$GGROU
Golden Growers Cooperative
CIK:0001489874|SEC Filings
CONDENSED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($) $ in Thousands |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2026 |
Jun. 30, 2025 |
Jun. 30, 2026 |
Jun. 30, 2025 |
|
| OPERATIONS | ||||
| Corn revenue | $ 14,863 | $ 16,222 | $ 32,765 | $ 36,310 |
| Corn expense | (14,879) | (16,239) | (32,797) | (36,344) |
| Net income from Pro Gold LLC | 1,601 | 1,562 | 3,231 | 3,350 |
| General & administrative expenses | (144) | (138) | (376) | (396) |
| Net income from operations | 1,441 | 1,407 | 2,823 | 2,920 |
| Other income | 35 | 84 | 75 | 166 |
| Net income | $ 1,476 | $ 1,491 | $ 2,898 | $ 3,086 |
| Weighted average shares/units outstanding | 15,490,480 | 15,490,480 | 15,490,480 | 15,490,480 |
| Earnings per share/membership unit | ||||
| Basic and fully diluted | $ 0.10 | $ 0.10 | $ 0.19 | $ 0.20 |
CONDENSED BALANCE SHEETS - USD ($) $ in Thousands |
Jun. 30, 2026 |
Dec. 31, 2025 |
|---|---|---|
| Current assets: | ||
| Cash and cash equivalents | $ 95 | $ 1,197 |
| Short-term investments | 2,299 | 4,638 |
| Other current assets | 48 | 277 |
| Total current assets | 2,442 | 6,112 |
| Long-term investments | 46 | 47 |
| Investment in ProGold LLC | 13,389 | 14,124 |
| Total assets | 15,877 | 20,283 |
| Current Liabilities | ||
| Accrued liabilities | 12 | 188 |
| Total current liabilities | 12 | 188 |
| Members' equity: | ||
| Members’ equity | 15,875 | 20,103 |
| Accumulated other comprehensive loss | (10) | (8) |
| Total members’ equity | 15,865 | 20,095 |
| Total liabilities and members’ equity | $ 15,877 | $ 20,283 |