v3.26.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Revenues:    
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 0
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) 0
Net loss attributable to common shareholders $ (61,390) $ (13,938)
Weighted average common shares outstanding — basic (in shares) 25,694 18,047
Weighted average common shares outstanding — diluted (in shares) 25,694 18,047
Basic net loss per share - common shareholders (in USD per share) $ (2.39) $ (0.77)
Diluted net loss per share - common shareholders (in USD per share) $ (2.39) $ (0.77)
Resident revenue    
Revenues:    
Total revenues $ 108,427 $ 79,255
Rental income    
Revenues:    
Total revenues 1,695 0
Management fee income    
Revenues:    
Total revenues 1,145 1,061
Managed community reimbursement revenue    
Revenues:    
Total revenues $ 11,365 $ 11,607