Pure Cycle Corporation Quarterly report [Sections 13 or 15(d)]

Quarterly report [Sections 13 or 15(d)]

Cover
- Document and Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- PRESENTATION OF INTERIM INFORMATION (Policies)
Notes Tables
Notes Details

ACCRUED LIABILITIES (Tables)

ACCRUED LIABILITIES (Tables)

9 Months Ended

May 31, 2025


(In thousands)	May 31, 2025			August 31, 2024
Accrued compensation	$	999		$	1,045
Other operating payables		409			147
Property taxes		346			206
Operating lease obligation, current		11			73
Professional fees		500	(a)		5
Rental deposits		38			38
Total accrued liabilities	$	2,303		$	1,514

Land development costs due to the Sky Ranch CAB	$	621		$	1,556
Due to Rangeview Metropolitan District		290			652
Total accrued liabilities - related parties	$	911		$	2,208

(a)

As of May 31, 2025, the Company has accrued an estimated $0.5 million in legal expenses associated with expenses relating to the water court’s ruling in February 2025 and potential settlement negotiations regarding its remaining three claims.