Mobile Infrastructure Corp
Business
Mobile Infrastructure Corporation acquires, owns and optimizes parking facilities and related infrastructure, including parking lots, parking garages and structures throughout the United States. The company operates 36 parking facilities in 19 markets with approximately 13,500 parking spaces and 4.7 million square feet, targeting top 50 U.S. Metropolitan Statistical Areas near commerce, events, government institutions, hospitality and multifamily districts. Revenue derives from transient hourly/daily parking, contract monthly parking agreements, ancillary services (EV charging, solar, rideshare staging), and adjacent commercial space, with 28 of 36 assets operating under management contracts with third-party operators.
Summary from 10-K filed 2026-03-05
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 |
|---|---|---|---|---|---|
| Managed property revenue | 29 | 28 | 0 | 427,000 | |
| Total revenues | 35 | 37 | 30 | 29 | |
| Property taxes | 7 | 7 | 7 | 7 | |
| Property operating expense | 7 | 7 | 2 | 3 | |
| Depreciation and amortization | 11 | 8 | 9 | 8 | |
| General and administrative | 8 | 11 | 13 | 9 | |
| Professional fees | 2 | 2 | 2 | 3 | |
| Impairment | 4 | 200,000 | 9 | 0 | |
| Total expenses | 38 | 35 | 61 | 35 | |
| Interest expense, net | −19 | −14 | −14 | — | |
| Loss on extinguishment of debt | −3 | 0 | 0 | 328,000 | |
| (Loss) gain on sale of real estate | −124,000 | 3 | 660,000 | −52,000 | |
| Other income, net | 256,000 | 434,000 | 1 | — | |
| Change in fair value of Earn-Out liability | 935,000 | 844,000 | 4 | 0 | |
| Total other expense | −21 | −10 | −8 | −13 | |
| Net loss | −24 | −8 | −38 | −18 | |
| Net loss attributable to non-controlling interest | −2 | −3 | −13 | −10 | |
| Net loss attributable to Mobile Infrastructure Corporations stockholders | −21 | −6 | −25 | −8 | |
| Net loss attributable to Mobile Infrastructure Corporations common stockholders | −22 | −8 | −32 | −11 | |
| Net loss per share attributable to Mobile Infrastructure Corporations common stockholders - basic and diluted (in dollars per share) | −0.55 | −0.24 | −2.45 | −0.85 | |
| Weighted average common shares outstanding, basic and diluted (in shares) | 40 | 32 | 13 | 13 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2022 2022-09-30 |
|---|---|---|---|---|---|---|
| Land and Land Improvements | 151 | 158 | 161 | 166 | — | |
| Buildings and improvements | 245 | 260 | 261 | 273 | — | |
| Construction in progress | 87,000 | 13,000 | 300,000 | 1 | — | |
| Intangible assets | 6 | 10 | 10 | 10 | — | |
| Accumulated depreciation and amortization | −39 | −38 | −30 | −31 | — | |
| Total investments in real estate, net | 362 | 390 | 403 | 419 | — | |
| Cash and cash equivalents | 8 | 11 | 11 | 442,673 | — | |
| Cash restricted | 7 | 5 | 6 | 5 | — | |
| Accounts receivable, net | 4 | 4 | 2 | — | — | |
| Notes receivable | 0 | 3 | 0 | — | — | |
| Other assets | 1 | 3 | 1 | 1 | — | |
| Total assets | 382 | 415 | 423 | 436 | 277 | |
| Notes payable, net | 182 | 186 | 134 | 147 | — | |
| Line of credit | 26 | 27 | 0 | — | — | |
| Accrued preferred distributions and redemptions | 67,000 | 596,000 | 10 | 9 | — | |
| Earn-Out liability | 0 | 935,000 | 2 | 0 | — | |
| Total liabilities | 223 | 226 | 220 | 249 | 6 | |
| Common stock, $0.0001 par value, 500,000,000 shares authorized, 39,662,049 and 40,376,974 shares issued and outstanding as of December 31, 2025 and December 31, 2024, respectively | 2,000 | 2,000 | 2,000 | 0 | — | |
| Warrants issued and outstanding 2,553,192 warrants as of December 31, 2025 and December 31, 2024 | 3 | 3 | 3 | 3 | — | |
| Additional paid-in capital | 299 | 307 | 262 | 193 | 0 | |
