LandBridge Co LLC
For the period ended Sep 30, 2024. Filed Nov 7, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 7, 2024
LB$66.24+1.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 1. Financial Statements (unaudited)
| September 30, | December 31, | |
|---|---|---|
| 2024 | 2023 | |
| Current assets: | ||
| Cash and cash equivalents | $14,417 | $37,823 |
| Accounts receivable, net | 12,757 | 12,383 |
| Related party receivable (Note 10) | 2,161 | 1,037 |
| Prepaid expenses and other current assets | 2,271 | 1,035 |
| Total current assets | 31,606 | 52,278 |
| Non-current assets: | ||
| Property, plant and equipment, net | 628,087 | 203,018 |
| Intangible assets, net | 27,484 | 28,642 |
| Other assets | 2,711 | 5,011 |
| Total non-current assets | 658,282 | 236,671 |
| Total assets | $689,888 | $288,949 |
| Liabilities and equity | ||
| Current liabilities: | ||
| Accounts payable | $182 | $200 |
| Related party payable (Note 10) | 504 | 453 |
| Accrued liabilities | 6,199 | 4,945 |
| Current portion of long-term debt | 35,547 | 20,339 |
| Other current liabilities | 826 | 1,163 |
| Total current liabilities | 43,258 | 27,100 |
| Non-current liabilities: | ||
| Long-term debt | 242,430 | 108,343 |
| Other long-term liabilities | 183 | 2,759 |
| Total non-current liabilities | 242,613 | 111,102 |
| Total liabilities | 285,871 | 138,202 |
| Commitments and contingencies (Note 11) | ||
| Member's equity | - | 150,747 |
| Class A shares, unlimited shares authorized and 17,425,000 shares issued and outstanding as of September 30, 2024. None authorized, issued or outstanding as of December 31, 2023. | 94,553 | - |
| Class B shares, unlimited shares authorized and 55,726,603 shares issued and outstanding as of September 30, 2024. None authorized, issued or outstanding as of December 31, 2023. | - | - |
| Retained earnings | 2,656 | - |
| Total shareholders' equity attributable to LandBridge Company LLC | 97,209 | - |
| Noncontrolling interest | 306,808 | - |
| Total shareholders' and member's equity | 404,017 | 150,747 |
| Total liabilities and equity | $689,888 | $288,949 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.