{"url_path":"/sec/beep/10-q/2026/cover-page","section_key":"cover-page","section_title":"Cover Page","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-12","source_url":"https://www.sec.gov/Archives/edgar/data/1847874/0001437749-26-016441-index.html","accession_number":"0001437749-26-016441","cik":"0001847874","ticker":"BEEP","issuer_name":"Mobile Infrastructure Corp","edgar_url":"https://www.sec.gov/Archives/edgar/data/1847874/0001437749-26-016441-index.html","primary_entity_key":"0001847874","primary_entity_name":"Mobile Infrastructure Corp"},"word_count":991,"has_tables":true,"body_markdown":"beep20260331_10q.htm\n\n0001847874\nMobile Infrastructure Corp\nfalse\n--12-31\nQ1\n2026\n0.0001\n0.0001\n50,000\n50,000\n1,266\n1,266\n1,296\n1,296\n1,266,000\n1,296,000\n0.0001\n0.0001\n97,000\n97,000\n13,213\n13,213\n13,315\n13,315\n13,213,000\n13,315,000\n0.0001\n0.0001\n60,000\n60,000\n46,000\n46,000\n46,000\n46,000\n0\n0\n2,553,192\n2,553,192\n2,553,192\n2,553,192\n0.0001\n0.0001\n500,000,000\n500,000,000\n39,292,464\n39,292,464\n39,662,049\n39,662,049\n14.38\n13.75\n14.38\n13.75\n0.1\n40,000\nJune 6, 2027\nDecember 4, 2027\nMarch 1, 2029\nOctober 30, 2030\nDecember 6, 2034\nNovember 10, 2031\n0\n0\n0\n3\n11.9\n6.1\n0\nfalse\nfalse\nfalse\nfalse\n2034 CMBS Loan is secured by the following properties: 1W7 Carpark, LLC, 222 W 7th Holdco, LLC, 222 Sheridan Bricktown Garage, LLC, 322 Streeter Holdco, LLC, Denver 1725 Champa Street Garage, LLC, and MVP Indianapolis City Park Garage, LLC.\nAncillary revenue includes contracted revenue for other uses outside of parking, such as billboard revenue, and is recognized over time.\n2027 KeyBank Loan Pool is secured by the following properties: St. Paul Holiday Garage, LLC, MVP St. Louis Washington, Cleveland Lincoln Garage, LLC, MVP Denver Sherman, LLC, MVP Milwaukee Arena Lot, LLC and MVP Denver 1935 Sherman, LLC.\nIn October 2025, we entered into an asset-backed securitization of 19 properties in our portfolio priced at 88.30% of the principal amount of $100 million (the “Series 2025-1 Class A-2 Notes”).\n2034 CMBS Loan is secured by the following properties: 1W7 Carpark, LLC, 222 W 7th Holdco, LLC, 222 Sheridan Bricktown Garage, LLC, 322 Streeter Holdco, LLC, Denver 1725 Champa Street Garage, LLC, MVP Hawaii Marks Garage, LLC and MVP Indianapolis City Park Garage, LLC.\n2029 KeyBank Loan Pool is secured by MVP Memphis Poplar, LLC and MVP St. Louis, LLC.\nAs mentioned below, we entered into an interest rate swap agreement effective March 2025 on the Mabley Place Garage, LLC loan. 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of Contents](#toc)\n\n**UNITED STATES**\n\n**SECURITIES AND EXCHANGE COMMISSION**\n\n**Washington, D.C.** **20549**\n\n \n\n**FORM 10-Q**\n\n \n\n(Mark one) \n\n**☒** **QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE** **SECURITIES EXCHANGE ACT OF 1934**\n\n \n\nFor the quarterly period ended March 31, 2026\n\n \n\n**or** \n\n \n\n**☐** **TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE** **SECURITIES EXCHANGE ACT OF 1934**\n\n \n\nFor the transition period from _________ to _________\n\n \n\nCommission File Number: 001-40415\n\n \n\n \n\n**MOBILE INFRASTRUCTURE CORPORATION**\n\n(Exact name of registrant as specified in its charter)\n\n \n\n**Maryland**\n \n**32-0777356**\n\n(State or other jurisdiction of\n \n(I.R.S. Employer\n\nincorporation or organization)\n \nIdentification No.)\n\n \n\n**30 W. 4th Street**  \n\n**Cincinnati, Ohio** **45202**\n\n(Address of principal executive offices) (Zip Code)\n\n \n\nRegistrant’s telephone number, including area code: (513) 834-5110\n\n \n\nSecurities registered pursuant to Section 12(b) of the Act:\n\n \n\nTitle of each class\n\nTrading Symbols(s)\n\nName of each exchange on which registered\n\n**Common Stock, $0.0001 par value per share**\n\n**BEEP**\n\n**The Nasdaq Stock Market LLC**\n\n \n\nIndicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No ☐\n\n \n\nIndicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☒ No ☐\n\n \n\nIndicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.\n\n \n\nLarge accelerated filer ☐\n\nAccelerated filer ☐\n\nNon-accelerated filer ☒\n\nSmaller reporting company ☒\n\n \nEmerging growth company ☒\n\n \n\nIf an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐\n\n \n\nIndicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐ No ☒\n\n \n\nAs of May 1, 2026, there were 41.2 million shares of the registrant's common stock outstanding.\n\n \n\n \n\n[Table of Contents](#toc)\n\n  \n\n \n\n \n\n \n\n**TABLE OF CONTENTS**\n\n \n\n \n \n\n**Page**\n\n \n \n \n\nPart I\n\nFINANCIAL INFORMATION"}