0001193125-26-211875
SEC filingRevenue was $18.2M (12.0%) Net Income was $320.0K (138.4%) Eps was $0.00 (100.0%)
Net cash provided by operating activities was $7.1 million, down from $8.1 million in the prior year. The decrease was primarily due to the timing of payables. We continue to allocate capital to property acquisitions and dispositions, with a focus on maintaining a strong balance sheet.
Substantially all of our leases are net leases, meaning tenants are generally obligated to pay customary operating expenses. This structure provides a stable income stream. The net recoverable amount for long-lived assets is based on undiscounted estimated future cash flows from use and eventual disposition. We continue to monitor market conditions and manage our portfolio to optimize returns.