STRATUS PROPERTIES INC
For the period ended Jun 30, 2025. Filed Aug 12, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2025 · Filed Aug 12, 2025
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Comprehensive Income (Loss) (Unaudited)
(In Thousands, Except Per Share Amounts)
| Three Months Ended · Six Months Ended | ||||
|---|---|---|---|---|
| June 30, | June 30, | |||
| 2025 | 2024 | 2025 | 2024 | |
| Revenues: | ||||
| Real estate operations | $6,798 | $3,629 | $6,823 | $25,752 |
| Leasing operations | 4,807 | 4,861 | 9,825 | 9,245 |
| Total revenues | 11,605 | 8,490 | 16,648 | 34,997 |
| Cost of sales: | ||||
| Real estate operations | 10,285 | 4,424 | 11,765 | 19,702 |
| Leasing operations | 2,146 | 1,742 | 4,059 | 3,420 |
| Depreciation and amortization | 1,376 | 1,402 | 2,770 | 2,803 |
| Total cost of sales | 13,807 | 7,568 | 18,594 | 25,925 |
| General and administrative expenses | 3,557 | 3,842 | 7,608 | 8,307 |
| Gain on sale of assets | (5,000) | — | (5,200) | — |
| Total | 12,364 | 11,410 | 21,002 | 34,232 |
| Operating (loss) income | (759) | (2,920) | (4,354) | 765 |
| Interest expense, net | (277) | — | (277) | — |
| Loss on interest rate cap agreements | (9) | — | (22) | — |
| Loss on extinguishment of debt | — | — | (183) | (59) |
| Other (loss) income, net | (793) | 186 | (729) | 359 |
| (Loss) income before income taxes | (1,838) | (2,734) | (5,565) | 1,065 |
| Provision for income taxes | (457) | (44) | (487) | (146) |
| Net (loss) income and total comprehensive (loss) income | (2,295) | (2,778) | (6,052) | 919 |
| Total comprehensive loss attributable to noncontrolling interests | 2,555 | 1,053 | 3,437 | 1,908 |
| Net income (loss) and total comprehensive income (loss) attributable to common stockholders | $260 | $(1,725) | $(2,615) | $2,827 |
| Net income (loss) per share attributable to common stockholders (basic and diluted) | $0.03 | $(0.21) | $(0.32) | $0.35 |
| Weighted-average shares of common stock outstanding: | ||||
| Basic | 8,082 | 8,072 | 8,060 | 8,049 |
| Diluted | 8,176 | 8,072 | 8,060 | 8,172 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.