Company: INTG
Filing Date: 2025-09-30
Form Type: 10-K
Source: 0001493152-25-016154
Chunk: 44

Company: INTERGROUP CORP
Filing Date: 2025-09-30
Form: 10-K
Item: Item 1
Chunk 44
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,000 for the year ended June 30, 2024.

For
the year ended June 30, 2025, the Company had a net realized loss of $329,000 and a net unrealized loss of $1,018,000. For the year ended
June 30, 2024, the Company had a net realized gain of $1,251,000 and a net unrealized loss of $1,736,000.

Gains
and losses on marketable securities may fluctuate significantly from period to period in the future and could have a significant impact
on the Company’s results of operations. However, the amount of gain or loss on marketable securities for any given period is not
necessarily predictive, and variations from period to period may have limited analytical value. For a more detailed description of the
composition of the Company’s marketable securities see the Marketable Securities section below.

During
the years ended June 30, 2025 and 2024, the Company performed an impairment analysis of its other investments and determined that its
investments had other than temporary impairment and recorded impairment losses of $0 and $5,000, respectively.

The
Company and its subsidiary Portsmouth compute and file income tax returns and prepare separate income tax provisions for financial reporting.
Portsmouth does not record an income tax benefit from its pre-tax losses due to its continued operating losses in each of the past three
consecutive taxable years.

25

MARKETABLE
SECURITIES AND OTHER INVESTMENTS

As
of June 30, 2025 and 2024, the Company had investments in marketable equity securities of $969,000 and $7,454,000, respectively. The
following table shows the composition of the Company’s marketable securities portfolio by selected industry groups:

    As of June 30, 2025  Industry Group 
    Fair Value  
    % of Total  Investment  Securities 
  
    REITs and real estate companies 
    $966,000  
     99.6%
  
    Technology 
     3,000  
     0.4%

    $969,000  
     100.0%

    As of June 30, 2024 Industry Group 
    Fair Value  
    % of Total Investment Securities 
  
    REITs and real estate companies 
    $3,358,000  
     45.1%
  
    Communication services 
     1,994,