For the quarter ending 2026-03-31, GIPR has $88,275,458 in assets. $66,531,093 in debts. $289,468 in cash and cash equivalents.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Land | 19,630,821 | 20,055,577 | 20,055,577 | 23,998,591 |
| Building and site improvements | 63,882,423 | 67,133,859 | 67,133,859 | 70,929,505 |
| Acquired tenant improvements | 2,265,766 | 2,434,465 | 2,434,465 | 2,550,388 |
| Acquired lease intangible assets | 9,218,135 | 9,444,402 | 9,444,402 | 11,140,166 |
| Less accumulated depreciation and amortization | 15,400,673 | 15,307,333 | 14,065,544 | 14,119,815 |
| Net real estate investments | 79,596,472 | 83,760,970 | 85,002,759 | 94,498,835 |
| Cash and cash equivalents | 289,468 | 6,164,316 | 247,288 | 356,130 |
| Restricted cash | 34,500 | 34,500 | 34,500 | 34,500 |
| Deferred rent asset | 380,291 | 398,040 | 382,377 | 361,207 |
| Prepaid expenses | 164,844 | 184,397 | 362,681 | 400,474 |
| Accounts receivable | 3,907 | 0 | 6,144 | 37,175 |
| Escrow deposit and other assets | 753,127 | 733,326 | 675,298 | 588,290 |
| Held for sale assets | 1,083,054 | 0 | 10,726,355 | 2,657,414 |
| Right-of-use asset, net | 5,969,795 | 5,989,132 | 6,008,618 | 6,028,253 |
| Total assets | 88,275,458 | 97,264,681 | 103,446,020 | 104,962,278 |
| Accounts payable | 1,614,169 | 1,597,045 | 611,408 | 416,097 |
| Accrued expenses | 1,494,566 | 1,165,981 | 1,971,367 | 1,347,395 |
| Accrued expense - related party | 1,063,501 | 1,016,642 | 949,026 | 877,970 |
| Acquired lease intangible liabilities, net | 1,353,103 | 1,398,038 | 1,445,993 | 1,485,894 |
| Insurance payable | 0 | 32,538 | 128,838 | 306,409 |
| Deferred rent liability | 137,942 | 306,921 | 173,658 | 178,953 |
| Lease liability | 6,529,157 | 6,516,011 | 6,503,013 | 6,490,164 |
| Loan payable - related party | 6,721,429 | 7,724,452 | 7,614,689 | 7,574,870 |
| Mortgage loans, net of unamortized debt discount and debt issuance costs of 949,646 and 1,103,336 at march 31, 2026 and december 31, 2025, respectively | 47,337,648 | 48,690,776 | 54,587,784 | 54,787,093 |
| Derivative liabilities | 279,578 | 435,523 | 534,198 | 531,927 |
| Total liabilities | 66,531,093 | 68,883,927 | 74,519,974 | 73,996,772 |
| Redeemable non-controlling interests | 26,966,173 | - | 32,459,949 | - |
| Common stock, 0.01 par value, 100,000,000 shares authorized 7,882,731 and 5,443,188 shares issued and outstanding at march 31, 2026 and december 31, 2025, respectively | 59,400 | 54,431 | 54,431 | 54,431 |
| Additional paid-in capital | 30,075,515 | 29,364,047 | 29,277,797 | 29,019,047 |
| Accumulated deficit | -35,749,584 | -33,618,449 | -33,258,992 | -30,432,033 |
| Total generation income properties, inc. stockholders' (deficit) equity | -5,614,669 | -4,199,971 | -3,926,764 | -1,358,555 |
| Non-controlling interest | 392,861 | 392,861 | 392,861 | 392,861 |
| Total equity | -5,221,808 | -3,807,110 | -3,533,903 | -965,694 |
| Redeemable non-controlling interests | - | 32,187,864 | - | 31,931,200 |
| Total liabilities and equity | 88,275,458 | 97,264,681 | 103,446,020 | 104,962,278 |
GENERATION INCOME PROPERTIES, INC. (GIPR)
GENERATION INCOME PROPERTIES, INC. (GIPR)