Company: SQFTP
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001437749-25-010185
Chunk: 1245

Company: Presidio Property Trust, Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 5
Chunk 1245
---
4,000,000

      March 2024 

     —

     —

     —

     4,000,000

      April 2024 

     —

     —

     —

     4,000,000

      May 2024 

     —

     —

     —

     4,000,000

      June 2024 

     —

     —

     —

     4,000,000

      July 2024 

     —

     —

     —

     4,000,000

      August 2024 

     —

     —

     —

     4,000,000

      September 2024 

     —

     —

     —

     4,000,000

      October 2024 

     —

     —

     —

     4,000,000

      November 2024 

     —

     —

     —

     4,000,000

      December 2024 (1) 

     2,918

     $
     14.02

     2,918

     3,959,090

      Total 

     2,918

     $
     14.02

     2,918

     $
     3,959,090

(1) On December 19, 2024, the Board of Directors authorized a stock repurchase program of up to $6.0 million of outstanding shares of our Series A Common Stock and up to $4.0 million of our Series D Preferred Stock which shall expire in December 2025.

ITEM 6. RESERVED

Not required.

      47

ITEM 7. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

The following discussion relates to our financial statements and should be read in conjunction with the financial statements and notes thereto appearing elsewhere in this report. Statements contained in this “Management’s Discussion and Analysis of Financial Condition and Results of Operations” that are not historical facts may be forward-looking statements. Such statements are subject to certain risks and uncertainties, which could cause actual results to materially differ from those projected. Some of the information presented is forward-looking in nature, including information concerning projected future occupancy rates, rental rate increases, project development timing and investment amounts. Although the information is based on our current expectations, actual results could vary from expectations stated in this report. Numerous factors will affect our actual results, some of which are beyond our control. These include the timing and strength of national and regional economic growth