City Office REIT, Inc. has released its pro forma consolidated financial results for the six-month period ended June 30, 2025, and the year ended December 31, 2024. The results reflect adjustments for the removal of historical revenue and expenses related to the disposed Phoenix Portfolio properties. For the six-month period ended June 30, 2025, the company reported a net loss per common share of $0.63. For the year ended December 31, 2024, the net loss per common share was $3.26. The weighted average number of common shares outstanding was 40.14 million for both basic and diluted calculations. The company declared a dividend distribution of $0.40 per common share. The pro forma adjustments include the removal of actual historical revenue and expenses associated with the Phoenix Portfolio, which was classified as held for sale. The company recorded a loss on disposition of $102.2 million due to the impairment recognized in the City Office REIT Historical Statement of Operations for the six-month period. Total stockholders' equity was reported at approximately $613.7 million. City Office REIT, Inc. has made these adjustments to provide a clearer picture of its financial standing following the disposition of the Phoenix Portfolio. The pro forma statements are intended for illustrative purposes only and may not necessarily reflect the company's actual financial position and results if the transaction had occurred on January 1, 2024.