v3.25.1
Consolidated Statements of Operations (unaudited) - USD ($)
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenue    
Total revenue $ 2,381,595 $ 2,433,173
Expenses    
General and administrative expense 505,378 449,797
Building expenses 636,225 654,667
Depreciation and amortization 1,292,761 1,226,605
Interest expense, net 1,182,267 1,020,741
Compensation costs 240,745 282,015
Total expenses 3,857,376 3,633,825
Operating loss (1,475,781) (1,200,652)
Other expense (286) 0
(Loss) gain on derivative valuation (293,499) 380,550
Dead deal expense (27,894) (0)
Gain (loss) on held for sale asset valuation (0) (1,058,994)
Net loss (1,797,460) (1,879,096)
Less: Net income attributable to non-controlling interests 934,399 946,124
Net loss attributable to Generation Income Properties, Inc. (2,731,859) (2,825,220)
Less: Preferred stock dividends 0 95,000
Net loss attributable to common shareholders $ (2,731,859) $ (2,920,220)
Total Weighted Average Shares of Common Stock Outstanding – Basic 5,443,188 4,390,489
Total Weighted Average Shares of Common Stock Outstanding – Diluted 5,443,188 4,390,489
Basic Loss Per Share Attributable to Common Stockholders $ (0.5) $ (0.67)
Diluted Loss Per Share Attributable to Common Stockholders $ (0.5) $ (0.67)
Rental Income    
Revenue    
Total revenue $ 2,371,297 $ 2,274,730
Other Incomes    
Revenue    
Total revenue $ 10,298 $ 158,443

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