Generation Income Properties Inc. (GIPRW) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
401 EAST JACKSON STREET TAMPA, FL 33602 |
| State of Incorp. | MD |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6798 - Real Estate Investment Trusts (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2025 MRQ | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |||
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Current Assets | |||||||
| Cash, cash equivalents, and short-term investments | 613 | 3,117 | 3,718 | 10,590 | |||
| Cash and cash equivalent | 613 | 3,117 | 3,718 | 10,590 | |||
| Receivables | 48 | 241 | 96 | 89 | |||
| Prepaid expense | 196 | 280 | 271 | 188 | |||
| Deferred costs | 1,280 | 1,280 | |||||
| Total current assets: | 857 | 3,639 | 5,366 | 12,146 | |||
| Noncurrent Assets | |||||||
| Operating lease, right-of-use asset | 6,068 | 6,152 | 6,233 | ||||
| Property, plant, and equipment, after accumulated depreciation, depletion, and amortization | 23,289 | 21,997 | 12,578 | ||||
| Intangible asset, including goodwill, after accumulated amortization | 6,684 | 7,990 | 3,155 | 2,309 | |||
| Intangible asset, excluding goodwill, after accumulated amortization | 6,684 | 7,990 | 3,155 | 2,309 | |||
| Total noncurrent assets: | 36,040 | 36,139 | 21,966 | 2,309 | |||
| Other undisclosed assets | 69,666 | 68,914 | 36,879 | 38,966 | |||
| TOTAL ASSETS: | 106,564 | 108,691 | 64,210 | 53,421 | |||
| LIABILITIES AND EQUITY | |||||||
| Liabilities | |||||||
| Current Liabilities | |||||||
| Noncurrent Liabilities | |||||||
| Liabilities, other than long-term debt | 170 | 537 | 2,587 | ||||
| Due to related parties | ✕ | ✕ | ✕ | 2,587 | |||
| Derivative instruments and hedges, liabilities | 170 | 537 | |||||
| Total noncurrent liabilities: | 170 | 537 | 2,587 | ||||
| Other undisclosed liabilities | 73,541 | 73,633 | 44,696 | 30,146 | |||
| Total liabilities: | 73,710 | 74,170 | 47,284 | 30,146 | |||
| Temporary equity, including noncontrolling interest | 26,665 | 30,450 | 5,790 | 9,621 | |||
| Equity | |||||||
| Equity, attributable to parent | 5,796 | 3,665 | 10,692 | 13,654 | |||
| Common stock | 54 | 26 | 25 | 22 | |||
| Additional paid in capital | 29,019 | 18,472 | 19,308 | 19,052 | |||
| Accumulated deficit | (23,278) | (14,833) | (8,641) | (5,420) | |||
| Equity, attributable to noncontrolling interest | 393 | 406 | 445 | ||||
| Total equity: | 6,189 | 4,071 | 11,137 | 13,654 | |||
| Other undisclosed liabilities and equity | |||||||
| TOTAL LIABILITIES AND EQUITY: | 106,564 | 108,691 | 64,210 | 53,421 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | ||
|---|---|---|---|---|---|---|
| Revenues | 9,763 | 7,633 | 5,432 | 3,900 | ||
| Gross profit: | 9,763 | 7,633 | 5,432 | 3,900 | ||
| Operating expenses | (14,895) | (11,089) | (7,898) | (5,548) | ||
| Operating loss: | (5,132) | (3,456) | (2,466) | (1,648) | ||
| Nonoperating income (Investment Income, Nonoperating) | 12 | |||||
| Interest and debt expense | (144) | |||||
| Loss from continuing operations: | (5,132) | (3,456) | (2,610) | (1,636) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | (1,636) | |
| Other undisclosed net income (loss) | 259 | (985) | (137) | 923 | ||
| Net loss: | (4,873) | (4,441) | (2,747) | (712) | ||
| Net loss attributable to noncontrolling interest | (3,477) | (1,276) | (490) | (530) | ||
| Net loss available to common stockholders, diluted: | (8,349) | (5,717) | (3,238) | (1,242) | ||
Comprehensive Income ($ in thousands)
| 9/30/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | ||
|---|---|---|---|---|---|---|
| Net loss: | (4,873) | (4,441) | (2,747) | (712) | ||
| Comprehensive loss: | (4,873) | (4,441) | (2,747) | (712) | ||
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (3,477) | (1,276) | (490) | (530) | ||
| Other undisclosed comprehensive income, net of tax, attributable to parent | ||||||
| Comprehensive loss, net of tax, attributable to parent: | (8,349) | (5,717) | (3,238) | (1,242) | ||
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.