NUTEX HEALTH PROVIDES FINANCIAL REPORTING UPDATE

Core Viewpoint - Nutex Health Inc. has announced a non-reliance on previously issued financial statements due to a reclassification of obligations related to under-construction hospitals from equity to liability, which will result in non-cash adjustments [1][2] Financial Performance - Total revenue for the three months ended June 30, 2025, was $244.0 million, a 220.7% increase from $76.1 million in the same period of 2024 [6] - Revenue from mature hospitals increased by 203.2% in 2025 compared to 2024 [6] - Gross profit for the three months ended June 30, 2025, was $124.8 million, representing 51.1% of total revenue, compared to $22.6 million or 29.7% in the same period of 2024 [6] - Total visits at the Hospital Division were 45,573 for the three months ended June 30, 2025, an increase of 10.6% from 41,208 in the same period of 2024 [6] - The company collected $175 million in cash for the three months ended June 30, 2025, marking the highest collection amount for any quarter [6] - Adjusted EBITDA for the three months ended June 30, 2025, was $71.6 million, compared to $6.8 million in the same period of 2024 [6] - Operating cash flow was $27.1 million for the three months ended June 30, 2025, compared to $13.3 million in the same period of 2024 [6] - For the six months ended June 30, 2025, total revenue was $455.8 million, a 217.5% increase from $143.5 million in the same period of 2024 [6] - Adjusted EBITDA for the six months ended June 30, 2025, was $144.4 million, compared to $6.4 million in the same period of 2024 [12] Operational Updates - The company plans to amend its financial statements for the first quarter of 2025 and the fiscal year ended December 31, 2024, to correct the classification of obligations [2] - Nutex received a delinquency notification from Nasdaq due to delayed filing of its Quarterly Report for the period ended June 30, 2025, and must submit a compliance plan by October 20, 2025, to avoid potential delisting [8] Company Overview - Nutex Health Inc. is a physician-led integrated healthcare delivery system with 24 micro hospitals and outpatient departments across 11 states [1][9] - The company operates two divisions: a Hospital Division and a Population Health Management Division, focusing on innovative healthcare models [9][10]