secwatch.observer — SEC 8-K summary
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Issuer:     Presidio Property Trust, Inc. (SQFT)
CIK:        0001080657
Form:       8-K
Filed at:   2025-08-14T23:59:59+00:00
Accession:  0001641172-25-024137
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1080657/000164117225024137/0001641172-25-024137-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1080657/000164117225024137/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001641172-25-024137

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer