For the quarter ending 2025-09-30, GIPRW has $103,446,020 in assets. $74,519,974 in debts. $247,288 in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Land | 20,055,577 | 23,998,591 | ||
| Building and site improvements | 67,133,859 | 70,929,505 | ||
| Acquired tenant improvements | 2,434,465 | 2,550,388 | ||
| Acquired lease intangible assets | 9,444,402 | 11,140,166 | ||
| Less accumulated depreciation and amortization | 14,065,544 | 14,119,815 | ||
| Net real estate investments | 85,002,759 | 94,498,835 | ||
| Cash and cash equivalents | 247,288 | 356,130 | ||
| Restricted cash | 34,500 | 34,500 | ||
| Deferred rent asset | 382,377 | 361,207 | ||
| Prepaid expenses | 362,681 | 400,474 | ||
| Accounts receivable | 6,144 | 37,175 | ||
| Escrow deposit and other assets | 675,298 | 588,290 | ||
| Held for sale assets | 10,726,355 | 2,657,414 | ||
| Right-of-use asset, net | 6,008,618 | 6,028,253 | ||
| Total assets | 103,446,020 | 104,962,278 | ||
| Accounts payable | 611,408 | 416,097 | ||
| Accrued expenses | 1,971,367 | 1,347,395 | ||
| Accrued expense - related party | 949,026 | 877,970 | ||
| Acquired lease intangible liabilities, net | 1,445,993 | 1,485,894 | ||
| Insurance payable | 128,838 | 306,409 | ||
| Deferred rent liability | 173,658 | 178,953 | ||
| Lease liability | 6,503,013 | 6,490,164 | ||
| Loan payable - related party | 7,614,689 | 7,574,870 | ||
| Mortgage loans, net of unamortized debt discount of 1,174,962 and 1,103,336 at september 30, 2025 and december 31, 2024, respectively, and debt issuance costs | 54,587,784 | 54,787,093 | ||
| Derivative liabilities | 534,198 | 531,927 | ||
| Total liabilities | 74,519,974 | 73,996,772 | ||
| Redeemable non-controlling interests | 32,459,949 | - | ||
| Common stock, 0.01 par value, 100,000,000 shares authorized 5,447,772 and 5,443,188 shares issued and outstanding at september 30, 2025 and december 31, 2024, respectively | 54,431 | 54,431 | ||
| Additional paid-in capital | 29,277,797 | 29,019,047 | ||
| Accumulated deficit | -33,258,992 | -30,432,033 | ||
| Total generation income properties, inc. stockholders' (deficit) equity | -3,926,764 | -1,358,555 | ||
| Non-controlling interest | 392,861 | 392,861 | ||
| Redeemable non-controlling interests | - | 31,931,200 | ||
| Total equity | -3,533,903 | -965,694 | ||
| Total liabilities and equity | 103,446,020 | 104,962,278 | ||
GENERATION INCOME PROPERTIES, INC. (GIPRW)
GENERATION INCOME PROPERTIES, INC. (GIPRW)