# DELPHOS MMJ L.P. X-17A-5 (2024-03-25) — Broker-dealer annual report

- Company: DELPHOS MMJ L.P.
- Form: X-17A-5
- Filed: 2024-03-25
- Period: 2023-12-31
- Accession: 0001339265-24-000003
- CIK: 1339265
- File #: 8-67083
- Type: Broker-dealer
- Material weakness: No
- Auditor: Goldman & Company CPAs P.C.
- Auditor location: Marietta, GA
- Contact: Jeffrey Heller
- Phone: 9736694744
- Email: jphellercpa@comcast.net
- Signed by: Werner Graser (President)

Original filing: https://www.sec.gov/Archives/edgar/data/1339265/000133926524000003/delphosmmjaudit2023-1.pdf

---

{0}------------------------------------------------

### . ANNlilt(r. ,·\_ : • . . . ·. : ; ,: '.\_ ·o.. ·ep. **-\_ : 't)** .. **..**  R **,t.<** s· ·f.QJtM X;;f.1.A~~ ·, ·. **P~\_RT'lll** ·

| . :~:iJ,f~~11/n~J!1/ms-1J1.ia •        |  |
|----------------------------------------|--|
| • ·kP1t~~:N)w.~i)j:oi~: .              |  |
| • ·: ~rlimale!flive.l)Jl!-bllr:t/1!111 |  |
| Jialirs_:ii,iff.~~ilo~/if __l~ . :     |  |
|                                        |  |
|                                        |  |
|                                        |  |

| . _1!1t1&s<br>== ~e1tr~~ ~:~~10~-:~im·1~r~riNG.<br>. • •  . •, ,.<br>. .<br>,"• :             | : .·=µJ{(l1,J2,~:, • --~~o':ENE>TN~· .,"<br>·.                | · ._'li2l3                                         | 1;/f\$; .<br>·'<br>. ----~~-:-=,.,,.,,.,,__.                                   |
|-----------------------------------------------------------------------------------------------|---------------------------------------------------------------|----------------------------------------------------|--------------------------------------------------------------------------------|
| <br>. , _ .                                                                                   | . _. · ,M:rt,/6:P.t-f( ,                                      | • • •<br>. :"-                                     | :MMf1i(ifii • •                                                                |
|                                                                                               | ·,A; R~G.LSJ;M~T!P.~NTJ~l~T:IP.1( .:· •                       |                                                    |                                                                                |
|                                                                                               |                                                               |                                                    |                                                                                |
|                                                                                               |                                                               |                                                    |                                                                                |
|                                                                                               |                                                               |                                                    |                                                                                |
|                                                                                               |                                                               |                                                    |                                                                                |
|                                                                                               |                                                               |                                                    |                                                                                |
|                                                                                               |                                                               |                                                    |                                                                                |
|                                                                                               |                                                               |                                                    | • :Jtl~,t!loif •. · .-                                                         |
|                                                                                               |                                                               |                                                    |                                                                                |
|                                                                                               |                                                               |                                                    |                                                                                |
|                                                                                               |                                                               |                                                    |                                                                                |
|                                                                                               |                                                               |                                                    |                                                                                |
|                                                                                               |                                                               |                                                    |                                                                                |
| _ .•. • ._: INPEf~~llE.NtP,UBUCA'.fitto~NT~~J. whlls.e-ie·porls:,:ar.e~onfafoerl.1tf.fhidM~a~ |                                                               | •                                                  |                                                                                |
| Gtifcl.~~:~:_~t.~9:mP·~ny,. Ql\$1A~J~\¢~:<br>__<br>'.                                         |                                                               |                                                    |                                                                                |
|                                                                                               | :t~iitii~::-,-if:J~~rlitcW~\.#~\~:i~~Hil~-~~ij;,ma~ifn~me.l . |                                                    |                                                                                |
| . ~~a<br>s :J~bswfili_··<br>'J~d~,, Ste az<br>'.                                              | :Mariella:                                                    | ;GA                                                |                                                                                |
|                                                                                               |                                                               |                                                    |                                                                                |
|                                                                                               |                                                               |                                                    |                                                                                |
| • • : • ·,' • • • • • :;(ba~~<br>-!;ifRl:111siNti~rrw.1tlditAoa)iiob.ilUc:i6ief<br>•          | FQ).tPf:f(¢.1.AA,;;~~~ij.ti,Y. · .                            | ·: ---iitAoa~tiilm:at10;,.No;,;_ij~i:.1,~~~n~ab1;t |                                                                                |
|                                                                                               |                                                               |                                                    |                                                                                |
|                                                                                               |                                                               |                                                    | ~~i,~ij*i)i~~~:,@i~f1!.ifpft.!i~f.¢.#.o~Mi~f.HIJ.'iiiip~olf.~fi;lJ'P.li.~l[c:_ |

; . .. \_ *..* :• . '.; . '•• ·, • ,•

{1}------------------------------------------------

| Wemer Graser           | swear (or affirm) that, to the best of my knowledge and bellef, the                                                                 |
|------------------------|-------------------------------------------------------------------------------------------------------------------------------------|
| 12/31                  | 00: \$9 :00                                                                                                                         |
|                        | 2023___ Is true and correct. I further swear (or affirm) that nelther the company non any                                           |
| as that of a customer; | patiner, officer, director, or equivalent person, as the case may be, has any proprietary interest in any account classified solely |

• CINDY E BLU» IClN~ .. '. .... Notary Public, State of New Jersey My Commission Expires

itfiJ~,fafini.!'hi~ri'tai\_n\$·:.ic;Jia•:·1tli1··r·:a .. niJ'i!;;.i,j ,·:.'i:j -~--N;;;o .. ve;:m;;b~er;.1~0;;;;,;;2;;;0;;2;;;6;;;;;:;;..\_!I , .. ,.~ ... , .•.... i.. . .. ·"'·. '" . -\! .. .,,i;\_ -.'!' \_ • **p.,i,, .**.. ~ ...**. e,,..** 

