Company: BWMN
Filing Date: 2025-05-07
Form Type: 10-Q
Source: 0001628280-25-023232
Chunk: 2

Company: Bowman Consulting Group Ltd.
Filing Date: 2025-05-07
Form: 10-Q
Item: Part I, Item 1
Chunk 2
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11)Diluted$(0.11)$(0.11)Weighted average shares outstanding:Basic16,356,33113,827,728Diluted16,356,33113,827,728

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

3

BOWMAN CONSULTING GROUP LTD.

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)

(Amounts in thousands)

(Unaudited)

For the Three MonthsEnded March 31,20252024Net loss$(1,744)$(1,558)Other comprehensive lossPension and post-retirement adjustments(32)(11)Other comprehensive loss(32)(11)Income tax provision related to items of other comprehensive loss– – Other comprehensive loss, net of tax(32)(11)Comprehensive loss, net of tax$(1,776)(1,569)

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

4

BOWMAN CONSULTING GROUP LTD. 

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY

For the Three Months Ended March 31, 2025 and 2024

(Amounts in thousands except per share data)

(Unaudited)

Common StockAdditionalPaid-inCapitalTreasury Stock Accumulated Other Comprehensive IncomeStockSubscriptionNotesReceivable AccumulatedDeficit TotalShareholders'EquitySharesAmountShares Amount Balance at January 1, 202417,694,495$177 $215,420 (2,600,217)$(26,410)$590 $(76)$(26,420)$163,281 Issuance of new common shares107,9271 3,702 –– – – – 3,703 Purchase of treasury stock–– – (163,082)(5,732)– – – (5,732)Issuance of new common shares under stock compensation plan349,1513 (3)–– – – – – Cancellation of shares under stock compensation plan(22,855)–––––––– Issuance of new common shares under employee stock purchase plan15,099– 466 –– – – – 466 Stock based compensation–– 6,425 –– – –– 6,425 Collection on stock subscription notes receivable