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Condensed Statements of Cash Flows - USD ($)
6 Months Ended
Jul. 31, 2024
Jul. 31, 2023
Operating activities    
Royalties received $ 10,385,169 $ 5,321,510
Interest received 442,643 295,745
Expenses paid (4,517,924) (1,832,846)
Net cash from operating activities 6,309,888 3,784,409
Financing activity    
Distributions to unitholders (8,659,207)  
Net change in cash and cash equivalents (2,349,319) 3,784,409
Cash and cash equivalents, beginning of period 23,980,448 13,966,500
Cash and cash equivalents, end of period 21,631,129 17,750,909
Reconciliation of net income to net cash from operating activities    
Net income 8,881,678 10,206,479
Increase in accrued income receivable (624,332) (1,789,038)
Increase in contract asset (1,288,336) (2,033,676)
Decrease (increase) in prepaid expense 4,971 (176,709)
Decrease in accrued expenses (664,093) (124,526)
Decrease in contract liability   (2,298,121)
Net cash from operating activities 6,309,888 $ 3,784,409
Non cash financing activity    
Distributions declared and payable $ 3,936,003