Company: UHG
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001830188-25-000065
Chunk: 34

Company: United Homes Group, Inc.
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 1
Chunk 34
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 Change in fair value of derivative liabilities15,038 Consolidated income before taxes$10,279 Six Months Ended June 30, 2024GSH South CarolinaRosewoodOtherCorporate (3)TotalsSegment revenue, net (1)$187,965 $14,189 $8,104 $— $210,258 Cost of sales150,699 13,386 7,270 3,231 174,586 Segment gross profit (loss)37,266 803 834 (3,231)35,672 Severance expense92 — 1,088 — 1,180 Selling, general and administrative expense22,758 442 1,553 10,735 35,488 Other expense, net (2)1,050 342 64 4,089 5,545 Total segment income (loss) before taxes$13,366 $19 $(1,871)$(18,055)$(6,541)Reconciling items:Reconciling items from equity method investments657 Change in fair value of derivative liabilities58,435 Consolidated income before taxes$52,551 As of June 30, 2025GSH South CarolinaRosewoodOtherCorporate (3)TotalsGoodwill$3,573 $5,207 $500 $— $9,280 Investment in joint venture— — — 1,183 1,183 Other assets195,104 20,224 11,273 44,002 270,603 Total segment assets$198,677 $25,431 $11,773 $45,185 $281,066 As of December 31, 2024GSH South CarolinaRosewoodOtherCorporate (3)TotalsGoodwill$3,573 $5,207 $500 $— $9,280 Investment in joint venture— — — 691 691 Other assets163,997 27,913 21,379 42,121 255,410 Total segment assets$167,570 $33,120 $21,879 $42,812 $265,381 

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Three Months Ended June 30, 2025Other segment disclosuresGSH South CarolinaRosewoodOtherCorporate (3)TotalsEquity in net