$LTSV
Lightstone Value Plus Reit IV Inc

2023 Q4 Form 10-Q Financial Statement

#000182912623007416 Filed on November 14, 2023

View on sec.gov

Income Statement

Concept 2023 Q4 2023 Q3 2022 Q3
Revenue $7.691M
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $520.8K
YoY Change 159.37%
Operating Profit -$245.4K
YoY Change -120.77%
Interest Expense $3.442M $47.12K
YoY Change 7204.44% 0.0%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income
YoY Change
Income Tax
% Of Pretax Income
Net Earnings -$2.730M -$766.2K
YoY Change 256.33% -178.11%
Net Earnings / Revenue -35.5%
Basic Earnings Per Share -$0.33 -$0.09
Diluted Earnings Per Share -$0.33 -$0.09
COMMON SHARES
Basic Shares Outstanding 8.300M shares 8.300M shares 8.400M shares
Diluted Shares Outstanding 8.307M shares 8.401M shares

Balance Sheet

Concept 2023 Q4 2023 Q3 2022 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $6.726M $7.223M $10.99M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $9.737M $11.16M $10.65M
YoY Change -25.1% 4.74%
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $145.5M $146.6M $127.3M
YoY Change 5.21% 15.16%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities
Total Long-Term Liabilities
Total Liabilities $104.0M $102.9M $71.90M
YoY Change 24.44% 43.18%
SHAREHOLDERS EQUITY
Retained Earnings -$38.92M -$36.52M -$27.39M
YoY Change 39.6% 33.34%
Common Stock $83.06K $83.06K $83.99K
YoY Change -1.1% -1.11%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $30.77M $33.17M $43.18M
YoY Change
Total Liabilities & Shareholders Equity $145.5M $146.6M $127.3M
YoY Change 5.21% 15.16%

Cashflow Statement

Concept 2023 Q4 2023 Q3 2022 Q3
OPERATING ACTIVITIES
Net Income -$2.730M -$766.2K
YoY Change 256.33% -178.11%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities
YoY Change
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities
YoY Change
NET CHANGE
Cash From Operating Activities
Cash From Investing Activities
Cash From Financing Activities
Net Change In Cash
YoY Change
FREE CASH FLOW
Cash From Operating Activities
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

