7Baggers
Quarterly
Annual
    Unit: USD2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 2017-12-31 2011-03-31 2010-12-31 2010-09-30 2010-06-30 2009-12-31 2009-09-30 2009-06-30 2008-12-31 2008-06-30 2008-03-31 2007-12-31 2006-12-31 2005-12-31 2004-12-31 2003-12-31 
      
    		                                               
      assets
    		                                               
      current assets:
    		                                               
      cash and cash equivalents
    		41,606,000 36,514,000 41,545,000 42,508,000 56,468,000 35,161,000 37,737,000 47,025,000 43,492,000 35,324,000 44,999,000 40,754,000 51,988,000 42,976,000 32,969,000 28,306,000 22,325,000 20,479,000 13,322,000 11,232,000 14,854,000 11,753,000 20,226,000 15,339,000 21,916,000 20,824,000 19,905,000 18,285,000 15,703,000 19,608,000 15,392,000 13,827,000 13,930,000 11,253,000 16,354,000 14,110,000 10,124,000 10,012,000 9,217,000 16,211,000 23,175,000 17,158,000 15,001,000 13,927,000 23,389,000 12,365,000 10,881,000 
      trade and other receivables
    		16,262,000 16,995,000 21,358,000 19,780,000 21,823,000 16,325,000 13,840,000 14,407,000 14,224,000 10,758,000 12,562,000 14,543,000 17,635,000 20,341,000 20,226,000 11,533,000 10,145,000 8,017,000 7,183,000 5,075,000 4,496,000 3,141,000 3,914,000 7,061,000 6,323,000 7,408,000 7,105,000 6,635,000 5,554,000 7,301,000 6,642,000 6,198,000 6,190,000 5,548,000 5,779,000 5,874,000 5,419,000 4,674,000 4,573,000 5,053,000        
      net profits interest receivable - related party
    		4,618,000 6,208,000 5,558,000 5,544,000 7,659,000 5,911,000 7,025,000 8,275,000 5,394,000 5,305,000 4,611,000  5,955,000 9,331,000 5,406,000  4,081,000 3,847,000 3,065,000                             
      total current assets
    		62,486,000 59,717,000 68,461,000 67,832,000 85,950,000 57,397,000 58,602,000 69,707,000 63,110,000 51,387,000 62,172,000 62,467,000 75,578,000 72,648,000 58,601,000 46,661,000 36,551,000 32,343,000 23,570,000 18,221,000 21,348,000 15,211,000 28,181,000 28,282,000 31,903,000 32,535,000 31,986,000 30,118,000 25,584,000 31,197,000 26,255,000 25,355,000 21,647,000 20,452,000 23,840,000 21,913,000 19,246,000 15,951,000 14,998,000 25,692,000 40,382,000 30,064,000 25,630,000 24,191,000 38,072,000 22,684,000 18,813,000 
      oil and natural gas properties
    		744,934,000 725,932,000 725,844,000 727,446,000 727,863,000 519,010,000 518,875,000 507,057,000 507,119,000 473,013,000 473,012,000 472,974,000 473,086,000 453,799,000 453,830,000 440,052,000 410,827,000 411,185,000 399,282,000 399,324,000 399,989,000 405,670,000 405,670,000 405,670,000 405,641,000 405,730,000 406,085,000 363,205,000 363,205,000 363,211,000 363,211,000 363,186,000 344,194,000 344,194,000 344,190,000 344,190,000 327,069,000 327,063,000 327,063,000 291,818,000 291,818,000 291,868,000 291,830,000 291,875,000 291,875,000 291,855,000 268,189,000 
      accumulated full cost depletion
    		-477,823,000 -460,857,000 -446,171,000 -429,435,000 -411,497,000 -401,479,000 -393,836,000 -386,939,000 -379,252,000 -372,656,000 -367,342,000 -360,724,000 -355,150,000 -350,926,000 -346,176,000 -341,733,000 -338,976,000 -336,097,000 -333,636,000 -331,361,000 -328,933,000 -325,795,000 -322,878,000 -319,544,000 -316,131,000 -312,526,000 -308,619,000 -306,335,000 -304,275,000 -301,902,000 -299,626,000 -297,442,000 -215,991,000 -211,761,000 -207,628,000 -202,572,000 -193,822,000 -189,533,000 -185,021,000 -178,272,000        
      total
    		267,111,000 265,075,000 279,673,000 298,011,000 316,366,000 117,531,000 125,039,000 120,118,000 127,867,000 100,357,000 105,670,000 112,250,000 117,936,000 102,873,000 107,654,000 98,319,000 71,851,000 75,088,000 65,646,000 67,963,000 71,056,000 79,875,000 82,792,000 86,126,000 89,510,000 93,204,000 97,466,000 56,870,000 58,930,000 61,309,000 63,585,000 65,744,000 19,000 132,433,000 19,000 19,000 133,247,000 19,000 19,000 113,546,000 19,000 19,000 19,000 24,000 74,000 183,021,000 268,189,000 
      leasehold improvements
    		989,000 989,000 989,000 989,000 989,000 989,000 989,000 989,000 989,000 989,000 989,000 989,000 989,000 989,000 989,000 989,000 989,000 989,000 989,000 989,000 989,000 989,000 989,000 989,000 989,000 989,000 989,000 1,614,000 1,614,000 1,614,000 1,614,000 1,573,000 512,000 512,000 512,000 512,000 512,000 512,000 512,000 512,000 512,000 512,000 512,000 512,000 512,000 480,000  
      accumulated amortization
    		-675,000 -652,000 -629,000 -606,000 -583,000 -560,000 -537,000 -514,000 -491,000 -468,000 -445,000 -422,000 -399,000 -376,000 -353,000 -330,000 -307,000 -284,000 -261,000 -238,000 -215,000 -192,000 -169,000 -146,000 -123,000 -100,000 -77,000 -679,000 -656,000 -633,000 -625,000 -625,000 -317,000 -305,000 -292,000 -280,000 -256,000 -243,000 -231,000 -207,000        
      operating lease right-of-use asset
    		462,000 503,000 544,000 586,000 630,000 674,000 719,000 765,000 812,000 860,000 909,000 959,000 1,009,000 1,061,000 1,114,000 1,168,000 1,222,000 1,278,000 1,334,000 1,392,000 1,451,000 1,510,000 1,571,000 1,632,000 1,695,000 1,759,000 1,823,000                     
      total assets
    		330,373,000 325,632,000 349,038,000 366,812,000 403,352,000 176,031,000 184,812,000 191,065,000 192,287,000 153,125,000 169,295,000 176,243,000 195,113,000 177,195,000 168,005,000 146,807,000 110,306,000 109,414,000 91,278,000 88,327,000 94,629,000 97,393,000 113,364,000 116,883,000 123,974,000 128,387,000 132,187,000 87,923,000 85,472,000 93,487,000 90,829,000 92,047,000 150,064,000 153,111,000 160,641,000 163,782,000 152,768,000 153,769,000 157,340,000 139,562,000 161,553,000 154,933,000 154,251,000 168,429,000 200,830,000 206,173,000 198,951,000 
      liabilities and partnership capital
    		                                               
