v3.26.1
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Operating activities    
Net loss $ (893,272) $ (1,413,112)
Adjustments to reconcile net loss to net cash used in operating activities:    
Amortization of intangible lease asset 56,872 56,872
Amortization of debt costs 7,848 7,847
Stock-based compensation 143,213
Impairment expense 247,353
Depreciation 10,866 2,702
Unrealized gain on marketable securities 34,377 29,069
Loss on sale of property 493,890
Changes in operating assets and liabilities    
Deferred rent receivable (200,779) 49,634
Prepaid expenses and deposits (11,764) 218,792
Other assets (129,094)
Other liabilities (118,289)
Accounts payable 75,035 48,806
Accrued expenses 32,457 666,912
Net cash used in operating activities (147,117) (436,648)
Investing activities    
Cash received for sale of properties 200,000
Investment of marketable securities (152,740)
Cash received for mortgage loan receivables 28,604 45,000
Net cash provided by investing activities 28,604 92,260
Financing Activities    
Proceeds received from debt 417,912
Principal payment on debt (91,653) (271,899)
Proceeds from stock issuance 10,945
Net cash provided by (used in) financing activities (80,708) 146,013
Net decrease in cash and cash equivalents and restricted cash (199,221) (198,375)
Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Continuing Operation, Beginning Balance 2,235,306 2,231,586
Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Continuing Operation, Ending Balance 2,036,085 2,033,211
Supplemental disclosure of cash flow information:    
Interest paid 231,001 242,555
Non-cash transactions    
Accrued interest transferred to loan 723,440
Transfer of previously paid S-3 expense from other assets to APIC $ 1,276