Global Water Resources, Inc.
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
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6. Utility Plant
- Utility Plant
Utility plant as of September 30, 2025 and December 31, 2024 consist of the following (in thousands):
| September 30, 2025 | December 31, 2024 | |
|---|---|---|
| Transmission and distribution plant | $356,546 | $321,075 |
| Equipment | 78,764 | 67,917 |
| Office buildings and other structures | 72,564 | 67,313 |
| Construction work-in-progress | 81,116 | 54,388 |
| Land | 2,897 | 2,300 |
| Total utility plant | $591,887 | $512,993 |
Depreciation expense related to depreciable property was $3.5 million and $2.9 million for the three months ended September 30, 2025 and 2024, respectively. Depreciation expense related to depreciable property was $10.0 million and $8.6 million for the nine months ended September 30, 2025 and 2024, respectively.
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