DORCHESTER MINERALS, L.P.

For the period ended Sep 30, 2026. Filed Nov 5, 2026.

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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, 2026 · Filed Nov 5, 2026

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,
	2026	2025
ASSETS
Current assets:
Cash and cash equivalents	$55,695	$41,937
Accounts receivable	19,411	13,968
Net profits interest receivable - related party	8,998	2,513
Prepaid expenses and other current assets	163	526
Total current assets	84,267	58,944
Oil and natural gas properties (full cost method)	761,205	745,539
Accumulated full cost depletion	(547,978)	(495,643)
Total	213,227	249,896
Leasehold improvements	989	989
Accumulated amortization	(767)	(698)
Total	222	291
Operating lease right-of-use asset	3,053	423
Total assets	$300,769	$309,554
LIABILITIES AND PARTNERSHIP CAPITAL
Current liabilities:
Accounts payable and other current liabilities	$7,602	$3,538
Operating lease liability	350	256
Total current liabilities	7,952	3,794
Operating lease liability	3,051	521
Total liabilities	11,003	4,315
Commitments and contingencies (Note 4)
Partnership capital:
General Partner	(6,076)	(4,825)
Unitholders (49,092 and 48,256 common units issued and outstanding as of September 30, 2026 and December 31, 2025, respectively)	295,842	310,064
Total partnership capital	289,766	305,239
Total liabilities and partnership capital	$300,769	$309,554

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