- . I <sup>1</sup> ~l~\~~ero~l'i.~:~Jf('rJ~i!9~::~~i@lf1>.ti;
- 0 . ::«>}:N~ig~p:~gj;~~1ii;t:~f~'.~JX~f~u:nmt :QMf rninoi<\l-cs111.ditiQn.
- Iii: .;(c{/St1itrne.nt.Qfl1JtP.me:-~Qs.\$i•:Qr,;.-iM'tier~4.!i:...liiffier•. ~<m1P..r-t1h:l!l\'s.iV~i)n.c9m.e-:Jo'fbe. peclo~(~r:pr~ie.nted~ a,-s.ta.blm:eri:i<Qf ·CQriipr:~t:ren:sfv,e;lnc:cm,re:-'(-;rs,!l'1;fJiiedJnf'. 2lo~i,,o:t,of::i~·egi.iratJ~n~s.:x).. .. **a** :(d}~t.aiemt:ntof'tasi:tilhws,.. .. •
- 
- **!!i.** -9.fstafemenlo\_t,cfl~n:s,eS;1n·:~t~~~holder~;,o~·P.attnersl:.orsole,pr.optl~to,r":s·equih',
- b\_ J9'.5,t~tementof'tb;aoie.tii:i tl~~iJ/.~~~i~,~-°-t4itia,ti#,~o,r;.l~.ifn(~t~~~ito:r~,
- <sup>~</sup>.(:~):i(4;>,l\_i!~,~!~~Mq,!ti;i~I\_!id<sup>1</sup> ~n.:~11~!al;s:~t~rr;i~p.~;, •
- ~ ;{h) ~m,p:Qm·tJ.M:c~fnef~?P..@l. :\_~i;l:g.e'.r'l7·:(;f~.ito4S'c\*l,ri..0;7:' ,CJ!S. tZ,tO~'l;\$-~·';1,~ ~\$Jppll\_~aijl\_e,:
- Cl 11) ¢?-imi>.Q.tatlQn,Q.'f-t:i!.t'lgftiJ~ n~WlCi'rffi-0n~e1ttci=lt24Q'.,1B.a~t
- **.8** '.ij)t-qmpclt~iton.for.,det!:!.i--mt.r::iaiforrofOJs.to.menr:e.s:erv.e r-equb:emeni~pur.suani:fo,:€xlllbltA.h)J1J!(St2~fi).~i~;j.,
- □ !(k)'COflllallJtiiilon-ib-r-"de.terminaffort0f.securi¥based.:sw~p :r.e~erve,reqafremenis por\$uarii±o E.xfiib1t:ihoitt:CFR-140:1'5il3;:3 er :e~iPltA":t'.o:::'1:7.·:l:F.~ .24b"aaa4,:as:-!AP11ca.ble, - •
- Q ,m ,\_ei,111p.1,.1latr.im;tQt :S.efetn:1li:1atf0:t1:t1tP.'Aa::ile:guir.e.me11ts ,ut1d.~r.:E~liiil>ii:-:Atoi, .:2Atfr1-S.c3iS:..
- iii Jfu} ·1nro1Matfortrelil'tTntti!rc?osie~sion·~r<;!a)1\lr-i?l,/ ~qU.1ti/,f.t.\~e.Wf9f"~~~(l:i\tlit:~• U~~~t~7. ~:f13;;i~9;~.~-~J.1
- o· tJ~~£l~f,1i}·r!}~~~!t~1~{{!Zt~5f~~~~ijf!f.lllr:~~~tM1~tl!?~!H!W.:b~sM}W@:9M~fQttt~t~·u):iJ!et:,•ff14P,~ .:"L.-. , .. l: •'•··.. .. *......... "!-!.,. ,.,* .... i!Pt,? .. , . . ,.. .
- p. l~l ~~r,~9l.(!~tJi9.)lJ; :!nftl'i:~Jqti~Rfii:~)).r.!~~~-~P.lif!'i~Y°P~s1 pJ~!i~Jo~v.~.Mt>M:it-iit!l r;iifr.lJi@~t!9..;iJ>lMt~~l~l.~t:,~J1'gl~Jtl:ij~ • =~~~N,HM!:l'r.fr,-r~.fA: ~.4Pil:S.s:~•1/P··q~R '?.!IIB;l~-1:i ~t:1l <1FR·2~.q~1lw2,;~~,'agplf~~~1¢, ~!i4-th1H~MNii c.¢tJi!Jt,em~.0~0i!r:1~¢.(l<sup>0</sup> 7: :Cf,A,~4Q~1\$~3~3 lit' t? ~~ ~4'Q;i~~➔;, ~-t~~Pli~~~l:~kJlfi:i~f~rWt~!!':f1f(~i;i.~:~JicJ~t <!(1~~t~ftiet\_Kt.~~'t·f.1A:m~tM~[<!lff~j~ti(i~'.} **·exi~:** .;,
- jp}:summat.y,,offin~nc,i,al:4~!~ f¢t f~b-~j~j~r.(~tri:qr~n~ll~at~~:fl! Y1~::\$l~\J:!tti~~t:Qf;ffr,a:ij~i:i\_lt9~i:fl\lo11,
- ~: lt1tQ.:1~b~r-Jtilt.m~tfQ.°l'I ii:(~i!i~Qf.~M:t.e.w\tl'fl:1'.q'R:-i4.9.;.1Ya·~ .. =a:7i:1F..R 24.P.:\_t?.a,1·~.nt:i:u;fJ(i!l!Mi~~-~7,.'~sril"P.PJ.1¢.aJ;i(il .
- . o · .Crl~fliiP.l(~n~t.f.~PP..rfITT:li~i:/;fdifri~~:WlthJ.7tf:lt~~Q.i1ai\$ orJ1'7J::r.a MPJ.8~~1,.i!{'~ppl\iiib!~;
- ·,~· ts)i~~~et~ti r.~p9\_h::,Jb:a:c~p.r,d~!i<ia.1,,11Jfj;11,~1;1ti11rM:)3,:~!:Qr-Jf:~~ft:l@);~s~-t,,~s.;1p,p.\_1j\_~y.'bl~--
- 
- '.ii' ltl-1n~~p..end~ot":P.iil1iU~.mtP.Ul'\tanrs.t~JlO.ri ha:se.d:~n:irn:,exaitliniltion•.o.h'he.-staiem:e.nhiHfnaoclah:1:1nd1tro1tT. =ii· 'i~)'.l11dtp:el'!dtmt.t;,.~i/lti~at'C(l1;mlatitf.i,r.ep\_orf.b~e-d:'0n ao.'exaililnatfbri,dft'tre1Jrianclai:r,ep-:c,rt.!idi'nancl~l'\$tatetnifn~:u11/t'er,jJ. 'ciiA 2!11i11'a·f.S:d.iitf'R~4b;is.:1-; ot,1i:aiiF.iti~'o;i'.ia~:faj.;a~,a,PP.iitabie. • ·
- **·:s;** j.\lflncier,iendel'lt p.ubilc:ciccotitita"n~s1.:ep11ttiliase·ci".;en"artexamlna~fon'of~erta11'):~tat;em.~l'i~;i~Jh~,cit,fi.1P,!i~t.i~ttP.P.&-ll&d~t ~,l tf.R:240;1'[a;.S',ot.l7-CfR:2"10.iB.ai>J/ss:"'a\_ppilcable. \_ - . \_
- **::s.·** iW}:inci:ep-e11der.it:.P.ub1fo: a-t'tiiuntan¢.~:t~Ji'i?tf b.;i~~'c;k~-i:iJ r~~w:p(jb~: ~K¢1;1i"#J!O:~.r!!P.1'.!:rt~-~~lt:l.7•~FJ:J}l194'iil.•°? 9!':!'1' . cf.it240~:l:ifo~~;ia~,;apt>lkable-. . . . .
- "-I:): J~f s·up~1~n1el'ital :reportseo;'~~~Mnif~gr:e.~j~~\u~,o.,npt\_9.a.;.~~r~; !i:i..1i"~~Pt-~~!1~it-w..1Jfa :;t;f:<;:.f.R' ~4.0il?IJ3fl\_~:ll!"Jl·q ,~:.~4:o}:1:7:a•:f?. :as:ia:,ip,lit:i~le.- ... .. .. •• ... ·
- ::t:l' 1•1'.'R ·rro~ *d* • "ibl-n ·.c ~ ·:--·ate· , ... r: 1 • ti • • a"iesi1,urt••iito•livist-ot"ou ·'tl':to,li'a e e • istei:l '\$ii\' ··Jhi!'i:liiti:-of'W ,: • ,;,.,•ou~·ir~(~lt :or:- :.• •: Hf, \_.e cf:ll •• ),:•· . -~~•-•. ,.lt;j.l'!Y, ./11 .. ..r. ':!\i r.)1!,. -~!lR.!-< ... ' ··· '····•::!':l .. r. "rr.w .. , I! ·- J!,., . ,.· .Y.\_ .)f ...... . ,• ~l:l!.\_ ... , .... ·- .... •, ~ p..\_~tJ. ........ .... . . ~~~lff~pi~l:J~'(ff~tl'!o:mJ.t~t(al.to~~:c:li3.~tl~ie:i1~.t; 1itti;l.~riJ.fC::F.H i~Q~'!.:la~l2l~t co **,~1~~h~t!1**
- **!** ..... .. .
- :if•r.o, ll!~lf~f~ ~snjjdi?(lt,,tt[ iwm:P~[lt-'c] *Jfr:t.'{!Jp.;,* p(ii;tlMf·-ohblt /}II®,, ~i!~,J:7 *'C.f..Jr/f1,qi.t7d;j5,MJ~J. !pf."'J ..* r *qfJi,'7,4Qi~8.t:i·?{q)(~};\_* ~5. i:tlJ,Pllwiiie. •

