROUP CORPORATION