urban-gro, Inc. (Exact name of registrant as specified in its charter) For the quarterly period ended September 30, 2021 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________. Commission File Number: 001-39933 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (State or other jurisdiction of incorpo ...

urban-gro, Inc. (NASDAQ:UGRO) Q2 2021 Results Earnings Conference Call August 11, 2021 4:15 PM ET Company Participants Bradley Nattrass - Co-Founder, Chairman and Chief Executive Officer Dick Akright - Chief Financial Officer Conference Call Participants Gerry Sweeney - ROTH Capital Partners Eric Des Lauriers - Craig-Hallum Operator Hello and welcome to the urban-gro 2021 Second Quarter Earnings Conference Call. [Operator Instructions] Note that this conference call is being recorded at the company’s reques ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2021 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________. Commission File Number: 000-52898 urban-gro, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporatio ...

Financial Data and Key Metrics Changes - Total revenue reached a record $12 million in Q1 2021, up 182% from $4.3 million in Q1 2020, and compared to $9.2 million and $8.4 million in Q4 and Q3 2020 respectively [14] - Positive income from operations of $153,000 was reported for the first time, compared to a loss of $1.4 million in Q1 2020 [15] - Adjusted EBITDA was $0.5 million, an improvement of $1.4 million from a loss of $0.9 million in the same period last year [16] - Backlog at the end of Q1 was a record $15.2 million, up from $14.6 million at the end of 2020 [17] - Net loss for Q1 2021 was $1.6 million, slightly improved from a net loss of $1.7 million in Q1 2020 [18] - Cash as of March 31, 2021, stood at $50 million with only $1 million of low-interest debt remaining [19] Business Line Data and Key Metrics Changes - The company is expanding its services offerings, particularly through its managed services platform branded as gro-care, which is expected to drive strong demand [10] - The development of a turnkey facility offering is in progress, aiming to deliver operation-ready high-performance facilities [11] Market Data and Key Metrics Changes - The company is successfully expanding its reach within the food-focused vertical farming market while continuing to capture market share in the global cannabis market [9] - Two commercial agent representation agreements were signed in Q1 for expansion into Europe, indicating growth opportunities in that region [11] Company Strategy and Development Direction - The company is focused on three growth initiatives: expanding service offerings, launching turnkey facilities, and expanding global reach [10] - The strategy includes targeting accretive, synergistic acquisitions to enhance service offerings and market access [32] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's momentum and ability to capitalize on opportunities in both cannabis and food markets [48] - The elimination of non-recurring non-operating expenses is expected to positively impact future net income results [18] Other Important Information - The company has achieved three consecutive quarters of positive operating cash flow [21] - The focus remains on increasing higher-margin components of revenue and reducing operating expenses as a percentage of revenue [20] Q&A Session Summary Question: Understanding the backlog increase - Management clarified that the backlog of $15.2 million consists of signed contracts yet to be recognized as revenue, with expectations to work through the majority within six months [24][26] Question: Acquisition strategy and market pricing - The company is looking for synergistic, cash flow positive acquisitions to enhance service offerings and market access, with favorable pricing conditions currently observed [31] Question: Gross margin volatility and future expectations - Management indicated that while gross margins may fluctuate based on equipment sales, they expect to stabilize and improve with increased service revenue [35] Question: Correlation between services revenue and equipment sales - Management noted that as equipment sales increase, there is a corresponding opportunity for services revenue, emphasizing the importance of maintaining client relationships [38] Question: Strategies to reduce net loss and grow revenues - The focus is on increasing revenue and associated gross margins while maintaining or reducing operating expenses to eliminate net loss [46]

[X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2021 [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q For the transition period from _________ to _________. Commission File Number: 000-52898 urban-gro, Inc. (Exact name of registrant as specified in its charter) (State or other juris ...

U.S. SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark one) Commission File Number: 000-52898 URBAN-GRO, INC. (Exact name of registrant as specified in its charter) Delaware 46-5158469 (State or other jurisdiction of incorporation or organization) 1751 Panorama Point Unit G Lafayette, CO 80026 (720) 390-3880 (Address of principal executive office) (Zip Code) (Registrant's telephone number, Including area code) Securities registered pursuant to Section 12(b) of the Act: None Securitie ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2020 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________. Commission File Number: 000-52898 urban-gro, Inc. (Exact name of registrant as specified in its charter) Delaware 46-5158469 ( ...

Table of Contents U.S. SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended June 30, 2020 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________. Commission File Number: 000-52898 1751 Panorama Point Unit G Lafayette, CO 80026 (Address of principal executive offices)(Zip Code) (720) 39 ...

Table of Contents (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) U.S. SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2020 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 000-52898 urban-gro, Inc. (Exact nam ...

Table of Contents U.S. SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark one) Commission File Number: 000-52898 URBAN-GRO, INC. (Exact name of registrant as specified in its charter) Colorado 46-5158469 (State or other jurisdiction of incorporation or organization) 1751 Panorama Point Unit G Lafayette, CO 80026 (720) 390-3880 (Address of principal executive office) (Zip Code) (Registrant's telephone number, Including area code) Securities registered pursuant to Section 12(b) of the A ...