Company: WBI
Filing Date: 2025-09-15
Form Type: S-1/A
Source: 0001193125-25-202719
Chunk: 486

Company: WaterBridge Infrastructure LLC
Filing Date: 2025-09-15
Form: S-1/A
Chunk 486
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 2023:

|                                             |     |   |   2024 |   |     |   |   2023 |   |
|:--------------------------------------------|:----|:--|-------:|:--|:----|:--|-------:|:--|
| Waste facilities & related equipment        |     | $ | 34,286 |   |     | $ |  5,024 |   |
| Machinery & equipment                       |     |   |  1,056 |   |     |   |    970 |   |
| Other                                       |     |   |  1,840 |   |     |   |    732 |   |
| Construction in progress                    |     |   |    207 |   |     |   | 24,193 |   |
|                                             |     |   | 37,389 |   |     |   | 30,919 |   |
| Less accumulated depreciation and depletion |     |   | (4,570 | ) |     |   |   (514 | ) |
| Total property, plant and equipment, net    |     | $ | 32,819 |   |     | $ | 30,405 |   |

Depreciation expense for the years ended December 31, 2024 and 2023 was $1.8 million and $470 thousand, respectively. Depletion expense for the years ended December 31, 2024 and 2023 was $2.3 million and $0. Note 4. Asset Retirement Obligation The following table summarizes the Company’s ARO activity for the year ended December 31, 2024:

|                   |     |   | December 31, 2024 |
|:------------------|:----|:--|------------------:|
| Beginning balance |     | $ |                 - |
| Additions         |     |   |             1,649 |
| Accretion expense |     |   |               170 |
| Ending balance    |     | $ |             1,819 |

Accretion expense incurred during 2024 is included in depreciation, depletion and accretion expense within the consolidated statements of operations. For the year ended December 31, 2023, the landfills were not yet operational, as such, no asset retirement obligation was recorded as of December 31, 2023.

<div align='center'>F-118

Desert Environmental LLC and Sub