Company: WBI
Filing Date: 2025-09-15
Form Type: S-1/A
Source: 0001193125-25-202719
Chunk: 489

Company: WaterBridge Infrastructure LLC
Filing Date: 2025-09-15
Form: S-1/A
Chunk 489
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 full or in part, at any time without penalty. For the years ended December 31, 2024 and 2023, the Company paid $14 thousand and $346 thousand, respectively, in debt issuance costs related to both the Term Loan and Revolving Credit Facility and reflects the amortization of these costs as interest expense. For the years ended December 31, 2024 and 2023, the Company recognized $70 thousand and $17 thousand in amortized debt issuance costs, respectively.

<div align='center'>F-119

Desert Environmental LLC and Subsidiaries

Notes to Consolidated Financial Statements</div>

Insurance Note Payable During 2024, the Company entered into two promissory notes for the payment of insurance premiums with an aggregate principal amount of $979 thousand payable through December 2025. The notes payable incurred interest at a fixed rate of 8.362% and 7.94% during 2024. Interest expense incurred on the outstanding notes payable during the year ended December 31, 2024 was $19 thousand. At December 31, 2024, there was a $527 thousand outstanding balance on the note payable. During 2023, the Company entered into a promissory note for the payment of insurance premiums with an aggregate principal amount of $294 thousand payable through December 2023. The note payable incurred interest at a fixed rate of 6.80% during 2023. Interest expense incurred on the outstanding note payable during the year ended December 31, 2023 was $10 thousand. At December 31, 2023, there was no outstanding balance on the note payable. As of December 31, 2024, estimated future principal payment obligations related to the debt for each of the next five years are as follows:

| Year Ending December 31,                                
 2025                                                    |     |   |  2,527 |
|:--------------------------------------------------------|:----|:--|-------:|
| 2026                                                    |     |   |  2,000 |
| 2027                                                    |     |   |  2,000 |
| 2028                                                    |     |   |  2,000 |
| 2029                                                    |     |   |  2,000 |
| Total maturities before unamortized debt issuance costs |     | $ | 10,527 |

Note 6. Member’s Equity As provided for in the LLC Agreement, the Parent