SONIDA SENIOR LIVING, INC.
For the period ended May 8, 2026. Filed May 13, 2026.
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May 8, 2026 · Filed May 13, 2026
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SNDA$32.78-3.8%Stored close · as of Nov 6, 2026
Contents
EX-99.2 · (in thousands, except per share data)
(in thousands, except per share data)
| SNDAHistoricalThreemonthsended March31, 2026 · CHPHistoricalJanuary 1,2026 throughMarch 10,2026 AsReclassified(Note 3) · Pro FormaDebtFinancingAdjustments(Note 4) · Item inNote 4 · Pro FormaTransactionsAdjustments(Note 5) · Item inNote 5 · Pro FormaCombined | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Revenues: | |||||||||
| Resident revenue | $108,427 | $74,342 | $— | $— | $182,769 | ||||
| Rental income | 1,695 | 5,483 | — | 162 | [1 | ] | 7,340 | ||
| Management fee income | 1,145 | — | — | — | 1,145 | ||||
| Managed community reimbursement revenue | 11,365 | — | — | — | 11,365 | ||||
| Total revenues | 122,632 | 79,825 | — | 162 | 202,619 | ||||
| Expenses: | |||||||||
| Operating expense | 82,676 | 51,659 | — | — | 134,335 | ||||
| General and administrative expense | 10,463 | 7,803 | — | (3,249) | [2 | ] | 15,017 | ||
| Transaction, transition and restructuring costs | 26,094 | 885 | — | 1,411 | [3 | ] | 28,390 | ||
| Depreciation and amortization expense | 19,960 | 9,961 | — | 12,016 | [4 | ] | 41,937 | ||
| Long-lived asset impairment | — | — | — | — | — | ||||
| Managed community reimbursement expense | 11,365 | — | — | — | 11,365 | ||||
| Third-party property management fees | 1,048 | 3,701 | — | — | 4,749 | ||||
| Total expenses | 151,606 | 74,009 | — | 10,178 | 235,793 | ||||
| Other income (expense): | |||||||||
| Interest income | 219 | 85 | — | — | 304 | ||||
| Interest expense | (12,833) | (7,590) | (12,065) | [1 | ] | 7,590 | [5 | ] | (24,898) |
| Loss from equity method investment | (208) | — | — | — | (208) | ||||
| Other income (expense), net | 554 | — | — | — | 554 | ||||
| Income (loss) before provision for income taxes | (41,242) | (1,689) | (12,065) | (2,426) | (57,422) | ||||
| Provision for income taxes | (208) | (134) | — | — | (342) | ||||
| Net income (loss) | (41,450) | (1,823) | (12,065) | (2,426) | (57,764) | ||||
| Less: Net loss attributable to noncontrolling interests | 222 | — | — | — | 222 | ||||
| Net income (loss) attributable to shareholders | (41,228) | (1,823) | (12,065) | (2,426) | (57,542) | ||||
| Dividends on Series A convertible preferred stock | (1,093) | — | — | 1,093 | [6 | ] | — | ||
| Deemed dividends on Series A convertible preferred stock | (19,069) | — | — | 19,069 | [6 | ] | — | ||
| Net loss attributable to common shareholders | $(61,390) | $(1,823) | $(12,065) | $17,736 | $(57,542) | ||||
| (Note 6) | |||||||||
| Weighted average common shares outstanding — basic and diluted | 25,694 | 47,635 | |||||||
| Basic and diluted net loss per common share | $(2.39) | $(1.21) | |||||||
5 | P a g e
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