For the year ending 2025-12-31, PW made $2,011,783 in revenue. -$2,847,910 in net income. Net profit margin of -141.56%.
| Income Statement | 2025-12-31 | 2024-12-31 | ||
|---|---|---|---|---|
| Total revenue | 2,011,783 | 3,049,875 | ||
| Amortization of intangible assets | 227,488 | 227,488 | ||
| General and administrative | 1,174,366 | 1,494,339 | ||
| Property expenses and taxes | 967,258 | 1,583,017 | ||
| Depreciation expense | 63,551 | 819,893 | ||
| Impairment expense/allowance for receivable | 1,159,204 | 19,954,260 | ||
| Property taxes | - | 413,319 | ||
| Interest expense | 2,058,446 | 3,866,140 | ||
| Total expenses | 5,650,313 | 28,358,456 | ||
| Gain (loss) on sale of properties | -7,628 | 247,136 | ||
| Gain on extinguishment of debt | 1,092,670 | 350,704 | ||
| Unrealized loss on marketable securities | -19,172 | - | ||
| Realized gain on marketable securities | 377,578 | - | ||
| Total other income | 1,443,448 | 597,840 | ||
| Net loss | -2,195,082 | -24,710,741 | ||
| Preferred stock dividends | 652,828 | 652,828 | ||
| Net loss attributable to common shareholders | -2,847,910 | -25,363,569 | ||
| Basic EPS | -0.83 | -7.48 | ||
| Diluted EPS | -0.83 | -7.48 | ||
| Basic Average Shares | 3,413,861 | 3,389,661 | ||
| Diluted Average Shares | 3,413,861 | 3,389,661 | ||
Power REIT (PW)
Power REIT (PW)