Company: INTG
Filing Date: 2025-02-14
Form Type: 10-Q
Source: 0001493152-25-006758
Chunk: 24

Company: INTERGROUP CORP
Filing Date: 2025-02-14
Form: 10-Q
Item: Part I, Item 1
Chunk 24
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 reviews each segment’s performance. Management also makes operational and strategic decisions based on this information.

Information
below represents reported segments for the three and six months ended December 31, 2024 and 2023. Segment income from Hotel operations
consists of the operation of the Hotel and operation of the garage. Segment income from real estate operations consists of the operation
of the rental properties. Loss from investments consists of net investment loss, dividend and interest income and investment related
expenses.

    -16-

 SCHEDULE OF SEGMENT REPORTING INFORMATION

    As of and for the three months 
    Hotel  
    Real Estate  
    Investment  

    ended December 31, 2024 
    Operations  
    Operations  
    Transactions  
    Corporate  
    Total 
  
    Revenues 
    $9,965,000  
    $4,476,000  
    $-  
    $-  
    $14,441,000 
  
    Segment operating expenses 
     (9,055,000) 
     (2,208,000) 
     -  
     (677,000) 
     (11,940,000)
  
    Segment income (loss) 
     910,000  
     2,268,000  
     -  
     (677,000) 
     2,501,000 
  
    Interest expense - mortgage 
     (2,845,000) 
     (685,000) 
     -  
     -  
     (3,530,000)
  
    Depreciation and amortization expense 
     (903,000) 
     (745,000) 
     -  
     -  
     (1,648,000)
  
    Loss from investments 
     -  
     -  
     (901,000) 
     -  
     (901,000)
  
    Income tax expense 
     -  
     -  
     -  
     (119,000) 
     (119,000)
  
    Net
    (loss) income 
    $(2,838,000) 
    $838,000  
    $(901,000) 
    $(796,000) 
    $(3,697,000)
  
    Total assets