Company: SQFTP
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001437749-25-010185
Chunk: 1638

Company: Presidio Property Trust, Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 7A
Chunk 1638
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,966,113   431,984   849,000   3,247,097 
 Total costs and expenses   993,666   11,798,048   2,469,536   6,164,936   21,426,186 
 Other income (expense):                     
 Interest expense - mortgage notes   (588,405)  (2,744,996)  (1,668,855)  (2,633)  (5,004,889)
 Interest and other income, net   —   —   (27,775)  1,463,073   1,435,298 
 Net gain in Conduit Pharmaceuticals marketable securities (see footnote 9)   —   —   —   (23,359,774)  (23,359,774)
 Gain on deconsolidation of SPAC (see footnote 9)   —   —   —   40,321,483   40,321,483 
 Gain on sales of real estate, net   —   —   3,240,200   —   3,240,200 
 Income tax (expense) benefit   —   —   400,464   (64,684)  335,780 
 Total other income, net   (588,405)  (2,744,996)  1,944,034   18,357,465   16,968,098 
 Net income (loss)   302,259   (2,968,089)  3,606,627   12,236,729   13,177,526 
 Less: Income attributable to noncontrolling interests   —   (94,500)  (2,936,580)  —   (3,031,080)
 Net income (loss) attributable to Presidio Property Trust, Inc. stockholders  $302,259  $(3,062,589) $670,047  $12,236,729  $10,146,446 

        F-
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       December 31,    December 31,  
 Assets by Reportable Segment:   2024    2023  
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