Company: UHG
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001830188-25-000065
Chunk: 23

Company: United Homes Group, Inc.
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 1
Chunk 23
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 of Contents

UNITED HOMES GROUP, INC.

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY

(In thousands, except share amounts)

(Unaudited)

Common stockAdditional paid-in capitalRetained earningsTotal stockholders' equityClass AClass BSharesAmountSharesAmountBalance as of December 31, 202421,607,007 $2 36,973,876 $4 $53,937 $12,924 $66,867 Taxes related to net share settlement of restricted stock units— — — — (16)— (16)Issuance of shares related to restricted stock units21,505 — — — — — — Derecognition of derivative liability— — — — 113 — 113 Stock-based compensation expense— — — — 1,957 — 1,957 Net income— — — — — 18,180 18,180 Balance as of March 31, 202521,628,512 $2 36,973,876 $4 $55,991 $31,104 $87,101 Recognition of derivative liability related to equity incentive plan— — — — (4)— (4)Taxes related to net share settlement of restricted stock units— — — — (5)— (5)Stock-based compensation expense— — — — 1,411 — 1,411 Net loss— — — — — (6,341)(6,341)Balance as of June 30, 202521,628,512 $2 36,973,876 $4 $57,393 $24,763 $82,162 

Common stockAdditional paid-in capital(Accumulated deficit) Retained eaningsTotal stockholders' equityClass AClass BSharesAmountSharesAmountBalance as of December 31, 202311,382,282 $1 36,973,876 $4 $2,794 $(33,982)$(31,183)Exercise of employee stock options1,307 — — — 7 — 7 Issuance of shares related to restricted stock units14,000 — —