---
schema_version: "secwatch.filing_event.v1"
accession: "0001641172-25-003059"
form_type: "8-K/A"
ticker: "SQFT"
cik: "0001080657"
company_name: "Presidio Property Trust, Inc."
filed_at: "2025-04-08T23:59:59+00:00"
generated_at: "2026-05-23T18:51:04.232498+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Presidio Property corrects net real estate assets to $127.6M; reports $27.9M net loss for 2024

## Summary
- Net loss of $27.9M ($2.25 per share) vs net income of $8.0M in 2023.
- Revenue rose 7.3% to $18.9M; net real estate assets corrected to $127.6M.
- Recognized $2.0M in impairment charges; sold 51 model homes for $24.8M (gain $3.4M).
- Net loss on Conduit investment of $17.9M; Core FFO improved to $(2.0M) from $(5.2M).
- No common dividends paid in 2024; Series D preferred dividends unchanged at $2.34372.

## SEC filing metadata
- accession: 0001641172-25-003059
- form_type: 8-K/A
- ticker: SQFT
- cik: 0001080657
- company_name: Presidio Property Trust, Inc.
- filed_at: 2025-04-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1080657/000164117225003059/0001641172-25-003059-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1080657/000164117225003059/form8-ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-003059
- JSON: https://secwatch.observer/filing/0001641172-25-003059.json
- Plain text: https://secwatch.observer/filing/0001641172-25-003059.txt

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