Company: WBI
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001193125-25-278007
Chunk: 0

Company: WaterBridge Infrastructure LLC
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 1
Chunk 0
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WaterBridge Infrastructure LLC and Subsidiaries

Condensed Consolidated Balance Sheets

(in thousands) 

(unaudited)

     September 30,2025

     December 31,2024

     Current assets:

     Cash and cash equivalents
      
     $
     346,649

     $
     13,284

     Accounts receivable, net

     153,222

     49,472

     Other receivables

     1,985

     1,549

     Related party accounts receivable

     35,884

     50,025

     Prepaid expenses and other current assets

     17,350

     6,008

     Total current assets

     555,090

     120,338

     Non-current assets:

     Property, plant and equipment, net

     2,201,224

     1,101,041

     Goodwill

     52,119

     9,091

     Intangible assets, net

     967,724

     98,589

     Deferred tax assets

     133,630

     -

     Other assets

     29,420

     21,528

     Total non-current assets

     3,384,117

     1,230,249

     Total assets
      
     $
     3,939,207

     $
     1,350,587

     Liabilities and equity

     Current liabilities:

     Accounts payable
      
     $
     43,146

     $
     16,899

     Related party accounts payable

     5,018

     13,721

     Accrued liabilities

     81,720

     44,553

     Current portion of long-term debt

     33,336

     6,536

     Other current liabilities

     1,783

     1,759

     Total current liabilities

     165,003

     83,468

     Non-current liabilities:

     Long-term debt, net of debt issuance costs

     1,682,211

     586,417

     Tax receivable agreement liability

     201,613

     -

     Other long-term liabilities

     30,316

     17,653

     Total non-current liabilities

     1,914,140

     604,070

     Total