{2}------------------------------------------------

FINANCIAL STATEMENTS FOR THE YEAR ENDED December 31 , 2023 AND REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

{3}------------------------------------------------

#### **Table of Contents**

| Report of Independent Registered Public Accounting Firm                                                             |    |
|---------------------------------------------------------------------------------------------------------------------|----|
| Financial Statements                                                                                                |    |
| Statement of Financial Condition         .                                                                          | 2  |
| Statement of Operations       .                                                                                     | 3  |
| Statement of Changes in Partners' Capital                                                                           | 4  |
| Statement of Cash Flows                                                                                             | 5  |
| Notes to Financial Statements   .                                                                                   | 6  |
| Supplementary Schedule I - Computation of Net Capital.                                                              | 12 |
| Supplementary Schedules II & Ill.                                                                                   |    |
| Independent Accountants' Report on Exemption                                                                        | 14 |
| Exemption Report     .                                                                                              | 15 |
| Independent Accountants' Report on Applying Agreed-Upon Procedures<br>Related to SIPC Assessment Reconciliation   . | 16 |
| SIPC General Assessment Reconciliation Form SIPC-7       .                                                          |    |

{4}------------------------------------------------

#### REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Partner and Management of

We have audited the accompanying statement of financial condition of Delphos MMJ, LP as of December 31, < 2023, the related statements of operations, changes in partner's capital and cash flows for the year ended 0.. December 31, 2023 and the related notes (collectively referred to as the "financial statements"). In our **opinion,u**  the financial statements present fairly, in all material respects, the financial position of Delphos MMJ, LP as of ~ December 31, 2023, and the results of its operations and its cash flows for the year then ended in conformity 0 with accounting principles generally accepted in the United States of America. U

#### **Basis for Opinion** <sup>~</sup>

These financial statements are the responsibility of Delphos **MMJ, LP** 's management. Our responsibility is to express an opinion on Delphos MMJ, LP's financial statements based on our audit. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) ("PCAOB") and are required to be independent with respect to the company in accordance with the U.S Federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

We conducted our audit in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. Our audit included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audit also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audit provides a reasonable basis for our opinion.

#### **Auditor's Report on Supplemental Information**

The Schedule's I- Computation of Net Capital Under SEC Rule 15c3-l, Schedule II-Computation for Determination of Reserve Requirements Pursuant to SEC Rule 15c3-3 (exemption) and Schedule ill-Information Relating to Possession or Control Requirements Pursuant to SEC Rule 15c3-3 (exemption) have been subjected to audit procedures performed in conjunction with the audit of Delphos MMJ, LP's financial statements. The supplemental information is the responsibility of Delphos MMJ, LP's management. Our audit procedures included determining whether the supplemental information reconciles to the financial statements or the underlying accounting and other records, as applicable, and performing procedures to test the completeness and accuracy of the information presented in the supplemental information. In forming our opinion on the supplemental information, we evaluated whether the supplemental information, including its form and content, is presented in conformity with 17 C.F.R. §240.l 7a-5. In our opinion, the schedule's I, Il. and ill are fairly stated, in all material respects, in relation to the financial statements **as a** whole.

We have served as the Company's auditor since 2015.

