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Note 8 - Segment Reporting (ASC Topic 280) (Tables)

12 Months Ended

Dec. 31, 2024

Notes Tables

Schedule of Segment Reporting Information, by Segment [Table Text Block]

		Teucrium Corn Fund				Teucrium Soybean Fund				Teucrium Sugar Fund				Teucrium Wheat Fund				Teucrium Agricultural Fund				Eliminations				Teucrium Commodity Trust
Assets
Cash and cash equivalents		$	60,998,326			$	23,806,400			$	11,831,089			$	114,295,968			$	8,570			$	-			$	210,940,353
Interest receivable			78,840				33,654				28,954				66,768				35				-				208,251
Other assets			3,171				4,286				7,436				705				1,180				-				16,778
Equity in trading accounts:
Commodity futures contracts			1,936,572				-				-				-				-				-				1,936,572
Due from broker			3,738,171				2,725,790				2,255,054				19,874,285				-				-				28,593,300
Investments in exchange traded funds, at fair value (cost: $12,632,301 as of December 31, 2024)			-				-				-				-				10,344,458				(10,344,458	)			-
Total equity in trading accounts			5,674,743				2,725,790				2,255,054				19,874,285				10,344,458				(10,344,458	)			30,529,872
Total assets		$	66,755,080			$	26,570,130			$	14,122,533			$	134,237,726			$	10,354,243			$	(10,344,458	)		$	241,695,254

Liabilities
Management fee payable to Sponsor		$	52,375			$	22,453			$	12,357			$	102,147			$	-			$	-			$	189,332
Other liabilities			23,050				3,608				2,904				16,988				832				-				47,382
Equity in trading accounts:																							-
Commodity futures contracts			1,955,417				1,321,026				1,560,295				11,974,384				-				-				16,811,122
Total equity in trading accounts			1,955,417				1,321,026				1,560,295				11,974,384				-				-				16,811,122
Total liabilities			2,030,842				1,347,087				1,575,556				12,093,519				832				-				17,047,836

Net Assets		$	64,724,238			$	25,223,043			$	12,546,977			$	122,144,207			$	10,353,411			$	(10,344,458	)		$	224,647,418


		*Teucrium Corn Fund*				*Teucrium Soybean Fund*				*Teucrium Sugar Fund*				*Teucrium Wheat Fund*				*Teucrium Agricultural Fund*				*Hashdex Bitcoin Futures ETF*				*Eliminations*				*Teucrium Commodity Trust*
Assets
Cash and cash equivalents		$	76,745,471			$	28,107,189			$	16,773,745			$	168,732,086			$	11,208			$	1,867,663			$	-			$	292,237,362
Interest receivable			105,283				36,662				31,551				226,748				55				10,297				-				410,596
Other assets			-				-				835				4,527				-				-				-				5,362
Equity in trading accounts:
Commodity futures contracts			-				-				-				2,237,493				-				129,519				-				2,367,012
Due from broker			6,533,938				2,385,040				3,650,191				17,783,729				-				582,908				-				30,935,806
Investments in exchange traded funds, at fair value (cost: $19,469,359 as of December 31, 2023)			-				-				-				-				18,401,900				-				(18,401,900	)			-
Total equity in trading accounts			6,533,938				2,385,040				3,650,191				20,021,222				-				712,427								33,302,818
Total assets		$	83,384,692			$	30,528,891			$	20,456,322			$	188,984,583			$	18,413,163			$	2,590,387			$	(18,401,900	)		$	325,956,138

Liabilities
Management fee payable to Sponsor		$	71,506			$	25,659			$	17,451			$	160,231			$	-			$	2,053			$	-			$	276,900
Other liabilities			80,603				55,551				30,774				72,017				4,037				-				-				242,982
Equity in trading accounts:
Commodity futures contracts			2,182,141				1,391,661				2,687,998				4,575,666				-				51,376				-				10,888,842
Total equity in trading accounts			2,182,141				1,391,661				2,687,998				4,575,666				-				51,376				-				10,888,842
Total liabilities			2,334,250				1,472,871				2,736,223				4,807,914				4,037				53,429				-				11,408,724

