Company: WBI
Filing Date: 2025-08-22
Form Type: S-1
Source: 0000950170-25-111048
Chunk: 467

Company: WaterBridge Infrastructure LLC
Filing Date: 2025-08-22
Form: S-1
Chunk 467
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   |          112 |   |     |   |           44 |   |
| CASH AND CASH EQUIVALENTS, end of year                                           | $ |        1,516 |   |     | $ |          112 |   |
| SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION                                 |   |              |   |     |   |              |   |
| Interest paid                                                                    | $ |          751 |   |     | $ |           10 |   |
| NON CASH INVESTING AND FINANCING ACTIVITIES                                      |   |              |   |     |   |              |   |
| Accrued capital expenditures                                                     | $ |          115 |   |     | $ |        5,931 |   |
| Insurance financing note payable                                                 | $ |          979 |   |     | $ |          294 |   |
| Asset retirement obligation additions                                            | $ |        1,649 |   |     | $ |            - |   |

The Notes to Consolidated Financial Statements are an integral part of these statements.

<div align='center'>F-112

Desert Environmental LLC and Subsidiaries

Notes to Consolidated Financial Statements</div>

Desert Environmental LLC and subsidiaries (together with its subsidiaries the “Company”, “we”, “our”, “us”) is a Delaware limited liability company that was formed on April 6, 2022 by entities affiliated with Five Point Energy Fund III LP (“Fund III”).

On October 31, 2022, Fund III contributed, as a capital contribution, all of the issued and outstanding limited liability company interests of the Company to Desert Environmental Holdings LLC (the “Parent”). The Company is a wholly owned subsidiary of the Parent. The Company is governed by the Amended and Restated Limited Liability Company Agreement, dated September 15, 2023 (the “LLC Agreement”).

The consolidated financial statements include the accounts of the Company and its subsidiaries, which include:

Safefill Pecos, LLC – 100% of the issued and outstanding membership interests of Safefill Pecos, LLC were purchased by Desert Environmental LLC on November 1, 2022. Safefill Pecos is a Texas limited liability company that was originally formed in March 2019.

Desert Reclamation LLC – a Delaware limited liability company, formed April 6, 2022. Desert Environmental LLC is the sole member