N.M. Stat. § 53-19-22
Sharing of profits and losses.
The profits and losses of a limited liability company shall be allocated among the
members in the manner provided in the articles of organization or an operating
agreement. If neither the articles of organization nor an operating agreement provide for
allocation, such profits and losses shall be allocated among the members in proportion
to the value of their respective contributions to capital, adjusted to reflect all withdrawals
from capital.