Company: SDHC
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001628280-25-049591
Chunk: 19

Company: Smith Douglas Homes Corp.
Filing Date: 2025-11-05
Form: 10-Q
Item: Part I, Item 1
Chunk 19
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(Unaudited and in thousands, except unit and share amounts)

Smith Douglas Holdings LLC Members’ Equity (prior toReorganization Transactions) Note 1Smith Douglas Homes Corp. Stockholders’ EquityClass A UnitsClass C Units Class D Units Class ACommon StockClass BCommon StockNon-ControllingInterests Units Amount Units Amount Units Amount SharesAmountShares AmountAdditionalPaid-inCapital RetainedEarnings Stockholders’Equity Amounts Total Equity Balance June 30, 2024—$— —$— —$— 8,846,154$1 42,435,897$4 $55,776 $6,321 $62,102 $282,457 344,559 Tax distributions—— —— —— —— —— — (248)(248)(11,009)(11,257)Equity-based compensation—— —— —— —— —— 1,234 — 1,234 — 1,234 Net income—— —— —— —— —— — 5,347 5,347 32,477 37,824 Balance September 30, 2024—$— —$— —$— 8,846,154$1 42,435,897$4 $57,010 $11,420 $68,435 $303,925 $372,360 Balance December 31, 2023111,111$206,303 2,000$2,000 600$600 $208,903 Distributions—(16,259)—— —— (16,259)Net loss prior to Reorganization Transactions and IPO—(1,160)—— —— (1,160)Reorganization Transactions(111,111)(188,884)—— —— —$— 44,871,794$4 $— $— 4 $188,884 4 IPO and Related Transactions—— (2,000)(2,000)(600)(600)8,846,1541 (2,435,897)— 52,989 — 52,990 65,333 115,723 Increase in deferred tax asset from IPO and Related Transactions—— —— —— —— —— 858 — 858 — 858 Tax distributions—— —— —— —— —— —