WaterBridge Infrastructure LLC
For the period ended Sep 30, 2025. Filed Nov 12, 2025.
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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, 2025 · Filed Nov 12, 2025
WBI$25.91+4.4%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets
| September 30,2025 | December 31,2024 | |
|---|---|---|
| Current assets: | ||
| Cash and cash equivalents | $346,649 | $13,284 |
| Accounts receivable, net | 153,222 | 49,472 |
| Other receivables | 1,985 | 1,549 |
| Related party accounts receivable | 35,884 | 50,025 |
| Prepaid expenses and other current assets | 17,350 | 6,008 |
| Total current assets | 555,090 | 120,338 |
| Non-current assets: | ||
| Property, plant and equipment, net | 2,201,224 | 1,101,041 |
| Goodwill | 52,119 | 9,091 |
| Intangible assets, net | 967,724 | 98,589 |
| Deferred tax assets | 133,630 | - |
| Other assets | 29,420 | 21,528 |
| Total non-current assets | 3,384,117 | 1,230,249 |
| Total assets | $3,939,207 | $1,350,587 |
| Liabilities and equity | ||
| Current liabilities: | ||
| Accounts payable | $43,146 | $16,899 |
| Related party accounts payable | 5,018 | 13,721 |
| Accrued liabilities | 81,720 | 44,553 |
| Current portion of long-term debt | 33,336 | 6,536 |
| Other current liabilities | 1,783 | 1,759 |
| Total current liabilities | 165,003 | 83,468 |
| Non-current liabilities: | ||
| Long-term debt, net of debt issuance costs | 1,682,211 | 586,417 |
| Tax receivable agreement liability | 201,613 | - |
| Other long-term liabilities | 30,316 | 17,653 |
| Total non-current liabilities | 1,914,140 | 604,070 |
| Total liabilities | 2,079,143 | 687,538 |
| Commitments and contingencies (Note 12) | ||
| Member’s equity | - | 663,049 |
| Class A shares, unlimited shares authorized and 43,264,850 shares issued and outstanding as of September 30, 2025. None authorized, issued or outstanding as of December 31, 2024. | 608,288 | - |
| Class B shares, unlimited shares authorized and 80,190,150 shares issued and outstanding as of September 30, 2025. None authorized, issued or outstanding as of December 31, 2024. | 80 | - |
| Retained earnings | (667) | - |
| Total shareholders’ equity attributable to WaterBridge Infrastructure LLC | 607,701 | - |
| Noncontrolling interest | 1,252,363 | - |
| Total shareholders’ equity and member’s equity | 1,860,064 | 663,049 |
| Total liabilities and equity | $3,939,207 | $1,350,587 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.