Financial insights of BRST

MyFinsight

For the quarter ending 2025-06-30.

Income Statement	2025-06-30	2025-03-31	2024-12-31	2024-09-30
Total revenues	-	10,606	10,706	10,213
Property operating	-	3,105	3,263*	2,800
Bad debt (recovery) expense	-	-71	223*	15
General and administrative	-	3,579	3,107*	3,002
Impairment of real estate assets	-	-43	-203*	-119
Depreciation and amortization	-	3,580	3,836*	3,698
Cost of services	-	576	582*	507
Total operating expenses	-	10,812	11,214	10,141
Operating loss	-	-206	-508*	72
Other expense	-	-1	-64*	11
Interest expense	-	4,765	4,296*	4,695
Interest and other income	-	165	253*	277
Loss on extinguishment of debt	-	-	-2*	-
Net (loss) gain on fair value change of debt held under the fair value option	-	-240	3,989*	-557
Derivative fair value adjustment	-	-582	4,880*	-1,432
Total other expense	-	-5,423	4,760*	-6,396
Net gain before income taxes	-	-5,629	4,252*	-6,324
Income tax (expense) benefit, net	-	-	246*	-56
Net income (gain)	44,710	-5,629	4,006*	-6,268
Plus net (income) loss attributable to noncontrolling interest	6,292	-1,352	-193*	-1,351
Less preferred equity return on fortress preferred equity	0	-3,497	-3,100*	-3,181
Less preferred equity accretion to redemption value	0	-997	-2,049*	-1,004
Less preferred op units return	-177	-170	-142*	-151
Net loss attributable to common stockholders	-	-8,941	-1,092	-9,253
Net income (loss) attributable to common stockholders	38,241	-	-	-

Basic EPS	1.04	-0.24	-0.03	-0.26
Diluted EPS	0.86	-0.24	-0.03	-0.26
Basic Average Shares	36,912,668	36,681,457	35,997,207	35,997,585
Diluted Average Shares	44,449,000	36,681,457	35,997,207	35,997,585

Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.