INTERGROUP CORP
For the period ended Jun 30, 2024. Filed Oct 1, 2024.
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FY2024 · Filed Oct 1, 2024
INTG$38.91+0.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets - June 30, 2024 and 2023
CONSOLIDATED BALANCE SHEETS
| As of June 30, | 2024 | 2023 |
|---|---|---|
| ASSETS | ||
| Investment in Hotel, net | $40,901,000 | $40,318,000 |
| Investment in real estate, net | 47,542,000 | 48,057,000 |
| Investment in marketable securities | 7,454,000 | 18,345,000 |
| Cash and cash equivalents | 4,333,000 | 5,960,000 |
| Restricted cash | 4,361,000 | 6,914,000 |
| Other assets | 3,220,000 | 2,764,000 |
| Total assets | $107,811,000 | $122,358,000 |
| LIABILITIES AND SHAREHOLDERS’ DEFICIT | ||
| Liabilities: | ||
| Accounts payable and other liabilities | $4,265,000 | $2,574,000 |
| Accounts payable and other liabilities – Hotel | 13,757,000 | 11,616,000 |
| Due to securities broker | - | 1,601,000 |
| Obligations for securities sold | 188,000 | 1,416,000 |
| Other notes payable | 2,388,000 | 2,954,000 |
| Deferred tax liability | 4,724,000 | 4,927,000 |
| Mortgage notes payable - Hotel | 100,783,000 | 107,117,000 |
| Mortgage notes payable - real estate | 88,173,000 | 84,757,000 |
| Total liabilities | 214,278,000 | 216,962,000 |
| Commitments and contingencies - Note 17 | - | - |
| Shareholders’ deficit: | ||
| Preferred stock, $.01 par value, 100,000 shares authorized; none issued | - | - |
| Common stock, $.01 par value, 4,000,000 shares authorized; 3,459,888 and 3,459,888 issued; 2,178,955 and 2,205,927 outstanding as of June 30, 2024 and 2023, respectively | 38,000 | 33,000 |
| Additional paid-in capital | 3,648,000 | 2,445,000 |
| Accumulated deficit | (62,632,000) | (52,835,000) |
| Treasury stock, at cost, 1,280,933 and 1,253,961 shares as of June 30, 2024 and 2023, respectively | (21,393,000) | (20,794,000) |
| Total InterGroup shareholders’ deficit | (80,339,000) | (71,151,000) |
| Non-controlling interest | (26,128,000) | (23,453,000) |
| Total shareholders’ deficit | (106,467,000) | (94,604,000) |
| Total liabilities and shareholders’ deficit | $107,811,000 | $122,358,000 |
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