Pure Cycle Corporation Annual report pursuant to Section 13 and 15(d)

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Aug. 31, 2023


	Year Ended August 31, 2023
(In thousands)	Water and Wastewater Resource Development		Land Development		Total
Balance at August 31, 2022	$	570	$	4,275	$	4,845
Revenue recognized		(576)		(7,041)		(7,617)
Revenue deferred		75		4,427		4,502
Balance at August 31, 2023	$	69	$	1,661	$	1,730


	Year Ended August 31, 2022
(In thousands)	Water and Wastewater Resource Development		Land Development		Total
Balance at August 31, 2021	$	410	$	1,995	$	2,405
Revenue recognized		(791)		(11,434)		(12,225)
Revenue deferred		951		13,714		14,665
Balance at August 31, 2022	$	570	$	4,275	$	4,845