---
schema_version: "secwatch.filing_event.v1"
accession: "0001387131-23-006386"
form_type: "8-K"
ticker: "IOR"
cik: "0000949961"
company_name: "INCOME OPPORTUNITY REALTY INVESTORS INC /TX/"
filed_at: "2023-05-11T23:59:59+00:00"
generated_at: "2026-06-15T05:39:13.615259+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# IOR Q1 net income $1.1M ($0.25/diluted) up from $0.6M ($0.15) YoY

## Summary
- Net income attributable to common shares $1.1M ($0.25 per diluted share) vs. $0.6M ($0.15) in Q1 2022.
- Increase driven by higher interest income from related parties: $1.866M vs $1.252M on rising rates.
- Operating loss widened to $537K from $460K on higher G&A and advisory fees.
- No other income; income tax provision $279K vs $166K; weighted shares unchanged at 4,168,414.
- Net income increased 68% YoY despite a 17% rise in total operating expenses.

## SEC filing metadata
- accession: 0001387131-23-006386
- form_type: 8-K
- ticker: IOR
- cik: 0000949961
- company_name: INCOME OPPORTUNITY REALTY INVESTORS INC /TX/
- filed_at: 2023-05-11T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/949961/000138713123006386/0001387131-23-006386-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/949961/000138713123006386/ior-8k_051123.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001387131-23-006386
- JSON: https://secwatch.observer/filing/0001387131-23-006386.json
- Plain text: https://secwatch.observer/filing/0001387131-23-006386.txt

## Key facts
- Earnings Releases
  INCOME OPPORTUNITY REALTY INVESTORS INC /TX/ reported the quarter ended March 31, 2023 results: net income $1.1 million, EPS $0.25 per diluted share.
  - Period: the quarter ended March 31, 2023
  - Net income: $1.1 million
  - EPS: $0.25 per diluted share
  - Result: reported results
  source text: For the three months ended March 31, 2023, we reported net income attributable to common shares of $1.1 million or $0.25 per diluted share compared to a net income of $0.6 million or $0.15 per share for the same period in 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/949961/000138713123006386/0001387131-23-006386-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.