      current liabilities:
    		                                               
      accounts payable and other current liabilities
    		5,962,000 4,886,000 4,929,000 3,984,000 5,782,000 4,310,000 4,214,000 4,195,000 7,466,000 6,341,000 3,234,000 3,131,000 5,220,000 4,084,000 2,867,000 2,512,000 2,419,000 1,869,000 1,485,000 1,578,000 2,509,000 2,764,000 2,803,000 2,052,000 3,461,000 2,214,000 2,257,000 421,000 2,074,000 1,580,000 1,356,000 599,000 1,014,000 542,000 1,579,000 1,158,000 529,000 1,420,000 1,010,000 733,000 926,000 796,000 517,000 303,000 580,000 669,000 512,000 
      operating lease liability
    		257,000 259,000 261,000 263,000 265,000 268,000 270,000 272,000 275,000 277,000 279,000 281,000 284,000 286,000 288,000 291,000 293,000 295,000 298,000 300,000 303,000 305,000 308,000 310,000 309,000 305,000 301,000                     
      total current liabilities
    		6,219,000 5,145,000 5,190,000 4,247,000 6,047,000 4,578,000 4,484,000 4,467,000 7,741,000 6,618,000 3,513,000 3,412,000 5,504,000 4,370,000 3,155,000 2,803,000 2,712,000 2,164,000 1,783,000 1,878,000 2,812,000 3,069,000 3,111,000 2,362,000 3,770,000 2,519,000 2,558,000 486,000 2,139,000 1,645,000 1,410,000 637,000 1,053,000 581,000 1,618,000 1,197,000 568,000 1,459,000 1,049,000 772,000 965,000 835,000 556,000 342,000 619,000 669,000 512,000 
      total liabilities
    		6,804,000 5,793,000 5,903,000 5,024,000 6,889,000 5,485,000 5,459,000 5,508,000 8,849,000 7,793,000 4,757,000 4,725,000 6,885,000 5,822,000 4,678,000 4,397,000 4,378,000 3,902,000 3,594,000 3,763,000 4,770,000 5,102,000 5,220,000 4,547,000 6,031,000 4,858,000 4,975,000 1,276,000 2,863,000 2,304,000 2,058,000 1,301,000 1,172,000 710,000 1,757,000 1,346,000 737,000 1,637,000 1,237,000 980,000 1,192,000 1,072,000 804,000 629,000 945,000 1,035,000  
      commitments and contingencies
    		                                               
