INCOME OPPORTUNITY REALTY INVESTORS INC TX
For the period ended Mar 31, 2024. Filed May 9, 2024.
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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, 2024 · Filed May 9, 2024
IOR$18.52+2.9%Stored close · as of Oct 26, 2026
Contents
Item 1. Financial Statements Consolidated Balance Sheets at March 31, 2024 and December 31, 2023
CONSOLIDATED BALANCE SHEETS
(dollars in thousands, except share and par value amounts)
| March 31, 2024 | December 31, 2023 | |
|---|---|---|
| Assets | ||
| Current assets | ||
| Cash and cash equivalents | $36 | $71 |
| Interest receivable from related parties | 191 | 293 |
| Receivable from related parties | 107,272 | 106,541 |
| Total current assets | 107,499 | 106,905 |
| Non-current assets | ||
| Notes receivable from related parties | 11,173 | 11,173 |
| Total assets | $118,672 | $118,078 |
| Liabilities and Equity | ||
| Liabilities: | ||
| Accounts payable | $3 | $— |
| Shareholders’ equity | ||
| Common stock, $0.01 par value, 10,000,000 shares authorized; 4,173,675 shares issued, 4,078,106 and 4,110,714 shares outstanding at March 31, 2024 and December 31, 2023, respectively. | 42 | 42 |
| Treasury stock at cost, 95,569 shares | (1,534) | (947) |
| Additional paid-in capital | 61,955 | 61,955 |
| Retained earnings | 58,206 | 57,028 |
| Total shareholders’ equity | 118,669 | 118,078 |
| Total liabilities and equity | $118,672 | $118,078 |
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