Company: UHG
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001830188-25-000065
Chunk: 25

Company: United Homes Group, Inc.
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 1
Chunk 25
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613 771 Provision for deferred income taxes(163)(889)Change in fair value of contingent earnout liability(13,918)(54,008)Change in fair value of warrant liabilities(1,044)(4,262)Change in fair value of equity incentive plan(76)(165)Change in fair value of contingent consideration46 (851)Net change in operating assets and liabilities:Accounts receivable(2,107)743 Due from related party(1)88 Inventories(131)8,005 Lot deposits3,215 (6,320)Prepaid expenses and other assets(1,979)(890)Accounts payable4,456 (15,749)Operating lease liabilities(637)(524)Income tax receivable/ payable(2,831)(4,231)Due to related parties(113)75 Other accrued expenses and liabilities1,408 817 Net cash flows provided by (used in) operating activities2,780 (19,143)Cash flows from investing activities:Purchases of property and equipment(269)(29)Proceeds from the sale of property and equipment51 — Payments on business acquisition— (12,743)Proceeds from related party note receivable42 39 Net cash flows used in investing activities(176)(12,733)Cash flows from financing activities:Proceeds from syndicated line of credit41,000 39,000 Repayments of syndicated line of credit(27,000)(47,429)Proceeds from sale of real estate inventory not owned— 18,050 

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Repayments of liabilities from real estate inventory not owned(4,042)(4,923)Repayments on private investor loans— (4,012)Payment of deferred financing costs— (577)Taxes related to net share settlement of restricted stock units(21)— Proceeds from exercise of employee stock options— 11 Net cash flows provided by financing activities9,937 120 Net change in cash, cash equivalents, and restricted cash12,541 (31,756)Cash, cash equivalents, and restricted cash, beginning of period25,549 56,672 Cash, cash equivalents, and restricted cash, end of period$38,090 $24,916 Supplemental cash flow information:Cash paid for interest$8,170 $11,061 Cash paid for income taxes$1,433 $4,093