Company: UHG
Filing Date: 2025-03-14
Form Type: 10-K
Source: 0001830188-25-000012
Chunk: 112

Company: United Homes Group, Inc.
Filing Date: 2025-03-14
Form: 10-K
Item: Item 8
Chunk 112
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,091)10,988,922 Change in fair value of equity incentive plan(339,356)(248,926)Change in fair value of contingent consideration(663,000)181,000 Distribution from joint venture2,205,000 — Net change in operating assets and liabilities:Accounts receivable(2,509,861)153,819 Related party receivable, net(99,688)1,349,235 Inventories45,572,678 22,247,292 Lot deposits(12,081,297)(25,380,030)Prepaid expenses and other assets17,630 (143,791)Accounts payable(21,153,737)11,674,490 Operating lease liabilities(1,016,135)(943,153)Income tax receivable/ payable(3,144,915)426,933 Other accrued expenses and liabilities6,969,700 2,175,776 Net cash flows provided by operating activities15,443,642 28,224,880 Cash flows from investing activities:Purchases of property and equipment(31,750)(162,328)Proceeds from the sale of property and equipment110,000 66,100 Proceeds from promissory note issued for sale of property and equipment— 93,286 Proceeds from related party note receivable78,400 — Payments on business acquisitions, net of cash acquired(12,742,895)(24,298,043)Net cash flows used in investing activities(12,586,245)(24,300,985)Cash flows from financing activities:Proceeds from homebuilding debt73,000,000 72,500,000 Repayments of homebuilding debt(103,956,663)(105,055,992)Proceeds from sale of real estate inventory not owned18,048,898 — Repayments of liabilities from real estate inventory not owned(11,348,784)— Repayments on private investor loans(4,012,000)(105,000)Payment of debt issuance costs(2,811,948)(3,240,984)Proceeds from exercise of employee stock options74,471 5,765 Repayment of the Convertible Notes payable(70,822,938)— 

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Proceeds from the Term Loan67,900,000 — Taxes related to net share settlement of performance stock units(22,633)—