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Consolidated Statements of Cash Flows - USD ($)
3 Months Ended 12 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Jun. 30, 2024
Cash flows from operating activities:      
Net loss $ (7,408,269) $ (4,208,702)  
Adjustments to reconcile net loss to net cash from operating activities:      
Net unrealized loss on equity securities at fair value 2,553 729,793  
Net loss from equity method investments at fair value 140,694 1,537,455  
Net realized gain on investments (151,370) 0  
Impairment loss 4,406,249 0  
Straight-line rent 0 (16,270)  
Depreciation and amortization 2,280,756 1,559,668  
Amortization of deferred financing costs and debt mark-to-market 301,588 248,437  
Accretion of above (below) market lease, net (67,324) (95,434)  
Changes in assets and liabilities:      
Investments income, rents and other receivables (319,497) 327,940  
Prepaid expenses and other assets 101,663 12,522  
Deferred rent and other liabilities 58,063 (19,896)  
Accounts payable and accrued liabilities 1,313,789 441,883  
Due to related entities (14,536) (330)  
Net cash from operating activities 644,359 517,066  
Cash flows from investing activities:      
Proceeds from sale of investments 670,727 0  
Investments in real estate assets (5,826,304) (5,055,288)  
Purchase of investments (171,064) (393,530)  
Return of capital distributions 0 21,000  
Net cash from investing activities (5,326,641) (5,427,818)  
Cash flows from financing activities:      
Proceeds from mortgage notes payable 5,889,891 2,945,715  
Payments on mortgage notes payable (403,206) (294,927)  
Payments on notes payable (4,860) (4,676)  
Dividend to common stockholders (1,662,824) (1,345,908)  
Payment on finance lease liabilities (56,021) (14,216) $ (104,416)
Payment of selling commissions and fees (169,793) (184,766)  
Contributions by non-controlling interest holders 359,999 0  
Distributions to non-controlling interests holders (342,071) (167,365)  
Redemption of common stock, net of stock redemption payable 0 (444,999)  
Capital pending acceptance (200,300) (396,600)  
Net cash from financing activities 3,572,898 1,451,608  
Net decrease in cash, cash equivalents and restricted cash (1,109,384) (3,459,144)  
Cash, cash equivalents and restricted cash at beginning of the period 13,077,339 18,141,019 18,141,019
Cash, cash equivalents and restricted cash at end of the period 11,967,955 14,681,875 13,077,339
Cash and cash equivalents at end of the period 10,693,380 13,981,263 11,777,930
Restricted cash at end of the period 778,923 71,793 $ 778,330
Cash and restricted cash at end of the period classified as assets held for sale 495,652 628,819  
Supplemental disclosure of non-cash financing activities and other cash flow information:      
Issuance Operating Partnership Preferred Units through reinvestment of dividends 23,514 20,454  
Cash paid for interest 1,611,521 1,015,556  
Stock-based compensation 465,500 0  
Operating Partnership Class A conversion to common stock 859 0  
Capitalized construction in progress outstanding as accounts payable 670,977 0  
Issuance of common stock through reinvestment of dividends 0 443,271  
Green Valley Medical Center, LP [Member]      
Supplemental disclosure of non-cash financing activities and other cash flow information:      
Issuance of the Operating Partnership Preferred Units for the purchase of interest (Note 1) 2,712,194 0  
Fair value of assets acquired from consolidation 13,621,753 0  
Fair value of liabilities assumed from consolidation 8,904,457 0  
Series A Preferred Stock [Member]      
Cash flows from financing activities:      
Dividend to preferred stockholders (238,403) 0  
Proceeds from issuance of preferred stock 50,000 1,359,350  
Supplemental disclosure of non-cash financing activities and other cash flow information:      
Issuance of preferred stock through reinvestment of dividends 46,333 39,858  
Issuance Operating Partnership Preferred Units through reinvestment of dividends 23,514 20,454  
Series B Preferred Stock [Member]      
Cash flows from financing activities:      
Dividend to preferred stockholders (6,013) 0  
Proceeds from issuance of preferred stock 356,499 0  
Supplemental disclosure of non-cash financing activities and other cash flow information:      
Issuance of preferred stock through reinvestment of dividends 1,912 0  
Increase in liquidation preference 34,037 0  
Increase in liquidation preference of Operating Partnership Preferred Units $ 24,307 $ 0