Net Assets		$	81,050,442			$	29,056,020			$	17,720,099			$	184,176,669			$	18,409,126			$	2,536,958			$	(18,401,900	)		$	314,547,414


		*Teucrium Corn Fund*				*Teucrium Soybean Fund*				*Teucrium Sugar Fund*				*Teucrium Wheat Fund*				*Teucrium Agricultural Fund*				*Hashdex Bitcoin Futures ETF*				*Eliminations*				*Teucrium Commodity Trust*
Realized and unrealized gain (loss) on trading of securities, commodity and cryptocurrency futures contracts:
Realized loss on commodity and cryptocurrency futures contracts		$	(13,556,155	)		$	(6,891,609	)		$	(2,500,209	)		$	(23,202,055	)		$	-			$	(78,143	)		$	-			$	(46,228,171	)
Net change in unrealized appreciation (depreciation) on commodity and cryptocurrency futures contracts			2,163,296				70,635				1,127,703				(9,636,211	)			-				114,383				-				(6,160,194	)
Realized (loss) gain on securities			-				-				-				-				(1,102,822	)			-				1,102,822				-
Net change in unrealized depreciation on securities			-				-				-				-				(1,220,384	)			-				1,220,384				-
Interest income			3,384,093				1,475,582				734,413				7,381,620				495				1,073				-				12,977,276
Total (loss) income		$	(8,008,766	)		$	(5,345,392	)		$	(638,093	)		$	(25,456,646	)		$	(2,322,711	)		$	37,313			$	2,323,206			$	(39,411,089	)

Expenses
Management fees			658,017				287,128				145,054				1,445,767				-				200				-				2,536,166
Professional fees			329,545				164,632				98,717				691,361				69,463				48,489				-				1,402,207
Distribution and marketing fees			960,325				469,351				316,477				2,063,907				139,704				826				-				3,950,590
Custodian fees and expenses			97,813				47,205				33,883				197,647				12,874				1,919				-				391,341
Business permits and licenses fees			24,990				19,456				22,638				47,729				13,617				11,075				-				139,505
General and administrative expenses			77,852				35,011				24,785				176,870				11,991				-				-				326,509
Other expenses			-				-				-				-				131				-				-				131
Total expenses			2,148,542				1,022,783				641,554				4,623,281				247,780				62,509				-				8,746,449

Expenses waived by the Sponsor			-				-				-				-				(235,747	)			(62,309	)			-				(298,056	)

Total expenses, net			2,148,542				1,022,783				641,554				4,623,281				12,033				200				-				8,448,393

Net (loss) Income		$	(10,157,308	)		$	(6,368,175	)		$	(1,279,647	)		$	(30,079,927	)		$	(2,334,744	)		$	37,113			$	2,323,206			$	(47,859,482	)


		*Teucrium Corn Fund*				*Teucrium Soybean Fund*				*Teucrium Sugar Fund*				*Teucrium Wheat Fund*				*Teucrium Agricultural Fund*				*Hashdex Bitcoin Futures ETF*				*Eliminations*				*Teucrium Commodity Trust*
Realized and unrealized gain (loss) on trading of securities, commodity and cryptocurrency futures contracts:
Realized (loss) gain on commodity and cryptocurrency futures contracts		$	(26,707,038	)		$	940,552			$	11,398,276			$	(81,189,435	)		$	-			$	1,308,803			$	-			$	(94,248,842	)
Net change in unrealized (depreciation) appreciation on commodity and cryptocurrency futures contracts			(800,836	)			(3,912,031	)			(3,514,199	)			20,881,933				-				48,991				-				12,703,858
Realized (loss) gain on securities			-				-				-				-				(96,992	)			-				96,992				-
Net change in unrealized depreciation on securities			-				-				-				-				(1,214,870	)			-				1,214,870				-
Interest income			5,217,831				1,843,080				1,340,056				9,252,100				590				82,970								17,736,627
Total (loss) income		$	(22,290,043	)		$	(1,128,399	)		$	9,224,133			$	(51,055,402	)		$	(1,311,272	)		$	1,440,764			$	1,311,862			$	(63,808,357	)

