XML 14 R1.htm IDEA: XBRL DOCUMENT v3.26.1
Document and Entity Information - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Mar. 31, 2026
Document Information [Line Items]    
Document Type 10-K/A  
Amendment Flag true  
Document Annual Report true  
Document Period End Date Dec. 31, 2025  
Document Transition Report false  
Document Fiscal Year Focus 2025  
Document Fiscal Period Focus FY  
Current Fiscal Year End Date --12-31  
Entity File Number 001-40771  
Entity Registrant Name GENERATION INCOME PROPERTIES, INC.  
Entity Central Index Key 0001651721  
Entity Incorporation, State or Country Code MD  
Entity Tax Identification Number 47-4427295  
Entity Address, Address Line One 401 E. Jackson Street  
Entity Address, Address Line Two Suite 3300  
Entity Address, City or Town Tampa  
Entity Address, State or Province FL  
Entity Address, Postal Zip Code 33602  
City Area Code 813  
Local Phone Number 448-1234  
Entity Well-known Seasoned Issuer No  
Entity Voluntary Filers No  
Entity Current Reporting Status Yes  
Entity Interactive Data Current Yes  
Entity Filer Category Non-accelerated Filer  
Entity Small Business true  
Entity Emerging Growth Company true  
Entity Ex Transition Period false  
ICFR Auditor Attestation Flag false  
Document Financial Statement Error Correction [Flag] false  
Entity Shell Company false  
Entity Public Float $ 9.4  
Entity Common Stock, Shares Outstanding   5,448,178
Auditor Firm ID 596  
Auditor Name CohnReznick, LLP  
Auditor Location New York, New York  
Documents Incorporated by Reference

DOCUMENTS INCORPORATED BY REFERENCE

 

Portions of the registrant’s definitive proxy statement for its 2025 annual meeting of stockholders, which the registrant intends to file pursuant to Regulation 14A with the Securities and Exchange Commission not later than 120 days after the registrant’s fiscal year ended December 31, 2025, are incorporated by reference into Part III of this Annual Report on Form 10-K.

 

EXPLANATORY NOTE

Generation Income Properties, Inc. (the “Company”) is filing this Amendment No. 1 (the “Amendment”) to its Annual Report on Form 10-K for the fiscal year ended December 31, 2025, as filed with the U.S. Securities and Exchange Commission (the “SEC”) on April 1, 2026 (the “Original Filing”), for the purposes of (1) amending the Report of Independent Registered Public Accounting Firm, as an incorrect version of such report was inadvertently included in the Original Filing that omitted an explanatory paragraph regarding substantial doubt about the entity's ability to continue as a going concern, (2) to correct the omission of a disclosure related to substantial doubt about the entity's ability to continue as a going concern in Note 1 to the consolidated financial statements, and (3) provide additional information related to dispositions in Item 7. As a result of these matters, the Company is reissuing its consolidated financial statements as of and for the year ended December 31, 2025, and also amending Item 9A, "Controls and Procedures."

Pursuant to the rules of the SEC, Part IV, Item 15 has also been amended to contain the currently dated certifications from the Company’s principal executive officer and principal financial officer pursuant to Section 302 and Section 906 of the Sarbanes-Oxley Act of 2002 as Exhibits 31.1, 31.2, 32.1, and 32.2, respectively. The Company is also filing an updated Consent of Independent Registered Public Accounting Firm as Exhibit 23.1.

Except as set forth above in this Explanatory Note, no other amendments are being made to the Original Filing. This Amendment does not reflect events occurring after the date of the Original Filing or modify or update any of the other disclosures set forth therein.

 
Auditor Opinion [Text Block]

Opinion on the Financial Statements

We have audited the accompanying consolidated balance sheets of Generation Income Properties, Inc. and subsidiaries (the “Company”) as of December 31, 2025, and 2024, and the related consolidated statements of operations, changes in equity (deficit), redeemable preferred stock, and redeemable non-controlling interests, and cash flows for each of the two years in the period ended December 31, 2025, and the related notes (collectively referred to as the “financial statements”). In our opinion, the financial statements present fairly, in all material respects, the financial position of the Company as of December 31, 2025 and 2024,and the results of its operations and its cash flows for each of the two years in the period ended December 31, 2025, in conformity with accounting principles generally accepted in the United States of America.
 
Amendment Description Generation Income Properties, Inc. (the “Company”) is filing this Amendment No. 1 (the “Amendment”) to its Annual Report on Form 10-K for the fiscal year ended December 31, 2025, as filed with the U.S. Securities and Exchange Commission (the “SEC”) on April 1, 2026 (the “Original Filing”), for the purposes of (1) amending the Report of Independent Registered Public Accounting Firm, as an incorrect version of such report was inadvertently included in the Original Filing that omitted an explanatory paragraph regarding substantial doubt about the entity's ability to continue as a going concern, (2) to correct the omission of a disclosure related to substantial doubt about the entity's ability to continue as a going concern in Note 1 to the consolidated financial statements, and (3) provide additional information related to dispositions in Item 7. As a result of these matters, the Company is reissuing its consolidated financial statements as of and for the year ended December 31, 2025, and also amending Item 9A, "Controls and Procedures."Pursuant to the rules of the SEC, Part IV, Item 15 has also been amended to contain the currently dated certifications from the Company’s principal executive officer and principal financial officer pursuant to Section 302 and Section 906 of the Sarbanes-Oxley Act of 2002 as Exhibits 31.1, 31.2, 32.1, and 32.2, respectively. The Company is also filing an updated Consent of Independent Registered Public Accounting Firm as Exhibit 23.1.Except as set forth above in this Explanatory Note, no other amendments are being made to the Original Filing. This Amendment does not reflect events occurring after the date of the Original Filing or modify or update any of the other disclosures set forth therein.  
Common Stock Par Value $0.01 Per Share    
Document Information [Line Items]    
Title of 12(b) Security Common Stock par value $0.01 per share  
Trading Symbol GIPR  
Security Exchange Name NASDAQ  
Warrants    
Document Information [Line Items]    
Title of 12(b) Security Warrants to purchase Common Stock  
Trading Symbol GIPRW  
Security Exchange Name NASDAQ