Presidio Property Trust, Inc.
For the period ended Dec 31, 2024. Filed Mar 31, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Mar 31, 2025
SQFTW$0.01+3.8%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Equity
| Additional · Dividends and · Total · Non- | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Preferred Stock Series D · Common Stock · Paid-in · Accumulated · Stockholders’ · controlling · Total | |||||||||
| Shares | Amount | Shares | Amount | Capital | Losses | Equity | Interests | Equity | |
| Balance, December 31, 2022 | 913,987 | 9,140 | 11,807,893 | 118,079 | 182,122,213 | (138,341,750) | 43,907,682 | 9,013,446 | 52,921,128 |
| Net income | — | — | — | — | — | 10,146,446 | 10,146,446 | 3,031,080 | 13,177,526 |
| Dividends paid to Series A common stockholders | — | — | — | — | — | (1,194,635) | (1,194,635) | — | (1,194,635) |
| Dividends to Series D preferred stockholders | — | — | — | — | — | (2,118,846) | (2,118,846) | — | (2,118,846) |
| Distributions in excess of contributions received | — | — | — | — | — | — | — | (1,676,639) | (1,676,639) |
| Restricted stock-based compensation | — | — | — | — | (56,867) | — | (56,867) | — | (56,867) |
| Remeasurement of SPAC shares to redemption value | — | — | — | — | (405,994) | — | (405,994) | — | (405,994) |
| Accrued excise tax on SPAC redemptions | — | — | — | — | (1,140,683) | — | (1,140,683) | — | (1,140,683) |
| Reversal of accrued excise tax on SPAC redemptions prior to deconsolidation | — | — | — | — | 1,140,683 | — | 1,140,683 | — | 1,140,683 |
| Repurchase of Series D preferred stock, at cost | (23,041) | (231) | — | — | (369,755) | — | (369,986) | — | (369,986) |
| Issuance of stock-based compensation Common Stock | — | — | 27,371 | 274 | 28,466 | — | 28,740 | — | 28,740 |
| Vesting of restricted stock | — | — | 429,797 | 4,298 | 1,013,345 | — | 1,017,643 | — | 1,017,643 |
| Balance, December 31, 2023 | 890,946 | $8,909 | 12,265,061 | $122,651 | $182,331,408 | $(131,508,785) | $50,954,183 | $10,367,887 | $61,322,070 |
| Net (loss) income | — | — | — | — | — | (25,628,529) | (25,628,529) | 2,524,665 | (23,103,864) |
| Dividends to Series D preferred stockholders | — | — | — | — | — | (2,236,696) | (2,236,696) | — | (2,236,696) |
| Distributions in excess of contributions received | — | — | — | — | — | — | — | (3,429,964) | (3,429,964) |
| Restricted stock-based compensation | — | — | — | — | 1,379,080 | — | 1,379,080 | — | 1,379,080 |
| Repurchase of Series A Common Stock, at cost | — | — | (190,640) | (1,905) | (138,511) | — | (140,416) | — | (140,416) |
| Repurchase of Series D preferred stock, at cost | (2,918) | (29) | — | — | (40,881) | — | (40,910) | — | (40,910) |
| Issuance of preferred stock Series D preferred stock, net of issuance costs | 109,054 | 1,091 | — | — | 1,194,764 | — | 1,195,855 | — | 1,195,855 |
| Issuance of Series A Common Stock | — | — | 86,232 | 862 | 1,051,717 | — | 1,052,579 | (1,052,579) | — |
| Vesting of Restricted Series A Common Stock | — | — | 658,839 | 6,588 | (6,588) | — | — | — | — |
| Issuance of stock-based compensation Common Stock | — | — | 164,078 | 1,640 | 198,360 | — | 200,000 | — | 200,000 |
| Return of stock-based compensation by CEO | — | — | (149,253) | (1,493) | (198,507) | — | (200,000) | — | (200,000) |
| Balance, December 31, 2024 | 997,082 | $9,971 | 12,834,317 | $128,343 | $185,770,842 | $(159,374,010) | $26,535,146 | $8,410,009 | $34,945,155 |
See Notes to Consolidated Financial Statements.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.