      partnership capital:
    		                                               
      general partner
    		-4,216,000 -3,497,000 -2,656,000 -1,997,000 -766,000 -1,065,000 -799,000 113,000 38,000 -60,000 319,000 676,000 1,428,000 1,497,000 1,209,000 982,000 860,000 831,000 654,000 536,000 619,000 629,000 1,041,000 1,228,000 1,482,000 1,611,000 1,709,000 1,826,000 1,690,000 1,839,000 1,708,000 1,782,000 4,550,000 4,669,000 4,931,000 5,039,000 5,240,000 5,285,000 5,422,000 5,971,000 6,575,000 6,417,000 6,417,000 6,797,000 7,663,000 7,807,000 8,246,000 
      unitholders
    		327,785,000 323,336,000 345,791,000 363,785,000 397,229,000 171,611,000 180,152,000 185,444,000 183,400,000 145,392,000 164,219,000 170,842,000 186,800,000 169,876,000 162,118,000 141,428,000 105,068,000 104,681,000 87,030,000 84,028,000 89,240,000 91,662,000 107,103,000 111,108,000 116,461,000 121,918,000 125,503,000 84,821,000 80,919,000 89,344,000 87,063,000 88,964,000 144,342,000 147,732,000 153,953,000 157,397,000 146,791,000 146,847,000 150,681,000 132,611,000 153,786,000 147,444,000 147,030,000 161,003,000 192,222,000 197,331,000 190,193,000 
      total partnership capital
    		323,569,000 319,839,000 343,135,000 361,788,000 396,463,000 170,546,000 179,353,000 185,557,000 183,438,000 145,332,000 164,538,000 171,518,000 188,228,000 171,373,000 163,327,000 142,410,000 105,928,000 105,512,000 87,684,000 84,564,000 89,859,000 92,291,000 108,144,000 112,336,000 117,943,000 123,529,000 127,212,000 86,647,000 82,609,000 91,183,000 88,771,000 90,746,000 148,892,000 152,401,000 158,884,000 162,436,000 152,031,000 152,132,000 156,103,000 138,582,000 160,361,000 153,861,000 153,447,000 167,800,000 199,885,000 205,138,000 198,439,000 
      total liabilities and partnership capital
    		330,373,000 325,632,000 349,038,000 366,812,000 403,352,000 176,031,000 184,812,000 191,065,000 192,287,000 153,125,000 169,295,000 176,243,000 195,113,000 177,195,000 168,005,000 146,807,000 110,306,000 109,414,000 91,278,000 88,327,000 94,629,000 97,393,000 113,364,000 116,883,000 123,974,000 128,387,000 132,187,000 87,923,000 85,472,000 93,487,000 90,829,000 92,047,000 150,064,000 153,111,000 160,641,000 163,782,000 152,768,000 153,769,000 157,340,000 139,562,000 161,553,000 154,933,000 154,251,000 168,429,000 200,830,000 206,173,000 198,951,000 
      current assets
    		                                               
      current liabilities
    		                                               
      partnership capital
    		                                               
      net profits interest receivable—related party
    		           7,170,000    6,822,000                                
      property and leasehold improvements - at cost:
    		                                               
      net profits interests receivable—related party
    		                   1,914,000    5,882,000    5,198,000    5,330,000  3,651,000   3,703,000   4,428,000   3,576,000 4,126,000    
      net profits interests receivable - related party
    		                    1,998,000 317,000 4,041,000  3,664,000 4,303,000 4,976,000  4,327,000 4,288,000 4,221,000  1,490,000  1,695,000 1,904,000  1,245,000 1,183,000  6,116,000 4,531,000      
      operating revenues:
    		                                               