Goldman & Company, CPA's, P.C. Marietta, Georgia March 22, 2024

{5}------------------------------------------------

#### **STATEMENT OF FINANCIAL CONDITION December 31, 2023**

#### **ASSETS**

| ASSETS:                 |                  |
|-------------------------|------------------|
| Cash & cash equivalents | 103,035<br>\$    |
| Accounts receivable     | 574,236          |
| Officer's advance       | 119,311          |
| Deferred tax asset      | 203,600          |
|                         |                  |
| Total current assets    | I<br>1,000,182   |
|                         |                  |
| OTHER ASSETS            |                  |
| Security Deposit        | 4,182            |
|                         |                  |
|                         |                  |
| TOTAL                   | I\$<br>1,004,364 |

#### **LIABILITIES AND PARTNERS' CAPITAL**

| LIABILITIES<br>Commissions payable<br>Accounts payable and accrued expenses | 388,527<br>\$<br>27,018 |
|-----------------------------------------------------------------------------|-------------------------|
| TOTAL                                                                       | I<br>415,545            |
| PARTNERS' CAPITAL                                                           | I<br>588,819            |
| TOTAL                                                                       | I\$<br>1,004,364        |

The accompanying notes are an integral part of these financial statements.

{6}------------------------------------------------

#### **STATEMENT OF OPERATIONS FOR THE YEAR ENDING DECEMBER 31, 2023**

| REVENUE:                                 |     |           |
|------------------------------------------|-----|-----------|
| Commissions-Advisory services            | \$  | 1,531,303 |
| Commissions-Success fees                 | \$  | 742,500   |
| Interest income                          |     |           |
| Total revenue                            | I\$ | 2,273,805 |
| EXPENSES:                                |     |           |
| Employee benefits and compensation       |     | 714,794   |
| Insurance                                |     | 137,748   |
| Travel & registered reps. reimbursements |     | 227,375   |
| Commissions                              |     | 1,669,819 |
| Legal and professional fees              |     | 94,796    |
| Rent                                     |     | 41,243    |
| Office expense                           |     | 50,463    |
| Regulatory expense                       |     | 38,657    |
| Consulting                               |     | 140,224   |
| Bank service expense                     |     | 1,818     |
| Depreciation                             |     | 1,107     |
| Other operating expenses                 |     | 32,914    |
| Total expenses                           | I   | 3,150,958 |
| Net loss before other expense            |     | (877,153) |
| Other income                             |     |           |
| Deferred tax benefit                     |     | {54,877)  |
| Other expense                            |     | (54,877)  |
| NET LOSS                                 | I\$ | (822,276) |

The accompanying notes are an integral part of these financial statements.

{7}------------------------------------------------

### **STATEMENT OF CHANGES IN PARTNERS' CAPITAL FOR THE YEAR ENDED DECEMBER 31, 2023**

|                             |      | General Partner | Limited Partners | Total |           |
|-----------------------------|------|-----------------|------------------|-------|-----------|
| Balance - beginning of year | \$   | (4,764)         | \$<br>363,559    | \$    | 358,795   |
| Net loss                    |      | (2,714)         | (819,562)        |       | (822,276) |
| Capital Contribution        |      |                 | 1,050,000        |       | 1,050,000 |
| Prior Period adjustment     |      |                 | 2,300            |       | 2,300     |
| Balance - end of year       | I \$ | (7,478)         | \$<br>596,297    | \$    | 588,819   |
|                             |      |                 |                  |       |           |

The accompanying notes are an integral part of these financial statements.

{8}------------------------------------------------

#### **STATEMENT OF CASH FLOWS FOR THE YEAR ENDING DECEMBER 31, 2023**

| OPERATING ACTIVITIES:<br>Net loss               | \$  | (822,276)    |
|-------------------------------------------------|-----|--------------|
| Adjustments to reconcile net income to net cash |     |              |
| provided in operating activities                |     |              |
| Depreciation                                    |     | 1,107        |
| Increase in accounts receivable                 |     | (284,963)    |
| Increase in officer's advance                   |     | (71,461)     |
| Decrease in officer's advance                   |     | 3,441        |
| Decrease in accounts payable                    |     | (7,295)      |
| Decrease in commission payable                  |     | 200,881      |
| Increase in deferred tax                        |     | (55,600)     |
| Net cash used by operating activities           | I\$ | (1 ,036,166) |
| FINANCING ACTIVITIES:                           |     |              |
| Partner's capital contributions                 | \$  | 1,050,000    |
| Prior period adjustment                         | \$  | 2,299        |
| Net cash provided by financing activities       | I\$ | 1,052,299    |
| NET INCREASE IN CASH                            | I\$ | 16,133       |
| CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR  | \$  | 86,902       |
| CASH AND CASH EQUIVALENS AT END OF YEAR         | I\$ | 103,035      |

The accompanying notes are an integral part of these financial statements. 5

{9}------------------------------------------------

## **Notes to Financial Statements**

Year Ended December 31, 2023

### **1. Organization and Nature of Business**

In 2023 Delphs MMJ LP (the "Company") acquired Mann Mann Jensen Partners LP, and was organized as a limited partnership under the laws of the State of Delaware. The Company provides finder or introducer services to private investment funds (i.e., hedge funds) and their managers. The Company is a broker-dealer registered with the Securities and Exchange Commission (SEC) and is a member of the Financial Industry Regulatory Authority (FINRA). The Company operates from its office located in New York City.

The Company does not carry securities accounts for customers, perform custodial functions related to customers' securities, or maintain customer funds and is therefore exempt from the reserve and possession of control requirements of Rule 15c3-3 of the SEC.

The General Partner, which has a 0.33% ownership interest, has full and complete control of all affairs of the Company, and the management and control of the Company's activities. Limited partners are only liable for the losses, debts, and obligations of the Company. Allocation of income, losses, and distributions are made in accordance with each partner's respective ownership interest.

Subject to any limitations in the Delaware limited partnership law, a limited partner may not withdraw any part of its capital account from the Company or receive any distribution from the Company except as approved by the General Partner.

### **2. Summary of Significant Accounting Policies**

**Basis of accounting** - The financial statements are prepared using the accrual basis of accounting in accordance with accounting principles generally accepted in the United States of America. Revenues and gains are recognized when earned, while expenses and losses are recognized when incurred.

