Company: UHG
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001830188-25-000065
Chunk: 35

Company: United Homes Group, Inc.
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 1
Chunk 35
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 earnings from investment in joint venture$— $— $— $275 $275 Depreciation and amortization445 62 3 5 515 Interest expense(4)2,957 376 134 548 4,015 Three Months Ended June 30, 2024Other segment disclosuresGSH South CarolinaRosewoodOtherCorporate (3)TotalsEquity in net earnings from investment in joint venture$— $— $— $339 $339 Depreciation and amortization401 66 3 6 476 Interest expense(4)1,329 304 162 3,442 5,237 Six Months Ended June 30, 2025Other segment disclosuresGSH South CarolinaRosewoodOtherCorporate (3)TotalsEquity in net earnings from investment in joint venture$— $— $— $497 $497 Depreciation and amortization868 123 6 10 1,007 Interest expense(4)5,495 738 369 1,375 7,977 Six Months Ended June 30, 2024Other segment disclosuresGSH South CarolinaRosewoodOtherCorporate (3)TotalsEquity in net earnings from investment in joint venture$— $— $— $657 $657 Depreciation and amortization777 133 6 10 926 Interest expense(4)2,726 304 192 7,670 10,892 ____________(1)Segment revenues include revenue recognized at a point in time from speculative home closings and revenue recognized over time from construction activities on land owned by customers, in accordance with the Company's revenue recognition policy.(2)Other (income) expense, net includes, among other items, interest expense not attributable to homebuilding activities, investment income, and amortization expense.(3)Corporate items included within consolidated income before taxes include unallocated corporate overhead, stock-based compensation, corporate interest income and expense, and other corporate level items not allocated to the segments. Similarly, corporate items included within consolidated assets include corporate cash and cash equivalents, deferred tax assets attributable to the corporate entity, and operating lease right-of-use assets.

(4)Interest expense includes amounts recognized as interest expense in cost of sales and interest expense in other expense, net in the Condensed Consolidated Statements of Operations. 

Note 4 - Fair value measurementCertain assets and liabilities measured