Company: BHR-PD
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0001574085-25-000092
Chunk: 3

Company: Braemar Hotels & Resorts Inc.
Filing Date: 2025-08-11
Form: 10-Q
Item: Part I, Item 1
Chunk 3
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 COMPANY(5,467)(11,565)5,531 4,364 Preferred dividends(8,992)(10,329)(18,261)(20,736)Deemed dividends on preferred stock(1,559)(26)(5,835)(2,024)NET INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCKHOLDERS$(16,018)$(21,920)$(18,565)$(18,396)INCOME (LOSS) PER SHARE - BASIC:Net income (loss) attributable to common stockholders$(0.24)$(0.33)$(0.28)$(0.28)Weighted average common shares outstanding – basic67,279 66,501 67,013 66,478 INCOME (LOSS) PER SHARE - DILUTED:Net income (loss) attributable to common stockholders$(0.24)$(0.33)$(0.28)$(0.28)Weighted average common shares outstanding – diluted67,279 66,501 67,013 66,478 

See Notes to Condensed Consolidated Financial Statements.

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BRAEMAR HOTELS & RESORTS INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)

(unaudited, in thousands)

Three Months Ended June 30,Six Months Ended June 30,2025202420252024NET INCOME (LOSS)$(6,841)$(13,787)$3,831 $1,695 OTHER COMPREHENSIVE INCOME (LOSS), NET OF TAX:Unrealized gain (loss) on investment in securities(260)— 599 — Total other comprehensive income (loss)(260)— 599 — TOTAL COMPREHENSIVE INCOME (LOSS)(7,101)(13,787)4,430 1,695 Comprehensive (income) loss attributable to noncontrolling interest in consolidated entities(115)303 (51)1,046 Comprehensive (income) loss attributable to redeemable noncontrolling interests in operating partnership1,519 1,919 1,701 1,623 COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO THE COMPANY$(5,697)$(11,565)$6,080 $4,364 

See Notes to Condensed Consolidated Financial Statements.

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