Company: SDSYA
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001163609-25-000023
Chunk: 6

Company: SOUTH DAKOTA SOYBEAN PROCESSORS LLC
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 8
Chunk 6
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Total current liabilities75,276,246 102,526,770 Long-term liabilitiesLong-term debt, net197,321,022 57,673,180 Long-term operating lease liabilities28,107,783 29,881,151 Other long-term liabilities 14,489,469 15,855,793 Total long-term liabilities239,918,274 103,410,124 Commitments and contingencies (Notes 4, 5, 6, and 10)Members' equity (30,411,500 units issued and outstanding)174,006,974 178,279,321 Non-controlling interests in consolidated entities155,916,979 157,677,403 Total members' equity329,923,953 335,956,724 Total liabilities and members' equity$645,118,473 $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 Six-Month Periods Ended June 30, 2025 and 2024 

 Three Months Ended June 30,Six Months Ended June 30, 2025202420252024 Revenues$110,640,734 $149,716,835 $228,554,043 $297,977,739 Cost of revenues:  Cost of product sold87,741,582 119,307,473 177,834,912 239,613,078 Production11,604,135 9,430,701 22,247,886 18,818,013 Freight and rail11,021,642 12,417,317 22,291,566 23,649,255 Total cost of revenues110,367,359 141,155,491 222,374,364 282,080,346 Gross profit273,375 8,561,344 6,179,679 15,897,393 Operating expenses:  Administration1,681,784 1,503,055 3,406,750 3,137,428 Operating income (loss)(1,408,409)7,058,289 2,772,929 12,759,965 Other income (expense):  Interest expense(1,227,