Company: INTG
Filing Date: 2025-02-14
Form Type: 10-Q
Source: 0001493152-25-006758
Chunk: 86

Company: INTERGROUP CORP
Filing Date: 2025-02-14
Form: 10-Q
Item: Part I, Item 8
Chunk 86
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 the equity value of the portfolio. The two largest security positions represent 28% and 22%
of the portfolio and consists of the common stock of American Realty Investors, Inc. (NASDAQ: ARL) and Alphabet Inc. (NASDAQ: GOOG),
which are included in the REITs and real estate companies and Communication Services, respectively.

-25-

The
following table shows the net gain (loss) on the Company’s marketable securities and the associated margin interest and trading
expenses for the respective periods:

    For
    the three months ended December 31, 
    2024  
    2023 

    Net (loss) gain on marketable securities 
    $(598,000) 
    $1,760,000 
  
    Dividend and interest income 
     34,000  
     144,000 
  
    Margin interest expense 
     (13,000) 
     (54,000)
  
    Trading and management
    expenses 
     (324,000) 
     (327,000)
  
    Net
    (loss) gain from investment transactions 
    $(901,000) 
    $1,523,000 

    For the six months ended December 31, 
    2024  
    2023 

    Net (loss) gain on marketable securities 
    $(469,000) 
    $975,000 
  
    Dividend and interest income 
     121,000  
     270,000 
  
    Margin interest expense 
     (48,000) 
     (67,000)
  
    Trading and management expenses 
     (613,000) 
     (636,000)
  
     Net (loss) gain from investment transactions 
    $(1,009,000) 
    $542,000 

FINANCIAL
CONDITION AND LIQUIDITY

The
Company had cash and cash equivalents of $10,420,000 and $4,333,000 as of December 31, 2024 and June 30, 2024, respectively. The Company
had restricted cash of $3,966,000 and $4,361,000 as of December 31, 2024 and June 30, 2024, respectively. The Company had marketable
securities, net of margin due to securities brokers, of $4,984,000 and $7,266