Expenses
Management fees			1,054,156				369,531				267,574				1,878,763				-				17,718				-				3,587,742
Professional fees			394,719				282,599				251,061				532,146				217,608				241,278				-				1,919,411
Distribution and marketing fees			1,048,908				384,860				268,576				2,106,344				190,696				8,198				-				4,007,582
Custodian fees and expenses			109,559				39,143				27,216				226,411				23,747				2,167				-				428,243
Business permits and licenses fees			29,208				22,477				22,148				34,453				14,109				19,187				-				141,582
General and administrative expenses			69,692				30,129				22,598				139,454				18,990				550				-				281,413
Other expenses			-				-				-				-				8				-				-				8
Total expenses			2,706,242				1,128,739				859,173				4,917,571				465,158				289,098								10,365,981

Expenses waived by the Sponsor			-				-				-				-				(440,191	)			(271,380	)			-				(711,571	)

Total expenses, net			2,706,242				1,128,739				859,173				4,917,571				24,967				17,718				-				9,654,410

Net (loss) Income		$	(24,996,285	)		$	(2,257,138	)		$	8,364,960			$	(55,972,973	)		$	(1,336,239	)		$	1,423,046			$	1,311,862			$	(73,462,767	)


		*Teucrium Corn Fund*				*Teucrium Soybean Fund*				*Teucrium Sugar Fund*				*Teucrium Wheat Fund*				*Teucrium Agricultural Fund*				*Hashdex Bitcoin Futures ETF*				*Eliminations*				*Teucrium Commodity Trust*
Realized and unrealized gain (loss) on trading of securities, commodity and cryptocurrency futures contracts:
Realized gain (loss) on commodity and cryptocurrency futures contracts		$	28,784,977			$	10,362,032			$	(442,477	)		$	(81,457,408	)		$	-			$	(423,794	)		$	-			$	(43,176,670	)
Net change in unrealized (depreciation) appreciation on commodity and cryptocurrency futures contracts			(7,317,857	)			(164,481	)			(172,519	)			(26,279,809	)			-				29,152				-				(33,905,514	)
Realized (loss) gain on securities			-				-				-				-				182,252				-				(182,252	)			-
Net change in unrealized depreciation on securities			-				-				-				-				(1,231,110	)			-				1,231,110				-
Interest income			3,437,856				1,141,422				452,734				5,619,025				432				12,854				-				10,664,323
Total income (loss)		$	24,904,976			$	11,338,973			$	(162,262	)		$	(102,118,192	)		$	(1,048,426	)		$	(381,788	)		$	1,048,858			$	(66,417,861	)

Expenses
Management fees			2,121,041				677,727				278,028				3,549,506								4,249				-				6,630,551
Professional fees			416,723				140,044				77,992				663,700				79,712				54,416				-				1,432,587
Distribution and marketing fees			1,197,419				379,076				168,266				2,141,826				187,385				1,076				-				4,075,048
Custodian fees and expenses			110,365				37,114				15,692				228,096				19,180				213				-				410,660
Business permits and licenses fees			34,477				21,062				28,238				49,106				13,601				10,842				-				157,326
General and administrative expenses			113,955				43,514				20,254				123,180				13,821				8,744				-				323,468
Other expenses			-				-				-				2,108				39				-				-				2,147
Total expenses			3,993,980				1,298,537				588,470				6,757,522				313,738				79,540				-				13,031,787

Expenses waived by the Sponsor			(345,855	)			(89,562	)			(78,237	)			(425,164	)			(262,928	)			(75,291	)			-				(1,277,037	)

Total expenses, net			3,648,125				1,208,975				510,233				6,332,358				50,810				4,249				-				11,754,750

Net Income (loss)		$	21,256,851			$	10,129,998			$	(672,495	)		$	(108,450,550	)		$	(1,099,236	)		$	(386,037	)		$	1,048,858			$	(78,172,611	)