Power REIT

For the period ended Mar 31, 2025. Filed May 14, 2025.

About 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.

Mar 31, 2025 · Filed May 14, 2025

PW$6.75+0.7%Stored close · as of Nov 6, 2026

See the whole filing, with its images and exhibits

Contents

Consolidated Statements of Operations for the three months ended March 31, 2025 and 2024

CONSOLIDATED STATEMENTS OF OPERATIONS

	Three Months Ended March 31,
2025 · 2024
REVENUE
Lease income from direct financing lease – railroad		$228,750		$228,750
Rental income		210,779		260,639
Other income		46,265		45,223
TOTAL REVENUE		485,794		534,612
EXPENSES
Amortization of intangible assets		56,872		56,872
General and administrative		326,928		453,653
Property expenses		419,415		384,895
Property taxes		65,011		57,668
Depreciation expense		2,702		488,197
Impairment expense		-		549,557
Interest expense		998,908		1,015,162
TOTAL EXPENSES		1,869,836		3,006,004
OTHER INCOME (EXPENSE)
Gain on sale of properties		-		394,394
Unrealized loss on marketable securities		(29,070)		-
TOTAL OTHER INCOME (EXPENSE)		(29,070)		394,394
NET LOSS		(1,413,112)		(2,076,998)
Preferred Stock Dividends		(163,207)		(163,207)
NET LOSS ATTRIBUTABLE TO COMMON SHAREHOLDERS		$(1,576,319)		$(2,240,205)
Loss Per Common Share:
Basic		$(0.47)		$(0.66)
Diluted		(0.47)		(0.66)
Weighted Average Number of Shares Outstanding:
Basic		3,389,661		3,389,661
Diluted		3,389,661		3,389,661
Cash dividend per Series A Preferred Share:	$	-	$	-
Accumulated undeclared dividend per Series A Preferred Shares:		0.48		0.48

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.