Company: BWMN
Filing Date: 2025-03-12
Form Type: 10-K
Source: 0001628280-25-012365
Chunk: 177

Company: Bowman Consulting Group Ltd.
Filing Date: 2025-03-12
Form: 10-K
Item: Item 8
Chunk 177
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35,343-- - - - 35,354 Purchase of treasury stock-- -(340,879)(11,143)- - - (11,143)Issuance of new common shares under stock compensation plan775,9198 (8)-- - - - - Cancellation of common shares under stock compensation plan(41,177)(1)1-- - - - - Issuance of new common shares under employee stock purchase plan78,5331 1,920-- - - - 1,921 Stock based compensation-- 25,895-- - - - 25,895 Collections on stock subscription notes receivable-- - -- - 46 - 46 Exercises of conversion feature of convertible note192,0702 3,366-- - - - 3,368 Repurchases of common stock-- - (958,013)(23,348)- - - (23,348)Other comprehensive income, net of tax-- - -- 556 - - 556 Net income-- --- - - 3,034 3,034 Balance at December 31, 202421,281,247$213 $329,073 (3,899,109)$(60,901)$1,146 $(30)$(23,386)$246,115 

The accompanying notes are an integral part of these consolidated financial statements.

F-6

Table of Content

BOWMAN CONSULTING GROUP LTD.

CONSOLIDATED STATEMENTS OF CASH FLOWSFor the Year Ended     December 31,20242023Cash Flows from Operating Activities:Net income (loss)$3,034 $(6,624)Adjustments to reconcile net income (loss) to net cash provided by operating activitiesDepreciation and amortization - property and equipment14,463 9,732 Amortization of intangible assets13,982 8,991 Gain on sale of assets(477)(411)Credit losses1,552 515 Stock based compensation25,727 24,738 Deferred taxes(20,005)(25,529)Accretion of discounts on notes payable483 642 Changes in operating assets and liabilitiesAccounts receivable(9,282)(13,559)Contract assets(4,068)(