v3.26.1
Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Investments in real estate    
Land and improvements $ 142,584 $ 150,566
Buildings and improvements 236,118 244,627
Construction in progress 182 87
Intangible assets 5,717 5,717
Accumulated depreciation and amortization (40,621) (38,860)
Total investments in real estate, net 343,980 362,137
Cash and cash equivalents 8,503 8,349
Cash – restricted 5,686 6,935
Accounts receivable, net 3,213 3,985
Other assets 1,401 1,058
Total assets 362,783 382,464
Liabilities    
Notes payable, net 174,081 181,771
Line of credit 25,895 25,895
Accrued preferred distributions and redemptions 167 67
Total liabilities 212,710 223,419
Mobile Infrastructure Corporation Stockholders’ Equity    
Warrants issued and outstanding – 2,553,192 warrants as of March 31, 2026 and December 31, 2025 3,319 3,319
Common stock, $0.0001 par value, 500,000,000 shares authorized, 39,292,464 and 39,662,049 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively 2 2
Additional paid-in capital 297,762 299,446
Accumulated deficit (168,551) (161,496)
Total Mobile Infrastructure Corporation Stockholders’ Equity 132,532 141,271
Non-controlling interest 17,541 17,774
Total equity 150,073 159,045
Total liabilities and equity 362,783 382,464
Nonrelated Party [Member]    
Liabilities    
Accounts Payable and Accrued Liabilities 12,077 15,196
Related Party [Member]    
Liabilities    
Accounts Payable and Accrued Liabilities 490 490
Series A Preferred Stock [Member]    
Investments in real estate    
Real Estate Investment Property, at Cost 384,601 400,997
Mobile Infrastructure Corporation Stockholders’ Equity    
Preferred stock, value 0 0
Series 1 Preferred Stock [Member]    
Mobile Infrastructure Corporation Stockholders’ Equity    
Preferred stock, value 0 0
Series 2 Preferred Stock [Member]    
Mobile Infrastructure Corporation Stockholders’ Equity    
Preferred stock, value $ 0 $ 0

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