{10}------------------------------------------------

### **Notes to Financial Statements**

Year Ended December 31, 2023

### **2. Summary of Significant Accounting Policies (continued)**

**Use of estimates** - The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities if applicable and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.

**Revenue recognition** - On January 1, 2018, the Company adopted ASU 2014-09 Revenue from Contracts with Customers and all subsequent amendments to the ASU (collectively, "ASC 606"), which creates a single framework for recognizing revenue from contracts with customers that fall within its scope.

Revenue is measured based on a consideration specified in a contract with a customer. The Company recognizes revenue when it satisfies a performance obligation by transferring control over goods or service to a customer. Services within the scope of ASC 606 include Investment banking M&A advisory fees.

**Cash and cash equivalents** - For purposes of the statement of cash flows, the Company considers all cash on hand, cash accounts not subject to withdrawal restrictions or penalties, and all highly liquid debt instruments purchased with an original maturity of three months or less to be cash equivalents.

During the year ended December 31, 2023, the Company had amounts in excess of federally insured limits on deposit with a bank. The Company has not experienced any losses in such accounts, and management believes it is not subjected to any significant credit risk on its cash and cash equivalents.

**Accounts receivable** - Accounts receivable are customer accounts receivable carried at estimated net realizable value and are due upon receipt of services. Management believes that all accounts receivable as of December 31, 2023 are fully collectible. Accordingly, no allowance for bad debts has been recorded at December 31, 2023. Accounts receivable are due upon receipt of services. Accounts receivable at December 31, 2022 was \$289,273.

**Property, equipment and depreciation** - Property and equipment are stated at cost. Additions to property and equipment or expenditures which increase the useful lives of the assets are capitalized. The cost of assets sold or otherwise disposed of and the accumulated depreciation thereon are eliminated from the accounts and the resulting gain or loss is reflected in income

{11}------------------------------------------------

### **Notes to Financial Statements**

Year Ended December 31, 2023

except for assets traded. Depreciation is provided on the straight-line basis at rates based on the following estimated useful lives:

| Equipment              | 3-5 years |
|------------------------|-----------|
| Furniture and Fixtures | 7 years   |

Expenditures for maintenance and repairs are charged to operations as incurred. Depreciation expense for 2023 was \$1,107.

**Income taxes** - The Company is taxed as a partnership for federal and state income tax purposes. The Company is not a taxpaying entity for federal and state income tax purposes; accordingly, a provision for federal and state income taxes has not been recorded in the accompanying financial statements. Partnership income or loss is reflected in the partners' individual or corporate income tax returns in accordance with their ownership percentages.

The Company operates in New York City, which imposes an income tax on unincorporated businesses.

The Company files its U.S. partnership income tax returns using the cash basis of accounting. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be realized or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in earnings in the period that includes the enactment date.

The deferred tax asset is comprised of net operating loss carryforwards on tax imposed by the city of New York on limited partnerships. The net operating losses are as follows:

| Tax Year | Amount    | Expiration Date |
|----------|-----------|-----------------|
| 2011     | \$155,079 | 2031            |
| 2012     | \$528,814 | 2032            |
| 2013     | \$229,359 | 2033            |
| 2014     | \$246,503 | 2034            |
| 2016     | \$849,622 | 2036            |

{12}------------------------------------------------

## **Notes to Financial Statements**

Year Ended December 31, 2023

| 2017  | \$737,147   | 2037 |  |
|-------|-------------|------|--|
| 2018  | \$401,860   | 2038 |  |
| 2019  | \$209,753   | 2039 |  |
| 2020  | \$424,054   | 2040 |  |
| 2021  | \$ 76,831   | 2041 |  |
| 2022  | \$266,269   | 2042 |  |
| 2023  | \$964,958   | 2043 |  |
| Total | \$5,040,249 |      |  |

The deferred tax asset for the period ending December 31, 2023 is \$203,600, which is calculated at a rate of 4% applied to the net operating loss carryforward of \$5,040,249.

The Company has adopted the provisions of FASB Accounting Standards Codification 740-10, Accounting for Uncertainty in Income Taxes. Under FASB ASC 740-10, the Company is required to evaluate each of its tax positions to determine if they are more likely than not to be sustained if the taxing authority examines the respective position. A tax position includes an entity's status and the decision not to file a return. The Company has evaluated each of its tax positions and has determined that it has no uncertain tax positions for which a provision or liability for income taxes is necessary. The Company files income tax returns for federal, state and city jurisdictions.

The Company is evaluating new accounting standards and will implement as required.

**3. Subsequent events** - The Company evaluated subsequent events to March 22, 2024, the date the financial statements were issued. There were no additional events or transactions occurring during this subsequent event reporting period which require recognition or disclosure in the financial statements.

### **4. Net Capital Requirements**

The Company is subject to the SEC Uniform Net Capital Rule (SEC Rule 15c3-1 ), which requires the maintenance of minimum net capital and requires that the ratio of aggregate indebtedness to net capital, both as defined, shall not exceed 15 to 1. At December 31, 2023, the Company had net capital of \$76,017 which was \$48,314 in excess of its required net capital of \$27,703 The Company's percentage of aggregate indebtedness to net capital was 546.65%.

{13}------------------------------------------------

### **Notes to Financial Statements**

Year Ended December 31, 2023

### **5. Indemnifications**

In the normal course of its business, the Company indemnifies and guarantees certain service providers against specified potential losses in connection with their acting as an agent of, or providing services to, the Company. The maximum potential amount of future payments that the Company could be required to make under these indemnifications cannot be estimated. However, the Company believes that it is unlikely it will have to make material payments under these arrangements and has not recorded any contingent liability in the financial statements for these indemnifications.

The Company provides representations and warranties to counterparties in connection with a variety of commercial transactions and occasionally indemnifies them against potential losses caused by the breach of those representations and warranties. The Company may also provide standard indemnifications to some counterparties to protect them in the event additional taxes are owed or payments are withheld, due either to a change in or adverse application of certain tax laws. These indemnifications generally are standard contractual terms and are entered into in the normal course of business. The maximum potential amount of future payments that the Company could be required to make under these indemnifications cannot be estimated. However, the Company believes that it is unlikely it will have to make material payments under these arrangements and has not recorded any contingent liability in the financial statements for these indemnifications.

### **6. Lease**

The Company leases space on a month to month shared services agreement. The lease expense for 2023 was \$41,243.

