Company: GIPRW
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0000950170-25-046959
Chunk: 184

Company: GENERATION INCOME PROPERTIES, INC.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 8
Chunk 184
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,925
    )

    Amortization of above market ground lease

    (731
    )
     
    (732
    )

    Amortization of debt issuance costs

    202,621

    146,745

    Restricted stock unit compensation

    379,739

    382,002

    Non-cash ground lease expense

    84,216

    80,488

    Income on investment in tenancy-in-common

    -

    (32,773
    )

    Dead deal expense

    35,873

    109,569

    (Loss) gain on derivative valuation, net

    (372,573
    )
     
    401,782

    Loss on held for sale asset valuation

    77,244

    -

     Changes in operating assets and liabilities

    Accounts receivable

    193,048

    (145,103
    )

    Escrow and other assets

    (734,895
    )
     
    (173,510
    )

    Deferred rent asset

    774,354

    (817,394
    )

    Prepaid expenses

    (36,460
    )
     
    (116,868
    )

    Accounts payable

    (235,510
    )
     
    233,311

    Accrued expenses

    534,746

    227,522

    Accrued expenses - related party

    -

    554,446

    Lease liability

    49,860

    58,753

    Deferred rent liability

    (84,925
    )
     
    9,144

    Net cash provided by operating activities

    1,022,362

    12,345

    CASH FLOWS FROM INVESTING ACTIVITIES:

    Purchase of land, buildings, other tangible and intangible assets

    (5,773,323
    )
     
    (31,956,583
    )

    Purchase of remaining tenancy-in-common interest

    -

    (1,358,391
    )

    Net cash used in investing activities

    (5,773,323
    )
     
    (33,314,974
    )

    CASH FLOWS FROM FINANCING ACTIVITIES:

    Proceeds from issuance of redeemable non-controlling interests

    5,580