Financial insights of BRST

MyFinsight

For the quarter ending 2025-06-30.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement	2025-06-30	2025-03-31	2024-12-31	2024-09-30
Total revenues	-	10,606	10,377	10,213
Property operating	-	3,105	2,954	2,800
Bad debt (recovery) expense	-	-71	84	15
General and administrative	-	3,579	3,037	3,002
Impairment of real estate assets	-	-43	-147	-119
Depreciation and amortization	-	3,580	3,744	3,698
Cost of services	-	576	532	507
Total operating expenses	-	10,812	10,499	10,141
Operating loss	-	-206	-121	72
Other expense	-	-1	-14	11
Interest expense	-	4,765	4,562	4,695
Interest and other income	-	165	269	277
Loss on extinguishment of debt	-	-	-2	-
Net (loss) gain on fair value change of debt held under the fair value option	-	-240	958	-557
Derivative fair value adjustment	-	-582	674	-1,432
Total other expense	-	-5,423	-2,677	-6,396
Net loss before income taxes	-	-5,629	-2,799	-6,324
Income tax (expense) benefit, net	-	-	45	-56
Net income (loss)	44,710	-5,629	-2,843	-6,268
Plus net (income) loss attributable to noncontrolling interest	6,292	-1,352	-965	-1,351
Less preferred equity return on fortress preferred equity	0	-3,497	-3,154	-3,181
Less preferred equity accretion to redemption value	0	-997	-1,352	-1,004
Less preferred op units return	-177	-170	-148	-151
Net loss attributable to common stockholders	-	-8,941	-6,533	-9,253
Net income (loss) attributable to common stockholders	38,241	-	-	-

Earnings per share, basic, total	1.04	-0.24	-0.18	-0.26
Earnings per share, diluted, total	0.86	-0.24	-0.18	-0.26
Weighted average number of shares outstanding, basic	36,913,000	36,681,457	-63	35,997,585
Weighted average number of shares outstanding, diluted	44,449,463	36,681,457	-63	35,997,585