### **7. Concentrations**

The top two clients comprise approximately 59% of revenues for the year ending December 31, 2023 and these two clients represent 86% of the accounts receivable balance at December 31, 2023.

### **8. Revenue from Contracts with Customers**

These services include agreements to provide advisory services to customers for which they charge the customer fees. The Company provides advisory services/corporate finance activity

{14}------------------------------------------------

**Notes to Financial Statements** 

Year Ended December 31, 2023

including mergers and acquisitions, reorganizations, tender offers, leverage buyouts, fundraising activity and the pricing of securities to be issued.

These agreements may contains nonrefundable retainer fees or success fees, which may be fixed or represent a percentage of value that the customer receives if and when the corporate finance activity is completed ("success fees"). In some cases, there is also an "announcement fee" that is calculated on the date that a transaction is announced based on the price included in the underlying sale agreement. The retainer fees, announcement fee, or other milestone fees reduce any success fee subsequently invoiced and received upon the completion of the corporate finance activity. The Company has evaluated its nonrefundable retainer payments, to ensure its fee relates to the transfer of a good or service, as a distinct performance obligation, in exchange for the retainer. If a promised good or service is not distinct, the Company combines that good or service with other promised goods or services until it identifies a bundle of goods or services that is distinct. In some cases, that would result in the broker-dealer accounting for all services promised in a contract as a single performance obligation and the retainer revenue is classified as deferred revenue on the Statement of Financial Condition. There is no deferred revenue at December 31, 2023.

### **9. Going Concern**

The Company has sustained recurring losses and negative cash flows from operations over the past two years. The Company's ownership is committed to keeping the Company operating for the next 12 to 24 months via capital contributions, if necessary. Therefore, it will be able to meet its commitments and net capital requirements for the time period.

### **10. Officers Advances**

The Company advanced funds to two officers in 2023 and prior years. The terns are payable on demand with no interest.

{15}------------------------------------------------

#### **COMPUTATION OF NET CAPITAL UNDER RULE 15c3-1 OF THE SECURITIES AND EXCHANGE COMMISSION AS OF DECEMBER 31, 2023**

|                                                                                                                      | I SCHEDULE I           |
|----------------------------------------------------------------------------------------------------------------------|------------------------|
| TOTAL PARTNERS' CAPITAL QUALIFIED FOR NET                                                                            |                        |
| CAPITAL                                                                                                              | I<br>588,819           |
| DEDUCTIONS AND/OR CHARGES:<br>Non-allowable assets:                                                                  |                        |
| Officer's advance                                                                                                    | (119,311)              |
| Accounts receivable - net of commissions payable<br>Deferred tax asset                                               | (185,711)<br>(203,600) |
| Security deposit                                                                                                     | (4 1801                |
| NET CAPITAL                                                                                                          | I<br>76,017            |
| AGGREGATE INDEBTEDNESS                                                                                               |                        |
| Accounts payable and accrued expenses                                                                                | 415 545                |
| Total aggregate indebtedness                                                                                         | I<br>415,545           |
| COMPUTATION OF BASIC NET CAPITAL REQUIREMENT                                                                         |                        |
| Minimum net capital required, greater of 6 2/3% of<br>aggregate indebtedness, or \$5,000                             | I<br>27,703            |
| Excess net capital                                                                                                   | I<br>48 314            |
| Net capital in excess of the greater of: 10% of aggregate<br>indebtedness or 120% of minimum net capital requirement | I<br>34,463            |
| Percentage of aggregate indebtedness to net capital                                                                  | I<br>546.65%           |
|                                                                                                                      |                        |

There is no material difference in the above computation and the Company's net capital as reported in the Company's Part IIA (unaudited) amended FOCUS report as of December 31, 2023

{16}------------------------------------------------

#### SCHEDULE II

#### COMPUTATION FOR DETERMINATION OF RESERVE REQUIREMENTS UNDER RULE 15C3-3 OF THE SECURITIES AND EXCHANGE COMMISSION

The Company does not claim an exemption from SEA Rule 15c3-3, in reliance on footnote 7 4 to SEC Release 34-70073, and as discussed in Q&A 8 of the related FAQ issued by SEC staff. The Company does not (1) directly or indirectly receive, hold, or otherwise owe fudns or securities for or to customers, (2)does not carry accounts of or for customers and (3) does not carry PAS accounts.

#### SCHEDULE Ill

#### INFORMATION RELATING TO THE POSSESSION OR CONTROL REQUIREMENTS UNDER RULE 15c3-3 OF THE SECURITIES AND EXCHANGE COMMISSION

The Company does not claim an exemption from SEA Rule 15c3-3, in reliance on footnote 74 to SEC Release 34-70073, and as discussed in Q&A 8 of the related FAQ issued by SEC staff. The Company does not (1) directly or indirectly receive, hold, or otherwise owe fudns or securities for or to customers, (2)does not carry accounts of or for customers and (3) does not carry PAS accounts.

{17}------------------------------------------------

#### REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Management and Partner of Delphos MMJ, LP

We have reviewed management's statements, included in the accompanying Rule 15c3-3 Exemption Report pursuant to SEC Rule 17a-5, in which (1) Delphos **MMJ,** LP (the Company) did not claim an exemption under paragraph (k) of 17 C.F.R. §240.15c3-3, and (2) the Company 0.. is filing this Exemption Report relying on Footnote 74 of the SEC Release No. 34-70073 u ~O adopting amendments to 17 C.F .R. § 240.17 a-5 because the Company limits its business activities exclusively to include receiving transaction-based compensation for identifying potential merger U and acquisition opportunities for clients. -.,---•• In addition, the Company did not directly or indirectly receive, hold, or otherwise owe funds or 0

securities for or to customers, other than money or other consideration received and promptly ~ transmitted in compliance with paragraph (a) or (b)(2) of Rule 15c2-4 and/or funds received and promptly transmitted for effecting transactions via subscriptions on a subscription way basis DD where the funds are payable to the issuer or its agent and not to the Company; did not carry accounts of or for customers; and did not carry PAB accounts (as defined in Rule 15c3-3) throughout the most recent fiscal year without exception.

Delphos MMJ, LP's management is responsible for compliance with the exemption provisions and its statements.

Our review was conducted in accordance with the standards of the Public Company Accounting Oversight Board (United States) and, accordingly, included inquiries and other required procedures to obtain evidence about Delphos MMJ, LP's compliance with the exemption provisions. A review is substantially less in scope than an examination, the objective of which is the expression of an opinion on management's statements. Accordingly, we do not express such an opinion.

