Company: SDSYA
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001163609-25-000032
Chunk: 6

Company: SOUTH DAKOTA SOYBEAN PROCESSORS LLC
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 8
Chunk 6
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,412 102,526,770 Long-term liabilitiesLong-term debt, net216,268,394 57,673,180 Long-term operating lease liabilities29,002,923 29,881,151 Other long-term liabilities 37,393,800 15,855,793 Total long-term liabilities282,665,117 103,410,124 Commitments and contingencies (Notes 4, 5, 6, and 10)Members' equity (30,411,500 units issued and outstanding)184,760,783 178,279,321 Non-controlling interests in consolidated entities156,128,053 157,677,403 Total members' equity340,888,836 335,956,724 Total liabilities and members' equity$727,120,365 $541,893,618 

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

5

South Dakota Soybean Processors, LLC

Condensed Consolidated Statements of Operations (Unaudited)

For the Three and Nine-Month Periods Ended September 30, 2025 and 2024 

 Three Months Ended September 30,Nine Months Ended September 30, 2025202420252024 Revenues$129,821,885 $130,645,696 $358,375,928 $428,623,435 Cost of revenues:  Cost of product sold89,124,914 105,914,197 266,959,826 345,527,275 Production14,026,926 10,876,067 36,274,812 29,694,080 Freight and rail12,884,194 11,577,957 35,175,760 35,227,212 Total cost of revenues116,036,034 128,368,221 338,410,398 410,448,567 Gross profit13,785,851 2,277,475 19,965,530 18,174,868 Operating expenses:  Administration1,873,597 1,253,587 5,280,347 4,391,015 Operating income11,912,254 1,023,888 14,685,183 13,783,853 Other income (expense):  Interest expense(1,214,645)(1,619,282