v3.24.2.u1
Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenues        
Managed property revenue $ 7,226 $ 0 $ 12,727 $ 0
Total revenues 9,266 7,214 18,093 14,317
Operating expenses        
Property taxes 1,809 1,742 3,713 3,498
Property operating expense 1,824 533 3,345 1,051
Depreciation and amortization 2,096 2,130 4,189 4,256
General and administrative 2,909 2,444 5,926 5,063
Professional fees 260 327 949 795
Organizational, offering and other costs 0 84 0 117
Impairment 0 0 157 0
Total expenses 8,898 7,260 18,279 14,780
Other        
Interest expense (3,087) (3,676) (6,066) (7,276)
(Loss) Gain on sale of real estate 0 0 (42) 660
Other (expense) income, net (60) 15 (128) 30
Change in fair value of Earn-Out liability 310 0 964 0
Total other expense (2,837) (3,661) (5,272) (6,586)
Net loss (2,469) (3,707) (5,458) (7,049)
Net loss attributable to non-controlling interest (1,112) (1,989) (2,003) (3,784)
Net loss attributable to Mobile Infrastructure Corporation’s stockholders (1,357) (1,718) (3,455) (3,265)
Net loss attributable to Mobile Infrastructure Corporation’s common stockholders $ (1,843) $ (2,468) $ (4,469) $ (4,765)
Basic and diluted loss per weighted average common share:        
Net loss per share attributable to Mobile Infrastructure Corporation’s common stockholders - basic and diluted (in dollars per share) $ (0.06) $ (0.19) $ (0.16) $ (0.36)
Weighted average common shares outstanding, basic and diluted (in shares) 29,225,378 13,089,848 28,731,365 13,089,848
Series A Preferred Stock [Member]        
Other        
Preferred stock distributions declared $ (34) $ (54) $ (71) $ (108)
Series 1 Preferred Stock [Member]        
Other        
Preferred stock distributions declared (452) (696) (943) (1,392)
Base Rent Income [Member]        
Revenues        
Rental income 1,523 1,951 3,166 4,031
Percentage Rent Income [Member]        
Revenues        
Rental income $ 517 $ 5,263 $ 2,200 $ 10,286

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