For the quarter ending 2026-03-31, WBI had -$875K decrease in cash & cash equivalents over the period. -$15,837K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 |
|---|---|---|---|
| Net income (loss) | 9,521 | -13,583 | 13,592 |
| Depreciation, depletion, amortization and accretion | 68,947 | - | - |
| Amortization of debt issuance costs | 1,025 | - | - |
| Depreciation, amortization, and accretion | - | 68,687 | 72,212 |
| Amortization and write off of debt issuance costs | - | 980 | 3,379 |
| Share-based compensation | 2,584 | 2,745 | 2,593 |
| Contractual customer relationships amortization | 458 | 458 | 1,374 |
| (gain) loss on disposal of assets, net | 74 | -148 | -11,832 |
| Loss on extinguishment of debt, net | - | -11,411 | - |
| Deferred income tax expense | 892 | -826 | -420 |
| Other | -343 | -345 | -160 |
| Accounts receivable | -5,005 | 10,259 | 26,792 |
| Related party accounts receivable | 7,602 | -5,378 | -9,077 |
| Prepaid expenses and other assets | -2,422 | -2,114 | 3,116 |
| Accounts payable | 2,409 | -4,733 | 9,822 |
| Taxes payable | 163 | - | - |
| Related party accounts payable | -46 | 255 | 3,466 |
| Contract liabilities | -148 | -120 | 0 |
| Accrued and other liabilities | 9,204 | 25,180 | -25,664 |
| Consideration paid to customer | - | 0 | - |
| Net cash provided by operating activities | 95,103 | 88,180 | 71,515 |
| Acquisitions, net of cash acquired | 0 | 0 | -39,901 |
| Capital expenditures | 110,940 | 89,209 | 189,360 |
| Proceeds from disposal of assets | 1,243 | 115 | 19,930 |
| Net cash used in investing activities | -109,697 | -89,094 | -129,529 |
| Proceeds from debt | 25,000 | 1,505,000 | - |
| Proceeds from issuance of class a shares, net of underwriting discounts and commissions | - | 0 | 685,354 |
| Purchase of opco equity interests from elda river | - | 1 | 228,161 |
| Contributions from member | - | 0 | 20,080 |
| Dividends, dividend equivalents and distributions paid | 6,217 | - | - |
| Proceeds from term loans | - | - | 0 |
| Repayments of debt | 4,230 | 1,849,222 | - |
| Repayments on term loans | - | - | 21,188 |
| Offering costs | 540 | 5,935 | 2,326 |
| Proceeds from revolvers | - | - | 55,000 |
| Repayments of finance leases | 283 | - | - |
| Repayments on revolvers | - | - | 115,000 |
| Taxes paid related to net share settlement of rsus | 11 | - | - |
| Other financing payments | - | - | -1,837 |
| Repayments of finance leases | - | 1,142 | - |
| Debt issuance costs | 0 | 25,917 | 543 |
| Net cash provided by (used in) financing activities | 13,719 | -294,192 | 391,379 |
| Net (decrease) increase in cash and cash equivalents | -875 | -295,106 | 333,365 |
| Cash and cash equivalents - beginning of period | 51,543 | 346,649 | 13,284 |
| Cash and cash equivalents - end of period | 50,668 | 51,543 | 346,649 |
WaterBridge Infrastructure LLC (WBI)
WaterBridge Infrastructure LLC (WBI)