Company: SQFTP
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001437749-25-010185
Chunk: 403

Company: Presidio Property Trust, Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 10
Chunk 403
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 2023, and totaled approximately $18.3 million.  The adjustments to the fair value of our investment in Conduit Pharmaceuticals marketable securities are recorded in net loss in Conduit Pharmaceuticals marketable securities on our consolidated statement of operations.

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   The following table presents as of  December 31, 2024 the Company’s assets subject to measurement at fair value on a nonrecurring basis (in thousands):

       Fair Value Measurements as of December 31, 2024  
   Level 1    Level 2    Level 3    Total    Impairment Loss  
 Assets:                     
 Goodwill for Dubose Model Homes  $-  $-  $1,123,000  $1,123,000  $- 
 Goodwill for NTR Property Management   -   -   266,000   266,000   185,000 
 Certain Real Estate assets   -   -   18,065,871   18,065,871   1,784,311 
 Total Assets  $-  $-  $19,454,871  $19,454,871  $1,969,311 

   The following table presents as of  December 31, 2023 the Company’s assets subject to measurement at fair value on a nonrecurring basis (in thousands):

       Fair Value Measurements as of December 31, 2023      
   Level 1    Level 2    Level 3    Total    Impairment Loss  
 Assets:                     
 Goodwill for Dubose Model Homes  $-  $-  $1,123,000  $1,123,000  $- 
 Goodwill for NTR Property Management   -   -   451,000   451,000   849,000 
 Certain Real Estate assets   -   -   12,503,176   12,503,176   2,398,097 
 Total Assets  $-  $-  $14,077,176  $14,077,176  $3,247,097 

   Earnings per share (“EPS”). The EPS on common stock has been computed pursuant to the