Company: INTG
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001641172-25-010724
Chunk: 21

Company: INTERGROUP CORP
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 1
Chunk 21
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 40 years.
During the nine months ended March 31, 2025, the Company invested $1,329,000 in capitalized improvements. Depreciation expense related
to our investment in real estate for the nine months ended March 31, 2025 and 2024 are $2,236,000 and $2,092,000, respectively.

NOTE
6 – INVESTMENT IN MARKETABLE SECURITIES

The
Company’s investment in marketable securities consists primarily of corporate equities. The Company has also periodically invested
in corporate bonds and income producing securities, which may include interests in real estate-based companies and REITs, where financial
benefit could transfer to its shareholders through income and/or capital gain.

    -13-

At
March 31, 2025 and June 30, 2024, all of the Company’s marketable securities are classified as trading securities. The change in
the unrealized gains and losses on these investments, along with the changes in amounts due to broker are included in earnings. Trading
securities are summarized as follows:

SCHEDULE OF TRADING SECURITIES 

    Investment 
    Cost  
    Gross
                                                                               Unrealized
                                            Gain  
    Gross
                                                                               Unrealized
                                            Loss  
    Net
                                                                               Unrealized
                                            (Loss) Gain  
    Fair
                                                                               Value 
  
    As of 

    March 31, 2025 

    Corporate 

    Equities 
    $790,000  
    $2,000  
    $(41,000) 
    $(39,000) 
    $751,000 
  
    As of 

    June 30, 2024 

    Corporate 

    Equities 
    $6,262,000  
    $1,697,000  
    $(505,000) 
    $1,192,000  
    $7,454,000 

Net
gains (losses) on marketable securities on the statement of operations is comprised of realized and unrealized gains (losses). Below
is the composition of net gains (losses) on marketable securities for the three and nine months ended March 31, 2025 and 2024, respectively:

SCHEDULE OF NET GAINS (LOSSES) ON MARKETABLE SECURITIES COMPRISING OF REALIZED AND UNREALIZED GAINS (LOSSES) 

    For