      royalties
    		                      9,950,000 58,759,000 14,075,000 15,975,000 14,579,000 54,898,000 12,889,000 13,941,000 13,246,000 46,125,000 12,128,000 45,095,000 11,631,000 10,704,000 33,412,000 8,450,000 8,006,000 61,973,000 18,604,000 14,771,000 44,398,000 45,171,000 46,285,000 30,770,000 25,250,000 
      net profits interests
    		                      5,168,000 15,753,000 2,259,000 3,885,000 4,379,000 7,447,000 430,000 2,996,000 2,563,000 8,014,000 2,079,000 12,046,000 2,358,000 2,486,000 9,449,000 1,668,000 1,593,000 27,441,000 10,204,000 6,365,000 20,347,000     
      lease bonus
    		                      263,000 3,756,000 3,147,000 419,000 3,000 9,298,000 306,000 4,125,000 38,000 2,399,000 77,000 3,819,000 2,417,000 1,028,000 688,000 531,000 80,000 441,000 140,000 117,000 575,000 7,418,000 1,680,000 1,610,000 293,000 
      other
    		                      95,000 531,000 88,000 321,000 70,000 1,635,000 313,000 61,000 36,000 753,000 5,000 134,000 61,000 38,000 82,000 57,000 5,000 70,000 40,000 19,000 45,000 40,000    
      total operating revenues
    		                      15,476,000 78,799,000   19,031,000 73,278,000   15,883,000 57,291,000 14,289,000 61,094,000 16,467,000 14,256,000 43,631,000 10,706,000 9,684,000 89,925,000 28,988,000 21,272,000 65,365,000 74,927,000 79,765,000 56,767,000  
      costs and expenses:
    		                                               
      operating, including production taxes
    		                      1,440,000  1,380,000 1,789,000 1,612,000  1,396,000 1,316,000 1,256,000  1,151,000  1,100,000 937,000  1,017,000 844,000  1,345,000 1,191,000      
      depreciation, depletion and amortization
    		                      3,357,000 13,301,000 3,628,000 3,930,000 2,307,000 8,947,000 2,396,000 2,284,000 2,184,000 9,302,000  17,988,000   15,599,000   14,739,000   15,567,000 18,470,000 20,858,000 20,795,000 23,639,000 
      general and administrative expenses
    		                      1,918,000 6,086,000 1,694,000 1,285,000 1,133,000 4,913,000 867,000 1,159,000 1,480,000 4,930,000 1,156,000 4,128,000 782,000 854,000 3,715,000 771,000 817,000 3,965,000 860,000 1,011,000 3,591,000 3,058,000 2,354,000 2,580,000 2,401,000 
      total costs and expenses
    		                      6,715,000 26,034,000 6,702,000 7,004,000 5,052,000 19,371,000 4,659,000 4,759,000 4,920,000 18,867,000 6,549,000 26,287,000 6,950,000 6,330,000 22,676,000 6,312,000 5,134,000 23,476,000 5,853,000 5,992,000 23,025,000 25,586,000 27,345,000 26,931,000 76,359,000 
      net income
    		                      8,761,000 52,765,000 12,867,000 13,596,000 13,979,000 53,907,000 9,279,000 16,364,000 10,963,000 38,424,000                
      allocation of net income:
    		                                               
      net income per common unit
    		                      250 1,500 350 380 420 1,610 270 490 330 1,180                
      weighted-average basic and diluted common units outstanding
    		                      34,680,000 34,126,000 34,680,000 34,680,000  32,280,000 32,280,000 32,280,000  31,488,000                
      deferred rent incentive
    		                                             366,000  
      costs and expenses
    		                                               
      production taxes
    		                       3,043,000    2,749,000    2,175,000  1,729,000   1,202,000   2,792,000   2,093,000 2,238,000 2,347,000 1,317,000 1,211,000 
      operating expenses
    		                       3,604,000    2,762,000    2,460,000  2,442,000   2,160,000   1,980,000   1,774,000 1,820,000 1,261,000 1,206,000 1,113,000 
      net operating revenues:
    		                                               
      total net operating revenues
    		                        19,569,000 20,600,000   13,938,000 21,123,000                 49,224,000 
      weighted-average basis and diluted common units outstanding
    		                          32,360,000    32,280,000                 
      property and leasehold improvements—at cost:
    		                                               