Based on our review, we are not aware of any material modifications that should be made to management's statements referred to above for them to be fairly stated, in all material respects, based upon the Company's business activities contemplated by Footnote 74 of the SEC Release No. 34-70073 adopting amendments to 17 C.F.R. § 240.17a-5, and related SEC Staff Frequently Asked Questions.

Goldman & Company, CPA's, P.C. Marietta, Georgia March 22, 2024

{18}------------------------------------------------

{19}------------------------------------------------

#### REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM ON APPL YING AGREED-UPON PROCEDURES

#### To the Management and Partner of Delphos MMJ LP

We have performed the procedures included in Rule 17a-5(e)(4) under the Securities Exchange Act of 1934 and in the Securities Investor Protection Corporation (SIPC) Series 600 Rules, which are enumerated below on the accompanying General Assessment Reconciliation (Form SIPC-7) for the year ended December 31, 2023. Management of Delphos MMJ, LP (the Company) is responsible for its Form SIPC-7 and for its compliance with the applicable instructions on Form SIPC-7. **'Pllllllmlll•** ~

Management of the Company has agreed to and acknowledged that the procedures performed are appropriate O to meet the intended purpose of assisting you and SIPC in evaluating the Company's compliance with the U applicable instructions on Form SIPC-7 for the year ended December 31, 2023. Additionally, SIPC **has p** <sup>~</sup> agreed to and acknowledged that the procedures performed are appropriate for their intended purpose. This report may not be suitable for any other purpose. The procedures performed may not address all the items of **O** o<l interest to a user of this report and may not meet the needs of all users of this report and, as such, users are responsible for determining whether the procedures performed are appropriate for their purposes. The sufficiency of these procedures is solely the responsibility of those parties specified in this report. DD Consequently, we make no representation regarding the sufficiency of the procedures described below either for the purpose for which this report has been requested or for any other purpose. The procedures we performed and our associated findings are as follows:

- 1) Compared the listed assessment payments in Form SIPC-7 with respective cash disbursement records entries, noting no differences;
- 2) Compared the Total Revenue amounts reported on the Annual Audited Report Form X-l 7A-5 Part ill for the year ended December 31, 2023 with the Total Revenue amount reported in Form SIPC-7 for the year ended December 31, 2023, noting no differences;
- 3) Compared any adjustments reported in Form SIPC-7 with supporting schedules and working papers, noting no differences;
- 4) Recalculated the arithmetical accuracy of the calculations reflected in Form SIPC-7 and in the related schedules and working papers supporting the adjustments, noting no differences; and
- 5) Compared the amount of any overpayment applied to the current assessment with the Form SIPC-7 on which it was originally computed, noting no differences.

We were engaged by the Company to perform this agreed-upon procedures engagement and conducted our engagement in accordance with attestation standards established by the AICP A and in accordance with the standards of the Public Company Accounting Oversight Board (United States). We were not engaged to and did not conduct an examination or a review engagement, the objective of which would be the expression of an opinion or conclusion, respectively, on the Company's Form SIPC-7 and for its compliance with the applicable instructions on Form SIPC-7 for the year ended December 31, 2023. Accordingly, we do not express such an opinion or conclusion. Had we performed additional procedures, other matters might have come to our attention that would have been reported to you.

We are required to be independent of the Company and to meet our other ethical responsibilities in accordance with the relevant ethical requirements related to our agreed-upon procedures engagement.

This report is intended solely for the information and use of Delphos MMJ LP and the SIPC and is not intended to be and should not be used by anyone other than these specified parties.

