EX-99.2 3 nutx-20230302xex99d2.htm EX-99.2

Exhibit 99.2

Supplemental Financial Disclosures

Revised Consolidated Balance Sheets

June 30, 2022

As

As

Reported

Revisions

Revised

Revised balance sheet information

Total current assets

$

148,980,554

$

-

$

148,980,554

Goodwill

425,355,837

(10,331,537)

415,024,300

Other long-term assets

297,456,869

-

297,456,869

Total assets

$

871,793,260

$

(10,331,537)

$

861,461,723

Total liabilities

$

305,379,017

$

-

$

305,379,017

Equity:

Common stock

648,918

-

648,918

Additional paid-in capital

467,402,221

(10,331,537)

457,070,684

Retained earnings

63,550,536

-

63,550,536

Nutex Health Inc. equity

531,601,675

(10,331,537)

521,270,138

Noncontrolling interests

34,812,568

-

34,812,568

Total equity

566,414,243

(10,331,537)

556,082,706

Total liabilities and equity

$

871,793,260

$

(10,331,537)

$

861,461,723

September 30, 2022

As

As

Reported

Revisions

Revised

Revised balance sheet information

Equity:

Common stock

$

649,770

$

-

$

649,770

Additional paid-in capital

468,802,618

(10,331,537)

458,471,081

Retained earnings (accumulated deficit)

(358,967,267)

10,331,537

(348,635,730)

Nutex Health Inc. equity

110,485,121

-

110,485,121

Noncontrolling interests

22,042,881

-

22,042,881

Total equity

$

132,528,002

$

-

$

132,528,002


Revised Consolidated Statements of Operations

Three Months Ended September 30, 2022

As

As

Reported

Revisions

Revised

Revised statements of operations information

Revenue

$

28,395,058

$

-

$

28,395,058

Operating costs and expenses

54,863,504

-

54,863,504

Impairment of goodwill

408,466,575

(10,331,537)

398,135,038

General and administrative expenses

4,077,255

-

4,077,255

Operating income

(439,012,276)

10,331,537

(428,680,739)

Interest expense

3,402,606

-

3,402,606

Other expense (income)

(630,450)

-

(630,450)

Income tax expense

(8,543,880)

-

(8,543,880)

Net income (loss)

(433,240,552)

10,331,537

(422,909,015)

Net income (loss) attributable to noncontrolling interests

(10,722,749)

-

(10,722,749)

Net income (loss) attributable to Nutex

$

(422,517,803)

$

10,331,537

$

(412,186,266)

Nine Months Ended September 30, 2022

As

As

Reported

Revisions

Revised

Revised statements of operations information

Revenue

$

165,570,233

$

-

$

165,570,233

Operating costs and expenses

152,648,175

-

152,648,175

Acquisition costs

3,885,666

-

3,885,666

Impairment of goodwill

408,466,575

(10,331,537)

398,135,038

General and administrative expenses

11,721,597

-

11,721,597

Operating income

(411,151,780)

10,331,537

(400,820,243)

Interest expense

9,628,189

-

9,628,189

Other expense (income)

346,873

-

346,873

Income tax expense

11,285,729

-

11,285,729

Net income (loss)

(432,412,571)

10,331,537

(422,081,034)

Net income (loss) attributable to noncontrolling interests

(12,052,765)

-

(12,052,765)

Net income (loss) attributable to Nutex

$

(420,359,806)

$

10,331,537

$

(410,028,269)


Revised Consolidated Statements of Changes in Equity

Three months ended June 30, 2022

As

As

Reported

Revisions

Revised

Revised statements of changes in equity information

Reverse acquisition with Clinigence

Common stock

$

50,961

$

-

$

50,961

Additional paid-in capital

446,780,842

(10,331,537)

436,449,305

Noncontrolling interest

194,747

-

194,747

Total reverse acquisition with Clinigence

$

447,026,550

$

(10,331,537)

$

436,695,013

Three months ended September 30, 2022

As

As

Reported

Revisions

Revised

Revised statements of changes in equity information

Balance at June 30, 2022

Common stock

$

648,918

$

-

$

648,918

Additional paid-in capital

467,402,221

(10,331,537)

457,070,684

Retained earnings

63,550,536

-

63,550,536

Noncontrolling interest

34,812,568

-

34,812,568

Total balance at June 30, 2022

$

566,414,243

$

(10,331,537)

$

556,082,706

Net income (loss)

Retained earnings

$

(422,517,803)

$

10,331,537

$

(412,186,266)

Noncontrolling interest

(10,722,749)

-

(10,722,749)

Total net income (loss)

$

(433,240,552)

$

10,331,537

$

(422,909,015)


Revised Consolidated Statement of Cash Flows

Nine months ended September 30, 2022

As

As

Reported

Revisions

Revised

Revised statement of cash flows

Net income (loss)

$

(432,412,571)

$

10,331,537

$

(422,081,034)

Impairment of goodwill

408,466,575

(10,331,537)

398,135,038

Net cash from operating activities

46,101,114

-

46,101,114