ROYALTY AGREEMENT, UNALLOCATED RESERVE AND DISTRIBUTIONS (Tables)

6 Months Ended

Jul. 31, 2024

ROYALTY AGREEMENT, UNALLOCATED RESERVE AND DISTRIBUTIONS

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

	July 31, 2024		January 31, 2024
Cash and cash equivalents	$	21,631,129	$	23,980,448
Distribution payable		(3,936,003)		(4,854,404)
Unallocated cash and cash equivalents	$	17,695,126	$	19,126,044

Schedule of reconciliation of Trust's Unallocated Reserve

		Unallocated		Trust
		Reserve		Corpus		Total
Balances as of January 31, 2024	$	20,975,143	$	3	$	20,975,146
Net income		8,881,678		—		8,881,678
Distributions declared - $0.5900 per unit		(7,740,806)		—		(7,740,806)
Balances as of July 31, 2024	$	22,116,015	$	3	$	22,116,018

		Unallocated		Trust
		Reserve		Corpus		Total
Balances as of April 30, 2024	$	20,654,125	$	3	$	20,654,128
Net income		5,397,894		—		5,397,894
Distributions declared - $0.3000 per unit		(3,936,004)		—		(3,936,004)
Balances as of July 31, 2024	$	22,116,015	$	3	$	22,116,018

		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 loss		9,183,340		—		9,183,340
Distributions declared - $0.00 per unit		—		—		—
Balances as of July 31, 2023	$	21,644,693	$	3	$	21,644,696