Company: WBI
Filing Date: 2025-09-15
Form Type: S-1/A
Source: 0001193125-25-202719
Chunk: 478

Company: WaterBridge Infrastructure LLC
Filing Date: 2025-09-15
Form: S-1/A
Chunk 478
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 the aggregate, that raise substantial doubt about the Company’s ability to continue as a going concern for a reasonable period of time.

We are required to communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit, significant audit findings, and certain internal control–related matters that we identified during the audit.

/s/ WEAVER AND TIDWELL, L.L.P.

WEAVER AND TIDWELL, L.L.P.

Houston, Texas

March 14, 2025

<div align='center'>F-109</div>

Desert Environmental LLC and Subsidiaries Consolidated B alance Sheets (in thousands)

| ASSETS                                     
 CURRENT ASSETS                             |     | December 31, 
 2024         |        |     | December 31, 
 2023         |        |
|:-------------------------------------------|:----|:-------------|-------:|:----|:-------------|-------:|
| Cash and cash equivalents                  |     | $            |  1,516 |     | $            |    112 |
| Certificate of deposit                     |     |              |    104 |     |              |    206 |
| Accounts receivable, net                   |     |              |  6,209 |     |              |    559 |
| Related party receivable                   |     |              |  1,523 |     |              |    554 |
| Prepaid expenses and other assets          |     |              |    944 |     |              |     38 |
| Total current assets                       |     |              | 10,296 |     |              |  1,469 |
| NONCURRENT ASSETS                          |     |              |        |     |              |        |
| Property, plant and equipment, net         |     |              | 32,819 |     |              | 30,405 |
| Other noncurrent assets                    |     |              |     14 |     |              |     31 |
| Total noncurrent assets                    |     |              | 32,833 |     |              | 30,436 |
| TOTAL ASSETS                               |     | $            | 43,129 |     | $            | 31,905 |
| LIABILITIES AND MEMBER'S EQUITY            |     |              |        |     |              |        |
| CURRENT LIABILITIES                        |     |              |        |     |              |