SONIDA SENIOR LIVING, INC.
For the period ended May 11, 2026. Filed May 11, 2026.
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A notice of a major event between regular reports, such as results, a deal or a change of executives. It is often the first formal record of the news.
May 11, 2026 · Filed May 11, 2026
SNDA$32.78-3.8%Stored close · as of Nov 6, 2026
Contents
EX-99.1 · (in thousands, except per share data)
(in thousands, except per share data)
| Three Months EndedMarch 31, | ||
|---|---|---|
| 2026 | 2025 | |
| Revenues: | ||
| Resident revenue | $108,427 | $79,255 |
| Rental income | 1,695 | — |
| Management fee income | 1,145 | 1,061 |
| Managed community reimbursement revenue | 11,365 | 11,607 |
| Total revenues | 122,632 | 91,923 |
| Expenses: | ||
| Operating expense | 82,676 | 60,414 |
| General and administrative expense | 10,463 | 8,472 |
| Transaction, transition and restructuring costs | 26,094 | 610 |
| Depreciation and amortization expense | 19,960 | 13,686 |
| Managed community reimbursement expense | 11,365 | 11,607 |
| Third-party property management fees | 1,048 | — |
| Total expenses | 151,606 | 94,789 |
| Other income (expense): | ||
| Interest income | 219 | 242 |
| Interest expense | (12,833) | (9,446) |
| Loss from equity method investment | (208) | (330) |
| Other income (expense), net | 554 | (550) |
| Loss before provision for income taxes | (41,242) | (12,950) |
| Provision for income taxes | (208) | (75) |
| Net loss | (41,450) | (13,025) |
| Less: Net loss attributable to noncontrolling interests | 222 | 496 |
| Net loss attributable to Sonida shareholders | (41,228) | (12,529) |
| Dividends on Series A convertible preferred stock | (1,093) | (1,409) |
| Deemed dividend on induced conversion of Series A convertible preferred stock | (19,069) | — |
| Net loss attributable to common shareholders | $(61,390) | $(13,938) |
| Weighted average common shares outstanding — basic | 25,694 | 18,047 |
| Weighted average common shares outstanding — diluted | 25,694 | 18,047 |
| Basic net loss per common share | $(2.39) | $(0.77) |
| Diluted net loss per common share | $(2.39) | $(0.77) |
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