      current portion of deferred rent incentive
    		                           65,000 65,000 65,000 54,000 38,000 39,000 39,000 39,000 39,000 39,000 39,000 39,000 39,000 39,000 39,000 39,000 39,000 39,000   
      deferred rent incentive less current portion
    		                           790,000 724,000 659,000 648,000 664,000 119,000 129,000 139,000 149,000 169,000 178,000 188,000 208,000 227,000 237,000 248,000 287,000 326,000   
      prepaid expenses
    		                                37,000  12,000 25,000  20,000 25,000  25,000 37,000   22,000 25,000  
      other non-current assets
    		                                19,000 19,000 19,000 19,000 19,000 19,000 19,000 19,000 19,000 19,000 19,000 19,000 19,000   
      net property and leasehold improvements
    		                                128,398,000 132,640,000 136,782,000 141,850,000 133,503,000 137,799,000 142,323,000 113,851,000 121,152,000 124,850,000 128,602,000 144,214,000 162,684,000   
      dorchester minerals, l.p.
    		                                               
      condensed consolidated statements of operations
    		                                               
      depletion and amortization
    		                                4,242,000  5,068,000 4,539,000  4,524,000 3,473,000  3,648,000 3,790,000      
      operating income
    		                                7,740,000 34,807,000 9,517,000 7,926,000 20,955,000 4,394,000 4,550,000 66,449,000 23,135,000 15,280,000 42,340,000 49,341,000 52,420,000 29,836,000 -27,135,000 
      other income
    		                                 76,000 19,000 6,000 726,000 21,000 170,000 334,000 31,000 130,000 708,000 869,000 -8,000 131,000 183,000 
      net earnings
    		                                7,740,000 34,883,000 9,536,000 7,932,000 21,681,000 4,415,000 4,720,000 66,783,000 23,166,000 15,410,000 43,048,000 50,210,000 52,775,000 30,076,000 -26,827,000 
      allocation of net earnings:
    		                                               
      net earnings per common unit
    		                                240 1,110 300 250 720 140 160 2,300 800 530 1,480 1,720 1,820 1,070 -1,020 
      weighted-average common units outstanding
    		                                30,675,000 30,469,000 30,675,000 30,675,000 29,044,000 29,840,000 28,258,000 28,240,000 28,240,000 28,240,000 28,240,000 28,240,000 28,240,000 27,343,000 25,682,000 
      trade receivables
    		                                        11,066,000 8,338,000 7,053,000 6,088,000 7,615,000 5,389,000 7,658,000 
      less accumulated full cost depletion
    		                                        170,996,000 167,360,000 163,582,000 148,064,000 129,643,000   
      less accumulated amortization
    		                                        182,000 170,000 158,000 109,000 60,000   
      current portion of note receivable—related party
    		                                           50,000    
      note receivable—related party less current portion
    		                                           5,000 55,000   
      net profits interest
    		                                           22,298,000 31,800,000 24,387,000 21,268,000 
      net profits interests receivable-related party
    		                                            6,996,000 4,750,000  
      current portion of note receivable-related party
    		                                            50,000   
      natural gas sales
    		                                              2,401,000 
      impairment of full cost properties
    		                                              43,804,000 
      tax and regulatory expenses
    		                                            525,000 1,033,000 587,000 
      management fees
    		                                              524,000 
      combination costs and related expenses
    		                                              3,080,000 
      other income, net:
    		                                               
      investment income
    		                                            363,000 109,000 125,000 
      total other income
    		                                            355,000 240,000 308,000 
      note receivable-related party
    		                                             155,000 205,000 
      properties and leasehold improvements—at cost:
    		                                               
      less full cost depletion
    		                                             108,834,000  
      less amortization
    		                                             12,000  
      net properties and leasehold improvements
    		                                             183,489,000  
      interest expense
    		                                               
      statements of comprehensive income for the years ended december 31, 2004, 2003 and 2002
    		                                               
      unrealized loss on available for sale securities
    		                                               
      reclassification adjustment for gains included in net earnings
    		                                               
      comprehensive income
    		                                             30,076,000  
      prepaid expenses and other current assets
    		                                              69,000 
      property and equipment—at cost :
    		                                               
      less accumulated depreciation, depletion and amortization :
    		                                               
      full cost depletion
    		                                              88,051,000 
      net property and equipment
    		                                              180,138,000 
      production and property taxes payable or accrued
    		                                               
      royalties payable
    		                                               
      distributions payable to unitholders
    		                                               
      production payment
    		                                               
      other income:
    		                                               
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.