INTERGROUP CORP
For the period ended Dec 31, 2024. Filed Feb 14, 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.
Dec 31, 2024 · Filed Feb 14, 2025
INTG$38.54-0.3%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
PART I – FINANCIAL INFORMATION
PART I
FINANCIAL INFORMATION
CONDENSED CONSOLIDATED BALANCE SHEETS
Item 1 - Condensed Consolidated Financial Statements
| As of | December 31, 2024 | June 30, 2024 |
|---|---|---|
| (unaudited) | ||
| ASSETS | ||
| Investment in Hotel, net | $39,684,000 | $40,901,000 |
| Investment in real estate, net | 46,957,000 | 47,542,000 |
| Investment in marketable securities | 5,657,000 | 7,454,000 |
| Cash and cash equivalents | 10,420,000 | 4,333,000 |
| Restricted cash | 3,966,000 | 4,361,000 |
| Other assets, net | 3,910,000 | 3,220,000 |
| Total assets | $110,594,000 | $107,811,000 |
| LIABILITIES AND SHAREHOLDERS’ DEFICIT | ||
| Liabilities: | ||
| Accounts payable and other liabilities - Hotel | $16,099,000 | $13,757,000 |
| Accounts payable and other liabilities | 3,455,000 | 4,265,000 |
| Obligations for securities sold | 673,000 | 188,000 |
| Other notes payable | 2,263,000 | 2,388,000 |
| Deferred tax liability | 4,724,000 | 4,724,000 |
| Mortgage notes payable - Hotel, net | 100,289,000 | 100,783,000 |
| Mortgage notes payable - real estate, net | 94,426,000 | 88,173,000 |
| Total liabilities | 221,929,000 | 214,278,000 |
| 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; 2,155,209 and 2,178,955 outstanding, respectively | 38,000 | 38,000 |
| Additional paid-in capital | 3,574,000 | 3,648,000 |
| Accumulated deficit | (65,755,000) | (62,632,000) |
| Treasury stock, at cost, 1,304,679 and 1,280,933 shares, respectively | (21,776,000) | (21,393,000) |
| Total InterGroup shareholders’ deficit | (83,919,000) | (80,339,000) |
| Noncontrolling interest | (27,416,000) | (26,128,000) |
| Total shareholders’ deficit | (111,335,000) | (106,467,000) |
| Total liabilities and shareholders’ deficit | $110,594,000 | $107,811,000 |
-3-
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.