Broad Street Realty, Inc. (BRST) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
11911 FREEDOM DRIVE RESTON, VA 20190 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 65 - Real Estate (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 9,779 | 12,356 | 2,786 | 4,105 | 9,068 | 140 | |||
| Cash and cash equivalents | 9,779 | 12,356 | 2,786 | 4,105 | 9,068 | 140 | |||
| Receivables | 35 | 101 | 82 | 59 | 113 | ||||
| Other undisclosed current assets | 34 | ||||||||
| Total current assets: | 9,814 | 12,457 | 2,868 | 4,164 | 9,181 | 174 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 1,494 | 695 | 852 | 1,287 | 1,284 | ✕ | |||
| Property, plant and equipment | 144 | 64 | 68 | 107 | 101 | 19 | |||
| Intangible assets, net (including goodwill) | 33,374 | 41,228 | 35,435 | 20,619 | 20,222 | ||||
| Intangible assets, net (excluding goodwill) | 33,374 | 41,228 | 35,435 | 20,619 | 20,222 | ||||
| Derivative instruments and hedges | 3,426 | ||||||||
| Deferred costs | 2,038 | 1,858 | 1,115 | 917 | 1,307 | ||||
| Total noncurrent assets: | 37,050 | 47,271 | 37,470 | 22,930 | 22,914 | 19 | |||
| Other undisclosed assets | 304,255 | 342,558 | 211,331 | 164,332 | 160,215 | ||||
| TOTAL ASSETS: | 351,119 | 402,286 | 251,669 | 191,426 | 192,310 | 192 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 93 | ||||||||
| Interest and dividends payable | ✕ | ✕ | ✕ | 27 | |||||
| Other undisclosed accounts payable and accrued liabilities | 65 | ||||||||
| Debt | 33 | ||||||||
| Other undisclosed current liabilities | 27 | ||||||||
| Total current liabilities: | 153 | ||||||||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 633 | 5,521 | 11,693 | 14,234 | 18,089 | ||||
| Deferred income tax liabilities | 3,968 | 8,964 | 11,853 | 14,650 | ✕ | ||||
| Off-market lease, unfavorable | 633 | 1,553 | 2,729 | 2,381 | 3,439 | ||||
| Total noncurrent liabilities: | 633 | 5,521 | 11,693 | 14,234 | 18,089 | ||||
| Other undisclosed liabilities | 247,396 | 284,323 | 191,852 | 133,708 | 122,785 | ||||
| Total liabilities: | 248,029 | 289,844 | 203,545 | 147,942 | 140,874 | 153 | |||
| Temporary equity, carrying amount | 87,288 | 73,697 | |||||||
| Equity | |||||||||
| Equity, attributable to parent | 19,680 | 39,182 | 50,798 | 44,812 | 51,385 | 39 | |||
| Preferred stock | 0 | ||||||||
| Common stock | 334 | 323 | 319 | 225 | 216 | 26 | |||
| Additional paid in capital | 55,186 | 72,097 | 70,022 | 54,622 | 53,059 | 111,862 | |||
| Accumulated other comprehensive income | 547 | 56 | |||||||
| Accumulated deficit | (36,387) | (33,294) | (19,543) | (10,035) | (1,890) | (111,849) | |||
| Equity, attributable to noncontrolling interest | (3,878) | (437) | (2,674) | (1,328) | 51 | ||||
| Total equity: | 15,802 | 38,745 | 48,124 | 43,484 | 51,436 | 39 | |||
| TOTAL LIABILITIES AND EQUITY: | 351,119 | 402,286 | 251,669 | 191,426 | 192,310 | 192 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 42,169 | 32,951 | 25,349 | 19,659 | 7,242 | |||
| Operating lease, lease income | 38,990 | 29,871 | 21,408 | 15,864 | 242 | ✕ | ||
| Gross profit: | 42,169 | 32,951 | 25,349 | 19,659 | 7,242 | |||
| Operating expenses | (48,275) | (41,773) | (31,413) | (24,769) | (8,850) | |||
| Other undisclosed operating income (loss) | 11,486 | (601) | ||||||
| Operating income (loss): | 5,380 | (8,822) | (6,064) | (5,110) | (1,608) | (601) | ||
| Nonoperating expense | (16,025) | (13,308) | (8,213) | (7,447) | (4,166) | |||
| Other nonoperating expense | (16,025) | (13,308) | (8,213) | (7,447) | (4,166) | |||
| Interest and debt expense | (43) | (59) | (8,433) | (6,676) | (3,148) | (2) | ||
| Loss from continuing operations before equity method investments, income taxes: | (10,688) | (22,189) | (22,710) | (19,233) | (8,922) | (603) | ||
| Other undisclosed income from continuing operations before income taxes | 43 | |||||||
| Loss from continuing operations before income taxes: | (10,645) | (22,189) | (22,710) | (19,233) | (8,922) | (603) | ||
| Income tax expense (benefit) | 3,628 | 5,857 | 3,533 | 3,033 | 704 | |||
| Loss from continuing operations: | (7,017) | (16,332) | (19,177) | (16,200) | (8,218) | (603) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (19,177) | (16,200) | (8,218) | (603) | |
| Other undisclosed net income | 59 | 8,433 | 6,676 | 3,148 | ||||
| Net loss: | (7,017) | (16,273) | (10,744) | (9,524) | (5,070) | (603) | ||
| Net income attributable to noncontrolling interest | 3,924 | 2,522 | 1,236 | 1,379 | 3,180 | |||
| Net loss attributable to parent: | (3,093) | (13,751) | (9,508) | (8,145) | (1,890) | (603) | ||
| Preferred stock dividends and other adjustments | (5) | |||||||
| Net loss available to common stockholders, diluted: | (3,093) | (13,751) | (9,508) | (8,145) | (1,890) | (608) | ||
Comprehensive Income ($ in thousands)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (7,017) | (16,273) | (10,744) | (9,524) | (5,070) | (603) | ||
| Other comprehensive loss | (6,526) | (16,217) | ||||||
| Comprehensive loss: | (13,543) | (32,490) | (10,744) | (9,524) | (5,070) | (603) | ||
| Comprehensive income, net of tax, attributable to noncontrolling interest | 3,924 | 2,522 | 1,236 | 1,379 | 3,180 | |||
| Comprehensive loss, net of tax, attributable to parent: | (9,619) | (29,968) | (9,508) | (8,145) | (1,890) | (603) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.