Company: WBI
Filing Date: 2025-06-02
Form Type: DRS/A
Source: 0000950123-25-005943
Chunk: 141

Company: WaterBridge Infrastructure LLC
Filing Date: 2025-06-02
Form: DRS/A
Chunk 141
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 |     |            |  (8,517 | ) |     |            |  141 | %  |     |                    | (26,066 | ) |     |      | (29,171 | ) |     |            |   3,105 |   |     |            |    (11 | )% |
| Net cash (used in) provided by financing activities  |     |                    | (11,709 | ) |     |      | (16,594 | ) |     |            |   4,885 |   |     |            |  (29 | )% |     |                    |  (2,827 | ) |     |      |  19,503 |   |     |            | (22,330 | ) |     |            |   (114 | )% |
| Net increase (decrease) in cash and cash equivalents |     | $                  | (34,548 | ) |     | $    | (10,742 | ) |     | $          | (23,806 | ) |     |            |  222 | %  |     | $                  |  14,319 |   |     | $    |    (552 | ) |     | $          |  14,871 |   |     |            | (2,694 | )% |

WaterBridge Equity Finance LLC Net Cash (Used in) Provided by Operating Activities. Net cash from operating activities decreased $20.2 million to $8.3 million of cash used in operating activities for the three months ended March 31, 2025 as compared to $11.9 million cash provided by operating activities for the three months ended March 31, 2024. The net decrease was primarily attributable to changes in working capital items, other than cash, of $23.8 million primarily attributable to overall timing of customer payments related to outstanding accounts receivable, partially offset by changes in accrued expenses primarily related to term loan interest. This was partially offset by lower net loss, net of non-cash items, of $3.6 million primarily attributable to lower interest expense. Net Cash Used in Investing Activities. Net cash used in investing activities increased for the three months ended March 31, 2025 as compared to the three months ended March 31, 2024. The net increase was primarily attributable to higher capital expenditures, inclusive of changes in associated working capital items, of $7.9 million related to expansion of our