INCOME OPPORTUNITY REALTY INVESTORS INC TX
For the period ended Dec 31, 2023. Filed Mar 21, 2024.
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FY2023 · Filed Mar 21, 2024
IOR$18.25+1.4%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 at December 31, 2023 and 2022
(dollars in thousands, except par value amounts)
| December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| Assets | ||
| Current assets | ||
| Cash and cash equivalents | $71 | $6 |
| Interest receivable from related parties | 293 | 676 |
| Receivable from related parties | 106,541 | 100,134 |
| Total current assets | 106,905 | 100,816 |
| Non-current assets | ||
| Notes receivable from related parties | 11,173 | 11,173 |
| Total assets | $118,078 | $111,989 |
| Liabilities and Equity | ||
| Liabilities: | ||
| Accounts payable | $— | $4 |
| Shareholders’ equity | ||
| Common stock, $0.01 par value, 10,000,000 shares authorized; 4,173,675 shares issued; and 4,110,714 and 4,168,414 outstanding at December 31, 2023 and 2022, respectively | 42 | 42 |
| Treasury stock at cost, 62,961 shares and 5,261 shares at December 31, 2023 and 2022, respectively | (947) | (39) |
| Additional paid-in capital | 61,955 | 61,955 |
| Retained earnings | 57,028 | 50,027 |
| Total shareholders’ equity | 118,078 | 111,985 |
| Total liabilities and equity | $118,078 | $111,989 |
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