secwatch.observer — SEC 8-K summary
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Issuer:     Presidio Property Trust, Inc. (SQFT)
CIK:        0001080657
Form:       8-K
Filed at:   2023-03-29T23:59:59+00:00
Accession:  0001493152-23-009361
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Presidio Property Trust Q4 net loss narrows to $0.07/share; FFO rises to $132K
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- Net loss attributable to common stockholders was $(780K) or $(0.07) per share, vs. $(1.5M) or $(0.13) in Q4 2021.
- FFO (non-GAAP) increased to $132K from $62K; Core FFO fell 26% to $597K from $808K.
- Acquired 31 model home properties for $15.6M; sold 31 model homes for $17.5M (gain $5.4M) and World Plaza for $10.0M (loss $0.3M).
- Signed 53 leases for ~224,000 sq ft in 2022 (47% new, 53% renewals); Q4 signed 11 leases for ~66,000 sq ft.
- Dividends: Series A common $0.105 (Q1), $0.106 (Q2), $0.020/$0.021 (Q3); Series D preferred $2.34372 for 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1080657/000149315223009361/0001493152-23-009361-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1080657/000149315223009361/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-009361

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