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dei Entity File Number
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dei Entity Registrant Name
EntityRegistrantName
Lightstone Value Plus REIT IV, Inc.
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
MD
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
47-1796830
dei Entity Address Address Line1
EntityAddressAddressLine1
1985 Cedar Bridge Avenue
dei Entity Address Address Line2
EntityAddressAddressLine2
Suite 1
dei Entity Address City Or Town
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Lakewood
dei Entity Address State Or Province
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NJ
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
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dei City Area Code
CityAreaCode
(732)
dei Local Phone Number
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367-0129
dei Entity Current Reporting Status
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CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
9504594 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
12197119 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
8756693 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
11990130 usd
lrit Capital Expenditures For Investment Property In Accounts Payable Accrued Expenses And Other Liabilities
CapitalExpendituresForInvestmentPropertyInAccountsPayableAccruedExpensesAndOtherLiabilities
327629 usd
lrit Capital Expenditures For Investment Property In Accounts Payable Accrued Expenses And Other Liabilities
CapitalExpendituresForInvestmentPropertyInAccountsPayableAccruedExpensesAndOtherLiabilities
4998283 usd
lrit Unpaid Interest Accrued And Capitalized As Mortgage Payable And Construction In Progress
UnpaidInterestAccruedAndCapitalizedAsMortgagePayableAndConstructionInProgress
3732648 usd
lrit Unpaid Interest Accrued And Capitalized As Mortgage Payable And Construction In Progress
UnpaidInterestAccruedAndCapitalizedAsMortgagePayableAndConstructionInProgress
785750 usd
lrit Amortization Of Deferred Financing Cost Included In Construction In Progress
AmortizationOfDeferredFinancingCostIncludedInConstructionInProgress
326103 usd
lrit Amortization Of Deferred Financing Cost Included In Construction In Progress
AmortizationOfDeferredFinancingCostIncludedInConstructionInProgress
1337981 usd
CY2023Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
7223124 usd
CY2022Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
10992481 usd
CY2023Q3 us-gaap Restricted Cash
RestrictedCash
1533569 usd
CY2022Q3 us-gaap Restricted Cash
RestrictedCash
997649 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Disposal Group Including Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsDisposalGroupIncludingDiscontinuedOperations
8756693 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Disposal Group Including Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsDisposalGroupIncludingDiscontinuedOperations
11990130 usd
dei Entity Incorporation Date Of Incorporation
EntityIncorporationDateOfIncorporation
2014-09-09
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 integer
CY2023Q3 us-gaap Liability For Uncertain Tax Positions Current
LiabilityForUncertainTaxPositionsCurrent
0 usd
CY2022Q4 us-gaap Liability For Uncertain Tax Positions Current
LiabilityForUncertainTaxPositionsCurrent
0 usd
us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p id="xdx_844_eus-gaap--ConcentrationRiskCreditRisk_zMOrRMGYFkai" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i><span id="xdx_86D_zJEKcjJykled">Concentration of Risk</span></i></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.25in">As of September 30, 2023 and December 31, 2022, the Company had cash deposited in certain financial institutions in excess of federally insured levels. The Company regularly monitors the financial stability of these financial institutions and believes that it is not exposed to any significant credit risk in cash, cash equivalents or restricted cash.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
CY2023Q3 us-gaap Construction Loan
ConstructionLoan
82300000 usd
us-gaap Interest Costs Capitalized
InterestCostsCapitalized
5400000 usd
lrit Deferred Financing Fees
DeferredFinancingFees
600000 usd
CY2022Q4 us-gaap Construction Loan
ConstructionLoan
65600000 usd
CY2022 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
1700000 usd
CY2022 lrit Deferred Financing Fees
DeferredFinancingFees
2000000.0 usd
us-gaap Debt Instrument Interest Rate During Period
DebtInstrumentInterestRateDuringPeriod
0.1443 pure
CY2023Q3 us-gaap Construction Loan
ConstructionLoan
82300000 usd
lrit Repurchasement Of Common Shares
RepurchasementOfCommonShares
91999 shares
CY2023Q3 us-gaap Shares Issued Price Per Share
SharesIssuedPricePerShare
9.49
lrit Repurchasement Of Common Shares
RepurchasementOfCommonShares
78270 shares
CY2022Q3 us-gaap Shares Issued Price Per Share
SharesIssuedPricePerShare
8.55
CY2023Q3 us-gaap Leasing Commissions Expense
LeasingCommissionsExpense
58368 usd
CY2022Q3 us-gaap Leasing Commissions Expense
LeasingCommissionsExpense
527698 usd
us-gaap Leasing Commissions Expense
LeasingCommissionsExpense
572843 usd
us-gaap Leasing Commissions Expense
LeasingCommissionsExpense
1390785 usd
CY2023Q3 us-gaap Management Fee Expense
ManagementFeeExpense
234162 usd
us-gaap Management Fee Expense
ManagementFeeExpense
523938 usd
CY2023Q3 lrit Total
Total
292530 usd
CY2022Q3 lrit Total
Total
527698 usd
lrit Total
Total
1096781 usd
lrit Total
Total
1390785 usd
CY2023Q3 us-gaap Accounts Payable Other Current
AccountsPayableOtherCurrent
329252 usd
CY2022Q4 us-gaap Accounts Payable Other Current
AccountsPayableOtherCurrent
118030 usd
CY2016Q1 us-gaap Sale Of Stock Price Per Share
SaleOfStockPricePerShare
10.00
CY2016Q1 lrit Net Investment Annual Return
NetInvestmentAnnualReturn
0.080 pure
CY2016Q1 lrit Additional Cummulative Net Investment Rate
AdditionalCummulativeNetInvestmentRate
0.08 pure
CY2016Q1 lrit Additional Distributions Rate
AdditionalDistributionsRate
0.850 pure
CY2016Q1 lrit Aggregate Amount Rate
AggregateAmountRate
0.150 pure
CY2016Q1 lrit Pretax Noncompounded Annual Return
PretaxNoncompoundedAnnualReturn
0.080 pure
CY2023Q3 lrit Unamortized Balance
UnamortizedBalance
3000000.0 usd

Files In Submission

Name View Source Status
FilingSummary.xml Edgar Link unprocessable
lightstonevalue4_10q_htm.xml Edgar Link completed
lrit-20230930_cal.xml Edgar Link unprocessable
0001829126-23-007416-index-headers.html Edgar Link pending
0001829126-23-007416-index.html Edgar Link pending
0001829126-23-007416.txt Edgar Link pending
0001829126-23-007416-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
lightstonevalue4_10q.htm Edgar Link pending
lightstonevalue4_ex31-1.htm Edgar Link pending
lightstonevalue4_ex31-2.htm Edgar Link pending
lightstonevalue4_ex32-1.htm Edgar Link pending
lightstonevalue4_ex32-2.htm Edgar Link pending
lrit-20230930.xsd Edgar Link pending
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R1.htm Edgar Link pending
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R9.htm Edgar Link pending
report.css Edgar Link pending
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lrit-20230930_def.xml Edgar Link unprocessable
lrit-20230930_lab.xml Edgar Link unprocessable
lrit-20230930_pre.xml Edgar Link unprocessable