Company: UHG
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001830188-25-000079
Chunk: 32

Company: United Homes Group, Inc.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 1
Chunk 32
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 an integral part of these statements.

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Table of Contents

UNITED HOMES GROUP, INC.

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY

(In thousands, except share amounts)

(Unaudited)

Common stockAdditional paid-in capitalRetained earnings (accumulated deficit)Total stockholders' equityClass AClass BSharesAmountSharesAmountBalance as of December 31, 202421,607,007 $2 36,973,876 $4 $53,937 $12,924 $66,867 Taxes related to net share settlement of restricted stock units— — — — (16)— (16)Issuance of shares21,505 — — — — — — Derecognition of derivative liability— — — — 113 — 113 Stock-based compensation expense— — — — 1,957 — 1,957 Net income— — — — — 18,180 18,180 Balance as of March 31, 202521,628,512 $2 36,973,876 $4 $55,991 $31,104 $87,101 Taxes related to net share settlement of restricted stock units— — — — (5)— (5)Recognition of derivative liability— — — — (4)— (4)Stock-based compensation expense— — — — 1,411 — 1,411 Net loss— — — — — (6,341)(6,341)Balance as of June 30, 202521,628,512 $2 36,973,876 $4 $57,393 $24,763 $82,162 Taxes related to net share settlement of restricted stock units— — — — (25)— (25)Exercise of employee stock options44,256 — — — 129 — 129 Issuance of shares165,594 — — — 423 — 423 Derecognition of derivative liability1,400 — — — 2 — 2 Stock-based compensation expense— — — — 1,513