Company: SDSYA
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001163609-25-000023
Chunk: 9

Company: SOUTH DAKOTA SOYBEAN PROCESSORS LLC
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 8
Chunk 9
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 members(7,672,273)(39,534,950)Payments for debt issue costs(16,945)— Proceeds from long-term debt140,159,507 56,400,000 Principal payments on long-term debt(3,250,000)(600,000)Net cash provided by financing activities128,886,639 99,227,129 Net change in cash and cash equivalents(32,415,407)25,813,332 Cash and cash equivalents, beginning of period39,594,084 72,910,336 Cash and cash equivalents, end of period$7,178,677 $98,723,668 Supplemental disclosures of cash flow information  Cash paid during the period for:  Interest$2,378,004 $2,849,141 Noncash investing and financing activities:Soybean meal contributed as investment $366,112 $1,436,420 Property and equipment included in accounts payable and other long-term liabilities$14,291,957 $— 

The accompanying notes are an integral part of these condensed consolidated financial statements. 

8

South Dakota Soybean Processors, LLCNotes to Condensed Consolidated Financial Statements

Note 1 -         Principal Activity and Significant Accounting Policies

The unaudited condensed consolidated financial statements contained herein have been prepared pursuant to the rules and regulations of the Securities Exchange Commission. Certain information and note disclosures normally included in annual financial statements prepared in accordance with generally accepted accounting principles have been condensed or omitted pursuant to those rules and regulations, although South Dakota Soybean Processors, LLC (the “Company”, “LLC”, “we”, “our”, or “us”) believes that the disclosures made are adequate to make the information not misleading.In the opinion of management, all normal recurring adjustments considered necessary for a fair presentation have been included in the accompanying condensed consolidated financial statements. The results of operations and cash flows for interim periods are not necessarily indicative of results for a full year due in part to the seasonal nature of some of the Company’s businesses. The balance sheet data as of December 31, 2024 has been derived from audited financial statements but does not include all disclosures required by accounting principles generally accepted in the United States of America.These statements should be read in conjunction with the financial statements and notes thereto for the year ended December 31, 2024, included in the Company’s annual report on Form 10-K filed with