Company: RMIX
Filing Date: 2025-11-12
Form Type: S-4
Source: 0001104659-25-110488
Chunk: 637

Company: Suncrete, Inc.
Filing Date: 2025-11-12
Form: S-4
Chunk 637
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 1,324,000 | ​ | ​ |
| ​ |                   Total Lease Payments | ​ | ​ | ​ | ​ | 1,846,000 | ​ | ​ |
| ​ |                 Less: imputed interest | ​ | ​ | ​ | ​ |  -540,700 | ​ | ​ |
| ​ |     Present value of lease liabilities | ​ | ​ | ​ | ​ | 1,305,300 | ​ | ​ |
| ​ | Less: current obligations under leases | ​ | ​ | ​ | ​ |  -136,225 | ​ | ​ |
| ​ |                                  Total | ​ | ​ | ​ | $ | 1,169,075 | ​ | ​ |

Note 7. Asset Retirement Obligations Asset retirement obligations for the Companies result primarily from the acquisition, development, and/or normal use of stone and sand manufacturing plants and include the reclamation of site damage created during production operations, as well as subsequent removal of plant equipment. Reconciliation of the asset retirement obligation liability is as follows at December 31:

| ​                            | ​ | ​ | 2024 |   |        |   | ​ | ​ | 2023 |   |        |   | ​ |
|:-----------------------------|:--|:--|:-----|:--|-------:|:--|:--|:--|:-----|:--|-------:|:--|:--|
| Balance at beginning of year | ​ | ​ | ​    | $ | 50,000 | ​ | ​ | ​ | ​    | ​ | 50,000 | ​ | ​ |
| Accretion expense            | ​ | ​ | ​    | ​ |      — | ​ | ​ | ​ | ​    | ​ |      — | ​ | ​ |
| Balance at end of year       | ​ | ​ | ​    | $ | 50,000 | ​ | ​ | ​ | ​    | $ | 50,000 | ​ | ​ |

F-103

TABLE OF CONTENTS

SRM, INC. DBA SCHWARZ READY MIX AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
Years Ended December 31, 2024 and 2023 Note 8. Related-Party Transactions Transactions with companies under common ownership include the following at December 31:

| ​                             
 Accounts receivable           | ​ 
 ​ | ​ 
 ​ | 2024 
 ​