MHPC · As filed with the SEC

Manufactured Housing Properties income statement, by fiscal year

The statement as Manufactured Housing Properties presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.

Consolidated Statements of Operations · USD, except per-share amounts

USD, except per-share amounts	FY2022 Year ended Dec 31, 2022	FY2021 Year ended Dec 31, 2021	FY2020 Year ended Dec 31, 2020	FY2019 Year ended Dec 31, 2019
Revenue
Rental and related income	—	—	6,380,515	2,968,472
Management fees, related party	—	—	—	48,319
Home sales	—	—	—	4,900
Rental and related income	13,994,175	—	—	—
Gross revenue from home sales	208,098	—	—	—
Total revenues	14,202,273	8,362,277	6,380,515	3,021,691
Community operating expenses
Repair and maintenance	1,107,449	529,899	390,140	234,770
Real estate taxes	783,049	463,148	315,061	142,187
Utilities	1,025,028	691,830	571,182	212,719
Insurance	326,840	125,159	158,672	83,975
General and administrative expense	1,952,308	821,234	198,425	476,137
Total community operating expenses	—	—	1,633,480	1,149,788
Total community operating expenses	5,194,674	2,631,270	—	—
Corporate payroll and overhead	5,053,771	3,013,810	1,581,807	1,253,383
Depreciation Expense	—	—	1,652,509	786,179
Interest Expense	—	—	1,961,843	1,312,469
Refinancing costs	—	—	464,568	552,272
Depreciation expense	3,441,413	2,060,882	—	—
Interest expense	5,525,839	2,243,876	—	—
Refinancing costs	3,620,422	110,691	—	—
Cost of home sales	269,572	—	—	—
Total expenses	23,105,691	10,060,529	7,294,207	5,054,091
Other income	—	139,300	—	—
Gain on sale of property	—	—	761,978	—
Other income	500	—	—	—
Gain on sale of community	102,665	—	—	—
Net loss before provision for income taxes	(8,800,253)	(1,558,952)	(151,714)	(2,032,400)
Provision for income taxes	—	—	—	6,347
Net loss	—	(1,558,952)	(151,714)	—
Net income (loss) attributable to non-controlling interest variable interest entity share of net income	—	(460,609)	—	—
Net income (loss) attributable to Manufactured Housing Properties Inc.	—	(1,098,343)	—	—
Net loss	(8,800,253)	—	—	—
Net loss attributable to non-controlling interest variable interest entities	(952,588)	—	—	—
Net Loss attributable to the Company	—	—	—	(2,038,747)
Variable interest entity share of net income	—	—	451,876	—
Net loss attributable to Manufactured Housing Properties Inc.	—	—	(603,590)	—
Net loss attributable to Manufactured Housing Properties Inc.	(7,847,665)	—	—	(2,038,747)
Preferred stock dividends and put option value accretion
Series A preferred dividends	376,078	384,864	377,353	125,700
Series A preferred put option value accretion	—	—	472,500	184,000
Series B preferred dividends	—	—	433,790	23,233
Series B preferred put option value accretion	—	—	567,217	28,004
Series A preferred put option value accretion	469,743	472,271	—	—
Series B preferred dividends	605,019	579,303	—	—
Series B preferred put option value accretion	709,584	739,034	—	—
Total preferred stock dividends and put option value accretion	2,160,424	2,175,472	1,850,860	360,937
Net loss attributable to common stockholders	(10,008,089)	(3,273,815)	(2,454,450)	(2,399,684)
Weighted average shares – basic and fully diluted (in Shares)	—	13,058,917	12,896,448	12,624,171
Weighted average - basic and fully diluted	—	—	—	(0.19)
Earnings Per Share (Diluted)	—	—	(0.19)	—
Net loss per share – basic and fully diluted (in Dollars per share)	—	(0.25)	—	—
Weighted average shares – basic and fully diluted (in Shares)	12,798,852	—	—	—
Net loss per share – basic and fully diluted (in Dollars per share)	(0.78)	—	—	—
Rental and related income	—	8,328,294	—	—
Property sales	—	33,983	—	—

As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.