v3.26.1
Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Investments in real estate    
Land and improvements $ 142,584 $ 150,566
Buildings and improvements 236,164 244,627
Construction in progress 972 87
Intangible assets 5,717 5,717
Accumulated depreciation and amortization (42,378) (38,860)
Total investments in real estate, net 343,059 362,137
Cash and cash equivalents 5,067 8,349
Cash – restricted 5,840 6,935
Accounts receivable, net 3,506 3,985
Other assets 871 1,058
Total assets 358,343 382,464
Liabilities    
Notes payable, net 174,892 181,771
Line of credit 22,185 25,895
Accrued preferred distributions and redemptions 237 67
Total liabilities 211,412 223,419
Mobile Infrastructure Corporation Stockholders’ Equity    
Warrants issued and outstanding – 2,553,192 warrants as of June 30, 2026 and December 31, 2025 3,319 3,319
Common stock, $0.0001 par value, 500,000,000 shares authorized, 39,353,808 and 39,662,049 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively 2 2
Additional paid-in capital 297,509 299,446
Accumulated deficit (171,504) (161,496)
Total Mobile Infrastructure Corporation Stockholders’ Equity 129,326 141,271
Non-controlling interest 17,605 17,774
Total equity 146,931 159,045
Total liabilities and equity 358,343 382,464
Nonrelated Party [Member]    
Liabilities    
Accounts Payable and Accrued Liabilities 13,608 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 385,437 400,997
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