ROYALTY AGREEMENT, UNALLOCATED RESERVE AND DISTRIBUTIONS (Tables)

6 Months Ended

Jul. 31, 2023

ROYALTY AGREEMENT, UNALLOCATED RESERVE AND DISTRIBUTIONS

Schedule of unallocated cash and U.S. Government securities portion of the Trust's Unallocated Reserve

	July 31, 2023		January 31, 2023
Cash and cash equivalents	$	17,750,909	$	13,966,500
Distribution payable		—		—
Unallocated cash and cash equivalents	$	17,750,909	$	13,966,500

Schedule of reconciliation of Trust's Unallocated Reserve

		Unallocated		Trust
		Reserve		Corpus		Total
Balances as of January 31, 2023	$	11,438,214	$	3	$	11,438,217
Net income		10,206,479		—		10,206,479
Distributions declared - $0.0000 per unit		—		—		—
Balances as of July 31, 2023	$	21,644,693	$	3	$	21,644,696

		Unallocated		Trust
		Reserve		Corpus		Total
Balances as of April 30, 2023	$	12,461,353	$	3	$	12,461,356
Net income		9,183,340		—		9,183,340
Distributions declared - $0.0000 per unit		—		—		—
Balances as of July 31, 2023	$	21,644,693	$	3	$	21,644,696

		Unallocated		Trust
		Reserve		Corpus		Total
Balances as of January 31, 2022	$	30,794,749	$	3	$	30,794,752
Net income		8,737,814		—		8,737,814
Distributions declared - $1.8800 per unit		(24,665,620)		—		(24,665,620)
Balances as of July 31, 2022	$	14,866,943	$	3	$	14,866,946

		Unallocated		Trust
		Reserve		Corpus		Total
Balances as of April 30, 2022	$	30,745,124	$	3	$	30,745,127
Net loss		(4,857,371)		—		(4,857,371)
Distributions declared - $.8400 per unit		(11,020,810)		—		(11,020,810)
Balances as of July 31, 2022	$	14,866,943	$	3	$	14,866,946