Presidio Q2 net loss $5.9M ($5.13/sh); impairments total $4.3M; revenue $4.4M

Presidio Property Trust, Inc.

Net loss of $5.9M ($5.13 diluted) vs $12.4M loss ($9.97) in Q2 2024; loss narrowed but remains negative.
Total revenues $4.4M, down from $4.6M YoY; G&A expenses halved to $1.2M.
Impairment charges of $4.3M: $3.3M on Dakota Center (pending short sale) and $0.9M on Shea Center II.
Sold 7 model homes for $3.1M net (gain $0.3M); acquired 10 model homes for $5.1M.
Core FFO improved to -$95k from -$0.4M; Series D preferred dividends unchanged at $0.58593/sh.

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