v3.25.3
Consolidated Statements of Operations (unaudited) - USD ($)
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Revenue        
Total revenue $ 2,470,109 $ 2,400,282 $ 7,283,974 $ 7,092,690
Expenses        
General and administrative expense 585,193 577,565 1,643,464 1,632,018
Building expenses 635,717 729,062 1,975,060 2,067,356
Depreciation and amortization 1,287,112 1,068,081 3,844,454 3,474,918
Interest expense, net 1,162,436 1,098,608 4,429,454 3,142,489
Compensation costs 498,983 296,399 939,670 816,605
Total expenses 4,169,441 3,769,715 12,832,102 11,133,386
Operating loss (1,699,332) (1,369,433) (5,548,128) (4,040,696)
Other expense 0 0 (286) 0
Loss on derivative valuation (11,256) (734,116) (427,081) (308,570)
Dead deal expense (7,266) (0) (35,160) (35,873)
Loss on held for sale asset valuation 0 0 0 (1,058,994)
Loss on extinguishment of debt (0) 0 (926,398) 0
Loss on sale of property (0) 0 (44,782) 0
Net loss (1,717,854) (2,103,549) (6,981,835) (5,444,133)
Less: Net income attributable to non-controlling interest 1,109,106 866,047 2,999,612 2,612,405
Net loss attributable to Generation Income Properties, Inc. (2,826,960) (2,969,596) (9,981,447) (8,056,538)
Less: Preferred stock dividends 0 0 0 95,000
Net loss attributable to common shareholders $ (2,826,960) $ (2,969,596) $ (9,981,447) $ (8,151,538)
Total Weighted Average Shares of Common Stock Outstanding – Basic 5,443,538 5,433,833 5,444,150 5,083,640
Total Weighted Average Shares of Common Stock Outstanding – Diluted 5,443,538 5,433,833 5,444,150 5,083,640
Basic Loss Per Share Attributable to Common Stockholders $ (0.52) $ (0.55) $ (1.83) $ (1.6)
Diluted Loss Per Share Attributable to Common Stockholders $ (0.52) $ (0.55) $ (1.83) $ (1.6)
Rental Income        
Revenue        
Total revenue $ 2,454,848 $ 2,326,980 $ 7,248,050 $ 6,850,092
Other Incomes        
Revenue        
Total revenue $ 15,261 $ 73,302 $ 35,924 $ 242,598

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