DORCHESTER MINERALS, L.P.

For the period ended Sep 30, 2025. Filed Nov 6, 2025.

About this filing

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 6, 2025

DMLP$27.51-0.1%Stored close · as of Nov 9, 2026

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Contents

CONDENSED CONSOLIDATED BALANCE SHEETS

	September 30,	December 31,
	2025	2024
ASSETS
Current assets:
Cash and cash equivalents	$41,606	$42,508
Trade and other receivables	16,262	19,780
Net profits interest receivable - related party	4,618	5,544
Total current assets	62,486	67,832
Oil and natural gas properties (full cost method)	744,934	727,446
Accumulated full cost depletion	(477,823)	(429,435)
Total	267,111	298,011
Leasehold improvements	989	989
Accumulated amortization	(675)	(606)
Total	314	383
Operating lease right-of-use asset	462	586
Total assets	$330,373	$366,812
LIABILITIES AND PARTNERSHIP CAPITAL
Current liabilities:
Accounts payable and other current liabilities	$5,962	$3,984
Operating lease liability	257	263
Total current liabilities	6,219	4,247
Operating lease liability	585	777
Total liabilities	6,804	5,024
Commitments and contingencies (Note 4)
Partnership capital:
General Partner	(4,216)	(1,997)
Unitholders (48,256 and 47,340 common units issued and outstanding as of September 30, 2025 and December 31, 2024, respectively)	327,785	363,785
Total partnership capital	323,569	361,788
Total liabilities and partnership capital	$330,373	$366,812

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