---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-024043"
form_type: "8-K"
ticker: "SQFT"
cik: "0001080657"
company_name: "Presidio Property Trust, Inc."
filed_at: "2026-05-18T10:15:41+00:00"
generated_at: "2026-05-18T10:20:52.513899+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Presidio Property Trust posts Q1 net loss of $130K vs prior-year income; revenue down 7%

## Summary
- Net loss of ~$130K vs $1.7M income a year ago; diluted EPS -$0.10 vs +$1.31.
- Total revenue $3.8M, down from $4.1M, driven by Dakota Center sale and lower commercial income.
- Impairment charge of $524K (Shea Center II) and $3.4M gain on Dakota Center sale.
- FFO (non-GAAP) worsened to -$2.1M from -$1.2M; Core FFO -$1.9M from -$1.0M.
- CEO took 5% pay cut; board reducing one director; loan amended to lower floor rate by 1.5 points.

## SEC filing metadata
- accession: 0001493152-26-024043
- form_type: 8-K
- ticker: SQFT
- cik: 0001080657
- company_name: Presidio Property Trust, Inc.
- filed_at: 2026-05-18T10:15:41+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1080657/000149315226024043/0001493152-26-024043-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1080657/000149315226024043/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-024043
- JSON: https://secwatch.observer/filing/0001493152-26-024043.json
- Plain text: https://secwatch.observer/filing/0001493152-26-024043.txt

## Key facts
- Earnings Releases
  Presidio Property Trust, Inc. reported the quarter ended March 31, 2026 results: revenue approximately $3.8 million, net income approximately $(129,632), EPS $(0.10) per basic and diluted share.
  - Period: the quarter ended March 31, 2026
  - Revenue: approximately $3.8 million
  - Net income: approximately $(129,632)
  - EPS: $(0.10) per basic and diluted share
  - Result: reported results
  source text: share for the three months ended March 31, 2025. The change in net income attributable to the Company’s common stockholders was a result of: ● Total revenues were approximately $3.8 million for the three months ended March 31, 2026, compared to approximately $4.1 million for the same period in 2025. As of March 31, 2026, we had approximately $100.5 million in net
  evidence_url: https://www.sec.gov/Archives/edgar/data/1080657/000149315226024043/0001493152-26-024043-index.htm

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