v3.26.1
Consolidated Statements of Operations (unaudited) - USD ($)
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Revenue    
Total revenue $ 2,184,204 $ 2,381,595
Expenses    
General and administrative expense 406,443 505,378
Building expenses 509,738 636,225
Depreciation and amortization 1,134,428 1,292,761
Interest expense, net 981,598 1,182,267
Compensation costs 388,689 240,745
Total expenses 3,420,896 3,857,376
Operating loss (1,236,692) (1,475,781)
Other expense (237) (286)
Loss on derivative valuation 155,851 (293,499)
Dead deal expense 0 (27,894)
Loss on transfer of LLC interests in satisfaction of debt (185,069) 0
Net loss (1,266,147) (1,797,460)
Less: Net income attributable to non-controlling interest 864,988 934,399
Net loss attributable to Generation Income Properties, Inc. $ (2,131,135) $ (2,731,859)
Total Weighted Average Shares of Common Stock Outstanding – Basic 6,814,332 5,443,188
Total Weighted Average Shares of Common Stock Outstanding – Diluted 6,814,332 5,443,188
Basic Loss Per Share Attributable to Common Stockholders $ (0.31) $ (0.5)
Diluted Loss Per Share Attributable to Common Stockholders $ (0.31) $ (0.5)
Rental Income    
Revenue    
Total revenue $ 2,173,736 $ 2,371,297
Other Incomes    
Revenue    
Total revenue $ 10,468 $ 10,298

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