Company: WBI
Filing Date: 2025-09-18
Form Type: 424B4
Source: 0001193125-25-206805
Chunk: 491

Company: WaterBridge Infrastructure LLC
Filing Date: 2025-09-18
Form: 424B4
Chunk 491
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 are based on the best information available at the time. As any new information becomes available, the Company reassesses the potential liability related to pending litigation. As of December 31, 2024 and 2023, the Company did not record any liabilities related to any legal matters.

<div align='center'>F-122

Desert Environmental LLC and Subsidiaries

Notes to Consolidated Financial Statements</div>

Management has evaluated subsequent events through March 14, 2025, the date which the consolidated financial statements were available to be issued.

On February 4, 2025, the Company amended the Credit Facilities to add an additional $5.0 million term loan (the “New Term Loan”) and increase the total Revolving Credit Facility commitment to the lesser of (i) $4.0 million and (ii) the Borrowing Base, as well as to extend the maturity dates of the Term Loan and Revolving Credit Facility to March 31, 2030 and October 3, 2027, respectively. The maturity date of the New Term Loan is October 3, 2030.

<div align='center'>F-123</div>

Desert Environmental LLC and Subsidiaries Unaudited Condensed Co nsolidated Balance Sheets (in thousands)

|                                            |   | June 30, 
     2025 |     |   | December 31, 
         2024 |
|:-------------------------------------------|:--|---------:|:----|:--|-------------:|
| ASSETS                                     |   |          |     |   |              |
| CURRENT ASSESTS                            |   |          |     |   |              |
| Cash and cash equivalents                  | $ |    3,147 |     | $ |        1,516 |
| Certificate of deposit                     |   |      104 |     |   |          104 |
| Accounts receivable, net                   |   |    9,605 |     |   |        6,209 |
| Related party receivable                   |   |    1,346 |     |   |        1,523 |
| Prepaid expenses and other assets          |   |      536 |     |   |          944 |
| Total current assets                       |   |   14,738 |     |   |       10,296 |
| NONCURRENT ASSETS                          |   |          |     |   |              |
| Property, plant and equipment, net