| Accumulated deficit | −161 | −140 | −134 | −109 | −5 | |
| Total Mobile Infrastructure Corporation Stockholders Equity | 141 | 170 | 131 | 87 | −5 | |
| Non-controlling interest | 18 | 19 | 72 | 100 | — | |
| Total equity | 159 | 189 | 203 | 187 | — | |
| Total liabilities and equity | 382 | 415 | 423 | 436 | 277 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 |
|---|---|---|---|---|---|
| Depreciation and amortization expense | 11 | 8 | 9 | 8 | |
| Amortization of loan costs and discounts | 3 | 1 | 1 | 2 | |
| Gain on settlement of liability | 0 | −823,000 | −1 | 0 | |
| Loss on interest rate hedge | 167,000 | 55,000 | 151,000 | 0 | |
| Equity-based payment | 3 | 6 | 7 | 3 | |
| Due to/from related parties | 23,000 | −3,000 | 156,000 | 470,000 | |
| Accounts payable and accrued expenses | 5 | −2 | 3 | 7 | |
| Indemnification liability | 0 | −350,000 | 0 | — | |
| Deposits | −105,000 | 0 | — | — | |
| Other assets | 407,000 | −320,000 | −101,000 | −267,000 | |
| Accounts receivable, net | −516,000 | −1 | −420,000 | 2 | |
| Net cash provided by (used in) operating activities | 848,000 | −784,000 | −2 | 2 | |
| Capital expenditures | −1 | −511,000 | −2 | −2 | |
| Insurance reimbursement for capital expenditures | 309,000 | 0 | — | — | |
| Proceeds from note receivable | 3 | 0 | — | — | |
| Proceeds on sale of investment in real estate | 14 | 5 | — | — | |
| Net cash provided by investing activities | 16 | 4 | −346,000 | −19 | |
| Proceeds from Line of Credit | 8 | 27 | 0 | 74 | |
| Proceeds from notes payable | 88 | 93 | 0 | — | |
| Payments on notes payable | −90 | −40 | −14 | −59 | |
| Payments on Revolving Credit Facility | 0 | −59 | −15 | 0 | |
| Payments on Line of Credit | −9 | 0 | — | — | |
| Distributions to non-controlling interest holders | −185,000 | −208,000 | −463,000 | — | |
| Purchase of minority interest in subsidiary | 0 | −2 | 0 | 0 | |
| Loan fees | −4 | −3 | 0 | −3 | |
| Share repurchase plan | −4 | −1 | 0 | — | |
| Shares repurchased for vesting of employee awards | −135,000 | −133,000 | 0 | — | |
| Preferred redemption payments | −6 | −11 | 0 | — | |
| Preferred distribution payments | −989,000 | −10 | 0 | — | |
| Net cash used in financing activities | −18 | −4 | 8 | 12 | |
| Net change in cash and cash equivalents and restricted cash | −535,000 | −892,000 | 6 | −6 | |
| Interest Paid | 13 | 11 | 13 | 11 | |
| Accrued preferred distributions paid in common stock | 0 | 2 | — | — | |
| Right of use asset and lease liability | 0 | 332,000 | 0 | — | |
| Requested preferred redemptions not yet paid | 0 | 503,000 | 0 | — | |
| Accrued capital expenditures | 15,000 | 595,000 | 647,000 | 1 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Mobile Infrastructure Corp's CIK number?
Mobile Infrastructure Corp's SEC CIK number is 0001847874 (1847874). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Mobile Infrastructure Corp's SEC filings?
All of Mobile Infrastructure Corp's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Mobile Infrastructure Corp last report earnings?
Mobile Infrastructure Corp (BEEP) most recently filed an earnings 8-K with the SEC on May 12, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001493152-26-022493). This is Mobile Infrastructure Corp's most recent earnings filing of record — not a forecast of its next earnings date.
What is Mobile Infrastructure Corp's most recent earnings 8-K?
Mobile Infrastructure Corp's latest earnings 8-K (Item 2.02) was filed May 12, 2026 under accession 0001493152-26-022493. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Mobile Infrastructure Corp's latest earnings 8-K →
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