Is an antiaromatic compound more stable than a non-aromatic compound because of more conjugation? (image from a LibreTexts page (archive link))

It is shown that the antiaromatic compound is more stable than the non aromatic compounds 2 and 3 because of a more conjugated system. Here's the exact statement:


  In the first structure, delocalization of the positive charge and the π bonds occurs over the entire ring. This becomes apparent when we look at all the possible resonance structures as shown below.
  
  In the second structure, delocalization is only possible over three carbon atoms. This is demonstrated by writing all the possible resonance forms below, which now number only two.
  
  Finally, the third structure has no delocalization of charge or electrons because no resonance forms are possible. Therefore, it is the least stable of the three.


Is this correct? I thought that the conjugation in an antiaromatic compound destabilized it more than a non aromatic compound.
Sometimes, only the delocalisation of electrons is not sufficient to conclude that the compound is more stable. We should also look at which molecular orbital the electron pair is delocalising. But a clear picture of these kind of $\pi$-conjugated systems can be got when it is approached quantum-mechanically, with the help of Huckel-$\pi$ Molecular Orbital Theory.  According to this theory, to get the $\pi$-electronic energy of the system, we have to solve the Secular Determinant, which is $$\ce{det(H_{ij}- ES_{ij}) =0  ,where i,j varies from 1 to n}$$ in a $n$ Carbon System.  In Huckel Theory, for solving the determinants two approximations are taken,$1$. $\ce{H_{ii} = $\alpha$ for all i, and H_{ij} = $\beta$ for |i -j|=1.}$ This approximation tells that the effective Hamiltonian for the whole conjugation is negligible if the carbons are not close to each other(i.e. adjacent).The two different values are obvious because of the in Hamiltonian, the Columb integral, the Exchange integral interferes. $2$. $\ce{S_{ii} =1; and S_{ij}= 0 else}$. This tells the Overlap integral(Note that, this is an integral, and clear overlap in the picture doesn't mean integral should be large) are negligible for any two different carbons.  Taking these two approximations, if you solve the determinant, you will get energy levels for $5$ carbon systems,$$\ce{E = $\alpha$ + 2$\beta$;  $\alpha$; $\alpha$ - $\beta$}$$Typically, the values of $\beta$ are negative and as you increase in $\alpha$ or decrease in $\beta$, the energy is increased and system gets destabilisation. .So, the lowest energy level is $\alpha$ + $2$$\beta$, and then the second and after that the third one.Your first compound has four $\pi$ electrons. So, two electrons will be in the level $\alpha$ +$2$$\beta$, and other two is in $\alpha$ only. So,net energy, is $4$$\alpha$ + $4$$\beta$ in mostly conjugated system $1$st compound.  But in the second case there are only two $\pi$ electrons. That two will go into $\alpha$ + $2$$\beta$.So, net energy is $2$$\alpha$ + $4$$\beta$ in second one.  So, second system has lower energy than the  first as coefficient of $\alpha$ is lesser in second one, though second compound is less conjugated. So, extent of delocalisation doesn't always determine stability.