Lumexa Imaging Holdings, Inc.

Condensed Consolidated Balance Sheets (Unaudited)

(in thousands, except for common shares)

(1)

The Company’s condensed consolidated balance sheets include assets of consolidated variable interest entities (“VIEs”), that can only be used to settle obligations and liabilities of the VIE and for which creditors do not have recourse to the primary beneficiary (Lumexa Imaging Holdings, Inc.). As of June 30, 2026 and December 31, 2025, total assets of consolidated VIEs consisted of accounts receivable of $60,623 and $49,560, respectively; accounts receivable, related party of $3,094 and $5,811, respectively; prepaid expenses of $1,111 and $1,502, respectively; other receivables of $5,482 and $4,463, respectively; property and equipment, net of accumulated depreciation of $18,173 and $17,669, respectively; operating lease right-of-use assets of $10,457 and $9,541, respectively; goodwill of $101,802 and $101,802, respectively; investments in unconsolidated affiliates of $54,020 and $54,087, respectively; and other assets of $23,356 and $21,554, respectively. As of June 30, 2026 and December 31, 2025, total liabilities of consolidated VIEs consisted of accounts payable of $349 and $373, respectively; accrued expenses and other current liabilities of $18,662 and $18,150, respectively; current portion of operating leases of $1,721 and $1,647, respectively; other liabilities of $28,296 and $25,724, respectively; and long-term operating lease liabilities, less current maturities of $9,302 and $8,492, respectively. See Note 10 “Variable Interest Entities” for further discussion.