~ Lf ~r *{t)"'7J* C/4 *r* /Jc

Goldman & Company, CPA's, P.C. Marietta, Georgia March 22, 2024

{20}------------------------------------------------

SIPC-7 37 REV0722

#### SECURITIES INVESTOR PROTECTION CORPORATION

SIPC-7 37 REV0722

### **GENERALASSESSMENTFORM**

For the fiscal year ended 12/31/2023

|   | -<br>Determination of "SIPC NET Operating Revenues" and General Assessment for:<br>MEMBER NAME<br>SEC No.<br>DELPHOS MMJ LP<br>8-67083 |                                                                                                                                                                                                                                                                                                                                                                            |               |            |                 |
|---|----------------------------------------------------------------------------------------------------------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------------|------------|-----------------|
|   |                                                                                                                                        | __<br>For the fiscal period beginning<br>1/_1_/2_0_2_3                                                                                                                                                                                                                                                                                                                     | __ and ending | 12/31/2023 |                 |
| 1 |                                                                                                                                        | Total Revenue (FOCUS Report-<br>Statement of Income (Loss)-                                                                                                                                                                                                                                                                                                                | Code 4030)    |            | \$ 2,273,805.00 |
| 2 |                                                                                                                                        | Additions:                                                                                                                                                                                                                                                                                                                                                                 |               |            |                 |
|   | a Total revenues from the securities business of subsidiaries (except foreign<br>subsidiaries) and predecessors not included above.    |                                                                                                                                                                                                                                                                                                                                                                            |               |            |                 |
|   | b Net loss from principal transactions in securities in trading accounts.                                                              |                                                                                                                                                                                                                                                                                                                                                                            |               |            |                 |
|   | c Net loss from principal transactions in commodities in trading accounts.                                                             |                                                                                                                                                                                                                                                                                                                                                                            |               |            |                 |
|   |                                                                                                                                        | d Interest and dividend expense deducted in determining item 1.                                                                                                                                                                                                                                                                                                            |               |            |                 |
|   |                                                                                                                                        | e Net loss from management of or participation in the underwriting or<br>distribution of securities.                                                                                                                                                                                                                                                                       |               |            |                 |
|   |                                                                                                                                        | f Expenses other than advertising, printing, registration fees and legal fees<br>deducted in determining net profit management of or participation in<br>underwriting or distribution of securities.                                                                                                                                                                       |               |            |                 |
|   |                                                                                                                                        | g Net loss from securities in investment accounts.                                                                                                                                                                                                                                                                                                                         |               |            |                 |
|   |                                                                                                                                        | h Add lines 2a through 2g. This is your total additions.                                                                                                                                                                                                                                                                                                                   |               |            | \$ 0.00         |
| 3 |                                                                                                                                        | Add lines 1 and 2h                                                                                                                                                                                                                                                                                                                                                         |               |            | \$ 2,273,805.00 |
| 4 |                                                                                                                                        | Deductions:                                                                                                                                                                                                                                                                                                                                                                |               |            |                 |
|   |                                                                                                                                        | a Revenues from the distribution of shares of a registered open end investment<br>company or unit investment trust, from the sale of variable annuities, from the<br>business of insurance, from investment advisory services rendered to<br>registered investment companies or insurance company separate accounts<br>and from transactions in security futures products. |               |            |                 |
|   |                                                                                                                                        | b Revenues from commodity transactions.                                                                                                                                                                                                                                                                                                                                    |               |            |                 |
|   |                                                                                                                                        | c Commissions, floor brokerage and clearance paid to other SIPC members<br>in connection with securities transactions.                                                                                                                                                                                                                                                     |               |            |                 |
|   |                                                                                                                                        | d Reimbursements for postage in connection with proxy solicitations.                                                                                                                                                                                                                                                                                                       |               |            |                 |
|   |                                                                                                                                        | e Net gain from securities in investment accounts.                                                                                                                                                                                                                                                                                                                         |               |            |                 |
|   |                                                                                                                                        | f 100% commissions and markups earned from transactions in (I) certificates<br>of deposit and (ii) Treasury bills, bankers acceptances or commercial paper<br>that mature nine months or less from issuance date.                                                                                                                                                          |               |            |                 |
|   |                                                                                                                                        | g Direct expenses of printing, advertising, and legal fees incurred in connection<br>with other revenue related to the securities business (revenue defined by<br>Section 16(9)(L) of the Act).                                                                                                                                                                            |               |            |                 |
|   |                                                                                                                                        | h Other revenue not related either directly or indirectly to the securities business.<br>Deductions in excess of\$100,000 require documentation                                                                                                                                                                                                                            |               | \$ 2.00    |                 |
| 5 |                                                                                                                                        | a Total interest and dividend expense (FOCUS Report - Statement<br>of Income (Loss)- Code 4075 plus line 2d above) but<br>not in excess of total interest and dividend income                                                                                                                                                                                              |               |            |                 |
|   |                                                                                                                                        | b 40% of margin interest earned on customers securities accounts<br>(40% of FOCUS Report - Statement of Income (Loss)-<br>Code 3960)                                                                                                                                                                                                                                       |               |            |                 |
|   |                                                                                                                                        | c Enter the greater of line Sa or Sb                                                                                                                                                                                                                                                                                                                                       |               | \$ 0.00    |                 |
| 6 |                                                                                                                                        | Add lines 4a through 4h and Sc. This is your total deductions.                                                                                                                                                                                                                                                                                                             |               |            | \$ 2.00         |

{21}------------------------------------------------

| SIPC-7<br>37 REV0722                                                  | SECURITIES INVESTOR PROTECTION CORPORATION                                                                |                                  |                | SIPC-7<br>37 REV0722 |
|-----------------------------------------------------------------------|-----------------------------------------------------------------------------------------------------------|----------------------------------|----------------|----------------------|
|                                                                       | GENERALASSESSMENTFORM                                                                                     |                                  |                |                      |
|                                                                       | For the fiscal year ended                                                                                 | 12/31/2023                       |                |                      |
| 7                                                                     | Subtract line 6 from line 3. This is your SIPC Net Operating Revenues.                                    |                                  |                | \$ 2,273,803.00      |
| 8                                                                     | Multiply line 7 by .0015. This is your General Assessment.                                                |                                  |                | \$3,410.00           |
| 9                                                                     | Current overpayment/credit balance, if any                                                                |                                  |                | \$ 0.00              |
| 10                                                                    | General assessment from last filed 2023 SIPC-6 or 6A                                                      |                                  | \$1,104.01     |                      |
| 11<br>b Any other overpayments applied<br>d Add lines 11a through 11c | a Overpayment(s) applied on all 2023 SIPC-6 and 6A(s)<br>c All payments applied for 2023 SIPC-6 and 6A(s) | \$ 0.00<br>\$ 0.00<br>\$1,104.01 | \$1,104.01     |                      |
| LESSER of line 10 or 11d.<br>12                                       |                                                                                                           |                                  |                | \$1 ,104.01          |
| 13 a Amount from line 8                                               |                                                                                                           |                                  | \$3,410.00     |                      |
| b Amount from line 9                                                  |                                                                                                           |                                  | \$ 0.00        |                      |
| c Amount from line 12                                                 |                                                                                                           |                                  | \$1<br>,104.01 |                      |
|                                                                       | d Subtract lines 13b and 13c from 13a. This is your assessment balance due.                               |                                  |                | \$2,305.99           |
| 14                                                                    | Interest (see instructions) for<br>days late at 20% per annum<br>O                                        |                                  |                |                      |
| 15                                                                    | iAmount you owe SIPC. Add lines 13d and 14.                                                               |                                  |                | \$2,305.991          |
| 16                                                                    | Overpayment/credit carried forward (if applicable)                                                        |                                  |                | \$0.00               |
| SEC No.<br>8-67083                                                    | Designated Examining Authority<br>DEA: FINRA                                                              | FYE<br>2023                      | Month<br>Dec   |                      |
| MEMBER NAME<br>MAILING ADDRESS                                        | DELPHOS MMJ LP<br>1270 AVE OF THE AMERICAS 7TH FLR<br>NEW YORK, NY 10020                                  |                                  |                |                      |

Subsidiaries (S) and predecessors (P) included in the form (give name and SEC number)

□ By checking this box, you certify that you have the authority of the SIPC member to sign this form; that all information in this form is true and complete; and that on behalf of the SIPC member, you are authorized, and do hereby consent, to the storage and handling by SIPC of the data in accordance with SIPC's Privacy Policy

| DELPHOS MMJ LP        | Jeffrey Heller          |  |
|-----------------------|-------------------------|--|
| (Name of SIPC Member) | (Authorized Signatory)  |  |
| 2/28/2024             | jphellercpa@comcast.net |  |
| (Date)                | (e-mail address)        |  |

Completion of the "Authorized Signatory" line will be deemed a signature.

**This form and the assessment payment are due 60 days after the end of the fiscal year.**


Source: SEC EDGAR via Adviser Search (https://search.stillhousedata.com). Agents: see https://search.stillhousedata.com/llms.txt.