Company: WBI
Filing Date: 2025-08-22
Form Type: S-1
Source: 0000950170-25-111048
Chunk: 373

Company: WaterBridge Infrastructure LLC
Filing Date: 2025-08-22
Form: S-1
Chunk 373
---
 our leases contain non-lease components which are not separated from the lease components when calculating the right-of-use asset and lease liability per our use of the practical expedient to combine both components of an arrangement for all classes of leased assets. Certain of our leases also contain variable payments, such as inflation, that are not included when calculating the right-of-use asset and lease liability unless the payments are in-substance fixed. Lease expense for finance leases is recognized as the sum of the amortization of the right-of-use assets on a straight-line basis and the interest on lease liabilities using the effective interest method over the lease term.

<div align='center'>F-36

WaterBridge NDB Operating LLC and Subsidiaries

Notes to the Consolidated Financial Statements</div>

The following table shows the classification and location of our right-of-use assets and lease liabilities on our consolidated balance sheets:

|                                       |     |                                                                | Consolidated Balance Sheets Location | December 31, |  2024 |     |   |  2023 |
|:--------------------------------------|:----|:---------------------------------------------------------------|:-------------------------------------|:-------------|------:|:----|:--|------:|
| Right-of-use assets-financing         |     | Property, plant and equipment, net of accumulated depreciation |                                      | $            | 4,153 |     | $ | 4,225 |
| Current finance lease liabilities     |     | Other current liabilities                                      |                                      | $            | 1,322 |     | $ | 1,150 |
| Non-current finance lease liabilities |     | Other long-term liabilities                                    |                                      |              | 2,826 |     |   | 2,971 |
| Total lease liabilities               |     |                                                                |                                      | $            | 4,148 |     | $ | 4,121 |

The following table shows the classification and location of our lease costs on our consolidated statements of operations:

|                                     |     |                                          | Consolidated Statements of Operations Location | Year Ended December 31, |  2024 |     |   |  2023 |
|:------------------------------------|:----|:-----------------------------------------|:-----------------------------------------------|:------------------------|------:|:----|:--|------:|
| Finance lease cost:                 |     |                                          |                                                |                         |       |     |   |       |
| Amortization of right-of-use assets |     | Depreciation, amortization and accretion |                                                | $