$DMLP
DORCHESTER MINERALS, L.P.

2022 Q1 Form 10-Q Financial Statement

#000143774922011071 Filed on May 05, 2022

View on sec.gov

Income Statement

Concept 2022 Q1 2021 Q1
Revenue $40.40M $17.79M
YoY Change 127.11% 14.95%
Cost Of Revenue $3.268M $1.521M
YoY Change 114.86% 5.63%
Gross Profit $37.13M $16.27M
YoY Change 128.26% 15.9%
Gross Profit Margin 91.91% 91.45%
Selling, General & Admin $2.043M $2.169M
YoY Change -5.81% 13.09%
% of Gross Profit 5.5% 13.33%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $4.466M $2.298M
YoY Change 94.34% -31.55%
% of Gross Profit 12.03% 14.13%
Operating Expenses $6.509M $4.467M
YoY Change 45.71% -15.32%
Operating Profit $30.62M $11.80M
YoY Change 159.5% 34.7%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $30.62M $11.80M
YoY Change 159.5% 34.7%
Income Tax
% Of Pretax Income
Net Earnings $30.62M $11.80M
YoY Change 159.5% 34.7%
Net Earnings / Revenue 75.8% 66.34%
Basic Earnings Per Share $0.80 $0.33
Diluted Earnings Per Share $827.9K $340.3K
COMMON SHARES
Basic Shares Outstanding 36.99M 34.68M
Diluted Shares Outstanding

Balance Sheet

Concept 2022 Q1 2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $32.97M $13.32M
YoY Change 147.48% -34.13%
Cash & Equivalents $32.97M $13.32M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $20.23M $7.183M
Other Receivables $5.406M $3.065M
Total Short-Term Assets $58.60M $23.57M
YoY Change 148.63% -16.36%
LONG-TERM ASSETS
Property, Plant & Equipment $109.4M $67.71M
YoY Change 61.58% -20.51%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $109.4M $67.71M
YoY Change 61.58% -20.51%
TOTAL ASSETS
Total Short-Term Assets $58.60M $23.57M
Total Long-Term Assets $109.4M $67.71M
Total Assets $168.0M $91.28M
YoY Change 84.06% -19.48%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.867M $1.485M
YoY Change 93.06% -47.02%
Accrued Expenses $288.0K $298.0K
YoY Change -3.36% -3.25%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $3.155M $1.783M
YoY Change 76.95% -42.69%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $1.523M $1.811M
YoY Change -15.9% -14.13%
Total Long-Term Liabilities $1.523M $1.811M
YoY Change -15.9% -14.13%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.155M $1.783M
Total Long-Term Liabilities $1.523M $1.811M
Total Liabilities $4.678M $3.594M
YoY Change 30.16% -31.15%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $163.3M $87.68M
YoY Change
Total Liabilities & Shareholders Equity $168.0M $91.28M
YoY Change 84.06% -19.48%

Cashflow Statement

Concept 2022 Q1 2021 Q1
OPERATING ACTIVITIES
Net Income $30.62M $11.80M
YoY Change 159.5% 34.7%
Depreciation, Depletion And Amortization $4.466M $2.298M
YoY Change 94.34% -31.55%
Cash From Operating Activities $28.42M $10.51M
YoY Change 170.39% -41.09%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities $747.0K $262.0K
YoY Change 185.11%
Cash From Investing Activities $747.0K $262.0K
YoY Change 185.11%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -24.50M -8.681M
YoY Change 182.21% -32.98%
NET CHANGE
Cash From Operating Activities $28.42M $10.51M
Cash From Investing Activities $747.0K $262.0K
Cash From Financing Activities -24.50M -8.681M
Net Change In Cash $4.663M $2.090M
YoY Change 123.11% -57.23%
FREE CASH FLOW
Cash From Operating Activities $28.42M $10.51M
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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CY2022Q1 us-gaap Revenue From Contract With Customer Including Assessed Tax
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CY2022Q1 us-gaap General And Administrative Expense
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CY2021Q1 us-gaap General And Administrative Expense
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CY2022Q1 us-gaap Costs And Expenses
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CY2021Q1 us-gaap Net Income Loss
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CY2022Q1 us-gaap Net Income Loss Allocated To General Partners
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CY2021Q1 dmlp Asset Acquisition Consideration Transferred Royalty And Mineral Revenue Received
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CY2022Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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CY2022Q1 us-gaap Number Of States In Which Entity Operates
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