BRAEMAR HOTELS & RESORTS INC.
Balance Sheet
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $93.9M | $93.4M | $124.4M | $116.3M | $80.2M | $81.7M | $135.5M | $168.7M |
| Accounts Receivable | — | — | — | — | — | — | — | — |
| Inventory | $3.3M | $4.9M | $4.7M | $4.6M | $4.7M | $4.7M | $4.7M | $4.6M |
| Total Current Assets | — | — | — | — | — | — | — | — |
| Property, Plant & Equipment | $1.10B | $1.54B | $1.56B | $1.68B | $1.78B | $1.77B | $1.78B | $1.79B |
| Goodwill | — | — | — | — | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | $0 | $2.7M | $2.7M | $2.8M | $2.9M | $3.0M | $3.1M | $3.2M |
| Total Assets | $1.66B | $1.85B | $1.86B | $2.01B | $2.06B | $2.10B | $2.14B | $2.18B |
| Liabilities | ||||||||
| Accounts Payable | — | — | — | — | — | — | — | — |
| Total Current Liabilities | — | — | — | — | — | — | — | — |
| Long-Term Debt | $745.9M | $1.11B | $1.10B | $1.16B | $1.21B | $1.20B | $1.21B | $1.21B |
| Total Liabilities | $1.18B | $1.35B | $1.34B | $1.37B | $1.40B | $1.40B | $1.41B | $1.41B |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-561.6M | $-561.6M | $-568.5M | $-515.8M | $-502.4M | $-482.6M | $-477.8M | $-442.2M |
| Total Stockholders' Equity | $147.0M | $147.0M | $138.7M | $211.9M | $225.1M | $238.9M | $240.7M | $276.9M |